Chemicals, Fuels & Wood Products

Diesel Fuel: Market Size, Growth & Forecast to 2030

The Diesel Fuel market is valued at about $1.1 billion (2026) and is projected to grow at a 1.7% CAGR through 2030. The largest cost driver is Crude Oil Feedstock (55% of spend). Asia Pacific leads demand at 35%.

Market size
$1.10 bn (2026)
CAGR to 2030
+1.7%
Tracked suppliers
45

Projected market growth to 2030

Market size index, 2026 = 100, at the 1.7% CAGR.

1091061031001002026101.72027103.42028105.220291072030108.82031

Cost structure

Crude Oil Feedstock
55%
Refining and Processing
20%
Logistics and Freight
12%
Taxes and Regulatory Compliance
8%
Marketing and Distribution
5%

Regional demand split

Asia Pacific demand
35%
North America demand
22%
Europe demand
20%
Latin America demand
11%
Rest of world demand
12%

Key suppliers

NesteChevronBPShellTotalEnergiesPhillips 66Marathon Petroleum Corporation
Read the full Diesel Fuel report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/diesel-fuel