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(I-AutoNewsWire.com, May 01, 2019 ) The automotive fuel tank is a container used for the safe storage of flammable fluids. It is a part of an engine system of a vehicle in which the fuel is stored and released into an engine. The automotive fuel tank size ranges from the small plastic tank to large multi-chambered tank. The capacity of the fuel tank varies depending on the vehicle type. The size and capacity of the fuel tank determine the efficiency of the vehicle. Plastic automotive fuel tanks have several inherent advantages over metal fuel tanks as they are lightweight, corrosion resistance, high durability and also provides design flexibility.
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Key Benefits: • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Automotive Fuel Tank Market • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The "Global Automotive Fuel Tank Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive fuel tank market with detailed market segmentation by capacity, material type, vehicle type, sales channel and geography. The global automotive fuel tank market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive fuel tank market players and offers key trends and opportunities in the market.
Some of the Major Players In Automotive Fuel Tank Market: ALLGAIER AUTOMOTIVE BENTELER International FUTABA INDUSTRIAL CO., LTD. KAUTEX TEXTRON GMBH & CO. KG Magna International Inc. Martinrea International Inc. Plastic Omnium SMA SERBATOI S.p.A. TI Automotive Westport Fuel Systems Inc.
The automotive fuel tank market is growing at a significant pace owing to driving factors such as increasing vehicle production in developed and developing countries and a significant rise in sales of vehicles over the past few decades. Rising trading activities coupled with growing industrialization have spurred the demand for commercial vehicles, in turn providing potential avenues of growth for automotive fuel tank manufacturers. However, factors, such as growing penetration and demand for electric vehicles and rise in prices of base metal, i.e., aluminum, may hinder the growth of the market studied. Automotive manufacturers are replacing metal fuel tanks with plastic fuel tanks to meet the rising demand and satisfy discerning customer requirements which further provides a developing opportunity for the market players.
The global automotive fuel tank market is segmented on the basis of capacity, material type, vehicle type and sales channel. On the basis of capacity, the automotive fuel tank market is segmented into, less than 15 liter, 15 liter-45 liter, 45 liter-75 liter and above 70 liter. Based on material type, the global automotive fuel tank market is segmented into, plastic, aluminum and steel. On the basis of vehicle type, the global automotive fuel tank market is segmented into, passenger cars, two-wheelers and commercial vehicles. Based on the sales channel, the market is bifurcated into, OEM and aftermarket.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive fuel tank market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive fuel tank market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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