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Source document· February 26, 2026

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

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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 Company Logo Key market opportunities for renewable diesel include rising demand for sustainable fuels due to stricter emission regulations, expansion in…
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  • The renewable diesel market is expected to reach $38.85 billion by 2030, with a CAGR of 9.6%

    80% confidence

  • 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

    80% confidence

  • The renewable diesel market size stood at $24.51 billion in 2025

    80% confidence

  • Asia-Pacific is projected to be the fastest-growing region during the forecast period

    80% confidence

  • North America was the largest region for renewable diesel market in 2025

    80% confidence

  • Future market growth will be driven by stringent emission regulations, the expansion of aviation and marine fuel use, and increased feedstock availability

    80% confidence

  • Renewable fuel use in the UK rose from 6.8% in 2022 to 7.5% in 2023, equating to 3.7 billion liters of renewable fuel supplied

    80% confidence

  • The renewable diesel market is anticipated to rise to $26.88 billion in 2026, with a compound annual growth rate (CAGR) of 9.7%

    80% confidence

  • Esso Renewable Diesel R20 has approximately 15.4% lower lifecycle greenhouse gas emissions compared to standard diesel

    80% confidence
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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 — Source | Via News | es.VIA.NEWS