Product Overview

Silos also perform the post-harvest management role as they act as collectors and distribution units of grain. Silos control the purpose of initial grain processing by drying, fumigating and cleaning grains in order to protect the grains. All these functions allow the demand for storage systems to expand in an upward direction of fashion. The current COVID-19 scenario puts additional pressure on the protection of grains and storage units, which can also improve the grain silos and storage market.

Market Highlights

Grain Silos and Storage System Market is expected to project a notable CAGR of 4.5% in 2030.

Grain Silos and Storage System Market to surpass USD 3.4 billion by 2030 from USD 1.2 billion in 2019 at a CAGR of 4.5% throughout the forecast period, i.e., 2020-30. Farmers in developing and developed regions are investing in the set-up of silos which help to facilitate the storage of grains and which can be stored for a longer period of time under appropriate conditions, irrespective of the external weather conditions, which are some of the factors driving the growth of the market. Farmers in developing and developed regions are investing in the set-up of silos, which helps to promote the storage of grains and can be stored for a longer period of time under suitable conditions, irrespective of the external weather conditions, which are some of the factors that drive market development.

Grain Silos and Storage System Market: Segments

Flat bottom silos segment to grow with the highest CAGR during 2020-30

Grain Silos and Storage System Market is segmented by type into hopper silos, flat bottom silos, grain bins, and other silos type. Grain bins-based Grain Silos and Storage System, led the market in 2019, accounting for XX.X% of market share. The grain bins are built as vented, silver, and corrugated steel-structured containers provided in different heights that have a greater diameter than silos. These types of grain containers are typically used to store dry maize and soybeans that meet the domestic or export requirements for feed, food and fuel use. The segment of flat bottom silos will propel this market at a fast growth rate. These kinds of silos have low storage costs and are simple to build. They are highly favoured for the long-term storage choice of grains. The category of grain bins will also illustrate growth opportunities in the industry. Due to the leader's stronghold in the market, their use dominates the industry.

Maize segment to grow with the highest CAGR during 2020-30

Grain Silos and Storage System Market is segmented by commodity type as rice, maize, sunflower, wheat, and soybean among others. The maize segment held the largest share of the market accounting for XX.X% of the overall revenue in 2019. In various developed and developing countries, maize is an important crop. It is used and refined into various food and industrial products, such as starch, sweeteners, maize oil, beverage & industrial alcohol, and fuel ethanol, as livestock feed. Corn, sorghum, barley, and oats are the main feed grains consumed in the US. In an upward trend, the Maize segment will increase as it is a flexible and adaptable crop. Their high importance and relevance placed them at high risk of harm in regions of the USA and India. The significant crop factors contribute to high demand in the market for silos and storage systems. As a result of the government initiative to create silos in different states and increase rice consumption globally, the rice segment would also increase rapidly.

Grain Silos and Storage System Market: Market Dynamics

Drivers

Increasing Demand for Large Capacity and Cost-Effective Grain Storage

Increasing demand for grain storage from the world's leading grain-producing countries, namely the United States, Russia, India, Brazil, and others has driven the grain storage silos market. In addition, increasing input costs and the need for heavy investment in grain storage have led to an increase in demand for silos in all regions. Thanks to the automation of grain transport, silos are cost-effective grain storage types, resulting in low operational costs in the long run. The benefits of cost-effectiveness and the large holding capacity of silos are driving the global demand for grain storage silos. In developing regions, their use is higher, as farmers in these regions cultivate large-scale agricultural land and store large quantities of crops for a longer period of time. Moreover, due to the increased prevalence of farmers who are able to invest in set-up silos, the growth of the region's demand is high.

Restrain

High initial investments

Smallholder farmers in all regions of the world form the bulk of the increasing population. In order to generate high yields, they are devoid of suitable resources and facilities. The value of effective storage and maintenance of high-quality grains produced is increasingly unknown to these farmers. In order to be able to create silos for storage, small-scale farmers live in rural areas and have minimal land resources. For a small farmer, such investments are possible. Therefore, they also stick to conventional grain storage practices, resulting in a loss of at least 8%-10% of their produce.

Grain Silos and Storage System Market: Key Players

Rostfrei Steels

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.

Titan (FB Industries Inc.)

Superior Silo LLC

Silos Cordoba

Sioux Steel Company

Hanson Silo Company

Nelson

Symaga

P+W Metallbau GmbH & Co. KG

Ahrens Agri

Grain Silos and Storage System Market: Regions

Grain Silos and Storage System Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Grain Silos and Storage System Market in Asia Pacific held the largest market share of XX.X% in the year 2019. The demand for grain silos & storage systems in Asia Pacific is projected to rise at the highest CAGR. With the presence of densely populated countries such as China and India, one of the main markets for grain silos and storage systems is expected to be the Asia Pacific region. The growing population and increasing income levels of the area are factors that are expected to drive demand for food and agricultural commodities in the coming years. On the other hand, because of urbanization, the area has limited arable land, insufficient water, low farm yields, and increased soil degradation conditions. China and India are ranked first and second at the global level in terms of rice and wheat production.

Competitive Landscape:

Grain Silos and Storage System market, which is highly competitive, consists of several major players such as AGCO Corporation (US), AGI (Canada), Silos Córdoba (Spain), PRADO SILOS (Spain), Symaga (Spain), SIMEZA (Spain), Bentall Rowlands Silo Storage Ltd (UK), Mysilo (Turkey), Sukup Manufacturing Co. (US) hold a substantial market share in the Grain Silos and Storage System market. Other players analyzed in this report are MICHAL (Poland), Privé SA (France), Dehsetiler Makina (Turkey), MULMIX SpA Unipersonale (Italy), Polnet Sp. z o.o. (Poland), Brock Grain Systems (US), Behlen Mfg. Co. (US), SCAFCO Grain Systems Co. (US), Sioux Steel Company (US), Superior Grain Equipment (US), and Hoffmann, Inc. (US) among others.

The market competition has been stepped up by the availability of many players offering Grain Silos and Storage System. For Instance, In May 2020, Symaga installed a storage facility consisting of 12 silos for Enselco Agro, a Kernel Group company in Ukraine. The plant has a total capacity of 306,000 m3.

Grain Silos and Storage System Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Grain Silos and Storage System Market report also contains analysis on:

Grain Silos and Storage System Market Segments:

By Type:

Flat bottom silos

Hopper silos

Grains bins

Other

By commodity type:

Ruminant

Poultry

Swine

Aquaculture

Pets

Horses

Others

Grain Silos and Storage System Market Dynamics

Grain Silos and Storage System Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Grain Silos and Storage System Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and 2030

Who are the key players in the Grain Silos and Storage System Market

What could be the challenging factors in the growth of Grain Silos and Storage System Market

What are the growth drivers for the Grain Silos and Storage System Market

Contents

1. Executive Summary

2. Grain Silos and Storage System Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Grain Silos and Storage System Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Grain Silos and Storage System Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Grain Silos and Storage System: Market Segmentation

12.1. By Regions

12.1.1. North America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Europe:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Asia-Pacific:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. MEA:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Latin America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Type: Market Share (2020-2030F)

12.2.1. Flat bottom silos, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Hopper silos, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Grains bins, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3 By Commodity type: Market Share (2020-2030F)

12.3.1. Rice, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Maize, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Wheat, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Soybean, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.5. Sunflower, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13. Company Profile

13.1.1. Rostfrei Steels.

13.1.2. Company Overview

13.1.3. Company Total Revenue (Financials)

13.1.4. Market Potential

13.1.5. Global Presence

13.1.6. Key Performance Indicators

13.1.7. SWOT Analysis

13.1.8. Product Launch

13.2. Titan (FB Industries Inc.)

13.3. Superior Silo LLC

13.4. Silos Cordoba

13.5. Sioux Steel Company

13.6. Hanson Silo Company

13.7. Nelson

13.8. Symaga

13.9. P+W Metallbau GmbH & Co. KG

13.10. Ahrens Agri

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)