Press release
Automotive Plastic Fuel Tank Market to reach USD 22.44 Bn by 2029, emerging at a CAGR of 5.34 percent and forecast (2023-2029)
The global Automotive Plastic Fuel Tank Market is expected to reach from USD 15.59Bn in 2021 to USD 22.44 Bn by 2029, at a CAGR of 5.34 percent during the forecast period.Automotive Plastic Fuel Tank Market Report Scope and Research Methodology
The report provides a comprehensive analysis of the Global Automotive Plastic Fuel Tank Market, including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. The report also includes a PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors on the market.
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Automotive Plastic Fuel Tank Market Dynamics
The demand for automotive plastic fuel tanks is higher than metal fuel tanks due to their lightweight and moldable properties. High-density polyethylene is the most widely used material in automotive plastic fuel tanks. The demand for plastic fuel tanks in vehicles is fueled by its light weight and moldable properties, driving the growth of the market during the estimated period. In addition, the rise in demand for passenger vehicles in developing countries like China and India is expected to drive the market during the forecast period. However, the presence of many competitors in the market results in low profit margins for existing players, which hampers the market's growth. Moreover, the production of electric vehicles, stringent evaporative emission standards, and safety norms enacted by governments also hinder the growth of the market.
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Automotive Plastic Fuel Tank Market Regional Insights
The regional analysis of the Global Automotive Plastic Fuel Tank Market is segregated across North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific dominates the market due to a large number of shares of automotive manufacturing. The high production of passenger vehicles in this region and rapid expansion of the automotive industry in South Korea, China, and India are likely to drive the market in this region during the forecast period.
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Automotive Plastic Fuel Tank Market Segmentation
By Layer:
• Single-layer fuel tank
• Multi-layer fuel tank
By Vehicle Type:
• Light Vehicle
• Commercial Vehicle
• Passenger Vehicle
By Capacity:
• Below 45 liters
• 45-70 liters
• Above 70 liters
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Automotive Plastic Fuel Tank Market Key Competitors include:
• Inergy Automotive system Co., Ltd
• YAPP Automotive Systems Co., Ltd
• Kautex Textron
• TI Automotive
• Hebei Feida Auto Parts Co., Ltd.
• Magna Steyr
• Jiangsu Suguang
• FTS Co., Lim
• Tokyo Radiator Mfg. Co., Ltd.
• Yamura Technology
• Sakamoto
• Yachiyo Industry Co., Ltd.
• Unipres technology
• Magna Steyr
• AAPICO Hitech Public Co. Lim
• Wuhu Shunrong
• Donghee
• Chengdu Lingchuan Special Industrial Co., Ltd.
• Hwashin Co., Ltd.
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Table of Content for Automotive Plastic Fuel Tank Market:
Global Automotive Plastic Fuel Tank Market: Research Methodology
Global Automotive Plastic Fuel Tank Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Automotive Plastic Fuel Tank Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Automotive Plastic Fuel Tank Market Segmentation
Global Market, by Layer (2021-2029)
Global Market, by Vehicle Type (2021-2029)
Global Market, by Capacity (2021-2029)
Regional Automotive Plastic Fuel Tank Market (2021-2029)
Regional Market, by Layer (2021-2029)
Regional Market, by Vehicle Type (2021-2029)
Regional Market, by Capacity (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Layer, Vehicle Type and Capacity
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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