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Global HVO or HEFA Market Research Report 2025
Published Date: April 2025
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Report Code: QYRE-Auto-9U16514
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Global HVO or HEFA Market Research Report 2023
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Global HVO or HEFA Market Research Report 2025

Code: QYRE-Auto-9U16514
Report
April 2025
Pages:122
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

HVO or HEFA Market Size

The global market for HVO or HEFA was valued at US$ 17470 million in the year 2024 and is projected to reach a revised size of US$ 49000 million by 2031, growing at a CAGR of 16.1% during the forecast period.

HVO or HEFA Market

HVO or HEFA Market

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.
North American market for HVO or HEFA is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for HVO or HEFA is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of HVO or HEFA include Neste Oil, Total S.A., Eni, Renewable Energy Group, Preem, Diamond Green Diesel, UPM Biofuels, REG, Emerald Biofuels, World Energy, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for HVO or HEFA, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVO or HEFA.
The HVO or HEFA market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global HVO or HEFA market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HVO or HEFA manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of HVO or HEFA Market Report

Report Metric Details
Report Name HVO or HEFA Market
Accounted market size in year US$ 17470 million
Forecasted market size in 2031 US$ 49000 million
CAGR 16.1%
Base Year year
Forecasted years 2025 - 2031
by Type
  • Animal-Sourced Fats
  • Vegetable-Sourced Oils
by Application
  • Vehicle
  • Generator
  • Industrial Power System
  • Other
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Neste Oil, Total S.A., Eni, Renewable Energy Group, Preem, Diamond Green Diesel, UPM Biofuels, REG, Emerald Biofuels, World Energy, ConocoPhillips, Repsol, Cepsa, NextChem, Axens, Colabitoil, Haldor Topsoe, Ryze Renewables, BP, PetroBras, Nippon Oil
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of HVO or HEFA manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of HVO or HEFA by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of HVO or HEFA in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is HVO or HEFA Market growing?

Ans: The HVO or HEFA Market witnessing a CAGR of 16.1% during the forecast period 2025-2031.

What is the HVO or HEFA Market size in 2031?

Ans: The HVO or HEFA Market size in 2031 will be US$ 49000 million.

Who are the main players in the HVO or HEFA Market report?

Ans: The main players in the HVO or HEFA Market are Neste Oil, Total S.A., Eni, Renewable Energy Group, Preem, Diamond Green Diesel, UPM Biofuels, REG, Emerald Biofuels, World Energy, ConocoPhillips, Repsol, Cepsa, NextChem, Axens, Colabitoil, Haldor Topsoe, Ryze Renewables, BP, PetroBras, Nippon Oil

What are the Application segmentation covered in the HVO or HEFA Market report?

Ans: The Applications covered in the HVO or HEFA Market report are Vehicle, Generator, Industrial Power System, Other

What are the Type segmentation covered in the HVO or HEFA Market report?

Ans: The Types covered in the HVO or HEFA Market report are Animal-Sourced Fats, Vegetable-Sourced Oils

Recommended Reports

Biofuels & Biodiesel

Fuels & Feedstocks

Vegetable Oils & Esters

1 HVO or HEFA Market Overview
1.1 Product Definition
1.2 HVO or HEFA by Type
1.2.1 Global HVO or HEFA Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Animal-Sourced Fats
1.2.3 Vegetable-Sourced Oils
1.3 HVO or HEFA by Application
1.3.1 Global HVO or HEFA Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Vehicle
1.3.3 Generator
1.3.4 Industrial Power System
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global HVO or HEFA Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global HVO or HEFA Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global HVO or HEFA Production Estimates and Forecasts (2020-2031)
1.4.4 Global HVO or HEFA Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global HVO or HEFA Production Market Share by Manufacturers (2020-2025)
2.2 Global HVO or HEFA Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of HVO or HEFA, Industry Ranking, 2023 VS 2024
2.4 Global HVO or HEFA Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global HVO or HEFA Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of HVO or HEFA, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of HVO or HEFA, Product Offered and Application
2.8 Global Key Manufacturers of HVO or HEFA, Date of Enter into This Industry
2.9 HVO or HEFA Market Competitive Situation and Trends
2.9.1 HVO or HEFA Market Concentration Rate
2.9.2 Global 5 and 10 Largest HVO or HEFA Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 HVO or HEFA Production by Region
3.1 Global HVO or HEFA Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global HVO or HEFA Production Value by Region (2020-2031)
3.2.1 Global HVO or HEFA Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of HVO or HEFA by Region (2026-2031)
3.3 Global HVO or HEFA Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global HVO or HEFA Production Volume by Region (2020-2031)
3.4.1 Global HVO or HEFA Production by Region (2020-2025)
3.4.2 Global Forecasted Production of HVO or HEFA by Region (2026-2031)
3.5 Global HVO or HEFA Market Price Analysis by Region (2020-2025)
3.6 Global HVO or HEFA Production and Value, Year-over-Year Growth
3.6.1 North America HVO or HEFA Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe HVO or HEFA Production Value Estimates and Forecasts (2020-2031)
3.6.3 China HVO or HEFA Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan HVO or HEFA Production Value Estimates and Forecasts (2020-2031)
4 HVO or HEFA Consumption by Region
4.1 Global HVO or HEFA Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global HVO or HEFA Consumption by Region (2020-2031)
4.2.1 Global HVO or HEFA Consumption by Region (2020-2025)
4.2.2 Global HVO or HEFA Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America HVO or HEFA Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America HVO or HEFA Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe HVO or HEFA Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe HVO or HEFA Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific HVO or HEFA Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific HVO or HEFA Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa HVO or HEFA Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa HVO or HEFA Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global HVO or HEFA Production by Type (2020-2031)
5.1.1 Global HVO or HEFA Production by Type (2020-2025)
5.1.2 Global HVO or HEFA Production by Type (2026-2031)
5.1.3 Global HVO or HEFA Production Market Share by Type (2020-2031)
5.2 Global HVO or HEFA Production Value by Type (2020-2031)
5.2.1 Global HVO or HEFA Production Value by Type (2020-2025)
5.2.2 Global HVO or HEFA Production Value by Type (2026-2031)
5.2.3 Global HVO or HEFA Production Value Market Share by Type (2020-2031)
5.3 Global HVO or HEFA Price by Type (2020-2031)
6 Segment by Application
6.1 Global HVO or HEFA Production by Application (2020-2031)
6.1.1 Global HVO or HEFA Production by Application (2020-2025)
6.1.2 Global HVO or HEFA Production by Application (2026-2031)
6.1.3 Global HVO or HEFA Production Market Share by Application (2020-2031)
6.2 Global HVO or HEFA Production Value by Application (2020-2031)
6.2.1 Global HVO or HEFA Production Value by Application (2020-2025)
6.2.2 Global HVO or HEFA Production Value by Application (2026-2031)
6.2.3 Global HVO or HEFA Production Value Market Share by Application (2020-2031)
6.3 Global HVO or HEFA Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Neste Oil
7.1.1 Neste Oil HVO or HEFA Company Information
7.1.2 Neste Oil HVO or HEFA Product Portfolio
7.1.3 Neste Oil HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Neste Oil Main Business and Markets Served
7.1.5 Neste Oil Recent Developments/Updates
7.2 Total S.A.
7.2.1 Total S.A. HVO or HEFA Company Information
7.2.2 Total S.A. HVO or HEFA Product Portfolio
7.2.3 Total S.A. HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Total S.A. Main Business and Markets Served
7.2.5 Total S.A. Recent Developments/Updates
7.3 Eni
7.3.1 Eni HVO or HEFA Company Information
7.3.2 Eni HVO or HEFA Product Portfolio
7.3.3 Eni HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Eni Main Business and Markets Served
7.3.5 Eni Recent Developments/Updates
7.4 Renewable Energy Group
7.4.1 Renewable Energy Group HVO or HEFA Company Information
7.4.2 Renewable Energy Group HVO or HEFA Product Portfolio
7.4.3 Renewable Energy Group HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Renewable Energy Group Main Business and Markets Served
7.4.5 Renewable Energy Group Recent Developments/Updates
7.5 Preem
7.5.1 Preem HVO or HEFA Company Information
7.5.2 Preem HVO or HEFA Product Portfolio
7.5.3 Preem HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Preem Main Business and Markets Served
7.5.5 Preem Recent Developments/Updates
7.6 Diamond Green Diesel
7.6.1 Diamond Green Diesel HVO or HEFA Company Information
7.6.2 Diamond Green Diesel HVO or HEFA Product Portfolio
7.6.3 Diamond Green Diesel HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Diamond Green Diesel Main Business and Markets Served
7.6.5 Diamond Green Diesel Recent Developments/Updates
7.7 UPM Biofuels
7.7.1 UPM Biofuels HVO or HEFA Company Information
7.7.2 UPM Biofuels HVO or HEFA Product Portfolio
7.7.3 UPM Biofuels HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.7.4 UPM Biofuels Main Business and Markets Served
7.7.5 UPM Biofuels Recent Developments/Updates
7.8 REG
7.8.1 REG HVO or HEFA Company Information
7.8.2 REG HVO or HEFA Product Portfolio
7.8.3 REG HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.8.4 REG Main Business and Markets Served
7.8.5 REG Recent Developments/Updates
7.9 Emerald Biofuels
7.9.1 Emerald Biofuels HVO or HEFA Company Information
7.9.2 Emerald Biofuels HVO or HEFA Product Portfolio
7.9.3 Emerald Biofuels HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Emerald Biofuels Main Business and Markets Served
7.9.5 Emerald Biofuels Recent Developments/Updates
7.10 World Energy
7.10.1 World Energy HVO or HEFA Company Information
7.10.2 World Energy HVO or HEFA Product Portfolio
7.10.3 World Energy HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.10.4 World Energy Main Business and Markets Served
7.10.5 World Energy Recent Developments/Updates
7.11 ConocoPhillips
7.11.1 ConocoPhillips HVO or HEFA Company Information
7.11.2 ConocoPhillips HVO or HEFA Product Portfolio
7.11.3 ConocoPhillips HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.11.4 ConocoPhillips Main Business and Markets Served
7.11.5 ConocoPhillips Recent Developments/Updates
7.12 Repsol
7.12.1 Repsol HVO or HEFA Company Information
7.12.2 Repsol HVO or HEFA Product Portfolio
7.12.3 Repsol HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Repsol Main Business and Markets Served
7.12.5 Repsol Recent Developments/Updates
7.13 Cepsa
7.13.1 Cepsa HVO or HEFA Company Information
7.13.2 Cepsa HVO or HEFA Product Portfolio
7.13.3 Cepsa HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Cepsa Main Business and Markets Served
7.13.5 Cepsa Recent Developments/Updates
7.14 NextChem
7.14.1 NextChem HVO or HEFA Company Information
7.14.2 NextChem HVO or HEFA Product Portfolio
7.14.3 NextChem HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.14.4 NextChem Main Business and Markets Served
7.14.5 NextChem Recent Developments/Updates
7.15 Axens
7.15.1 Axens HVO or HEFA Company Information
7.15.2 Axens HVO or HEFA Product Portfolio
7.15.3 Axens HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Axens Main Business and Markets Served
7.15.5 Axens Recent Developments/Updates
7.16 Colabitoil
7.16.1 Colabitoil HVO or HEFA Company Information
7.16.2 Colabitoil HVO or HEFA Product Portfolio
7.16.3 Colabitoil HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Colabitoil Main Business and Markets Served
7.16.5 Colabitoil Recent Developments/Updates
7.17 Haldor Topsoe
7.17.1 Haldor Topsoe HVO or HEFA Company Information
7.17.2 Haldor Topsoe HVO or HEFA Product Portfolio
7.17.3 Haldor Topsoe HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Haldor Topsoe Main Business and Markets Served
7.17.5 Haldor Topsoe Recent Developments/Updates
7.18 Ryze Renewables
7.18.1 Ryze Renewables HVO or HEFA Company Information
7.18.2 Ryze Renewables HVO or HEFA Product Portfolio
7.18.3 Ryze Renewables HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Ryze Renewables Main Business and Markets Served
7.18.5 Ryze Renewables Recent Developments/Updates
7.19 BP
7.19.1 BP HVO or HEFA Company Information
7.19.2 BP HVO or HEFA Product Portfolio
7.19.3 BP HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.19.4 BP Main Business and Markets Served
7.19.5 BP Recent Developments/Updates
7.20 PetroBras
7.20.1 PetroBras HVO or HEFA Company Information
7.20.2 PetroBras HVO or HEFA Product Portfolio
7.20.3 PetroBras HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.20.4 PetroBras Main Business and Markets Served
7.20.5 PetroBras Recent Developments/Updates
7.21 Nippon Oil
7.21.1 Nippon Oil HVO or HEFA Company Information
7.21.2 Nippon Oil HVO or HEFA Product Portfolio
7.21.3 Nippon Oil HVO or HEFA Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Nippon Oil Main Business and Markets Served
7.21.5 Nippon Oil Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 HVO or HEFA Industry Chain Analysis
8.2 HVO or HEFA Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 HVO or HEFA Production Mode & Process Analysis
8.4 HVO or HEFA Sales and Marketing
8.4.1 HVO or HEFA Sales Channels
8.4.2 HVO or HEFA Distributors
8.5 HVO or HEFA Customer Analysis
9 HVO or HEFA Market Dynamics
9.1 HVO or HEFA Industry Trends
9.2 HVO or HEFA Market Drivers
9.3 HVO or HEFA Market Challenges
9.4 HVO or HEFA Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global HVO or HEFA Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global HVO or HEFA Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global HVO or HEFA Production Capacity (Tons) by Manufacturers in 2024
 Table 4. Global HVO or HEFA Production by Manufacturers (2020-2025) & (Tons)
 Table 5. Global HVO or HEFA Production Market Share by Manufacturers (2020-2025)
 Table 6. Global HVO or HEFA Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global HVO or HEFA Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of HVO or HEFA, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in HVO or HEFA as of 2024)
 Table 10. Global Market HVO or HEFA Average Price by Manufacturers (US$/Ton) & (2020-2025)
 Table 11. Global Key Manufacturers of HVO or HEFA, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of HVO or HEFA, Product Offered and Application
 Table 13. Global Key Manufacturers of HVO or HEFA, Date of Enter into This Industry
 Table 14. Global HVO or HEFA Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global HVO or HEFA Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global HVO or HEFA Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global HVO or HEFA Production Value Market Share by Region (2020-2025)
 Table 19. Global HVO or HEFA Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global HVO or HEFA Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global HVO or HEFA Production Comparison by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 22. Global HVO or HEFA Production (Tons) by Region (2020-2025)
 Table 23. Global HVO or HEFA Production Market Share by Region (2020-2025)
 Table 24. Global HVO or HEFA Production (Tons) Forecast by Region (2026-2031)
 Table 25. Global HVO or HEFA Production Market Share Forecast by Region (2026-2031)
 Table 26. Global HVO or HEFA Market Average Price (US$/Ton) by Region (2020-2025)
 Table 27. Global HVO or HEFA Market Average Price (US$/Ton) by Region (2026-2031)
 Table 28. Global HVO or HEFA Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 29. Global HVO or HEFA Consumption by Region (2020-2025) & (Tons)
 Table 30. Global HVO or HEFA Consumption Market Share by Region (2020-2025)
 Table 31. Global HVO or HEFA Forecasted Consumption by Region (2026-2031) & (Tons)
 Table 32. Global HVO or HEFA Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America HVO or HEFA Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 34. North America HVO or HEFA Consumption by Country (2020-2025) & (Tons)
 Table 35. North America HVO or HEFA Consumption by Country (2026-2031) & (Tons)
 Table 36. Europe HVO or HEFA Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 37. Europe HVO or HEFA Consumption by Country (2020-2025) & (Tons)
 Table 38. Europe HVO or HEFA Consumption by Country (2026-2031) & (Tons)
 Table 39. Asia Pacific HVO or HEFA Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Tons)
 Table 40. Asia Pacific HVO or HEFA Consumption by Region (2020-2025) & (Tons)
 Table 41. Asia Pacific HVO or HEFA Consumption by Region (2026-2031) & (Tons)
 Table 42. Latin America, Middle East & Africa HVO or HEFA Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Tons)
 Table 43. Latin America, Middle East & Africa HVO or HEFA Consumption by Country (2020-2025) & (Tons)
 Table 44. Latin America, Middle East & Africa HVO or HEFA Consumption by Country (2026-2031) & (Tons)
 Table 45. Global HVO or HEFA Production (Tons) by Type (2020-2025)
 Table 46. Global HVO or HEFA Production (Tons) by Type (2026-2031)
 Table 47. Global HVO or HEFA Production Market Share by Type (2020-2025)
 Table 48. Global HVO or HEFA Production Market Share by Type (2026-2031)
 Table 49. Global HVO or HEFA Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global HVO or HEFA Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global HVO or HEFA Production Value Market Share by Type (2020-2025)
 Table 52. Global HVO or HEFA Production Value Market Share by Type (2026-2031)
 Table 53. Global HVO or HEFA Price (US$/Ton) by Type (2020-2025)
 Table 54. Global HVO or HEFA Price (US$/Ton) by Type (2026-2031)
 Table 55. Global HVO or HEFA Production (Tons) by Application (2020-2025)
 Table 56. Global HVO or HEFA Production (Tons) by Application (2026-2031)
 Table 57. Global HVO or HEFA Production Market Share by Application (2020-2025)
 Table 58. Global HVO or HEFA Production Market Share by Application (2026-2031)
 Table 59. Global HVO or HEFA Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global HVO or HEFA Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global HVO or HEFA Production Value Market Share by Application (2020-2025)
 Table 62. Global HVO or HEFA Production Value Market Share by Application (2026-2031)
 Table 63. Global HVO or HEFA Price (US$/Ton) by Application (2020-2025)
 Table 64. Global HVO or HEFA Price (US$/Ton) by Application (2026-2031)
 Table 65. Neste Oil HVO or HEFA Company Information
 Table 66. Neste Oil HVO or HEFA Specification and Application
 Table 67. Neste Oil HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 68. Neste Oil Main Business and Markets Served
 Table 69. Neste Oil Recent Developments/Updates
 Table 70. Total S.A. HVO or HEFA Company Information
 Table 71. Total S.A. HVO or HEFA Specification and Application
 Table 72. Total S.A. HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 73. Total S.A. Main Business and Markets Served
 Table 74. Total S.A. Recent Developments/Updates
 Table 75. Eni HVO or HEFA Company Information
 Table 76. Eni HVO or HEFA Specification and Application
 Table 77. Eni HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 78. Eni Main Business and Markets Served
 Table 79. Eni Recent Developments/Updates
 Table 80. Renewable Energy Group HVO or HEFA Company Information
 Table 81. Renewable Energy Group HVO or HEFA Specification and Application
 Table 82. Renewable Energy Group HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 83. Renewable Energy Group Main Business and Markets Served
 Table 84. Renewable Energy Group Recent Developments/Updates
 Table 85. Preem HVO or HEFA Company Information
 Table 86. Preem HVO or HEFA Specification and Application
 Table 87. Preem HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 88. Preem Main Business and Markets Served
 Table 89. Preem Recent Developments/Updates
 Table 90. Diamond Green Diesel HVO or HEFA Company Information
 Table 91. Diamond Green Diesel HVO or HEFA Specification and Application
 Table 92. Diamond Green Diesel HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 93. Diamond Green Diesel Main Business and Markets Served
 Table 94. Diamond Green Diesel Recent Developments/Updates
 Table 95. UPM Biofuels HVO or HEFA Company Information
 Table 96. UPM Biofuels HVO or HEFA Specification and Application
 Table 97. UPM Biofuels HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 98. UPM Biofuels Main Business and Markets Served
 Table 99. UPM Biofuels Recent Developments/Updates
 Table 100. REG HVO or HEFA Company Information
 Table 101. REG HVO or HEFA Specification and Application
 Table 102. REG HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 103. REG Main Business and Markets Served
 Table 104. REG Recent Developments/Updates
 Table 105. Emerald Biofuels HVO or HEFA Company Information
 Table 106. Emerald Biofuels HVO or HEFA Specification and Application
 Table 107. Emerald Biofuels HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 108. Emerald Biofuels Main Business and Markets Served
 Table 109. Emerald Biofuels Recent Developments/Updates
 Table 110. World Energy HVO or HEFA Company Information
 Table 111. World Energy HVO or HEFA Specification and Application
 Table 112. World Energy HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 113. World Energy Main Business and Markets Served
 Table 114. World Energy Recent Developments/Updates
 Table 115. ConocoPhillips HVO or HEFA Company Information
 Table 116. ConocoPhillips HVO or HEFA Specification and Application
 Table 117. ConocoPhillips HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 118. ConocoPhillips Main Business and Markets Served
 Table 119. ConocoPhillips Recent Developments/Updates
 Table 120. Repsol HVO or HEFA Company Information
 Table 121. Repsol HVO or HEFA Specification and Application
 Table 122. Repsol HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 123. Repsol Main Business and Markets Served
 Table 124. Repsol Recent Developments/Updates
 Table 125. Cepsa HVO or HEFA Company Information
 Table 126. Cepsa HVO or HEFA Specification and Application
 Table 127. Cepsa HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 128. Cepsa Main Business and Markets Served
 Table 129. Cepsa Recent Developments/Updates
 Table 130. NextChem HVO or HEFA Company Information
 Table 131. NextChem HVO or HEFA Specification and Application
 Table 132. NextChem HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 133. NextChem Main Business and Markets Served
 Table 134. NextChem Recent Developments/Updates
 Table 135. Axens HVO or HEFA Company Information
 Table 136. Axens HVO or HEFA Specification and Application
 Table 137. Axens HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 138. Axens Main Business and Markets Served
 Table 139. Axens Recent Developments/Updates
 Table 140. Colabitoil HVO or HEFA Company Information
 Table 141. Colabitoil HVO or HEFA Specification and Application
 Table 142. Colabitoil HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 143. Colabitoil Main Business and Markets Served
 Table 144. Colabitoil Recent Developments/Updates
 Table 145. Haldor Topsoe HVO or HEFA Company Information
 Table 146. Haldor Topsoe HVO or HEFA Specification and Application
 Table 147. Haldor Topsoe HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 148. Haldor Topsoe Main Business and Markets Served
 Table 149. Haldor Topsoe Recent Developments/Updates
 Table 150. Ryze Renewables HVO or HEFA Company Information
 Table 151. Ryze Renewables HVO or HEFA Specification and Application
 Table 152. Ryze Renewables HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 153. Ryze Renewables Main Business and Markets Served
 Table 154. Ryze Renewables Recent Developments/Updates
 Table 155. BP HVO or HEFA Company Information
 Table 156. BP HVO or HEFA Specification and Application
 Table 157. BP HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 158. BP Main Business and Markets Served
 Table 159. BP Recent Developments/Updates
 Table 160. PetroBras HVO or HEFA Company Information
 Table 161. PetroBras HVO or HEFA Specification and Application
 Table 162. PetroBras HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 163. PetroBras Main Business and Markets Served
 Table 164. PetroBras Recent Developments/Updates
 Table 165. Nippon Oil HVO or HEFA Company Information
 Table 166. Nippon Oil HVO or HEFA Specification and Application
 Table 167. Nippon Oil HVO or HEFA Production (Tons), Value (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 168. Nippon Oil Main Business and Markets Served
 Table 169. Nippon Oil Recent Developments/Updates
 Table 170. Key Raw Materials Lists
 Table 171. Raw Materials Key Suppliers Lists
 Table 172. HVO or HEFA Distributors List
 Table 173. HVO or HEFA Customers List
 Table 174. HVO or HEFA Market Trends
 Table 175. HVO or HEFA Market Drivers
 Table 176. HVO or HEFA Market Challenges
 Table 177. HVO or HEFA Market Restraints
 Table 178. Research Programs/Design for This Report
 Table 179. Key Data Information from Secondary Sources
 Table 180. Key Data Information from Primary Sources
 Table 181. Authors List of This Report


List of Figures
 Figure 1. Product Picture of HVO or HEFA
 Figure 2. Global HVO or HEFA Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global HVO or HEFA Market Share by Type: 2024 VS 2031
 Figure 4. Animal-Sourced Fats Product Picture
 Figure 5. Vegetable-Sourced Oils Product Picture
 Figure 6. Global HVO or HEFA Market Value by Application, (US$ Million) & (2020-2031)
 Figure 7. Global HVO or HEFA Market Share by Application: 2024 VS 2031
 Figure 8. Vehicle
 Figure 9. Generator
 Figure 10. Industrial Power System
 Figure 11. Other
 Figure 12. Global HVO or HEFA Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global HVO or HEFA Production Value (US$ Million) & (2020-2031)
 Figure 14. Global HVO or HEFA Production Capacity (Tons) & (2020-2031)
 Figure 15. Global HVO or HEFA Production (Tons) & (2020-2031)
 Figure 16. Global HVO or HEFA Average Price (US$/Ton) & (2020-2031)
 Figure 17. HVO or HEFA Report Years Considered
 Figure 18. HVO or HEFA Production Share by Manufacturers in 2024
 Figure 19. Global HVO or HEFA Production Value Share by Manufacturers (2024)
 Figure 20. HVO or HEFA Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 21. The Global 5 and 10 Largest Players: Market Share by HVO or HEFA Revenue in 2024
 Figure 22. Global HVO or HEFA Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 23. Global HVO or HEFA Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. Global HVO or HEFA Production Comparison by Region: 2020 VS 2024 VS 2031 (Tons)
 Figure 25. Global HVO or HEFA Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. North America HVO or HEFA Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Europe HVO or HEFA Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. China HVO or HEFA Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Japan HVO or HEFA Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Global HVO or HEFA Consumption by Region: 2020 VS 2024 VS 2031 (Tons)
 Figure 31. Global HVO or HEFA Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. North America HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 33. North America HVO or HEFA Consumption Market Share by Country (2020-2031)
 Figure 34. U.S. HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 35. Canada HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 36. Europe HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 37. Europe HVO or HEFA Consumption Market Share by Country (2020-2031)
 Figure 38. Germany HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 39. France HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 40. U.K. HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 41. Italy HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 42. Russia HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 43. Asia Pacific HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 44. Asia Pacific HVO or HEFA Consumption Market Share by Region (2020-2031)
 Figure 45. China HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 46. Japan HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 47. South Korea HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 48. China Taiwan HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 49. Southeast Asia HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 50. India HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 51. Latin America, Middle East & Africa HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 52. Latin America, Middle East & Africa HVO or HEFA Consumption Market Share by Country (2020-2031)
 Figure 53. Mexico HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 54. Brazil HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 55. Turkey HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 56. GCC Countries HVO or HEFA Consumption and Growth Rate (2020-2031) & (Tons)
 Figure 57. Global Production Market Share of HVO or HEFA by Type (2020-2031)
 Figure 58. Global Production Value Market Share of HVO or HEFA by Type (2020-2031)
 Figure 59. Global HVO or HEFA Price (US$/Ton) by Type (2020-2031)
 Figure 60. Global Production Market Share of HVO or HEFA by Application (2020-2031)
 Figure 61. Global Production Value Market Share of HVO or HEFA by Application (2020-2031)
 Figure 62. Global HVO or HEFA Price (US$/Ton) by Application (2020-2031)
 Figure 63. HVO or HEFA Value Chain
 Figure 64. Channels of Distribution (Direct Vs Distribution)
 Figure 65. Bottom-up and Top-down Approaches for This Report
 Figure 66. Data Triangulation
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