水素化分解植物油（HVO）の世界市場（2024年～2031年）

世界の水素化分解植物油（HVO）の市場規模は、予測期間中（2024年～2031年）に12.4%の大幅なCAGRで成長すると予測されます。加水分解植物油は、植物油や動物性脂肪のような植物由来の原料から作られ、従来のディーゼル燃料の持続可能で再生可能な代替品です。不純物を取り除き、酸素濃度を下げる水素化処理を行うことで、現行のディーゼル・エンジンで使用できる高品位で低排出ガスのディーゼル代替燃料となります。

市場力学

よりクリーンな燃料への需要の高まり

これらの燃料は、従来のディーゼル燃料と比べて二酸化炭素や粒子状物質の排出が少ないためクリーンであり、温室効果ガスの排出を低減します。また、卓越した寒冷地性能とエンジンの改造を必要としない走行能力から、より環境に優しい輸送手段へのシフトにおいて、実現可能で環境に適した代替燃料でもあります。そのため、よりクリーンな燃料に対する世界の需要の高まりが、世界市場の成長を促す重要な要因となっています。

持続可能で再生可能な燃料の人気の高まり

炭素排出を削減し、環境の持続可能性を達成するために、持続可能で再生可能な燃料に対する産業界のニーズが高まった結果、水素化分解植物油の人気が高まっています。これが市場の拡大を後押ししています。水素化分解植物油（HVO）は低炭素燃料であり、温室効果ガスの排出を大幅に削減し、よりクリーンな燃焼燃料を生産します。HVOは、従来のディーゼル燃料や化石燃料に代わる、環境的に許容可能な燃料です。

市場セグメンテーション

世界の水素化分解植物油（HVO）市場を詳細に分析した結果、タイプ別と用途別に以下のように区分することができます：

• タイプ別では、市場は純HVOとコプロセシングに細分化されます。
• 用途別では、市場は輸送、産業用発電、その他に区分されます。

純HVOが最大セグメントとして台頭する見通し

純HVOはHVOの中でも使用量が多く、従来の燃料に比べて環境への影響が低いことが、この市場セグメントの成長を後押ししています。純HVOの原料は再生可能で、大気中に二酸化炭素（CO2）を放出しません。

輸送サブセグメントが大きなシェアを占める

HVOは輸送業界で広く利用されています。排ガスを出さない自動車の人気が高まっていることが、輸送業界におけるHVOの普及に影響を与えています。より厳しい排ガス規制の導入に伴い、道路輸送会社は、HVOがより環境に優しい未来への道をリードすると期待しています。

地域別展望

世界の水素化分解植物油市場は、北米（米国、カナダ）、欧州（英国、イタリア、スペイン、ドイツ、フランス、その他欧州）、アジア太平洋（インド、中国、日本、韓国、その他アジア太平洋）、世界のその他の地域（中東・アフリカ、ラテンアメリカ）を含む地域別にさらに区分されます。

アジア太平洋諸国は需要増に対応するため新工場を建設中

• アジア太平洋ではHVOを生産する工場が増加しており、HVOの生産能力が拡大しています。
• 石油系ディーゼルに代わって、寒冷地での性能が高く、メンテナンスの手間が少ない再生可能燃料への需要が高まり、市場需要が拡大しています。

北米が主要市場シェアを占める

米国では、水素化分解植物油へのニーズが高まっています。HVO分野は、二酸化炭素排出量削減への関心の高まりと、再生可能エネルギーへの継続的な転換により拡大しています。HVO燃料では、設備投資なしでネット・ゼロ目標を達成することが容易かつ迅速にでき、その結果、温室効果ガス排出量を10.0％削減することができます。その結果、化石ディーゼル燃料を持続的に代替することができます。持続可能な燃料として、この石油の航空分野での利用が拡大しています。その受け入れもまた、市場拡大のための重要な動向に変わりつつあります。この地域の産業は、自動車分野のHVOに対する爆発的な需要の結果として成長しています。

目次

第1章 レポート概要

• 業界の現状分析と成長可能性の展望
• 調査方法とツール
• 市場内訳
  • セグメント別
  • 地域別

第2章 市場概要と洞察

• 調査範囲
• アナリストの洞察と現在の市場動向
  • 主な調査結果
  • 推奨事項
  • 結論

第3章 競合情勢

• 主要企業分析
• Neste Oyj
  • 概要
  • 財務分析
  • SWOT分析
  • 最近の動向
• Repsol S.A.
  • 概要
  • 財務分析
  • SWOT分析
  • 最近の動向
• Valero Energy Corp.
  • 概要
  • 財務分析
  • SWOT分析
  • 最近の動向
• 主要戦略分析

第4章 市場セグメンテーション

• 水素化分解植物油の世界市場：タイプ別
  • 純HVO
  • コプロセシング
• 水素化分解植物油の世界市場：用途別
  • 輸送
  • 産業用発電機
  • その他

第5章 地域分析

• 北米
  • 米国
  • カナダ
• 欧州
  • 英国
  • ドイツ
  • イタリア
  • スペイン
  • フランス
  • その他欧州
• アジア太平洋
  • 中国
  • インド
  • 日本
  • 韓国
  • その他アジア太平洋
• 世界のその他の地域
  • ラテンアメリカ
  • 中東・アフリカ

第6章 企業プロファイル

• Advanced Biofuels
• Cepsa
• Chevron Corp.
• ConocoPhillips
• Diamond Green Diesel
• Eni S.p.A.
• Green Biofuels Ltd.
• Preem AB
• Rapid Energy Ltd.
• Renewable Energy Group（REG）
• Shell Plc
• St1 Oy
• Total SA
• UPM Biofuels
• WatsonFuels

LIST OF TABLES

• 1. Global Hydrotreated Vegetable Oil Market Research And Analysis By Type, 2023-2031 ($ Million)
• 2. Global Pure HVO Market Research And Analysis By Region, 2023-2031 ($ Million)
• 3. Global Co-Processing Hydrotreated Vegetable Oil Market Research And Analysis By Region, 2023-2031 ($ Million)
• 4. Global Hydrotreated Vegetable Oil Market Research And Analysis By Application, 2023-2031 ($ Million)
• 5. Global Hydrotreated Vegetable Oil For Transportation Market Research And Analysis By Region, 2023-2031 ($ Million)
• 6. Global Hydrotreated Vegetable Oil For Industrial Power Generators Market Research And Analysis By Region, 2023-2031 ($ Million)
• 7. Global Hydrotreated Vegetable Oil For Others Market Research And Analysis By Region, 2023-2031 ($ Million)
• 8. Global Hydrotreated Vegetable Oil Market Research And Analysis By Region, 2023-2031 ($ Million)
• 9. North American Hydrotreated Vegetable Oil Market Research And Analysis By Country, 2023-2031 ($ Million)
• 10. North American Hydrotreated Vegetable Oil Market Research And Analysis By Type, 2023-2031 ($ Million)
• 11. North American Hydrotreated Vegetable Oil Market Research And Analysis By Application, 2023-2031 ($ Million)
• 12. European Hydrotreated Vegetable Oil Market Research And Analysis By Country, 2023-2031 ($ Million)
• 13. European Hydrotreated Vegetable Oil Market Research And Analysis By Type, 2023-2031 ($ Million)
• 14. European Hydrotreated Vegetable Oil Market Research And Analysis By Application, 2023-2031 ($ Million)
• 15. Asia-Pacific Hydrotreated Vegetable Oil Market Research And Analysis By Country, 2023-2031 ($ Million)
• 16. Asia-Pacific Hydrotreated Vegetable Oil Market Research And Analysis By Type, 2023-2031 ($ Million)
• 17. Asia-Pacific Hydrotreated Vegetable Oil Market Research And Analysis By Application, 2023-2031 ($ Million)
• 18. Rest Of The World Hydrotreated Vegetable Oil Market Research And Analysis By Region, 2023-2031 ($ Million)
• 19. Rest Of The World Hydrotreated Vegetable Oil Market Research And Analysis By Type, 2023-2031 ($ Million)
• 20. Rest Of The World Hydrotreated Vegetable Oil Market Research And Analysis By Application, 2023-2031 ($ Million)

LIST OF FIGURES

• 1. Global Hydrotreated Vegetable Oil Market Share By Type, 2023 Vs 2031 (%)
• 2. Global Pure HVO Market Share By Region, 2023 Vs 2031 (%)
• 3. Global Co-Processing Hydrotreated Vegetable Oil Market Share By Region, 2023 Vs 2031 (%)
• 4. Global Hydrotreated Vegetable Oil Market Share By Application, 2023 Vs 2031 (%)
• 5. Global Hydrotreated Vegetable Oil For Transportation Market Share By Region, 2023 Vs 2031 (%)
• 6. Global Hydrotreated Vegetable Oil For Industrial Power Generators Market Share By Region, 2023 Vs 2031 (%)
• 7. Global Hydrotreated Vegetable Oil For Others Market Share By Region, 2023 Vs 2031 (%)
• 8. Global Hydrotreated Vegetable Oil Market Share By Region, 2023 Vs 2031 (%)
• 9. US Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 10. Canada Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 11. UK Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 12. France Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 13. Germany Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 14. Italy Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 15. Spain Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 16. Rest Of Europe Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 17. India Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 18. China Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 19. Japan Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 20. South Korea Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 21. Rest Of Asia-Pacific Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 22. Latin America Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)
• 23. Middle East And Africa Hydrotreated Vegetable Oil Market Size, 2023-2031 ($ Million)

Global Hydrotreated Vegetable Oil Market Size, Share & Trends Analysis Report by Type (Pure HVO and Co-Processing), and by Application (Transportation, Industrial Power Generators and Others) Forecast Period (2024-2031)

The hydrotreated vegetable oil market is anticipated to grow at a significant CAGR of 12.4% during the forecast period (2024-2031). Hydrotreated vegetable oil, which comes from plant-based sources like vegetable oils or animal fats, is a sustainable and renewable substitute for conventional diesel fuel. It goes through a hydrotreatment procedure that takes out impurities and lowers the oxygen level, making it a high-grade, low-emission diesel replacement that works with current diesel engines.

Market Dynamics

Growing demand for cleaner fuels

These fuels are cleaner as when compared to conventional diesel fuels it emits less carbon dioxide and particulate matter, which lowers greenhouse gas emissions. It is also a feasible and environmentally suitable substitute in the shift to more environmentally friendly transportation options because of its exceptional cold-weather performance and ability to run without the need for engine modifications. Therefore, the growing demand for cleaner fuels globally is a key factor driving the growth of the global market.

The rising popularity of sustainable and renewable fuels

Hydrotreated vegetable oil is becoming increasingly popular as a result of industries' increased need for sustainable and renewable fuels to cut carbon emissions and achieve environmental sustainability. This is propelling the market's expansion. Hydrotreated vegetable oil (HVO) is a low-carbon fuel that produces a cleaner burning fuel with a considerable reduction in greenhouse gas emissions. It is an environmentally acceptable substitute for conventional diesel and fossil fuels.

Market Segmentation

Our in-depth analysis of the global hydrotreated vegetable oil market includes the following segments by type and application:

• Based on type, the market is sub-segmented into pure HVO and co-processing.
• Based on application, the market is segmented into transportation, industrial power generators and others.

Pure HVO is Projected to Emerge as the Largest Segment

Pure HVO is a highly used HVO form, the lower environmental effect of pure HVO compared to traditional fuels is driving the growth of this market segment. The raw materials used to make pure HVO are renewable and do not release any additional carbon dioxide (CO2) into the atmosphere.

Transportation Sub-segment to Hold a Considerable Market Share

HVO is widely utilized in the transportation industry. The increasing popularity of emissions-free automobiles has an impact on the widespread use of HVO in the transportation industry. With the introduction of stricter emissions rules, road transport companies expect HVO to lead the way toward a more environmentally friendly future.

Regional Outlook

The global hydrotreated vegetable oil market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).

Asia-Pacific countries have new plants to meet the rising demand

• The number of plants producing HVO is growing in the Asia-Pacific, which is expanding the HVO production capacity.
• Growing demand for renewable fuel in place of petroleum-based diesel, which offers better performance in cold climates and requires less maintenance results in greater market demand.

North America Holds Major Market Share

In the US, there is an increasing need for vegetable oil that has been hydrotreated. The HVO sector is expanding due to growing concerns about lowering carbon emissions and the continuous switch to renewable energy sources. With HVO fuel, achieving a net zero goal without the requirement for CAPEX is easy and rapid, resulting in a 10.0% reduction in greenhouse gas emissions. Due to this, the fuel can sustainably replace fossil diesel. The growing use of this oil in aviation as a sustainable fuel. Its acceptance is also turning into a crucial trend for market expansion. The regional industry is growing as a result of the automobile sector's explosive demand for HVO.

Market Players Outlook

The major companies serving the global hydrotreated vegetable oil market include Neste, Valero Energy, Repsol, UPM Biofuels and Preem AB, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in January 2023, Neste acquired the used cooking oil collection and aggregation business from Crimson Renewable Energy in the United States. The acquisition includes shares in SeQuential Environmental Services, LLC, and Pure, LLC, as well as a UCO processing plant in Salem, Oregon. Neste acquired a leading UCO collection and recycling business on the US West Coast, covering the collection, logistics, and storage of UCO in California, Oregon, and Washington.

Table of Contents

1. Report Summary

• Current Industry Analysis and Growth Potential Outlook
• 1.1. Research Methods and Tools
• 1.2. Market Breakdown
  • 1.2.1. By Segments
  • 1.2.2. By Region

2. Market Overview and Insights

• 2.1. Scope of the Report
• 2.2. Analyst Insight & Current Market Trends
  • 2.2.1. Key Findings
  • 2.2.2. Recommendations
  • 2.2.3. Conclusion

3. Competitive Landscape

• 3.1. Key Company Analysis
• 3.2. Neste Oyj
  • 3.2.1. Overview
  • 3.2.2. Financial Analysis
  • 3.2.3. SWOT Analysis
  • 3.2.4. Recent Developments
• 3.3. Repsol S.A.
  • 3.3.1. Overview
  • 3.3.2. Financial Analysis
  • 3.3.3. SWOT Analysis
  • 3.3.4. Recent Developments
• 3.4. Valero Energy Corp.
  • 3.4.1. Overview
  • 3.4.2. Financial Analysis
  • 3.4.3. SWOT Analysis
  • 3.4.4. Recent Developments
• 3.5. Key Strategy Analysis

4. Market Segmentation

• 4.1. Global Hydrotreated Vegetable Oil Market by Type
  • 4.1.1. Pure HVO
  • 4.1.2. Co-Processing
• 4.2. Global Hydrotreated Vegetable Oil Market by Application
  • 4.2.1. Transportation
  • 4.2.2. Industrial Power Generators
  • 4.2.3. Others

5. Regional Analysis

• 5.1. North America
  • 5.1.1. United States
  • 5.1.2. Canada
• 5.2. Europe
  • 5.2.1. UK
  • 5.2.2. Germany
  • 5.2.3. Italy
  • 5.2.4. Spain
  • 5.2.5. France
  • 5.2.6. Rest of Europe
• 5.3. Asia-Pacific
  • 5.3.1. China
  • 5.3.2. India
  • 5.3.3. Japan
  • 5.3.4. South Korea
  • 5.3.5. Rest of Asia-Pacific
• 5.4. Rest of the World
  • 5.4.1. Latin America
  • 5.4.2. Middle East & Africa

6. Company Profiles

• 6.1. Advanced Biofuels
• 6.2. Cepsa
• 6.3. Chevron Corp.
• 6.4. ConocoPhillips
• 6.5. Diamond Green Diesel
• 6.6. Eni S.p.A.
• 6.7. Green Biofuels Ltd.
• 6.8. Preem AB
• 6.9. Rapid Energy Ltd.
• 6.10. Renewable Energy Group (REG)
• 6.11. Shell Plc
• 6.12. St1 Oy
• 6.13. Total SA
• 6.14. UPM Biofuels
• 6.15. WatsonFuels