Automotive EVAP System Market: Regional Demand, Opportunities, Top Key Player and Forecast To 2025

In terms of regional growth, the Latin America automotive EVAP system market held considerable revenue share owing to rising concerns pertaining to fuel evaporation paired with the imposition of supportive international policies to control air pollution. According to an assessment released by UN Environment and the Climate and Clean Air Coalition, poor air quality and climate change are taking a toll on vulnerable population and environment within the Americas, leading to premature deaths, ecosystem damage, and crop yield losses.

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The global automotive EVAP system market is estimated to register a commendable growth rate over the ensuing years, on account of the growing air pollution levels worldwide. Air quality is deteriorating day by day posing a huge risk to the environment, human health, and food security. Fuel evaporative emissions undeniably, are a significant contributor to global air pollution levels. The gasoline in the fuel tank gradually evaporates over time, contaminating the air with VOCs (Volatile Organic Compounds).

According to the Environmental Protection Agency, there are enough cases of such emissions to contribute to air pollution and pose a risk to environmental and human life. The fuel injected in a car consists of over 150 chemicals including toluene, benzenes and even lead, which can cause headaches, breathing issues, and in worst cases result in death. Hence, it is vital for carmakers to install EVAP systems in their models to control fuel evaporation, which would help expand the global automotive EVAP system market size.

It comes as no surprise therefore, that the global automotive EVAP system market is heavily governed by regulations. Indeed, according to Global Market Insights, Inc., OEMs presently dominate the global automotive EVAP systems market due to the rising product installations in an effort to conform to government regulations like CARB and Test Procedures to monitor vehicle performance.

One of the most significant reasons for driving the demand for EVAP systems around the world is the increasing rate of passenger vehicle production. In the year 2017, over 80 million passenger cars were produced worldwide, out of which Europe accounted for an appreciable share. Developing nations like India witnessed a significant rise in production from over 3.95 million units in 2017 to nearly 4 million units in 2018.

Key factors such as increasing vehicular emissions, rising awareness regarding poor air quality along with a rise in vehicle manufacturing and supportive government regulations will continue to induce considerable possibilities for industry expansion in the coming years. For the record, the global market is also estimated to surpass a valuation of $65 billion by 2025.

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Some Point from Table of Contents:

Chapter 4. Automotive EVAP System Market, By Vehicle

4.1. Global automotive evaporative emission control system market share by vehicle, 2018 & 2025

4.2. PCV

4.2.1. Global market estimates and forecasts, 2013 – 2025

4.2.2. Market estimates and forecast, by region, 2013 – 2025

4.3. LCV

4.3.1. Global market estimates and forecasts, 2013 – 2025

4.3.2. Market estimates and forecast, by region, 2013 – 2025

4.4. HCV

4.4.1. Global market estimates and forecasts, 2013 – 2025

4.4.2. Market estimates and forecast, by region, 2013 – 2025

4.5. Two Wheelers

4.5.1. Global market estimates and forecasts, 2013 – 2025

4.5.2. Market estimates and forecast, by region, 2013 – 2025

Chapter 5. Automotive EVAP System Market By Components

5.1. Global automotive EVAP system by component, 2018 & 2025

5.2. Fuel tank

5.2.1. Global market estimates and forecasts, 2013 – 2025

5.2.2. Market estimates and forecast, by region, 2013 – 2025

5.3. Gas cap

5.3.1. Global market estimates and forecasts, 2013 – 2025

5.3.2. Market estimates and forecast, by region, 2013 – 2025

5.4. Liquid vapor separator

5.4.1. Global market estimates and forecasts, 2013 – 2025

5.4.2. Market estimates and forecast, by region, 2013 – 2025

5.5. Canister

5.5.1. Global market estimates and forecasts, 2013 – 2025

5.5.2. Market estimates and forecast, by region, 2013 – 2025

5.6. Control Valve

5.6.1. Global market estimates and forecasts, 2013 – 2025

5.6.2. Market estimates and forecast, by region, 2013 – 2025

5.7. Sensors

5.7.1. Global market estimates and forecasts, 2013 – 2025

5.7.2. Market estimates and forecast, by region, 2013 – 2025

5.8. Hoses

5.8.1. Global market estimates and forecasts, 2013 – 2025

5.8.2. Market estimates and forecast, by region, 2013 – 2025

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