Green Diesel Market Size, Share, and Analysis

Green Diesel Market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 12.1% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 33.3 billion and is projected to reach USD 117.2 billion by the completion of 2034.Green diesel, also known as renewable diesel, is a renewable-based fuel that can replace traditional petroleum diesel. Unlike biodiesel, which needs to be mixed with petroleum diesel, green diesel is chemically similar to fossil diesel and can be used in existing diesel engines without modifications.
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