Press release
2023 Collapsible Fuel Tank Global Market - Recent Developments, Segmented Data And Business Operation Data Analysis By 2032 | Meggitt plc, GTA Containers, Aero Tec Laboratories Ltd., Amufuel, MPC Containment International LLC, Avon Engineered Fabrications
Collapsible Fuel Tank Global Market
Collapsible Fuel Tank Market Size, Growth Rate, And Forecast
The global collapsible fuel tank market size grew from $1.31 billion in 2022 to $1.43 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The collapsible fuel tank market size is expected to grow to $2.03 billion in 2027 at a CAGR of 9.1%.
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Collapsible Fuel Tank Market Drivers
Rising demand for electric vehicles is expected to propel the growth of the collapsible fuel tank market going forward. Electric vehicles refer to vehicles that use electricity to improve vehicle efficiency. Fuel tanks for extended-range electric vehicles need to be able to endure high vapor pressures allowing optimization of the vehicle's full electric operating range driving mode, as a result, rising demand for electric vehicles increases the demand for collapsible fuel tank market.
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Collapsible Fuel Tank Market Segments
• By Type: Small Capacity, Medium Capacity, Large Capacity
• By Fabric Material: Polyurethane, Composite Material
• By End User: Agriculture, Mining, Military Application, Commercial, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Collapsible Fuel Tank market.
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Collapsible Fuel Tank Market Key Players
Major competitors in the Collapsible Fuel Tank market include Meggitt plc, GTA Containers, Aero Tec Laboratories Ltd., Amufuel, MPC Containment International LLC, Avon Engineered Fabrications Inc., SO. C.A.P, SEI Industries Ltd., ContiTech, Texas Boom Company, Husky Portable Containment
The Business Research Company's "Global Collapsible Fuel Tank Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Collapsible Fuel Tank Market Include:
1. Executive Summary
2. Collapsible Fuel Tank Market Characteristics
3. Collapsible Fuel Tank Market Trends And Strategies
4. Collapsible Fuel Tank Market - Macro Economic Scenario
5. Collapsible Fuel Tank Market Size And Growth
………
27. Collapsible Fuel Tank Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Collapsible Fuel Tank Market
29. Collapsible Fuel Tank Market Future Outlook and Potential Analysis
30. Appendix
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