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Diesel Fuel Market, Forecast to 2033

Diesel Fuel Market By Type (Petroleum Diesel, Biodiesel, Renewable Diesel); By Application (Transportation, Power Generation, Industrial Use, Agricultural Operations, Marine Operations); By End User (Automotive Sector, Industrial Sector, Commercial Sector, Agricultural Sector, Marine Sector); By Distribution Channel (Retail, Bulk Supply, Direct Contracts), By Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2026-2033

Report ID : 3376 | Publisher ID : Transpire | Published : 2026-01-28 | Pages : 253

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Market Summary

The global Diesel Fuel Market size was valued at USD 1,420.00 billion in 2025 and is projected to reach USD 1,980.00 billion by 2033, growing at a CAGR of 4.00% from 2026 to 2033. The global market for diesel fuel has been showing a steady growth rate because the demand for it is rising steadily in all sectors of the economy—transportation sectors, industries, etc., in addition to powering generators. The use of biodiesels or renewable diesels has also added significantly to the growth rate of the global market for diesel fuel because of measures aimed at protecting the environment in various countries around the world. The development of infrastructure in various nation emerging nations in particular—has also added significantly to the growth rate of global diesel fuel in addition to an increased number of vehicles being deployed in various nations around the world.

Market Size & Forecast

  • 2025 Market Size: USD 1,420.00 Billion
  • 2033 Projected Market Size: USD 1,980.00 Billion
  • CAGR (2026-2033): 4.00%
  • North America: Largest Market in 2026
  • Asia Pacific: Fastest Growing Marketdiesel-fuel-market-size

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Key Market Trends Analysis

  • The demand for petroleum diesel in North America is still high. This is because North America has a lot of infrastructures and many commercial vehicles on the road. The number of vehicles in North America keeps going up and this means the demand for petroleum diesel, in North America, is staying high.
  • North America has seen more people using biodiesel over time. The government has also made rules and given incentives to help companies and people who drive use fuels that are better for the environment. This is happening in industries and with transportation. North America is really focusing on using biodiesel. The government is helping with this by making these rules and giving incentives. The use of biodiesel in North America is getting more popular.
  • Renewable Diesel is gaining momentum in North America as refineries scale up renewable Diesel production to meet carbon reduction targets and renewable fuel demands.
  • Distribution Channels dominated most of the diesel fuel consumption because of growing demand in freight transportation in the United States through increased use of commercial vehicles to drive market growth.
  • In Asia Pacific, petroleum diesel market has strong demand with rapid growth in urbanization, highway infrastructure, and commercial vehicles in China, India, and Southeast Asia.
  • Biodiesel fuel and renewable diesel, in Asia Pacific are getting more popular. The government is helping biodiesel fuel and renewable diesel by making rules that say people must mix them with fuels. There are also rules to protect the environment and money is being spent to make biodiesel fuel and renewable diesel. This is all happening because the government wants to support biodiesel fuel and renewable diesel.

The Global Diesel Fuel Market is important for the energy sector. This market is about diesel fuel, which includes the regular kind made from petroleum, the kind used for farming and the kind made from renewable sources. We mainly use diesel fuel for transportation in factories on farms and to make energy.

Distribution Channels are also a part of this. Fuel oil is a type of diesel that works well for transportation. The demand for diesel fuel is changing because of things, like more people being born cities getting bigger and people needing energy. This is happening in both poor countries. The Global Diesel Fuel Market is affected by these things. Additionally, stringent regulatory policies supporting low-emitting fuels and sustainability are impacting market growth.

Petroleum diesel fuels remain popular in industry, especially in areas that have advanced infrastructure in terms of transportation. Biodiesel fuels are increasingly being used in many countries due to the implementation of serious environmental regulations that have been enacted in response to ever-tighter environmental regulations and policies in support of cleaner fuels. There is significant adoption of alternative fuels in new growing economies in the Asia Pacific region and in Latin America. These fuels are essential in cutting carbon emissions in these growing economies.

Contemplating on the regions served by the biodiesel industry in relation to this fact, there are already mature markets in North America as well as Europe with strict regulations in place and high levels of biodiesel already being incorporated. Asia Pacific is also showing high levels of growth with urbanization levels at the higher end in this part of the world. South America as well as Middle East/Africa are showing higher levels of growth due to developing levels of infrastructure as well as energy demand.

Diesel Fuel Market Segmentation

By Type

  • Petroleum Diesel, Biodiesel, Renewable Diesel

Though Petroleum Diesel has the largest share in the market in terms of the fuel's "energy value, availability, and primary usage in performing operations with modes of transport," Biodiesel and Renewable Diesel segments are growing in the market in terms of environmental regulations and specification.diesel-fuel-market-type

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By Distribution Channel

  • Transportation, Power Generation, Industrial Use, Agricultural Operations, Marine Operations

The segment with the greatest size under Distribution Channel is still Transportation, with increasing commercial vehicle fleets and logistics activities. Steady demand is also coming from Power Generation and Industrial Use. Agricultural Operations and Marine Operation are growing at a stable rate with increasing mechanization and ship operations around the world.

By End User

  • Automotive Sector, Industrial Sector, Commercial Sector, Agricultural Sector, Marine Sector

Automotive Sector and Commercial Sector rank the highest for diesel demand in the market. Industrial Sector, Agricultural Sector, and Marine Sector consume stable quantities of diesel for energy demand away from the grid and for the operation of the maritime industries worldwide.

By Distribution Channel

  • Retail, Bulk Supply, Direct Contracts

Retail distribution facilitates access to end users, whereas Bulk Supply and Direct Contracts meet industrial and commercial needs. In summary, this increases access to reliable supply, efficiency, and fuel consumption, especially to those regions that require these services due to high transportation and industrial needs.

Regional Insights

Overall, the international diesel fuel marketplace has different marketplace dynamics shaped by factors including economies of scale, industrialization trends, and government policies that govern related sectors in the marketplace. Similarly, in the North America Marketplace Segment, USA, Canada, and Mexico group to form the Tier 1 Marketplace Segment, which accounts for significant Petroleum Diesel consumption in accordance with the preponderance of infrastructural development in the region.

Europe has the Tier-1 countries like Germany, the UK, France, Spain, Italy, etc. Next comes the region known as the Rest of Europe. Tier-2 countries constitute the Rest of Europe. It is a region of increasing consumption of diesel fuels with the support of the increasing industrial and transportation sectors. In the APAC region, the Tier 1 economies that include China, India, Japan, South Korea, and Australia & New Zealand are contributing to high volume growth because of high levels of urbanization together with an increase in highway infrastructure and commercial vehicle traffic. Rest of Asia Pacific forms Tier-2 markets with steady growth supported by agricultural mechanization and industrial demand.

South America and Middle East Africa are regarded as Tier-2 markets in nature. The major markets are Brazil, Argentina, Saudi Arabia, UAE, and South Africa. The growth is supported through infrastructure development activities and energy demand and continuing adoption of biodiesel and renewable diesel fuels.diesel-fuel-market-region

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Recent Development News

  • September 2025, Shell will not restart construction of its Rotterdam biofuels plant (Shell announced it will discontinue the biofuels facility in Rotterdam, which was planned to produce renewable diesel and SAF, to focus investments on more competitive projects). Shell will not restart construction of Rotterdam biofuels plant

Source:https://www.shell.com/news-and-insights/newsroom/news-and-media-releases/2025/shell-not-restart-construction-rotterdam-biofuels-plant.html

  • Dec 08, 2025, Saudi Aramco and ExxonMobil sign venture framework agreement related to refining and fuel product upgrades — Saudi Arabian Oil Company (Saudi Aramco) and ExxonMobil, along with Samref, signed a venture framework agreement in December 2025 to study upgrades at the Yanbu refinery, potentially enhancing production of diesel and other distillates.

Source:https://www.arabnews.com/node/2625486/business-economy

Report Metrics

Details

Market size value in 2025

USD 1,420.00 Billion

Market size value in 2026

USD 1,500.00 Billion

Revenue forecast in 2033

USD 1,980.00 Billion

Growth rate

CAGR of 4.00% from 2026 to 2033

Base year

2025

Historical data

2021 – 2024

Forecast period

2026 – 2033

Report coverage

Revenue forecast, competitive landscape, growth factors, and trends

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

United States; Canada; Mexico; United Kingdom; Germany; France; Italy; Spain; Denmark; Sweden; Norway; China; Japan; India; Australia; South Korea; Thailand; Brazil; Argentina; South Africa; Saudi Arabia; United Arab Emirates

Key company profiled

Shell Plc, Saudi Arabian Oil Company (Saudi Aramco), PetroChina Company Limited, ExxonMobil Corporation, BP Plc, Chevron Corporation, Reliance Industries Limited, Marathon Petroleum Corporation, Valero Energy Corporation, Neste Oyj, ConocoPhillips, Eni S.p.A., Phillips 66, World Energy, Diamond Green Diesel

Customization scope

Free report customization (country, regional & segment scope). Avail customized purchase options to meet your exact research needs.

Report Segmentation

By Type (Petroleum Diesel, Biodiesel, Renewable Diesel); By Distribution Channel (Transportation, Power Generation, Industrial Use, Agricultural Operations, Marine Operations); By End User (Automotive Sector, Industrial Sector, Commercial Sector, Agricultural Sector, Marine Sector); By Distribution Channel (Retail, Bulk Supply, Direct Contracts)

Key Diesel Fuel Company Insights

Shell Plc is a major global diesel fuel seller with its strong presence underpinned by its integration in refining, distribution, and developing alternative fuels. Shell has a strong market position in petroleum diesel with a strategic drive to grow its presence in biodiesel and renewable diesel fuels in harmony with various global decarbonization initiatives. Shell has large-scale refining capabilities and a retail supply infrastructure with extensive global scale, ensuring a high standard of supply reliability and market reach. Additionally, its strong portfolio and growing presence in sustainable fuels and logistics optimization and alignment with regulations make Shell a sustainably resilient and forward-looking market leader in terms of a long-term competitive market standpoint.

Key Diesel Fuel Companies:

Global Diesel Fuel Market Report Segmentation

By Type

  • Petroleum Diesel
  • Biodiesel
  • Renewable Diesel

By Application

  • Transportation
  • Power Generation
  • Industrial Use
  • Agricultural Operations
  • Marine Operations

By End User

  • Automotive Sector
  • Industrial Sector
  • Commercial Sector
  • Agricultural Sector
  • Marine Sector

By Distribution Channel

  • Retail
  • Bulk Supply
  • Direct Contracts

Regional Outlook

  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Australia & New Zealand
    • South Korea
    • India
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • Rest of the Middle East & Africa

1. Introduction
1.1. Report Description
1.2. Overview of the Diesel Fuel Market: Definition
1.3. Market Research Scope
1.4. Market Covered: Regional Scope
1.5. Years Considered for The Study
1.6. Currency and Pricing
2. Research Methodology
2.1. Description
2.1.1. Market Research Process
2.1.2. Information Procurement
2.1.3. Data Analysis
2.1.4. Market Formulation & Validation
3. Executive Summary
3.1. Key Insight of the Study
3.2. Segmentation Outlook By Type
3.3. Segmentation Outlook By Application
3.4. Segmentation Outlook By End User
3.5. Segmentation Outlook By Distribution Channel
3.6. Segmentation Outlook by Region
4. Diesel Fuel Market – Industry Outlook
4.1. Impact of COVID-19 on the Market
4.2. Market Attractiveness Analysis
4.2.1. Market Attractiveness Analysis By Type
4.2.2. Market Attractiveness Analysis by Region
4.3. Industry Swot Analysis
4.3.1. Strength
4.3.2. Weakness
4.3.3. Opportunities
4.3.4. Threats
4.4. Porter's Five Forces Analysis
4.4.1. Threat of New Entrants
4.4.2. Bargaining Power of Suppliers
4.4.3. Bargaining Power of Buyers
4.4.4. Threat of Substitutes
4.4.5. Industry Rivalry
4.5. Pointers Covered at the Micro Level
4.5.1. Customers
4.5.2. The Supply and Demand Side
4.5.3. Shareholders and Investors
4.5.4. Media, Advertising, and Marketing
4.6. Pointers Covered at the Macro Level
4.6.1. Economic Factors
4.6.2. Technological Advancements
4.6.3. Regulatory Environment
4.6.4. Societal and Cultural Trends
4.7. Value Chain
4.7.1. Raw Material Sourcing
4.7.2. Manufacturing/Processing
4.7.3. Quality Control and Testing
4.7.4. Packaging and Distribution
4.7.5. End-Use Segment 4S
4.8. Impact of AI Across Leading Economies
5. Market Overview and Key Dynamics
5.1. Market Dynamics
5.2. Drivers
5.2.1. Growth in commercial transportation and logistics demand
5.2.2. Infrastructure development and industrial expansion in emerging economies
5.3. Restraints and Challenges
5.3.1. Stringent Environmental Regulations on diesel emissions
5.3.2. Volatility in crude oil prices impacting fuel costs
5.4. Opportunities
5.4.1. Rising adoption of biodiesel and renewable diesel
5.4.2. Expansion of distribution infrastructure in developing regions
6. Global Diesel Fuel Market Insights and Forecast Analysis
6.1.1. Global Diesel Fuel Market Analysis and Forecast
7. Diesel Fuel Market Insights & Forecast Analysis, By Type – 2021 to 2033
7.1. Diesel Fuel Market Analysis and Forecast, By Type
7.1.1. Petroleum Diesel
7.1.2. Biodiesel
7.1.3. Renewable Diesel
8. Diesel Fuel Market Insights & Forecast Analysis, By Application – 2021 to 2033
8.1. Diesel Fuel Market Analysis and Forecast, By Application
8.1.1. Transportation
8.1.2. Power Generation
8.1.3. Industrial Use
8.1.4. Agricultural Operations
8.1.5. Marine Operations
9. Diesel Fuel Market Insights & Forecast Analysis, By End User – 2021 to 2033
9.1. Diesel Fuel Market Analysis and Forecast, By End User
9.1.1. Automotive Sector
9.1.2. Industrial Sector
9.1.3. Commercial Sector
9.1.4. Agricultural Sector
9.1.5. Marine Sector
10. Diesel Fuel Market Insights & Forecast Analysis, By Distribution Channel – 2021 to 2033
10.1. Diesel Fuel Market Analysis and Forecast, By Distribution Channel
10.1.1. Retail
10.1.2. Bulk Supply
10.1.3. Direct Contracts
11. Diesel Fuel Market Insights & Forecast Analysis, By Region – 2021 to 2033
11.1. Diesel Fuel Market, By Region
11.2. North America Diesel Fuel Market, By Type
11.2.1. North America Diesel Fuel Market, By Type, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.3. North America Diesel Fuel Market, By Application
11.3.1. North America Diesel Fuel Market, By Application, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.4. North America Diesel Fuel Market, By End User
11.4.1. North America Diesel Fuel Market, By End User, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.5. North America Diesel Fuel Market, By Distribution Channel
11.5.1. North America Diesel Fuel Market, By Distribution Channel, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.6. North America Diesel Fuel Market Insights & Forecast Analysis, BY Segmentation and Country – 2021 - 2033
11.7. North America Diesel Fuel Market, By Country
11.7.1. United States
11.7.2. Canada
11.7.3. Mexico
11.8. Europe Diesel Fuel Market, By Type
11.8.1. Europe Diesel Fuel Market, By Type, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.9. Europe Diesel Fuel Market, By Application
11.9.1. North America Diesel Fuel Market, By Application, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.10. Europe Diesel Fuel Market, By End User
11.10.1. Europe Diesel Fuel Market, By End User, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.11. Europe Diesel Fuel Market, By Distribution Channel
11.11.1. Europe Diesel Fuel Market, By Distribution Channel, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.12. Europe Diesel Fuel Market Insights & Forecast Analysis, BY Segmentation and Country – 2021 - 2033
11.13. Europe Diesel Fuel Market, By Country
11.13.1. Germany
11.13.2. United Kingdom
11.13.3. France
11.13.4. Italy
11.13.5. Spain
11.13.6. Rest of Europe
11.14. Asia Pacific Diesel Fuel Market, By Type
11.14.1. Asia Pacific Diesel Fuel Market, By Type, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.15. Asia Pacific Diesel Fuel Market, By Application
11.15.1. Asia Pacific Diesel Fuel Market, By Application, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.16. Asia Pacific Diesel Fuel Market, By End User
11.16.1. Asia Pacific Diesel Fuel Market, By End User, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.17. Asia Pacific Diesel Fuel Market, By Distribution Channel
11.17.1. Asia Pacific Diesel Fuel Market, By Distribution Channel, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.18. Asia Pacific Diesel Fuel Market Insights & Forecast Analysis, BY Segmentation and Country – 2021 - 2033
11.19. Asia Pacific Diesel Fuel Market, By Country
11.19.1. China
11.19.2. India
11.19.3. Japan
11.19.4. Australia
11.19.5. South Korea
11.19.6. Rest of Asia
11.20. South America Diesel Fuel Market, By Type
11.20.1. South America Diesel Fuel Market, By Type, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.21. South America Diesel Fuel Market, By Application
11.21.1. South America Diesel Fuel Market, By Application, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.22. South America Diesel Fuel Market, By End User
11.22.1. South America Diesel Fuel Market, By End User, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.23. South America Diesel Fuel Market, By Distribution Channel
11.23.1. South America Diesel Fuel Market, By Distribution Channel, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.24. South America Diesel Fuel Market Insights & Forecast Analysis, BY Segmentation and Country – 2021 - 2033
11.25. South America Diesel Fuel Market, By Country
11.25.1. Brazil
11.25.2. Argentina
11.25.3. Rest of South America
11.26. Middle East and Africa Diesel Fuel Market, By Type
11.26.1. Middle East and Africa Diesel Fuel Market, By Type, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.27. Middle East and Africa Diesel Fuel Market, By Application
11.27.1. Middle East and Africa Diesel Fuel Market, By Application, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.28. Middle East and Africa Diesel Fuel Market, By End User
11.28.1. Middle East and Africa Diesel Fuel Market, By End User, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.29. Middle East and Africa Diesel Fuel Market, By Distribution Channel
11.29.1. Middle East and Africa Diesel Fuel Market, By Distribution Channel, Revenue (USD Billion), (2021 -2033), CAGR (%) (2026-2033)
11.30. Middle East and Africa Diesel Fuel Market Insights & Forecast Analysis, By Segmentation and Country – 2021 - 2033
11.31. Middle East and Africa Diesel Fuel Market, By Country
11.31.1. Saudi Arabia
11.31.2. United Arab Emirates
11.31.3. South Africa
11.31.4. Rest of Middle East and Africa
12. Diesel Fuel Market: Competitive Landscape
12.1. Competitive Rivalry and Division
12.2. Company Market Share Analysis
12.3. Diesel Fuel Market: Top Winning Strategies
12.4. Diesel Fuel Market: Competitive Heatmap Analysis
13. Diesel Fuel Market: Company Profiles
13.1. Shell Plc
13.1.1. Overview of Business
13.1.2. Economic Performance of the Company
13.1.3. Key Executives
13.1.4. Portfolio of Products
13.1.5. Company Strategy Mapping
13.2. Saudi Arabian Oil Company (Saudi Aramco)
13.3. PetroChina Company Limited
13.4. ExxonMobil Corporation
13.5. BP Plc
13.6. Chevron Corporation
13.7. Reliance Industries Limited
13.8. Marathon Petroleum Corporation
13.9. Valero Energy Corporation
13.10. Neste Oyj
13.11. ConocoPhillips
13.12. Eni S.p.A.
13.13. Phillips 66
13.14. World Energy (Renewable Diesel)
13.15. Diamond Green Diesel (DGD)

  • Shell Plc
  • Saudi Arabian Oil Company (Saudi Aramco)
  • PetroChina Company Limited
  • ExxonMobil Corporation
  • BP Plc
  • Chevron Corporation
  • Reliance Industries Limited
  • Marathon Petroleum Corporation
  • Valero Energy Corporation
  • Neste Oyj
  • ConocoPhillips
  • Eni S.p.A.
  • Phillips 66
  • World Energy (Renewable Diesel)
  • Diamond Green Diesel (DGD)

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Frequently Asked Questions

Find quick answers to the most common questions

The approximate Diesel Fuel Market size for the market will be USD 1,980.00 billion in 2033.

Key segments for the Diesel Fuel Market are By Type (Petroleum Diesel, Biodiesel, Renewable Diesel); By Application (Transportation, Power Generation, Industrial Use, Agricultural Operations, Marine Operations); By End User (Automotive Sector, Industrial Sector, Commercial Sector, Agricultural Sector, Marine Sector); By Distribution Channel (Retail, Bulk Supply, Direct Contracts).

Major Diesel Fuel Market players are Saudi Arabian Oil Company (Saudi Aramco), ExxonMobil Corporation, Chevron Corporation, Shell Plc, BP Plc.

The North America region is leading the Diesel Fuel Market.

The CAGR of the Diesel Fuel Market is 4.00%.