2-Wheeler Fuel Tank Market Size, Share, Competitive Landscape and Trend Analysis Report, by Capacity, by Material Type, by End User : Global Opportunity Analysis and Industry Forecast, 2024-2033

2-Wheeler Fuel Tank Market Research, 2033

The global 2-wheeler fuel tank market size was valued at $6.8 billion in 2023, and is projected to reach $13.7 billion by 2033, growing at a CAGR of 7.4% from 2024 to 2033.

Report Key Highlighters:

• The 2-wheeler fuel tank market study covers 14 countries. The research includes regional and segment analysis of each country in terms of value ($million) for the projected period 2024-2033.
• The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global 2-wheeler fuel tank market forecast and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
• Over 3,700 product literature, annual reports, industry statements, and other comparable materials from major industry participants were reviewed to gain a better understanding of the 2-wheeler fuel tank industry.
• The 2-wheeler fuel tank market share is highly fragmented, into several players including Suzuki Motor Corporation, Lumax Industries, Harley Davidson, Walbro, Royal Enfield, A.G Industries Pvt. Ltd., Yamaha Motor Co., Ltd., Piaggio Vehicles Pvt. Ltd., GOSHI GIKEN CO., LTD., and Honda Motor Co., Ltd. These companies have adopted strategies such as product launches, contracts, expansions, agreements, and others to improve their market positioning.

Two-wheeler fuel tank is a storage container which is placed on motorcycles or scooters. 2-wheeler fuel tanks are designed to hold and supply fuel for the engine. Fuel tanks are a critical component of the vehicle fuel system, and are typically manufactured from metal or plastic, fuel tank helps in ensuring safe storage and efficient delivery of fuel during operation.

One of the major functions of a fuel tank is to store fuel and ensure a steady supply of fuel to the engine. A well-designed fuel tank maintains optimal fuel flow of fuel, thus preventing interruptions which could affect engine performance. 2-wheeler fuel tanks are sometimes equipped with a fuel pump or gravity-fed system, depending on the vehicle type, to regulate and maintain the fuel supply efficiently.

The 2-wheeler fuel tank market has been governed by increase in use of 2-wheeler in last mile deliveries, growth in popularity of motorcycles for leisure and adventures, and increase in sales of two wheeler in developing countries. However, factors such as growth in focus toward electric 2 wheelers, and high cost of composite tank and stringent regulatory framework hinder the growth of the market to some extent. On the contrary, factors such as advancements in material technology, and growth in demand for personalized fuel tanks create lucrative growth opportunities for the market.

The growing urbanization has led to densely populated cities and congested roads, where larger delivery vehicles such as buses and trucks struggle to navigate. 2-wheelers excel in these environments, allowing easy maneuvering through urban and traffic areas and can easily reach narrow streets or remote urban areas, thus ensuring timely deliveries. In addition, two-wheelers are a cost-efficient option for delivery services operators as they require less initial investment compared to vans or trucks and incur lower operational expenses for fuel, maintenance, and insurance.

According to a study conducted by the U.S. Department of Transportation, emissions from the last mile delivery can account for up to 50% of total carbon emissions. In addition, delivery vans and trucks cause vehicle congestion and safety issues in urban city centers. On the contrary, bikes and scooters offer a sustainable solution for the last mile delivery and low cost of operation. In light of recent disruptions such as the COVID-19 pandemic, bike deliveries have demonstrated their resilience by providing essential services such as grocery and medicine delivery, thus ensuring continuity in supply chains and meeting the needs of last mile solutions.

Moreover, in recent years, the use of motorcycles for leisure and adventure has grown significantly. The demand for motorcycles for recreational purposes has increased notably in developed countries compared to developing regions. For instance, a recent study published by ACEM – The Motorcycle Industry revealed that leisure mobility accounts for more than 50% of motorcycle use in developed countries. In addition, motorcycles are primarily used for leisure and tourism purposes about 70% of the time in developed countries. Motorbikes, in developed countries, are typically used for short weekend trips or long rides. Similarly, there is a growing popularity of motorcycle sports events, dedicated fairs, and brand-specific gatherings. The growth in biking events and increase in recreational use of motorbikes further drive the 2-wheeler fuel tank market.

According to a recent study, motorcycle tourists in the U.S. spend more than $100 per day when visiting and touring an area. In Europe, a 2019 study by Oxford Economics estimated that spending by spectators at motorcycle events alone contributes $391 million in gross value to the European GDP. Furthermore, motorcycling-related tourism, sports, and leisure activities have experienced lucrative growth and are expected to continue expanding in the coming years.

Key Developments

• On January 22, 2025, TVS Motors launched the first CNG-Powered Jupiter scooter for the Indian market. The new Jupiter 125 CNG, is equipped with 124.8cc engine with bi-fuel system, which offer high fuel efficiency and a range of 226 km/liter. The new model also allows the user to switch between petrol and CNG according to the situation and requirements. The TVS Jupiter is equipped with a 1.4kg CNG tank and a 2-liter fuel tank. According to the insights from some of the major 2-wheeler manufactures, there will be greater focus on developing 2-wheelers with alternative fuels to reduce environmental emissions and offer better driving dynamics to riders.

Segmental analysis

The 2-wheeler fuel tank market insights is segmented into capacity, material type, end user, and region. On the basis of capacity, the market is segregated into less than 20 liters and more than 20 liters. By material type, the market is fragmented into metal and plastic. On the basis of end user, the global market is segmented into scooters and bikes. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.

By Capacity

By capacity, the 2-wheeler fuel tank market is categorized into less than 20 liters and more than 20 liters. The less than 20 liters segment dominated the 2-wheeler fuel tank market in 2023. Owning to, the less than 20 liter tanks are generally manufactured for use in smaller vehicles which have low fuel requirement, often between 4 to 8 liters, as they are designed for short-distance, urban travel. Urban and city commuters require compactness and efficiency, leading to smaller tanks design. In addition, two wheelers have a high fuel efficiency compared to any other vehicle and the majority of smaller tank motorcycles are intended to be used in cities and for short travels.

By Material

By material type, the 2-wheeler fuel tank market is categorized into metal and plastic. The metal segment dominated the 2-wheeler fuel tank market in 2023. Owning to, metal fuel tanks are highly durable and resistant to impact, making them a preferred choice over plastic alternatives, especially for adventure and touring motorcycles. Metals like steel and aluminum are strong and can withstand significant impacts, thus reducing the risk of fuel leaks or ruptures during accidents. Moreover, metal tanks are more robust and can endure daily wear and tear, ensuring a longer lifespan compared to many plastic tanks. Similarly, metal 2-wheeler fuel tanks can easily be repaired and thus incur low maintenance costs.

By End User

By end user, the 2-wheeler fuel tank market is categorized into scooters and bikes. The bikes segment dominated the 2-wheeler fuel tank market in 2023. Owning to, bike segment is driven by their suitability for short-distance travel making them a good option for use in daily commuting, and for commercial activities such as small-scale or last mile deliveries. Moreover, in emerging markets such as India, Southeast Asia, and Africa, the growth in middle class and increased disposable income, makes motorcycles more accessible to a larger pool of population. Many individuals in these regions prefer motorcycles for personal transportation due to affordability and practicality. Furthermore, there is a growing trend of motorcycle clubs and organized bike events, which are further driving the motorcycle segment demand.

By Region

Region wise the global market analyzed into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. The Asia-Pacific region dominated the global market in 2023, owning to the surge in technological innovations within the automobile industry, increased focus by manufacturers in the 2-wheeler industry, and rise in consumer preference for premium 2-wheelers. For instance, in July 2022, TVS Motor Company launched the TVS RONIN, a premium motorcycle that perfectly combines style, riding comfort, and technology. The TVS RONIN is equipped with a 14-liter metal fuel tank that blends retro and modern aesthetics, and is sculpted in a shape that enhances the bike’s muscular look and offers better grip and riding comfort.

Similarly, China has initiated various measures to promote green transportation and implemented regulations regarding vehicle emissions, which contribute to the 2-wheeler fuel tank market growth. For example, China introduced the three-year Action Plan, the “Blue Sky Defense War” and has taken steps such as implementing the China VI emission standard, promoting the adoption of 2-wheelers, improving fuel quality, and helping to reduce traffic congestion. Thus, the growing technological advancement in 2-wheeler fuel tanks and growing government involvement in promoting the use of 2-wheelers are anticipated to drive the market during the review period.

Increase in Sale of Two Wheeler in Developing Countries

Motorcycle sales are experiencing increased demand in developing countries, driven by factors such as rapid urbanization, population growth, and rise in affordability. In developing regions where economic income is lower, motorcycles are a more affordable alternative to cars, making them accessible to a larger segment of the population. In addition, in densely populated cities, traffic congestion poses a significant challenge. As 2-wheelers offer compact size and maneuverability, motorcycles and scooters provide an affordable and practical transportation option, especially in congested urban areas.

For instance, MotorCycles Data (MCD), an association that tracks motorcycle sales across 90 countries, and represents approximately 99.4% of the global market, announced that the 2-wheeler sector will see a strong growth rate in 2024-2025. The report also highlights that motorcycle and scooters demand will be strongest in India, followed by Southeast Asia, Europe, Latin America, and North America.

For instance, in India, the Federation of Automobile Dealers Associations reported that motorcycle demand is particularly high in rural areas. Sales in rural areas surged by 57–60% in the April–June quarter of 2024–25, indicating a rising trend in 2-wheeler sales. The growing demand for two-wheelers in developing countries is expected to continue in coming years; thus, driving the market for 2-wheeler fuel tanks during the forecast period.

Advancement in Material Technology

Fuel tanks are an essential component of modern two-wheelers as they play a crucial role in vehicle performance, safety, and aesthetics. However, majority of the two wheelers in the market today use the same traditional material for manufacturing fuel tanks. The traditional materials such as aluminum, steel and other metals used in manufacturing are heavier in weight and are more prone to dent or damage during an impact. Moreover, 2-wheeler manufacturers today utilize novel manufacturing techniques to reduce the manufacturing cost and offer more durable fuel tanks.

Similarly, advancements in material technology have potentially revolutionized fuel tank design and manufacturing, which in turn has significantly increased its market demand. Increasing use of innovative and modern materials such as carbon fiber, reinforced plastics and other hybrid materials allow manufacturers to produce lighter tanks that are cost-effective. Thus, the growing advancement in 2-wheeler tank manufacturing technology and growing adoption of new materials are anticipated to create lucrative growth opportunities during the review period.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the 2-wheeler fuel tank market size analysis from 2023 to 2033 to identify the prevailing 2-wheeler fuel tank market opportunities.
• The 2-wheeler fuel tank Industry research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the 2-wheeler fuel tank market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global 2-wheeler fuel tank market analysis.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the 2-wheeler fuel tank market demand.
• The report includes the analysis of the regional as well as global 2-wheeler fuel tank market trends, key players, market segments, application areas, and market growth strategies.

  2-Wheeler Fuel Tank Market Report Highlights

Aspects	Details
Market Size By 2033	USD 13.7 billion
Growth Rate	CAGR of 7.4%
Forecast period	2023 - 2033
Report Pages	280
By Capacity	Less than 20 Liters More than 20 Liters
By Material Type	Metal Plastic
By End User	Scooters Bikes
By Region	North America  (U.S., Canada, Mexico) Europe  (Germany, UK, France, Italy, Rest of Europe) Asia-Pacific  (China, Japan, India, South East Asia, Rest of Asia-Pacific) Middle East and Africa  (Saudi Arabia, South Africa, Rest of Middle East And Africa) Latin America  (Brazil, Argentina, Rest of Latin America)
Key Market Players	Yamaha Motor Co., Ltd., GOSHI GIKEN CO., LTD., Harley Davidson, Honda Motor Co., Ltd., Lumax Industries, Royal Enfield, Piaggio Vehicles Pvt. Ltd., A.G Industries Pvt. Ltd., Suzuki Motor Corporation, Walbro

Author Name(s) : Ankush Devidas Malode | Lalit Janardhan Katare

Related Tags

• 2 Wheeler Fuel Tank