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Europe High Density Polyethylene Jerrycan Market Size, Share
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Global Automotive Camshaft Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts
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Global Automotive Camshaft Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts
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Global Automotive Fuel Tank Markets, Competition, Forecast & Opportunities, 2026
February 17, 2021 08:53 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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In 2019, the Global Automotive Fuel Tank Market stood around 153 million units and is expected to witness a CAGR of over 13% during 2021 - 2025.
Increasing vehicle production and imposing regulation on reducing vehicle weight by governments of several countries are among the major driving factors of the automotive fuel tank market across the globe. In Europe and North America, automotive manufacturers are obligated by government regulations to come up with innovative designs of vehicles to improve fuel efficiency and lower fuel consumption. These factors are expected to drive the automotive fuel tank market through 2025.