Press release
Global Automotive Fuel Tank Market to Witness a Pronounce Growth During 2023
Automotive fuel tank is an important safety and functional part of vehicle. Automotive fuel tank is a separate cabinet assembly fixed in the motor vehicle, used to store fuel. An automotive fuel tank system consists of fuel tank, fuel pipes, fuel tank cap, pipe fittings and other kinds of ancillary equipment. Automotive fuel tank functions for oil storage, heat dissipation, bubble separation and impurities precipitation, etc.
With the fast increase of vehicle production, the automotive fuel tank industry developed fast in the recent years. Depending on the existing increase trend, the prospects of automotive fuel tank industry is good in next years.
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Global Automotive Fuel Tank Market: Forecast by Type / Application / Region
The growth rate of vehicles production may be slow in Europe and US. While in Asian region, especially in China, the automotive fuel tank industry will get a large development due to the development of automotive industry. In recent years, companies like Inergy have established several plants in China to produce fuel tanks.
In China, automotive fuel tank industry appears pattern of “Only one super Power and Multi-great Power”. Manufacturers like Yapp have largely expanded their capacity in recent years. Once they make breakthrough in technology, the foreign manufacturers may lose large advantage.
Over the next five years, LPI(LP Information) projects that Automotive Fuel Tank will register a 2.6% CAGR in terms of revenue, reach US$ 11000 million by 2023, from US$ 9430 million in 2017.
Global Automotive Fuel Tank Market: Key Players
Inergy
Kautex
TI Automotive
Yachiyo
Hwashin
Magna Steyr
FTS
Futaba
SKH Metal
Sakamoto
Donghee
Tokyo Radiator
AAPICO
Martinrea
YAPP
Jiangsu Suguang
Luzhou North
Chengdu Lingchuan
Wuhu Shunrong
Yangzhou Changyun
Jiangsu Hongxin
Wanxiang Tongda
Anhui Xincheng
Jiangling Huaxiang
Changchun Fuel Tank
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Related Information:
United States Automotive Fuel Tank Market Research Report 2018
Europe Automotive Fuel Tank Market Research Report 2018
North America Automotive Fuel Tank Market Research Report 2018
Asia-Pacific Automotive Fuel Tank Market Research Report 2018
China Automotive Fuel Tank Market Research Report 2018
EMEA Automotive Fuel Tank Market Research Report 2018
Global Automotive Fuel Tank Market Research Report 2018
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