Global HVO or HEFA market size is predicted to grow from US$ 19570 million in 2025 to US$ 49440 million in 2031; it is expected to grow at a CAGR of 16.7% from 2025 to 2031. Get Access Now!

Global HVO or HEFA Market Growth (Status and Outlook) 2025-2031

The global HVO or HEFA market size is predicted to grow from US$ 19570 million in 2025 to US$ 49440 million in 2031; it is expected to grow at a CAGR of 16.7% from 2025 to 2031. HEFA (Hydroprocessed Esters and Fatty Acids), also called HVO (Hydrotreated Vegetable Oil), is a renewable diesel fuel that can be produced from a wide array of vegetable oils and fats. The term HEFA or HVO is used collectively for these biogenic hydrocarbon-based renewable biofuels. HVO is free of aromatics and sulfur and has a high cetane number. It is a so-called drop-in fuel, meaning that it is chemically equivalent to fossil diesel fuel and can be used in existing diesel engines without technical blend walls. One challenge that the production of HVO is facing is to find enough suitable and sustainable feedstock. United States market for HVO or HEFA is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031. China market for HVO or HEFA is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031. Europe market for HVO or HEFA is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031. Global key HVO or HEFA players cover Neste Oil, Total S.A., Eni, Renewable Energy Group, Preem, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024. Infinity Market Research newest research report, the HVO or HEFA Industry Forecast looks at past sales and reviews total world HVO or HEFA sales in 2024, providing a comprehensive analysis by region and market sector of projected HVO or HEFA sales for 2025 through 2031. With HVO or HEFA sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HVO or HEFA industry. This Insight Report provides a comprehensive analysis of the global HVO or HEFA landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HVO or HEFA portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global HVO or HEFA market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HVO or HEFA and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HVO or HEFA. This report presents a comprehensive overview, market shares, and growth opportunities of HVO or HEFA market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; Animal-Sourced Fats &nbsp;&nbsp;&nbsp; Vegetable-Sourced Oils Segmentation by Application: &nbsp;&nbsp;&nbsp; Vehicle &nbsp;&nbsp;&nbsp; Generator &nbsp;&nbsp;&nbsp; Industrial Power System &nbsp;&nbsp;&nbsp; Other This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Neste Oil &nbsp;&nbsp;&nbsp; Total S.A. &nbsp;&nbsp;&nbsp; Eni &nbsp;&nbsp;&nbsp; Renewable Energy Group &nbsp;&nbsp;&nbsp; Preem &nbsp;&nbsp;&nbsp; Diamond Green Diesel &nbsp;&nbsp;&nbsp; UPM Biofuels &nbsp;&nbsp;&nbsp; REG &nbsp;&nbsp;&nbsp; Emerald Biofuels &nbsp;&nbsp;&nbsp; World Energy &nbsp;&nbsp;&nbsp; ConocoPhillips &nbsp;&nbsp;&nbsp; Repsol &nbsp;&nbsp;&nbsp; Cepsa &nbsp;&nbsp;&nbsp; NextChem &nbsp;&nbsp;&nbsp; Axens &nbsp;&nbsp;&nbsp; Colabitoil &nbsp;&nbsp;&nbsp; Haldor Topsoe &nbsp;&nbsp;&nbsp; Ryze Renewables &nbsp;&nbsp;&nbsp; BP &nbsp;&nbsp;&nbsp; PetroBras &nbsp;&nbsp;&nbsp; Nippon Oil Key Questions Addressed in this Report What is the 10-year outlook for the global HVO or HEFA market? What factors are driving HVO or HEFA market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do HVO or HEFA market opportunities vary by end market size? How does HVO or HEFA break out by Type, by Application?

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global HVO or HEFA Annual Sales 2020-2031 &nbsp;2.1.2 World Current & Future Analysis for HVO or HEFA by Geographic Region, 2020, 2024 & 2031 &nbsp;2.1.3 World Current & Future Analysis for HVO or HEFA by Country/Region, 2020, 2024 & 2031 &nbsp;2.2 HVO or HEFA Segment by Type &nbsp;2.2.1 Animal-Sourced Fats &nbsp;2.2.2 Vegetable-Sourced Oils &nbsp;2.3 HVO or HEFA Sales by Type &nbsp;2.3.1 Global HVO or HEFA Sales Market Share by Type (2020-2025) &nbsp;2.3.2 Global HVO or HEFA Revenue and Market Share by Type (2020-2025) &nbsp;2.3.3 Global HVO or HEFA Sale Price by Type (2020-2025) &nbsp;2.4 HVO or HEFA Segment by Application &nbsp;2.4.1 Vehicle &nbsp;2.4.2 Generator &nbsp;2.4.3 Industrial Power System &nbsp;2.4.4 Other &nbsp;2.5 HVO or HEFA Sales by Application &nbsp;2.5.1 Global HVO or HEFA Sale Market Share by Application (2020-2025) &nbsp;2.5.2 Global HVO or HEFA Revenue and Market Share by Application (2020-2025) &nbsp;2.5.3 Global HVO or HEFA Sale Price by Application (2020-2025) 3 Global by Company &nbsp;3.1 Global HVO or HEFA Breakdown Data by Company &nbsp;3.1.1 Global HVO or HEFA Annual Sales by Company (2020-2025) &nbsp;3.1.2 Global HVO or HEFA Sales Market Share by Company (2020-2025) &nbsp;3.2 Global HVO or HEFA Annual Revenue by Company (2020-2025) &nbsp;3.2.1 Global HVO or HEFA Revenue by Company (2020-2025) &nbsp;3.2.2 Global HVO or HEFA Revenue Market Share by Company (2020-2025) &nbsp;3.3 Global HVO or HEFA Sale Price by Company &nbsp;3.4 Key Manufacturers HVO or HEFA Producing Area Distribution, Sales Area, Product Type &nbsp;3.4.1 Key Manufacturers HVO or HEFA Product Location Distribution &nbsp;3.4.2 Players HVO or HEFA Products Offered &nbsp;3.5 Market Concentration Rate Analysis &nbsp;3.5.1 Competition Landscape Analysis &nbsp;3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) &nbsp;3.6 New Products and Potential Entrants &nbsp;3.7 Market M&A Activity & Strategy 4 World Historic Review for HVO or HEFA by Geographic Region &nbsp;4.1 World Historic HVO or HEFA Market Size by Geographic Region (2020-2025) &nbsp;4.1.1 Global HVO or HEFA Annual Sales by Geographic Region (2020-2025) &nbsp;4.1.2 Global HVO or HEFA Annual Revenue by Geographic Region (2020-2025) &nbsp;4.2 World Historic HVO or HEFA Market Size by Country/Region (2020-2025) &nbsp;4.2.1 Global HVO or HEFA Annual Sales by Country/Region (2020-2025) &nbsp;4.2.2 Global HVO or HEFA Annual Revenue by Country/Region (2020-2025) &nbsp;4.3 Americas HVO or HEFA Sales Growth &nbsp;4.4 APAC HVO or HEFA Sales Growth &nbsp;4.5 Europe HVO or HEFA Sales Growth &nbsp;4.6 Middle East & Africa HVO or HEFA Sales Growth 5 Americas &nbsp;5.1 Americas HVO or HEFA Sales by Country &nbsp;5.1.1 Americas HVO or HEFA Sales by Country (2020-2025) &nbsp;5.1.2 Americas HVO or HEFA Revenue by Country (2020-2025) &nbsp;5.2 Americas HVO or HEFA Sales by Type (2020-2025) &nbsp;5.3 Americas HVO or HEFA Sales by Application (2020-2025) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC HVO or HEFA Sales by Region &nbsp;6.1.1 APAC HVO or HEFA Sales by Region (2020-2025) &nbsp;6.1.2 APAC HVO or HEFA Revenue by Region (2020-2025) &nbsp;6.2 APAC HVO or HEFA Sales by Type (2020-2025) &nbsp;6.3 APAC HVO or HEFA Sales by Application (2020-2025) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia &nbsp;6.10 China Taiwan 7 Europe &nbsp;7.1 Europe HVO or HEFA by Country &nbsp;7.1.1 Europe HVO or HEFA Sales by Country (2020-2025) &nbsp;7.1.2 Europe HVO or HEFA Revenue by Country (2020-2025) &nbsp;7.2 Europe HVO or HEFA Sales by Type (2020-2025) &nbsp;7.3 Europe HVO or HEFA Sales by Application (2020-2025) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa HVO or HEFA by Country &nbsp;8.1.1 Middle East & Africa HVO or HEFA Sales by Country (2020-2025) &nbsp;8.1.2 Middle East & Africa HVO or HEFA Revenue by Country (2020-2025) &nbsp;8.2 Middle East & Africa HVO or HEFA Sales by Type (2020-2025) &nbsp;8.3 Middle East & Africa HVO or HEFA Sales by Application (2020-2025) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Manufacturing Cost Structure Analysis &nbsp;10.1 Raw Material and Suppliers &nbsp;10.2 Manufacturing Cost Structure Analysis of HVO or HEFA &nbsp;10.3 Manufacturing Process Analysis of HVO or HEFA &nbsp;10.4 Industry Chain Structure of HVO or HEFA 11 Marketing, Distributors and Customer &nbsp;11.1 Sales Channel &nbsp;11.1.1 Direct Channels &nbsp;11.1.2 Indirect Channels &nbsp;11.2 HVO or HEFA Distributors &nbsp;11.3 HVO or HEFA Customer 12 World Forecast Review for HVO or HEFA by Geographic Region &nbsp;12.1 Global HVO or HEFA Market Size Forecast by Region &nbsp;12.1.1 Global HVO or HEFA Forecast by Region (2026-2031) &nbsp;12.1.2 Global HVO or HEFA Annual Revenue Forecast by Region (2026-2031) &nbsp;12.2 Americas Forecast by Country (2026-2031) &nbsp;12.3 APAC Forecast by Region (2026-2031) &nbsp;12.4 Europe Forecast by Country (2026-2031) &nbsp;12.5 Middle East & Africa Forecast by Country (2026-2031) &nbsp;12.6 Global HVO or HEFA Forecast by Type (2026-2031) &nbsp;12.7 Global HVO or HEFA Forecast by Application (2026-2031) 13 Key Players Analysis &nbsp;13.1 Neste Oil &nbsp;13.1.1 Neste Oil Company Information &nbsp;13.1.2 Neste Oil HVO or HEFA Product Portfolios and Specifications &nbsp;13.1.3 Neste Oil HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.1.4 Neste Oil Main Business Overview &nbsp;13.1.5 Neste Oil Latest Developments &nbsp;13.2 Total S.A. &nbsp;13.2.1 Total S.A. Company Information &nbsp;13.2.2 Total S.A. HVO or HEFA Product Portfolios and Specifications &nbsp;13.2.3 Total S.A. HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.2.4 Total S.A. Main Business Overview &nbsp;13.2.5 Total S.A. Latest Developments &nbsp;13.3 Eni &nbsp;13.3.1 Eni Company Information &nbsp;13.3.2 Eni HVO or HEFA Product Portfolios and Specifications &nbsp;13.3.3 Eni HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.3.4 Eni Main Business Overview &nbsp;13.3.5 Eni Latest Developments &nbsp;13.4 Renewable Energy Group &nbsp;13.4.1 Renewable Energy Group Company Information &nbsp;13.4.2 Renewable Energy Group HVO or HEFA Product Portfolios and Specifications &nbsp;13.4.3 Renewable Energy Group HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.4.4 Renewable Energy Group Main Business Overview &nbsp;13.4.5 Renewable Energy Group Latest Developments &nbsp;13.5 Preem &nbsp;13.5.1 Preem Company Information &nbsp;13.5.2 Preem HVO or HEFA Product Portfolios and Specifications &nbsp;13.5.3 Preem HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.5.4 Preem Main Business Overview &nbsp;13.5.5 Preem Latest Developments &nbsp;13.6 Diamond Green Diesel &nbsp;13.6.1 Diamond Green Diesel Company Information &nbsp;13.6.2 Diamond Green Diesel HVO or HEFA Product Portfolios and Specifications &nbsp;13.6.3 Diamond Green Diesel HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.6.4 Diamond Green Diesel Main Business Overview &nbsp;13.6.5 Diamond Green Diesel Latest Developments &nbsp;13.7 UPM Biofuels &nbsp;13.7.1 UPM Biofuels Company Information &nbsp;13.7.2 UPM Biofuels HVO or HEFA Product Portfolios and Specifications &nbsp;13.7.3 UPM Biofuels HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.7.4 UPM Biofuels Main Business Overview &nbsp;13.7.5 UPM Biofuels Latest Developments &nbsp;13.8 REG &nbsp;13.8.1 REG Company Information &nbsp;13.8.2 REG HVO or HEFA Product Portfolios and Specifications &nbsp;13.8.3 REG HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.8.4 REG Main Business Overview &nbsp;13.8.5 REG Latest Developments &nbsp;13.9 Emerald Biofuels &nbsp;13.9.1 Emerald Biofuels Company Information &nbsp;13.9.2 Emerald Biofuels HVO or HEFA Product Portfolios and Specifications &nbsp;13.9.3 Emerald Biofuels HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.9.4 Emerald Biofuels Main Business Overview &nbsp;13.9.5 Emerald Biofuels Latest Developments &nbsp;13.10 World Energy &nbsp;13.10.1 World Energy Company Information &nbsp;13.10.2 World Energy HVO or HEFA Product Portfolios and Specifications &nbsp;13.10.3 World Energy HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.10.4 World Energy Main Business Overview &nbsp;13.10.5 World Energy Latest Developments &nbsp;13.11 ConocoPhillips &nbsp;13.11.1 ConocoPhillips Company Information &nbsp;13.11.2 ConocoPhillips HVO or HEFA Product Portfolios and Specifications &nbsp;13.11.3 ConocoPhillips HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.11.4 ConocoPhillips Main Business Overview &nbsp;13.11.5 ConocoPhillips Latest Developments &nbsp;13.12 Repsol &nbsp;13.12.1 Repsol Company Information &nbsp;13.12.2 Repsol HVO or HEFA Product Portfolios and Specifications &nbsp;13.12.3 Repsol HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.12.4 Repsol Main Business Overview &nbsp;13.12.5 Repsol Latest Developments &nbsp;13.13 Cepsa &nbsp;13.13.1 Cepsa Company Information &nbsp;13.13.2 Cepsa HVO or HEFA Product Portfolios and Specifications &nbsp;13.13.3 Cepsa HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.13.4 Cepsa Main Business Overview &nbsp;13.13.5 Cepsa Latest Developments &nbsp;13.14 NextChem &nbsp;13.14.1 NextChem Company Information &nbsp;13.14.2 NextChem HVO or HEFA Product Portfolios and Specifications &nbsp;13.14.3 NextChem HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.14.4 NextChem Main Business Overview &nbsp;13.14.5 NextChem Latest Developments &nbsp;13.15 Axens &nbsp;13.15.1 Axens Company Information &nbsp;13.15.2 Axens HVO or HEFA Product Portfolios and Specifications &nbsp;13.15.3 Axens HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.15.4 Axens Main Business Overview &nbsp;13.15.5 Axens Latest Developments &nbsp;13.16 Colabitoil &nbsp;13.16.1 Colabitoil Company Information &nbsp;13.16.2 Colabitoil HVO or HEFA Product Portfolios and Specifications &nbsp;13.16.3 Colabitoil HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.16.4 Colabitoil Main Business Overview &nbsp;13.16.5 Colabitoil Latest Developments &nbsp;13.17 Haldor Topsoe &nbsp;13.17.1 Haldor Topsoe Company Information &nbsp;13.17.2 Haldor Topsoe HVO or HEFA Product Portfolios and Specifications &nbsp;13.17.3 Haldor Topsoe HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.17.4 Haldor Topsoe Main Business Overview &nbsp;13.17.5 Haldor Topsoe Latest Developments &nbsp;13.18 Ryze Renewables &nbsp;13.18.1 Ryze Renewables Company Information &nbsp;13.18.2 Ryze Renewables HVO or HEFA Product Portfolios and Specifications &nbsp;13.18.3 Ryze Renewables HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.18.4 Ryze Renewables Main Business Overview &nbsp;13.18.5 Ryze Renewables Latest Developments &nbsp;13.19 BP &nbsp;13.19.1 BP Company Information &nbsp;13.19.2 BP HVO or HEFA Product Portfolios and Specifications &nbsp;13.19.3 BP HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.19.4 BP Main Business Overview &nbsp;13.19.5 BP Latest Developments &nbsp;13.20 PetroBras &nbsp;13.20.1 PetroBras Company Information &nbsp;13.20.2 PetroBras HVO or HEFA Product Portfolios and Specifications &nbsp;13.20.3 PetroBras HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.20.4 PetroBras Main Business Overview &nbsp;13.20.5 PetroBras Latest Developments &nbsp;13.21 Nippon Oil &nbsp;13.21.1 Nippon Oil Company Information &nbsp;13.21.2 Nippon Oil HVO or HEFA Product Portfolios and Specifications &nbsp;13.21.3 Nippon Oil HVO or HEFA Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.21.4 Nippon Oil Main Business Overview &nbsp;13.21.5 Nippon Oil Latest Developments 14 Research Findings and Conclusion

Report	Global HVO or HEFA Market Growth 2025-2031
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