디젤 연료 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the diesel as fuel market size was valued at USD 253.29 billion in 2025 and is estimated to grow from USD 263.19 billion in 2026 to reach USD 310.03 billion by 2031, at a CAGR of 3.33% during the forecast period (2026-2031).

This report is Segmented by Grade (Ultra-Low Sulfur Diesel, Low-Sulfur Diesel, High-Sulfur Diesel, Biodiesel Blends, and Synthetic Diesel), Application (Transportation, Marine, Industrial and Construction, Agriculture, and Power Generation), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

Global Diesel As Fuel Market Trends and Insights

Rapid Truck & Bus Fleet Growth in Emerging Asia

Commercial vehicle registrations in India, Indonesia, and Vietnam climbed 11% in 2025, outstripping GDP growth as e-commerce and cold-chain logistics widen beyond metro hubs. India's Bharatmala highway program added 4,200 km of expressways, encouraging operators to deploy heavier trucks that consume 18% more fuel per ton-kilometer. ASEAN delays in adopting Euro-V emission norms keep diesel engines dominant for buses, effectively locking in demand through at least 2029. China's Belt and Road corridors channel diesel-powered freight into Central Asia, where sparse charging infrastructure preserves a 30% cost edge over liquefied natural gas. Together, these factors lift regional demand and provide a structural tailwind for the diesel fuel market.

Surging Demand for Backup Power in Data-Center Buildouts

Hyperscalers commissioned 18 GW of data-center capacity in 2025, and each megawatt requires roughly 1.2 million L of on-site diesel storage to guarantee 99.999% uptime. Amazon Web Services and Microsoft Azure now specify ULSD with cetane above 50 to limit particulate emissions during generator tests, raising procurement standards industry-wide. Where grids remain unreliable, such as in India and parts of sub-Saharan Africa, gensets run continuously, driving per-facility use above 8 million L annually. The International Energy Agency forecasts 9.2% annual diesel demand growth from data-center backup through 2028, reinforcing the diesel fuel market's resilience despite broader decarbonization policies.

Rapid Electrification of City Bus Fleets

Shenzhen converted its 16,000-bus fleet to battery-electric in 2024, displacing 345 million L of diesel annually and setting a standard replicated by other tier-1 cities. London ordered 500 electric double-deckers in 2025 as part of a diesel phase-out by 2030. Electric buses captured 28% of 2025 global urban procurements, up from 12% in 2022, driven by battery costs below USD 100/kWh and dense charging networks. Intercity and rural routes remain diesel-reliant due to range limits, creating a split that compresses urban demand yet sustains growth in peri-urban segments, with mixed implications for the diesel fuel market.

Other drivers and restraints analyzed in the detailed report include:

1. Post-Pandemic Rebound in Global Marine Freight Ton-Miles
2. Government-Mandated ULSD Adoption
3. Stringent Carbon-Pricing Schemes in OECD Economies

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

ULSD below 15 ppm sulfur captured 67.5% of 2025 demand as regulators converged on tighter emission standards. Low-sulfur diesel in the 15-500 ppm tier lingers in markets with under-invested refinery assets, while high-sulfur grades shrink to a sub-3% niche by 2028. Biodiesel blends from B5 to B20 are advancing 7.5% annually on the back of Brazil's B15 mandate, EU renewable quotas, and U.S. state tax incentives. The diesel fuel market size for biodiesel blends is projected to reach USD 72 billion by 2031, expanding its footprint alongside conventional ULSD. Synthetic diesel remains pilot-scale, yet USD 1.2 billion in 2025 venture funding signals a pathway to commercialization.

Premium pricing on ULSD offsets USD 2-3/bbl hydrotreating costs, rewarding refiners with deep desulfurization capacity. Blending of fatty-acid methyl esters drives demand for high-cetane base stocks that maintain oxidative stability, providing a margin uplift for hydrocracking-equipped plants. Synthetic diesel's 85% lower life-cycle emissions position it as a compliance lever for fleets under carbon-intensity caps, though USD 1.80/L production costs presently confine uptake to high-value niches. Collectively, grade shifts illustrate how environmental mandates are reshaping value pools within the diesel fuel market.

Complete Report Scope:

• By Grade
  • Ultra-Low Sulfur Diesel (Less than 15 ppm)
  • Low-Sulfur Diesel (15 to 500 ppm)
  • High-Sulfur Diesel (Over 500 ppm)
  • Biodiesel Blends (B5 to B20)
  • Synthetic Diesel
• By Application
  • Transportation
  • Marine
  • Industrial and Construction
  • Agriculture
  • Power Generation
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • NORDIC Countries
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN Countries
    • Australia and New Zealand
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • Egypt
    • Rest of Middle East and Africa

Geography Analysis

Asia-Pacific accounted for 42.1% of 2025 global consumption and is set to grow 3.9% annually through 2031. India's highway expansion and Dedicated Freight Corridor projects channel diesel trucks into underserved regions, while local refiners added 12% ULSD capacity to align with Bharat Stage VI norms. China's tier-1 cities watch demand slide as electric buses proliferate, yet intercity freight remains diesel-intensive due to sparse charging infrastructure. ASEAN economies, notably Indonesia and Vietnam, sustain growth because Euro-III engines remain legal, and e-commerce fuels fleet additions. Australia's mining sector anchors high-cetane diesel demand, preserving volume despite broader regional decarbonization pressures.

Europe experiences a 1.8% annual contraction as carbon pricing, low-emission zones, and fleet electrification shrink passenger-vehicle consumption. Germany, France, and the U.K. lead the decline, though heavy-duty trucking and marine bunker fuel stabilize aggregate demand. EU Renewable Energy Directive III boosts biodiesel and synthetic diesel uptake, with Germany and the Netherlands hosting most pilot plants. North America grows 2.1% on robust freight along the U.S.-Mexico-Canada corridor and escalating data-center backup needs. East Coast refinery closures tightened distillate stocks in 2025, prompting record imports and underscoring supply-chain exposure.

South America and the Middle East emerge as growth pockets. Brazil's B15 mandate and mechanized farming push volumes upward, while Argentina's Vaca Muerta shale boom lifts diesel for drilling operations. Saudi Arabia and the UAE increase ULSD capacity to satisfy domestic demand and export to Africa and South Asia, leveraging feedstock cost advantages. Sub-Saharan Africa remains a frontier, with diesel powering generators, irrigation, and mining, yet infrastructure gaps temper expansion. South Africa's transition to Euro-V standards raises quality benchmarks, but uneven enforcement outside major cities limits full compliance.

1. Exxon Mobil
2. Chevron
3. Shell
4. BP
5. TotalEnergies
6. Saudi Aramco
7. Sinopec
8. PetroChina
9. Rosneft
10. Lukoil
11. ENI
12. Petrobras
13. Kuwait Petroleum
14. QatarEnergy
15. Indian Oil Corp
16. Bharat Petroleum
17. Reliance Industries
18. Valero Energy
19. Marathon Petroleum
20. SK Energy

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid truck & bus fleet growth in emerging Asia
  • 4.2.2 Surging demand for backup power in data-center buildouts
  • 4.2.3 Post-pandemic rebound in global marine freight ton-miles
  • 4.2.4 Government-mandated ultra-low-sulfur diesel (ULSD) adoption
  • 4.2.5 Rise of synthetic e-diesel pilots in Europe
  • 4.2.6 Mining sector's shift from coal to high-cetane diesel blends
• 4.3 Market Restraints
  • 4.3.1 Rapid electrification of city bus fleets
  • 4.3.2 Stringent carbon-pricing schemes in OECD economies
  • 4.3.3 AI-optimised route planning cutting long-haul diesel usage
  • 4.3.4 Growing investor divestment from fossil-fuel refining
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitute Products
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Grade
  • 5.1.1 Ultra-Low Sulfur Diesel (Less than 15 ppm)
  • 5.1.2 Low-Sulfur Diesel (15 to 500 ppm)
  • 5.1.3 High-Sulfur Diesel (Over 500 ppm)
  • 5.1.4 Biodiesel Blends (B5 to B20)
  • 5.1.5 Synthetic Diesel
• 5.2 By Application
  • 5.2.1 Transportation
  • 5.2.2 Marine
  • 5.2.3 Industrial and Construction
  • 5.2.4 Agriculture
  • 5.2.5 Power Generation
• 5.3 By Geography
  • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
  • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 NORDIC Countries
    • 5.3.2.6 Russia
    • 5.3.2.7 Rest of Europe
  • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 South Korea
    • 5.3.3.5 ASEAN Countries
    • 5.3.3.6 Australia and New Zealand
    • 5.3.3.7 Rest of Asia-Pacific
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Colombia
    • 5.3.4.4 Rest of South America
  • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 South Africa
    • 5.3.5.4 Egypt
    • 5.3.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 Exxon Mobil
  • 6.4.2 Chevron
  • 6.4.3 Shell
  • 6.4.4 BP
  • 6.4.5 TotalEnergies
  • 6.4.6 Saudi Aramco
  • 6.4.7 Sinopec
  • 6.4.8 PetroChina
  • 6.4.9 Rosneft
  • 6.4.10 Lukoil
  • 6.4.11 ENI
  • 6.4.12 Petrobras
  • 6.4.13 Kuwait Petroleum
  • 6.4.14 QatarEnergy
  • 6.4.15 Indian Oil Corp
  • 6.4.16 Bharat Petroleum
  • 6.4.17 Reliance Industries
  • 6.4.18 Valero Energy
  • 6.4.19 Marathon Petroleum
  • 6.4.20 SK Energy

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment