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Automotive Fuel Tank Market 2021-2027 | Size, Share, Global Industry Report
Automotive Fuel Tank Market by Material (High Density Polyethylene (HDPE), Steel, Aluminum), by Tank Capacity (Less than 45 liter, 45 - 70 liter, Above 70 liter), by Technology (Barrier technology, Multilayer technology, Others), By Propulsion Type (Hydrogen, Hybrid, NGV, ICE) - Global Industry Comprehensive Trends, Dynamics, Competitive Insights and Forecast Analysis
Automotive Fuel Tank Market Size
The global Automotive Fuel Tank Market is estimated to grow from USD 18.51 Billion in 2018 to reach USD 27.51 Billion by 2027, at a CAGR of 4.5% during the forecast period from 2020-2027.
Market Overview
Growth in the investments for developing lightweight vehicles as well as an overall rise in the demand of these vehicles, increasing demand for lightweight fuel tanks in emerging economies is supporting the growth of this market.
Drivers responsible for growth in the market include:
• Demand in the sales of passenger cars and commercial vehicles
• Increase in disposable income and improved living standard
Factors restraining the market growth:
• Demand for ...
... electric vehicles
• Rise in the price of base metal
Key Player’s Analysis:
The report provides key player analysis (company profiling) along with company revenue shares in order to give a broader overview of the market players in the Automotive Fuel Tank market. Major players in market are Magna International (Canada), Textron - Kautex (Germany), Fluid Systems (UK), Plastic Omnium (France), SMA Serbatoi S.p.A. (Italy), YAPP (China), Unipres (Japan), Yachiyo (Japan), and Fuel Total Systems (Japan) among others.
Segmentation Analysis:
The report describes in detail the Automotive Fuel Tank market segmentation by dividing the market based on its Material, Tank Capacity, Technology and Propulsion Type; and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.
Evident quantitative as well as qualitative insights about the segments are covered in the report along with forecast analysis of all the segments that expected to alter the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.
By Material, the report is segmented into High Density Polyethylene (HDPE), Steel and Aluminum. By Tank Capacity, the report is segmented into Less than 45 liter, 45 - 70 liter and Above 70 liter. By Technology, the market is segmented into Barrier technology, Multilayer technology and others. By Propulsion Type the market is segmented into Hydrogen, Hybrid, NGV and ICE. Trend analysis for all the segments is provided in detail in the report.
Regional Analysis
The Automotive Fuel Tank market is divided regionally and by country level into North America (U.S. Canada & Rest of North America), Europe (U.K., Germany, France, Italy, Spain, Russia & Rest of Europe), Asia Pacific (China, Japan, India, Australia, Southeast Asia & Rest of Asia Pacific), Latin America (Brazil, Mexico & Rest of Latin America) and Middle East and Africa (Saudi Arabia, South Africa, UAE & Rest of Middle East and Africa).
The report gives the pursuer the complete idea and understanding of the market and the regional and country level value and volume scenario and essentials for the industry. Current market insights on the regional level are studied and centered while market estimation, thus giving the reader a specialized idea & plans, financial as well as recent market advancements globally.
Automotive Fuel Tank Market Segmentation:
By Material:
• High Density Polyethylene (HDPE)
• Steel
• Aluminum
By Tank Capacity:
• Less than 45 liter
• 45 - 70 liter
• Above 70 liter
By Technology:
• Barrier technology
• Multilayer technology
• Others
By Propulsion Type:
• Hydrogen
• Hybrid
• NGV
• ICE
By Region
North America
Latin America
Europe
Asia-Pacific
Middle-East & Africa
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ReportCrux is a global market intelligence aggregator and publisher of market research reports, business information reports, economic and equity reports. We cater a diverse range of industrial sectors along with niche domains and sub-domains within the industry. We offer exclusive blend of cutting-edge market insights for the critical business needs.
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