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Automotive Fuel Tank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 110 pages | ID: A714BF191C22EN
IMARC Group

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The global automotive fuel tank market size reached US$ 19.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.4% during 2023-2028.

An automotive fuel tank is a component of an automobile engine system that is used to store, propel and release pressurized gas or fluid into the engine. It is also used for fuel level detection, secured filling, venting, evaporating emissions and avoiding fuel leakages. The effectiveness of a fuel tank depends upon its size, complexity and the material used for the manufacturing process. Fuel tanks are made using both metal and plastic materials. Plastic tanks are primarily used in sedans, multi-purpose vehicle (MPV) and sports-utility vehicles (SUV), and metal tanks are used in commercial and cross-passenger vehicles.

Growing industrialization along with a significant increase in the manufacturing and sales of automobiles is a key factor driving the market growth. The automotive sector in both developed and emerging countries is witnessing an expansion, supported by the increasing demand for passenger cars. Furthermore, governments across the globe are implementing regulations emphasizing on emission control and improved fuel economy, thus intensifying the production of high-quality fuel tanks. Additionally, technological advancements such as the production of self-sealing fuel tanks that can automatically seal in case of damage or leak are also catalyzing the market growth. In addition to this, manufacturers are increasingly incorporating plastic instead of the conventionally used steel and metals with the aim to make lightweight fuel tanks. Other factors such as rising disposable incomes and improving living standards are also driving the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive fuel tank market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on material type, capacity, vehicle type and distribution channel.

Breakup by Material Type:

Plastic
Aluminum
Steel

Breakup by Capacity:

Less Than 45 Liter
45 - 70 Liter
Above 70 Liter

Breakup by Vehicle Type:

Passenger Vehicles
LCVs
HCVs

Breakup by Distribution Channel:

OEM
Aftermarket

Breakup by Region:

Asia Pacific
North America
Europe
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Plastic Omnium, Kautex Textron, Yapp Automotive, TI Automotive, Yachiyo Industries Co. Limited, Magna International, Martinrea International Inc., Unipres Corporation, Continental, Lyondell Basell, Allgaier Automotive, Boyd Welding, Dali and Samir Engineering, Posco co. Ltd, Baosteel group corporation, etc.

IMARC Group’s latest report provides a deep insight into the global automotive fuel tank market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global automotive fuel tank market in any manner.

Key Questions Answered in This Report
1. What was the size of the global automotive fuel tank market in 2022?
2. What is the expected growth rate of the global automotive fuel tank market during 2023-2028?
3. What are the key factors driving the global automotive fuel tank market?
4. What has been the impact of COVID-19 on the global automotive fuel tank market?
5. What is the breakup of the global automotive fuel tank market based on the material type?
6. What is the breakup of the global automotive fuel tank market based on the capacity?
7. What is the breakup of the global automotive fuel tank market based on the vehicle type?
8. What is the breakup of the global automotive fuel tank market based on the distribution channel?
9. What are the key regions in the global automotive fuel tank market?
10. Who are the key players/companies in the global automotive fuel tank market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL AUTOMOTIVE FUEL TANK MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Material Type
5.5 Market Breakup by Capacity
5.6 Market Breakup by Vehicle Type
5.7 Market Breakup by Distribution Channel
5.8 Market Breakup by Region
5.9 Market Forecast

6 MARKET BREAKUP BY MATERIAL TYPE

6.1 Plastic
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Aluminum
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Steel
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY CAPACITY

7.1 Less Than 45 Liter
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 45 - 70 Liter
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Above 70 Liter
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY VEHICLE TYPE

8.1 Passenger Vehicles
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 LCVs
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 HCVs
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY DISTRIBUTION CHANNEL

9.1 OEM
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Aftermarket
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 Asia Pacific
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 North America
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Europe
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 Middle East and Africa
  10.4.1 Market Trends
  10.4.2 Market Forecast
10.5 Latin America
  10.5.1 Market Trends
  10.5.2 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Plastic Omnium
  15.3.2 Kautex Textron
  15.3.3 Yapp Automotive
  15.3.4 TI Automotive
  15.3.5 Yachiyo Industries Co. Limited
  15.3.6 Magna International
  15.3.7 Martinrea International Inc.
  15.3.8 Unipres Corporation
  15.3.9 Continental
  15.3.10 Lyondell Basell
  15.3.11 Allgaier Automotive
  15.3.12 Boyd Welding
  15.3.13 Dali and Samir Engineering
  15.3.14 Posco co. Ltd
  15.3.15 Baosteel group corporation

LIST OF TABLES

Table 1: Global: Automotive Fuel Tank Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Automotive Fuel Tank Market Forecast: Breakup by Material Type (in Million US$), 2023-2028
Table 3: Global: Automotive Fuel Tank Market Forecast: Breakup by Capacity (in Million US$), 2023-2028
Table 4: Global: Automotive Fuel Tank Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 5: Global: Automotive Fuel Tank Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 6: Global: Automotive Fuel Tank Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Automotive Fuel Tank Market Structure
Table 8: Global: Automotive Fuel Tank Market: Key Players

LIST OF FIGURES

Figure 1: Global: Automotive Fuel Tank Market: Major Drivers and Challenges
Figure 2: Global: Automotive Fuel Tank Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Automotive Fuel Tank Market: Breakup by Material Type (in %), 2022
Figure 4: Global: Automotive Fuel Tank Market: Breakup by Capacity (in %), 2022
Figure 5: Global: Automotive Fuel Tank Market: Breakup by Vehicle Type (in %), 2022
Figure 6: Global: Automotive Fuel Tank Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Automotive Fuel Tank Market: Breakup by Region (in %), 2022
Figure 8: Global: Automotive Fuel Tank Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Automotive Fuel Tank Industry: SWOT Analysis
Figure 10: Global: Automotive Fuel Tank Industry: Value Chain Analysis
Figure 11: Global: Automotive Fuel Tank Industry: Porter’s Five Forces Analysis
Figure 12: Global: Automotive Fuel Tank (Plastic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Automotive Fuel Tank (Plastic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Automotive Fuel Tank (Aluminum) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Automotive Fuel Tank (Aluminum) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Automotive Fuel Tank (Steel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Automotive Fuel Tank (Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Automotive Fuel Tank (Less Than 45 Liter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Automotive Fuel Tank (Less Than 45 Liter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Automotive Fuel Tank (45 - 70 Liter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Automotive Fuel Tank (45 - 70 Liter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Automotive Fuel Tank (Above 70 Liter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Automotive Fuel Tank (Above 70 Liter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Automotive Fuel Tank (Passenger Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Automotive Fuel Tank (Passenger Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Automotive Fuel Tank (LCVs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Automotive Fuel Tank (LCVs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Automotive Fuel Tank (HCVs) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Automotive Fuel Tank (HCVs) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Automotive Fuel Tank Market: Sales Through OEM (in Million US$), 2017 & 2022
Figure 31: Global: Automotive Fuel Tank Market Forecast: Sales Through OEM (in Million US$), 2023-2028
Figure 32: Global: Automotive Fuel Tank Market: Sales Through Aftermarket (in Million US$), 2017 & 2022
Figure 33: Global: Automotive Fuel Tank Market Forecast: Sales Through Aftermarket (in Million US$), 2023-2028
Figure 34: Asia Pacific: Automotive Fuel Tank Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Asia Pacific: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Automotive Fuel Tank Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Europe: Automotive Fuel Tank Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Europe: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Middle East and Africa: Automotive Fuel Tank Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Middle East and Africa: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Latin America: Automotive Fuel Tank Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Latin America: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2023-2028


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