Automotive Fuel Tank Market Strategies and Future Growth Factors with Competitive Analysis Report till 2022 by Region: North America and Europe, Japan and Middle East and Africa (MEA), By Key Players: Yachiyo Industry Co. Ltd., Magna International Inc., Compagnie Plastic Omnium SA.

Posted on 2018-07-11 by Mark Hub in Automotive // 0 Comments

Dublin 2, Ireland, 2018-Jul-11 — Considering the broad scope of the global automotive fuel tank market and to provide in-depth insights to readers, FactMR’s report offers segment-wise forecast and analysis. The automotive fuel tank market has been categorized on the basis of material type, capacity, vehicle type, region, and sales channel. The segmentation analysis is comprehensive, with detailed country-wise forecast offered on each parameter.

FactMR highlighting the titled “Automotive Fuel Tank Market Strategies and Future Growth Factors with Competitive Analysis Report till 2024 by Region: North America and Europe, Japan and Middle East and Africa (MEA), By Key Players: Yachiyo Industry Co. Ltd., Magna International Inc., Compagnie Plastic Omnium SA.” which provides an outlook of current market value as well as the expected forecast including Rate on Investment (ROI) together with growing CAGR of XX% during 2017-2022. The concluding section of the report profiles companies operating in the global automotive fuel tank market. Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section. The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.

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Robust increase in production of vehicles, to cater surging demand from ever-growing middle-class population owing to their rising disposable income, has driven the demand for automotive fuel tanks across the globe. Available in varying capacity, size, and design, automotive fuel tanks eliminate fuel leakage, and reduce the emissions. Stringent regulations imposed by legal authorities on hazards of materials used in fuel tanks, have compelled the manufacturers in focusing on production of eco-friendly fuel tanks. This is expected to propel growth of the market.

Automotive fuel tanks can be defined as safe tanks to contain flammable fluids. These tanks contain multiple chambers for storing fuel, and outlets for pumping fuel into the engine. A typical automotive fuel tank will have a standby storage chamber to reserve fuel. In addition to this, fuel tanks also come with built-in pumping apparatus that put pressure on the fuel while releasing it into the engine.

The global fuel tank market is projected to register an impressive expansion at robust CAGR during the forecast period 2017 to 2022, according to a report by Fact.MR. The report estimates the market to increase from revenues worth US$ 24,019.8 Mn in 2017 to surpass US$ 30,000 Mn by 2022-end.

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.

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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.

Competition Tracking

Key market players identified in Fact.MR’s report include Compagnie Plastic Omnium SA, Magna International Inc., Yachiyo Industry Co., Ltd., Kautex Textron GmbH & Co. KG, TI Automotive Ltd., YAPP Automotive Parts Co., Ltd., Martinrea International Inc., and Spectra Premium Industries Inc.

Table of Contents

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

2.3.1 Economic Outlook 16

2.3.2 Profitability of Enterprises 17

2.3.3 Inflation and Deflation 17

2.3.4 Increasing Purchasing Power of Middle Class 17

2.3.5 Complex Eco System 17

2.3.6 Risk Mitigation 18

2.4 Global Automotive Seat Market: Impact Factor Analysis 18

2.4.1 Shift toward Green Technology 18

2.4.2 The Influence of China 18

2.4.3 Dilemma on Shift to New Technologies 18

2.4.4 Increasing R&D expenditure 19

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

Continued…………………..

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