May 19, 2017 - 9:42 AM EDT
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Global Automotive Fuel Tank Market 2017-2022: Key Players Magna International, Plastic Omnium Group, TI Automotive & Unipres Corporation - Research and Markets

Research and Markets has announced the addition of the "Global Automotive Fuel Tank Market 2017-2022" report to their offering.

The automotive fuel tank market is expected to grow at a CAGR of 7.68% during 2017-2022, to a market size of USD 16.26 billion by the year 2020.

Technologies from the aviation sector like the self-sealing fuel tank technology are slowly seeping into the automotive sector. In the case of leakage, the fuel goes into the layers and this causes the layers to swell and the damaged part to repair itself. The new Range Rover Sentinel features this technology that is expected to slowly feature in automobiles of the future.

The maximum rate of growth will be seen in the 45l-70l capacity tanks, on account of upsizing of the fuel tank capacities in 4-wheelers. The up to 45 l capacity fuel tanks cover the 2-wheeler market and the budget hatchbacks, especially in the emerging markets. In the developing nations, small hatchbacks feature small engines and fuel tanks with a capacity below 45 liters.

One of the largest selling hatchbacks in the world, the Maruti Suzuki Alto 800, features a fuel tank of just 35 liters. Also, a majority of the 2-wheelers on sale in the emerging markets feature fuel tanks below the capacity of 15 liters. The up to 45-liter fuel tank capacity market forms a very sizeable category in the emerging countries.

The Asia-Pacific region, despite sluggish growth in the Chinese market, (the largest automobile market in the world), is expected to lead the growth in the automotive fuel tank market. Europe is forecasted to be one of the fastest growing markets in the above 70-liter fuel tank capacity, as all the heavy commercial vehicles feature fuel tanks above 70 liters and their sales are expected to grow significantly over the forecast period.

Some of the key players in the market are:

  • Magna International
  • Plastic Omnium Group
  • TI Automotive
  • Unipres Corporation

Key Topics Covered:

1. Future Outlook Of The Market

2. Executive Summary

3. Market Overview And Trends

4. Market Dynamics

5. Automotive Fuel Tank Market, Segmented By Capacity

6. Automotive Fuel Tank Market, By Material

7. Automotive Fuel Tank Market, By Geography

8. Competitive Landscape And Introduction

9. Key Vendor Analysis (Overview, Products & Services, Strategies)

  • Central Precision Limited
  • Kautex Textron Gmbh
  • Magna International
  • Martinrea Corporation
  • Plasfuelsys
  • Plastic Omnium Group
  • Ti Automotive
  • Unipres Corporation
  • Yachiyo Corporation
  • Yapp Automotive Parts

For more information about this report visit http://www.researchandmarkets.com/research/8kbnrh/global_automotive

Research and Markets
Laura Wood, Senior Manager
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Related Topics: Automotive Fuel Systems


Source: Business Wire (May 19, 2017 - 9:42 AM EDT)

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