수소화 처리 식물성 오일 시장 규모, 점유율, 성장 분석 : 원료별, 용도별, 최종사용자별, 지역별 - 업계 예측(2026-2033년)

Global Hydrotreated Vegetable Oil Market size was valued at USD 3.06 Billion in 2024 and is poised to grow from USD 3.9 Billion in 2025 to USD 27.25 Billion by 2033, growing at a CAGR of 27.5% during the forecast period (2026-2033).

The global decarbonization movement is significantly shaping the energy and transportation sectors, enhancing the demand for low-emission fuels like hydrotreated vegetable oil (HVO). Stringent environmental regulations incentivize fleet operators and fuel distributors to transition from traditional diesel to HVO, which aligns with existing engine technology while reducing greenhouse gas emissions. Consequently, manufacturers are urged to increase production capabilities, invest in innovative hydrogenation methods, and identify new feedstock sources, which boosts the HVO market's prospects. The availability of quality vegetable oils-such as rapeseed, soybean, and palm oil-remains critical for stable production and cost management. Variability in feedstock supply can impact production continuity and pricing, with regions rich in sustainable resources experiencing quicker HVO adoption compared to those facing supply challenges, thus affecting overall market dynamics.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Hydrotreated Vegetable Oil market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Hydrotreated Vegetable Oil Market Segments Analysis

Global Hydrotreated Vegetable Oil Market is segmented by Feedstock, Application, End User and region. Based on Feedstock, the market is segmented into Rapeseed Oil, Soybean Oil,, Palm Oil, Sunflower Oil and Other Feedstocks. Based on Application, the market is segmented into Transportation Fuel, Aviation Fuel, Industrial Applications, Residential Heating and Power Generation. Based on End User, the market is segmented into Automotive Industry, Aviation Industry, Industrial Sector, Residential Consumers and Energy Producers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Hydrotreated Vegetable Oil Market

The expansion of the global hydrotreated vegetable oil market is primarily fueled by the increasing implementation of stringent emissions regulations and the push for renewable fuel initiatives. Governments worldwide are advocating for low-carbon fuel solutions to combat greenhouse gas emissions, resulting in heightened demand for renewable diesel alternatives. This shift towards sustainability prompts various industries and transportation sectors to embrace hydrotreated vegetable oil as a viable, eco-friendly option that meets compliance standards. Consequently, there is a growing recognition of the benefits of hydrotreated vegetable oil, driving its adoption as an effective clean-burning fuel alternative.

Restraints in the Global Hydrotreated Vegetable Oil Market

The growth of the hydrotreated vegetable oil market faces significant challenges due to insufficient infrastructure for renewable diesel distribution. In numerous areas, a dependence on traditional fuel systems hampers the seamless integration of hydrotreated vegetable oil. The absence of dedicated pipelines, storage solutions, and adequate refueling stations limits the potential for large-scale implementation in sectors such as transportation and power generation. This infrastructural gap not only hinders accessibility and availability but also diminishes the attractiveness of hydrotreated vegetable oil as a viable alternative to conventional fuels, thereby inhibiting its overall market expansion.

Market Trends of the Global Hydrotreated Vegetable Oil Market

The global hydrotreated vegetable oil market is experiencing a significant upward trend, driven by the increasing shift toward low-carbon transportation fuels across various sectors. This growth is primarily fueled by the rising demand for renewable diesel, utilized in trucks, buses, and marine vessels, as stakeholders seek to comply with stringent environmental regulations and carbon-reduction initiatives. Enhanced government incentives play a crucial role in facilitating this transition, promoting hydrotreated vegetable oil as a viable and sustainable alternative to traditional fossil fuels. As industries prioritize sustainability and reduce greenhouse gas emissions, hydrotreated vegetable oil is poised to become a cornerstone in the pursuit of cleaner energy solutions.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Hydrotreated Vegetable Oil Market Size by Feedstock & CAGR (2026-2033)

• Market Overview
• Rapeseed Oil
• Soybean Oil,
• Palm Oil
• Sunflower Oil
• Other Feedstocks

Global Hydrotreated Vegetable Oil Market Size by Application & CAGR (2026-2033)

• Market Overview
• Transportation Fuel
• Aviation Fuel
• Industrial Applications
• Residential Heating
• Power Generation

Global Hydrotreated Vegetable Oil Market Size by End User & CAGR (2026-2033)

• Market Overview
• Automotive Industry
• Aviation Industry
• Industrial Sector
• Residential Consumers
• Energy Producers

Global Hydrotreated Vegetable Oil Market Size & CAGR (2026-2033)

• North America (Feedstock, Application, End User)
  • US
  • Canada
• Europe (Feedstock, Application, End User)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Feedstock, Application, End User)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Feedstock, Application, End User)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Feedstock, Application, End User)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Neste (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TotalEnergies (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eni S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BP (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chevron Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ExxonMobil (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Phillips 66 (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Marathon Petroleum Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Valero Energy Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Repsol S.A. (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Preem AB (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• UPM-Kymmene Corporation (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shell plc (United Kingdom/Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cepsa (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Petrobras (Brazil)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations