How big is the diesel fuel market | Size & Forecast 2025

Q: What is the market size of the diesel fuel market in 2025 and 2031?

The diesel fuel market was expected to reach USD 950 billion in 2025 and is projected to grow to approximately USD 1,350 billion by 2031.

Q: What is the CAGR of the diesel fuel market between 2025 and 2031?

The diesel fuel market is forecasted to expand at a CAGR of 5.1% during the 2025–2031 period.

Q: What are the key trends in the diesel fuel market?

Key trends include the shift toward ultra-low sulphur diesel, increased blending of biodiesel, and cleaner engine technologies.

Q: What are the main drivers of the diesel fuel market?

The diesel fuel market is driven by growing transportation needs, industrial demand, energy efficiency of diesel, and infrastructure development.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6061

Publication Date: Jul 2025

What is the diesel fuel Market Size?

According to 6Wresearch internal database and industry insights, Global diesel fuel market was valued atUSD 950 billion in 2024 and is anticipated to exceedUSD 1350 billion by 2031, registering a steady at aCAGR of 5.1% during the forecast period.

View Main Report

Schedule Analyst Call

The market is witnessing significant expansion due to rising global transportation demand, increased industrialization, and growing infrastructure development across emerging economies. Additionally, the market benefits from the ongoing reliance on diesel-powered machinery and vehicles, especially in sectors such as logistics, construction, and agriculture. Strategic developments in refining technologies and alternative fuel integration also contribute to the market's robust trajectory.

Major Growth Factors of the Diesel Fuel Market

Increasing demand for commercial and heavy-duty vehicles
Expanding construction and infrastructure activities
Rising energy consumption in industrial operations
Continued reliance on diesel in marine and rail transport
Growth in logistics and transportation services
Diesel fuelâ€™s high energy efficiency and density
Expanding mining and agricultural sectors
Advancements in ultra-low sulfur diesel (ULSD) production

Diesel Fuel Market Trends

The diesel fuel market is driven by the transition toward cleaner fuels, with increasing investments in ultra-low sulphur diesel (ULSD) and biodiesel blending. Thereâ€™s a notable trend of diesel engines being optimized for better fuel efficiency and reduced emissions. Regulatory pressures are prompting refineries to adopt cleaner processing methods, while demand from freight transport and construction continues to drive market growth globally.

Emerging Developments in the Diesel Fuel Market

The diesel fuel market is witnessing growth through innovations in refining technologies, development of renewable diesel alternatives, and government initiatives focused on emission control. Strategic alliances between oil producers and distribution networks are also enhancing market reach. Additionally, increased focus on energy diversification and sustainability is prompting investment into cleaner-burning diesel variants and hybrid diesel technologies.