Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Automotive Fuel Tank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global automotive fuel tank market reached a value of US$ 18.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 23.4 Billion by 2027, exhibiting at a CAGR of 3.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. 

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, along with forecasts at the global and regional level from 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Material Type, Capacity, Vehicle Type, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered 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 and Baosteel group corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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 Figures

Figure 1: Global: Automotive Fuel Tank Market: Major Drivers and Challenges
Figure 2: Global: Automotive Fuel Tank Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Automotive Fuel Tank Market: Breakup by Material Type (in %), 2021
Figure 4: Global: Automotive Fuel Tank Market: Breakup by Capacity (in %), 2021
Figure 5: Global: Automotive Fuel Tank Market: Breakup by Vehicle Type (in %), 2021
Figure 6: Global: Automotive Fuel Tank Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Automotive Fuel Tank Market: Breakup by Region (in %), 2021
Figure 8: Global: Automotive Fuel Tank Market Forecast: Sales Value (in Billion US$), 2022-2027
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$), 2016 & 2021
Figure 13: Global: Automotive Fuel Tank (Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Automotive Fuel Tank (Aluminum) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Automotive Fuel Tank (Aluminum) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Automotive Fuel Tank (Steel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Automotive Fuel Tank (Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Automotive Fuel Tank (Less Than 45 Liter) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Automotive Fuel Tank (Less Than 45 Liter) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Automotive Fuel Tank (45 - 70 Liter) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Automotive Fuel Tank (45 - 70 Liter) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Automotive Fuel Tank (Above 70 Liter) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Automotive Fuel Tank (Above 70 Liter) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Automotive Fuel Tank (Passenger Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Automotive Fuel Tank (Passenger Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Automotive Fuel Tank (LCVs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Automotive Fuel Tank (LCVs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Automotive Fuel Tank (HCVs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Automotive Fuel Tank (HCVs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Automotive Fuel Tank Market: Sales Through OEM (in Million US$), 2016 & 2021
Figure 31: Global: Automotive Fuel Tank Market Forecast: Sales Through OEM (in Million US$), 2022-2027
Figure 32: Global: Automotive Fuel Tank Market: Sales Through Aftermarket (in Million US$), 2016 & 2021
Figure 33: Global: Automotive Fuel Tank Market Forecast: Sales Through Aftermarket (in Million US$), 2022-2027
Figure 34: Asia Pacific: Automotive Fuel Tank Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia Pacific: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Automotive Fuel Tank Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Europe: Automotive Fuel Tank Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Europe: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Middle East and Africa: Automotive Fuel Tank Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Middle East and Africa: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Latin America: Automotive Fuel Tank Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Latin America: Automotive Fuel Tank Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

Table 1: Global: Automotive Fuel Tank Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Automotive Fuel Tank Market Forecast: Breakup by Material Type (in Million US$), 2022-2027
Table 3: Global: Automotive Fuel Tank Market Forecast: Breakup by Capacity (in Million US$), 2022-2027
Table 4: Global: Automotive Fuel Tank Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
Table 5: Global: Automotive Fuel Tank Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: Global: Automotive Fuel Tank Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Automotive Fuel Tank Market Structure
Table 8: Global: Automotive Fuel Tank Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Questions Answered in This Report

The global automotive fuel tank market was valued at US$ 18.5 Billion in 2021.

We expect the global automotive fuel tank market to exhibit a CAGR of 3.8% during 2022-2027.

Various technological advancements, such as the production of self-sealing fuel tanks that can
automatically seal in case of damage or leak, are currently driving the global automotive fuel tank
market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous
manufacturing units for automotive fuel tank.

Based on the material type, the global automotive fuel tank market has been divided into plastic,
aluminum, and steel. Among these, plastic based material exhibits a clear dominance in the market.

Based on the capacity, the global automotive fuel tank market can be categorized into less than 45
liter, 45-70 liter, and above 70 liter. Currently, 45-70 liter holds the majority of the total market
share.

Based on the vehicle type, the global automotive fuel tank market has been segmented into
passenger vehicles, LCVs, and HCVs. Among these, passenger vehicles represent the largest market
share.

Based on the distribution channel, the global automotive fuel tank market can be bifurcated into
OEM and aftermarket. Currently, OEM accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global automotive fuel tank market include 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.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links