Global Hydrotreated Vegetable Oil (HVO) Industry Growth and Trends Forecast to 2031

Summary

According to APO Research, The global Hydrotreated Vegetable Oil (HVO) market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Hydrotreated Vegetable Oil (HVO) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Hydrotreated Vegetable Oil (HVO) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Hydrotreated Vegetable Oil (HVO) is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Hydrotreated Vegetable Oil (HVO) include Diamond Green Diesel, Eni, Neste, Preem, Renewable Energy Group, Repsol, World Energy, UPM Biofuels and TotalEnergies, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Hydrotreated Vegetable Oil (HVO), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrotreated Vegetable Oil (HVO).

The Hydrotreated Vegetable Oil (HVO) market size, estimations, and forecasts are provided in terms of sales volume (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Hydrotreated Vegetable Oil (HVO) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Hydrotreated Vegetable Oil (HVO) Segment by Company

Diamond Green Diesel
Eni
Neste
Preem
Renewable Energy Group
Repsol
World Energy
UPM Biofuels
TotalEnergies
NextChem(Maire Tecnimont)
Cepsa

Hydrotreated Vegetable Oil (HVO) Segment by Type

Based on Ecofining Technology
Based on Co-Processing Technology
Other

Hydrotreated Vegetable Oil (HVO) Segment by Application

Industrial Power System
Generator
Vehicle
Other

Hydrotreated Vegetable Oil (HVO) Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hydrotreated Vegetable Oil (HVO) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Hydrotreated Vegetable Oil (HVO) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hydrotreated Vegetable Oil (HVO).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Hydrotreated Vegetable Oil (HVO) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Hydrotreated Vegetable Oil (HVO) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Hydrotreated Vegetable Oil (HVO) Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Hydrotreated Vegetable Oil (HVO) Sales Estimates and Forecasts (2020-2031)
1.3 Hydrotreated Vegetable Oil (HVO) Market by Type
1.3.1 Based on Ecofining Technology
1.3.2 Based on Co-Processing Technology
1.3.3 Other
1.4 Global Hydrotreated Vegetable Oil (HVO) Market Size by Type
1.4.1 Global Hydrotreated Vegetable Oil (HVO) Market Size Overview by Type (2020-2031)
1.4.2 Global Hydrotreated Vegetable Oil (HVO) Historic Market Size Review by Type (2020-2025)
1.4.3 Global Hydrotreated Vegetable Oil (HVO) Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2020-2025)
1.5.2 Europe Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2020-2025)
1.5.4 South America Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics
2.1 Hydrotreated Vegetable Oil (HVO) Industry Trends
2.2 Hydrotreated Vegetable Oil (HVO) Industry Drivers
2.3 Hydrotreated Vegetable Oil (HVO) Industry Opportunities and Challenges
2.4 Hydrotreated Vegetable Oil (HVO) Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Hydrotreated Vegetable Oil (HVO) Revenue (2020-2025)
3.2 Global Top Players by Hydrotreated Vegetable Oil (HVO) Sales (2020-2025)
3.3 Global Top Players by Hydrotreated Vegetable Oil (HVO) Price (2020-2025)
3.4 Global Hydrotreated Vegetable Oil (HVO) Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Hydrotreated Vegetable Oil (HVO) Major Company Production Sites & Headquarters
3.6 Global Hydrotreated Vegetable Oil (HVO) Company, Product Type & Application
3.7 Global Hydrotreated Vegetable Oil (HVO) Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Hydrotreated Vegetable Oil (HVO) Market CR5 and HHI
3.8.2 Global Top 5 and 10 Hydrotreated Vegetable Oil (HVO) Players Market Share by Revenue in 2024
3.8.3 2023 Hydrotreated Vegetable Oil (HVO) Tier 1, Tier 2, and Tier 3
4 Hydrotreated Vegetable Oil (HVO) Regional Status and Outlook
4.1 Global Hydrotreated Vegetable Oil (HVO) Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Hydrotreated Vegetable Oil (HVO) Historic Market Size by Region
4.2.1 Global Hydrotreated Vegetable Oil (HVO) Sales in Volume by Region (2020-2025)
4.2.2 Global Hydrotreated Vegetable Oil (HVO) Sales in Value by Region (2020-2025)
4.2.3 Global Hydrotreated Vegetable Oil (HVO) Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Hydrotreated Vegetable Oil (HVO) Forecasted Market Size by Region
4.3.1 Global Hydrotreated Vegetable Oil (HVO) Sales in Volume by Region (2026-2031)
4.3.2 Global Hydrotreated Vegetable Oil (HVO) Sales in Value by Region (2026-2031)
4.3.3 Global Hydrotreated Vegetable Oil (HVO) Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Hydrotreated Vegetable Oil (HVO) by Application
5.1 Hydrotreated Vegetable Oil (HVO) Market by Application
5.1.1 Industrial Power System
5.1.2 Generator
5.1.3 Vehicle
5.1.4 Other
5.2 Global Hydrotreated Vegetable Oil (HVO) Market Size by Application
5.2.1 Global Hydrotreated Vegetable Oil (HVO) Market Size Overview by Application (2020-2031)
5.2.2 Global Hydrotreated Vegetable Oil (HVO) Historic Market Size Review by Application (2020-2025)
5.2.3 Global Hydrotreated Vegetable Oil (HVO) Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2020-2025)
5.3.2 Europe Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2020-2025)
5.3.4 South America Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2020-2025)
6 Company Profiles
6.1 Diamond Green Diesel
6.1.1 Diamond Green Diesel Comapny Information
6.1.2 Diamond Green Diesel Business Overview
6.1.3 Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.1.5 Diamond Green Diesel Recent Developments
6.2 Eni
6.2.1 Eni Comapny Information
6.2.2 Eni Business Overview
6.2.3 Eni Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Eni Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.2.5 Eni Recent Developments
6.3 Neste
6.3.1 Neste Comapny Information
6.3.2 Neste Business Overview
6.3.3 Neste Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.3.4 Neste Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.3.5 Neste Recent Developments
6.4 Preem
6.4.1 Preem Comapny Information
6.4.2 Preem Business Overview
6.4.3 Preem Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Preem Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.4.5 Preem Recent Developments
6.5 Renewable Energy Group
6.5.1 Renewable Energy Group Comapny Information
6.5.2 Renewable Energy Group Business Overview
6.5.3 Renewable Energy Group Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Renewable Energy Group Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.5.5 Renewable Energy Group Recent Developments
6.6 Repsol
6.6.1 Repsol Comapny Information
6.6.2 Repsol Business Overview
6.6.3 Repsol Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.6.4 Repsol Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.6.5 Repsol Recent Developments
6.7 World Energy
6.7.1 World Energy Comapny Information
6.7.2 World Energy Business Overview
6.7.3 World Energy Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.7.4 World Energy Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.7.5 World Energy Recent Developments
6.8 UPM Biofuels
6.8.1 UPM Biofuels Comapny Information
6.8.2 UPM Biofuels Business Overview
6.8.3 UPM Biofuels Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.8.4 UPM Biofuels Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.8.5 UPM Biofuels Recent Developments
6.9 TotalEnergies
6.9.1 TotalEnergies Comapny Information
6.9.2 TotalEnergies Business Overview
6.9.3 TotalEnergies Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.9.4 TotalEnergies Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.9.5 TotalEnergies Recent Developments
6.10 NextChem(Maire Tecnimont)
6.10.1 NextChem(Maire Tecnimont) Comapny Information
6.10.2 NextChem(Maire Tecnimont) Business Overview
6.10.3 NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.10.4 NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.10.5 NextChem(Maire Tecnimont) Recent Developments
6.11 Cepsa
6.11.1 Cepsa Comapny Information
6.11.2 Cepsa Business Overview
6.11.3 Cepsa Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Cepsa Hydrotreated Vegetable Oil (HVO) Product Portfolio
6.11.5 Cepsa Recent Developments
7 North America by Country
7.1 North America Hydrotreated Vegetable Oil (HVO) Sales by Country
7.1.1 North America Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Hydrotreated Vegetable Oil (HVO) Sales by Country (2020-2025)
7.1.3 North America Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2026-2031)
7.2 North America Hydrotreated Vegetable Oil (HVO) Market Size by Country
7.2.1 North America Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Hydrotreated Vegetable Oil (HVO) Market Size by Country (2020-2025)
7.2.3 North America Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2026-2031)
8 Europe by Country
8.1 Europe Hydrotreated Vegetable Oil (HVO) Sales by Country
8.1.1 Europe Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Hydrotreated Vegetable Oil (HVO) Sales by Country (2020-2025)
8.1.3 Europe Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2026-2031)
8.2 Europe Hydrotreated Vegetable Oil (HVO) Market Size by Country
8.2.1 Europe Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Hydrotreated Vegetable Oil (HVO) Market Size by Country (2020-2025)
8.2.3 Europe Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country
9.1 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales by Country
9.1.1 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales by Country (2020-2025)
9.1.3 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Market Size by Country
9.2.1 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2026-2031)
10 South America by Country
10.1 South America Hydrotreated Vegetable Oil (HVO) Sales by Country
10.1.1 South America Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Hydrotreated Vegetable Oil (HVO) Sales by Country (2020-2025)
10.1.3 South America Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2026-2031)
10.2 South America Hydrotreated Vegetable Oil (HVO) Market Size by Country
10.2.1 South America Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Hydrotreated Vegetable Oil (HVO) Market Size by Country (2020-2025)
10.2.3 South America Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country
11.1 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales by Country
11.1.1 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales by Country (2020-2025)
11.1.3 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Market Size by Country
11.2.1 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis
12.1 Hydrotreated Vegetable Oil (HVO) Value Chain Analysis
12.1.1 Hydrotreated Vegetable Oil (HVO) Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Hydrotreated Vegetable Oil (HVO) Production Mode & Process
12.2 Hydrotreated Vegetable Oil (HVO) Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Hydrotreated Vegetable Oil (HVO) Distributors
12.2.3 Hydrotreated Vegetable Oil (HVO) Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings