Press release
Automotive Fuel Tank Market: Industry Trends, Growth, Analysis , Opportunities and Overview 2022
Although low-priced, steel or other metals fail to offer the design freedom and flexibility that often accompanies plastics. Plastic based automotive fuel tank is almost 30% lightweight than metal based automotive fuel tank, contributing significantly to the lightweight vehicular trend in the automotive space. Moreover, plastic automotive fuel tank covers better impact protection and conveniently integrates within the automotive system architecture. A myriad attributes are expected to allow plastic to maintain the lead over steel and aluminum to be used in manufacturing of automotive fuel tanks.
Passenger cars will continue to drive maximum sales of automotive fuel tank, creating a substantial incremental opportunity for automotive fuel tank manufacturers through 2022 and ahead. However, briskly expanding sales of automotive fuel tank in the commercial vehicles sector (both HCVs and LCVs) will possibly garner higher pace of revenue generation during 2017-2022, outperforming PCs in terms of CAGR. Capacity-wise, automotive fuel tanks with the capacity of 45-75L will continue to reign supreme in terms of sales, accounting for an estimated share of over half l automotive fuel tank market value throughout the projection period.
Request 170 Page Sample Report Now:
https://www.factmr.com/connectus/sample?flag=S&rep_id=26
On the other side, vehicle owners are increasingly demanding large sized automotive fuel tanks in an effort to attain high driving range, encouraging automotive fuel tank design innovations and sales. Persistent automotive fuel tank upsizing, particularly in four wheelers, will remain a key factor pushing the demand for larger capacity automotive fuel tanks on the near future. Fact.MR, in the report on global automotive fuel tank market, points to the severe raw material supply-demand imbalance, which is anticipated to remain a longstanding concern facing leading automakers as well as automotive fuel tank manufacturers. Pricing volatilities associated with raw materials will continue to pose a serious challenge to automotive fuel tank manufacturers in the market, eventually pressurizing the supply chain that often results in towering production costs.
The global automotive fuel tank market revenue is foreseen to take an impressive leap, up from the value worth US$ 24 Bn attained in 2017 to beyond US$ 30 Bn towards the end of 2022. More than US$ 29 Bn worth sales have been projected through the OEM segment by the end of forecast period; automotive fuel tank sales in aftermarket will however grow a higher rate. Fact.MR reveals that a majority of the key participants in the global automotive fuel tank market space are prioritizing business expansion within selective regional markets in an effort to strengthen presence in those territories that represent high potential automotive market.
Several automotive fuel tank market partakers are also identified to prefer product promotions through strategic tie-ups with established local distributors and vendors, and aftermarket companies in automotive fuel tank market. Surging acceptance for electric and hybrid electric vehicles on the automotive space holds the promise to fabricate several opportunities for innovating in hybrid automotive fuel tanks. Plastic Omnium, one of the key competitors in global automotive fuel tank landscape, represents a flagship offering that includes a range of automotive fuel tank variants compatible for fully hybrid, micro hybrid, and plug-in hybrid electric vehicles (PHEVs).
Report Overview at https://www.factmr.com/report/26/automotive-fuel-tank-market
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Fuel Tank Market: Industry Trends, Growth, Analysis , Opportunities and Overview 2022 here
News-ID: 1385622 • Views: …
More Releases from Fact.MR
Insulation Blow-in Machine Market is Estimated to be US$ 1,086.9 Million with a …
The global insulation blow-in machine market is projected to increase from USD 552.5 million in 2025 to USD 1,086.9 million by 2035, with a CAGR of 7% during the forecast period. Growth is driven by a rising trend in DIY and home improvement activities, boosting demand for portable insulation blow-in machines. Their effortless operation and convenient handling make them ideal for householders and contractors.
For More Insights into the Market, Request…
Hydrocyclone Market Demand Rising at a Stellar 6.5 % CAGR to Reach USD 1,466.8 M …
The global hydrocyclone market is projected to increase from USD 781.4 million in 2025 to USD 1,466.8 million by 2035, with a CAGR of 6.5% during the forecast period. Growth is driven by rising demand for efficient solid-liquid separation in mining, wastewater treatment, and chemical processing.
Hydrocyclones are ideal for efficient solid-liquid separation due to their compact design, high throughput capacity, energy efficiency, and enhanced durability with advanced ceramic linings.
For More…
Hydraulic Gear Pump Market Set to Surge at 4.4 % CAGR, to Reach US$ 3.4 Billion …
The global hydraulic gear pump market is projected to increase from USD 2.2 billion in 2025 to USD 3.4 billion by 2035, with a CAGR of 4.4% during the forecast period. Growth is driven by increased mechanization in construction and agriculture, integration of energy-efficient systems, and opportunities from industrial automation.
Hydraulic gear pumps are ideal for powering heavy machinery in construction, agricultural equipment, and industrial automation, improving machinery performance and productivity.
For…
Heating Cable Market to Rise at CAGR of 5.4% to Reach US$ 2.9 Billion by 2035: F …
The global heating cable market is projected to grow from USD 1.7 billion in 2025 to USD 2.9 billion by 2035, registering a CAGR of 5.4% during the forecast period. This growth is primarily driven by the rising emphasis on frost protection, pipe freeze prevention, and underfloor heating systems in colder regions.
Rapid urbanization, infrastructure development, and the adoption of smart technologies are further accelerating demand for self-regulating and constant wattage…
More Releases for FactMR
Endoscopic Submucosal Dissection Market Latest Trends and Innovations | FactMR
Endoscopic Submucosal Dissection (ESD) represents a significant advancement in minimally invasive surgical techniques, particularly for the removal of gastrointestinal (GI) tract tumors. As of 2024, the global endoscopic submucosal dissection market (内視鏡的粘膜下層剥離術市場) is anticipated to be valued at approximately USD 313.0 million. With a projected Compound Annual Growth Rate (CAGR) of 7.40%, the market is expected to more than double, reaching USD 640.5 million by 2034. This growth trajectory is…
How will Ice Skating Equipment Market Suffice Varied Taste Buds : FactMR
Latest report published by Fact.MR, a market research and competitive intelligence provider, projects that sales of ice skating equipment will likely increase at a CAGR of 4% from 2021-2031, reaching a market valuation of US$ 1.2 Bn by 2031. Innovations in equipment used in ice skating and exercise and health benefits derived from ice skating are having a positive impact on the sales of ice skating equipment.
Request Sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=227
Key…
How would Medical Case Management Service Market exemplify perfection : FactMR
As per a revised analysis by Fact.MR, a market research and competitive intelligence provider, the global medical case management service market is predicted to rise at a CAGR of 3.2% over the decade. Market revenue is expected to top a valuation of 5.5 Bn by the end of 2031.
Focus on healthcare has grown exponentially and spending has also followed a similar trend. It’s not possible for all patients to have…
Hanging Box Market is to Register Steady Growth During 2028 - FactMR Report
Hanging boxes are best known for their strength, structure and lightweight. Various products ranging from food, beverages, electronic items, machinery parts, cosmetics and medicines are packed in the hanging box. Owing to stringent plastic regulations across the world, hanging boxes are gaining traction from various industries, such as fashion, pharmaceuticals, cosmetics, machinery and food & beverages.
The Market Research Survey by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the…
Why Would The Luxury Eyewear Market Swing in Wireless Surprises? : FactMR
The global luxury eyewear market is projected to grow at a CAGR of over 3% and is estimated to reach a value pool of over US$ 50 Bn by the end of the forecast period (2019-2027). Despite continued threats of trade war and economic uncertainty, the overall outlook for the luxury eyewear market remains optimistic.Over the past decade, the aspirations of luxury businesses' have shifted exponentially and continue to be…
Biofuels Market: Understanding the Key Product Segments and their Future : FactM …
Latest industry survey by Fact MR, predicts Biofuel sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The report offers actionable and valuable market insights of Biofuel. The latest report by Fact.MR provides details on the…
