Global Hydrotreated Vegetable Oil (HVO) Supply, Demand and Key Producers, 2023-2029

Global Hydrotreated Vegetable Oil (HVO) Supply, Demand and Key Producers, 2023-2029

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Published Date: 10 Feb 2023

Category: Chemical & Material

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Hydrotreated Vegetable Oil (HVO) market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Hydrotreated Vegetable Oils (HVO) commonly referred to as renewable diesel and Hydroprocessed Esters and Fatty Acids (HEFA) are produced via hydroprocessing of oils and fats. Hydroprocessing is an alternative process to esterification to produce diesel from biomass.HVO/HEFA are straight chain paraffinic hydrocarbons that are free of aromatics, oxygen and sulfur and have high cetane numbers. HEFA offers a number of benefits over FAME (Fatty Acid Methyl Esters), such as reduced NOx emission, better storage stability, and better cold flow properties. Hence HEFA can typically be used in all diesel engines. Also, the use as an aviation (bio jet) fuel has been approved.

HVO can be produced from a wide variety of materials containing triglycerides and fatty acids.Within this range of materials, HVO is flexible in its feedstock requirements allowing the use of a wide range of low quality waste and residue materials still leading to production of hydrocarbon drop-in products. The key additional feedstock needed is hydrogen which today comes from a fossil source.

This report studies the global Hydrotreated Vegetable Oil (HVO) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Hydrotreated Vegetable Oil (HVO), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hydrotreated Vegetable Oil (HVO) that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Hydrotreated Vegetable Oil (HVO) total production and demand, 2018-2029, (Kiloton)
Global Hydrotreated Vegetable Oil (HVO) total production value, 2018-2029, (USD Million)
Global Hydrotreated Vegetable Oil (HVO) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
Global Hydrotreated Vegetable Oil (HVO) consumption by region & country, CAGR, 2018-2029 & (Kiloton)
U.S. VS China: Hydrotreated Vegetable Oil (HVO) domestic production, consumption, key domestic manufacturers and share
Global Hydrotreated Vegetable Oil (HVO) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Kiloton)
Global Hydrotreated Vegetable Oil (HVO) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
Global Hydrotreated Vegetable Oil (HVO) production by Application production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
This reports profiles key players in the global Hydrotreated Vegetable Oil (HVO) market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Neste, Diamond Green Diesel, UPM Biofuels, REG, Emerald Biofuels, Eni, World Energy, Total and ConocoPhillips, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hydrotreated Vegetable Oil (HVO) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kiloton) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Hydrotreated Vegetable Oil (HVO) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Hydrotreated Vegetable Oil (HVO) Market, Segmentation by Type
Based on Ecofining Technology
Based on Co-Processing Technology
Other

Global Hydrotreated Vegetable Oil (HVO) Market, Segmentation by Application
Vehicle
Generator
Industrial Power System
Other

Companies Profiled:
Neste
Diamond Green Diesel
UPM Biofuels
REG
Emerald Biofuels
Eni
World Energy
Total
ConocoPhillips
Preem
Repsol
Cepsa
NextChem(Maire Tecnimont)
Axens
Colabitoil
Haldor Topsoe
Ryze Renewables
BP
PetroBras
Nippon Oil

Key Questions Answered
1. How big is the global Hydrotreated Vegetable Oil (HVO) market?
2. What is the demand of the global Hydrotreated Vegetable Oil (HVO) market?
3. What is the year over year growth of the global Hydrotreated Vegetable Oil (HVO) market?
4. What is the production and production value of the global Hydrotreated Vegetable Oil (HVO) market?
5. Who are the key producers in the global Hydrotreated Vegetable Oil (HVO) market?
6. What are the growth factors driving the market demand?
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Table of Contents

1 Supply Summary
1.1 Hydrotreated Vegetable Oil (HVO) Introduction
1.2 World Hydrotreated Vegetable Oil (HVO) Supply & Forecast
1.2.1 World Hydrotreated Vegetable Oil (HVO) Production Value (2018 & 2022 & 2029)
1.2.2 World Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.2.3 World Hydrotreated Vegetable Oil (HVO) Pricing Trends (2018-2029)
1.3 World Hydrotreated Vegetable Oil (HVO) Production by Region (Based on Production Site)
1.3.1 World Hydrotreated Vegetable Oil (HVO) Production Value by Region (2018-2029)
1.3.2 World Hydrotreated Vegetable Oil (HVO) Production by Region (2018-2029)
1.3.3 World Hydrotreated Vegetable Oil (HVO) Average Price by Region (2018-2029)
1.3.4 North America Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.3.5 Europe Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.3.6 China Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.3.7 Japan Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.4 Market Drivers, Restraints and Trends
1.4.1 Hydrotreated Vegetable Oil (HVO) Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Hydrotreated Vegetable Oil (HVO) Major Market Trends
1.5 Influence of COVID-19 and Russia-Ukraine War
1.5.1 Influence of COVID-19
1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
2.1 World Hydrotreated Vegetable Oil (HVO) Demand (2018-2029)
2.2 World Hydrotreated Vegetable Oil (HVO) Consumption by Region
2.2.1 World Hydrotreated Vegetable Oil (HVO) Consumption by Region (2018-2023)
2.2.2 World Hydrotreated Vegetable Oil (HVO) Consumption Forecast by Region (2024-2029)
2.3 United States Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.4 China Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.5 Europe Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.6 Japan Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.7 South Korea Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.8 ASEAN Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.9 India Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)

3 World Hydrotreated Vegetable Oil (HVO) Manufacturers Competitive Analysis
3.1 World Hydrotreated Vegetable Oil (HVO) Production Value by Manufacturer (2018-2023)
3.2 World Hydrotreated Vegetable Oil (HVO) Production by Manufacturer (2018-2023)
3.3 World Hydrotreated Vegetable Oil (HVO) Average Price by Manufacturer (2018-2023)
3.4 Hydrotreated Vegetable Oil (HVO) Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Hydrotreated Vegetable Oil (HVO) Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Hydrotreated Vegetable Oil (HVO) in 2022
3.5.3 Global Concentration Ratios (CR8) for Hydrotreated Vegetable Oil (HVO) in 2022
3.6 Hydrotreated Vegetable Oil (HVO) Market: Overall Company Footprint Analysis
3.6.1 Hydrotreated Vegetable Oil (HVO) Market: Region Footprint
3.6.2 Hydrotreated Vegetable Oil (HVO) Market: Company Product Type Footprint
3.6.3 Hydrotreated Vegetable Oil (HVO) Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Value Comparison
4.1.1 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Value Comparison (2018 & 2022 & 2029)
4.1.2 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Value Market Share Comparison (2018 & 2022 & 2029)
4.2 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Comparison
4.2.1 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Comparison (2018 & 2022 & 2029)
4.2.2 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Market Share Comparison (2018 & 2022 & 2029)
4.3 United States VS China: Hydrotreated Vegetable Oil (HVO) Consumption Comparison
4.3.1 United States VS China: Hydrotreated Vegetable Oil (HVO) Consumption Comparison (2018 & 2022 & 2029)
4.3.2 United States VS China: Hydrotreated Vegetable Oil (HVO) Consumption Market Share Comparison (2018 & 2022 & 2029)
4.4 United States Based Hydrotreated Vegetable Oil (HVO) Manufacturers and Market Share, 2018-2023
4.4.1 United States Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value (2018-2023)
4.4.3 United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023)
4.5 China Based Hydrotreated Vegetable Oil (HVO) Manufacturers and Market Share
4.5.1 China Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value (2018-2023)
4.5.3 China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023)
4.6 Rest of World Based Hydrotreated Vegetable Oil (HVO) Manufacturers and Market Share, 2018-2023
4.6.1 Rest of World Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value (2018-2023)
4.6.3 Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023)

5 Market Analysis by Type
5.1 World Hydrotreated Vegetable Oil (HVO) Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
5.2.1 Based on Ecofining Technology
5.2.2 Based on Co-Processing Technology
5.2.3 Other
5.3 Market Segment by Type
5.3.1 World Hydrotreated Vegetable Oil (HVO) Production by Type (2018-2029)
5.3.2 World Hydrotreated Vegetable Oil (HVO) Production Value by Type (2018-2029)
5.3.3 World Hydrotreated Vegetable Oil (HVO) Average Price by Type (2018-2029)

6 Market Analysis by Application
6.1 World Hydrotreated Vegetable Oil (HVO) Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
6.2.1 Vehicle
6.2.2 Generator
6.2.3 Industrial Power System
6.2.4 Other
6.3 Market Segment by Application
6.3.1 World Hydrotreated Vegetable Oil (HVO) Production by Application (2018-2029)
6.3.2 World Hydrotreated Vegetable Oil (HVO) Production Value by Application (2018-2029)
6.3.3 World Hydrotreated Vegetable Oil (HVO) Average Price by Application (2018-2029)

7 Company Profiles
7.1 Neste
7.1.1 Neste Details
7.1.2 Neste Major Business
7.1.3 Neste Hydrotreated Vegetable Oil (HVO) Product and Services
7.1.4 Neste Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.1.5 Neste Recent Developments/Updates
7.1.6 Neste Competitive Strengths & Weaknesses
7.2 Diamond Green Diesel
7.2.1 Diamond Green Diesel Details
7.2.2 Diamond Green Diesel Major Business
7.2.3 Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Product and Services
7.2.4 Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.2.5 Diamond Green Diesel Recent Developments/Updates
7.2.6 Diamond Green Diesel Competitive Strengths & Weaknesses
7.3 UPM Biofuels
7.3.1 UPM Biofuels Details
7.3.2 UPM Biofuels Major Business
7.3.3 UPM Biofuels Hydrotreated Vegetable Oil (HVO) Product and Services
7.3.4 UPM Biofuels Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.3.5 UPM Biofuels Recent Developments/Updates
7.3.6 UPM Biofuels Competitive Strengths & Weaknesses
7.4 REG
7.4.1 REG Details
7.4.2 REG Major Business
7.4.3 REG Hydrotreated Vegetable Oil (HVO) Product and Services
7.4.4 REG Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.4.5 REG Recent Developments/Updates
7.4.6 REG Competitive Strengths & Weaknesses
7.5 Emerald Biofuels
7.5.1 Emerald Biofuels Details
7.5.2 Emerald Biofuels Major Business
7.5.3 Emerald Biofuels Hydrotreated Vegetable Oil (HVO) Product and Services
7.5.4 Emerald Biofuels Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.5.5 Emerald Biofuels Recent Developments/Updates
7.5.6 Emerald Biofuels Competitive Strengths & Weaknesses
7.6 Eni
7.6.1 Eni Details
7.6.2 Eni Major Business
7.6.3 Eni Hydrotreated Vegetable Oil (HVO) Product and Services
7.6.4 Eni Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.6.5 Eni Recent Developments/Updates
7.6.6 Eni Competitive Strengths & Weaknesses
7.7 World Energy
7.7.1 World Energy Details
7.7.2 World Energy Major Business
7.7.3 World Energy Hydrotreated Vegetable Oil (HVO) Product and Services
7.7.4 World Energy Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.7.5 World Energy Recent Developments/Updates
7.7.6 World Energy Competitive Strengths & Weaknesses
7.8 Total
7.8.1 Total Details
7.8.2 Total Major Business
7.8.3 Total Hydrotreated Vegetable Oil (HVO) Product and Services
7.8.4 Total Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.8.5 Total Recent Developments/Updates
7.8.6 Total Competitive Strengths & Weaknesses
7.9 ConocoPhillips
7.9.1 ConocoPhillips Details
7.9.2 ConocoPhillips Major Business
7.9.3 ConocoPhillips Hydrotreated Vegetable Oil (HVO) Product and Services
7.9.4 ConocoPhillips Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.9.5 ConocoPhillips Recent Developments/Updates
7.9.6 ConocoPhillips Competitive Strengths & Weaknesses
7.10 Preem
7.10.1 Preem Details
7.10.2 Preem Major Business
7.10.3 Preem Hydrotreated Vegetable Oil (HVO) Product and Services
7.10.4 Preem Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.10.5 Preem Recent Developments/Updates
7.10.6 Preem Competitive Strengths & Weaknesses
7.11 Repsol
7.11.1 Repsol Details
7.11.2 Repsol Major Business
7.11.3 Repsol Hydrotreated Vegetable Oil (HVO) Product and Services
7.11.4 Repsol Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.11.5 Repsol Recent Developments/Updates
7.11.6 Repsol Competitive Strengths & Weaknesses
7.12 Cepsa
7.12.1 Cepsa Details
7.12.2 Cepsa Major Business
7.12.3 Cepsa Hydrotreated Vegetable Oil (HVO) Product and Services
7.12.4 Cepsa Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.12.5 Cepsa Recent Developments/Updates
7.12.6 Cepsa Competitive Strengths & Weaknesses
7.13 NextChem(Maire Tecnimont)
7.13.1 NextChem(Maire Tecnimont) Details
7.13.2 NextChem(Maire Tecnimont) Major Business
7.13.3 NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Product and Services
7.13.4 NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.13.5 NextChem(Maire Tecnimont) Recent Developments/Updates
7.13.6 NextChem(Maire Tecnimont) Competitive Strengths & Weaknesses
7.14 Axens
7.14.1 Axens Details
7.14.2 Axens Major Business
7.14.3 Axens Hydrotreated Vegetable Oil (HVO) Product and Services
7.14.4 Axens Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.14.5 Axens Recent Developments/Updates
7.14.6 Axens Competitive Strengths & Weaknesses
7.15 Colabitoil
7.15.1 Colabitoil Details
7.15.2 Colabitoil Major Business
7.15.3 Colabitoil Hydrotreated Vegetable Oil (HVO) Product and Services
7.15.4 Colabitoil Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.15.5 Colabitoil Recent Developments/Updates
7.15.6 Colabitoil Competitive Strengths & Weaknesses
7.16 Haldor Topsoe
7.16.1 Haldor Topsoe Details
7.16.2 Haldor Topsoe Major Business
7.16.3 Haldor Topsoe Hydrotreated Vegetable Oil (HVO) Product and Services
7.16.4 Haldor Topsoe Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.16.5 Haldor Topsoe Recent Developments/Updates
7.16.6 Haldor Topsoe Competitive Strengths & Weaknesses
7.17 Ryze Renewables
7.17.1 Ryze Renewables Details
7.17.2 Ryze Renewables Major Business
7.17.3 Ryze Renewables Hydrotreated Vegetable Oil (HVO) Product and Services
7.17.4 Ryze Renewables Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.17.5 Ryze Renewables Recent Developments/Updates
7.17.6 Ryze Renewables Competitive Strengths & Weaknesses
7.18 BP
7.18.1 BP Details
7.18.2 BP Major Business
7.18.3 BP Hydrotreated Vegetable Oil (HVO) Product and Services
7.18.4 BP Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.18.5 BP Recent Developments/Updates
7.18.6 BP Competitive Strengths & Weaknesses
7.19 PetroBras
7.19.1 PetroBras Details
7.19.2 PetroBras Major Business
7.19.3 PetroBras Hydrotreated Vegetable Oil (HVO) Product and Services
7.19.4 PetroBras Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.19.5 PetroBras Recent Developments/Updates
7.19.6 PetroBras Competitive Strengths & Weaknesses
7.20 Nippon Oil
7.20.1 Nippon Oil Details
7.20.2 Nippon Oil Major Business
7.20.3 Nippon Oil Hydrotreated Vegetable Oil (HVO) Product and Services
7.20.4 Nippon Oil Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.20.5 Nippon Oil Recent Developments/Updates
7.20.6 Nippon Oil Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Hydrotreated Vegetable Oil (HVO) Industry Chain
8.2 Hydrotreated Vegetable Oil (HVO) Upstream Analysis
8.2.1 Hydrotreated Vegetable Oil (HVO) Core Raw Materials
8.2.2 Main Manufacturers of Hydrotreated Vegetable Oil (HVO) Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Hydrotreated Vegetable Oil (HVO) Production Mode
8.6 Hydrotreated Vegetable Oil (HVO) Procurement Model
8.7 Hydrotreated Vegetable Oil (HVO) Industry Sales Model and Sales Channels
8.7.1 Hydrotreated Vegetable Oil (HVO) Sales Model
8.7.2 Hydrotreated Vegetable Oil (HVO) Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Hydrotreated Vegetable Oil (HVO) Production Value by Region (2018, 2022 and 2029) & (USD Million)
Table 2. World Hydrotreated Vegetable Oil (HVO) Production Value by Region (2018-2023) & (USD Million)
Table 3. World Hydrotreated Vegetable Oil (HVO) Production Value by Region (2024-2029) & (USD Million)
Table 4. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Region (2018-2023)
Table 5. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Region (2024-2029)
Table 6. World Hydrotreated Vegetable Oil (HVO) Production by Region (2018-2023) & (Kiloton)
Table 7. World Hydrotreated Vegetable Oil (HVO) Production by Region (2024-2029) & (Kiloton)
Table 8. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Region (2018-2023)
Table 9. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Region (2024-2029)
Table 10. World Hydrotreated Vegetable Oil (HVO) Average Price by Region (2018-2023) & (US$/Ton)
Table 11. World Hydrotreated Vegetable Oil (HVO) Average Price by Region (2024-2029) & (US$/Ton)
Table 12. Hydrotreated Vegetable Oil (HVO) Major Market Trends
Table 13. World Hydrotreated Vegetable Oil (HVO) Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (Kiloton)
Table 14. World Hydrotreated Vegetable Oil (HVO) Consumption by Region (2018-2023) & (Kiloton)
Table 15. World Hydrotreated Vegetable Oil (HVO) Consumption Forecast by Region (2024-2029) & (Kiloton)
Table 16. World Hydrotreated Vegetable Oil (HVO) Production Value by Manufacturer (2018-2023) & (USD Million)
Table 17. Production Value Market Share of Key Hydrotreated Vegetable Oil (HVO) Producers in 2022
Table 18. World Hydrotreated Vegetable Oil (HVO) Production by Manufacturer (2018-2023) & (Kiloton)
Table 19. Production Market Share of Key Hydrotreated Vegetable Oil (HVO) Producers in 2022
Table 20. World Hydrotreated Vegetable Oil (HVO) Average Price by Manufacturer (2018-2023) & (US$/Ton)
Table 21. Global Hydrotreated Vegetable Oil (HVO) Company Evaluation Quadrant
Table 22. World Hydrotreated Vegetable Oil (HVO) Industry Rank of Major Manufacturers, Based on Production Value in 2022
Table 23. Head Office and Hydrotreated Vegetable Oil (HVO) Production Site of Key Manufacturer
Table 24. Hydrotreated Vegetable Oil (HVO) Market: Company Product Type Footprint
Table 25. Hydrotreated Vegetable Oil (HVO) Market: Company Product Application Footprint
Table 26. Hydrotreated Vegetable Oil (HVO) Competitive Factors
Table 27. Hydrotreated Vegetable Oil (HVO) New Entrant and Capacity Expansion Plans
Table 28. Hydrotreated Vegetable Oil (HVO) Mergers & Acquisitions Activity
Table 29. United States VS China Hydrotreated Vegetable Oil (HVO) Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 30. United States VS China Hydrotreated Vegetable Oil (HVO) Production Comparison, (2018 & 2022 & 2029) & (Kiloton)
Table 31. United States VS China Hydrotreated Vegetable Oil (HVO) Consumption Comparison, (2018 & 2022 & 2029) & (Kiloton)
Table 32. United States Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value, (2018-2023) & (USD Million)
Table 34. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value Market Share (2018-2023)
Table 35. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023) & (Kiloton)
Table 36. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share (2018-2023)
Table 37. China Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value, (2018-2023) & (USD Million)
Table 39. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value Market Share (2018-2023)
Table 40. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023) & (Kiloton)
Table 41. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share (2018-2023)
Table 42. Rest of World Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value, (2018-2023) & (USD Million)
Table 44. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value Market Share (2018-2023)
Table 45. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023) & (Kiloton)
Table 46. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share (2018-2023)
Table 47. World Hydrotreated Vegetable Oil (HVO) Production Value by Type, (USD Million), 2018 & 2022 & 2029
Table 48. World Hydrotreated Vegetable Oil (HVO) Production by Type (2018-2023) & (Kiloton)
Table 49. World Hydrotreated Vegetable Oil (HVO) Production by Type (2024-2029) & (Kiloton)
Table 50. World Hydrotreated Vegetable Oil (HVO) Production Value by Type (2018-2023) & (USD Million)
Table 51. World Hydrotreated Vegetable Oil (HVO) Production Value by Type (2024-2029) & (USD Million)
Table 52. World Hydrotreated Vegetable Oil (HVO) Average Price by Type (2018-2023) & (US$/Ton)
Table 53. World Hydrotreated Vegetable Oil (HVO) Average Price by Type (2024-2029) & (US$/Ton)
Table 54. World Hydrotreated Vegetable Oil (HVO) Production Value by Application, (USD Million), 2018 & 2022 & 2029
Table 55. World Hydrotreated Vegetable Oil (HVO) Production by Application (2018-2023) & (Kiloton)
Table 56. World Hydrotreated Vegetable Oil (HVO) Production by Application (2024-2029) & (Kiloton)
Table 57. World Hydrotreated Vegetable Oil (HVO) Production Value by Application (2018-2023) & (USD Million)
Table 58. World Hydrotreated Vegetable Oil (HVO) Production Value by Application (2024-2029) & (USD Million)
Table 59. World Hydrotreated Vegetable Oil (HVO) Average Price by Application (2018-2023) & (US$/Ton)
Table 60. World Hydrotreated Vegetable Oil (HVO) Average Price by Application (2024-2029) & (US$/Ton)
Table 61. Neste Basic Information, Manufacturing Base and Competitors
Table 62. Neste Major Business
Table 63. Neste Hydrotreated Vegetable Oil (HVO) Product and Services
Table 64. Neste Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 65. Neste Recent Developments/Updates
Table 66. Neste Competitive Strengths & Weaknesses
Table 67. Diamond Green Diesel Basic Information, Manufacturing Base and Competitors
Table 68. Diamond Green Diesel Major Business
Table 69. Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Product and Services
Table 70. Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 71. Diamond Green Diesel Recent Developments/Updates
Table 72. Diamond Green Diesel Competitive Strengths & Weaknesses
Table 73. UPM Biofuels Basic Information, Manufacturing Base and Competitors
Table 74. UPM Biofuels Major Business
Table 75. UPM Biofuels Hydrotreated Vegetable Oil (HVO) Product and Services
Table 76. UPM Biofuels Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 77. UPM Biofuels Recent Developments/Updates
Table 78. UPM Biofuels Competitive Strengths & Weaknesses
Table 79. REG Basic Information, Manufacturing Base and Competitors
Table 80. REG Major Business
Table 81. REG Hydrotreated Vegetable Oil (HVO) Product and Services
Table 82. REG Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 83. REG Recent Developments/Updates
Table 84. REG Competitive Strengths & Weaknesses
Table 85. Emerald Biofuels Basic Information, Manufacturing Base and Competitors
Table 86. Emerald Biofuels Major Business
Table 87. Emerald Biofuels Hydrotreated Vegetable Oil (HVO) Product and Services
Table 88. Emerald Biofuels Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 89. Emerald Biofuels Recent Developments/Updates
Table 90. Emerald Biofuels Competitive Strengths & Weaknesses
Table 91. Eni Basic Information, Manufacturing Base and Competitors
Table 92. Eni Major Business
Table 93. Eni Hydrotreated Vegetable Oil (HVO) Product and Services
Table 94. Eni Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 95. Eni Recent Developments/Updates
Table 96. Eni Competitive Strengths & Weaknesses
Table 97. World Energy Basic Information, Manufacturing Base and Competitors
Table 98. World Energy Major Business
Table 99. World Energy Hydrotreated Vegetable Oil (HVO) Product and Services
Table 100. World Energy Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 101. World Energy Recent Developments/Updates
Table 102. World Energy Competitive Strengths & Weaknesses
Table 103. Total Basic Information, Manufacturing Base and Competitors
Table 104. Total Major Business
Table 105. Total Hydrotreated Vegetable Oil (HVO) Product and Services
Table 106. Total Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 107. Total Recent Developments/Updates
Table 108. Total Competitive Strengths & Weaknesses
Table 109. ConocoPhillips Basic Information, Manufacturing Base and Competitors
Table 110. ConocoPhillips Major Business
Table 111. ConocoPhillips Hydrotreated Vegetable Oil (HVO) Product and Services
Table 112. ConocoPhillips Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 113. ConocoPhillips Recent Developments/Updates
Table 114. ConocoPhillips Competitive Strengths & Weaknesses
Table 115. Preem Basic Information, Manufacturing Base and Competitors
Table 116. Preem Major Business
Table 117. Preem Hydrotreated Vegetable Oil (HVO) Product and Services
Table 118. Preem Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 119. Preem Recent Developments/Updates
Table 120. Preem Competitive Strengths & Weaknesses
Table 121. Repsol Basic Information, Manufacturing Base and Competitors
Table 122. Repsol Major Business
Table 123. Repsol Hydrotreated Vegetable Oil (HVO) Product and Services
Table 124. Repsol Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 125. Repsol Recent Developments/Updates
Table 126. Repsol Competitive Strengths & Weaknesses
Table 127. Cepsa Basic Information, Manufacturing Base and Competitors
Table 128. Cepsa Major Business
Table 129. Cepsa Hydrotreated Vegetable Oil (HVO) Product and Services
Table 130. Cepsa Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 131. Cepsa Recent Developments/Updates
Table 132. Cepsa Competitive Strengths & Weaknesses
Table 133. NextChem(Maire Tecnimont) Basic Information, Manufacturing Base and Competitors
Table 134. NextChem(Maire Tecnimont) Major Business
Table 135. NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Product and Services
Table 136. NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 137. NextChem(Maire Tecnimont) Recent Developments/Updates
Table 138. NextChem(Maire Tecnimont) Competitive Strengths & Weaknesses
Table 139. Axens Basic Information, Manufacturing Base and Competitors
Table 140. Axens Major Business
Table 141. Axens Hydrotreated Vegetable Oil (HVO) Product and Services
Table 142. Axens Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 143. Axens Recent Developments/Updates
Table 144. Axens Competitive Strengths & Weaknesses
Table 145. Colabitoil Basic Information, Manufacturing Base and Competitors
Table 146. Colabitoil Major Business
Table 147. Colabitoil Hydrotreated Vegetable Oil (HVO) Product and Services
Table 148. Colabitoil Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 149. Colabitoil Recent Developments/Updates
Table 150. Colabitoil Competitive Strengths & Weaknesses
Table 151. Haldor Topsoe Basic Information, Manufacturing Base and Competitors
Table 152. Haldor Topsoe Major Business
Table 153. Haldor Topsoe Hydrotreated Vegetable Oil (HVO) Product and Services
Table 154. Haldor Topsoe Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 155. Haldor Topsoe Recent Developments/Updates
Table 156. Haldor Topsoe Competitive Strengths & Weaknesses
Table 157. Ryze Renewables Basic Information, Manufacturing Base and Competitors
Table 158. Ryze Renewables Major Business
Table 159. Ryze Renewables Hydrotreated Vegetable Oil (HVO) Product and Services
Table 160. Ryze Renewables Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 161. Ryze Renewables Recent Developments/Updates
Table 162. Ryze Renewables Competitive Strengths & Weaknesses
Table 163. BP Basic Information, Manufacturing Base and Competitors
Table 164. BP Major Business
Table 165. BP Hydrotreated Vegetable Oil (HVO) Product and Services
Table 166. BP Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 167. BP Recent Developments/Updates
Table 168. BP Competitive Strengths & Weaknesses
Table 169. PetroBras Basic Information, Manufacturing Base and Competitors
Table 170. PetroBras Major Business
Table 171. PetroBras Hydrotreated Vegetable Oil (HVO) Product and Services
Table 172. PetroBras Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 173. PetroBras Recent Developments/Updates
Table 174. Nippon Oil Basic Information, Manufacturing Base and Competitors
Table 175. Nippon Oil Major Business
Table 176. Nippon Oil Hydrotreated Vegetable Oil (HVO) Product and Services
Table 177. Nippon Oil Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 178. Global Key Players of Hydrotreated Vegetable Oil (HVO) Upstream (Raw Materials)
Table 179. Hydrotreated Vegetable Oil (HVO) Typical Customers
Table 180. Hydrotreated Vegetable Oil (HVO) Typical Distributors
List of Figure
Figure 1. Hydrotreated Vegetable Oil (HVO) Picture
Figure 2. World Hydrotreated Vegetable Oil (HVO) Production Value: 2018 & 2022 & 2029, (USD Million)
Figure 3. World Hydrotreated Vegetable Oil (HVO) Production Value and Forecast (2018-2029) & (USD Million)
Figure 4. World Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 5. World Hydrotreated Vegetable Oil (HVO) Average Price (2018-2029) & (US$/Ton)
Figure 6. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Region (2018-2029)
Figure 7. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Region (2018-2029)
Figure 8. North America Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 9. Europe Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 10. China Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 11. Japan Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 12. Hydrotreated Vegetable Oil (HVO) Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 15. World Hydrotreated Vegetable Oil (HVO) Consumption Market Share by Region (2018-2029)
Figure 16. United States Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 17. China Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 18. Europe Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 19. Japan Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 20. South Korea Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 21. ASEAN Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 22. India Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 23. Producer Shipments of Hydrotreated Vegetable Oil (HVO) by Manufacturer Revenue ($MM) and Market Share (%): 2022
Figure 24. Global Four-firm Concentration Ratios (CR4) for Hydrotreated Vegetable Oil (HVO) Markets in 2022
Figure 25. Global Four-firm Concentration Ratios (CR8) for Hydrotreated Vegetable Oil (HVO) Markets in 2022
Figure 26. United States VS China: Hydrotreated Vegetable Oil (HVO) Production Value Market Share Comparison (2018 & 2022 & 2029)
Figure 27. United States VS China: Hydrotreated Vegetable Oil (HVO) Production Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: Hydrotreated Vegetable Oil (HVO) Consumption Market Share Comparison (2018 & 2022 & 2029)
Figure 29. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share 2022
Figure 30. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share 2022
Figure 31. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share 2022
Figure 32. World Hydrotreated Vegetable Oil (HVO) Production Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 33. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Type in 2022
Figure 34. Based on Ecofining Technology
Figure 35. Based on Co-Processing Technology
Figure 36. Other
Figure 37. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Type (2018-2029)
Figure 38. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Type (2018-2029)
Figure 39. World Hydrotreated Vegetable Oil (HVO) Average Price by Type (2018-2029) & (US$/Ton)
Figure 40. World Hydrotreated Vegetable Oil (HVO) Production Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 41. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Application in 2022
Figure 42. Vehicle
Figure 43. Generator
Figure 44. Industrial Power System
Figure 45. Other
Figure 46. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Application (2018-2029)
Figure 47. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Application (2018-2029)
Figure 48. World Hydrotreated Vegetable Oil (HVO) Average Price by Application (2018-2029) & (US$/Ton)
Figure 49. Hydrotreated Vegetable Oil (HVO) Industry Chain
Figure 50. Hydrotreated Vegetable Oil (HVO) Procurement Model
Figure 51. Hydrotreated Vegetable Oil (HVO) Sales Model
Figure 52. Hydrotreated Vegetable Oil (HVO) Sales Channels, Direct Sales, and Distribution
Figure 53. Methodology
Figure 54. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

yuan2

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

yuan2

Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Related Reports

Global Hydrotreated Vegetable Oil (HVO) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029 xian22

Global Hydrotreated Vegetable Oil (HVO) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

date 03 Jan 2023

date Chemical & Material

Hydrotreated Vegetable Oils (HVO) commonly referred to as renewable diesel and Hydroprocessed Esters and Fatty Acids (HEFA) are produced via hydroprocessing of oils and fats. Hydroprocessing is an alternative process to esterification to produce diesel from biomass.HVO/HEFA are straight chain paraffinic hydrocarbons that are free of aromatics, oxygen and sulfur and have high cetane numbers. HEFA offers a number of benefits over FAME (Fatty Acid Methyl Esters), such as reduced NOx emission, better storage stability, and better cold flow properties. Hence HEFA can typically be used in all diesel engines. Also, the use as an aviation (bio jet) fuel has been approved.

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Global Hydrotreated Vegetable Oil (HVO) Supply, Demand and Key Producers, 2023-2029

Global Hydrotreated Vegetable Oil (HVO) Supply, Demand and Key Producers, 2023-2029

Page: 127

Published Date: 10 Feb 2023

Category: Chemical & Material

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Description

The global Hydrotreated Vegetable Oil (HVO) market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Hydrotreated Vegetable Oils (HVO) commonly referred to as renewable diesel and Hydroprocessed Esters and Fatty Acids (HEFA) are produced via hydroprocessing of oils and fats. Hydroprocessing is an alternative process to esterification to produce diesel from biomass.HVO/HEFA are straight chain paraffinic hydrocarbons that are free of aromatics, oxygen and sulfur and have high cetane numbers. HEFA offers a number of benefits over FAME (Fatty Acid Methyl Esters), such as reduced NOx emission, better storage stability, and better cold flow properties. Hence HEFA can typically be used in all diesel engines. Also, the use as an aviation (bio jet) fuel has been approved.

HVO can be produced from a wide variety of materials containing triglycerides and fatty acids.Within this range of materials, HVO is flexible in its feedstock requirements allowing the use of a wide range of low quality waste and residue materials still leading to production of hydrocarbon drop-in products. The key additional feedstock needed is hydrogen which today comes from a fossil source.

This report studies the global Hydrotreated Vegetable Oil (HVO) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Hydrotreated Vegetable Oil (HVO), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hydrotreated Vegetable Oil (HVO) that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Hydrotreated Vegetable Oil (HVO) total production and demand, 2018-2029, (Kiloton)
Global Hydrotreated Vegetable Oil (HVO) total production value, 2018-2029, (USD Million)
Global Hydrotreated Vegetable Oil (HVO) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
Global Hydrotreated Vegetable Oil (HVO) consumption by region & country, CAGR, 2018-2029 & (Kiloton)
U.S. VS China: Hydrotreated Vegetable Oil (HVO) domestic production, consumption, key domestic manufacturers and share
Global Hydrotreated Vegetable Oil (HVO) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Kiloton)
Global Hydrotreated Vegetable Oil (HVO) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
Global Hydrotreated Vegetable Oil (HVO) production by Application production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
This reports profiles key players in the global Hydrotreated Vegetable Oil (HVO) market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Neste, Diamond Green Diesel, UPM Biofuels, REG, Emerald Biofuels, Eni, World Energy, Total and ConocoPhillips, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hydrotreated Vegetable Oil (HVO) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kiloton) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Hydrotreated Vegetable Oil (HVO) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Hydrotreated Vegetable Oil (HVO) Market, Segmentation by Type
Based on Ecofining Technology
Based on Co-Processing Technology
Other

Global Hydrotreated Vegetable Oil (HVO) Market, Segmentation by Application
Vehicle
Generator
Industrial Power System
Other

Companies Profiled:
Neste
Diamond Green Diesel
UPM Biofuels
REG
Emerald Biofuels
Eni
World Energy
Total
ConocoPhillips
Preem
Repsol
Cepsa
NextChem(Maire Tecnimont)
Axens
Colabitoil
Haldor Topsoe
Ryze Renewables
BP
PetroBras
Nippon Oil

Key Questions Answered
1. How big is the global Hydrotreated Vegetable Oil (HVO) market?
2. What is the demand of the global Hydrotreated Vegetable Oil (HVO) market?
3. What is the year over year growth of the global Hydrotreated Vegetable Oil (HVO) market?
4. What is the production and production value of the global Hydrotreated Vegetable Oil (HVO) market?
5. Who are the key producers in the global Hydrotreated Vegetable Oil (HVO) market?
6. What are the growth factors driving the market demand?
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Table of Contents

1 Supply Summary
1.1 Hydrotreated Vegetable Oil (HVO) Introduction
1.2 World Hydrotreated Vegetable Oil (HVO) Supply & Forecast
1.2.1 World Hydrotreated Vegetable Oil (HVO) Production Value (2018 & 2022 & 2029)
1.2.2 World Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.2.3 World Hydrotreated Vegetable Oil (HVO) Pricing Trends (2018-2029)
1.3 World Hydrotreated Vegetable Oil (HVO) Production by Region (Based on Production Site)
1.3.1 World Hydrotreated Vegetable Oil (HVO) Production Value by Region (2018-2029)
1.3.2 World Hydrotreated Vegetable Oil (HVO) Production by Region (2018-2029)
1.3.3 World Hydrotreated Vegetable Oil (HVO) Average Price by Region (2018-2029)
1.3.4 North America Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.3.5 Europe Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.3.6 China Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.3.7 Japan Hydrotreated Vegetable Oil (HVO) Production (2018-2029)
1.4 Market Drivers, Restraints and Trends
1.4.1 Hydrotreated Vegetable Oil (HVO) Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Hydrotreated Vegetable Oil (HVO) Major Market Trends
1.5 Influence of COVID-19 and Russia-Ukraine War
1.5.1 Influence of COVID-19
1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
2.1 World Hydrotreated Vegetable Oil (HVO) Demand (2018-2029)
2.2 World Hydrotreated Vegetable Oil (HVO) Consumption by Region
2.2.1 World Hydrotreated Vegetable Oil (HVO) Consumption by Region (2018-2023)
2.2.2 World Hydrotreated Vegetable Oil (HVO) Consumption Forecast by Region (2024-2029)
2.3 United States Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.4 China Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.5 Europe Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.6 Japan Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.7 South Korea Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.8 ASEAN Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)
2.9 India Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029)

3 World Hydrotreated Vegetable Oil (HVO) Manufacturers Competitive Analysis
3.1 World Hydrotreated Vegetable Oil (HVO) Production Value by Manufacturer (2018-2023)
3.2 World Hydrotreated Vegetable Oil (HVO) Production by Manufacturer (2018-2023)
3.3 World Hydrotreated Vegetable Oil (HVO) Average Price by Manufacturer (2018-2023)
3.4 Hydrotreated Vegetable Oil (HVO) Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Hydrotreated Vegetable Oil (HVO) Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Hydrotreated Vegetable Oil (HVO) in 2022
3.5.3 Global Concentration Ratios (CR8) for Hydrotreated Vegetable Oil (HVO) in 2022
3.6 Hydrotreated Vegetable Oil (HVO) Market: Overall Company Footprint Analysis
3.6.1 Hydrotreated Vegetable Oil (HVO) Market: Region Footprint
3.6.2 Hydrotreated Vegetable Oil (HVO) Market: Company Product Type Footprint
3.6.3 Hydrotreated Vegetable Oil (HVO) Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Value Comparison
4.1.1 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Value Comparison (2018 & 2022 & 2029)
4.1.2 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Value Market Share Comparison (2018 & 2022 & 2029)
4.2 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Comparison
4.2.1 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Comparison (2018 & 2022 & 2029)
4.2.2 United States VS China: Hydrotreated Vegetable Oil (HVO) Production Market Share Comparison (2018 & 2022 & 2029)
4.3 United States VS China: Hydrotreated Vegetable Oil (HVO) Consumption Comparison
4.3.1 United States VS China: Hydrotreated Vegetable Oil (HVO) Consumption Comparison (2018 & 2022 & 2029)
4.3.2 United States VS China: Hydrotreated Vegetable Oil (HVO) Consumption Market Share Comparison (2018 & 2022 & 2029)
4.4 United States Based Hydrotreated Vegetable Oil (HVO) Manufacturers and Market Share, 2018-2023
4.4.1 United States Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value (2018-2023)
4.4.3 United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023)
4.5 China Based Hydrotreated Vegetable Oil (HVO) Manufacturers and Market Share
4.5.1 China Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value (2018-2023)
4.5.3 China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023)
4.6 Rest of World Based Hydrotreated Vegetable Oil (HVO) Manufacturers and Market Share, 2018-2023
4.6.1 Rest of World Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value (2018-2023)
4.6.3 Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023)

5 Market Analysis by Type
5.1 World Hydrotreated Vegetable Oil (HVO) Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
5.2.1 Based on Ecofining Technology
5.2.2 Based on Co-Processing Technology
5.2.3 Other
5.3 Market Segment by Type
5.3.1 World Hydrotreated Vegetable Oil (HVO) Production by Type (2018-2029)
5.3.2 World Hydrotreated Vegetable Oil (HVO) Production Value by Type (2018-2029)
5.3.3 World Hydrotreated Vegetable Oil (HVO) Average Price by Type (2018-2029)

6 Market Analysis by Application
6.1 World Hydrotreated Vegetable Oil (HVO) Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
6.2.1 Vehicle
6.2.2 Generator
6.2.3 Industrial Power System
6.2.4 Other
6.3 Market Segment by Application
6.3.1 World Hydrotreated Vegetable Oil (HVO) Production by Application (2018-2029)
6.3.2 World Hydrotreated Vegetable Oil (HVO) Production Value by Application (2018-2029)
6.3.3 World Hydrotreated Vegetable Oil (HVO) Average Price by Application (2018-2029)

7 Company Profiles
7.1 Neste
7.1.1 Neste Details
7.1.2 Neste Major Business
7.1.3 Neste Hydrotreated Vegetable Oil (HVO) Product and Services
7.1.4 Neste Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.1.5 Neste Recent Developments/Updates
7.1.6 Neste Competitive Strengths & Weaknesses
7.2 Diamond Green Diesel
7.2.1 Diamond Green Diesel Details
7.2.2 Diamond Green Diesel Major Business
7.2.3 Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Product and Services
7.2.4 Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.2.5 Diamond Green Diesel Recent Developments/Updates
7.2.6 Diamond Green Diesel Competitive Strengths & Weaknesses
7.3 UPM Biofuels
7.3.1 UPM Biofuels Details
7.3.2 UPM Biofuels Major Business
7.3.3 UPM Biofuels Hydrotreated Vegetable Oil (HVO) Product and Services
7.3.4 UPM Biofuels Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.3.5 UPM Biofuels Recent Developments/Updates
7.3.6 UPM Biofuels Competitive Strengths & Weaknesses
7.4 REG
7.4.1 REG Details
7.4.2 REG Major Business
7.4.3 REG Hydrotreated Vegetable Oil (HVO) Product and Services
7.4.4 REG Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.4.5 REG Recent Developments/Updates
7.4.6 REG Competitive Strengths & Weaknesses
7.5 Emerald Biofuels
7.5.1 Emerald Biofuels Details
7.5.2 Emerald Biofuels Major Business
7.5.3 Emerald Biofuels Hydrotreated Vegetable Oil (HVO) Product and Services
7.5.4 Emerald Biofuels Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.5.5 Emerald Biofuels Recent Developments/Updates
7.5.6 Emerald Biofuels Competitive Strengths & Weaknesses
7.6 Eni
7.6.1 Eni Details
7.6.2 Eni Major Business
7.6.3 Eni Hydrotreated Vegetable Oil (HVO) Product and Services
7.6.4 Eni Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.6.5 Eni Recent Developments/Updates
7.6.6 Eni Competitive Strengths & Weaknesses
7.7 World Energy
7.7.1 World Energy Details
7.7.2 World Energy Major Business
7.7.3 World Energy Hydrotreated Vegetable Oil (HVO) Product and Services
7.7.4 World Energy Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.7.5 World Energy Recent Developments/Updates
7.7.6 World Energy Competitive Strengths & Weaknesses
7.8 Total
7.8.1 Total Details
7.8.2 Total Major Business
7.8.3 Total Hydrotreated Vegetable Oil (HVO) Product and Services
7.8.4 Total Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.8.5 Total Recent Developments/Updates
7.8.6 Total Competitive Strengths & Weaknesses
7.9 ConocoPhillips
7.9.1 ConocoPhillips Details
7.9.2 ConocoPhillips Major Business
7.9.3 ConocoPhillips Hydrotreated Vegetable Oil (HVO) Product and Services
7.9.4 ConocoPhillips Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.9.5 ConocoPhillips Recent Developments/Updates
7.9.6 ConocoPhillips Competitive Strengths & Weaknesses
7.10 Preem
7.10.1 Preem Details
7.10.2 Preem Major Business
7.10.3 Preem Hydrotreated Vegetable Oil (HVO) Product and Services
7.10.4 Preem Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.10.5 Preem Recent Developments/Updates
7.10.6 Preem Competitive Strengths & Weaknesses
7.11 Repsol
7.11.1 Repsol Details
7.11.2 Repsol Major Business
7.11.3 Repsol Hydrotreated Vegetable Oil (HVO) Product and Services
7.11.4 Repsol Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.11.5 Repsol Recent Developments/Updates
7.11.6 Repsol Competitive Strengths & Weaknesses
7.12 Cepsa
7.12.1 Cepsa Details
7.12.2 Cepsa Major Business
7.12.3 Cepsa Hydrotreated Vegetable Oil (HVO) Product and Services
7.12.4 Cepsa Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.12.5 Cepsa Recent Developments/Updates
7.12.6 Cepsa Competitive Strengths & Weaknesses
7.13 NextChem(Maire Tecnimont)
7.13.1 NextChem(Maire Tecnimont) Details
7.13.2 NextChem(Maire Tecnimont) Major Business
7.13.3 NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Product and Services
7.13.4 NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.13.5 NextChem(Maire Tecnimont) Recent Developments/Updates
7.13.6 NextChem(Maire Tecnimont) Competitive Strengths & Weaknesses
7.14 Axens
7.14.1 Axens Details
7.14.2 Axens Major Business
7.14.3 Axens Hydrotreated Vegetable Oil (HVO) Product and Services
7.14.4 Axens Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.14.5 Axens Recent Developments/Updates
7.14.6 Axens Competitive Strengths & Weaknesses
7.15 Colabitoil
7.15.1 Colabitoil Details
7.15.2 Colabitoil Major Business
7.15.3 Colabitoil Hydrotreated Vegetable Oil (HVO) Product and Services
7.15.4 Colabitoil Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.15.5 Colabitoil Recent Developments/Updates
7.15.6 Colabitoil Competitive Strengths & Weaknesses
7.16 Haldor Topsoe
7.16.1 Haldor Topsoe Details
7.16.2 Haldor Topsoe Major Business
7.16.3 Haldor Topsoe Hydrotreated Vegetable Oil (HVO) Product and Services
7.16.4 Haldor Topsoe Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.16.5 Haldor Topsoe Recent Developments/Updates
7.16.6 Haldor Topsoe Competitive Strengths & Weaknesses
7.17 Ryze Renewables
7.17.1 Ryze Renewables Details
7.17.2 Ryze Renewables Major Business
7.17.3 Ryze Renewables Hydrotreated Vegetable Oil (HVO) Product and Services
7.17.4 Ryze Renewables Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.17.5 Ryze Renewables Recent Developments/Updates
7.17.6 Ryze Renewables Competitive Strengths & Weaknesses
7.18 BP
7.18.1 BP Details
7.18.2 BP Major Business
7.18.3 BP Hydrotreated Vegetable Oil (HVO) Product and Services
7.18.4 BP Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.18.5 BP Recent Developments/Updates
7.18.6 BP Competitive Strengths & Weaknesses
7.19 PetroBras
7.19.1 PetroBras Details
7.19.2 PetroBras Major Business
7.19.3 PetroBras Hydrotreated Vegetable Oil (HVO) Product and Services
7.19.4 PetroBras Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.19.5 PetroBras Recent Developments/Updates
7.19.6 PetroBras Competitive Strengths & Weaknesses
7.20 Nippon Oil
7.20.1 Nippon Oil Details
7.20.2 Nippon Oil Major Business
7.20.3 Nippon Oil Hydrotreated Vegetable Oil (HVO) Product and Services
7.20.4 Nippon Oil Hydrotreated Vegetable Oil (HVO) Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.20.5 Nippon Oil Recent Developments/Updates
7.20.6 Nippon Oil Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Hydrotreated Vegetable Oil (HVO) Industry Chain
8.2 Hydrotreated Vegetable Oil (HVO) Upstream Analysis
8.2.1 Hydrotreated Vegetable Oil (HVO) Core Raw Materials
8.2.2 Main Manufacturers of Hydrotreated Vegetable Oil (HVO) Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Hydrotreated Vegetable Oil (HVO) Production Mode
8.6 Hydrotreated Vegetable Oil (HVO) Procurement Model
8.7 Hydrotreated Vegetable Oil (HVO) Industry Sales Model and Sales Channels
8.7.1 Hydrotreated Vegetable Oil (HVO) Sales Model
8.7.2 Hydrotreated Vegetable Oil (HVO) Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
btl

Table of Figures

List of Tables
Table 1. World Hydrotreated Vegetable Oil (HVO) Production Value by Region (2018, 2022 and 2029) & (USD Million)
Table 2. World Hydrotreated Vegetable Oil (HVO) Production Value by Region (2018-2023) & (USD Million)
Table 3. World Hydrotreated Vegetable Oil (HVO) Production Value by Region (2024-2029) & (USD Million)
Table 4. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Region (2018-2023)
Table 5. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Region (2024-2029)
Table 6. World Hydrotreated Vegetable Oil (HVO) Production by Region (2018-2023) & (Kiloton)
Table 7. World Hydrotreated Vegetable Oil (HVO) Production by Region (2024-2029) & (Kiloton)
Table 8. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Region (2018-2023)
Table 9. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Region (2024-2029)
Table 10. World Hydrotreated Vegetable Oil (HVO) Average Price by Region (2018-2023) & (US$/Ton)
Table 11. World Hydrotreated Vegetable Oil (HVO) Average Price by Region (2024-2029) & (US$/Ton)
Table 12. Hydrotreated Vegetable Oil (HVO) Major Market Trends
Table 13. World Hydrotreated Vegetable Oil (HVO) Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (Kiloton)
Table 14. World Hydrotreated Vegetable Oil (HVO) Consumption by Region (2018-2023) & (Kiloton)
Table 15. World Hydrotreated Vegetable Oil (HVO) Consumption Forecast by Region (2024-2029) & (Kiloton)
Table 16. World Hydrotreated Vegetable Oil (HVO) Production Value by Manufacturer (2018-2023) & (USD Million)
Table 17. Production Value Market Share of Key Hydrotreated Vegetable Oil (HVO) Producers in 2022
Table 18. World Hydrotreated Vegetable Oil (HVO) Production by Manufacturer (2018-2023) & (Kiloton)
Table 19. Production Market Share of Key Hydrotreated Vegetable Oil (HVO) Producers in 2022
Table 20. World Hydrotreated Vegetable Oil (HVO) Average Price by Manufacturer (2018-2023) & (US$/Ton)
Table 21. Global Hydrotreated Vegetable Oil (HVO) Company Evaluation Quadrant
Table 22. World Hydrotreated Vegetable Oil (HVO) Industry Rank of Major Manufacturers, Based on Production Value in 2022
Table 23. Head Office and Hydrotreated Vegetable Oil (HVO) Production Site of Key Manufacturer
Table 24. Hydrotreated Vegetable Oil (HVO) Market: Company Product Type Footprint
Table 25. Hydrotreated Vegetable Oil (HVO) Market: Company Product Application Footprint
Table 26. Hydrotreated Vegetable Oil (HVO) Competitive Factors
Table 27. Hydrotreated Vegetable Oil (HVO) New Entrant and Capacity Expansion Plans
Table 28. Hydrotreated Vegetable Oil (HVO) Mergers & Acquisitions Activity
Table 29. United States VS China Hydrotreated Vegetable Oil (HVO) Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 30. United States VS China Hydrotreated Vegetable Oil (HVO) Production Comparison, (2018 & 2022 & 2029) & (Kiloton)
Table 31. United States VS China Hydrotreated Vegetable Oil (HVO) Consumption Comparison, (2018 & 2022 & 2029) & (Kiloton)
Table 32. United States Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value, (2018-2023) & (USD Million)
Table 34. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value Market Share (2018-2023)
Table 35. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023) & (Kiloton)
Table 36. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share (2018-2023)
Table 37. China Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value, (2018-2023) & (USD Million)
Table 39. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value Market Share (2018-2023)
Table 40. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023) & (Kiloton)
Table 41. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share (2018-2023)
Table 42. Rest of World Based Hydrotreated Vegetable Oil (HVO) Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value, (2018-2023) & (USD Million)
Table 44. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Value Market Share (2018-2023)
Table 45. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production (2018-2023) & (Kiloton)
Table 46. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share (2018-2023)
Table 47. World Hydrotreated Vegetable Oil (HVO) Production Value by Type, (USD Million), 2018 & 2022 & 2029
Table 48. World Hydrotreated Vegetable Oil (HVO) Production by Type (2018-2023) & (Kiloton)
Table 49. World Hydrotreated Vegetable Oil (HVO) Production by Type (2024-2029) & (Kiloton)
Table 50. World Hydrotreated Vegetable Oil (HVO) Production Value by Type (2018-2023) & (USD Million)
Table 51. World Hydrotreated Vegetable Oil (HVO) Production Value by Type (2024-2029) & (USD Million)
Table 52. World Hydrotreated Vegetable Oil (HVO) Average Price by Type (2018-2023) & (US$/Ton)
Table 53. World Hydrotreated Vegetable Oil (HVO) Average Price by Type (2024-2029) & (US$/Ton)
Table 54. World Hydrotreated Vegetable Oil (HVO) Production Value by Application, (USD Million), 2018 & 2022 & 2029
Table 55. World Hydrotreated Vegetable Oil (HVO) Production by Application (2018-2023) & (Kiloton)
Table 56. World Hydrotreated Vegetable Oil (HVO) Production by Application (2024-2029) & (Kiloton)
Table 57. World Hydrotreated Vegetable Oil (HVO) Production Value by Application (2018-2023) & (USD Million)
Table 58. World Hydrotreated Vegetable Oil (HVO) Production Value by Application (2024-2029) & (USD Million)
Table 59. World Hydrotreated Vegetable Oil (HVO) Average Price by Application (2018-2023) & (US$/Ton)
Table 60. World Hydrotreated Vegetable Oil (HVO) Average Price by Application (2024-2029) & (US$/Ton)
Table 61. Neste Basic Information, Manufacturing Base and Competitors
Table 62. Neste Major Business
Table 63. Neste Hydrotreated Vegetable Oil (HVO) Product and Services
Table 64. Neste Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 65. Neste Recent Developments/Updates
Table 66. Neste Competitive Strengths & Weaknesses
Table 67. Diamond Green Diesel Basic Information, Manufacturing Base and Competitors
Table 68. Diamond Green Diesel Major Business
Table 69. Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Product and Services
Table 70. Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 71. Diamond Green Diesel Recent Developments/Updates
Table 72. Diamond Green Diesel Competitive Strengths & Weaknesses
Table 73. UPM Biofuels Basic Information, Manufacturing Base and Competitors
Table 74. UPM Biofuels Major Business
Table 75. UPM Biofuels Hydrotreated Vegetable Oil (HVO) Product and Services
Table 76. UPM Biofuels Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 77. UPM Biofuels Recent Developments/Updates
Table 78. UPM Biofuels Competitive Strengths & Weaknesses
Table 79. REG Basic Information, Manufacturing Base and Competitors
Table 80. REG Major Business
Table 81. REG Hydrotreated Vegetable Oil (HVO) Product and Services
Table 82. REG Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 83. REG Recent Developments/Updates
Table 84. REG Competitive Strengths & Weaknesses
Table 85. Emerald Biofuels Basic Information, Manufacturing Base and Competitors
Table 86. Emerald Biofuels Major Business
Table 87. Emerald Biofuels Hydrotreated Vegetable Oil (HVO) Product and Services
Table 88. Emerald Biofuels Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 89. Emerald Biofuels Recent Developments/Updates
Table 90. Emerald Biofuels Competitive Strengths & Weaknesses
Table 91. Eni Basic Information, Manufacturing Base and Competitors
Table 92. Eni Major Business
Table 93. Eni Hydrotreated Vegetable Oil (HVO) Product and Services
Table 94. Eni Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 95. Eni Recent Developments/Updates
Table 96. Eni Competitive Strengths & Weaknesses
Table 97. World Energy Basic Information, Manufacturing Base and Competitors
Table 98. World Energy Major Business
Table 99. World Energy Hydrotreated Vegetable Oil (HVO) Product and Services
Table 100. World Energy Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 101. World Energy Recent Developments/Updates
Table 102. World Energy Competitive Strengths & Weaknesses
Table 103. Total Basic Information, Manufacturing Base and Competitors
Table 104. Total Major Business
Table 105. Total Hydrotreated Vegetable Oil (HVO) Product and Services
Table 106. Total Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 107. Total Recent Developments/Updates
Table 108. Total Competitive Strengths & Weaknesses
Table 109. ConocoPhillips Basic Information, Manufacturing Base and Competitors
Table 110. ConocoPhillips Major Business
Table 111. ConocoPhillips Hydrotreated Vegetable Oil (HVO) Product and Services
Table 112. ConocoPhillips Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 113. ConocoPhillips Recent Developments/Updates
Table 114. ConocoPhillips Competitive Strengths & Weaknesses
Table 115. Preem Basic Information, Manufacturing Base and Competitors
Table 116. Preem Major Business
Table 117. Preem Hydrotreated Vegetable Oil (HVO) Product and Services
Table 118. Preem Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 119. Preem Recent Developments/Updates
Table 120. Preem Competitive Strengths & Weaknesses
Table 121. Repsol Basic Information, Manufacturing Base and Competitors
Table 122. Repsol Major Business
Table 123. Repsol Hydrotreated Vegetable Oil (HVO) Product and Services
Table 124. Repsol Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 125. Repsol Recent Developments/Updates
Table 126. Repsol Competitive Strengths & Weaknesses
Table 127. Cepsa Basic Information, Manufacturing Base and Competitors
Table 128. Cepsa Major Business
Table 129. Cepsa Hydrotreated Vegetable Oil (HVO) Product and Services
Table 130. Cepsa Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 131. Cepsa Recent Developments/Updates
Table 132. Cepsa Competitive Strengths & Weaknesses
Table 133. NextChem(Maire Tecnimont) Basic Information, Manufacturing Base and Competitors
Table 134. NextChem(Maire Tecnimont) Major Business
Table 135. NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Product and Services
Table 136. NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 137. NextChem(Maire Tecnimont) Recent Developments/Updates
Table 138. NextChem(Maire Tecnimont) Competitive Strengths & Weaknesses
Table 139. Axens Basic Information, Manufacturing Base and Competitors
Table 140. Axens Major Business
Table 141. Axens Hydrotreated Vegetable Oil (HVO) Product and Services
Table 142. Axens Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 143. Axens Recent Developments/Updates
Table 144. Axens Competitive Strengths & Weaknesses
Table 145. Colabitoil Basic Information, Manufacturing Base and Competitors
Table 146. Colabitoil Major Business
Table 147. Colabitoil Hydrotreated Vegetable Oil (HVO) Product and Services
Table 148. Colabitoil Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 149. Colabitoil Recent Developments/Updates
Table 150. Colabitoil Competitive Strengths & Weaknesses
Table 151. Haldor Topsoe Basic Information, Manufacturing Base and Competitors
Table 152. Haldor Topsoe Major Business
Table 153. Haldor Topsoe Hydrotreated Vegetable Oil (HVO) Product and Services
Table 154. Haldor Topsoe Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 155. Haldor Topsoe Recent Developments/Updates
Table 156. Haldor Topsoe Competitive Strengths & Weaknesses
Table 157. Ryze Renewables Basic Information, Manufacturing Base and Competitors
Table 158. Ryze Renewables Major Business
Table 159. Ryze Renewables Hydrotreated Vegetable Oil (HVO) Product and Services
Table 160. Ryze Renewables Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 161. Ryze Renewables Recent Developments/Updates
Table 162. Ryze Renewables Competitive Strengths & Weaknesses
Table 163. BP Basic Information, Manufacturing Base and Competitors
Table 164. BP Major Business
Table 165. BP Hydrotreated Vegetable Oil (HVO) Product and Services
Table 166. BP Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 167. BP Recent Developments/Updates
Table 168. BP Competitive Strengths & Weaknesses
Table 169. PetroBras Basic Information, Manufacturing Base and Competitors
Table 170. PetroBras Major Business
Table 171. PetroBras Hydrotreated Vegetable Oil (HVO) Product and Services
Table 172. PetroBras Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 173. PetroBras Recent Developments/Updates
Table 174. Nippon Oil Basic Information, Manufacturing Base and Competitors
Table 175. Nippon Oil Major Business
Table 176. Nippon Oil Hydrotreated Vegetable Oil (HVO) Product and Services
Table 177. Nippon Oil Hydrotreated Vegetable Oil (HVO) Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
Table 178. Global Key Players of Hydrotreated Vegetable Oil (HVO) Upstream (Raw Materials)
Table 179. Hydrotreated Vegetable Oil (HVO) Typical Customers
Table 180. Hydrotreated Vegetable Oil (HVO) Typical Distributors
List of Figure
Figure 1. Hydrotreated Vegetable Oil (HVO) Picture
Figure 2. World Hydrotreated Vegetable Oil (HVO) Production Value: 2018 & 2022 & 2029, (USD Million)
Figure 3. World Hydrotreated Vegetable Oil (HVO) Production Value and Forecast (2018-2029) & (USD Million)
Figure 4. World Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 5. World Hydrotreated Vegetable Oil (HVO) Average Price (2018-2029) & (US$/Ton)
Figure 6. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Region (2018-2029)
Figure 7. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Region (2018-2029)
Figure 8. North America Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 9. Europe Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 10. China Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 11. Japan Hydrotreated Vegetable Oil (HVO) Production (2018-2029) & (Kiloton)
Figure 12. Hydrotreated Vegetable Oil (HVO) Market Drivers
Figure 13. Factors Affecting Demand
Figure 14. World Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 15. World Hydrotreated Vegetable Oil (HVO) Consumption Market Share by Region (2018-2029)
Figure 16. United States Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 17. China Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 18. Europe Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 19. Japan Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 20. South Korea Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 21. ASEAN Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 22. India Hydrotreated Vegetable Oil (HVO) Consumption (2018-2029) & (Kiloton)
Figure 23. Producer Shipments of Hydrotreated Vegetable Oil (HVO) by Manufacturer Revenue ($MM) and Market Share (%): 2022
Figure 24. Global Four-firm Concentration Ratios (CR4) for Hydrotreated Vegetable Oil (HVO) Markets in 2022
Figure 25. Global Four-firm Concentration Ratios (CR8) for Hydrotreated Vegetable Oil (HVO) Markets in 2022
Figure 26. United States VS China: Hydrotreated Vegetable Oil (HVO) Production Value Market Share Comparison (2018 & 2022 & 2029)
Figure 27. United States VS China: Hydrotreated Vegetable Oil (HVO) Production Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: Hydrotreated Vegetable Oil (HVO) Consumption Market Share Comparison (2018 & 2022 & 2029)
Figure 29. United States Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share 2022
Figure 30. China Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share 2022
Figure 31. Rest of World Based Manufacturers Hydrotreated Vegetable Oil (HVO) Production Market Share 2022
Figure 32. World Hydrotreated Vegetable Oil (HVO) Production Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 33. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Type in 2022
Figure 34. Based on Ecofining Technology
Figure 35. Based on Co-Processing Technology
Figure 36. Other
Figure 37. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Type (2018-2029)
Figure 38. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Type (2018-2029)
Figure 39. World Hydrotreated Vegetable Oil (HVO) Average Price by Type (2018-2029) & (US$/Ton)
Figure 40. World Hydrotreated Vegetable Oil (HVO) Production Value by Application, (USD Million), 2018 & 2022 & 2029
Figure 41. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Application in 2022
Figure 42. Vehicle
Figure 43. Generator
Figure 44. Industrial Power System
Figure 45. Other
Figure 46. World Hydrotreated Vegetable Oil (HVO) Production Market Share by Application (2018-2029)
Figure 47. World Hydrotreated Vegetable Oil (HVO) Production Value Market Share by Application (2018-2029)
Figure 48. World Hydrotreated Vegetable Oil (HVO) Average Price by Application (2018-2029) & (US$/Ton)
Figure 49. Hydrotreated Vegetable Oil (HVO) Industry Chain
Figure 50. Hydrotreated Vegetable Oil (HVO) Procurement Model
Figure 51. Hydrotreated Vegetable Oil (HVO) Sales Model
Figure 52. Hydrotreated Vegetable Oil (HVO) Sales Channels, Direct Sales, and Distribution
Figure 53. Methodology
Figure 54. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Related Reports

Global Hydrotreated Vegetable Oil (HVO) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029 xian22
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Global Hydrotreated Vegetable Oil (HVO) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

industry 03 Jan 2023

industry Chemical & Material

Hydrotreated Vegetable Oils (HVO) commonly referred to as renewable diesel and Hydroprocessed Esters and Fatty Acids (HEFA) are produced via hydroprocessing of oils and fats. Hydroprocessing is an alternative process to esterification to produce diesel from biomass.HVO/HEFA are straight chain paraffinic hydrocarbons that are free of aromatics, oxygen and sulfur and have high cetane numbers. HEFA offers a number of benefits over FAME (Fatty Acid Methyl Esters), such as reduced NOx emission, better storage stability, and better cold flow properties. Hence HEFA can typically be used in all diesel engines. Also, the use as an aviation (bio jet) fuel has been approved.

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