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 (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 1.7% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 109

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