Diesel oil, also called diesel fuel, combustible liquid used as fuel for diesel engines, ordinarily obtained from fractions of crude oil that are less volatile than the fractions used in gasoline. In diesel engines the fuel is ignited not by a spark, as in gasoline engines, but by the heat of air compressed in the cylinder, with the fuel injected in a spray into the hot compressed air. Diesel fuel releases more energy on combustion than equal volumes of gasoline, so diesel engines generally produce better fuel economy than gasoline engines. In addition, the production of diesel fuel requires fewer refining steps than gasoline, so retail prices of diesel fuel traditionally have been lower than those of gasoline (depending on the location, season, and taxes and regulations). On the other hand, diesel fuel, at least as traditionally formulated, produces greater quantities of certain air pollutants such as sulfur and solid carbon particulates, and the extra refining steps and emission-control mechanisms put into place to reduce those emissions can act to reduce the price advantages of diesel over gasoline. In addition, diesel fuel emits more carbon dioxide per unit than gasoline, offsetting some of its efficiency benefits with its greenhouse gas emissions.
Scope of the Report:Diesel fuel is a mixture of hydrocarbons obtained by distillation of crude oil. The important properties which are used to characterize diesel fuel include cetane number (or cetane index), fuel volatility, density, viscosity, cold behavior, and sulfur content. Diesel fuel specifications differ for various fuel grades and in different countries.
The Diesel is classified into the #1 diesel fuel, #2 diesel fuel and other according to the product type. As of 2018, #2 diesel fuel segments dominates the market contributing more than 64% of the total market share, reach to 722 million tons, while #1 diesel fuel is 260 million tons. Diesel is major applied in automotive, railway, marine others industry, in 2019, demand for automotive industry occupied the largest market, with 44.80% share, reach to 513.1 million tons, while Railway industry seen a faster growth in the last few years.
The worldwide market for Diesel is expected to grow at a CAGR of roughly 1.9% over the next five years, will reach 1005.3 million US$ in 2026, from 916.1 million US$ in 2020, according to a new study.
This report focuses on the Diesel in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers BP
Shell
CNPC
EXXON MOBIL
Sinopec
Indian Oil
TOTAL
Pertamina
Chevron
Petronas
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers #1 Diesel Fuel
#2 Diesel Fuel
Other
Market Segment by Applications, can be divided into Automotive
Railway
Marine
Others
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Diesel product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Diesel, with price, sales, revenue and global market share of Diesel in 2018 and 2019.
Chapter 3, the Diesel competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Diesel breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Diesel market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Diesel sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
