PUBLISHER: SkyQuest | PRODUCT CODE: 1260034
PUBLISHER: SkyQuest | PRODUCT CODE: 1260034
Global Diesel Fuel Market Size, Share, Growth Analysis, By End User(Cars, Trucks) - Industry Forecast 2022-2028
Global Diesel Fuel Market was valued at USD 212.40 billion in 2021, and the market size is estimated to reach USD 274.83 billion by 2028, at a CAGR of 3.75% over the forecast period (2022-2028).
Diesel fuel is critical to the global economy and standard of living in a variety of ways, including the movement of consumer goods around the world, the generation of power, and the improvement of farm production. The increased energy demand caused by population growth and industrial activities is driving the diesel fuel market. Furthermore, increased oil and gas exploration and production spending is expected to create enormous potential prospects in the industry.
As a result of the rapid industrialization of emerging economies and the increasing use of diesel in non-transporting activities such as home and commercial heating applications, demand for diesel fuel has expanded across regions. Diesel fuel is in high demand across various industries, particularly in the automotive and transportation sectors. The cost of fuel, advancements in vehicle technology, regulatory regulations, and regional demographics are all major factors influencing market shifts.
However, a rise in carbon-emission-related concerns, as well as a shift towards electric vehicles and renewable energy sources, are expected to stymie sector growth. The development of alternative fuels, particularly natural gas, and developments in a variety of electric-based technologies, such as regular hybrids, plug-in hybrids, and pure electric vehicles (EVs), are expected to modify demand for diesel. These critical elements are critical for assessing and comprehending supply dynamics and demand patterns in distinct economies.
Top-down and bottom-up approaches were used to estimate and validate the size of global Diesel Fuel 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 by 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 analysed to get the final quantitative and qualitative data.
Segments covered in this report:
Global Diesel Fuel market is segmented based on end-user and region. Based on the end user, the diesel fuel market is segmented as cars, trucks, military vehicles, heavy off-road vehicles, ships, generators, others. Based on region it is categorized into North America, Europe, Asia-Pacific, and MEA.
Driver
Diesel generator sets are gaining popularity.
Diesel generator sets are the appropriate decentralised backup power alternative for large or industrial electrical consumers. They are expected to become the key area of opportunity in the diesel fuel market in the next years. Diesel generators are also utilised to provide irregular power to remote households where new grid connections or renewable energy generation are impractical. Diesel has a variety of residential applications, including space heating. Some European countries rely substantially on diesel fuel to meet their domestic energy needs on a daily basis. Diesel generator sales are predicted to expand due to increased electricity usage and a lack of an appropriate power grid structure in a number of emerging countries, including Brazil, South Africa, and others. This is predicted to have a beneficial impact on the growth of the diesel fuel industry in the near future.
The Benefits of Diesel Fuel
Diesel fuel has several advantages, including enhanced fuel economy, increased torque, lower maintenance costs, and lower taxes. As a result, the numerous benefits of diesel fuel contribute to the global market's rise. Diesel-powered cars degrade more slowly. Furthermore, diesel fuel saves money because it does not require the usage of coal. Furthermore, this fuel is ideal for use and emits less carbon monoxide into the atmosphere, allowing the business to grow.
Restraint
Diesel fuel is more expensive than petrol.
The higher price of diesel fuel compared to gasoline, as well as the fluctuating price trends of fuel in general, remain important constraints constraining the global market for diesel fuel. Diesel is an imported product that is used in many countries, which accounts for the higher price. Ultra-low sulphur diesel (ULSD) standards raise diesel fuel prices even further. Also, diesel is taxed more heavily than gasoline. End users of diesel fuel fall into three categories: transportation, residential and commercial, and power generation.
Because of the rise of electric vehicles, oil will be forced out of a vital market.
The push towards compressed natural gas (CNG), ethanol blending, and electric vehicles will have a significant impact on the rise of demand for petrol and diesel. The increased usage of electric vehicles is expected to reduce demand for fossil fuels, upsetting the market for such fuels. The electric vehicle revolution may also boost demand for natural gas as a fuel for plug-in vehicles. Government restrictions and EV incentive programmes have a huge impact on both gas and oil outcomes. The present shift towards electric vehicles is the consequence of both automakers' efforts to meet emissions regulations and technological improvements to the vehicles themselves. Fuel efficiency measures will have a similar effect in reducing oil demand.
Market Trends
The transportation sector is expected to dominate the market. The transportation industry is expected to dominate the market because there are more passenger vehicles, light trucks, and heavy trucks on the road. Diesel is mostly used in urban transportation and mobility modes such as freight transportation, private transportation, and public transportation. The growing urban population is expected to increase the number of automobiles on the road.
The global diesel fuel industry is seeing an increase in the deployment of hybrid power systems. Companies are embracing solar-diesel hybrid power systems as the cost of solar PV systems falls, which is projected to create a market opportunity.
Table of Contents
Executive Summary
Market overview
- Exhibit: Executive Summary - Chart on Market Overview
- Exhibit: Executive Summary - Data Table on Market Overview
- Exhibit: Executive Summary - Chart on Global Global Diesel Fuel Market Characteristics
- Exhibit: Executive Summary - Chart on Market by Geography
- Exhibit: Executive Summary - Chart on Market Segmentation
- Exhibit: Executive Summary - Chart on Incremental Growth
- Exhibit: Executive Summary - Data Table on Incremental Growth
- Exhibit: Executive Summary - Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy-scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Global Diesel Fuel Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
- Global Global Diesel Fuel Market by End User
- Market segments
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Data table on Market share 2021-2027 (%)
- Cars
- Market Estimates & Forecast, 2020-2027
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Trucks
- Market Estimates & Forecast, 2020-2027
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Military Vehicles
- Market Estimates & Forecast, 2020-2027
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Heavy Off-Road Vehicles
- Market Estimates & Forecast, 2020-2027
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Ships
- Market Estimates & Forecast, 2020-2027
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Generators
- Market Estimates & Forecast, 2020-2027
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Others
- Market Estimates & Forecast, 2020-2027
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Denso (Japan)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Bosch (Germany)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- MAHLE (Germany)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Universe Filter (China)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Fredenberg (Germany)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- YBM (South Korea)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Phoenix (Germany)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- Baowang
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- TOYOTA BOSHOKU (Japan)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
- ALCO Filters (UK)
- Exhibit Company Overview
- Exhibit Business Segment Overview
- Exhibit Financial Updates
- Exhibit Key Developments
