Market Research NewsNewsSmart gadgets

Global Fuel Tank Market – Industry Trends and Forecast to 2026 Top Key Players are Plastic Omnium, Westport Fuel Systems Inc., Martinrea International Inc., Kautex; TI Automotive, TOYODA GOSEI Co., Ltd. And others

Global Fuel Tank Market is expected to rise from its initial estimated value of USD 24.08 billion in 2018, to a projected value of USD 40.86 billion by 2026, registering a CAGR of 6.83% in the forecast period of 2019-2026. This rise in market value can be attributed to the growth in demand for vehicles and increase in production of various types of automotive vehicles.

Fuel tank are an automotive part that is used to store the flammable fuel in the form of liquid or gas for storage purposes and subsequently supplying the engine with the fuel for its operation in pressurized form. These fuel tanks are based on sustainable and durable raw materials so that they can survive the rough and tough usage without leaking or reducing their overall performance.

Download Sample PDF Report https://databridgemarketresearch.com/request-a-sample/?dbmr=global-fuel-tank-market

Global fuel tank market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fuel tank market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

  • Plastic Omnium
  • Westport Fuel Systems Inc.
  • Martinrea International Inc.
  • Kautex
  • TI Automotive
  • TOYODA GOSEI Co., Ltd.
  • Magna International Inc.
  • Kongsberg Automotive
  • ALLGAIER WERKE GmbH
  • Yachiyo Industry Co.,Ltd.
  • Unipres Corporation
  • Continental AG
  • FTS CO.,LTD.
  • SMA Serbatoi S.p.A.
  • POSCO
  • Baosteel Group Hu and Spectra Premium

Segmentation:

Material Plastic, Metals

By Capacity Less than 15L, 15-45L, 45-70L, Greater Than 70L

By Fuel Type Conventional Fuel, Alternative Fuel

By Vehicle Type Passenger Cars, Commercial Vehicles, Sales Channel

Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, South Africa, and Brazil among others.

Market Drivers:

  • Increasing innovations in technology and development of sustainable and durable materials used in the production of fuel tanks is expected to act as a driver for the market growth
  • Increase in the demand and overall production of automotive vehicles have resulted in growth of demand for fuel tanks; this factor is expected to act as a driver for the growth of the market

Table of Contents:

Chapter 1: Industry Overview

Chapter 2: Production Market Analysis

Chapter 3: Sales Market Analysis

Chapter 4: Consumption Market Analysis

Chapter 5: Production, Sales and Consumption Market Comparison Analysis

Chapter 6: Major Manufacturers Production and Sales Market Comparison Analysis

Chapter 7: Major Source Analysis

Chapter 8: Major Application Analysis

Chapter 9: Industry Chain Analysis

Chapter 10: Global and Regional Market Forecast

Chapter 11: Major Manufacturers Analysis

Chapter 12: New Project Investment Feasibility Analysis

Chapter 13: Conclusions

Chapter 14: Appendix

Get TOC For Full Analysis Of Report: https://databridgemarketresearch.com/toc/?dbmr=global-fuel-tank-market

Market Restraint:

  • Increasing concerns regarding the environment and stringent regulations have resulted in adoption of electric vehicles; this factor is expected to act as a restraint to the market growth

Key points for analysis

  • To get a comprehensive overview of the Global Fuel Tank Market.
  • To gain information about the top players in this industry, their product portfolios, and their key strategies.
  • To gain insights about the major regional insights in which the Global Fuel Tank Market is flourishing.
  • Recent industry trends and developments
  • Potential and niche segments/regions exhibiting promising growth

Key Developments in the Market:

  • In January 2019, TI Automotive announced the launch of an innovative blow-molded plastic based fuel tank for Karma Automotive’s electric vehicles. The technology on which the product is based allows for the product to survive the high pressure created in extended range electric vehicles (EREVs).
  • In December 2018, TI Automotive announced the launch of high-performance capable fuel systems products at the “31st Annual Performance Racing Industry Trade Show” held in Indianapolis, United States from December 6-8, 2018. The various products exhibited at the show are expected to increase the overall performance of the vehicles.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

Inquire for Further Detailed Information About Fuel Tank Report Before Buying : https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-fuel-tank-market 

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close