Inquire Before Buying - Europe Hydrotreated Vegetable Oil Market Share, Share

Europe Hydrotreated Vegetable Oil Market Research Report: Forecast (2024-2030)

By Type (Pure HVO, Co-processed HVO), By Feedstock (Rapeseed, Sunflower, Soybean, Palm, Others), By Application (Transportation, [Road Transport, Aviation, Others], Power Generatio......n), By Country (Germany, The UK, France, Italy, Spain, Sweden, The Netherlands, Finland, Rest of Europe), By Company (Repsol, Neste, Eni, Cepsa, Preem AB, TotalEnergies, Green Biofuels Limited, Valero, Shell, Watson Fuels, Others ) Read more

Food & Beverages
Oct 2023
Pages 140
Report Format: PDF, Excel, PPT

Market Definition

Hydrotreated vegetable oil (HVO) is a renewable diesel produced from different vegetable oils & fats containing fatty acids. This oil is low in carbon & is a sustainable fuel. As a result, several sectors like power generation & utility, and aviation are readily opting for this oil rather than conventional diesel or petrol.

Market Insights & Analysis: Europe Hydrotreated Vegetable Oil Market (2024-30):

The Europe Hydrotreated Vegetable Oil Market is estimated to grow at a CAGR of around 13.2% during the forecast period, i.e., 2024-30. The factors attributing to the growth in the demand for the HVO are the increasing adoption of these fuel types in several sectors like transportation, aviation & others and rising government initiatives intending to encourage the adoption of sustainable fuels rather than conventional diesel & petrol.

Several end-user industries, such as chemical, automotive, and others in European countries like Italy, Germany, etc., use heavy & medium commercial vehicles for their logistics & transportation purposes to carry raw materials & packaged goods within the country. As a result, fuel consumption is relatively higher for these vehicles, causing carbon emissions. Hence, the companies have laid down sustainability goals & are aligning their efforts to achieve carbon targets and increasingly adopting sustainable fuels, driving the European Hydrotreated Vegetable Oil Market.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	13.2%
Country Covered	Germany, The UK, France, Italy, Spain, Sweden, The Netherlands, Finland, Rest of Europe
Key Companies Profiled	Repsol, Neste, Eni, Cepsa, Preem AB, TotalEnergies, Green Biofuels Limited, Valero, Shell, Watson Fuels, Others
Unit Denominations	USD Million/Billion

Further, carbon emissions have also emerged as global issues, leading to climate change. Therefore, the governments of countries such as Italy, the UK, and others are increasingly laying out initiatives such as Net Zero 2050, Nation ActionPlan on Climate Change, etc., to promote the usage of sustainable transportation fuel, enhancing the requirement for HVO fuel in Europe.

In addition, Europe has an abundance of feedstock, such as vegetable oil, animal fat, etc., required to form the hydrotreated vegetable. This poses an opportunity for HVO manufacturers like Repsol, Neste, Eni, and others to set up their manufacturing units in European countries. Further, the increasing establishment of the companies would help mitigate the supply chain constraints & help make HVO more accessible to the individuals. Hence, the Hydrotreated Vegetable Oil Market in Europe would grow substantially in the forthcoming years.

Europe Hydrotreated Vegetable Oil Market Driver

Increasing Demand for HVO as a Transportation Fuel Amplifying Market Growth – Over the years, carbon emissions in European countries like the UK, Italy, France, etc., have substantially increased due to the rapid industrialization and soaring usage of passenger cars & commercial vehicles. According to European Statistics, in Q4 2022, the carbon emissions were around 938 million tons, an upsurge of about 10% compared to Q3 2022. These emissions resulted in climate changes & numerous health hazards.

Europe Hydrotreated Vegetable Oil Market Research Report (2024-2030) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Biodiesel Overview
1. Current Scenario
2. Global Biodiesel Production & Consumption (Thousand Tons), 2020-2030F
3. Major Biodiesel Producing Countries
4. Major Feedstock Used
5. Linkage Between Biodiesel & Hydrotreated Vegetable Oil (HVO)
6. Others
Comparative Analysis of Biodiesel & HVO
1. Feedstock
2. Environmental Impact
3. Regulatory Landscape
4. Efficiency
5. Others
Recently Launched HVO Production Plants in Europe (2019-2023)
1. By Company
2. By Location
3. By Capacity (Thousand Tons)
Europe Hydrotreated Vegetable Oil Market Trends & Developments
Europe Hydrotreated Vegetable Oil Market Dynamics
1. Drivers
2. Challenges
Europe Hydrotreated Vegetable Oil Market Hotspot & Opportunities
Europe Hydrotreated Vegetable Oil Market Regulations & Policy
Europe Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Size & Analysis
  1. By Type
    1. Pure HVO-Market Size & Forecast 2019-2030, Thousand Tons
    2. Co-processed HVO-Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock
    1. Rapeseed-Market Size & Forecast 2019-2030, Thousand Tons
    2. Sunflower-Market Size & Forecast 2019-2030, Thousand Tons
    3. Soybean-Market Size & Forecast 2019-2030, Thousand Tons
    4. Palm-Market Size & Forecast 2019-2030, Thousand Tons
    5. Others (Jatropha, Coconut Oil, etc.)- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application
    1. Transportation- Market Size & Forecast 2019-2030, Thousand Tons
      1. Road Transport
      2. Aviation
      3. Others (Agricultural, Railways etc.)
    2. Power Generation - Market Size & Forecast 2019-2030, Thousand Tons
  4. By Country
    1. Germany
    2. The UK
    3. France
    4. Italy
    5. Spain
    6. Sweden
    7. The Netherlands
    8. Finland
    9. Rest of Europe
  5. By Competition
    1. Competition Characteristics
    2. Market Share & Analysis
Germany Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons))
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application- Market Size & Forecast 2019-2030, Thousand Tons
The UK Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application- Market Size & Forecast 2019-2030, Thousand Tons
France Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application- Market Size & Forecast 2019-2030, Thousand Tons
Italy Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application- Market Size & Forecast 2019-2030, Thousand Tons
Spain Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application- Market Size & Forecast 2019-2030, Thousand Tons
Sweden Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application- Market Size & Forecast 2019-2030, Thousand Tons
The Netherlands Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application- Market Size & Forecast 2019-2030, Thousand Tons
Finland Hydrotreated Vegetable Oil Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030, Thousand Tons
  2. By Feedstock- Market Size & Forecast 2019-2030, Thousand Tons
  3. By Application- Market Size & Forecast 2019-2030, Thousand Tons
Competitive Outlook
1. Company Profiles
  1. Repsol
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Neste
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Eni
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Cepsa
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Preem AB
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. TotalEnergies
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Green Biofuels Limited
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Valero
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Shell
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Watson Fuels
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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