Automotive Fuel Tank Market Report: Segmented by Capacity, Material Type, and Geography – Market Shares, Trends, and Forecast (2017 – 2022)

Dublin 2, Ireland, 2018-Mar-16 — /EPR Network/ — A fresh study, covering “Automotive Fuel Tank Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Automotive Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “Automotive Fuel Tank Market”.

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Increasing disposable income of the middle-class population, particularly in countries such as China and India, has fuelled the adoption of vehicles in these regions, which in turn is driving demand for automotive fuel tanks. Manufacturers are focusing on production of environment-friendly fuel tanks, to comply with regulations pertaining to use of hazardous materials. These factors are driving the growth of the global automotive fuel tank market. A recent report by Fact.MR projects the global automotive fuel tank market to register robust CAGR through 2022. The market was evaluated at revenues worth US$ 24,019.8 Mn in 2017; by 2022 this number is estimated to exceed US$ 30,000 Mn.

Plastic Fuel Tanks to Remain Sought-After in the Market

By material type, plastic fuel tanks will remain sought-after in the market, owing to increasing adoption in multi-purpose vehicles (MPV), sedans, and sports-utility vehicles (SUV). Revenues from sales of plastic fuel tanks are expected to reach nearly US$ 28,000 Mn by 2022-end. Sales of plastic fuel tanks are estimated to exhibit the highest CAGR through 2022, followed by aluminum fuel tanks. In contrast, the sales of steel fuel tanks in the market will register the lowest CAGR through 2022.

Based on capacity, although 45-75 L fuel tanks will continue to be preferred in the market, sales of above 75 L fuel tanks will register the fastest expansion through 2022. Over one-half revenue share of the global automotive fuel tank market is expected to be accounted by sales of 45-75 L fuel tank in 2017. Revenue from sales of above 75 L fuel tanks will remain comparatively lower than other fuel tank capacity segments during the forecast period. Sale of less than 45 L fuel tanks will account for revenues worth US$ 9,939.2 Mn by 2022-end.

OEM will Continue to be the Largest Sales Channel for Automotive Fuel Tanks

OEM is expected to remain the largest sales channel for automotive fuel tanks, with sales estimated to surpass revenues worth US$ 30,000 Mn by 2022-end. Sales of fuel tanks in aftermarket are projected to register a comparatively faster expansion at a high single-digit CAGR through 2022. However, aftermarket will account for a very low revenue share as compared to OEM, which is expected to hold over three-fourth share of the market in 2017.

By vehicle type, passenger cars will remain dominant in the global automotive fuel tank market, accounting for nearly three-fourth revenue share in 2017. Sales of fuel tanks passenger cars are expected to create an incremental opportunity of US$ 7,987.6 Mn between 2017 and 2022. Sales of fuel tanks in HCVs are expected to register the highest CAGR in the market through 2022. However, demand for fuel tanks in LCVs will remain comparatively higher than HCVs in the market during the forecast period.

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Table of Content:

Chapter 1 Global Automotive Fuel Tank Market – Executive Summary 13

Chapter 2 Global Automotive Fuel Tank Market Overview 15

2.1 Introduction 15

2.1.1 Global Automotive Fuel Tank Market Taxonomy 15

2.1.2 Global Automotive Fuel Tank Market Definition 15

2.2 Global Automotive Fuel Tank Market Size (US$ Mn) and Forecast, 2012-2022 16

2.2.1 Global Automotive Fuel Tank Market Y-o-Y Growth 16

2.3 Global Automotive Seat Market: Macroeconomic Factors 16

2.4 Global Automotive Seat Market: Impact Factor Analysis 18

2.5 Supply Chain 19

2.6 Cost Structure 20

2.7 Key Participants Market Presence (Intensity Map) By Region 20

Chapter 3 Global Automotive Fuel Tank Market Analysis and Forecast By Fuel Type 21

3.1 Global Automotive Fuel Tank Market Size and Forecast By Fuel Type, 2012-2022 21

3.1.1 Plastic Automotive Fuel Tank Market Size and Forecast, 2012-2022 21

3.1.1.1 Revenue (US$ Mn) Comparison, By Region 21

3.1.1.2 Market Share Comparison, By Region 22

3.1.1.3 Y-o-Y growth Comparison, By Region 23

3.1.2 Steel Automotive Fuel Tank Market Size and Forecast, 2012-2022 24

3.1.2.1 Revenue (US$ Mn) Comparison, By Region 24

3.1.2.2 Market Share Comparison, By Region 25

3.1.2.3 Y-o-Y growth Comparison, By Region 26

Continued….

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