Ozone Market Reports projects that the Fuel Tank market size will grow from USD 13.97 Billion in 2017 to USD 19.38 Billion by 2023, at an estimated CAGR of 5.61%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The high-density polyethylene (HDPE) segment of this market is estimated to have the highest growth potential. It is projected to grow at a promising CAGR during the forecast period. This growth can be attributed to HDPE’s proven benefits of vehicle weight reduction and low cost. Upcoming fuel-efficiency standards, such the Corporate Average Fuel Economy (CAFE) standards, are propelling the demand for plastic fuel tanks, which are manufactured using HDPE. These fuel tanks offer various advantages, such as higher corrosion resistance, better fire resistance, and better crash test performance, than conventional steel and aluminum fuel tanks. These factors are estimated to drive the demand for HDPE fuel tanks in coming years.

By Market Players:
The Plastic Omnium Group , Yachiyo Industry Co. Ltd. , Unipres Corporation , Magna International Inc. , Martinrea International Inc. , Kautex Textron Gmbh & Co. KG. , YAPP Automotive Parts Co., Ltd. , TI Automotive Inc. , FTS Co., Ltd. , SMA Serbatoi S.P.A., , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

By Material
HDPE Fuel Tank, Steel Fuel Tank , Aluminum Fuel Tank, , , , , ,

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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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