Market overview
The global renewable naphtha market is worth USD 1.0 bn in 2026 and is forecast to reach USD 2.3 bn by 2036, growing at a 8.5% CAGR. Germany is the largest country market and Used cooking oil and animal fats is the largest by feedstock segment.
| Scope | Renewable naphtha produced from used cooking oil, animal fats, vegetable oils and residues through hydrotreatment, sold as petrochemical feedstock, gasoline blendstock and solvent. |
|---|---|
| Industry | Chemicals and Materials |
| Value 2025 | USD 945 mn |
| Value 2026 | USD 1.0 bn |
| Value 2036 | USD 2.3 bn |
| CAGR 2026-2036 | 8.5% |
| Volume 2026 | 971,287 tonnes |
| Volume 2036 | 1,988,068 tonnes |
| Average price 2026 | USD 1,061 per tonne |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Renewable Naphtha market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 1.0 bn |
| 2027 | USD 1.1 bn |
| 2028 | USD 1.2 bn |
| 2029 | USD 1.3 bn |
| 2030 | USD 1.4 bn |
| 2031 | USD 1.5 bn |
| 2032 | USD 1.7 bn |
| 2033 | USD 1.8 bn |
| 2034 | USD 2.0 bn |
| 2035 | USD 2.1 bn |
| 2036 | USD 2.3 bn |
Renewable Naphtha market segmentation
By feedstock
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Used cooking oil and animal fats | 48.0% | 47.5% | USD 494 mn | 8.4% |
| Vegetable oils | 27.0% | 23.2% | USD 278 mn | 6.9% |
| Waste and residue oils | 20.0% | 23.8% | USD 206 mn | 10.4% |
| Other | 5.0% | 5.4% | USD 52 mn | 9.4% |
By end use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Petrochemical cracker feed | 62.0% | 67.2% | USD 639 mn | 9.4% |
| Gasoline blending | 23.0% | 19.8% | USD 237 mn | 6.9% |
| Fuels and solvents | 8.0% | 5.7% | USD 82 mn | 4.9% |
| Other | 7.0% | 7.3% | USD 72 mn | 8.9% |
By production process
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Hydrotreating (HVO-type coproduct) | 62.0% | 58.0% | USD 639 mn | 7.8% |
| Catalytic pyrolysis and cracking | 14.0% | 14.0% | USD 144 mn | 8.5% |
| Gasification and Fischer-Tropsch | 12.0% | 14.0% | USD 124 mn | 10.2% |
| Other routes | 12.0% | 14.0% | USD 124 mn | 10.2% |
By certification scheme
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| ISCC PLUS mass balance | 46.0% | 44.0% | USD 474 mn | 8.0% |
| RSPO-linked | 8.0% | 6.0% | USD 82 mn | 5.4% |
| Single-feedstock segregated | 20.0% | 24.0% | USD 206 mn | 10.5% |
| REDcert and other | 26.0% | 26.0% | USD 268 mn | 8.5% |
By buyer type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Integrated oil majors | 38.0% | 34.0% | USD 391 mn | 7.3% |
| Olefin producers | 34.0% | 38.0% | USD 350 mn | 9.7% |
| Fuel traders and blenders | 18.0% | 17.0% | USD 185 mn | 7.9% |
| Chemicals brand owners | 10.0% | 11.0% | USD 103 mn | 9.5% |
Top 25 countries for renewable naphtha by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 75.0% of 2026 revenue and the 25 countries below together hold 95.5%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | Germany | USD 175 mn | 17.0% | USD 375 mn | 7.9% |
| 2 | Netherlands | USD 144 mn | 14.0% | USD 324 mn | 8.4% |
| 3 | United States | USD 93 mn | 9.0% | USD 217 mn | 8.9% |
| 4 | Belgium | USD 72 mn | 7.0% | USD 161 mn | 8.3% |
| 5 | France | USD 62 mn | 6.0% | USD 133 mn | 7.9% |
| 6 | Sweden | USD 52 mn | 5.0% | USD 116 mn | 8.5% |
| 7 | Singapore | USD 52 mn | 5.0% | USD 126 mn | 9.3% |
| 8 | Finland | USD 41 mn | 4.0% | USD 93 mn | 8.5% |
| 9 | Japan | USD 41 mn | 4.0% | USD 84 mn | 7.4% |
| 10 | South Korea | USD 41 mn | 4.0% | USD 98 mn | 9.0% |
| 11 | Spain | USD 38 mn | 3.7% | USD 90 mn | 8.9% |
| 12 | Italy | USD 32 mn | 3.1% | USD 74 mn | 8.9% |
| 13 | Poland | USD 26 mn | 2.6% | USD 62 mn | 8.9% |
| 14 | Canada | USD 22 mn | 2.1% | USD 51 mn | 8.9% |
| 15 | Brazil | USD 18 mn | 1.8% | USD 47 mn | 9.9% |
| 16 | Indonesia | USD 15 mn | 1.5% | USD 39 mn | 10.0% |
| 17 | Malaysia | USD 12 mn | 1.2% | USD 29 mn | 8.9% |
| 18 | Australia | USD 10 mn | 1.0% | USD 24 mn | 8.8% |
| 19 | Thailand | USD 8.7 mn | 0.8% | USD 20 mn | 8.9% |
| 20 | Austria | USD 7.1 mn | 0.7% | USD 17 mn | 9.0% |
| 21 | Denmark | USD 6.0 mn | 0.6% | USD 14 mn | 8.9% |
| 22 | Norway | USD 4.9 mn | 0.5% | USD 12 mn | 8.9% |
| 23 | Switzerland | USD 4.1 mn | 0.4% | USD 9.6 mn | 8.8% |
| 24 | Turkey | USD 3.4 mn | 0.3% | USD 7.9 mn | 8.8% |
| 25 | China | USD 2.8 mn | 0.3% | USD 6.5 mn | 8.9% |
| Rest of world | USD 46 mn | 4.5% | USD 100 mn | 8.0% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Neste
- Diamond Green Diesel
- Eni
- TotalEnergies
- Phillips 66
- Marathon Petroleum
Group 2: Regional and specialist players
- UPM Biofuels
- Preem
- Repsol
- Moeve
- St1
- OMV
- Galp
Group 3: Emerging and niche players
- SunPine
- Forchem
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the renewable naphtha market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 8.5% is calculated from the resulting values.
The market is divided by feedstock, by end use, by production process, by certification scheme, by buyer type. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the renewable naphtha market?
The global renewable naphtha market is estimated at USD 945 mn in 2025 and USD 1.0 bn in 2026.
How fast will the renewable naphtha market grow?
It is forecast to reach USD 2.3 bn by 2036, a compound annual growth rate of 8.5% from 2026, an increase of USD 1.3 bn.
Which country is the largest market for renewable naphtha?
Germany is the largest market by revenue at USD 175 mn in 2026, 17.0% of the global total. The three largest countries together hold 40.0%.
Which country is growing fastest?
Among the ten largest markets, Singapore is growing fastest at 9.3% a year from 2026 to 2036.
Which renewable naphtha segment is largest?
In the by feedstock split, Used cooking oil and animal fats is the largest segment with 48.0% of 2026 revenue.
Who are the leading renewable naphtha companies?
Global leaders include Neste, Diamond Green Diesel, Eni, TotalEnergies.
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