Diesel Market Market Analysis, Trends, Forecast & Outlook

Diesel Market Description

Increasing concerns over carbon dioxide emissions and fuel efficiency has resulted in stricter regulation on fuels. The ability of the diesel fuel to reduce emissions as well as improve fuel efficiency has contributed to its rise in demand. The share of diesel fuel in the transportation sector is expected to grow up to 32–35 percent by 2025 owing to improved economic growth and trade in the emerging and developing nations, leading to significant growth of the commercial transportation sector. Extensive data on current diesel industry market trends and their scope of growth in North America, Africa, Middle East, MEA, APAC, and LATAM has also been shared in the report.

APAC has the largest diesel consumption followed by Europe and North America. The report mentions the diesel procurement best practices, saving opportunities and a Porter’s Five Force Analysis. The report also covers diesel supply trends and insights in detail. It provides a profile overview and SWOT analysis of the key global suppliers like ExxonMobil, Royal Dutch Shell, Total S.A. etc. The report also includes diesel price breakup per gallon for North America, Europe, Africa, APAC, and LATAM regions.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Report Coverage

Global Diesel Fuel Trends
Regional market outlook- North America, LATAM, Europe, Africa, Middle East, APAC, MEA
Diesel Fuel Market Affecting Factors
Supply Trends and Insights

Diesel Market Trend, Analysis & Forecast

Category Intelligence on Diesel covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

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Executive Summary

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Market Analysis

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Supply Analysis

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Cost & Pricing Analysis

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Best Practices

Global Diesel Fuel Industry Outlook

Global demand for liquid fuel in 2017 is estimated to at 98 Mbpd, which is expected to reach 100 Mbpd by 2019 (1.21 percent CAGR)
The Global product demand for Diesel during the same year 2017 is estimated to be 19.69 million barrels/day (Mbpd) and it is forecasted to reach ~27 Mbpd by 2020
The growth in demand for diesel will be moderate in North America and Europe but will increase drastically in APAC, accelerated mainly by the increase of commercial vehicles, especially in India and other South Asian CountriesGlobal Diesel Fuel Trends
Increasing concerns over carbon dioxide emissions and fuel efficiency has resulted in stricter regulation on fuels. Ability of the diesel fuel to reduce emissions as well as improve fuel efficiency is resulting in its higher demand
Developing nations higher demand for power and the inability of the existing infrastructure to reduce the demand – supply gap is resulting in the growth of diesel generators industry at ~5 – 6 percent
Improved economic growth and trade in the emerging and developing nations have resulted in significant growth of the commercial transportation sector. Share of diesel fuel in the transportation sector is expected to grow from 30 – 32percent in 2016 to 32 – 35 percent by 2025

Drivers and Constraints for Diesel Fuel

Drivers

Energy Efficiency

Having high energy density per unit volume, diesel is preferred in the markets, such as commercial heavy duty vehicles, power generation, and in various other industrial applications for its high energy/thermal efficiency

Heavy Transport Sector

Growing demand for heavy transport sector especially in the emerging economies like China, India, Brazil, and Indonesia drives the demand for diesel fuel

Taxation policies

Taxes imposed by most of the nations are less for diesel compare to gasoline. Hence, diesel consumers enjoy a price advantage. However in the US, federal and local taxes on diesel are slightly higher than gasoline

Constraints

Environmental Policies

Stringent emission standards on diesel lowering sulfur emissions. By imposing “Clean Air Zones”, Governments around the world have put some restrictions to drive diesel vehicles

Alternative Fuel Vehicles

Increasing usage of alternative fuel vehicles, such as Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) vehicles could hamper the diesel fuel market though the penetration level is low. Countries like the US and China are creating dense network of natural gas refueling stations

Supplier Maturity

Diesel fuel suppliers are highly matured in North America and Europe, with intensive competition among the top global suppliers (ExxonMobil, BP, Shell) as there are no significant state owned oil companies in these region
In the APAC and Middle East, though there is a significant presence of private suppliers, the diesel fuel market is dominated by the state owned
National Oil Companies (NOCs). In Africa and LATAM, the presence of private suppliers is significantly low and the market is dominated by NOCs

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