Name

Korea Fuel Tech

Legal name

Korea Fuel Tech Corporation (코리아에프티 주식회사)

Website

https://kftec.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Korea Fuel Tech is a South Korea-based Tier-2 automotive supplier designing and manufacturing carbon canisters, plastic filler necks, and interior/exterior trim parts for global OEMs including Hyundai Motor Group, Volkswagen, Renault, Volvo, and Chinese new-energy automakers, with 11 plants across 6 countries.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Motor Vehicle Parts Manufacturing (3363), Other Motor Vehicle Parts Manufacturing (336390), Motor Vehicle Seating and Interior Trim Manufacturing (336360)

SIC

Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Passenger Vehicle Fuel System Manufacturing (ICE) (IMACAAAH)

akta.pro secondary industries

Automotive Interior Comfort & Convenience Components Manufacturing (Armrests/Cupholders/Storage/Interior Hardware) (IMACAKAJ), Automotive Exterior Body Panels & Closures Manufacturing (Bumpers/Fenders/Hoods/Doors/Tailgates) (IMACAKAD)

Keywords

• Automotive fuel systems
• Carbon canister components
• Evaporative emissions control
• Plastic filler neck manufacturing
• Vehicle interior trim parts

Headquarters

HQ city

Anseong

HQ country

South Korea

HQ region

Asia

Offices13 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Automotive Components Manufacturing & Sales: Designs, manufactures, and sells fuel system components (carbon canister, plastic filler neck) and interior/exterior trim parts directly to global automotive OEMs. Revenue is transactional per-vehicle contracts with long-term supply agreements with major automakers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Korea Fuel Tech designs, manufactures, and sells automotive fuel system components (carbon canisters for evaporative emission control, plastic filler necks for fuel delivery) along with interior and exterior decorative trim parts (pillar trims, consoles, grilles, sunshades, door curtains, air intake systems) to global automotive OEMs. Its two flagship lines are the carbon canister (9% global market share) and the plastic filler neck (PA6+NANO nano-composite variant), with an in-house R&D center producing proprietary eco-friendly vehicle components across 11 factories in 6 countries.

Product overview

Korea Fuel Tech Corporation is an eco-friendly automotive parts manufacturer producing fuel system components, decorative trim parts, and related modules. The product portfolio centers on three core offerings: Carbon Canisters (evaporative emission control), Plastic Filler Necks (fuel delivery with lightweight construction), and Decorative Trim Parts (interior and exterior). Supporting products include Air Intake Systems, Sunshades, and Exterior Parts. All products are developed and manufactured in-house at R&D centers in Korea, with production facilities across 6 countries serving major global automakers including Hyundai, Kia, Hyundai Mobis, and international customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Carbon Canister (캐니스터) Evaporative emission control component for gasoline and hybrid vehicles that adsorbs and purges fuel vapor; certified across all major global emissions standards.
• Plastic Filler Neck (필러넥) Lightweight plastic fuel delivery tube from fuel inlet to fuel tank, replacing steel to improve fuel efficiency and prevent air pollution; available in mono-layer, multi-layer, urea, PA6+NANO, and MFI variants.
• Decorative Trim Parts (의장부품) Interior and exterior automotive trim components (pillar trims, luggage board, floor console, glove box, connection duct, grilles, skid plate) that ensure safety, provide storage convenience, and enhance vehicle aesthetics.
• Air Intake System (흡기 시스템) Engine-compartment air passage component that delivers outside air to the air cleaner and filtered air to the throttle body while absorbing engine vibrations; produced using proprietary 3D Suction Blow molding.
• Sunshade and Door Curtain (선쉐이드) Sunshade and door curtain devices (electric, manual, and door curtain variants) that block sunlight and glare from rear vehicle headlights, providing passenger comfort and privacy protection.
• Exterior Decorative Parts (외장 의장부품) Exterior components (radiator grilles, bumper grilles, skid plates) that improve engine cooling, prevent foreign object entry, minimize pedestrian injury risk, and enhance vehicle exterior appearance.

Quantifiable outcome

• 9% global carbon canister market share
• +5 more outcomes

Named customers17 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered minor.

• Mujigaegongbang / Rainbow Workshop (무지개공방)minorOthers · 1 January 2011Founded in 2011 as a social enterprise under the Ministry of Employment and Labor. Korea Fuel Tech donated KRW 550 million in capital and contributed to establishing the human and material network needed for the workshop's establishment. The workshop supports crime victims' employment and psychological healing through art therapy.
• Korea Polytechnic University Anseong Campus (한국폴리텍대학 안성캠퍼스)minorOthersMOU signed for industry-customized human resources development, skills training, and smooth business operations and mutual development between academia and industry.
• Hanla University (한라대학교)minorOthersWork-learning parallel system IPP-type program in partnership with the Ministry of Employment and Labor. Student-workers gain practical skills through on-the-job training while earning wages and degrees. The company educates and trains student-workers according to its needs to secure talent.
• Korea Scholarship Foundation (한국장학재단)minorOthersBusiness agreement to support employment of vocational high school graduates in fair society based on competency. Supports matching students with suitable positions and helps them grow into talents who contribute to society.
• DGIST (대구경북과학기술원)minorOthersResearch donation program (2024-2028) providing KRW 30 million annually for 5 years to support outstanding researchers and professors in science and technology development.
• Seongjeong Cultural Foundation (성정문화재단)minorOthersCultural/artistic event sponsorship supporting talented youth cultural artists' discovery, development, and activities on the world stage.

Scale indicators10 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Sungwoo Hitech: Korean automotive plastic parts manufacturer producing fuel system components, exterior parts, and modules for global OEMs. Comparable in plastic molding technology and direct Hyundai/Kia supply relationships.
• Yapp Automotive Parts: Chinese supplier specializing in plastic fuel tanks and fuel system components with global OEM exposure. Direct competitor in plastic filler neck production and evaporative emissions components, particularly across Chinese and global OEM platforms.
• Futaba Industrial: Japanese manufacturer of exhaust system and emissions-related components with global OEM supply. Comparable in emissions-control component manufacturing, particularly in serving Japanese and Asian OEM customers with regulatory-driven emissions parts.
• TI Fluid Systems: UK-listed specialist in automotive fluid handling including fuel filler necks, fuel tanks, and thermal management components. Closely comparable product portfolio in fuel delivery and emissions-related fluid systems supplied to global OEMs.
• Inoac Corporation: Japanese manufacturer of interior and exterior automotive components including trim parts and plastic molded products. Directly comparable in decorative interior trim and plastic component manufacturing serving Asian OEMs.
• Plastic Omnium: Global leader in plastic fuel systems including filler necks and plastic fuel tanks, with major OEM relationships across Europe, North America, and Asia. Directly comparable to Korea Fuel Tech in plastic filler neck technology, multi-layer barrier constructions, and global OEM supply model.
• Daewon Kang Up: Korean automotive parts manufacturer supplying fuel system and chassis components to Hyundai, Kia, and other OEMs. Closely comparable Korean competitor in fuel delivery and emissions control components serving the same customer base.

Broad incumbents

• Motherson Group: Global Tier-1 interior and exterior components supplier with extensive automotive trim and module manufacturing. Overlaps with Korea Fuel Tech in interior and exterior decorative trim parts across multiple global OEM customers, but at significantly larger scale and broader product scope.
• Hanon Systems: Global thermal and fluid management supplier (formerly Halla Visteon Climate Control) with Korean OEM roots and broad product portfolio across HVAC and powertrain cooling. Comparable in thermal/fluid systems engineering and Hyundai Group customer overlap, but with a much broader portfolio.
• Hyundai Mobis: Korea's largest automotive parts supplier and the flagship affiliate of Hyundai Motor Group, supplying modules, fuel systems, and interior/exterior components. Overlaps with Korea Fuel Tech across fuel system and trim components but operates at vastly larger scale across the full module spectrum.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/korea-fuel-tech-corp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Korea Fuel Tech