Summary

Diesel Fuel Market Growth & Trends

The global diesel fuel market size is expected to reach USD 306.02 billion by 2030, according to a new study by Grand View Research, Inc. The market is projected to grow at a CAGR of 3.96% from 2023 to 2030. Diesel fuel has several advantages, including lower maintenance, increased torque, fewer taxes, and improved fuel economy. The growing technological advancements globally are expected to boost the market growth. The increased energy demand for transportation, manufacturing, and power generation owing to the fast industrialization, urbanization, and substantial economic growth, is boosting the market growth.

Diesel fuel is in high demand across various industries including auto and transportation sectors. Factors such as the price of fuel, advancements in vehicle technology, regulatory laws, and local demographics are driving market fluctuations. Moreover, diesel fuel is commonly utilized to power heavy machinery, generators, and other equipment in the construction and industrial sectors. Mining operations and energy production backup power sources both require diesel engines. Demand for diesel fuel is influenced by the expansion of mining operations and the requirement for dependable power generation.

The rising population is boosting the demand for goods and public transportation, thus propelling the usage of diesel fuels over the past years. However, the demand for alternative fuels and growing environmental concerns have fueled rivalry among manufacturers of renewable diesel and biodiesel. Due to the nitrogen oxide (NOx) and particulate matter (PM) emissions from diesel engines, they are linked to air pollution. The rising popularity of sustainable alternative fuels, electric vehicles (EVs), and hybrid technology are expected to pose a threat to the market growth of diesel fuel.

Diesel Fuel Market Report Highlights

• North America dominated the overall market in terms of revenue over the forecast period. The growth is mostly driven by an increase in the American army's vehicle capacity. In addition, the sale of other automobiles is growing quickly in this area. These factors are likely to contribute to the growth of the regional market

• Based on application, the commercial vehicles segment dominated the market in 2022 with the largest revenue share above 61.0%, which is attributed to the widespread use of commercial vehicles in the transportation of goods and commodities. Their long-haul nature necessitates the energy density and efficiency of diesel fuel, making it suitable for its uses

• Based on end-user, the transportation industry segment dominated the market with a revenue share of 44.0%. Due to its energy density and range, diesel fuel is preferred in long-distance and freight transportation. Diesel engines provide the strength and efficiency necessary for trucks to deliver cargo across long distances.

• In May 2023, Petrobras, Brazil's state oil corporation, approved a revamped fuel pricing strategy that would result in significant cost savings for drivers. According to the recently agreed approach, gasoline and diesel costs will fall significantly, by approximately 13%

ページTOPに戻る

Table of Contents

Table of Contents

Chapter 1. Methodology and Scope
1.1. Information Procurement
1.1.1. Purchased Database
1.1.2. GVR’s Internal Database
1.1.3. Secondary Sources & Third-Party Perspectives
1.1.4. Primary Research
1.2. Information Analysis & Data Analysis Models
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Insights
2.2. Market Outlook
2.3. Segmental Outlook
2.4. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.2.1. Raw Material Trends
3.3. Capacity Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.6. Business Environment Analysis: Diesel Fuel Market
3.6.1. Industry Analysis - Porter’s Five Force Analysis
3.6.1.1. Bargaining Power of Suppliers
3.6.1.2. Bargaining Power of Buyers
3.6.1.3. Competitive Rivalry
3.6.1.4. Threat of Substitutes
3.6.1.5. Threat of New Entrants
3.6.2. PESTEL Analysis
3.6.2.1. Political Analysis
3.6.2.2. Economic Analysis
3.6.2.3. Social Analysis
3.6.2.4. Capacity Analysis
3.6.2.5. Environment Analysis
3.6.2.6. Legal Analysis
3.7. Impact of Covid-19 on Diesel Fuel Market
3.8. Eastern European Geopolitical Implication Overview
Chapter 4. Diesel Fuel Market: Application Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Application Movement & Market Share Analysis, 2022 & 2030
4.2.1. Passenger Vehicles
4.2.1.1. Diesel Fuel Market Estimates and Forecasts, in passenger vehicles, 2018 - 2030 (Million Liters) (USD Billion)
4.2.2. Commercial Vehicles
4.2.2.1. Diesel Fuel Market Estimates and Forecasts, in commercial vehicles, 2018 - 2030 (Million Liters) (USD Billion)
Chapter 5. Diesel Fuel Market: End-user Estimates & Trend Analysis
5.1. Definition & Scope
5.2. End-user Movement & Market Share Analysis, 2022 & 2030
5.2.1. Transportation industry
5.2.1.1. Diesel Fuel Market Estimates and Forecasts, in transportation industry, 2018 - 2030 (Million Liters) (USD Billion)
5.2.2. Marine Industry
5.2.2.1. Diesel Fuel Market Estimates and Forecasts, in marine industry, 2018 - 2030 (Million Liters) (USD Billion)
5.2.3. Others
5.2.3.1. Diesel Fuel Market Estimates and Forecasts, in Above 5MW, 2018 - 2030 (Million Liters) (USD Billion)
Chapter 6. Diesel Fuel Market: Regional Estimates & Trend Analysis
6.1. Regional Movement & Market Share Analysis, 2022 & 2030
6.2. North America
6.2.1. North America Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.2.1.1. U.S. Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.2.1.2. Canada Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.2.1.3. Mexico Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.3. Europe
6.3.1. Europe Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.3.1.1. Germany Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.3.1.2. UK Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.3.1.3. France Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.3.1.4. Italy Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.3.1.5. Spain Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.3.1.6. The Netherlands Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4. Asia Pacific
6.4.1. Asia Pacific Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.1. China Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.2. India Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.3. Japan India Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.4. South Korea Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.5. Australia Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.6. Malaysia Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.7. Singapore Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.8. Thailand Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.4.1.9. Vietnam Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.5. Central & South America
6.5.1. Central & South America Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.5.2. Brazil Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.5.3. Argentina Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.6. Middle East & Africa
6.6.1. Middle East & Africa Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.6.2. Saudi Arabia Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.6.3. UAE Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
6.6.4. South Africa Diesel Fuel Market Estimates and Forecasts, 2018 - 2030 (Million Liters) (USD Billion)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Participant’s Overview
7.4. Financial Performance
7.5. Product Benchmarking
7.5.1. Chevron Corporation
7.5.2. Exxon Mobil Corporation
7.5.3. PetroChina Company Limited
7.5.4. Qatar Petroleum
7.5.5. Shell Plc.
7.5.6. Conoco Phillips
7.5.7. ExxonMobil
7.5.8. Reliance Industries Limited
7.5.9. Fredenberg
7.5.10. JSC Mozyer Oil Refinery
7.6. Company Market Positioning
7.7. Company Market Share Analysis, 2022
7.8. Company Heat Map Analysis
7.9. Strategy Mapping
7.9.1. Expansion
7.9.2. Mergers & Acquisition
7.9.3. Collaborations
7.9.4. New Product Launches
7.9.5. Research & Development