Product Code: GVR-4-68040-647-0
Automotive Fuel Tank Market Summary
The global automotive fuel tank market size was estimated at USD 18.03 billion in 2024, and is projected to reach USD 26.81 billion by 2033, growing at a CAGR of 4.8% from 2025 to 2033. The market growth is driven by the sustained demand for internal combustion engine (ICE) vehicles, especially in emerging markets across Asia Pacific, Latin America, and parts of Africa.
Technological advancements are reshaping the automotive fuel tank industry, with OEMs increasingly shifting from traditional metal tanks to high-performance plastic and multi-layer composite tanks. These modern tanks offer superior corrosion resistance, lower weight, and enhanced compatibility with stringent evaporative emission norms. Multi-layer plastic tanks are especially prevalent in regions such as North America and Europe due to their ability to minimize hydrocarbon emissions. Moreover, innovations in blow-molding and welding techniques have enabled the production of complex tank geometries that improve vehicle packaging and safety.
Leading market players are making strategic investments in capacity expansion, material R&D, and localized production facilities to cater to growing regional demand and evolving emission standards. Automotive component suppliers are forming partnerships with polymer companies to develop advanced fuel tank materials, such as high-density polyethylene (HDPE) and barrier resins. Furthermore, several OEMs and Tier 1 suppliers are investing in modular fuel tank systems that can be easily integrated into hybrid vehicle architectures. Emerging markets are also witnessing increased foreign direct investment (FDI) in automotive manufacturing, which indirectly boosts demand for OEM fuel tank supplies.
Regulations play a pivotal role in shaping the automotive fuel tank industry. Stringent environmental standards, such as Euro 6/7 in Europe and EPA Tier 3 in the U.S., require fuel tanks to incorporate vapor recovery and emissions-control systems. These rules are driving demand for advanced materials and multilayer constructions that can contain fuel vapors more effectively. In addition, safety regulations related to crash performance and fuel leakage prevention have spurred the adoption of impact-resistant tank designs. Compliance requirements compel manufacturers to innovate continuously while ensuring cost-effectiveness.
Despite steady demand, the automotive fuel tank industry faces several restraints. The accelerating shift toward electric vehicles (EVs) globally poses a structural threat, as EVs do not require conventional fuel tanks. Several countries, including the UK, Germany, and parts of North America, have already announced bans or phasedown plans for new ICE vehicle sales over the next decade. Moreover, rising raw material costs, particularly for specialized plastics and metals, are affecting profitability and supply chain efficiency.
Global Automotive Fuel Tank Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global automotive fuel tank market report based on capacity, material, vehicle type, sales channel, and region.
- Capacity Outlook (Revenue, USD Billion, 2021 - 2033)
- Below 45L
- In Between 45-70L
- Above 70L
- Material Outlook (Revenue, USD Billion, 2021 - 2033)
- Aluminium
- Steel
- Plastic
- Vehicle Type Outlook (Revenue, USD Billion, 2021 - 2033)
- Passenger Cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
- Two-wheelers
- Sales Channel Outlook (Revenue, USD Billion, 2021 - 2033)
- OEMs
- Aftermarket
- Regional Outlook (Revenue, USD Billion, 2021 - 2033)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Automotive Fuel Tank Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Automotive Fuel Tank Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Automotive Fuel Tank Market: Capacity Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Automotive Fuel Tank Market: Capacity Movement Analysis, 2024 & 2033 (USD Million)
- 4.3. Below 45L
- 4.3.1. Below 45L Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.4. In Between 45-70L
- 4.4.1. In Between 45-70L Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5. Above 70L
- 4.5.1. Above 70L Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. Automotive Fuel Tank Market: Material Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Automotive Fuel Tank Market: Material Movement Analysis, 2024 & 2033 (USD Million)
- 5.3. Aluminium
- 5.3.1. Aluminium Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4. Steel
- 5.4.1. Steel Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.5. Plastic
- 5.5.1. Plastic Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. Automotive Fuel Tank Market: Vehicle Type Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Automotive Fuel Tank Market: Vehicle Type Movement Analysis, 2024 & 2033 (USD Million)
- 6.3. Passenger Cars
- 6.3.1. Passenger Cars Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4. Light Commercial Vehicles (LCVs)
- 6.4.1. Light Commercial Vehicles (LCVs) Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5. Heavy Commercial Vehicles (HCVs)
- 6.5.1. Heavy Commercial Vehicles (HCVs) Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6. Two-wheelers
- 6.6.1. Two-wheelers Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 7. Automotive Fuel Tank Market: Sales Channel Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Automotive Fuel Tank Market: Sales Channel Movement Analysis, 2024 & 2033 (USD Million)
- 7.3. OEMs
- 7.3.1. OEMs Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 7.4. Aftermarket
- 7.4.1. Aftermarket Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 8. Automotive Fuel Tank Market: Regional Estimates & Trend Analysis
- 8.1. Automotive Fuel Tank Market Share, By Region, 2024 & 2033, USD Million
- 8.2. North America
- 8.2.1. North America Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.4.6. Australia
- 8.4.6.1. Australia Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.6.2. UAE
- 8.6.2.1. UAE Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.6.3. KSA
- 8.6.3.1. KSA Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. South Africa Automotive Fuel Tank Market Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. OPmobility SE
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. yapp.ing
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. Kautex
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. TI Fluid Systems plc
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Motherson Yachiyo Automotive Systems Co., Ltd.
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Magna International Inc.
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. Fuel Total Systems
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. ContiTech Deutschland GmbH
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. SMA Serbatoi S.p.A.
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. SRD HOLDINGS Ltd.
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives