Vehicle Fuel Tanks Market - Global Trend, Segmentation and Opportunities Forecast To 2025

28 January 2019 - Global Vehicle Fuel Tanks Market is anticipated to grow at a higher CAGR as vehicle fuel tanks are storage tanks and a safe container for flammable fluids. Recently, plastic fuel tanks are widely used by automobile industry. Steel fuel tanks were mostly preferred by automobile industry but the rising popularity of plastic fuel tanks and relevant advantages is slowly taking over steel fuel tanks.


Techniques used in manufacture of HDPE vehicle fuel tanks comprise blow molding and metal welding from stamped sheets. Blow molding technology is widely used across automobile industry since it is capable of obtaining low emissions of carbon. Functionally, HDPE is versatile and can be molded into various shapes which permit the tank to be installed smoothly over the rear axle which helps in saving and improving crash safety. Relevantly, plastic fuel tanks are much better in fuel emissions and are also safe during crash or brutal fatalities.

View Full Report with TOC @ https://www.millioninsights.com/industry-reports/vehicle-fuel-tank-market

Since HDPE vehicle fuel tanks can be molded into complex and sophisticated shapes, car designers can use the available space for fuel tank. Characteristically, plastic fuel tanks offer resistance against corrosion which in case of steel tanks requires timely maintenance adding to overhead costs.

Commercial factors such as versatility, safety features and compact nature associated with plastic fuel tanks for automobiles/vehicles, the market value is likely to gain traction in upcoming years. Also, the market growth witnesses a moderate growth in steel fuel tanks and trajectory growth in plastic fuel tanks for assessment period.

The key driving factors responsible for the growth of vehicle fuel tanks market includes rising rate of automotive industry, stringent regulations by government and rise in eco-friendly fuel tanks. Additionally, growing global production of vehicles, rising trend of vehicle weight reduction and environmental norms pertaining to carbon emission have propelled the growth of global market.

On the basis of type, the vehicle fuel tanks market is segmented into high density polyethylene plastic fuel tank and steel fuel tank. High-density polyethylene (HDPE) dominates the market segment during the forecast period also the global demand for HDPE is much high due to the growing demand for plastic fuel tanks. HDPE tanks are widely segmented into monolayer, fluorinated and multilayer.

On the basis of technology, the vehicle fuel tanks market is segmented into multilayer technology and barrier technology. On the basis of geographic segmentation, the vehicle fuel tank market spans North America, Latin America, Europe, Asia-Pacific, and Middle-East & Africa. North America is anticipated to grow at a higher CAGR. Europe and APAC regions are expected to follow the trend. China and India are key regions for future market trends in automotive fuel tanks due to rise in disposable income, large population, higher growth rate of automotive industry. European regions such as Germany, France and Italy are major commercial hubs for automobile manufacturers.

The key players in the vehicle fuel tanks market include Kautex Textron GmbH & Co, Benteler AG, Fuel System Solutions, Inergy Automotive Systems, Toyoda Gosei Co Ltd, TI Automotive Ltd, YAPP Automotive Parts Co ltd, Kongsberg Automotive, Visteon Corporation and Magna International Inc.

Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Vehicle Fuel Tanks in these regions, from 2013 to 2025 (forecast), covering

• United States
• EU
• China
• Japan
• South Korea
• India

Global Vehicle Fuel Tanks market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

• Inergy
• Kautex
• TI Automotive
• YAPP
• Yachiyo
• Magna Steyr
• Hwashin
• Futaba
• FTS
• Sakamoto
• Jiangsu Suguang

Request Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/vehicle-fuel-tank-market/request-sample
Location: Unnamed Road, St Andrews KY16 0DR, UK

Comments

Post a Comment

Popular posts from this blog

Botulinum Toxin Market Key Players, Supply and Consumption Demand Analysis to 2030

  The global botulinum toxin market size was valued at USD 11.1 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2030. Botulinum toxin is a protein and neurotoxin produced by the bacterium clostridium botulinum. The toxin is a selective blocker of acetylcholine released from nerves, which blocks neural transmission from the nerves when injected into muscle. Botulinum toxin is one of the most exceptional substances encountered in medicine and science. The adoption of botulinum toxin in cosmetology has grown rapidly over the decade, and at present it is one of the most common and widely performed aesthetic procedures in the world. The increasing concern for aesthetic features in developed and developing regions has led to an increase in the number of cosmetic procedures. The availability of a variety of botulinum toxin products such as botox, xeomin, dysport, and others will accelerate the market growth. The increasing...
Read more

Hydrogen Generation Market Growth Analysis, Trends Forecast by Regions and Types to 2030

  The global hydrogen generation market size is expected to reach USD 317.39 billion by 2030, registering a CAGR of 9.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The global hydrogen generation market is likely to be driven by the growing demand for cleaner fuel, coupled with increasing governmental regulations for the desulphurization of petroleum products. Hydrogen is an effective energy carrier, and this quality is expected to contribute, significantly, to its further penetration into newer markets. The global electricity demand is anticipated to witness an increase by nearly two-thirds of the current demand in the forecast period. Focus on the projects, related to distributed power & utility, expected to bolster the demand for hydrogen generation market growth during the forecast period. The Methane Reforming segment led the market in 2021. This was the dominant segment in 2021 and is expected to keep its position during th...
Read more

Biochar Market Business Analysis, Share, Revenue & Sales Till 2030

  The global biochar market size is expected to reach USD 1350 million by 2030, registering a CAGR of 13.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Globally increasing demand for the product in organic farming has been a major factor influencing the growth. In addition, increasing consumption in livestock feed and awareness pertaining to benefits of biochar as soil amendment are expected to drive the demand. Biochar is an evolving industry and is anticipated to become a major influencing factor in increased crop yield and productivity of the agriculture sector. It improves soil fertility and provides necessary nutrition to crop. Moreover, applications in energy production and greenhouse gas remediation are expected to provide new revenue opportunities to the sector. The market consists of organized and unorganized manufacturers. Growing economies such as China, India, Japan, Mexico, and Brazil produce significant amount of biochar thr...
Read more