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Global HVO-100 Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global HVO-100 Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Waste Cooking Oil
    • 1.3.3 Industrial Waste Fats/oils
    • 1.3.4 Animal Fats
    • 1.3.5 Others
  • 1.4 Market Analysis by Technical Pathways
    • 1.4.1 Overview: Global HVO-100 Consumption Value by Technical Pathways: 2021 Versus 2025 Versus 2032
    • 1.4.2 Hydrodeoxygenation
    • 1.4.3 Isomerization
  • 1.5 Market Analysis by Carbon Intensity
    • 1.5.1 Overview: Global HVO-100 Consumption Value by Carbon Intensity: 2021 Versus 2025 Versus 2032
    • 1.5.2 Low-CI HVO
    • 1.5.3 Medium-CI HVO
    • 1.5.4 High-CI HVO
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global HVO-100 Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Road Vehicles
    • 1.6.3 Non-road Machinery
    • 1.6.4 Ship
    • 1.6.5 Others
  • 1.7 Global HVO-100 Market Size & Forecast
    • 1.7.1 Global HVO-100 Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global HVO-100 Sales Quantity (2021-2032)
    • 1.7.3 Global HVO-100 Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Neste
    • 2.1.1 Neste Details
    • 2.1.2 Neste Major Business
    • 2.1.3 Neste HVO-100 Product and Services
    • 2.1.4 Neste HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Neste Recent Developments/Updates
  • 2.2 Crown Oil
    • 2.2.1 Crown Oil Details
    • 2.2.2 Crown Oil Major Business
    • 2.2.3 Crown Oil HVO-100 Product and Services
    • 2.2.4 Crown Oil HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Crown Oil Recent Developments/Updates
  • 2.3 Moeve
    • 2.3.1 Moeve Details
    • 2.3.2 Moeve Major Business
    • 2.3.3 Moeve HVO-100 Product and Services
    • 2.3.4 Moeve HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Moeve Recent Developments/Updates
  • 2.4 ORLEN
    • 2.4.1 ORLEN Details
    • 2.4.2 ORLEN Major Business
    • 2.4.3 ORLEN HVO-100 Product and Services
    • 2.4.4 ORLEN HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 ORLEN Recent Developments/Updates
  • 2.5 OG Clean Fuels
    • 2.5.1 OG Clean Fuels Details
    • 2.5.2 OG Clean Fuels Major Business
    • 2.5.3 OG Clean Fuels HVO-100 Product and Services
    • 2.5.4 OG Clean Fuels HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 OG Clean Fuels Recent Developments/Updates
  • 2.6 Star Oilco
    • 2.6.1 Star Oilco Details
    • 2.6.2 Star Oilco Major Business
    • 2.6.3 Star Oilco HVO-100 Product and Services
    • 2.6.4 Star Oilco HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Star Oilco Recent Developments/Updates
  • 2.7 Valero
    • 2.7.1 Valero Details
    • 2.7.2 Valero Major Business
    • 2.7.3 Valero HVO-100 Product and Services
    • 2.7.4 Valero HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Valero Recent Developments/Updates
  • 2.8 Phillips 66
    • 2.8.1 Phillips 66 Details
    • 2.8.2 Phillips 66 Major Business
    • 2.8.3 Phillips 66 HVO-100 Product and Services
    • 2.8.4 Phillips 66 HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Phillips 66 Recent Developments/Updates
  • 2.9 Shell
    • 2.9.1 Shell Details
    • 2.9.2 Shell Major Business
    • 2.9.3 Shell HVO-100 Product and Services
    • 2.9.4 Shell HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Shell Recent Developments/Updates
  • 2.10 UPM Biofuels
    • 2.10.1 UPM Biofuels Details
    • 2.10.2 UPM Biofuels Major Business
    • 2.10.3 UPM Biofuels HVO-100 Product and Services
    • 2.10.4 UPM Biofuels HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 UPM Biofuels Recent Developments/Updates
  • 2.11 TotalEnergies
    • 2.11.1 TotalEnergies Details
    • 2.11.2 TotalEnergies Major Business
    • 2.11.3 TotalEnergies HVO-100 Product and Services
    • 2.11.4 TotalEnergies HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 TotalEnergies Recent Developments/Updates
  • 2.12 Enilive
    • 2.12.1 Enilive Details
    • 2.12.2 Enilive Major Business
    • 2.12.3 Enilive HVO-100 Product and Services
    • 2.12.4 Enilive HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Enilive Recent Developments/Updates
  • 2.13 Sinopec
    • 2.13.1 Sinopec Details
    • 2.13.2 Sinopec Major Business
    • 2.13.3 Sinopec HVO-100 Product and Services
    • 2.13.4 Sinopec HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Sinopec Recent Developments/Updates
  • 2.14 ENEOS Corporation
    • 2.14.1 ENEOS Corporation Details
    • 2.14.2 ENEOS Corporation Major Business
    • 2.14.3 ENEOS Corporation HVO-100 Product and Services
    • 2.14.4 ENEOS Corporation HVO-100 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 ENEOS Corporation Recent Developments/Updates

3 Competitive Environment: HVO-100 by Manufacturer

  • 3.1 Global HVO-100 Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global HVO-100 Revenue by Manufacturer (2021-2026)
  • 3.3 Global HVO-100 Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of HVO-100 by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 HVO-100 Manufacturer Market Share in 2025
    • 3.4.3 Top 6 HVO-100 Manufacturer Market Share in 2025
  • 3.5 HVO-100 Market: Overall Company Footprint Analysis
    • 3.5.1 HVO-100 Market: Region Footprint
    • 3.5.2 HVO-100 Market: Company Product Type Footprint
    • 3.5.3 HVO-100 Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global HVO-100 Market Size by Region
    • 4.1.1 Global HVO-100 Sales Quantity by Region (2021-2032)
    • 4.1.2 Global HVO-100 Consumption Value by Region (2021-2032)
    • 4.1.3 Global HVO-100 Average Price by Region (2021-2032)
  • 4.2 North America HVO-100 Consumption Value (2021-2032)
  • 4.3 Europe HVO-100 Consumption Value (2021-2032)
  • 4.4 Asia-Pacific HVO-100 Consumption Value (2021-2032)
  • 4.5 South America HVO-100 Consumption Value (2021-2032)
  • 4.6 Middle East & Africa HVO-100 Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global HVO-100 Sales Quantity by Type (2021-2032)
  • 5.2 Global HVO-100 Consumption Value by Type (2021-2032)
  • 5.3 Global HVO-100 Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global HVO-100 Sales Quantity by Application (2021-2032)
  • 6.2 Global HVO-100 Consumption Value by Application (2021-2032)
  • 6.3 Global HVO-100 Average Price by Application (2021-2032)

7 North America

  • 7.1 North America HVO-100 Sales Quantity by Type (2021-2032)
  • 7.2 North America HVO-100 Sales Quantity by Application (2021-2032)
  • 7.3 North America HVO-100 Market Size by Country
    • 7.3.1 North America HVO-100 Sales Quantity by Country (2021-2032)
    • 7.3.2 North America HVO-100 Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe HVO-100 Sales Quantity by Type (2021-2032)
  • 8.2 Europe HVO-100 Sales Quantity by Application (2021-2032)
  • 8.3 Europe HVO-100 Market Size by Country
    • 8.3.1 Europe HVO-100 Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe HVO-100 Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific HVO-100 Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific HVO-100 Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific HVO-100 Market Size by Region
    • 9.3.1 Asia-Pacific HVO-100 Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific HVO-100 Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America HVO-100 Sales Quantity by Type (2021-2032)
  • 10.2 South America HVO-100 Sales Quantity by Application (2021-2032)
  • 10.3 South America HVO-100 Market Size by Country
    • 10.3.1 South America HVO-100 Sales Quantity by Country (2021-2032)
    • 10.3.2 South America HVO-100 Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa HVO-100 Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa HVO-100 Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa HVO-100 Market Size by Country
    • 11.3.1 Middle East & Africa HVO-100 Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa HVO-100 Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 HVO-100 Market Drivers
  • 12.2 HVO-100 Market Restraints
  • 12.3 HVO-100 Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of HVO-100 and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of HVO-100
  • 13.3 HVO-100 Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 HVO-100 Typical Distributors
  • 14.3 HVO-100 Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global HVO-100 market size was valued at US$ 26.75 million in 2025 and is forecast to a readjusted size of US$ 84.27 million by 2032 with a CAGR of 17.6% during review period.
    In 2025, the global production of HVO-100 reached approximately 24,000 tons, with an average global market price of around US$1,100 per ton. In the same year, the global total production capacity of HVO-100 reached 30,000 tons. The industry average gross profit margin of this product reached 20%-40%.HVO-100 (Hydrotreated Vegetable Oil 100%) is a 100% renewable diesel fuel made by hydrotreating vegetable oil, animal fat or waste oil. Its chemical structure is similar to fossil diesel and can be used directly in conventional diesel engines without modification. It has a higher cetane number (70-90), lower sulfur content, better low-temperature performance and reduces greenhouse gas emissions by up to 90%. HVO-100 complies with EN 15940 standards and is suitable for transportation, shipping and other fields. It is a high-end product among biofuels.
    The HVO-100 industry chain begins upstream with the supply of biomass feedstocks, including used cooking oil (UCO), animal fats, palm oil, and other vegetable oil resources. The midstream comprises the core production phase, where bio-oils are converted into high-purity paraffinic diesel using hydrotreating and isomerization technologies; this segment is dominated by refining companies such as Neste and Chevron Renewable Energy Group. The downstream sector consists of end-use markets, including road transport, off-road machinery, marine fuel, and certain sustainable aviation fuel applications. The entire industry chain relies heavily on the stability of feedstock supplies and policy incentives, exhibiting a structure defined by feedstock constraints, policy drivers, and capital-intensive refining operations.
    Future growth for HVO-100 is primarily driven by global carbon neutrality policies, the demand for alternative transport fuels, and decarbonization efforts in the aviation and shipping sectors. As a "drop-in" fuel solution, it addresses a persistent, long-term demand in heavy-duty transport sectors that are difficult to electrify. While demand is expected to expand alongside the implementation of the EU's RED III, the US Low Carbon Fuel Standard (LCFS), and stricter global shipping emission regulations, growth remains constrained by bottlenecks in feedstock supply (such as waste oils) and high production costs. In the long term, HVO-100 will form part of a multi-pathway decarbonization energy system alongside electrification and hydrogen; it is projected to maintain rapid growth through 2030, though it may subsequently enter a phase characterized by feedstock constraints and price competition.
    This report is a detailed and comprehensive analysis for global HVO-100 market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global HVO-100 market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
    Global HVO-100 market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
    Global HVO-100 market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2021-2032
    Global HVO-100 market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2021-2026
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for HVO-100
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global HVO-100 market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Neste, Crown Oil, Moeve, ORLEN, OG Clean Fuels, Star Oilco, Valero, Phillips 66, Shell, UPM Biofuels, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    HVO-100 market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Waste Cooking Oil
    Industrial Waste Fats/oils
    Animal Fats
    Others
    Market segment by Technical Pathways
    Hydrodeoxygenation
    Isomerization
    Market segment by Carbon Intensity
    Low-CI HVO
    Medium-CI HVO
    High-CI HVO
    Market segment by Application
    Road Vehicles
    Non-road Machinery
    Ship
    Others
    Major players covered
    Neste
    Crown Oil
    Moeve
    ORLEN
    OG Clean Fuels
    Star Oilco
    Valero
    Phillips 66
    Shell
    UPM Biofuels
    TotalEnergies
    Enilive
    Sinopec
    ENEOS Corporation
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe HVO-100 product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of HVO-100, with price, sales quantity, revenue, and global market share of HVO-100 from 2021 to 2026.
    Chapter 3, the HVO-100 competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the HVO-100 breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and HVO-100 market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of HVO-100.
    Chapter 14 and 15, to describe HVO-100 sales channel, distributors, customers, research findings and conclusion.

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