Press release
Automotive Fuel Tank Market is Projected as the fastest growth Opportunities by 2031 | Hyundai Kefico, Benteler, Denso, Aisen Industry
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Steel is the most common material used to make automotive fuel tanks because it is strong and durable. Aluminum is used to make automotive fuel tanks because it is lightweight and does not rust. Plastic is used to make automotive fuel tanks because it is lightweight and does not corrode.
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Key Trends and Drivers
The automotive fuel tank market has seen several key trends emerge over the past 5 years. One of the most notable trends has been the increasing popularity of alternative fuel sources, such as electric vehicles and hybrid vehicles. This has led to a corresponding increase in demand for fuel tanks that can accommodate these alternative fuels. Another key trend has been the development of new materials and technologies for fuel tanks, such as those that can withstand higher temperatures and pressures.
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Market Segments
By Material
Steel
Plastic
Aluminum
By Capacity
70L
By Propulsion
Natural Gas Vehicle (NGV)
Hydrogen
Hybrid
By Tank Type
Type 1
Type 2
Type 3
Type 4
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Key Players
Hyundai Kefico
Robert Bosch
United Automotive Electronic Systems
Benteler
Denso
Continental
Aisen Industry
Toyota Gosei
ASV Eurocar Parts
ABC Group Fuel Systems
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