Global Automotive Fuel Pipes Market 2017-2021

Overview of the global automotive fuel pipes market

Technavio's research analysis on the global automotive fuel pipes market identifies that the rising focus on lowering the curb weight of the vehicle will be one of the major factors that will have a positive impact on the growth of the market. The automotive industry is largely focusing on lowering the weight of the vehicles, as it will offer improved agility, improved driving dynamics, and results in lower fuel consumption. Due to this, fuel pipe manufacturers are increasingly using carbon fiber reinforced plastics to decrease the weight of the vehicle. This trend has gained limited prominence due to its high costs.  However, with the advancements in technology and economies of scale, the cost of carbon fiber will significantly drop by 2021. Also, the stringent carbon emission targets set by governments and associated penalties has driven the OEMs to concentrate on weight reduction. As a result, our expert analysts expect that the automotive fuel pipes made of high-performance plastics and reinforced carbon fiber will be in demand during the forecast period. Our market research analysts predict that this market will post a revenue of more than USD 2.3 billion by 2021.

The increased use of non-corrosive materials is one of the key trends that will gain traction in the automotive fuel pipes market. Automotive fuel pipes are exposed to numerous external elements and are susceptible to rust and damage requiring a quicker replacement. The vehicles used in snow, rain, and ice are prone to corrosive winter road salt and moisture. As a result, OEMs are manufacturing the vehicles with non-corrosive materials, such as thermoplastics that can protect the automotive fuel pipes from rusting and enhancing their lifespan.

Competitive landscape and key vendors  

The automotive fuel pipes market consists of many suppliers operating in the market. The competitive environment in the market will increase with the improvements in technology, stringent emission norms, and rising focus of OEMs on lowering the weight of the vehicle. Most of the advancements in the automotive fuel pipes market is concentrated on the rising focus on reducing the weight of the vehicle, reducing carbon emission, enhancing the lifespan of the automotive fuel pipes, and reshaping and redesigning the automotive fuel pipes.

The leading vendors in the market are ?

• Continental
• Gates Corporation
• Magna International
• Sumitomo Riko

The other prominent vendors in the market are DuPont, Eaton, and Keihin Corporation.

Segmentation by application and analysis of the automotive fuel pipes market

• Passenger car
• LCV
• M&HCV

During 2016, the passenger car segment accounted for the major shares of the automotive fuel pipes market. Factors such as the growing trend of vehicles equipped with direct injection engines and rise in the usage of new synthetic oils and biodiesel fuels will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the automotive fuel pipes market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the automotive fuel pipes market throughout the forecast period. APAC has a high number of first-time buyers of passenger cars. This is increasing the sales of passenger cars, which, in turn, will drive the market for automotive fuel pipes in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive fuel pipes market?
• What are the key market trends impacting the growth of the global automotive fuel pipes market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive fuel pipes market?
• What are the market opportunities and threats faced by the vendors in the global automotive fuel pipes market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive fuel pipes market?

Technavio also offers customization on reports based on specific client requirement.

Automotive fuel pipes are mainly used for passing fuel from the storage tank to the engine, which is made of components such as aluminum, stainless steel, and rubber. The upcoming report on the global automotive fuel pipes market is an essential part of the automotive industry. Our market research reports for the automotive industry comprise of an in-depth analysis of a broad range of business assessment parameters such as market size, technological advancements, prominent vendors, and key insights to offer information on the automotive components sector.

By implementing an extensive primary and secondary research methodology and analyzing dynamic market variables of the automotive component sector, the upcoming market research report on the automotive fuel pipes market offers insights into the key market drivers, market size, and competitive factors that will influence the growth of the key vendors in this market space. The report also presents an overview of the level of competition in the market by covering vendors such as Dupont, Cooper-Standard Automotive, Keihin Corp, Linamar Corp, SumiRiko, Eaton Corp, Plastic Omnium Co, and Magna International Inc.

The upcoming industry research report for the global automotive fuel pipes market also provides insights into the factors affecting the growth of the market pertaining to specific geographic regions by covering geographies such as the Americas, EMEA, and Asia Pacific.  A modern-day automobile strives for a high level of performance by optimizing the weight, fuel efficiency, and durability. In order to give way for optimal automobile performance, the vendors within this market have been developing lighter fuel pipe components, focusing on improving fuel efficiency, and abiding by high emission standards. This trend is expected to influence the market significantly over the next few years.

The upcoming industry research report on the global automotive fuel pipes market also accurately maps the total market size, growth rate, technological advancements, as well as the constraints that the agrochemicals and fertilizers sector currently experiences. Technavio also provides deep-dive market assessments into the sectors such as automotive services, wheels and tires, and auto accessories.

Our market research methodology for the global automotive fuel pipes market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.