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 Market

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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.
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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.
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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
- 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
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Report Metrics |
Details |
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Market size value in 2025 |
USD 1,420.00 Billion |
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Market size value in 2026 |
USD 1,500.00 Billion |
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Revenue forecast in 2033 |
USD 1,980.00 Billion |
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Growth rate |
CAGR of 4.00% from 2026 to 2033 |
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Base year |
2025 |
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Historical data |
2021 – 2024 |
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Forecast period |
2026 – 2033 |
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Report coverage |
Revenue forecast, competitive landscape, growth factors, and trends |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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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 |
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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 |
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Customization scope |
Free report customization (country, regional & segment scope). Avail customized purchase options to meet your exact research needs. |
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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:
- 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)
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