Renewable Diesel Industry Report 2026-2035: A $38.85 Billion Market By 2030 With Neste, Valero Energy, Marathon Petroleum, Chevron, Phillips 66, BP, And Shell Leading

(MENAFN- GlobeNewsWire - Nasdaq) Key market opportunities for renewable diesel include rising demand for sustainable fuels due to stricter emission regulations, expansion in aviation and marine sectors, increased feedstock availability, and strategic partnerships in high-demand areas. The Asia-Pacific region is poised for rapid growth, and innovative low-GHG fuels are gaining traction.

Dublin, Feb. 26, 2026 (GLOBE NEWSWIRE) -- The "Renewable Diesel Market Report 2026" has been added to ResearchAndMarkets's offering.

The renewable diesel market has witnessed significant growth, expanding robustly in recent years, and this trend is projected to continue. The market size, which stood at $24.51 billion in 2025, is anticipated to rise to $26.88 billion in 2026, with a compound annual growth rate (CAGR) of 9.7%. The historical growth is attributed to government biofuel mandates, fossil fuel price volatility, advancements in hydrotreating technology, increased demand for cleaner fuels, and early adoption by fleet operators. Looking ahead, the market is expected to reach $38.85 billion by 2030, with a CAGR of 9.6%, driven by stringent emission regulations, the expansion of aviation and marine fuel use, and increased feedstock availability.

Sustainable fuels, characterized by low carbon emissions, are increasingly in demand, propelling the renewable diesel market forward. Business pressures to reduce emissions and meet climate goals further support this trend, as renewable diesel offers a direct, low-emission alternative to conventional options without requiring infrastructure changes. For instance, the UK Department for Transport reported a rise in renewable fuel use from 6.8% in 2022 to 7.5% in 2023, equating to 3.7 billion liters of renewable fuel supplied, underscoring a growing trend towards sustainability in fuel consumption.

Leading industry players are focusing on developing low-GHG emission fuels to minimize environmental impact. Highlighting this move, ExxonMobil Hong Kong launched Esso Renewable Diesel R20 in August 2024, which includes at least 20% renewable content and boasts approximately 15.4% lower lifecycle greenhouse gas emissions compared to standard diesel. This launch demonstrates ExxonMobil's commitment to low-emission fuel solutions.

Moreover, in November 2023, Neste Corporation partnered with Hightowers Petroleum to distribute renewable diesel in the U.S. Midwest, expanding the availability of lower-emission fuels. This partnership aims to enhance Neste's market presence while helping businesses in the region achieve emissions reductions.

Neste Oyj, Valero Energy Corporation, Marathon Petroleum Corporation, Chevron Corporation, and other major corporations dominate the renewable diesel industry. The largest region for this market in 2025 was North America, but Asia-Pacific is projected to be the fastest-growing region during the forecast period. Key markets include regions such as Asia-Pacific, Western and Eastern Europe, North and South America, the Middle East, and Africa, encompassing countries such as the USA, Canada, Germany, and China.

The scope of the renewable diesel market extends beyond biofuels to include biochar, green hydrogen, and renewable lubricants. The financial valuation in this sector reflects the 'factory gate' value of goods, emphasizing direct revenues from manufacturers, excluding any resale revenues along the supply chain. Revenue calculations account for sales, grants, or donations within specific geographies, detailing a comprehensive financial landscape for stakeholders and investors.

Key Attributes:

Report Attribute	Details
No. of Pages	250
Forecast Period	2026 - 2030
Estimated Market Value (USD) in 2026	$26.88 Billion
Forecasted Market Value (USD) by 2030	$38.85 Billion
Compound Annual Growth Rate	9.6%
Regions Covered	Global

Key Topics Covered:
1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Renewable Diesel Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Renewable Diesel Market Attractiveness Scoring and Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment and Risk Profile Evaluation
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Renewable Diesel Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List of Key Raw Materials, Resources & Suppliers
3.3. List of Major Distributors and Channel Partners
3.4. List of Major End Users
4. Global Renewable Diesel Market Trends and Strategies
4.1. Key Technologies & Future Trends
4.1.1 Sustainability, Climate Tech & Circular Economy
4.1.2 Electric Mobility & Transportation Electrification
4.1.3 Industry 4.0 & Intelligent Manufacturing
4.1.4 Digitalization, Cloud, Big Data & Cybersecurity
4.1.5 Autonomous Systems, Robotics & Smart Mobility
4.2. Major Trends
4.2.1 Rising Adoption of Low Carbon Fuels
4.2.2 Expansion of Drop in Diesel Alternatives
4.2.3 Growing Use in Heavy Duty Transport
4.2.4 Increased Investment in Bio Refineries
4.2.5 Focus on Waste Based Feedstocks
5. Renewable Diesel Market Analysis of End Use Industries
5.1 Automotive Fleet Operators
5.2 Marine Transport Companies
5.3 Airline Fuel Suppliers
5.4 Power Generation Utilities
5.5 Logistics Service Providers
6. Renewable Diesel Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, and Covid and Recovery on the Market
7. Global Renewable Diesel Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
7.1. Global Renewable Diesel PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Renewable Diesel Market Size, Comparisons and Growth Rate Analysis
7.3. Global Renewable Diesel Historic Market Size and Growth, 2020-2025, Value ($ Billion)
7.4. Global Renewable Diesel Forecast Market Size and Growth, 2025-2030, 2035F, Value ($ Billion)
8. Global Renewable Diesel Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Renewable Diesel Market Segmentation
9.1. Global Renewable Diesel Market, Segmentation by Feedstock, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Soybean Oil, Palm Oil, Animal Fats, Vegetable Oils, Used Cooking Oil
9.2. Global Renewable Diesel Market, Segmentation by Production Process, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Hydrotreating, Fischer-Tropsch (FT) Process, Pyrolysis, Other Production Processes
9.3. Global Renewable Diesel Market, Segmentation by Distribution Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Direct Sales, Distributors
9.4. Global Renewable Diesel Market, Segmentation by End-Use, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Automotive, Marine, Power Generation, Other End-Uses
9.5. Global Renewable Diesel Market, Sub-Segmentation of Soybean Oil, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Conventional Soybean Oil, Organic Soybean Oil, Non-GMO Soybean Oil
9.6. Global Renewable Diesel Market, Sub-Segmentation of Palm Oil, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Crude Palm Oil (CPO), Palm Fatty Acid Distillate (PFAD), Refined Palm Oil
9.7. Global Renewable Diesel Market, Sub-Segmentation of Animal Fats, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Beef Tallow, Other Rendered Animal Fats, Pork Lard, Poultry Fat
9.8. Global Renewable Diesel Market, Sub-Segmentation of Vegetable Oils, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Rapeseed Oil, Cottonseed Oil, Sunflower Oil, Corn Oil, Canola Oil
9.9. Global Renewable Diesel Market, Sub-Segmentation of Used Cooking Oil, by Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Restaurant Waste Cooking Oil, Industrial Used Cooking Oil
10. Renewable Diesel Market Regional and Country Analysis
10.1. Global Renewable Diesel Market, Split by Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Renewable Diesel Market, Split by Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Companies Featured

• Neste Oyj
• Valero Energy Corporation
• Marathon Petroleum Corporation
• Chevron Corporation
• Phillips 66
• BP p.l.c.
• Shell plc
• TotalEnergies SE
• Eni S.p.A.
• Repsol S.A.
• Exxon Mobil Corporation
• PBF Energy Inc.
• Calumet Inc.
• Par Pacific Holdings Inc.
• Preem AB
• UPM-Kymmene Corporation
• Petrobras
• Ampol Limited
• OMV AG
• Saras S.p.A.
• CEPSA
• HF Sinclair Corporation

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• Renewable Diesel Market

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