Green Diesel Market Expected to Reach $66 Billion by 2030 Driven by Aviation, Maritime Demand

The renewable fuels sector, particularly green diesel, renewable diesel, and sustainable aviation fuel (SAF), is gaining momentum as a critical pathway for decarbonizing transportation and heavy industry. Market growth is driven by technological advances, feedstock innovation, and increasing adoption in heavy transport, aviation, and off-road machinery, with global green diesel markets projected to grow significantly. Neste, a leading renewable diesel and SAF producer, has expanded its production capacity to 5.5 million tonnes per year and aims to reach 6.8 million tonnes, supporting greater emissions reductions and compliance with regulations like the EU's ReFuelEU Aviation. However, challenges remain, including ramping up production capacity and navigating a volatile and competitive regulatory environment. Industry events such as the Sustainable Fuels Summit focus on advancing production technology and collaboration to improve efficiency and output across biodiesel, renewable diesel, and SAF sectors. In the U.S., biodiesel imports have fallen, reflecting shifts in the renewable fuels market dynamics and possibly increased domestic production.