Press release
Global and China Automotive Fuel Tank Industry Report, 2017-2021
Global and China Automotive Fuel Tank Industry Report, 2017-2021
More information: https://www.researchbymarkets.com/report/global-and-china-automotive-fuel-tank-industry-report-2017-2021-6060.html
Global automotive fuel tank market size was about 93.50 million sets in 2016, up 3.8% year on year. Under the twin impact of steady growth in the automobile market and a rapid rise in new energy vehicle, the world's automotive fuel tank market will grow at an average rate of around 3.2% between 2017 and 2021, reaching 110 million sets in 2021.
China, a big producer of automobiles and the largest consumer of fuel tanks worldwide, had an automotive fuel tank market size of approximately 28.05 million sets, 30.0% of the world's total. The figures are expected to attain 35.76 million sets and about 32.6% in 2021.
Inquiry: https://www.researchbymarkets.com/inquiry/6060
Because of high safety, light weight, anti-corrosion and easy forming and the country's policies on auto environmental friendliness and light-weight, plastic fuel tank now takes the lion's share, up to roughly 80% worldwide and 71% in China in 2016. The share will continue to rise, expected to reach 88% globally and 81% domestically in 2021.
Against the backdrop of carmakers' stringent criteria on selection of fuel tank suppliers and strict requirements on product quality, global fuel tank market is highly concentrated, particularly in plastic fuel tank market. Top 5 global automotive fuel tank suppliers (INERGY, Kautex, YAPP, TI and YACHIYO) seized a combined 75.8% market share in 2016, of which INERGY held the largest share, about 26.7%.
Access full report: https://www.researchbymarkets.com/paynow/6060
The Chinese plastic fuel tank market presents a competitive landscape with YAAP as a leader and private and foreign-funded enterprises (Kautex, INERGY, TI, Jiangsu Suguang Automotive Parts and YACHIYO) co-existing. YAPP held a 40.2% market share in 2016 with total capacity of 13.60 million sets/a (by the end of Jun 2016). YAPP still makes investment and expands capacity in order to improve competitiveness. It put Yantai-based fuel tank plant into production in Aug 2017 and would expand and retrofit Chongqing-based 300,000 sets/a passenger-car plastic fuel tank lines in Sept.
Besides, foreign companies are accelerating to expand production capacity in China. In June 2016, the 900,000 sets/a plastic fuel tank project of TI Automotive (Baoding) was put into production. In March 2017, Kautex (Wuhan) put into production the fuel tank projects applying the world's cutting-edge NGFS technology, and in the meantime Kautex (Changchun) Plastics Technology Co., Ltd invested RMB300 million for capacity expansion through transformation, and till 2020 lifting its production scale from the current 430,000 sets/a to 750,000 sets/a.
As new energy vehicle becomes the development trend of automobile industry in the future, the fuel tank manufacturers have to enhance their R&D of technologies in the long run, conduct upgrades and renovation so as to be adaptive to the market and seize the initiative. For instance, Yachiyo is pacing up its layout in the development of fuel tanks for PHEV; Faurecia acquired the exclusive use of intellectual property rights about composite hydrogen tank of STELIA Aerospace Composites in May 2017 and is probably to realize the design, production and commercialization of high-pressure hydrogen tank using fuel cell vehicle-used carbon fiber.
Global and China Automotive Fuel Tank Industry Report, 2017-2021 highlights the followings:
Global and China automotive fuel tank (development history, market size, competitive landscape, supply relation and development tendency);
Global and China plastic fuel tank (market size, competitive landscape, supply relation and production costs);
Global and China metal fuel tank (market size, competitive landscape and supply relation);
The ten global and ten Chinese automotive fuel tank manufacturers (operation, fuel tank capacity, production & sales, development strategies, etc.
Companies Mentioned:
Kautex
Yachiyo Industry Co., Ltd.
Tokyo Radiator Mfg. Co., Ltd.
Hwashin Co., Ltd.
Inergy Automotive Systems
TI Automotive
Magna Steyr
Futaba Industrial
FTS
Donghee
YAPP Automotive Systems Co., Ltd.
Wuhu ShunrongSanqi Interactive Entertainment Network Technology Co., Ltd. (previously named as Wuhu Shunrong Auto Parts Co., Ltd.)
WanxiangQianchao Co., Ltd.
Yangzhou Changyun Plastics Technology Co., Ltd.
Jiangsu Suguang Auto Parts Co., Ltd.
Chengdu Lingchuan Special Industrial Co., Ltd.
Luzhou North Chemical Machinery Manufacturing Co., Ltd.
Hebei Shichang Auto Parts Co., Ltd.
Nanchang JianglingHuaxiang Auto Parts Co., Ltd.
Hebei Feida Auto Parts Co., Ltd.
Contact:
ResearchByMarkets
Ms. Lia Seth | Client Relations Manager
enquiry@researchbymarkets.com
Research By Markets is an online Market Research Report Repository
Research By Markets is an online Market Research Report Repository.
Our repository contains reports segmented by Geography and Industry. We cover all major Industry Verticals - Information Technology, Semiconductor, Electronics, Manufacturing, Food & Beverages, Telecommunications, Healthcare, Pharmaceutical, Automotive, BioTechnology, Energy & Power, Banking and many more.
Research By Markets
3, Nagar Road,
Pune 411 014, Maharashtra, India
enquiry@researchbymarkets.com
+1-800-416-3124
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 Global and China Automotive Fuel Tank Industry Report, 2017-2021 here
News-ID: 919413 • Views: …
More Releases from Research By Markets
V2X (Vehicle-to-Everything) Communications Ecosystem expected to grow at a CAGR …
Commonly referred to as V2X, vehicle-to-everything communications technology allows vehicles to directly communicate with each other, roadside infrastructure, and other road users to deliver an array of benefits in the form of road safety, traffic efficiency, smart mobility, environmental sustainability, and driver convenience. In addition, V2X is also helping pave the way for fully autonomous driving through its unique non line-of-sight sensing capability which allows vehicles to detect potential hazards,…
Research By Markets - Trusted By Market Leaders
Research By Markets is a Market Research Reports Online Repository. We have a huge database of syndicated market research reports that are segmented by Industry Verticals mainly - Telecommunication, Semiconductor, Electronics, Information Technology, Automotive, Healthcare, Pharmaceutical, Medical Devices, Biotechnology, Energy, Power, Aerospace, Defense, Consumer Goods, Construction, Equipment and many more.
Our clientele includes Fortune listed companies who trust us to help them with their market intelligence requirements.
Research By Markets being a…
Global Veterinary Services Market: Size, Trends and Forecasts (2018-2022) - Rese …
The report titled "Global Veterinary Services Market: Size, Trends and Forecasts (2018-2022)", provides an in depth analysis of the global veterinary services market by value, by segments, by services, by region, etc. The report also provides a regional analysis of the veterinary services market, including the following regions: North America, Europe, Asia Pacific, Latin America and MEA.
The report also assesses the key opportunities in the market and outlines the factors…
Pancreatic and Bile Duct Cancer Drug Development Pipeline Review, 2018 - Researc …
Pancreatic and Bile Duct Cancer Drug Development Pipeline Review, 2018
Summary
This report provides an overview of the pipeline landscape for pancreatic and bile duct cancer. It provides comprehensive information on the therapeutics under development and key players involved in therapeutic development for pancreatic and bile duct cancer, and features dormant and discontinued products.
Pancreatic cancer is a disease in which malignant (cancer) cells are found in the tissues of the pancreas, a…
More Releases for Auto
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new…
Automotive Valve Market: Worldwide Auto-Accessory, SEECO, Dengyun Auto-parts
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Automotive Valve Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This industry study presents the global Automotive Valve market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Valve production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Valve in volume terms are also provided for major countries…
Global Three Wheelers Market 2017- Bajaj Auto Limited, Atul Auto Limited
Apex Market Reports, recently published a detailed market research study focused on the "Global Three Wheelers Market" across the global, regional and country level. The report provides 360° analysis of "Global Three Wheelers Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Three Wheelers industry, and estimates the future trend of Global…
Dallas Auto Paint Offers The Best Auto Body Repair Services
Best Auto Body Repair Services in Dallas, TX
Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient…
Dallas Auto Paint Offering You the Best Auto Body Repair Services
Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient than its traditional counterpart. For shallow dents,…
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE
Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle.
The company provides…
