How big is the Automotive Fuel Tank Market?

The Automotive Fuel Tank Market size is expected to reach USD 19.23 billion in 2024 and grow at a CAGR of 4.80% to reach USD 24.31 billion by 2029. Read More

What is the current Automotive Fuel Tank Market size?

In 2024, the Automotive Fuel Tank Market size is expected to reach USD 19.23 billion. Read More

Who are the key players in Automotive Fuel Tank Market?

Yachio Industry Co. Ltd, TI Fluid Systems plc, Fuel Total Systems LLC, COMPAGNIE PLASTIC OMNIUM SE and Kautex Textron GmbH & Co. KG are the major companies operating in the Automotive Fuel Tank Market. Read More

Which is the fastest growing region in Automotive Fuel Tank Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automotive Fuel Tank Market?

In 2024, the Asia Pacific accounts for the largest market share in Automotive Fuel Tank Market. Read More

What years does this Automotive Fuel Tank Market cover, and what was the market size in 2023?

In 2023, the Automotive Fuel Tank Market size was estimated at USD 18.31 billion. The report covers the Automotive Fuel Tank Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automotive Fuel Tank Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Automotive Fuel Tank Market Report | Industry Analysis, Size & Forecast

Automotive Fuel Tank Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers the Manufacturers in the Global Automotive Fuel Tank Market. It is Segmented by Capacity (Less Than 45 Liters, 45-70 Liters, and Above 70 Liters), Material Type (Plastic, Aluminum, and Steel), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers Market Size and Forecast for the Automotive Fuel Tank Market in Value (USD Billion) for the Abovementioned Segments.

Automotive Fuel Tank Industry Overview

Due to their developed products and a network of various automobile manufacturers, the automotive fuel tank market is highly dominated by several key players that hold major market share. These include Compagnie Plastic Omnium SA, Kautex Textron GmbH & Co. KG, YAPP Automotive Parts Co. Ltd, TI Fluid Systems, and Yachiyo Industry Co. Ltd. New material and design developments may impact market share for established and new players, which will likely to boost the market’s growth in the coming years. For instance,

In November 2023, Toyoda Gosei Co. Ltd introduced a new high-pressure hydrogen tank and a topcoat-less hot-stamped grille in Japan. The new hydrogen tank has been introduced in the all-new Toyota Crown Sedan.
In September 2023, Plastic Omnium SA inaugurated a new research center in South Korea, focusing on developing high-pressure tanks for hydrogen-powered fuel cell vehicles. The center's main objective is to optimize the tanks, and the research findings will be applied to the production of tanks at Wanju City in South Korea.