The automotive fuel tank market is estimated to be USD 20.5 billion in 2020 and is projected to reach USD 27.4 billion by 2027, at a CAGR of 3.8%. The key growth drivers for the market are growing vehicle production, increasing demand and growing investments for the development of lightweight vehicles, longer driving range and more fuel efficiency, and increasing use of lightweight fuel tanks in the transportation sector.
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A full report of Automotive Fuel Tank Market available at: https://www.orionmarketreports.com/automotive-fuel-tank-market/39241/
Market Segmentation
By Tank Capacity
• <45L
• 45L–70L
• >70l
By Material Type
• Aluminum
• Plastic
• Steel
By Propulsion Type
• Hybrid
• Hydrogen
• ICE
• NGV
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