Selected research
Industry Growth & Trends
Global Hydrotreated Vegetable Oil (HVO) Industry Growth and Trends Forecast to 2032
Market perspective
The global Hydrotreated Vegetable Oil (HVO) market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Hydrotreated Vegetable Oil (HVO) is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Hydrotreated Vegetable Oil (HVO) is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Hydrotreated Vegetable Oil (HVO) is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Hydrotreated Vegetable Oil (HVO) include Diamond Green Diesel, Eni, Neste, Preem, Renewable Energy Group, Repsol, World Energy, UPM Biofuels and TotalEnergies, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Hydrotreated Vegetable Oil (HVO) market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Hydrotreated Vegetable Oil (HVO) market size, estimates, and forecasts are presented in terms of sales volume (Tons) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Hydrotreated Vegetable Oil (HVO) market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Hydrotreated Vegetable Oil (HVO).
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Hydrotreated Vegetable Oil (HVO) market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Hydrotreated Vegetable Oil (HVO) Market by Company
Diamond Green Diesel
Eni
Neste
Preem
Renewable Energy Group
Repsol
World Energy
UPM Biofuels
TotalEnergies
NextChem(Maire Tecnimont)
Cepsa
Hydrotreated Vegetable Oil (HVO) Segment by Type
Based on Ecofining Technology
Based on Co-Processing Technology
Other
Hydrotreated Vegetable Oil (HVO) Segment by Application
Industrial Power System
Generator
Vehicle
Other
Hydrotreated Vegetable Oil (HVO) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hydrotreated Vegetable Oil (HVO) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Hydrotreated Vegetable Oil (HVO) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hydrotreated Vegetable Oil (HVO).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Hydrotreated Vegetable Oil (HVO) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Hydrotreated Vegetable Oil (HVO) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Based on Ecofining Technology
- Based on Co-Processing Technology
- Other
Applications
- Industrial Power System
- Generator
- Vehicle
- Other
Companies covered
- Diamond Green Diesel
- Eni
- Neste
- Preem
- Renewable Energy Group
- Repsol
- World Energy
- UPM Biofuels
- TotalEnergies
- NextChem(Maire Tecnimont)
- Cepsa
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Hydrotreated Vegetable Oil (HVO) Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Hydrotreated Vegetable Oil (HVO) Sales Estimates and Forecasts (2021-2032)
- 1.3 Hydrotreated Vegetable Oil (HVO) Market by Type
- 1.3.1 Based on Ecofining Technology
- 1.3.2 Based on Co-Processing Technology
- 1.3.3 Other
- 1.4 Global Hydrotreated Vegetable Oil (HVO) Market Size by Type
- 1.4.1 Global Hydrotreated Vegetable Oil (HVO) Market Size Overview by Type (2021-2032)
- 1.4.2 Global Hydrotreated Vegetable Oil (HVO) Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Hydrotreated Vegetable Oil (HVO) Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Hydrotreated Vegetable Oil (HVO) Industry Trends
- 2.2 Hydrotreated Vegetable Oil (HVO) Industry Drivers
- 2.3 Hydrotreated Vegetable Oil (HVO) Industry Opportunities and Challenges
- 2.4 Hydrotreated Vegetable Oil (HVO) Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Hydrotreated Vegetable Oil (HVO) Revenue (2021-2026)
- 3.2 Global Top Players by Hydrotreated Vegetable Oil (HVO) Sales (2021-2026)
- 3.3 Global Top Players by Hydrotreated Vegetable Oil (HVO) Price (2021-2026)
- 3.4 Global Hydrotreated Vegetable Oil (HVO) Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Hydrotreated Vegetable Oil (HVO) Major Company Production Sites & Headquarters
- 3.6 Global Hydrotreated Vegetable Oil (HVO) Company, Product Type & Application
- 3.7 Global Hydrotreated Vegetable Oil (HVO) Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Hydrotreated Vegetable Oil (HVO) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Hydrotreated Vegetable Oil (HVO) Players Market Share by Revenue in 2025
- 3.8.3 2025 Hydrotreated Vegetable Oil (HVO) Tier 1, Tier 2, and Tier 3
4 Hydrotreated Vegetable Oil (HVO) Regional Status and Outlook
- 4.1 Global Hydrotreated Vegetable Oil (HVO) Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Hydrotreated Vegetable Oil (HVO) Historic Market Size by Region
- 4.2.1 Global Hydrotreated Vegetable Oil (HVO) Sales in Volume by Region (2021-2026)
- 4.2.2 Global Hydrotreated Vegetable Oil (HVO) Sales in Value by Region (2021-2026)
- 4.2.3 Global Hydrotreated Vegetable Oil (HVO) Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Hydrotreated Vegetable Oil (HVO) Forecasted Market Size by Region
- 4.3.1 Global Hydrotreated Vegetable Oil (HVO) Sales in Volume by Region (2027-2032)
- 4.3.2 Global Hydrotreated Vegetable Oil (HVO) Sales in Value by Region (2027-2032)
- 4.3.3 Global Hydrotreated Vegetable Oil (HVO) Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Hydrotreated Vegetable Oil (HVO) by Application
- 5.1 Hydrotreated Vegetable Oil (HVO) Market by Application
- 5.1.1 Industrial Power System
- 5.1.2 Generator
- 5.1.3 Vehicle
- 5.1.4 Other
- 5.2 Global Hydrotreated Vegetable Oil (HVO) Market Size by Application
- 5.2.1 Global Hydrotreated Vegetable Oil (HVO) Market Size Overview by Application (2021-2032)
- 5.2.2 Global Hydrotreated Vegetable Oil (HVO) Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Hydrotreated Vegetable Oil (HVO) Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Diamond Green Diesel
- 6.1.1 Diamond Green Diesel Company Information
- 6.1.2 Diamond Green Diesel Business Overview
- 6.1.3 Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Diamond Green Diesel Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.1.5 Diamond Green Diesel Recent Developments
- 6.2 Eni
- 6.2.1 Eni Company Information
- 6.2.2 Eni Business Overview
- 6.2.3 Eni Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Eni Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.2.5 Eni Recent Developments
- 6.3 Neste
- 6.3.1 Neste Company Information
- 6.3.2 Neste Business Overview
- 6.3.3 Neste Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Neste Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.3.5 Neste Recent Developments
- 6.4 Preem
- 6.4.1 Preem Company Information
- 6.4.2 Preem Business Overview
- 6.4.3 Preem Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Preem Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.4.5 Preem Recent Developments
- 6.5 Renewable Energy Group
- 6.5.1 Renewable Energy Group Company Information
- 6.5.2 Renewable Energy Group Business Overview
- 6.5.3 Renewable Energy Group Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Renewable Energy Group Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.5.5 Renewable Energy Group Recent Developments
- 6.6 Repsol
- 6.6.1 Repsol Company Information
- 6.6.2 Repsol Business Overview
- 6.6.3 Repsol Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Repsol Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.6.5 Repsol Recent Developments
- 6.7 World Energy
- 6.7.1 World Energy Company Information
- 6.7.2 World Energy Business Overview
- 6.7.3 World Energy Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 World Energy Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.7.5 World Energy Recent Developments
- 6.8 UPM Biofuels
- 6.8.1 UPM Biofuels Company Information
- 6.8.2 UPM Biofuels Business Overview
- 6.8.3 UPM Biofuels Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 UPM Biofuels Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.8.5 UPM Biofuels Recent Developments
- 6.9 TotalEnergies
- 6.9.1 TotalEnergies Company Information
- 6.9.2 TotalEnergies Business Overview
- 6.9.3 TotalEnergies Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 TotalEnergies Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.9.5 TotalEnergies Recent Developments
- 6.10 NextChem(Maire Tecnimont)
- 6.10.1 NextChem(Maire Tecnimont) Company Information
- 6.10.2 NextChem(Maire Tecnimont) Business Overview
- 6.10.3 NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 NextChem(Maire Tecnimont) Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.10.5 NextChem(Maire Tecnimont) Recent Developments
- 6.11 Cepsa
- 6.11.1 Cepsa Company Information
- 6.11.2 Cepsa Business Overview
- 6.11.3 Cepsa Hydrotreated Vegetable Oil (HVO) Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Cepsa Hydrotreated Vegetable Oil (HVO) Product Portfolio
- 6.11.5 Cepsa Recent Developments
7 North America by Country
- 7.1 North America Hydrotreated Vegetable Oil (HVO) Sales by Country
- 7.1.1 North America Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Hydrotreated Vegetable Oil (HVO) Sales by Country (2021-2026)
- 7.1.3 North America Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2027-2032)
- 7.2 North America Hydrotreated Vegetable Oil (HVO) Market Size by Country
- 7.2.1 North America Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Hydrotreated Vegetable Oil (HVO) Market Size by Country (2021-2026)
- 7.2.3 North America Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Hydrotreated Vegetable Oil (HVO) Sales by Country
- 8.1.1 Europe Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Hydrotreated Vegetable Oil (HVO) Sales by Country (2021-2026)
- 8.1.3 Europe Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2027-2032)
- 8.2 Europe Hydrotreated Vegetable Oil (HVO) Market Size by Country
- 8.2.1 Europe Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Hydrotreated Vegetable Oil (HVO) Market Size by Country (2021-2026)
- 8.2.3 Europe Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales by Country
- 9.1.1 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Market Size by Country
- 9.2.1 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Hydrotreated Vegetable Oil (HVO) Sales by Country
- 10.1.1 South America Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Hydrotreated Vegetable Oil (HVO) Sales by Country (2021-2026)
- 10.1.3 South America Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2027-2032)
- 10.2 South America Hydrotreated Vegetable Oil (HVO) Market Size by Country
- 10.2.1 South America Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Hydrotreated Vegetable Oil (HVO) Market Size by Country (2021-2026)
- 10.2.3 South America Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales by Country
- 11.1.1 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Market Size by Country
- 11.2.1 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Hydrotreated Vegetable Oil (HVO) Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Hydrotreated Vegetable Oil (HVO) Value Chain Analysis
- 12.1.1 Hydrotreated Vegetable Oil (HVO) Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Hydrotreated Vegetable Oil (HVO) Production Mode & Process
- 12.2 Hydrotreated Vegetable Oil (HVO) Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Hydrotreated Vegetable Oil (HVO) Distributors
- 12.2.3 Hydrotreated Vegetable Oil (HVO) Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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