Europe Automotive Fuel Tank Market Introduction and Overview
According to SPER Market Research, the Europe Automotive Fuel Tank Market is estimated to reach USD 31.41 billion by 2033 with a CAGR of 4.96%.
A fuel tank (likewise called a petroleum tank or gas tank) is a protected compartment for combustible liquids, frequently gas or diesel fuel. However any capacity tank for fuel might be alleged, the term is commonly applied to part of a motor framework in which the fuel is put away and moved (fuel siphon) or delivered (compressed gas) into a motor. Gas tanks range in size and intricacy from the little plastic tank of a butane lighter to the multi-chambered cryogenic Space Transport outer tank. The combustibility of fuel makes pressure breaking a potential reason for disastrous disappointment. Crises to the side, HDPE plastic is appropriate for the momentary capacity of diesel and gas. In the U.S., Guarantors Labs supported (UL 142) tanks would be a base plan thought.
- October 2020; Plastic Omnium and ELRINGKLINGER accomplice in power module innovation to speed up the advancement of hydrogen portability. They will make EKPO Energy unit Innovations, a joint endeavour committed to power module stack improvement, creation, and commercialization.
Market Opportunities and Challenges
Opportunities- A significant new driving factor in the Europe automotive fuel tank market is the transition to electric vehicles (EVs). As the automotive industry increasingly adopts EV technology to meet stringent emissions regulations and consumer demand for greener alternatives, the focus on traditional fuel systems is evolving. This shift towards electrification is not only altering vehicle design and fuel infrastructure but also influencing the development of advanced fuel tank technologies. Even as the market sees a rise in electric vehicles, there remains a considerable number of hybrid and internal combustion engine vehicles, which continue to require sophisticated fuel tank solutions. The push for improved fuel efficiency, safety, and sustainability in these vehicles drives innovation in fuel tank materials and design. For instance, new lightweight and durable materials are being developed to enhance fuel tank performance and safety.
Challenges- The Europe auto fuel tank market faces the shift towards electric vehicles (EVs), which is prompting a decreased interest in customary gas tanks as the business centres around battery capacity and electric powertrains. This progress requires gas tank producers to adjust rapidly, possibly redistributing assets or putting resources into new advancements to remain significant. Moreover, rigid guidelines on emanations and well-being principles force high consistency costs and require ceaseless development in gas tank plans and materials. One more test is the rising intricacy of fuel frameworks, driven by progressions in fuel types and mixture advancements, which convolutes assembling and upkeep processes. Vacillations in unrefined substance costs and store network disturbances additionally influence creation expenses and effectiveness. In addition, the push for supportability is driving the requirement for harmless to the ecosystem materials and cycles, including further tension makers to lessen their carbon impression.
Market Competitive Landscape
The Europe Automotive Fuel Tank Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Continental, Kautex Textron, Lyondell Basell, Magna International, Martinrea International Inc., Plastic Omnium, TI Automotive, Unipres Corporation, Yachiyo Industries Co. Limited, and Yapp Automotive.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Material Types, By Capacities, By Vehicle Types, By Distribution Channels
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| Regions covered | Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Denmark, Netherlands, Switzerland, Sweden, Poland, Norway, Finland, and Rest of Europe.
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| Companies Covered | Continental, Kautex Textron, Lyondell Basell, Magna International, Martinrea International Inc., Plastic Omnium, TI Automotive, Unipres Corporation, Yachiyo Industries Co. Limited, and Yapp Automotive. |
COVID-19 Impact on Europe Automotive Fuel Tank Market
The pandemic caused huge breaks in worldwide stockpile chains, influencing the accessibility of unrefined substances and parts vital for gas tank creation. Lockdowns and limitations prompted transitory closures of assembling offices, dialling back creation, and deferring item conveyances. A decrease in generally speaking vehicle deals due to diminished buyer spending and financial vulnerability impacted interest for gas tanks. Auto plants confronted functional difficulties, including labour force deficiencies due to well-being concerns and social removal measures. Disturbances and postpones prompted inflated costs for unrefined components and strategies, affecting by and large creation costs.
Key Target Audience:
- OEMs (Original Equipment Manufacturers)
- Aftermarket Suppliers
- Fleet Operators
- Automobile Manufacturers
- Vehicle Owners
- Fuel Tank Repair and Replacement Service Providers
Our in-depth analysis of the Europe Automotive Fuel Tank Market includes the following segments:
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By Material Types:
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Plastic
Aluminium
Steel
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By Capacities:
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Less Than 45 Liter
45 - 70 Liter
Above 70 Liter
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By Vehicle types:
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Passenger Vehicles
LCVs
HCVs
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By Distribution Channel:
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OEM
Aftermarket
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Key Topics Covered in the Report:
- Europe Automotive Fuel Tank Market Size (FY’2024-FY’2033)
- Overview of Europe Automotive Fuel Tank Market
- Segmentation of Europe Automotive Fuel Tank Market by Material Types (Plastic, Aluminium, Steel)
- Segmentation of Europe Automotive Fuel Tank Market by Capacities (Less Than 45 Liter, 45 - 70 Liter, Above 70 Liter)
- Segmentation of Europe Automotive Fuel Tank Market by Vehicle Types (D Passenger Vehicles, LCVs, HCVs)
- Segmentation of Europe Automotive Fuel Tank Market by Distribution Channel (OEM, Aftermarket)
- Statistical Snap of Europe Automotive Fuel Tank Market
- Expansion Analysis of Europe Automotive Fuel Tank Market
- Problems and Obstacles in Europe Automotive Fuel Tank Market
- Competitive Landscape in the Europe Automotive Fuel Tank Market
- Impact of COVID-19 and Demonetization on Europe Automotive Fuel Tank Market
- Details on Current Investment in Europe Automotive Fuel Tank Market
- Competitive Analysis of Europe Automotive Fuel Tank Market
- Prominent Players in the Europe Automotive Fuel Tank Market
- SWOT Analysis of Europe Automotive Fuel Tank Market
- Europe Automotive Fuel Tank Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data Material Types
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity, and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Automotive Fuel Tank Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Automotive Fuel Tank Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Automotive Fuel Tank Market
7. Europe Automotive Fuel Tank Market, By Material Types (USD Million) 2020-2033
7.1. Europe Automotive Fuel Tank Market Size, Share and Forecast, By Material Types, 2020-2026
7.2. Europe Automotive Fuel Tank Market Size, Share and Forecast, By Material Types, 2027-2033
7.3. Plastic
7.4. Aluminium
7.5. Steel
8. Europe Automotive Fuel Tank Market, By Capacities (USD Million) 2020-2033
8.1. Europe Automotive Fuel Tank Market Size, Share and Forecast, By Capacities, 2020-2026
8.2. Europe Automotive Fuel Tank Market Size, Share and Forecast, By Capacities, 2027-2033
8.3. Less Than 45 Liter
8.4. 45 - 70 Liter
8.5. Above 70 Liter
9. Europe Automotive Fuel Tank Market, By Vehicle types (USD Million) 2020-2033
9.1. Europe Automotive Fuel Tank Market Size, Share and Forecast, By Vehicle types, 2020-2026
9.2. Europe Automotive Fuel Tank Market Size, Share and Forecast, By Vehicle types, 2027-2033
9.3. Passenger Vehicles
9.4. LCVs
9.5. HCVs
10. Europe Automotive Fuel Tank Market, By Distribution Channel (USD Million) 2020-2033
10.1. Europe Automotive Fuel Tank Market Size, Share and Forecast, By Distribution Channel, 2020-2026
10.2. Europe Automotive Fuel Tank Market Size, Share and Forecast, By Distribution Channel, 2027-2033
10.3. OEM
10.4. Aftermarket
11. Europe Automotive Fuel Tank Market Forecast, 2020-2033 (USD Million)
11.1. Europe Automotive Fuel Tank Market Size and Market Share
12. Europe Automotive Fuel Tank Market, By Region, 2020-2033 (USD Million)
12.1. Europe Automotive Fuel Tank Market Size and Market Share By Region (2020-2026)
12.2. Europe Automotive Fuel Tank Market Size and Market Share By Region (2027-2033)
12.3. Germany
12.4. France
12.5. U.K.
12.6. Italy
12.7. Spain
12.8. Russia
12.9. Turkey
12.10. Belgium
12.11. Denmark
12.12. Netherlands
12.13. Switzerland
12.14. Sweden
12.15. Poland
12.16. Norway
12.17. Finland
12.18. Rest of Europe
13. Company Profile
13.1. Continental
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Kautex Textron
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Lyondell Basell
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Magna International
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Martinrea International Inc.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Plastic Omnium
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. TI Automotive
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Unipres Corporation
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Yachiyo Industries Co. Limited
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Yapp Automotive
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
