Automotive Fuel Tank Market Share

Regionally, the global automotive fuel tank market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2037, backed by the presence of a strong automobile network in the region, increasing sale of vehicles as well as the growing production of vehicles along with a surge in the demand for automotive fuel tanks amongst the vehicle producers. China produced and sold more than 2.6 million vehicles and around 2.6 million vehicles, respectively in September 2022.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive fuel tank is evaluated at USD 19.65 billion.

The automotive fuel tank market size was valued at USD 18.88 billion in 2024 and is expected to exceed USD 35.88 billion by the end of 2037, registering over 5.2% CAGR during the forecast period i.e., between 2025-2037. Increasing sales of motor vehicles including cars and commercial vehicles along with rising demand for plastic fuel tanks will propel the market growth.

Asia Pacific is poised to dominate majority industry share by 2037, driven by presence of a strong automobile network in the region, increasing sale of vehicles as well as growing production of vehicles along with a surge in the demand for automotive fuel tanks amongst the vehicle producers.

The major players in the market include Toyoda Gosei Co., Ltd., TI Fluid Systems plc, Compagnie Plastic Omnium SE, Yachiyo Industry Co., Ltd., Benteler International AG, Unipres Corporation, Kautex Textron GmbH & Co. KG, Magna International Inc., Visteon Corporation, Yapp Automotive Systems Co., Ltd.

Automotive Fuel Tank Market Share