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Industry Research
HVO-100 Industry Research Report 2026
Market perspective
The global HVO-100 market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for HVO-100 is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for HVO-100 is projected to rise 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 HVO-100 is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of HVO-100 include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global HVO-100 market in revenue (US$ million) and, where applicable, sales volume (kt), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/kt) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to HVO-100.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
HVO-100 Market by Company
Neste
Shell
Phillips 66
Valero
Star Oilco
ORLEN
OG Clean Fuels
Moeve
Crown Oil
Afton Chemical
HVO-100 Segment by Type
Source of Waste Oil and Fat
Source of Industrial Residues
Others
HVO-100 Segment by Application
Ship
Road Vehicles
Non-road Machinery
Others
HVO-100 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 HVO-100 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 HVO-100 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 HVO-100.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of HVO-100 manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of HVO-100 by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of HVO-100 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Source of Waste Oil and Fat
- Source of Industrial Residues
- Others
Applications
- Ship
- Road Vehicles
- Non-road Machinery
- Others
Companies covered
- Neste
- Shell
- Phillips 66
- Valero
- Star Oilco
- ORLEN
- OG Clean Fuels
- Moeve
- Crown Oil
- Afton Chemical
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 HVO-100 by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Source of Waste Oil and Fat
- 2.2.3 Source of Industrial Residues
- 2.2.4 Others
- 2.3 HVO-100 by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Ship
- 2.3.3 Road Vehicles
- 2.3.4 Non-road Machinery
- 2.3.5 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global HVO-100 Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global HVO-100 Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global HVO-100 Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global HVO-100 Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global HVO-100 Production by Manufacturers (2021-2026)
- 3.2 Global HVO-100 Production Value by Manufacturers (2021-2026)
- 3.3 Global HVO-100 Average Price by Manufacturers (2021-2026)
- 3.4 Global HVO-100 Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global HVO-100 Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global HVO-100 Manufacturers, Product Type & Application
- 3.7 Global HVO-100 Manufacturers Established Date
- 3.8 Global HVO-100 Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Neste
- 4.1.1 Neste HVO-100 Company Information
- 4.1.2 Neste HVO-100 Business Overview
- 4.1.3 Neste HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Neste Product Portfolio
- 4.1.5 Neste Recent Developments
- 4.2 Shell
- 4.2.1 Shell HVO-100 Company Information
- 4.2.2 Shell HVO-100 Business Overview
- 4.2.3 Shell HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Shell Product Portfolio
- 4.2.5 Shell Recent Developments
- 4.3 Phillips 66
- 4.3.1 Phillips 66 HVO-100 Company Information
- 4.3.2 Phillips 66 HVO-100 Business Overview
- 4.3.3 Phillips 66 HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Phillips 66 Product Portfolio
- 4.3.5 Phillips 66 Recent Developments
- 4.4 Valero
- 4.4.1 Valero HVO-100 Company Information
- 4.4.2 Valero HVO-100 Business Overview
- 4.4.3 Valero HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Valero Product Portfolio
- 4.4.5 Valero Recent Developments
- 4.5 Star Oilco
- 4.5.1 Star Oilco HVO-100 Company Information
- 4.5.2 Star Oilco HVO-100 Business Overview
- 4.5.3 Star Oilco HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Star Oilco Product Portfolio
- 4.5.5 Star Oilco Recent Developments
- 4.6 ORLEN
- 4.6.1 ORLEN HVO-100 Company Information
- 4.6.2 ORLEN HVO-100 Business Overview
- 4.6.3 ORLEN HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 ORLEN Product Portfolio
- 4.6.5 ORLEN Recent Developments
- 4.7 OG Clean Fuels
- 4.7.1 OG Clean Fuels HVO-100 Company Information
- 4.7.2 OG Clean Fuels HVO-100 Business Overview
- 4.7.3 OG Clean Fuels HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 OG Clean Fuels Product Portfolio
- 4.7.5 OG Clean Fuels Recent Developments
- 4.8 Moeve
- 4.8.1 Moeve HVO-100 Company Information
- 4.8.2 Moeve HVO-100 Business Overview
- 4.8.3 Moeve HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Moeve Product Portfolio
- 4.8.5 Moeve Recent Developments
- 4.9 Crown Oil
- 4.9.1 Crown Oil HVO-100 Company Information
- 4.9.2 Crown Oil HVO-100 Business Overview
- 4.9.3 Crown Oil HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Crown Oil Product Portfolio
- 4.9.5 Crown Oil Recent Developments
- 4.10 Afton Chemical
- 4.10.1 Afton Chemical HVO-100 Company Information
- 4.10.2 Afton Chemical HVO-100 Business Overview
- 4.10.3 Afton Chemical HVO-100 Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Afton Chemical Product Portfolio
- 4.10.5 Afton Chemical Recent Developments
5 Global HVO-100 Production by Region
- 5.1 Global HVO-100 Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global HVO-100 Production by Region: 2021-2032
- 5.2.1 Global HVO-100 Production by Region: 2021-2026
- 5.2.2 Global HVO-100 Production Forecast by Region (2027-2032)
- 5.3 Global HVO-100 Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global HVO-100 Production Value by Region: 2021-2032
- 5.4.1 Global HVO-100 Production Value by Region: 2021-2026
- 5.4.2 Global HVO-100 Production Value Forecast by Region (2027-2032)
- 5.5 Global HVO-100 Market Price Analysis by Region (2021-2026)
- 5.6 Global HVO-100 Production and Value, YOY Growth
- 5.6.1 North America HVO-100 Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe HVO-100 Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China HVO-100 Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan HVO-100 Production Value Estimates and Forecasts (2021-2032)
6 Global HVO-100 Consumption by Region
- 6.1 Global HVO-100 Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global HVO-100 Consumption by Region (2021-2032)
- 6.2.1 Global HVO-100 Consumption by Region: 2021-2026
- 6.2.2 Global HVO-100 Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America HVO-100 Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America HVO-100 Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe HVO-100 Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe HVO-100 Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific HVO-100 Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific HVO-100 Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa HVO-100 Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa HVO-100 Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global HVO-100 Production by Type (2021-2032)
- 7.1.1 Global HVO-100 Production by Type (2021-2032) & (kt)
- 7.1.2 Global HVO-100 Production Market Share by Type (2021-2032)
- 7.2 Global HVO-100 Production Value by Type (2021-2032)
- 7.2.1 Global HVO-100 Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global HVO-100 Production Value Market Share by Type (2021-2032)
- 7.3 Global HVO-100 Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global HVO-100 Production by Application (2021-2032)
- 8.1.1 Global HVO-100 Production by Application (2021-2032) & (kt)
- 8.1.2 Global HVO-100 Production Market Share by Application (2021-2032)
- 8.2 Global HVO-100 Production Value by Application (2021-2032)
- 8.2.1 Global HVO-100 Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global HVO-100 Production Value Market Share by Application (2021-2032)
- 8.3 Global HVO-100 Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 HVO-100 Value Chain Analysis
- 9.1.1 HVO-100 Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 HVO-100 Production Mode & Process
- 9.2 HVO-100 Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 HVO-100 Distributors
- 9.2.3 HVO-100 Customers
10 Global HVO-100 Analyzing Market Dynamics
- 10.1 HVO-100 Industry Trends
- 10.2 HVO-100 Industry Drivers
- 10.3 HVO-100 Industry Opportunities and Challenges
- 10.4 HVO-100 Industry Restraints
11 Report Conclusion
12 Disclaimer
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