Grain Silos and Storage System Market - Global Forecast to 2025

1. MarketsandMarkets Presents Grain Silos and Storage System Market by Silo Type (Flat Bottom Silo, Hopper Silo, Grain Bins, and Other Silo Types), Commodity Type (Rice, Wheat, Maize, Soybean, Sunflower, and Other Commodity Types), Region - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/grain-silos-storage-system-market-69287165.html

2. Introduction The report "Grain Silos and Storage System Market by Silo Type (Flat bottom silo, Hopper silo, Grain bins, and Other silo types), Commodity Type (Rice, Wheat, Maize, Soybean, Sunflower, and Other commodity types), & Region – Global Forecast to 2025", The global grain silos & storage system market size is estimated to be valued at USD 1.3 billion in 2020 and is expected to reach a value of USD 1.6 billion by 2025, growing at a CAGR of 4.8% during the forecast period.  Download PDF Brochure The growth of the grain silos and storage system market is driven by factors such as the increase in production of high-quality grains through effective storing, and efficient post-harvest management of grains to drive the market growth.

4. Key Players AGCO Corporation(US) AGI (Canada) Silos Córdoba (Spain) PRADO SILOS (Spain) Symaga (Spain). Speak To Analyst These companies have their manufacturing and service facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses up to some extent. Though this pandemic situation has impacted their businesses, there is no significant impact on the global operations and supply chain of their grain silos and storage system. Multiple manufacturing facilities of players are still in operation.

5. Market Dynamics A majority of the countries, including the US, Canada, Mexica, China, India, Germany, and the UK, which significantly export agricultural produce in the international markets, are focusing on maintaining the quality of their grains for a longer period of time. Their use is higher in the developed regions, as the farmers in these regions cultivate large-scale farmlands and store high quantities of crops for a longer period of time. Make an Inquiry In addition, due to the increased prevalence of farmers that can invest in set-up silos, the growth of the market is high in the region. The European region consists of many strong grain silo manufacturers. The key players in the silos market, such as Rostfrei Steels, Silos Cordoba, PRADO Silos, and Symaga, are now focusing on developing silos that meet the needs of farmers in different geographies.

6. Opportunity The application of grain silos to store grains instead of warehouses provides various advantages, particularly in terms of using the land space. The silos can be manufactured to fit the available land area and are available in both vertical and horizontal structures to fit the needs of farmers. It is easier to maintain the optimum storage conditions for grains by controlling the temperature, which, if not done appropriately in long-term storage facilities, can result in economic losses. Request Sample Pages They are increasingly equipped with mechanics that help in carrying out post-harvest processes in farms, such as threshing, cleaning, and disinfecting. With proper maintenance, the grains stored inside silos can be stored for decades. Silos also enable the user to store different grains separately in order to preserve each of them optimally.

7. Challenge Sealed silos are loaded with harmful gases, such as carbon dioxide and nitrogen, which are generally incorporated for the purpose of controlling pest infestations or the maintenance and regulation of temperature conditions. Further, operators of silos generally face respiratory health hazards due to grain dust, which causes dust-induced breathing issues. Silos help the US meet the global demand for food, feed, and ethanol-based fuel. https://www.marketsandmarkets.com/PressReleases/grain-silos-storage-system.asp However, the increase in silo-based accidents and risks in various countries leads to significant challenges for the growth of the market. The need to climb silos to get inside, check levels, or close and seal lids poses risks of falling and serious injuries. The entry into silos poses risks of suffocation due to the lack of oxygen or exposure to noxious gases, explosive gasses, and dust and fumigants such as phosphine gas.

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