This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Collapsible Fuel Tank Market

Market Insights on Collapsible Fuel Tank covering sales outlook, demand forecast & up-to-date key trends

Collapsible Fuel Tank Market By Capacity (25 to 100 gallon, 3000 gallon, 10,000 gallon, 50000 gallon, 200,000 gallon), Fabric Material (Polyurethane, Composite Material), End Use (Agriculture, Mining, Military Application, Commercial) & Region - Forecast 2022-2032

Collapsible Fuel Tank Market Overview

The global collapsible fuel tank market is estimated to create an absolute dollar opportunity of more than US$ 2 Bn by the end of 2032. The demand for collapsible fuel tanks is expected to top US$ 1.40 Bn by 2022, expanding at a robust CAGR of 8% to 9% during the forecast period 2022-2032. Increasing demand for temporary storage solutions across rising on-shore mining and oil & gas exploration activities across the world is projected to accelerate the sales of collapsible fuel tanks in the global market.

Report Attribute

Details

Collapsible Fuel Tank Market Value (2021)

US$ 1.35 Billion

Collapsible Fuel Tank Market Value (2022)

US$ 1.40 Billion

Collapsible Fuel Tank Market Anticipated Value (2032)

US$ 2 Billion

Collapsible Fuel Tank Market Projected Growth Rate (2022-2032)

8% to 9% CAGR

Collapsible fuel tanks, also commonly referred to as collapsible fuel bladders, provide temporary as well as long-term storage systems for various fuels. These bladders are made of synthetic coated fabrics such as polyethylene or nylon using advanced manufacturing and fabrics welding techniques such as hot air, hot air, and radiofrequency welding.

These storage systems are fabricated with variable towage strips and adaptable edges to offer high resistance to transport constraints. Collapsible fuel tanks are designed to provide large storage solution for fuels and are capable of withstanding harsh environmental conditions in remote locations from deserts to jungles and arctic.

Collapsible fuel tanks can be compactly folded and packaged for quick transportation by truck, ship, or aircraft. Also, these portable fuel bladder systems can be set up quickly on any outdoors, indoors, and flat surface. Attributed to this, collapsible fuel tanks are finding a wide range of applications from heft fuel storage for outdoor activities to industrial purposes. This is anticipated to fuel the demand for collapsible fuel tanks in the global market. 

Which are Some Prominent Drivers Spearheading Collapsible Fuel Tank Market Growth?

Collapsible fuel tanks are gaining huge popularity across the various industries such as oil & gas, mining, agriculture, and industries among others, owing to their favorable attributes such as easy instal, bulk storage, high durability, resistance to temperature fluctuation & moisture, others.

All these characteristics make these tanks the most suitable option for fuel storage purposes in remote areas. Thus, these fuel bladders are extensively being used across the military sector for applications such as military oil & fuel storage, military pumping systems, and others in outskirts areas.

Hence, increasing remote military training, weapon testing, surveillance, and defense activities across diverse countries such as China, the U.S., India, Russia, Israel, and others are estimated to augment the sales of collapsible fuel tanks in the market.

In addition to this, collapsible fuel tanks are also finding numerous applications for disaster relief fuel supply purposes, owing to their high portability and ease of installation for fuel storage purposes. Hence, increasing floods, landslides, forest fires, earthquakes, and others worldwide is expected to create lucrative opportunities for growth in the global market.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Challenges Faced by the Collapsible Fuel Tank Market?

Increasing implementation of stringent regulations regarding the use of plastics such as polyethylene, due to the rising environmental concerns across North America, Asia Pacific, and Europe is estimated to hider the sales of collapsible fuel tanks across the polyethylene segment.

Also, inability to install on irregular surfaces, high risk of puncture, and safety issues associated with the collapsible fuel tanks are the factor hampering the growth in the global market.

Why is Europe Emerging as an Opportunistic Collapsible Fuel Tank Market?

Future Market Insights reveals that Europe is anticipated to emerge as the most remunerative market for collapsible fuel tanks between 2022 and 2032.

Collapsible fuel tanks are increasingly being used in airplanes and other aerial vehicles, owing to their excellent flexibility, high durability, and the ability to fit in tight spaces. This, in addition to increasing adoption across mining activities in remote areas is augmenting the demand for flexible & portable fuel storage solutions.

Hence, leading players in the market are aiming at mergers and acquisitions for expanding their production capacity to capitalize on the surging demand. For instance, in 2019, ContiTech AG, a German manufacturer of intelligent components made of rubber, plastic, metal, and fabric announced acquiring an Italian company, Merlett Group to expand its expertise in developing materials for handling fuels and other industrial fluids. The acquisition assisted the company to replenish its resources and optimize technology & production. Such developments are estimated to favor the growth in the Europe market.

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

How is Asia Pacific Excluding Japan Contributing to the Growth of the Collapsible Fuel Tank Market?

As per FMI, Asia Pacific excluding Japan is estimated to project robust growth in the global collapsible fuel tank market over the forecast period 2022-2032.

Governments of several countries are emphasizing on investing large sums of money for launching novel oil and gas exploration activities to cater to the accelerating demand for petroleum products. For instance, according to a report by the India Brand Equity Foundation, the Indian Government announced investing nearly US$ 2,860 Mn in the oil & gas sector to drill over 120 oil exploration well and double the production of natural gas by 2022.

As these exploration activities are undertaken in remote areas, temporary bulk storage solutions such as collapsible fuel tanks are increasingly being used to store the fuel for heavy drilling and exploration machineries. This is anticipated to augment the demand for collapsible fuel tanks in the Asia Pacific excluding Japan market.

Market Competition

Some of the leading players in the collapsible fuel tanks market are Thomas Net, Aero Tec Laboratories, Inc., Vinyl Technology, Inc., ContiTech AG, SEI Industries, MPC Containment, Amfuel, SPC “Polytechnika” LLC, and others.

Attributed to the presence of such high number of participants and increasing collaboration, acquisition, and mergers, the market is highly competitive.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 8% to 9% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Capacity
  • Fabric Material
  • End Use
  • Region

Countries Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Companies Profiled

  • Thomas Net
  • Aero Tec Laboratories, Inc.
  • Vinyl Technology, Inc.
  • ContiTech AG
  • SEI Industries
  • MPC Containment
  • Amfuel
  • SPC “Polytechnika” LLC
  • Others

Customization

Available Upon Request

Key Segments Profiled in the Collapsible Fuel Tank Market Survey

By Capacity:

  • 25 to 100 gallon
  • 3000 gallon
  • 10,000 gallon
  • 50000 gallon
  • 200,000 gallon

By Fabric Material:

  • Polyurethane
  • Composite Material

By End Use:

  • Agriculture
  • Mining
  • Military Application
  • Commercial
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

FMI projects the sales of collapsible fuel tanks in the market is expected to rise at 8% to 9% value CAGR by 2032

The global collapsible fuel tanks market is expected to be dominated by North America over the forecast period 2022-2032.

Thomas Net, Aero Tec Laboratories, Inc., Vinyl Technology, Inc., ContiTech AG, SEI Industries, MPC Containment, Amfuel, SPC “Polytechnika” LLC some of the leading players in the prominent collapsible fuel tanks market.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

List of Charts

NA

Need specific information?

Request Customization

Explore Oil and Gas Insights

View Reports
Google translate

Collapsible Fuel Tank Market