Automotive Fuel Tank Market

Automotive Fuel Tank Market by Capacity (<45 L, 45 L-70 L & >70 L), Material (Aluminium, Plastic & Steel), SCR Technology, CNG Tank Type (Type 1, Type 2, Type 3 & Type 4), Propulsion Type (Hybrid, Hydrogen, ICE & NGV) and Region - Global Forecast to 2027

Report Code: AT 3136 Feb, 2020, by marketsandmarkets.com
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Automotive Fuel Tank Market

Automotive fuel tank: It is a container or reservoir to carry fuel used by the vehicle. Fuel is stored in the tank and supplied to the engine through a fuel pump. Plastic tanks are fuel tanks that have HDPE/LDPE as their main constituent.

  • Low-density polyethylene (LDPE): LDPE is a thermoplastic made from the monomer ethylene. Compared to HDPE, LDPE is softer, more flexible, and melts at a lower tempurature. It is used for the production of plastic tanks/containers, tubing, and others.
  • High-density polyethylene (HDPE): HDPE is a polyethylene thermoplastic made of petroleum. It is used for the production of plastic tanks, bottles, and piping. It is light weight, long lasting, and weather resistant.

SCR Tank: Selective catalytic reduction is an advanced emission control technology that injects a liquid reductant into the exhaust stream of the diesel engine. This liquid agent is generally called as diesel exhaust fluid (DEF). The DEF is carried in a tank called the SCR tank located under the chassis or frame of a vehicle.

Key Drivers:

  • Growing vehicle production
  • Reduction in vehicle weight, leading to advancement of material used in fuel tank

Key Restrains:

  • Stringent evaporative emission standards
  • Post 2025, electric vehicle production will impact the automotive fuel tank market

Top Players

  1. The Plastic Omnium Group (France)
  2. Textron/Kautex (US)
  3. YAPP (China)
  4. TI Fluid Systems (UK)
  5. Yachiyo (Japan)
  6. Unipres Corporation (Japan)
  7. Magna International (Canada)
  8. FTS (Japan)
  9. SMA Serbatoi S.P.A. (Italy)
  10. SRD Holdings LTD (Japan)

Use Cases

  • TI Fluid Systems was founded in 1919 and is headquartered in Oxford, UK. The company operates through two business segments: Fluids Carrying Systems and Fuel Tank & Delivery Systems. The company has presence in five continents and 28 countries with 114 manufacturing locations. In 2018, TI Fluid Systems announced the launch of PHEV pressurized plastic fuel tank for a leading European OEM in China. The plastic fuel tank utilizes proprietary technology to meet the new increased fuel vapor pressure requirements of HEVs. It also minimizes permeation by insertion of special components into the tank during the manufacturing process. The total lifetime units of this fuel tank are estimated at 950,000 units on the basis of customer planning volumes. It is expected that in the short and midterm HEVs will have high demand and the company can capitalize on that.
  • The Plastic Omnium Group was founded in 1946 and is headquartered in Levallois, France. The company is recognized as a global player, operating 124 factories and 24 R&D centers across 26 countries. The company operates through two business segments: Plastic Omnium Industries and Plastic Omnium Modules. The Plastic Omnium Industries is further subsegmented into Intelligent Exterior Systems and Clean Energy Systems. Fuel tanks are offered under Clean Energy Systems. In November 2019, Plastic Omnium announced that by end of 2020, it would install a dedicated production line of hydrogen tanks at the Herentals plant in Belgium, which currently produces fuel tanks. Fuel cell vehicles are expected to have exponential growth in the long term. This development will help the company to grow its revenue in the long term.
  • Unipres Corporation was founded in 1945 and is headquartered in Yokohama, Japan. The company manufactures press-processed parts of automobiles. Dongfeng Motor Company, Nissan Motor, Nissan North America Inc., and JATCO are important customers of Unipres Corporation. In July 2019, Unipres Corporation established a subsidiary company in Wuhan, China. As China’s automotive market is expected to grow further, the company decided to establish the subsidiary to expand its business with carmakers located in Wuhan, including the Renault-Nissan-Mitsubishi Alliance. The new company will be Unipres Wuhan Corporation, capitalized at USD 22 million.

[181 Pages Report] The automotive fuel tank market is estimated to be USD 20.5 billion in 2020 and is projected to reach USD 27.4 billion units by 2027, at a CAGR of 4.2%. The key growth drivers for the market are growing vehicle production, increasing demand and growing investments for the development of lightweight vehicles, longer driving range and more fuel efficiency, and increasing use of lightweight fuel tanks in the transportation sector.

Automotive Fuel Tank Market

The 45L–70L capacity segment is estimated to lead the market during the forecast period

The average capacity of an automobile fuel tank is 40–70 liters. The automotive fuel tank market is segmented by capacity into three categories: <45 liters, 45–70 liters, and >70 liters. Many passenger vehicles, including mini cars, hatchbacks, and mid-sized sedans, have a fuel tank capacity of <45 liters. Most SUVs and luxury cars have tank capacities greater than 70 liters. The 45–70 liters segment is estimated to be the largest market due to increased production of sedans and mini SUVs in Japan, China, India, Germany, France, and Spain. The >70 liters capacity is estimated to be the fastest growing market during the forecast period. The growing demand for SUVs and commercial vehicles in the US, China, and Germany is expected to drive the >70 liters capacity segment. In the US, about 3.6 million heavy-duty vehicles are required to move 10.5 billion tons of freight annually, which in turn would drive the growth of the >70 liters segment.

Hydrogen tank to be the fastest growing segment of the automotive fuel tank market, by propulsion

The increasing stringency of emission and fuel efficiency norms has shifted the focus of automotive manufacturers toward alternative fuel vehicles such as compressed natural gas (CNG), liquefied natural gas (LNG), and fuel cell vehicles. Under the efficiency standards adopted in 2012, the US passenger vehicle fleet needs to achieve an average fuel economy of 49.1 miles per gallon (mpg) by 2025, or 54.5 mpg as measured in terms of CO2 emissions with various credits for additional climate benefits factored in. For the year 2020, the CAFE standards have set the limit at 49 mpg for cars and 25 mpg for trucks. Several governments have set renewable energy targets and implemented favorable policies such as the Kyoto Protocol. Japan has set a target of setting up 900 hydrogen refuelling stations and 800,000 hydrogen fuel cars by 2028, which will boost the market for hydrogen fuel tanks. Thus, hydrogen fuel tank is projected to be the fastest growing market during the forecast period.

Lightweight Type 4 CNG tanks are expected to be the fastest growing segment during the forecast period

According to the NGV Journal, almost 85 countries across the globe use CNG-powered vehicles, with more than 22.4 million vehicles and 25,000 fueling stations spread across 2,900 cities worldwide. CNG cylinders are designed based on the type of material (metal, glass fiber, and carbon fiber) used. These tanks can be classified into four types—Type 1, Type 2, Type 3, and Type 4—and come in different sizes, depending on specific requirements of the vehicle. Type 4 tanks are lightweight and predominantly used in HDVs. Thus, vehicles equipped with Type 4 tanks offer better fuel efficiency.

Asia Oceania is expected to be the largest market during the forecast period

Asia Oceania is estimated to be the largest market for automotive fuel tanks. Vehicle production has grown at a significant rate in countries such as India and China in recent years. According to the Society of Indian Automobile Manufacturers, the Indian automobile industry registered a growth of 6.26% in 2019 compared to 2018. The increasing demand for mini and medium segment cars such as Suzuki Swift, Hyundai i20, Renault Duster, and Hyundai Creta is expected to drive the market for ICE fuel tanks.

Automotive Fuel Tank Market

Key Market Players

The automotive fuel tank market is dominated by a few global players and comprises several regional players. Some of the key players operating in the market are Plastic Omnium (France), Textron - Kautex (Germany), YAPP (China), TI Fluid Systems (UK), Yachiyo (Japan), Unipres (Japan), Fuel Total Systems (Japan), Magna International (Canada), and SMA Serbatoi S.p.A. (Italy).

Scope of the Report

Report Metric

Details

Market size available for years

2017–2027

Base year considered

2020

Forecast period

2020–2027

Forecast units

Value (USD billion) and volume (units)

Segments covered

Capacity, Material, SCR Technology, Propulsion, CNG Tank, and Region

Geographies covered

Europe, North America, and Asia Oceania

Companies covered

The Plastic Omnium (France), Textron - Kautex (Germany), YAPP (China), TI Fluid Systems (UK), Yachiyo (Japan), Unipres (Japan), Fuel Total Systems (Japan), Magna International (Canada) and SMA Serbatoi S.P.A. (Italy)

This research report categorizes the automotive fuel tank market based on capacity, material, SCR technology, propulsion type, CNG tank type, and region.

Automotive fuel tank market, by Tank Capacity

  • <45L
  • 45L–70L
  • >70L

Automotive fuel tank market, by Material Type

  • Aluminum
  • Plastic
  • Steel

Automotive SCR tank market, by Region

  • Asia Oceania
  • Europe
  • North America
  • Rest of the World

Automotive fuel tank market, by Propulsion Type

  • Hybrid
  • Hydrogen
  • ICE
  • NGV

Automotive fuel tank market, by CNG Tank Type

  • Type 1
  • Type 2
  • Type 3
  • Type 4

Automotive fuel tank market, by Region

  • Asia Oceania
  • Europe
  • North America
  • Rest of the World

Recent Developments

  • In November 2019, Plastic Omnium announced that, by 2020, it would install a dedicated production line of hydrogen tanks at the Herentals plant in Belgium, which currently produces fuel tanks.
  • In July 2019, Plastic Omnium announced an investment worth USD 345 million in four plants for the Intelligent Exterior Systems business in the US, Slovakia, India, and Morocco and three R&D centers, including two for the Clean Energy Systems business (Belgium and China) and the extension and digitization of Σ-Sigmatech for Intelligent Exterior Systems, which opened in June 2019.
  • In July 2019, Plastic Omnium opened two new R&D centers ω-Omegatech and Δ-Deltatech. Both centers are part of the Clean Energy Systems business and focus on emissions control and fuel systems, as well as new energies. The company made an investment of USD 112 million in these centers. The ω-Omegatech center opened in Wuhan, China, specializing in the development, testing, prototyping, and mechanical testing of fuel systems; it will also conduct testing and development for high-pressure hydrogen tanks. The Δ-Deltatech is close to Brussels Airport in Belgium, focusing on emission reduction and fuel systems.
  • In December 2017, Plastic Omnium acquired Optimum CPV, a Belgian company based in Zonhoven, which specializes in the design and production of composite filaments for high pressure hydrogen storage.
  • In January 2018, Kautex announced the expansion of its Bonn headquarters. The new building is 4,000 m2, including 2500 m2 of seven open-plan offices, holding up to 240 employees. The building will house the sales, sales administration, design engineering, and program management teams currently based in Bonn.
  • In August 2019, Textron announced that it would be reviewing strategic alternatives for its Kautex business unit, which produces fuel systems and other functional components. Textron plans to consider a range of options, including a sale, tax-free spin-off, or other transactions. The company is exploring strategic alternatives so that they can position Kautex to best serve its customers for ongoing success while simultaneously unlocking potential value for shareholders.
  • In August 2018, TI Fluid Systems announced the launch of PHEV pressurized plastic fuel tank for a leading European OEM in China. The plastic fuel tank utilizes proprietary technology to meet the new increased fuel vapor pressure requirements of HEVs. It also minimizes permeation by insertion of special components into the tank during the manufacturing process. The total lifetime units of this fuel tank are estimated at 950,000 units on the basis of customer planning volumes.

Critical Questions:

  • How will the rising demand for electric vehicles impact the automotive fuel tank market in the long term?
  • How will government regulations and emission norms impact the automotive fuel tank market?
  • What are the upcoming trends in the automotive fuel tank market? What impact would they make post 2025?
  • What are the key strategies adopted by leading market players to increase their revenue?
  • Which regions and countries are expected to be the key markets for lightweight automotive fuel tank over the next decade?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Objectives
    1.2 Market Definition
    1.3 Inclusions & Exclusions
    1.4 Market Scope
           1.4.1 Markets Covered
           1.4.2 Years Considered in the Study
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 23)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
    2.5 Market Breakdown and Data Triangulation
    2.6 Assumptions
    2.7 Risk Assessment & Ranges

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 37)
    4.1 Attractive Opportunities in the Automotive Fuel Tank Market
    4.2 Automotive Fuel Tank Market, By Region
    4.3 Asia Oceania Automotive Fuel Tank Market, By Capacity Type & Country
    4.4 SCR Tank Market, By Region
    4.5 CNG Fuel Tank Market, By Type
    4.6 Automotive Fuel Tank Market, By Propulsion Type

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Vehicle Production Volume
                    5.2.1.2 Reduction in Vehicle Weight Leading to Advancements of Materials
           5.2.2 Restraints
                    5.2.2.1 Impact of Electric Vehicle Production
                    5.2.2.2 Stringent Evaporative Emission Standards
           5.2.3 Opportunities
                    5.2.3.1 Efforts to Build Economical Fuel Tanks Using Lightweight Materials
           5.2.4 Challenges
                    5.2.4.1 High Cost of Composite Tanks and Regulatory Approvals
                    5.2.4.2 Regulations Pertaining to Recycling of Shredded Fuel Tank Plastics
    5.3 Automotive Fuel Tank Market, Scenarios (2019–2027)
           5.3.1 Automotive Fuel Tank Market, Most Likely Scenario
           5.3.2 Automotive Fuel Tank Market, Optimistic Scenario
           5.3.3 Automotive Fuel Tank Market, Pessimistic Scenario

6 Industry Trends (Page No. - 49)
    6.1 Porter’s 5 Forces
    6.2 Value Chain Analysis
    6.3 Macro Indicator Analysis
           6.3.1 Introduction
           6.3.2 Macro Indicators Influencing the Automotive Fuel Tank Market for Top 3 Countries
                    6.3.2.1 United States
                    6.3.2.2 Germany
                    6.3.2.3 China

7 Automotive Fuel Tank Market, By Material (Page No. - 54)
    7.1 Introduction
    7.2 Research Methodology
    7.3 Plastic
           7.3.1 Plastic Tanks to Lead the Market Due to Light Weight Advantages Over Metal Tanks
    7.4 Steel
           7.4.1 Market for Steel is Expected to Decline Due to Use of Light Weight Material
    7.5 Aluminum
           7.5.1 Aluminium to Be the Largest Used Material in Commercial Vehicles
    7.6 Key Industry Insights

8 Automotive Fuel Tank Market, By Capacity (Page No. - 61)
    8.1 Introduction
    8.2 Research Methodology
    8.3 <45 Liters
           8.3.1 Increasing Production of Mini Passenger Cars in India and Japan to Drive the <45L Segment in Asia Oceania
    8.4 45–70 Liters
           8.4.1 Increasing Suv Adoption in US and Canada to Drive the 45–70L Segment in North America
    8.5 >70 Liters
           8.5.1 High Truck, Bus, and LCV Production in Asia Oceania to Fuel the >70L Segment
    8.6 Key Industry Insights

9 Automotive Selective Catalytic Reduction (SCR) Tank Market, By Region and Vehicle Type (Page No. - 68)
    9.1 Introduction
    9.2 Research Methodology
    9.3 Asia Oceania
           9.3.1 High Production of Diesel Powered Vehicles in the Region is Expected to Drive the Market
    9.4 Europe
           9.4.1 Decreasing Adoption of Diesel Passenger Cars Will have Significant Impact on the Market
    9.5 North America
           9.5.1 Increasing Adoption of Diesel-Powered SUVS and Pickups to Boost the Market
    9.6 RoW
           9.6.1 Passenger Car Segment is Projected to Be the Fastest
    9.7 Key Industry Insights

10 Automotive CNG Tank Market, By Type (Page No. - 77)
     10.1 Introduction
     10.2 Research Methodology
     10.3 Type 1
             10.3.1 High Demand for CNG Vehicles in Countries Like India to Drive Type 1 Segment
     10.4 Type 2
             10.4.1 Balance Between Cost and Weight Provided to Drive Type 2 Market
     10.5 Type 3
             10.5.1 Growth in Production of Commercial Vehicles to Drive Type 3 Segment
     10.6 Type 4
             10.6.1 Increased Demand for Lightweight and Fuel-Efficient Vehicles to Drive Type 4 Segment
     10.7 Key Industry Insights

11 Automotive Fuel Tank Market, By Propulsion (Page No. - 86)
     11.1 Introduction
     11.2 Research Methodology
     11.3 ICE
             11.3.1 Large Production Capacities for Automobiles in China and India are Expected to Drive the Market
     11.4 Natural Gas Vehicle (NGV)
             11.4.1 Growing Demand for CNG/LNG Vehicles in Countries Like India is Expected to Fuel the Market
     11.5 Hydrogen
             11.5.1 Increasing Emission Norms Across Countries to Drive the Market
     11.6 Hybrid
             11.6.1 Tax Rebates and Incentives on the Purchase of Hybrid Cars to Boost the Market
     11.7 Key Industry Insights

12 Automotive Fuel Tank Market, By Region (Page No. - 96)
     12.1 Introduction
     12.2 Asia Oceania
             12.2.1 China
                        12.2.1.1 Large Production Capability Expected to Drive the Chinese Market
             12.2.2 Japan
                        12.2.2.1 Consumer Preference for Mini and Mid Segment Cars to Fuel the Japanese Market
             12.2.3 South Korea
                        12.2.3.1 Government Policies on Light Weight and Eco-Friendly Vehicles to Drive the Market
             12.2.4 India
                        12.2.4.1 High Production of Commercial Vehicles to Boost the Indian Market
             12.2.5 Indonesia
                        12.2.5.1 Government Subsidies for Automobile Manufacturers to Drive the Indonesian Market
             12.2.6 Thailand
                        12.2.6.1 Government Schemes to Drive the Thai Market
             12.2.7 Rest of Asia Oceania
                        12.2.7.1 Presence of Large Manufacturing Companies in Australia to Drive the Fuel Tank Market
     12.3 North America
             12.3.1 US
                        12.3.1.1 Increasing LCV & HCV Production Due to Growth of Trucking to Drive the US Market
             12.3.2 Mexico
                        12.3.2.1 Collaboration With the US and Canada for Free Trade to Boost the Mexican Market
             12.3.3 Canada
                        12.3.3.1 Presence of OEMs Like FCA, Ford, GM, Honda and Toyota to Drive the Fuel Tank Market
     12.4 Europe
             12.4.1 Germany
                        12.4.1.1 R&D on Composite Fiber Fuel Tanks to Drive the German Market
             12.4.2 France
                        12.4.2.1 Government Policies for Use of Alternate Fuel Vehicles to Drive the French Market
             12.4.3 UK
                        12.4.3.1 Stringent Emission Norms to Boost the UK Market
             12.4.4 Spain
                        12.4.4.1 Technological Investments in Alternate Fuels to Drive the Spanish Market
             12.4.5 Russia
                        12.4.5.1 Presence of Major Fuel Tank Manufacturers to Drive the Russian Market
             12.4.6 Italy
                        12.4.6.1 Projects and Government Initiatives to Drive the Italian Market
             12.4.7 Turkey
                        12.4.7.1 High Production Volume of Passenger Cars to Drive the Turkish Market
             12.4.8 Rest of Europe
                        12.4.8.1 Increasing Presence of Vehicle Manufacturers to Drive the Rest of Europe Market
     12.5 Rest of the World (RoW)
             12.5.1 Brazil
                        12.5.1.1 Growing Vehicle Production to Drive the Brazilian Market
             12.5.2 South Africa
                        12.5.2.1 Declining Vehicle Sales May have Negative Impact on the South African
             12.5.3 Argentina
                        12.5.3.1 Sharp Decline in Vehicle Demand Would Negatively Impact the Argentinian Market
             12.5.4 Iran
                        12.5.4.1 Upcoming Government Plans for Domestic Parts Production to Drive the Iranian Market

13 Competitive Landscape (Page No. - 140)
     13.1 Overview
     13.2 Automotive Fuel Tank: Market Ranking Analysis
     13.3 Competitive Leadership Mapping
             13.3.1 Terminology
             13.3.2 Visionary Leaders
             13.3.3 Innovators
             13.3.4 Dynamic Differentiators
             13.3.5 Emerging Companies
     13.4 Strength of Product Portfolio
     13.5 Business Strategy Excellence
     13.6 Competitive Scenario
             13.6.1 New Product Developments/Launch
             13.6.2 Expansions
             13.6.3 Acquisitions
             13.6.4 Partnerships/Contracts
     13.7 Right to Win

14 Company Profiles (Page No. - 150)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)*
     14.1 The Plastic Omnium Group
     14.2 Textron (Kautex)
     14.3 YAPP
     14.4 TI Fluid Systems
     14.5 Yachiyo
     14.6 Unipres Corporation
     14.7 Magna International
     14.8 FTS
     14.9 SMA Serbatoi S.P.A.
     14.10 SRD Holdings LTD.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies.
     14.11 Asia Oceania
             14.11.1 Metal Tech Co., LTD.
             14.11.2 Hwashin Co., LTD.
             14.11.3 Dali & Samir Engineering Pvt. LTD
             14.11.4 Bellsonic Corporation
             14.11.5 Crefact Corporation
             14.11.6 Asno Horie
     14.12 Europe
             14.12.1 Donghee
             14.12.2 Kongsberg Automotive
     14.13 North America
             14.13.1 Westport Fuel Systems
             14.13.2 BOYD Welding

15 Appendix (Page No. - 174)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets Subscription Portal
     15.4 Available Customization
             15.4.1 Automotive Fuel Tank Market, By Vehicle Type
                        15.4.1.1 Passenger Car
                        15.4.1.2 Light Commercial Vehicles
                        15.4.1.3 Truck
                        15.4.1.4 Bus
             15.4.2 <45: Automotive Fuel Tank Market, By Capacity Type
                        15.4.2.1 Passenger Car
                        15.4.2.2 Light Commercial Vehicles
                        15.4.2.3 Truck
                        15.4.2.4 Bus
             15.4.3 Plastic: Automotive Fuel Tank Market, By Vehicle Type
                        15.4.3.1 Passenger Car
                        15.4.3.2 Commercial Vehicles
             15.4.4 Additional Company Profiles (Upto 3)
                        15.4.4.1 Business Overview
                        15.4.4.2 Recent Financials
                        15.4.4.3 SWOT Analysis
                        15.4.4.4 Recent Developments
                        15.4.4.5 MnM View
     15.5 Related Reports
     15.6 Author Details
 
 
List of Tables (145 Tables)
 
Table 1 Parameters and Assumptions
Table 2 Risk Assessment & Ranges
Table 3 Automotive Fuel Tank Market (Most Likely), By Region, 2017–2027 (USD Million)
Table 4 Automotive Fuel Tank Market (Optimistic), By Region, 2017–2027 (USD Million)
Table 5 Automotive Fuel Tank Market (Pessimistic), By Region, 2017–2027 (USD Million)
Table 6 Automotive Fuel Tank Market, By Material, 2017–2027 (‘000 Units)
Table 7 Automotive Fuel Tank Market, By Material, 2017–2027 (Metric Tons)
Table 8 Plastic: Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 9 Plastic: Fuel Tank Market, By Region, 2017–2027 (Metric Tons)
Table 10 Steel: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 11 Steel: Automotive Fuel Tank Market, By Region, 2017–2027 (Metric Tons)
Table 12 Aluminum: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 13 Aluminum: Automotive Fuel Tank Market, By Region, 2017–2027 (Metric Tons)
Table 14 Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 15 Global Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 16 <45L: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 17 <45L: Automotive Fuel Tank Market, By Region, 2017–2027 (USD Million)
Table 18 45–70L: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 19 45-70 Liters Automotive Fuel Tank Market, By Region, 2017–2027 (USD Million)
Table 20 >70L: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 21 >70L: Automotive Fuel Tank Market, By Region, 2017–2027 (USD Million)
Table 22 Automotive Selective Catalytic Reduction Tank Market, By Region, 2017–2027 (‘000 Units)
Table 23 Automotive Selective Catalytic Reduction Tank Market, By Region, 2017–2027 (USD Million)
Table 24 Automotive Selective Catalytic Reduction Tank Market, By Vehicle Type, 2017–2027 (‘000 Units)
Table 25 Automotive Selective Catalytic Reduction Tank Market, By Vehicle Type, 2017–2027 (USD Million)
Table 26 Asia Oceania: SCR Tank Market, By Vehicle Type, 2017–2027 (‘000 Units)
Table 27 Asia Oceania: SCR Tank Market, By Vehicle Type, 2017–2027 (USD Million)
Table 28 Europe: SCR Tank Market, By Vehicle Type, 2017–2027 (‘000 Units)
Table 29 Europe: SCR Tank Market, By Vehicle Type, 2017–2027 (USD Million)
Table 30 North America: SCR Tank Market, By Vehicle Type, 2017–2027 (‘000 Units)
Table 31 North America: SCR Tank Market, By Vehicle Type, 2017–2027 (USD Million)
Table 32 RoW: SCR Tank Market, By Vehicle Type, 2017–2027 (‘000 Units)
Table 33 RoW: SCR Tank Market, By Vehicle Type, 2017–2027 (USD Million)
Table 34 Types of Compressed Natural Gas (CNG) Cylinders
Table 35 Weight Reduction of Different Types of CNG Cylinders
Table 36 Comparison of Weight and Cost of CNG Cylinders
Table 37 Comparison of Different Parameters for CNG Cylinder Types
Table 38 Automotive CNG Tank Market, By Type, 2017–2027 (‘000 Units)
Table 39 Automotive CNG Tank Market, By Type, 2017–2027 (USD Million)
Table 40 Type 1: Automotive CNG Tank Market, By Region, 2017–2027 (‘000 Units)
Table 41 Type 1: Automotive CNG Tank Market, By Region, 2017–2027 (USD Million)
Table 42 Type 2: Automotive CNG Tank Market, By Region, 2017–2027 (‘000 Units)
Table 43 Type 2: Automotive CNG Tank Market, By Region, 2017–2027 (USD Million)
Table 44 Type 3: Automotive CNG Tank Market, By Region, 2017–2027 (‘000 Units)
Table 45 Type 3: Automotive CNG Tank Market, By Region, 2017–2027 (USD Million)
Table 46 Type 4: Automotive CNG Tank Market, By Region, 2017–2027 (‘000 Units)
Table 47 Type 4: Automotive CNG Tank Market, By Region, 2017–2027 (USD Million)
Table 48 Automotive Fuel Tank Market, By Propulsion, 2017–2027 (‘000 Units)
Table 49 Automotive Fuel Tank Market, By Propulsion, 2017–2027 (USD Million)
Table 50 ICE: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 51 ICE: Automotive Fuel Tank Market, By Region, 2017–2027 (USD Million)
Table 52 Refueling Infrastructure for Methane Powered Transport in Eu
Table 53 GHG Performance of CNG Cars Compared to Petrol and Diesel
Table 54 Comparison of Emissions for the Most Sold CNG Vehicles in the EU in 2017 (Volkswagen Golf Vii) to Equivalent Models (G Co2eq./Km)
Table 55 Real-World Tailpipe Emissions of Euro 6 Vehicles
Table 56 NGV: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 57 NGV: Automotive Fuel Tank Market, By Region, 2017–2027 (USD Million)
Table 58 Hydrogen: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 59 Hydrogen: Automotive Fuel Tank Market, By Region, 2017–2027 (USD Million)
Table 60 Hybrid Vehicle: Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 61 Hybrid Vehicle: Automotive Fuel Tank Market, By Region, 2017–2027 (USD Million)
Table 62 Automotive Fuel Tank Market, By Region, 2017–2027 (‘000 Units)
Table 63 Automotive Fuel Tank Market, By Region, 2017–2027 (USD Million)
Table 64 Asia Oceania: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 65 Asia Oceania: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 66 Asia Oceania: Automotive Fuel Tank Market, By Country, 2017–2027 (‘000 Units)
Table 67 Asia Oceania: Automotive Fuel Tank Market, By Country, 2017–2027 (USD Million)
Table 68 China: Details of Automotive Fuel Tank and Component Suppliers By Vehicle Model
Table 69 China: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 70 China: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 71 Japan: Details of Automotive Fuel Tank and Component Suppliers By Vehicle Models
Table 72 Japan: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 73 Japan: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 74 South Korea: Details of Automotive Fuel Tank and Component Suppliers By Vehicle Models
Table 75 South Korea: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 76 South Korea: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 77 India: Details of Automotive Fuel Tank and Component Suppliers By Vehicle Models
Table 78 India: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 79 India: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 80 Indonesia: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 81 Indonesia: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 82 Thailand: Details of Automotive Fuel Tank and Component Suppliers By Vehicle Models
Table 83 Thailand: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 84 Thailand: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 85 Rest of Asia Oceania: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 86 Rest of Asia Oceania: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 87 North America: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 88 North America: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 89 North America: Automotive Fuel Tank Market, By Country, 2017–2027 (‘000 Units)
Table 90 North America: Automotive Fuel Tank Market, By Country, 2017–2027 (USD Million)
Table 91 US: Details of Automotive Fuel Tank and Component Suppliers By Vehicle Model
Table 92 US: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 93 US: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 94 Mexico: Details of Automotive Fuel Tank and Component Suppliers By Vehicle Model
Table 95 Mexico: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 96 Mexico: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 97 Canada: Details of Automotive Fuel Tank and Component Suppliers By Vehicle Model
Table 98 Canada: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 99 Canada: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 100 Europe: Details of Fuel Tank and Component Suppliers By Vehicle Models
Table 101 Europe: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 102 Europe: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 103 Europe: Automotive Fuel Tank Market, By Country, 2017–2027 (‘000 Units)
Table 104 Europe: Automotive Fuel Tank Market, By Country, 2017–2027 (USD Million)
Table 105 Germany: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 106 Germany: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 107 France: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 108 France: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 109 UK: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 110 UK: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 111 Spain: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 112 Spain: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 113 Russia: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 114 Russia: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 115 Italy: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 116 Italy: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 117 Turkey: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 118 Turkey: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 119 Rest of Europe: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 120 Rest of Europe: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 121 RoW: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 122 RoW: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 123 RoW: Automotive Fuel Tank Market, By Country, 2017–2027 (‘000 Units)
Table 124 RoW: Automotive Fuel Tank Market, By Country, 2017–2027 (USD Million)
Table 125 Brazil: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 126 Brazil: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 127 South Africa: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 128 South Africa: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 129 Argentina: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 130 Argentina: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 131 Iran: Automotive Fuel Tank Market, By Capacity, 2017–2027 (‘000 Units)
Table 132 Iran: Automotive Fuel Tank Market, By Capacity, 2017–2027 (USD Million)
Table 133 New Product Developments/Launch, 2018
Table 134 Expansions, 2018–2019
Table 135 Acquisitions, 2017–2018
Table 136 Partnerships/Contracts, 2019
Table 137 The Plastic Omnium Group: Organic Developments
Table 138 The Plastic Omnium Group: Inorganic Developments
Table 139 Kautex: Organic Developments
Table 140 Kautex: Inorganic Developments
Table 141 TI Fluid Systems: Organic Developments
Table 142 Yachiyo: Organic Developments
Table 143 Yachiyo: Inorganic Developments
Table 144 Unipres Corporation: Organic Developments
Table 145 Magna International: Organic Developments


List of Figures (50 Figures)

Figure 1 Automotive Fuel Tank Market: Market Segmentation
Figure 2 Automotive Fuel Tank Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Automotive Fuel Tank Market: Market Estimation
Figure 6 Automotive Fuel Tank Market: Bottom-Up Approach
Figure 7 Data Triangulation
Figure 8 Automotive Fuel Tank Market Overview
Figure 9 Automotive Fuel Tank Market: Market Dynamics
Figure 10 Asia Oceania is Estimated to Hold the Largest Share of Automotive Fuel Tank Market in 2019
Figure 11 45 L–70 L Capacity Segment Dominates the Automotive Fuel Tank Market in 2019
Figure 12 Plastic Fuel Tank Holds the Largest Share of the Automotive Fuel Tank Market, By Material, in 2019 (Metric Tons)
Figure 13 Europe is Estimated to Be the Largest Market for Selective Catalytic Reduction, 2019 vs 2027
Figure 14 Automotive Fuel Tank Market: YC-YCC Shift
Figure 15 Increasing Vehicle Production Volume and Reduction in Vehicle Weight are Expected to Drive the Automotive Fuel Tank Market
Figure 16 North America is Estimated to Be the Fastest Growing Automotive Fuel Tank Market During the Forecast Period
Figure 17 45L–70L Segment is Estimated to Account for the Largest Share of Asia Oceania Automotive Fuel Tank Market in 2019
Figure 18 Europe is Estimated to have the Largest Share of SCR Tank Market in 2019
Figure 19 Type 4 is Projected to Be the Fastest Growing Market During the Forecast Period
Figure 20 ICE Vehicle is Estimated to Be the Largest Market in 2019
Figure 21 Automotive Fuel Tank Market: Market Dynamics
Figure 22 Regulations for Reduction in Vehicle Weight, 2014–2025
Figure 23 Electric Vehicle Production, 2018 (Million Units)
Figure 24 Value Chain Analysis of Automotive Fuel Tank Market
Figure 25 Rising GNI Per Capita and Increased Consumer Spending are Expected to have A Positive Impact on the Demand for Premium Vehicles
Figure 26 Reduced Costs and Technological Innovations are Expected to have A Positive Impact on the German Automotive Industry
Figure 27 Improving GDP and Increasing Focus on Innovation in the Automotive Industry have Made China A Strong Market for Exporting Vehicles
Figure 28 Automotive Fuel Tank Market, By Material, 2017-2027 (‘000 Units)
Figure 29 Automotive Fuel Tank Market, By Capacity Type, 2019 vs 2027 (USD Million)
Figure 30 Automotive Selective Catalytic Reduction System
Figure 31 Automotive Selective Catalytic Reduction Tank Market, By Region, 2017 vs 2027 (USD Million)
Figure 32 Automotive CNG Tank Market, By Type, 2017–2027 (USD Million)
Figure 33 Automotive Fuel Tank Market, By Propulsion, 2019 vs 2027 (USD Million)
Figure 34 Automotive Fuel Tank Market, By Region, 2019 vs 2027 (USD Million)
Figure 35 Asia Oceania: Automotive Fuel Tank Market Snapshot
Figure 36 North America: Automotive Fuel Tank Market Snapshot
Figure 37 Europe: Automotive Fuel Tank Market Snapshot
Figure 38 Automotive Fuel Tank – Market Ranking Analysis, 2018
Figure 39 Automotive Fuel Tank Manufacturers: Competitive Leadership Mapping (2018)
Figure 40 Automotive Fuel Tank Manufacturers: Company-Wise Product Offering Analysis
Figure 41 Automotive Fuel Tank Manufacturers: Company-Wise Business Strategy Analysis
Figure 42 Companies Adopted New Product Development & Partnerships/ Agreements/Supply Contracts/Collaborations/Joint Ventures as the Key Growth Strategy, 2017–2019
Figure 43 The Plastic Omnium Group: Company Snapshot
Figure 44 Textron: Company Snapshot
Figure 45 Kautex: Company Snapshot
Figure 46 YAPP: Company Snapshot
Figure 47 TI Fluid Systems: Company Snapshot
Figure 48 Yachiyo: Company Snapshot
Figure 49 Unipres Corporation: Company Snapshot
Figure 50 Magna International: Company Snapshot

The study involved four major activities for projecting the size of the automotive fuel tank market, which include exhaustive secondary research to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. The bottom-up approach was employed to estimate the complete market size. Market breakdown and data triangulation techniques were then used to estimate the market size of the segments and subsegments.

Secondary Research

The study involves a country-level analysis of the automotive fuel tank market. This analysis involves historical trends as well as existing penetrations by country and material type. The analysis is projected on the basis of various factors such as growth trends in vehicle sales, vehicle production, government initiatives, funding, and regulations or mandates related to emission norms. In the secondary research process, various secondary sources have been used to identify and collect information useful for an extensive commercial study of the automotive fuel tank market. Secondary sources include company annual reports/presentations, press releases, industry association publications [for example, automobile organizations/associations, traders, distributors, and suppliers of fuel tanks, other components vendors, and government entities], electric vehicle magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases (for example, MarkLines and Factiva).

Primary Research

Extensive primary research has been conducted after acquiring an understanding of the automotive fuel tank market scenario through secondary research. Several primary interviews have been conducted with market experts from the demand- and supply-side [OEMs (in terms of component supply, country-level government associations, and trade associations) and component manufacturers] across three major regions, namely, North America, Asia Oceania, and Europe. Approximately 70% and 30% of primary interviews have been conducted from the supply and demand side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.

After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.

Automotive Fuel Tank Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up approach was used to estimate and validate the total size of the automotive fuel tank market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of volume, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

The bottom-up approach has been used to estimate and validate the size of the automotive fuel tank market. In this approach, the vehicle sales statistics for each vehicle type (passenger car, light commercial vehicle, bus, and truck) have been considered at a country level.

To determine the market size, in terms of volume, a model mapping of passenger and commercial vehicles has been carried out for each country and vehicle type. The number of vehicle models varies from country to country. After analyzing the models, the segments have been classified further into material, propulsion, CNG tank type, SCR technology, and region. The market penetration of the automotive fuel tank segments, from the model mapping, is then multiplied by the country-level vehicle production to derive the volume of each segment type. The country-level data is added to arrive at the region-level data in terms of volume. The summation of the country-level markets gives the regional market size, and further summation of the regional market size provides the global automotive fuel tank market size.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both demand- and supply-side.

Objectives Of The Study

  • To define, describe, and forecast the automotive fuel tank market in terms of value (USD million) and volume (‘000 units)
    • By Material (Plastic, Steel, Aluminum), by volume (‘000 units) and metric tons at regional level
    • By Capacity (<45L, 45-70L,>70L), by volume (‘000 units) and value (USD million) at regional level
    • Automotive Selective Catalytic Reduction (SCR) tank market, by vehicle type (Passenger Vehicle, Light commercial Vehicle, Heavy Commercial Vehicle), and region (Asia Oceania, Europe, North America, and RoW) by volume (‘000 units) and value (USD million)
    • Automotive Compressed Natural Gas (CNG), by type (Type1, Type 2, Type 3, and Type 4), by volume (‘000 units) and value (USD million) at regional level
    • By Fuel Type (Internal Combustion Vehicle (ICE), Natural Gas Vehicle (NGV), hydrogen vehicle, and hybrid vehicle), by volume (‘000 units) and value (USD million) at regional level
    • By Region (Asia Pacific, Europe, North America, and RoW), by volume (‘000 units) and value (USD million) at country level
  • To understand the market dynamics (drivers, restraints, opportunities, and challenges) of the automotive fuel tank market
  • To understand and analyze the automotive fuel tank market scenarios (most likely, optimistic, pessimistic)
  • To understand and analyze the future opportunities and potential in the automotive fuel tank market
  • To analyze the market ranking of key players operating in the automotive fuel tank market
  • To analyze the competitive landscape and prepare a competitive leadership mapping for the global players operating in the automotive fuel tank market
  • To analyze recent developments, alliances, joint ventures, mergers & acquisitions, new product launches, and other activities carried out by key industry participants in the automotive fuel tank market

Available Customizations

  • Automotive Fuel Tank Market, By Vehicle Type
  • <45: Automotive Fuel Tank Market, By Vehicle Type
  • Plastic: Automotive Fuel Tank Market, By Vehicle Type
  • Additional Company Profiles (Upto 3)
Report Code
AT 3136
Published ON
Feb, 2020
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