Global Aircraft Fuel Tanks market will reach 7 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2018/12/10

A fuel tank (or petrol tank) is a safe container for flammable fluids. Though any storage tank for fuel may be so called, the term is typically applied to part of an engine system in which the fuel is stored and propelled (fuel pump) or released (pressurized gas) into an engine.

In the last several years, global market of aircraft fuel tanks developed rapidly, with an average growth rate of 4.87%. In 2017, global revenue of aircraft fuel tanks is nearly 6.62 M USD; the actual production is about 27.6 K units.

The proportion of flexible tank in 2017 is about 81%, and the proportion is in increasing trend from 2012 to 2017.

Civil field is the main application of aircraft fuel tanks, and the proportion in 2017 is about 77%. The market share in enjoying increasing trend from 2012 to 2017.

The global Aircraft Fuel Tanks market is valued at 6 million US$ in 2017 and will reach 7 million US$ by the end of 2025, growing at a CAGR of 1.8% during 2018-2025.

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