Middle East & Africa Fuel Tank Market to 2032
Overview
The Middle East & Africa Fuel Tank Market is expected to reach a 1,215.38 USD Billion by 2032 and is projected to grow at a CAGR of 6.02% from 2025 to 2032.
Revenue, 2024 (USD Billion)
921.63
Forecast, 2032 (USD Billion)
1,215.38
CAGR, 2024 - 2032
6.02%
Report Coverage
Middle East & Africa
Middle East & Africa Fuel Tank Market 2018-2032 USD Billion
Middle East & Africa Fuel Tank Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 921.63 USD Billion
- Projected Market Size (2032): 1,215.38 USD Billion
- CAGR (2025-2032): 6.02%
Key Findings of Middle East & Africa Fuel Tank Market
- The Middle East & Africa Fuel Tank Market was valued at 921.63 USD Billion in 2024.
- The Middle East & Africa Fuel Tank Market is likely to grow at a CAGR of 6.02% 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 687.92 USD Billion
- The fastest growing segment Less than 7 KG in Weight Segment grew Fastest with a CAGR of 7.57% during the forecast period from 2024 to 2032.
Middle East & Africa Fuel Tank Market Scope
Middle East & Africa Fuel Tank Market Segmentation & Scope
Material Type
- Others
- Steel
- Aluminium
- Plastic
Tank Capacity
- More than 70 L
- 45L -70 L
- Less than 45 L
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
Middle East & Africa Fuel Tank Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 921.63 USD Billion |
| Market Value in 2032 | 1,215.38 USD Billion |
| CAGR (2025-2032) | 6.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Material Type,Tank Capacity,Vehicle Type,Sales Channel,Propulsion Type,Fuel Type,Weight |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 921.63 USD Billion in 2024
- Key Country: South Africa, leading in terms of revenue with value of 350.70 USD Billion in 2024.
Segments and Scope
-
Middle East & Africa Fuel Tank Market to 2032, By Material Type
- Plastic is the largest segment in Middle East & Africa Fuel Tank Market to 2032 with a revenue of 687.92 USD Billion in the year 2024.
- Plastic is the Fastest growing segment in Middle East & Africa Fuel Tank Market to 2032 with a Growth rate of 6.33 % in forecast period 2025-2032.
-
Middle East & Africa Fuel Tank Market to 2032, By Tank Capacity
- Less than 45 L is the largest segment in Middle East & Africa Fuel Tank Market to 2032 with a revenue of 425.63 USD Billion in the year 2024.
- Less than 45 L is the Fastest growing segment in Middle East & Africa Fuel Tank Market to 2032 with a Growth rate of 7.27 % in forecast period 2025-2032.
-
Middle East & Africa Fuel Tank Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Middle East & Africa Fuel Tank Market to 2032 with a revenue of 612.66 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in Middle East & Africa Fuel Tank Market to 2032 with a Growth rate of 6.83 % in forecast period 2025-2032.
-
Middle East & Africa Fuel Tank Market to 2032, By Sales Channel
- OEM is the largest segment in Middle East & Africa Fuel Tank Market to 2032 with a revenue of 623.28 USD Billion in the year 2024.
- Aftermarket is the Fastest growing segment in Middle East & Africa Fuel Tank Market to 2032 with a Growth rate of 5.51 % in forecast period 2025-2032.
-
Middle East & Africa Fuel Tank Market to 2032, By Propulsion Type
- Internal Combustion Engine(ICE) is the largest segment in Middle East & Africa Fuel Tank Market to 2032 with a revenue of 357.05 USD Billion in the year 2024.
- Natural Gas is the Fastest growing segment in Middle East & Africa Fuel Tank Market to 2032 with a Growth rate of 5.60 % in forecast period 2025-2032.
-
Middle East & Africa Fuel Tank Market to 2032, By Fuel Type
- Diesel is the largest segment in Middle East & Africa Fuel Tank Market to 2032 with a revenue of 552.33 USD Billion in the year 2024.
- LPG/CNG is the Fastest growing segment in Middle East & Africa Fuel Tank Market to 2032 with a Growth rate of 6.07 % in forecast period 2025-2032.
-
Middle East & Africa Fuel Tank Market to 2032, By Weight
- Less than 7 KG is the largest segment in Middle East & Africa Fuel Tank Market to 2032 with a revenue of 457.36 USD Billion in the year 2024.
- Less than 7 KG is the Fastest growing segment in Middle East & Africa Fuel Tank Market to 2032 with a Growth rate of 7.57 % in forecast period 2025-2032.
Middle East & Africa Fuel Tank Market Company Share Analysis
| Company Name |
|
||
| FTS CO., LTD | |||
| Kautex | |||
| Plastic Omnium | |||
| TI Fluid Systems | |||
| Yachiyo Industry Co., Ltd. | |||
Middle East & Africa Fuel Tank Market Geographical Sales Distribution, 2018-2032 USD Billion
Middle East & Africa Fuel Tank Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Fuel Tank Market is segmented based on Segmentation Material Type,Tank Capacity,Vehicle Type,Sales Channel,Propulsion Type,Fuel Type,Weight.
Middle East & Africa Fuel Tank Market was valued at USD 921.63(Revenue in USD Billion) in 2019.
Middle East & Africa Fuel Tank Market is projected to grow at a CAGR of 6.02% during the forecast period of 2024 to 2032.
The Plastic segment is expected to dominate the Middle East & Africa Fuel Tank Market, holding a largest market share of 687.92 USD Billion in 2024
Middle East & Africa Fuel Tank Market Scope
Middle East & Africa Fuel Tank Market Segmentation & Scope
Material Type
- Others
- Steel
- Aluminium
- Plastic
Tank Capacity
- More than 70 L
- 45L -70 L
- Less than 45 L
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
Frequently Asked Questions
The Middle East & Africa Fuel Tank Market is segmented based on Segmentation Material Type,Tank Capacity,Vehicle Type,Sales Channel,Propulsion Type,Fuel Type,Weight.
Middle East & Africa Fuel Tank Market was valued at USD 921.63(Revenue in USD Billion) in 2019.
Middle East & Africa Fuel Tank Market is projected to grow at a CAGR of 6.02% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Fuel Tank Market for final year is USD 1,215.38 (USD Billion).
Middle East & Africa Fuel Tank Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Fuel Tank Market is segmented based on Segmentation Material Type,Tank Capacity,Vehicle Type,Sales Channel,Propulsion Type,Fuel Type,Weight.
Middle East & Africa Fuel Tank Market was valued at USD 921.63(Revenue in USD Billion) in 2019.
Middle East & Africa Fuel Tank Market is projected to grow at a CAGR of 6.02% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Fuel Tank Market for final year is USD 1,215.38 (USD Billion).
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