Automotive Evaporative Emission Control System (EVAP) Market to Witness a Healthy Growth over 2030

Pune, India, July 2023, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Automotive Evaporative Emission Control System (EVAP) Market.

Market Highlights

Global Automotive Evaporative Emission Control System (EVAP) Market size is anticipated to register a CAGR of 4% between 2023 and 2030 to reach an approximate value of USD 70213.2 Million by 2030. The Evaporative Emission Control (EVAP) System seals the fuel system of the vehicle to prevent fuel vapors from the fuel tank and fuel system from escaping into the atmosphere. This is important because fuel vapors contain a variety of hydrocarbons. Hydrocarbons form smog when they react with air and sunlight. Gasoline evaporates very quickly, so if the fuel system is open to the atmosphere a vehicle can pollute 24 hours per day without even being turned on. These uncontrolled evaporative emissions account for as much as 20% of the pollution produced by a vehicle.

Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Automotive Evaporative Emission Control System Market Trends

Global Automotive Evaporative Emission Control System (EVAP) Market, 2022–2030

In 2019, Asia-Pacific contributed significantly in the automotive evaporative emission control system (EVAP) market in terms of share: MRFR

Based on region, the automotive evaporative emission control (EVAP) system market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The Asia Pacific automotive evaporative emission control (EVAP) system market is anticipated to expand at a significant CAGR during the forecast period due to the increasing demand for vehicles and rising per capita income in the region. In addition, China and India are major producers of automobiles, which in turn, is likely to be a major factor that fuels the automotive evaporative emission control (EVAP) system market in Asia-Pacific during the forecast period. The global automotive evaporative emission control (EVAP) system market can be segmented based on component, vehicle type, sales channel, and region. Based upon component, the automotive evaporative emission control (EVAP) system market can be bifurcated into fuel tank, vent hoses, purge valve/sensor, EVAP canister, fuel tank pressure sensor, liquid-vapor separator, fuel level sensor, and gas cap. Based on vehicle type, the automotive evaporative emission control (EVAP) system market can be classified into passenger vehicle, light commercial vehicle, heavy commercial vehicle, and two-wheelers. The passenger vehicle segment is anticipated to grow at a significant rate in the coming years. In terms of sales channel, the global automotive evaporative emission control (EVAP) system market can split into OEM and aftermarket. The OEM distribution channel segment held a significant share in the global market in 2019.

Global Automotive Evaporative Emission Control System (EVAP) Market size is anticipated to register a CAGR of 4% between 2023 and 2030 to reach an approximate value of USD 70213.2 Million by 2030.

Drivers

Scope of the Report

This report provides an in-depth analysis of the global automotive evaporative emission control system (EVAP) market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights the market size and shares for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive evaporative emission control system (EVAP) market by part, vehicle type, distribution channel, and region.

• 
  Product
  
  
  
  • Fuel Tank
  
  
  • Vent Hoses
  
  
  • Purge Valve/Sensor
  
  
  • EVAP Canister
  
  
  • Fuel Tank Pressure Sensor
  
  
  • Liquid-vapor Separator
  
  
  • Fuel Level Sensor
  
  
  • Gas Cap
  
  
  
  

• 
  Vehicle Type
  
  
  
  • Passenger Vehicle
  
  
  • Light Commercial Vehicle
  
  
  • Heavy Commercial Vehicle
  
  
  • Two-wheelers
  
  
  
  

• 
  Technology
  
  
  
  • OEM
  
  
  • Aftermarket
  
  
  
  

• 
  By Region
  
  
  
  • North America 
  
  
  • Asia-Pacific 
  
  
  • Europe
  
  
  • Rest of the World
  
  
  
  

Key Players

Key players operating in the global automotive evaporative emission control (EVAP) system market include SenTec Group (Switzerland), The Plastic Omnium Group (France), Eagle Industry Co., Ltd. (Japan), Delphi Technologies (UK), TI Automotive (UK), Plastic Fuel Systems (China), Didac International (India), Padmini VNA Mechatronics Pvt Ltd (India), Stant Corporation (Indiana), Robert Bosch GmbH (Germany), Okay Motor Products Hangzhou Inc. (China), and Standard Motor Products Inc. (US).