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.
Market Analysis and Insights: Global Diesel Market
Due to the COVID-19 pandemic, the global Diesel market size is estimated to be worth US$ 978490 million in 2021 and is forecast to a readjusted size of US$ 978490 million by 2028 with a CAGR of 4.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Diesel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Diesel key players include BP, Shell, CNPC, etc. Global top three manufacturers hold a share about 25%.
Europe is the largest market, with a share about 25%, followed by North America and China, both have a share over 35 percent.
In terms of product, #2 Diesel Fuel is the largest segment, with a share over 55%. And in terms of application, the largest application is Automotive, followed by Railway.
Global Diesel Scope and Market Size
The global Diesel market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Diesel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
#1 Diesel Fuel
#2 Diesel Fuel
Others
Segment by Application
Automotive
Railway
Marine
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
BP
Shell
CNPC
EXXON MOBIL
Sinopec
Indian Oil
TOTAL
Pertamina
Chevron
Petronas
Market Analysis and Insights: Global Diesel Market
Due to the COVID-19 pandemic, the global Diesel market size is estimated to be worth US$ 978490 million in 2021 and is forecast to a readjusted size of US$ 978490 million by 2028 with a CAGR of 4.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Diesel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Diesel key players include BP, Shell, CNPC, etc. Global top three manufacturers hold a share about 25%.
Europe is the largest market, with a share about 25%, followed by North America and China, both have a share over 35 percent.
In terms of product, #2 Diesel Fuel is the largest segment, with a share over 55%. And in terms of application, the largest application is Automotive, followed by Railway.
Global Diesel Scope and Market Size
The global Diesel market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Diesel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
#1 Diesel Fuel
#2 Diesel Fuel
Others
Segment by Application
Automotive
Railway
Marine
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
BP
Shell
CNPC
EXXON MOBIL
Sinopec
Indian Oil
TOTAL
Pertamina
Chevron
Petronas
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