India Fuel Tank Market to 2032

Overview

The India Fuel Tank Market is expected to reach a 1,665.83 USD Billion by 2032 and is projected to grow at a CAGR of 10.17% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1,056.97
Forecast, 2032 (USD Billion)
1,665.83
CAGR, 2024 - 2032
10.17%
Report Coverage
India

India Fuel Tank Market 2018-2032 USD Billion

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

Market Growth and Projections:

  • Market Size (2024): 1,056.97 USD Billion
  • Projected Market Size (2032): 1,665.83 USD Billion
  • CAGR (2025-2032): 10.17%

Key Findings of India Fuel Tank Market

  • The India Fuel Tank Market was valued at 1,056.97 USD Billion in 2024.
  • The India Fuel Tank Market is likely to grow at a CAGR of 10.17% 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 746.82 USD Billion
  • The fastest growing segment Less than 45 L in Tank Capacity Segment grew Fastest with a CAGR of 11.93% during the forecast period from 2024 to 2032.

India Fuel Tank Market Scope

India Fuel Tank Market Segmentation & Scope
Vehicle Type
  • Hybrid Vehicles
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle
  • Passenger Cars
Sales Channel
  • Aftermarket
  • OEM
Propulsion Type
  • Hybrid
  • Hydrogen
  • Natural Gas
  • Internal Combustion Engine(ICE)
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

India Fuel Tank Market Data Coverage Insights

Study Period 2024-2032
Base Year 2019
Unit Revenue in USD Billion
Market Value in 2024 1,056.97 USD Billion
Market Value in 2032 1,665.83 USD Billion
CAGR (2025-2032) 10.17%
Historic Data 2016-2023
Market Segments Covered Vehicle Type,Sales Channel,Propulsion Type,Fuel Type,Weight,Material Type,Tank Capacity

Regional Insights:

  • Leading Market (2024-2032): India, leading in terms of revenue 1,056.97 USD Billion in 2024
    • Key Country: India, leading in terms of revenue with value of 1,056.97 USD Billion in 2024.

Segments and Scope

  • India Fuel Tank Market to 2032, By Vehicle Type
    • Passenger Cars is the largest segment in India Fuel Tank Market to 2032 with a revenue of 662.13 USD Billion in the year 2024.
    • Passenger Cars is the Fastest growing segment in India Fuel Tank Market to 2032 with a Growth rate of 11.16 % in forecast period 2025-2032.
  • India Fuel Tank Market to 2032, By Sales Channel
    • OEM is the largest segment in India Fuel Tank Market to 2032 with a revenue of 708.27 USD Billion in the year 2024.
    • Aftermarket is the Fastest growing segment in India Fuel Tank Market to 2032 with a Growth rate of 9.89 % in forecast period 2025-2032.
  • India Fuel Tank Market to 2032, By Propulsion Type
    • Internal Combustion Engine(ICE) is the largest segment in India Fuel Tank Market to 2032 with a revenue of 364.46 USD Billion in the year 2024.
    • Natural Gas is the Fastest growing segment in India Fuel Tank Market to 2032 with a Growth rate of 9.66 % in forecast period 2025-2032.
  • India Fuel Tank Market to 2032, By Fuel Type
    • Diesel is the largest segment in India Fuel Tank Market to 2032 with a revenue of 599.34 USD Billion in the year 2024.
    • LPG/CNG is the Fastest growing segment in India Fuel Tank Market to 2032 with a Growth rate of 9.96 % in forecast period 2025-2032.
  • India Fuel Tank Market to 2032, By Weight
    • Less than 7 KG is the largest segment in India Fuel Tank Market to 2032 with a revenue of 493.32 USD Billion in the year 2024.
    • Less than 7 KG is the Fastest growing segment in India Fuel Tank Market to 2032 with a Growth rate of 11.78 % in forecast period 2025-2032.
  • India Fuel Tank Market to 2032, By Material Type
    • Plastic is the largest segment in India Fuel Tank Market to 2032 with a revenue of 746.82 USD Billion in the year 2024.
    • Plastic is the Fastest growing segment in India Fuel Tank Market to 2032 with a Growth rate of 10.68 % in forecast period 2025-2032.
  • India Fuel Tank Market to 2032, By Tank Capacity
    • Less than 45 L is the largest segment in India Fuel Tank Market to 2032 with a revenue of 462.56 USD Billion in the year 2024.
    • Less than 45 L is the Fastest growing segment in India Fuel Tank Market to 2032 with a Growth rate of 11.93 % in forecast period 2025-2032.

India Fuel Tank Market Company Share Analysis

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

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

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

India Fuel Tank Market Company Profiling

India Fuel Tank Market Company Profiling
Frequently Asked Questions
The India Fuel Tank Market is segmented based on Segmentation Vehicle Type,Sales Channel,Propulsion Type,Fuel Type,Weight,Material Type,Tank Capacity.
India Fuel Tank Market was valued at USD 1,056.97(Revenue in USD Billion) in 2019.
India Fuel Tank Market is projected to grow at a CAGR of 10.17% during the forecast period of 2024 to 2032.
The Plastic segment is expected to dominate the India Fuel Tank Market, holding a largest market share of 746.82 USD Billion in 2024

India Fuel Tank Market Scope

India Fuel Tank Market Segmentation & Scope
Vehicle Type
  • Hybrid Vehicles
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle
  • Passenger Cars
Sales Channel
  • Aftermarket
  • OEM
Propulsion Type
  • Hybrid
  • Hydrogen
  • Natural Gas
  • Internal Combustion Engine(ICE)
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
Frequently Asked Questions
The India Fuel Tank Market is segmented based on Segmentation Vehicle Type,Sales Channel,Propulsion Type,Fuel Type,Weight,Material Type,Tank Capacity.
India Fuel Tank Market was valued at USD 1,056.97(Revenue in USD Billion) in 2019.
India Fuel Tank Market is projected to grow at a CAGR of 10.17% during the forecast period of 2024 to 2032.
The estimated market value of the India Fuel Tank Market for final year is USD 1,665.83 (USD Billion).

India Fuel Tank Market Company Profiling

India Fuel Tank Market Company Profiling
Frequently Asked Questions
The India Fuel Tank Market is segmented based on Segmentation Vehicle Type,Sales Channel,Propulsion Type,Fuel Type,Weight,Material Type,Tank Capacity.
India Fuel Tank Market was valued at USD 1,056.97(Revenue in USD Billion) in 2019.
India Fuel Tank Market is projected to grow at a CAGR of 10.17% during the forecast period of 2024 to 2032.
The estimated market value of the India Fuel Tank Market for final year is USD 1,665.83 (USD Billion).

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