Automotive Fuel Tank Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The automotive fuel tank is a container used for the safe storage of flammable fluids. It is a part of an engine system of a vehicle in which the fuel is stored and released into an engine. The automotive fuel tank size ranges from the small plastic tank to large multi-chambered tank. The capacity of the fuel tank varies depending on the vehicle type. The size and capacity of the fuel tank determine the efficiency of the vehicle. Plastic automotive fuel tanks have several inherent advantages over metal fuel tanks as they are lightweight, corrosion resistance, high durability and also provides design flexibility.

MARKET DYNAMICS

The automotive fuel tank market is growing at a significant pace owing to driving factors such as increasing vehicle production in developed and developing countries and a significant rise in sales of vehicles over the past few decades. Rising trading activities coupled with growing industrialization have spurred the demand for commercial vehicles, in turn providing potential avenues of growth for automotive fuel tank manufacturers. However, factors, such as growing penetration and demand for electric vehicles and rise in prices of base metal, i.e., aluminum, may hinder the growth of the market studied. Automotive manufacturers are replacing metal fuel tanks with plastic fuel tanks to meet the rising demand and satisfy discerning customer requirements which further provides a developing opportunity for the market players.

MARKET SCOPE

The "Global Automotive Fuel Tank Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive fuel tank market with detailed market segmentation by capacity, material type, vehicle type, sales channel and geography. The global automotive fuel tank market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive fuel tank market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global automotive fuel tank market is segmented on the basis of capacity, material type, vehicle type and sales channel. On the basis of capacity, the automotive fuel tank market is segmented into, less than 15 liter, 15 liter-45 liter, 45 liter-75 liter and above 70 liter. Based on material type, the global automotive fuel tank market is segmented into, plastic, aluminum and steel. On the basis of vehicle type, the global automotive fuel tank market is segmented into, passenger cars, two-wheelers and commercial vehicles. Based on the sales channel, the market is bifurcated into, OEM and aftermarket.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive fuel tank market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive fuel tank market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the automotive fuel tank market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the automotive fuel tank market in these regions.

MARKET PLAYERS

The reports cover key developments in the automotive fuel tank market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from automotive fuel tank market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive fuel tank in the global market. Below mentioned is the list of few companies engaged in the automotive fuel tank market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive fuel tank market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.

• ALLGAIER AUTOMOTIVE
• BENTELER International 
• FUTABA INDUSTRIAL CO., LTD.
• KAUTEX TEXTRON GMBH & CO. KG
• Magna International Inc. 
• Martinrea International Inc.
• Plastic Omnium
• SMA SERBATOI S.p.A.
• TI Automotive
• Westport Fuel Systems Inc.  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


 

 

 

Automotive Fuel Tank Report Scope