Market Overview:
The global automotive fuel tank system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. In terms of type, the global automotive fuel tank system market has been segmented into multilayer fuel tank and single-layer fuel tank. The multilayer fuel tanks segment is expected to account for a larger share of the global automotive fuel tank system market in 2018. This can be attributed to their superior properties such as high resistance against corrosion and leakage, which make them suitable for use in high-end passenger cars. In terms of application, the global automotive fuel tank system market has been segmented into passenger vehicle and commercial vehicle.
Product Definition:
The automotive fuel tank system is a device that stores and supplies fuel to the engine of a motor vehicle. The system includes the fuel tank, fuel lines, filters, and pump. The purpose of the system is to store gasoline or diesel fuel and supply it to the engine as needed.
Multilayer Fuel Tank:
Multilayer fuel tank is a type of fuel tank that consists of more than one inner layer or an additional lining to the basic steel or aluminum container. The multilayer tanks are manufactured by layering the metal sheet and welding it at various angles to form a complex structure. Multilayer tanks offer better protection from mechanical damage, fire, corrosion and other such hazards as compared to single layer tanks.
Single-layer Fuel Tank:
Single-layer fuel tank is a type of fuel storage device used in automotive applications. It has one layer of metal or plastic film that serves as an inner liner and an outer surface for containing the liquid. The single-layer tank system is usually made up of high density polyethylene (HDPE) or low density polyethylene (LDPE).
Application Insights:
The passenger vehicle segment accounted for the largest share of over 60.0% in 2017 and is anticipated to maintain its dominance over the forecast period. The growing demand for passenger vehicles in developing countries, such as India and China, on account of increasing disposable income levels among consumers is expected to drive the demand for automotive fuel tanks during the forecast period.
Increasing sales of commercial vehicles are also projected to boost market growth during the forecast period. These heavy-duty trucks are used across industries, including agriculture and construction, offering enhanced stability and carrying capacity at a lower cost than that offered by railways regarding maintenance costs incurred due to lesser weight carried by these trucks owing to their large fuel tanks which offer longer range between fill-ups thereby driving market growth over the coming years.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for passenger cars and light commercial vehicles on account of rising disposable income, changing lifestyle, and urbanization. Moreover, government initiatives encouraging people to use public transport are expected to further drive the regional market growth.
Europe was estimated at USD X billion in 2017 owing to high demand from countries such as Germany, France, Italy, U.K., Spain among others which have a large presence of premium vehicle manufacturers such as Daimler AG; PSA Peugeot Citroen; BMW AG; Fiat Chrysler Automobiles N.V.; Volkswagen Group GmbH among others (Bharat Karnik & Anupam Gupta).
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global automotive market is witnessing a shift towards fuel-efficient vehicles. This is driving the demand for automotive fuel tank systems, which are designed to store and supply fuel efficiently.
- Stringent emission norms: Stringent emission norms are being implemented across the world in a bid to reduce environmental pollution levels. This is boosting the demand for automotive fuel tank systems, as they help improve vehicle emissions performance.
- Rising popularity of electric vehicles: Electric vehicles are gaining popularity due to their low emissions and high efficiency levels. This is aiding the growth of the global automotive fuel tank system market as electric vehicles require specialised tanks that can store and supply electrical energy safely and efficiently.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Fuel Tank System Market Research Report
By Type
Multilayer Fuel Tank, Single-layer Fuel Tank
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Inergy, Kautex, YAPP, TI Automotive, Yachiyo, Magna Steyr, Jiangsu Suguang, FTS, Sakamoto, AAPICO, Wuhu Shunrong, DONGHEE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Fuel Tank System Market Report Segments:
The global Automotive Fuel Tank System market is segmented on the basis of:
Types
Multilayer Fuel Tank, Single-layer Fuel Tank
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Inergy
- Kautex
- YAPP
- TI Automotive
- Yachiyo
- Magna Steyr
- Jiangsu Suguang
- FTS
- Sakamoto
- AAPICO
- Wuhu Shunrong
- DONGHEE
Highlights of The Automotive Fuel Tank System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Multilayer Fuel Tank
- Single-layer Fuel Tank
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Fuel Tank System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The automotive fuel tank system is the network of pipes, tanks, and pumps that deliver gasoline or diesel to an engine.
Some of the major companies in the automotive fuel tank system market are Inergy, Kautex, YAPP, TI Automotive, Yachiyo, Magna Steyr, Jiangsu Suguang, FTS, Sakamoto, AAPICO, Wuhu Shunrong, DONGHEE.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Fuel Tank System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Fuel Tank System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Fuel Tank System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Fuel Tank System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Fuel Tank System Market Size & Forecast, 2020-2028
4.5.1 Automotive Fuel Tank System Market Size and Y-o-Y Growth
4.5.2 Automotive Fuel Tank System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Multilayer Fuel Tank
5.2.2 Single-layer Fuel Tank
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Fuel Tank System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Fuel Tank System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Multilayer Fuel Tank
9.6.2 Single-layer Fuel Tank
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Multilayer Fuel Tank
10.6.2 Single-layer Fuel Tank
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Multilayer Fuel Tank
11.6.2 Single-layer Fuel Tank
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Multilayer Fuel Tank
12.6.2 Single-layer Fuel Tank
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Multilayer Fuel Tank
13.6.2 Single-layer Fuel Tank
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Fuel Tank System Market: Competitive Dashboard
14.2 Global Automotive Fuel Tank System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inergy
14.3.2 Kautex
14.3.3 YAPP
14.3.4 TI Automotive
14.3.5 Yachiyo
14.3.6 Magna Steyr
14.3.7 Jiangsu Suguang
14.3.8 FTS
14.3.9 Sakamoto
14.3.10 AAPICO
14.3.11 Wuhu Shunrong
14.3.12 DONGHEE
