Global Fuel Tank Market to 2032

Overview

The Global Fuel Tank Market is expected to reach a 23,233.78 USD Billion by 2032 and is projected to grow at a CAGR of 4.73% from 2025 to 2032.

Revenue, 2024 (USD Billion)
15,996.39
Forecast, 2032 (USD Billion)
23,233.78
CAGR, 2024 - 2032
4.73%
Report Coverage
Global

Global Fuel Tank Market 2018-2032 USD Billion

Global Fuel Tank Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 15,996.39 USD Billion
  • Projected Market Size (2032): 23,233.78 USD Billion
  • CAGR (2025-2032): 4.73%

Key Findings of Global Fuel Tank Market

  • The Global Fuel Tank Market was valued at 23,233.78 USD Billion in 2024.
  • The Global Fuel Tank Market is likely to grow at a CAGR of 4.73% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Plastic in Material Type Segment accounted for the largest share of the market with a revenue of 11,363.05 USD Billion
  • The fastest growing segment Less than 45 L in Tank Capacity Segment grew Fastest with a CAGR of 5.52% during the forecast period from 2024 to 2032.

Global Fuel Tank Market Scope

Global Fuel Tank Market Segmentation & Scope
Vehicle Type
  • Hybrid Vehicles
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle
  • Passenger Cars
Propulsion Type
  • Hybrid
  • Hydrogen
  • Internal Combustion Engine(ICE)
  • Natural Gas
Fuel Type
  • Gasoline
  • LPG/CNG
  • Diesel
Weight
  • More than 70 KG
  • 7 TO 10 KG
  • Less than 7 KG
Material Type
  • Others
  • Steel
  • Aluminium
  • Plastic
Tank Capacity
  • More than 70 L
  • 45L -70 L
  • Less than 45 L
Sales Channel
  • Aftermarket
  • OEM

Global Fuel Tank Market Data Coverage Insights

Study Period 2024-2032
Base Year 2019
Unit Revenue in USD Billion
Market Value in 2024 15,996.39 USD Billion
Market Value in 2032 23,233.78 USD Billion
CAGR (2025-2032) 4.73%
Historic Data 2016-2023
Market Segments Covered Vehicle Type,Propulsion Type,Fuel Type,Weight,Material Type,Tank Capacity,Sales Channel

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 15,996.39 USD Billion in 2024
    • Key Country: U.S., leading in terms of revenue with value of 2,399.48 USD Billion in 2024.

Segments and Scope

  • Global Fuel Tank Market to 2032, By Vehicle Type
    • Passenger Cars is the largest segment in Global Fuel Tank Market to 2032 with a revenue of 8,728.99 USD Billion in the year 2024.
    • Passenger Cars is the Fastest growing segment in Global Fuel Tank Market to 2032 with a Growth rate of 5.30 % in forecast period 2025-2032.
  • Global Fuel Tank Market to 2032, By Propulsion Type
    • Natural Gas is the largest segment in Global Fuel Tank Market to 2032 with a revenue of 5,072.66 USD Billion in the year 2024.
    • Natural Gas is the Fastest growing segment in Global Fuel Tank Market to 2032 with a Growth rate of 5.35 % in forecast period 2025-2032.
  • Global Fuel Tank Market to 2032, By Fuel Type
    • Diesel is the largest segment in Global Fuel Tank Market to 2032 with a revenue of 8,177.21 USD Billion in the year 2024.
    • LPG/CNG is the Fastest growing segment in Global Fuel Tank Market to 2032 with a Growth rate of 4.74 % in forecast period 2025-2032.
  • Global Fuel Tank Market to 2032, By Weight
    • Less than 7 KG is the largest segment in Global Fuel Tank Market to 2032 with a revenue of 8,390.27 USD Billion in the year 2024.
    • Less than 7 KG is the Fastest growing segment in Global Fuel Tank Market to 2032 with a Growth rate of 5.18 % in forecast period 2025-2032.
  • Global Fuel Tank Market to 2032, By Material Type
    • Plastic is the largest segment in Global Fuel Tank Market to 2032 with a revenue of 11,363.05 USD Billion in the year 2024.
    • Plastic is the Fastest growing segment in Global Fuel Tank Market to 2032 with a Growth rate of 4.99 % in forecast period 2025-2032.
  • Global Fuel Tank Market to 2032, By Tank Capacity
    • Less than 45 L is the largest segment in Global Fuel Tank Market to 2032 with a revenue of 7,544.94 USD Billion in the year 2024.
    • Less than 45 L is the Fastest growing segment in Global Fuel Tank Market to 2032 with a Growth rate of 5.52 % in forecast period 2025-2032.
  • Global Fuel Tank Market to 2032, By Sales Channel
    • OEM is the largest segment in Global Fuel Tank Market to 2032 with a revenue of 10,887.04 USD Billion in the year 2024.
    • Aftermarket is the Fastest growing segment in Global Fuel Tank Market to 2032 with a Growth rate of 4.50 % in forecast period 2025-2032.

Global Fuel Tank Market Company Share Analysis

 
Company Name Company Share Analysis
FTS CO., LTD
Kautex
Plastic Omnium
TI Fluid Systems
Yachiyo Industry Co., Ltd.
Global Fuel Tank Market Company Share Analysis

Global Fuel Tank Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Fuel Tank Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Fuel Tank Market Company Profiling

Global Fuel Tank Market Company Profiling
Frequently Asked Questions
The Global Fuel Tank Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Fuel Type,Weight,Material Type,Tank Capacity,Sales Channel.
Global Fuel Tank Market was valued at USD 15,996.39(Revenue in USD Billion) in 2019.
Global Fuel Tank Market is projected to grow at a CAGR of 4.73% during the forecast period of 2024 to 2032.
The Plastic segment is expected to dominate the Global Fuel Tank Market, holding a largest market share of 11,363.05 USD Billion in 2024

Global Fuel Tank Market Scope

Global Fuel Tank Market Segmentation & Scope
Vehicle Type
  • Hybrid Vehicles
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle
  • Passenger Cars
Propulsion Type
  • Hybrid
  • Hydrogen
  • Internal Combustion Engine(ICE)
  • Natural Gas
Fuel Type
  • Gasoline
  • LPG/CNG
  • Diesel
Weight
  • More than 70 KG
  • 7 TO 10 KG
  • Less than 7 KG
Material Type
  • Others
  • Steel
  • Aluminium
  • Plastic
Tank Capacity
  • More than 70 L
  • 45L -70 L
  • Less than 45 L
Sales Channel
  • Aftermarket
  • OEM
Frequently Asked Questions
The Global Fuel Tank Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Fuel Type,Weight,Material Type,Tank Capacity,Sales Channel.
Global Fuel Tank Market was valued at USD 15,996.39(Revenue in USD Billion) in 2019.
Global Fuel Tank Market is projected to grow at a CAGR of 4.73% during the forecast period of 2024 to 2032.
The estimated market value of the Global Fuel Tank Market for final year is USD 23,233.78 (USD Billion).

Global Fuel Tank Market Company Profiling

Global Fuel Tank Market Company Profiling
Frequently Asked Questions
The Global Fuel Tank Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Fuel Type,Weight,Material Type,Tank Capacity,Sales Channel.
Global Fuel Tank Market was valued at USD 15,996.39(Revenue in USD Billion) in 2019.
Global Fuel Tank Market is projected to grow at a CAGR of 4.73% during the forecast period of 2024 to 2032.
The estimated market value of the Global Fuel Tank Market for final year is USD 23,233.78 (USD Billion).

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