加氫處理植物油 (HVO) 市場規模、佔有率和成長分析（按原料、等級、技術、應用和地區分類）—2026-2033 年產業預測

預計到 2024 年，全球加氫處理植物油 (HVO) 市場規模將達到 206.4 億美元，到 2025 年將達到 227.5 億美元，到 2033 年將達到 494.7 億美元，在預測期（2026-2033 年）內，複合年成長率為 10.2%。

由於對永續生質燃料的需求不斷成長，以及旨在減少碳排放的法規結構日益完善，全球加氫處理植物油 (HVO) 市場正經歷顯著成長。透過加氫處理生產的 HVO 作為一種高品質的傳統生物柴油替代品，具有許多優勢，包括降低氮氧化物排放、優異的儲存穩定性以及與現有柴油引擎和航空燃料的兼容性。其原料利用的靈活性，包括低品質廢棄物，也增加了其吸引力。然而，挑戰仍然存在，例如與技術和基礎設施投資相關的高昂生產成本，以及來自價格較低的石化燃料的競爭。總體而言，在日益增強的環保意識和政府支持的推動下，HVO 正在成為向清潔能源解決方案轉型過程中的關鍵組成部分。

推動全球氫化植物油 (HVO) 市場發展的因素

推動氫化植物油 (HVO) 市場擴張的關鍵因素之一是各國主導為減少碳排放而推出的一系列措施。許多國家都制定了雄心勃勃的標準來減少環境影響，這推動了對再生能源來源和替代燃料的需求。各國政府透過實施各項政策和激勵措施，積極推廣生質燃料和可再生柴油替代品的使用，尤其是在交通運輸領域，該領域是 HVO 的主要消費領域。應對環境挑戰和減少對石化燃料依賴的緊迫性正在推動 HVO 市場的成長，HVO 為傳統的柴油燃料提供了永續且環保的解決方案。

限制全球氫化植物油（HVO）市場的因素

氫化植物油 (HVO) 市場面臨的主要挑戰之一是其生產成本高昂。該製程需要對先進設備和技術進行大量投資，且所用原料價格昂貴。此外，將這些原料轉化為 HVO 需要消耗大量能源和資源，進一步推高了成本。這些高成本可能會嚇退潛在投資者，阻礙市場成長，尤其是在石化燃料等低成本替代能源唾手可得的地區。然而，持續的技術創新和研發投入正在推動成本效益的提升，這有望使 HVO 在未來更具競爭力。

全球氫化植物油（HVO）市場趨勢

全球氫化植物油 (HVO) 市場正呈現出強勁的向可再生燃料轉型趨勢，這主要得益於消費者和監管機構對永續性和碳中和日益成長的關注。這項轉變的主要驅動力是人們對氣候變遷的認知不斷提高，以及各行各業（尤其是交通運輸業）迫切需要減少溫室氣體排放。隨著各國政府收緊排放法規，對 HVO 等低碳替代燃料的需求預計將顯著成長。因此，主要企業正積極投資先進的生產技術和產能擴張，以滿足全球對永續燃料解決方案日益成長的需求。

目錄

介紹

• 調查目標
• 調查範圍
• 定義

調查方法

• 資訊收集
• 二手資料和一手資料方法
• 市場規模預測
• 市場假設與限制

執行摘要

• 全球市場展望
• 供需趨勢分析
• 細分市場機會分析

市場動態與展望

• 市場規模
• 市場動態
  • 促進因素和機遇
  • 限制與挑戰
• 波特分析

關鍵市場考察

• 關鍵成功因素
• 競爭程度
• 關鍵投資機會
• 市場生態系統
• 市場吸引力指數（2025）
• PESTEL 分析
• 總體經濟指標
• 價值鏈分析
• 定價分析
• 監管分析

全球加氫處理植物油（HVO）市場規模（按來源和複合年成長率分類）（2026-2033 年）

• 糧食/飼料作物
  • 大豆油
  • 芥花籽油
  • 葵花籽油
  • 棕櫚油
  • 其他
• 動物脂肪和油脂
  • 脂
  • 豬油
  • 用過的食用油
  • 棕櫚油廠廢水
• 其他（非食用植物油、藻油、精煉產品）

全球加氫處理植物油（HVO）市場規模（按等級分類）及複合年成長率（2026-2033 年）

• 一級：優質HVO
• 2 類：標準級 HVO
• 三級：基礎級 HVO
• 4級：特級HVO

全球加氫處理植物油 (HVO) 市場規模（按技術及複合年成長率分類）（2026-2033 年）

• 獨立式加氫處理技術
• 聯合處理技術

全球加氫處理植物油 (HVO) 市場規模（按應用領域分類）及複合年成長率 (2026-2033)

• 永續航空燃料
• 汽車燃料
• 船用燃料
• 工業發電
• 暖氣燃料
• 農業機械燃料
• 潤滑油

全球加氫處理植物油 (HVO) 市場規模及複合年成長率 (2026-2033)

• 北美洲
  • 美國
  • 加拿大
• 歐洲
  • 德國
  • 西班牙
  • 法國
  • 英國
  • 義大利
  • 其他歐洲地區
• 亞太地區
  • 中國
  • 印度
  • 日本
  • 韓國
  • 亞太其他地區
• 拉丁美洲
  • 巴西
  • 其他拉丁美洲地區
• 中東和非洲
  • 海灣合作理事會國家
  • 南非
  • 其他中東和非洲地區

競爭資訊

• 前五大公司對比
• 主要企業的市場定位（2025 年）
• 主要市場參與者所採取的策略
• 近期市場趨勢
• 公司市佔率分析（2025 年）
• 主要企業公司簡介
  • 公司詳情
  • 產品系列分析
  • 依業務板塊進行公司股票分析
  • 2023-2025年營收年比比較

主要企業簡介

• Neste（Finland）
• REG（Renewable Energy Group）（USA）
• Preem AB（Sweden）
• Eni SpA（Italy）
• TotalEnergies SE（France）
• Shell plc（UK）
• ExxonMobil Corporation（USA）
• Chevron Corporation（USA）
• Valero Energy Corporation（USA）
• Phillips 66（USA）
• Diamond Green Diesel（USA）
• World Energy（USA）
• SkyNRG（Netherlands）
• Neste MY Renewable Diesel（Singapore）
• UPM-Kymmene Corporation（Finland）
• Repsol（Spain）
• VARO Energy（Switzerland）
• Galp（Portugal）
• MOL Group（Hungary）
• Indian Oil Corporation Ltd（India）

結論與建議

Global HVO (Hydrotreated Vegetable Oil) Market size was valued at USD 20.64 Billion in 2024 and is poised to grow from USD 22.75 Billion in 2025 to USD 49.47 Billion by 2033, growing at a CAGR of 10.2% during the forecast period (2026-2033).

The global market for Hydrotreated Vegetable Oil (HVO) is experiencing significant growth driven by the increasing demand for sustainable biofuels and enhanced regulatory frameworks aimed at reducing carbon emissions. HVO, produced through hydroprocessing, offers a high-quality alternative to traditional biodiesel, providing numerous advantages such as lower NOx emissions, excellent storage stability, and compatibility with existing diesel engines and aviation fuels. Its versatility in feedstock utilization, including low-quality waste materials, enhances its appeal. However, challenges persist, such as high production costs due to technology and infrastructure investments, alongside competition from inexpensive fossil fuels. Overall, HVO is positioning itself as a critical component in the transition toward cleaner energy solutions, driven by rising environmental awareness and government support.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global HVO (Hydrotreated Vegetable Oil) market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global HVO (Hydrotreated Vegetable Oil) Market Segments Analysis

Global HVO (Hydrotreated Vegetable Oil) Market is segmented by Source, Grade, Technology, Application and region. Based on Source, the market is segmented into Food and feed crops, Animal fats and Others (non-edible vegetable oil, algae oils, and refining byproducts). Based on Grade, the market is segmented into Class 1: premium grade HVO, Class 2: standard grade HVO, Class 3: basic grade HVO and Class 4: specialty grade HVO. Based on Technology, the market is segmented into Standalone hydrotreating technology and Co-processing technology. Based on Application, the market is segmented into Sustainable aviation fuel, Automotive fuel, Marine fuel, Industrial power generation, Heating fuel, Agricultural equipment fuel and Lubricants. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global HVO (Hydrotreated Vegetable Oil) Market

A significant factor fueling the expansion of the Hydrotreated Vegetable Oil (HVO) market is the rising array of government initiatives aimed at curbing carbon emissions. Numerous countries are establishing ambitious standards to lessen their environmental impact, which in turn boosts the demand for renewable energy sources and alternative fuels. With the implementation of various policies and incentives, governments are actively encouraging the adoption of biofuels and renewable diesel alternatives, particularly within the transportation sector, a major consumer of HVO. The urgent need to tackle environmental challenges and decrease reliance on fossil fuels is propelling the growth of the HVO market, as it offers a sustainable and eco-friendly solution to conventional diesel.

Restraints in the Global HVO (Hydrotreated Vegetable Oil) Market

A significant challenge facing the Hydrotreated Vegetable Oil (HVO) market is the substantial production costs associated with its manufacturing. The process requires considerable investments in advanced equipment and technology, and the feedstock used can also come with a hefty price tag. Furthermore, transforming this feedstock into HVO demands considerable energy and resource input, which further escalates expenses. These high costs can dissuade potential investors and inhibit market growth, particularly in regions where lower-cost alternatives like fossil fuels are readily available. Nonetheless, ongoing innovations and research efforts strive to enhance cost-efficiency, potentially increasing HVO's competitiveness in the future.

Market Trends of the Global HVO (Hydrotreated Vegetable Oil) Market

The Global Hydrotreated Vegetable Oil (HVO) market is witnessing a robust trend towards the adoption of renewable fuels, fueled by an increasing consumer and regulatory focus on sustainability and carbon neutrality. This shift is primarily motivated by heightened awareness of climate change and the urgent need to lower greenhouse gas emissions across various sectors, particularly transportation. As governments implement stricter emission targets, the demand for low-carbon alternatives like HVO is poised for significant expansion. Consequently, key industry players are actively investing in advanced production technologies and capacity enhancements to meet the rising global appetite for sustainable fuel solutions.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Analysis

Global HVO (Hydrotreated Vegetable Oil) Market Size by Source & CAGR (2026-2033)

• Market Overview
• Food and feed crops
  • Soybean oil
  • Canola oil
  • Sunflower oil
  • Palm oil
  • Others
• Animal fats
  • Tallow
  • Lard
  • Used cooking oils
  • Palm oil mill effluent
• Others (Non-edible vegetable oil, Algae oils, and Refining byproducts)

Global HVO (Hydrotreated Vegetable Oil) Market Size by Grade & CAGR (2026-2033)

• Market Overview
• Class 1: premium grade HVO
• Class 2: standard grade HVO
• Class 3: basic grade HVO
• Class 4: specialty grade HVO

Global HVO (Hydrotreated Vegetable Oil) Market Size by Technology & CAGR (2026-2033)

• Market Overview
• Standalone hydrotreating technology
• Co-processing technology

Global HVO (Hydrotreated Vegetable Oil) Market Size by Application & CAGR (2026-2033)

• Market Overview
• Sustainable aviation fuel
• Automotive fuel
• Marine fuel
• Industrial power generation
• Heating fuel
• Agricultural equipment fuel
• Lubricants

Global HVO (Hydrotreated Vegetable Oil) Market Size & CAGR (2026-2033)

• North America (Source, Grade, Technology, Application)
  • US
  • Canada
• Europe (Source, Grade, Technology, Application)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Source, Grade, Technology, Application)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Source, Grade, Technology, Application)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Source, Grade, Technology, Application)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Neste (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• REG (Renewable Energy Group) (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Preem AB (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Eni S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TotalEnergies SE (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shell plc (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ExxonMobil Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chevron Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Valero Energy Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Phillips 66 (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Diamond Green Diesel (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• World Energy (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SkyNRG (Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Neste MY Renewable Diesel (Singapore)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• UPM-Kymmene Corporation (Finland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Repsol (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• VARO Energy (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Galp (Portugal)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MOL Group (Hungary)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Indian Oil Corporation Ltd (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations