Automotive Plastic Fuel Tank Market Professional Research Report Highlights of Key Drivers and Market Trends till 2026

Automotive Plastic Fuel Tank Market Professional Research Report Highlights of Key Drivers and Market Trends till 2026

Automotive plastic fuel tank is an important safety and functional part of vehicle. Automotive fuel tank is a separate cabinet assembly fixed in the motor vehicle, used to store fuel. An automotive fuel tank system consists of fuel tanks, gas pipes, fuel tank caps, fittings and other types of auxiliary equipment. Automotive fuel tanks are used for oil storage, heat dissipation, bubble separation and impurity precipitation, etc.

Market Snapshot

This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Automotive Plastic Fuel Tank market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.

It is estimated that the CAGR (Compounded Annual Growth Rate) of the world market in the forecast period will reach 3.42%, and the total market value is expected to reach USD 14,396 million in 2026 from USD 11,376 million in 2019.

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Competitive Landscape

Inergy

Kautex

TI Automotive

YAPP Automotive Systems

Yachiyo Industry

FTS

Donghe

Growth Driver

The rising demand for light weighted vehicles will increase the sales of automotive plastic fuel tanks, which is a key factor booming the growth of the automotive plastic fuel tank market. Technological advancements in automotive sector and government regulations for reducing vehicle weight are also projected to stimulate this market’s growth. However, the adoption of electric vehicles and high cost of plastic fuel tanks may hinder the growth of the automotive plastic fuel tank market.

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Regional Overview

In 2018, the global automotive plastic fuel tank market was mainly concentrated in the three regions of Asia-Pacific, North America and Europe, with the market share of 30.15%, 25.49% and 28.62% respectively, accounting for a total of 84.26%.

Although the growth of the Chinese market (the world's largest auto market) is weak, the Asia Pacific region is expected to lead the growth of the automotive fuel tank market. The European region is expected to experience high growth rates during the forecast period, as strict and inflexible evaporative emission standards are expected to increase the growth of automotive fuel tanks in the region. In addition, the increase in the number of cars and the increase in consumer disposable income are some of the factors expected to boost the growth of the automotive radiator market in the Middle East and Africa during the forecast period.

Type Overview

By product type, the Automotive Plastic Fuel Tank market is segmented into Single-layer plastic fuel tank, Six-layer plastic fuel tank, and Other.

Application Overview

Based on application, this market is divided into Passenger Vehicle, Commercial Vehicle, and Others.

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Target Audience:

• Automotive plastic fuel tank manufacturers

• Government agencies and NGOs

• Small and Medium-sized Enterprises (SMEs)

• Distributors and resellers of automotive plastic fuel tank

• Automotive plastic fuel tank industry associations

• Product managers, automotive plastic fuel tank industry administrator, C-level executives of the industries

• Market Research and consulting firms

• Base Year: 2018

• Estimated Year: 2019

• Forecast Period: 2019 to 2026

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