Global fuel tank market is projected to register a CAGR of 3.5% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Global Fuel Tank Market, By Tank Capacity (Less Than 45 L, 45L -70L, and More Than 70L), Material Type (Plastic, Aluminum, Steel, Others), Weight (Less Than 7KG, 7KG to 10 KG, More Than 70KG), Fuel Type (LPG/CNG, Diesel, Gasoline), Propulsion Type (Natural Gas, Hydrogen, Internal Combustion Engine (ICE), Hybrid), Sales Channel (OEM, Aftermarket), Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle, Hybrid Vehicle), Country (U.S., Canada, Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt, Rest of Middle East & Africa)- Industry Trends and Forecast to 2027.
Some of the major factors contributing to the growth of the global fuel tank market are:
- Rising disposable income has result in increasing demand for vehicles
- Stringent government norms towards emission
Market Players:
The key market players for global fuel tank market are listed below:
- TI Fluid Systems
- Yachiyo Industry Co., Ltd.
- Magna International Inc.
- Plastic Omnium
- Unipres Corporation
- Kautex (A subsidiary of Textron Inc.)
- ContiTech AG (A Subsidiary of Continental AG)
- SMA Serbatoi SpA
- FTS CO.,LTD
- Bellsonica Corporation
- Crefact Corporation
- Boyd Welding LLC
- Elkamet Kunststofftechnik GmbH
- Salzburger Aluminium Group
- Central Precision Limited
- Arrow Radiators (Melksham) Ltd
- A. KAYSER AUTOMOTIVE SYSTEMS GmbH
- PIOLAX, Inc.
