Europe Hydrotreated Vegetable Oil Market Overview
As per recent research by MarkNtel Advisors, the Europe Hydrotreated Vegetable Oil Market is estimated to grow at a CAGR of around 13.2% during the forecast period, i.e., 2024-30.
Europe Hydrotreated Vegetable Oil Market Dynamics
Market Drivers : Increasing Demand for HVO as a Transportation Fuel Amplifying Market Growth –
Over the years, carbon emissions in European countries like the UK, Italy, France, etc., have substantially increased due to the rapid industrialization and soaring usage of passenger cars & commercial vehicles. According to European Statistics, in Q4 2022, the carbon emissions were around 938 million tons, an upsurge of about 10% compared to Q3 2022. These emissions resulted in climate changes & numerous health hazards.
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Europe Hydrotreated Vegetable Oil Market Segmentation Overview 2024-2030: Key Factors
By Type
-Pure HVO-Market Size & Forecast 2019-2030, Thousand Tons
-Co-processed HVO-Market Size & Forecast 2019-2030, Thousand Tons
By Feedstock
-Rapeseed-Market Size & Forecast 2019-2030, Thousand Tons
-Sunflower-Market Size & Forecast 2019-2030, Thousand Tons
-Soybean-Market Size & Forecast 2019-2030, Thousand Tons
-Palm-Market Size & Forecast 2019-2030, Thousand Tons
-Others (Jatropha, Coconut Oil, etc.)- Market Size & Forecast 2019-2030, Thousand Tons
By Application
-Transportation- Market Size & Forecast 2019-2030, Thousand Tons
-Road Transport
-Aviation
-Others (Agricultural, Railways etc.)
-Power Generation - Market Size & Forecast 2019-2030, Thousand Tons
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Europe Hydrotreated Vegetable Oil Market Geographical Insights:
By Country:
-Germany
-The UK
-France
-Italy
-Spain
-Sweden
-The Netherlands
-Finland
-Rest of Europe
Key Players and Competitive Strategies in the Europe Hydrotreated Vegetable Oil Market
Several prominent players dominate the Europe Hydrotreated Vegetable Oil Market, including:
- Repsol
- Neste
- Eni
- Cepsa
- Preem AB
- TotalEnergies
- Green Biofuels Limited
- Valero
- Shell
- Watson Fuels
- Others
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Questions Addressed in this Study
1.How big is the Europe Hydrotreated Vegetable Oil Market Size?
2.What is the Europe Hydrotreated Vegetable Oil Market Growth?
3.Who are the key players of the Europe Hydrotreated Vegetable Oil Market?
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