Hydrocarbons & Petroleum Products · Direct
Monitoring · monthlyProcurement Category Intelligence
Renewable Diesel
Overview
Market size
$30.9B
global, USD
CAGR
8.5%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$46.5B
What changed
Demand by region
North America demand45%
Europe demand35%
Asia Pacific demand12%
Latin America demand5%
Rest of world demand3%
share of global demandtotal 100%
Cost drivers
Agricultural and waste feedstock procurement75%
Hydrogen supply and hydrotreating processing12%
Refinery operational overhead and utilities6%
Logistics, freight, and terminal storage4%
Compliance, certification, and laboratory testing3%
share of delivered cost (analyst estimate)