Global No.2 Diesel Fuel Market 2021 Research Report with COVID-19 Impact, by Future Trend, Growth rate and Industry Analysis to 2030
The global no.2 diesel fuel market is estimated to occupy a large amount of revenue by recording a robust CAGR during the forecast period, i.e., 2022 – 2030, owing to the growing awareness associated with the use of high-performance fuels, and increasing per capita spending around the world.
Apart from these, growing number of vehicles on the road, and notable expansion of transportation industry, especially in developing and developed countries, are another crucial factors expected to accelerate market growth in the forthcoming years.
The International Organization of Motor Vehicle Manufacturers states that 91.786 million automobiles were produced in 2019. Out of these, around 67.149 million units belonged to cars and the remaining 24.637 million units were of commercial vehicles.