Hydrotreated Vegetable Oil Market Size, Share & COVID-19 Impact Analysis 2023-2030
The hydrotreated vegetable oil (HVO) market has been experiencing significant growth due to rising environmental consciousness and the demand for sustainable fuels.
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Government regulations and incentives worldwide are promoting the use of HVO as a cleaner alternative to traditional diesel, driving market expansion. Technological advancements in hydro-treatment processes are enhancing efficiency and cost-effectiveness.
HVO's versatility extends beyond transportation fuels, finding applications in various industries. Feedstock diversification, including non-food sources like algae and waste oils, is gainin