Diesel Market

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.
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 2018, 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 Global Diesel Market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 - 2026.

As the report focuses on global Diesel Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
BP
Shell
CNPC
EXXON MOBIL
Sinopec
Indian Oil
TOTAL
Pertamina
Chevron
Petronas

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
#1 Diesel Fuel
#2 Diesel Fuel
Other
In Market segmentation by applications :
Automotive
Railway
Marine
Others

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Diesel Market for the forecast period 2020 - 2026?
• What are the driving forces in the Diesel Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Diesel industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?