Plastic Automotive Fuel Tank to Remain the Top Selling Variant
A shift from metal automotive fuel tank to plastic automotive fuel tank has been witnessed since the recent past. Plastic automotive fuel tank offers flexible design using which customizations can be made according to customer requirement. Moreover, features such as light weight, high durability and high corrosion resistance of plastic automotive fuel tank have fuelled the adoption of plastic automotive fuel tank as a sought after, reliable fuel carrying source. However, steel automotive fuel tank still remains an ideal option while using bio-diesel and diesel owing to its low evaporative emission requirements coupled with high stiffness and inherent strength during changing pressurized applications.
Self-Sealing Automotive Fuel Tank – An Upcoming Trend
Key stakeholders in the automotive fuel tank market are focusing on developing novel products in a bid to achieve sustenance in the competitive marketplace. Manufacturers are actively engaged in manufacturing of self-sealing automotive fuel tank that can self seal during damage, avoiding leakage of flammable liquids. Self-sealing automotive fuel tank contain multiple membranes that absorb fuel. These layers swell and expand after coming in contact with fuel in turn causing the broken layer to swell consequently sealing the puncture. This promising safety feature of self-sealing automotive fuel tank is likely to witness high customer demand in the years to follow.
Emerging Markets – A Lucrative Opportunity for Automotive Fuel Tank Manufacturers
Significant rise in sales and manufacturing of vehicles continue to remain instrumental in driving sales of automotive fuel tank. BRIC (Brazil, Russia, India and China) countries are witnessing a substantial growth in their automotive sector on the back of growing demand from customers for passenger cars. Moreover, rising trading activities coupled with growing industrialization have spurred the demand for commercial vehicles, in turn providing potential avenues of growth for automotive fuel tank manufacturers. Moreover, stakeholders are targeting China, one of the world’s biggest automotive market owing to its enormous fiscal stimulus. Likewise, OEMs are entering India and China in a bid to seize massive growth potential offered by these countries. This is likely to fuel sales of automotive fuel tank in the emerging revenue pockets of Asia Pacific in the coming years.
No Fuel, No Tank – Electric Vehicles Confining Automotive Fuel Tank Sales
Increasing government regulations on carbon dioxide emissions from vehicles in a bid to reduce environmental damage has resulted in rising manufacturing and growing adoption of electric vehicles. According to the report by International Energy Agency (IEA), more than one million electric vehicles were sold in 2017 that represents a 56 percent increase from 2016. Under the IEA New Policies Scenario, the number of electronic vehicles are estimated to touch 125 million by end of 2030. The increase in number of electric vehicles is expected to limit the sales of automotive fuel tank, in turn restricting the growth of the automotive fuel tank market in the years to follow.
About the Report
The report on “Automotive Fuel Tank Market Forecast, Trend Analysis and Competition Tracking – Global Review 2017-2022” offers unbiased intelligence on various market segments including assessment on tank types, tank capacities, sales channels and vehicle types. The extensive report on automotive fuel tank market provides in-depth analysis on various market trends, drivers and restraints influencing the growth of the market. Moreover, the report includes historical data analysis along with current market scenario and forecast projections for a period of five years, starting from 2017 till 2022.
Automotive fuel tanks are chambers used to carry flammable liquids. During fuel combustion in the fuel tank, the energy released is propelled into the engine to run the vehicle. Automotive fuel tanks are made from plastic material, or aluminum and steel. They are corrosion free, heat resistant, recyclable, less bulky, and durable and can withstand weight, internal and external erosion.
Additional Questions Answered
The automotive fuel tank market report answers additional questions including:
- At what rate would sales of plastic automotive fuel tank grow by end of the assessment period?
- How much is the demand for automotive fuel tank with captain of 45-75L during 2017-2022?
- Can OEM overwhelm aftermarket channel with respect to sales of automotive fuel tank?
- How will passenger cars contribute to the growth of the overall automotive fuel tank market during the assessment period?
- What is the market attractive of Asia Pacific excluding Japan (APEJ) region?
The report includes complete assessment on key players involved in the manufacturing of automotive fuel tank. The section on competitive landscape can offer vital insights to the reader revealing SWOT analysis, product portfolios, product innovations and developments, key strategies and key financials of major companies. Few of the companies profiled in the report include Magna International Inc., Compagnie Plastic Ominum SA, Yachiyo Industry Co. Ltd., and YAPP Automotive Parts Co. Ltd.
Note: Apart from the above mentioned companies, the report also includes profiled of players such as Martinrea International Inc., Spectra Premium Industries Inc., and Hwashin Co. Ltd.
Fact.MR has recently compiled a report focusing on the opportunity assessment of the global automotive fuel tank market for the five-year forecast period of 2017-2022. This report provides detailed and elaborated analysis of the global landscape of automotive fuel tank, on both qualitative and quantitative slants. The insights offered in the report are strongly backed by extensive research on key market dynamics, market sizing estimations, current and upcoming market trends, and futuristic opportunities shaping the market performance. The avant-garde insights included in the global automotive fuel tank market report aim to help business decision makers and key stakeholders in the automotive fuel tank market develop winning strategies and identify untapped opportunities to achieve high RoI in the near future.
Chapter 1 – Executive Summary: Automotive Fuel Tank Market
The first chapter of the report offers a holistic overview of the automotive fuel tank market analysis performed by Fact.MR. The executive summary offers a quick graphical glance at the historic, current, and prospective market sizing and forecast for the forecast period 2017-2022.
Chapter 2: Automotive Fuel Tank Market Overview
This section of the report focuses on a range macros associated with the growth of automotive fuel tank market, followed by in-depth impact factor analysis, extensive supply chain analysis, and cost structure assessment. The report further offers region-wise intensity mapping of the market presence of key stakeholders.
Chapter 3: Market Segmentation by Material Type
This part of the report elaborates on the assessment of automotive fuel tank market on the basis of material type – plastic, steel, and aluminum. Insights on the revenue and market share, and yearly growth are provided.
Chapter 4: Market Segmentation by Capacity
This chapter offers automotive fuel tank market analysis by capacity – less than 45 L, 45-75 L, and above 75 L. The report offers information about market share, revenue share, and Y-o-Y growth of these sub-segments.
Chapter 5: Market Segmentation by Sales Channel
Revenue, market share, and yearly growth insights have been included in this section of the report that offers analysis of the automotive fuel tank market by sales channel – OEM and aftermarket.
Chapter 6: Market Segmentation by Vehicle Type
Passenger car (PC), LCV, and HCV are the key sub-segments of automotive fuel tank market on the basis of vehicle type, for which the market sizing and forecast insights are provided in the report.
Chapter 7: Market Segmentation by Geographical Region
This chapter of the automotive fuel tank market report covers regional analysis of the market and covers six chief regional market, viz. North America, Europe, Latin America, Japan, Asia Pacific excluding Japan, and Middle East and Africa.
Chapters 8-13: Country-wise Regional Market Assessment
The next few chapters in the report on automotive fuel tank market are dedicated to extensive analysis of each regional market for automotive fuel tank, revealing the detailed assessment of each country included in each regional market.
Chapter 14: Competition Assessment
The competitive landscape of global automotive fuel tank market has been investigated extensively in the report. This section of the competition assessment exhaustively tracks the competition in the automotive fuel tank marketplace, providing valuable insights on company and brand share analysis, company profiling, key developmental strategies, SWOT analysis, latest strategic deals, company NPD and product innovations, and overall financial contribution to the total global automotive fuel tank market value.
Research Methodology: Automotive Fuel Tank Market Report
The research methodology explained in the concluding section of the report throws light on exhaustive research methodology incorporated during the report preparation and data procurement pertinent to the forecast of global automotive fuel tank market. The methodology includes comprehensive secondary and primary research for mining the accurate and precise quantitative and qualitative insights on automotive fuel tank market.
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