Global Diesel Fuel Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Diesel Fuel Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By End-user (Transportation, Industrial, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Diesel Fuel Market was valued at USD 241,217.8 million in 2023 and is expected to reach USD 332,671.2 million by 2031 while growing at a CAGR of 4.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global diesel fuel market growth. Diesel, a liquid fuel derived from crude oil, is widely used in internal combustion engines, especially diesel engines, due to its high energy density. It finds extensive application in transportation, industry, and power generation.
Ongoing advancements in diesel engine technology, encompassing enhancements in fuel efficiency and emissions reduction, along with resilience in heavy-duty vehicles, propel the growth of the diesel fuel market. However, obstacles like stringent emission regulations and rising fuel efficiency standards may impede market expansion.
Furthermore, the global diesel fuel industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By End-user Analysis
The Global Diesel Fuel Market is segmented among Transportation, Industrial, and Others, based on End-user. In 2023, Transportation accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Diesel Fuel Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Chevron Corporation, Exxon Mobil Corporation, PetroChina Company Limited, Qatar Petroleum, Shell Plc, Reliance Industries Ltd, Saudi Arabian Oil Co, SK energy Co., Ltd., NK Rosneft' PAO, and BP plc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Diesel Fuel Market Dynamics
Drivers
Restraints
Opportunity
4. Global Diesel Fuel Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Diesel Fuel Market Segmentation, By End-user
Global Diesel Fuel Market Share Analysis, By End-user
Global Diesel Fuel Market Growth Analysis, By End-user
Global Diesel Fuel Market Trends, By End-user
o Transportation
o Industrial
o Others
6. Global Diesel Fuel Market Segmentation, By Region
Global Diesel Fuel Market Share Analysis, By Region
Global Diesel Fuel Market Growth Analysis, By Region
Global Diesel Fuel Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
7. Competitive Landscape
Chevron Corporation*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Exxon Mobil Corporation
PetroChina Company Limited
Qatar Petroleum
Shell Plc
Reliance Industries Ltd
Saudi Arabian Oil Co
SK energy Co., Ltd.
NK Rosneft' PAO
BP plc
*Similar analysis will be provided for each company listed above.