How big is the diesel market | Insights & Growth 2025

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

The diesel market was projected to be valued at approximately USD 76.5 billion in 2025 and is expected to reach around USD 1010 billion by 2031.

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

The diesel market is anticipated to grow at a CAGR of 5.90% during the forecast period.

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

Key trends include the adoption of ultra-low sulfur diesel, increasing use of biodiesel blends, and cleaner combustion technologies.

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

The diesel market is driven by strong industrial demand, expanding transportation and logistics sectors, and the need for reliable fuel in off-grid power and heavy-duty applica

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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?

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Code: MTA6060

Publication Date: Jul 2025

What is the diesel Market Size?

According to 6Wresearch internal database and industry insights, Global diesel market was valued atUSD 785 billion in 2024 and is anticipated to exceedUSD 1010 billion by 2031, registering a steady at aCAGR of 5.90% during the forecast period.

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The market expansion is fuelled by the ongoing industrialization, rising demand for transportation fuels, and the continued reliance on diesel for power generation and heavy machinery operations. Increasing energy consumption across sectors and infrastructure development in emerging economies also play a pivotal role in driving diesel demand globally.

Major Growth Factors of the Diesel Market

Growing demand for commercial transportation and logistics
Rising industrialization and construction activities
Expansion of mining and agricultural operations
Dependence on diesel generators for backup power
Increasing freight movement across borders
Continued use of diesel in marine and rail sectors
Favorable government fuel infrastructure investments
High energy density and fuel efficiency of diesel

Diesel Market Trends

The diesel market is witnessing steady momentum due to its essential role in industrial and transport applications. There is a visible shift towards cleaner diesel blends and ultra-low sulfur diesel (ULSD) to meet emissions regulations. Additionally, the integration of diesel with hybrid technologies and sustainable biodiesel alternatives is emerging, as industries seek to align with decarbonization goals without disrupting operational efficiency.

Emerging Developments in the Diesel Market

The diesel market is witnessing massive advancements in refining processes for cleaner-burning diesel fuels and the rise of synthetic and renewable diesel options. Governments are pushing for stricter emission standards, encouraging innovation in cleaner diesel engines and fuel types. Investments in bio-based diesel sources and collaborations between fuel tech firms and automakers are reshaping future diesel consumption trends.