South Korea Fuel Tank Market to 2032
Overview
The South Korea Fuel Tank Market is expected to reach a 1,098.57 USD Billion by 2032 and is projected to grow at a CAGR of 9.57% from 2025 to 2032.
Revenue, 2024 (USD Billion)
715.13
Forecast, 2032 (USD Billion)
1,098.57
CAGR, 2024 - 2032
9.57%
Report Coverage
South Korea
South Korea Fuel Tank Market 2018-2032 USD Billion
South Korea Fuel Tank Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 715.13 USD Billion
- Projected Market Size (2032): 1,098.57 USD Billion
- CAGR (2025-2032): 9.57%
Key Findings of South Korea Fuel Tank Market
- The South Korea Fuel Tank Market was valued at 715.13 USD Billion in 2024.
- The South Korea Fuel Tank Market is likely to grow at a CAGR of 9.57% 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 503.80 USD Billion
- The fastest growing segment Less than 45 L in Tank Capacity Segment grew Fastest with a CAGR of 11.35% during the forecast period from 2024 to 2032.
South Korea Fuel Tank Market Scope
South Korea Fuel Tank Market Segmentation & Scope
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
Fuel Type
- Gasoline
- LPG/CNG
- Diesel
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)
South Korea Fuel Tank Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2019 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 715.13 USD Billion |
| Market Value in 2032 | 1,098.57 USD Billion |
| CAGR (2025-2032) | 9.57% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Weight,Material Type,Tank Capacity,Fuel Type,Vehicle Type,Sales Channel,Propulsion Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 715.13 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 715.13 USD Billion in 2024.
Segments and Scope
-
South Korea Fuel Tank Market to 2032, By Weight
- Less than 7 KG is the largest segment in South Korea Fuel Tank Market to 2032 with a revenue of 335.12 USD Billion in the year 2024.
- Less than 7 KG is the Fastest growing segment in South Korea Fuel Tank Market to 2032 with a Growth rate of 11.28 % in forecast period 2025-2032.
-
South Korea Fuel Tank Market to 2032, By Material Type
- Plastic is the largest segment in South Korea Fuel Tank Market to 2032 with a revenue of 503.80 USD Billion in the year 2024.
- Plastic is the Fastest growing segment in South Korea Fuel Tank Market to 2032 with a Growth rate of 9.93 % in forecast period 2025-2032.
-
South Korea Fuel Tank Market to 2032, By Tank Capacity
- Less than 45 L is the largest segment in South Korea Fuel Tank Market to 2032 with a revenue of 313.62 USD Billion in the year 2024.
- Less than 45 L is the Fastest growing segment in South Korea Fuel Tank Market to 2032 with a Growth rate of 11.35 % in forecast period 2025-2032.
-
South Korea Fuel Tank Market to 2032, By Fuel Type
- Diesel is the largest segment in South Korea Fuel Tank Market to 2032 with a revenue of 409.68 USD Billion in the year 2024.
- LPG/CNG is the Fastest growing segment in South Korea Fuel Tank Market to 2032 with a Growth rate of 9.73 % in forecast period 2025-2032.
-
South Korea Fuel Tank Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in South Korea Fuel Tank Market to 2032 with a revenue of 450.11 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in South Korea Fuel Tank Market to 2032 with a Growth rate of 10.67 % in forecast period 2025-2032.
-
South Korea Fuel Tank Market to 2032, By Sales Channel
- OEM is the largest segment in South Korea Fuel Tank Market to 2032 with a revenue of 472.09 USD Billion in the year 2024.
- Aftermarket is the Fastest growing segment in South Korea Fuel Tank Market to 2032 with a Growth rate of 8.90 % in forecast period 2025-2032.
-
South Korea Fuel Tank Market to 2032, By Propulsion Type
- Internal Combustion Engine(ICE) is the largest segment in South Korea Fuel Tank Market to 2032 with a revenue of 246.19 USD Billion in the year 2024.
- Natural Gas is the Fastest growing segment in South Korea Fuel Tank Market to 2032 with a Growth rate of 8.91 % in forecast period 2025-2032.
South Korea Fuel Tank Market Company Share Analysis
| Company Name |
|
||
| FTS CO., LTD | |||
| Kautex | |||
| Plastic Omnium | |||
| TI Fluid Systems | |||
| Yachiyo Industry Co., Ltd. | |||
South Korea Fuel Tank Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Fuel Tank Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Fuel Tank Market is segmented based on Segmentation Weight,Material Type,Tank Capacity,Fuel Type,Vehicle Type,Sales Channel,Propulsion Type.
South Korea Fuel Tank Market was valued at USD 715.13(Revenue in USD Billion) in 2019.
South Korea Fuel Tank Market is projected to grow at a CAGR of 9.57% during the forecast period of 2024 to 2032.
The Plastic segment is expected to dominate the South Korea Fuel Tank Market, holding a largest market share of 503.80 USD Billion in 2024
South Korea Fuel Tank Market Scope
South Korea Fuel Tank Market Segmentation & Scope
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
Fuel Type
- Gasoline
- LPG/CNG
- Diesel
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)
Frequently Asked Questions
The South Korea Fuel Tank Market is segmented based on Segmentation Weight,Material Type,Tank Capacity,Fuel Type,Vehicle Type,Sales Channel,Propulsion Type.
South Korea Fuel Tank Market was valued at USD 715.13(Revenue in USD Billion) in 2019.
South Korea Fuel Tank Market is projected to grow at a CAGR of 9.57% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Fuel Tank Market for final year is USD 1,098.57 (USD Billion).
South Korea Fuel Tank Market Company Profiling
Frequently Asked Questions
The South Korea Fuel Tank Market is segmented based on Segmentation Weight,Material Type,Tank Capacity,Fuel Type,Vehicle Type,Sales Channel,Propulsion Type.
South Korea Fuel Tank Market was valued at USD 715.13(Revenue in USD Billion) in 2019.
South Korea Fuel Tank Market is projected to grow at a CAGR of 9.57% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Fuel Tank Market for final year is USD 1,098.57 (USD Billion).
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