Global Grain Silos and Storage Systems Market

Grain Silos and Storage Systems Market Insights

The grain silos market will show upward trends between the forecast period. To maintain the grain high quality, storage life, and also to protect the produce farmers use silos and storage systems. These systems are used at both commercial and industrial level to permanently store the grain. The silos also perform the function of post-harvest management as they act as grain collector and distributional units. To protect the grains, silos manage the function of initial grain processing by way of drying fumigation and cleaning of grains.  All these functions help the storage systems market to grow in an upward fashion trend. The present scenario of COVID-19 puts extra pressure on the safety of the grains and storage units which can also enhance the market for grain silos and storage systems.

Grain Silos and Storage Systems Market: By Commodity Type

Based on the commodity type, the market is branched into rice, maize, sunflower, wheat, and soybean among others. The Maize segment would be growing in an upward trend as it is a versatile and adaptable crop. Their high value and importance in regions of the USA and India put them at high risk of damage. The important crop factors lead to high demand for the silos and storage systems in the market. The rice segment too would be growing rapidly owing to the government initiative of constructing silos in different states and increasing rice consumption globally.

Grain Silos and Storage Systems Market: By Silo Type

Based on the silo type, the market is explained into hopper silos, flat bottom silos, grain bins, and other silos type. The flat bottom silos segment will propel at a high growth rate in this market. These type of silos have low storage cost and is easy to build. For the long term storage option of grains, they are highly preferred. The grain bins segment too would show growth potential in the market. Their usage is dominating the industry because of the leader’s stronghold in the market.

Grain Silos and Storage Systems Market: By Region

Asia-Pacific would hold a major market chunk in the market. The region showcases huge investment opportunities in the silo construction project, rising consumption levels of major crops like maize & rice, and promising agricultural schemes for the farmers. All such factors impact positively on the market demand in the region. North America also shows growth potential for the market owing to the adoption of precision agriculture and advanced technologies in the agriculture.

Grain Silos and Storage Systems Market Share and Competitive Analysis

Some of the key players operating in the market include Silos Cordoba, Rosilo Montaj SRL, A-D Steel Silos, Silopro Grain Systems, UAB Inter Silo, Michal, Teco Grain Dryer, SIMEZA, Honeyville Metal, United Industries Group, Inc, Smith Steel & Fabrication, and Sron Silo System among others.

Please note: This is not an exhaustive list of companies profiled in the report.

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