The India Bio-Hydrogenated Diesel (BHD) Market was valued at USD 78 million in 2024 and is projected to reach USD 156 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 12.3% during the forecast period (2024-2030). This rapid expansion is fueled by India’s National Biofuel Policy, increasing environmental regulations, and the country’s commitment to reduce crude oil imports while cutting greenhouse gas emissions.
🔟 1. Indian Oil Corporation Limited (IOCL)
Headquarters: New Delhi, India
Key Offering: BHD production and nationwide distribution
India’s largest oil marketing company has established dedicated biofuel research centers and production facilities across multiple states.
9️⃣ 2. Bharat Petroleum Corporation Limited (BPCL)
Headquarters: Mumbai, India
Key Offering: Blended BHD formulations
BPCL’s extensive retail network of over 21,000 fuel stations provides critical infrastructure for BHD market penetration.
8️⃣ 3. Hindustan Petroleum Corporation Limited (HPCL)
Headquarters: Mumbai, India
Key Offering: Premium-grade BHD fuels
HPCL combines refining expertise with agricultural partnerships to develop sustainable feedstock solutions.
7️⃣ 4. Reliance Industries Limited
Headquarters: Mumbai, India
Key Offering: Large-scale BHD production
Reliance’s Jamnagar refinery complex provides world-class infrastructure for advanced biofuel production.
6️⃣ 5. Essar Oil Limited
Headquarters: Mumbai, India
Key Offering: Cost-effective BHD solutions
Essar’s Vadinar refinery specializes in processing diverse biofeedstocks into high-quality renewable diesel.
5️⃣ 6. GAIL (India) Limited
Headquarters: New Delhi, India
Key Offering: Integrated energy solutions
GAIL leverages India’s largest gas infrastructure to promote cleaner fuel alternatives including BHD.
4️⃣ 7. Nayara Energy Limited
Headquarters: Mumbai, India
Key Offering: Retail and industrial BHD
Nayara’s strategic partnerships enhance its ability to serve both bulk and retail BHD customers.
3️⃣ 8. Mangalore Refinery and Petrochemicals Limited (MRPL)
Headquarters: Mangaluru, India
Key Offering: Coastal distribution
MRPL’s coastal location enables efficient BHD logistics for domestic and potential export markets.
2️⃣ 9. Numaligarh Refinery Limited (NRL)
Headquarters: Numaligarh, India
Key Offering: Regional BHD formulations
NRL focuses on northeast India’s unique fuel requirements and local feedstock utilization.
1️⃣ 10. Chennai Petroleum Corporation Limited (CPCL)
Headquarters: Chennai, India
Key Offering: Southern market specialization
CPCL tailors BHD products to withstand southern India’s tropical climate conditions.
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India Bio-Hydrogenated Diesel (BHD) Market – View in Detailed Research Report
🌍 Market Outlook and Growth Potential
Government mandates for higher biodiesel blending percentages are creating strong market pull, while technological advancements in hydroprocessing are pushing production efficiencies.
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India Bio-Hydrogenated Diesel (BHD) Market – View in Detailed Research Report
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