According to our (Global Info Research) latest study, the global Hydroprocessed Esters and Fatty Acids (HEFA) market size was valued at US$ 17980 million in 2024 and is forecast to a readjusted size of USD 49440 million by 2031 with a CAGR of 15.7% during review period.
HEFA (Hydroprocessed Esters and Fatty Acids), also called HVO (Hydrotreated Vegetable Oil), is a renewable diesel fuel that can be produced from a wide array of vegetable oils and fats. The term HEFA or HVO is used collectively for these biogenic hydrocarbon-based renewable biofuels. HVO is free of aromatics and sulfur and has a high cetane number. It is a so-called drop-in fuel, meaning that it is chemically equivalent to fossil diesel fuel and can be used in existing diesel engines without technical blend walls. One challenge that the production of HVO is facing is to find enough suitable and sustainable feedstock.
This report is a detailed and comprehensive analysis for global Hydroprocessed Esters and Fatty Acids (HEFA) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Hydroprocessed Esters and Fatty Acids (HEFA) market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Hydroprocessed Esters and Fatty Acids (HEFA) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Hydroprocessed Esters and Fatty Acids (HEFA) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Hydroprocessed Esters and Fatty Acids (HEFA) market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hydroprocessed Esters and Fatty Acids (HEFA)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hydroprocessed Esters and Fatty Acids (HEFA) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Neste Oil, Total S.A., Eni, Renewable Energy Group, Preem, Diamond Green Diesel, UPM Biofuels, REG, Emerald Biofuels, World Energy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hydroprocessed Esters and Fatty Acids (HEFA) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Animal-Sourced Fats
Vegetable-Sourced Oils
Market segment by Application
Vehicle
Generator
Industrial Power System
Other
Major players covered
Neste Oil
Total S.A.
Eni
Renewable Energy Group
Preem
Diamond Green Diesel
UPM Biofuels
REG
Emerald Biofuels
World Energy
ConocoPhillips
Repsol
Cepsa
NextChem
Axens
Colabitoil
Haldor Topsoe
Ryze Renewables
BP
PetroBras
Nippon Oil
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydroprocessed Esters and Fatty Acids (HEFA) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydroprocessed Esters and Fatty Acids (HEFA), with price, sales quantity, revenue, and global market share of Hydroprocessed Esters and Fatty Acids (HEFA) from 2020 to 2025.
Chapter 3, the Hydroprocessed Esters and Fatty Acids (HEFA) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydroprocessed Esters and Fatty Acids (HEFA) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Hydroprocessed Esters and Fatty Acids (HEFA) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydroprocessed Esters and Fatty Acids (HEFA).
Chapter 14 and 15, to describe Hydroprocessed Esters and Fatty Acids (HEFA) sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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