COMMERCIAL FUELS
Diesel Demand Looks Hot in 2022 Analysts see robust and growing demand for future diesel products in on and off-road applications. BY ALLEN SCHAEFFER
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ike other industry sectors, diesel engine and equipment makers are working through supply chain issues for parts and key components like computer chips, but overall demand for new advanced diesel engines, vehicles and equipment is strong in all sectors and forecast to continue to grow. Today’s advanced diesel engines offer customers more fuel 20 | FMN Magazine WINTER 2022
efficiency, more productivity and lower operating costs compared to previous generations of the technology. Here’s a look at three sectors and insights on their current and future markets. Power Generation: Demand for generators continues, particularly in the residential segments. Diesel dominates the larger range of generators (51 to over 1,001 kilowatt) for commercial
applications. Overall production of diesel generator sets grew in every category (2021 vs. 2020), according to data from Power Systems Research. In the 51-300 kW size, diesel dominates all fuel types with a 12.3% production increase to over 41,000 units for 2021 compared with 2020. Positive influencers in this segment include low financing rates, outlook for boosted investments from the new infrastructure legislation in Congress, growing concern about weather events and reliability of the electrical grid. Medium- and Heavy-Duty Trucks: The medium- and heavy-duty truck industry is limited only by supply chain issues. Diesel is the predominant technology for the heaviest commercial trucks—Class 7 and 8—powering over 94% of vehicles. According to ACT FuelsMarketNews.com
