Market Overview:
The global silos market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food and rising population across the globe. In addition, the growing industrial sector is also contributing to the growth of this market. The reinforced concrete silos segment is expected to dominate the global silos market during the forecast period owing to its high durability and resistance against adverse weather conditions. The steel silos segment is projected to grow at a highest CAGR during 2018-2030 due its light weight and easy installation process as compared with other types of silos available in the market.
Product Definition:
A silo is a structure for storing bulk materials. Silos are used in agriculture to store grain and other crops, and in industry to store raw materials and finished products. The importance of silos lies in the fact that they allow for the storage of large quantities of material, which can then be used as needed.
Reinforced Concrete Silos:
Reinforced concrete silos are used in the agriculture industry for storing agricultural products such as fertilizers, pesticides and other farm equipment. The reinforced concrete silo is manufactured using various components including base, cylinder head, wall sections and rebar. The material used to manufacture these products is available at low cost which makes it affordable for small farmers across the globe.
The global reinforced concrete silos market size was valued at USD 817 million in 2015.
Steel Silos:
Steel silos are large storage containers made of steel. They are used to store grains, seeds, and other agricultural products. The structure consists of a series of tubes connected by walls at the bottom and top which act as a chamber for storing goods.
Application Insights:
The global silos market has been segmented on the basis of application into agriculture, industrial and others. The industrial application segment dominated the overall industry in terms of revenue share at over 40% in 2017. This high share is attributable to factors such as growing demand for agricultural products from emerging economies coupled with an increase in investments for developing new facilities across the globe.
The agriculture sector was one of the major sectors that suffered due to volatility in commodity prices and fluctuating weather patterns across various regions globally. However, governments have taken initiatives such as providing subsidies and price supports which have stabilized farm incomes leading to increased investments for developing new facilities or expanding existing ones thereby fueling growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in agriculture production, which is driving demand for silos across various countries such as China, India, Indonesia and Vietnam. In addition, rising industrial activities coupled with increasing foreign investments are likely to propel regional product demand over the next eight years.
The industry in Europe was valued at USD X million in 2017 owing to presence of prominent manufacturers including Stora Enso Oyj; Sandvik AB; Skanska Ltd.; Hochtief AG & Co.; Ramboll Group A/S; and others operating within the region. However, high level of unemployment along with economic uncertainty may hinder growth during the forecast period from 2018 to 2030 (please see box titled Economic Uncertainty below).
Growth Factors:
- Increasing demand from the food and beverage industry for efficient storage and handling of grains, flour, and other food items.
- Rising demand for Silos in the agricultural sector to store grains and other crops.
- Growing popularity of Silos among small-scale farmers due to their low cost and easy installation.
- Increasing use of Silos in construction projects as a means of storing sand, gravel, cement, and other building materials.
- Technological advancements that have led to the development of new types of Silos with enhanced features such as moisture sensors and automatic discharge systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Silos Market Research Report
By Type
Reinforced Concrete Silos, Steel Silos, Brick & Concrete Silos, Wood Silos
By Application
Agriculture, Industrial
By Companies
Acterra, Superior Grain Equipment, Bentall Rowlands, Silos Córdoba, Sioux Steel, TSC, SCUTTI SRL, CST Industries, Symaga, Kotzur
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Silos Market Report Segments:
The global Silos market is segmented on the basis of:
Types
Reinforced Concrete Silos, Steel Silos, Brick & Concrete Silos, Wood Silos
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acterra
- Superior Grain Equipment
- Bentall Rowlands
- Silos Córdoba
- Sioux Steel
- TSC
- SCUTTI SRL
- CST Industries
- Symaga
- Kotzur
Highlights of The Silos Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reinforced Concrete Silos
- Steel Silos
- Brick & Concrete Silos
- Wood Silos
- By Application:
- Agriculture
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silos Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A silo is a structure that is used to store grain, flour, or other agricultural products.
Some of the major players in the silos market are Acterra, Superior Grain Equipment, Bentall Rowlands, Silos C³rdoba, Sioux Steel, TSC, SCUTTI SRL, CST Industries, Symaga, Kotzur.
The silos market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silos Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Silos Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silos Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Silos Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Silos Market Size & Forecast, 2018-2028
4.5.1 Silos Market Size and Y-o-Y Growth
4.5.2 Silos Market Absolute $ Opportunity
Chapter 5 Global Silos Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Silos Market Size Forecast by Type
5.2.1 Reinforced Concrete Silos
5.2.2 Steel Silos
5.2.3 Brick & Concrete Silos
5.2.4 Wood Silos
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Silos Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Silos Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silos Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Silos Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Silos Analysis and Forecast
9.1 Introduction
9.2 North America Silos Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Silos Market Size Forecast by Type
9.6.1 Reinforced Concrete Silos
9.6.2 Steel Silos
9.6.3 Brick & Concrete Silos
9.6.4 Wood Silos
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Silos Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Silos Analysis and Forecast
10.1 Introduction
10.2 Europe Silos Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Silos Market Size Forecast by Type
10.6.1 Reinforced Concrete Silos
10.6.2 Steel Silos
10.6.3 Brick & Concrete Silos
10.6.4 Wood Silos
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Silos Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Silos Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Silos Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Silos Market Size Forecast by Type
11.6.1 Reinforced Concrete Silos
11.6.2 Steel Silos
11.6.3 Brick & Concrete Silos
11.6.4 Wood Silos
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Silos Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Silos Analysis and Forecast
12.1 Introduction
12.2 Latin America Silos Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Silos Market Size Forecast by Type
12.6.1 Reinforced Concrete Silos
12.6.2 Steel Silos
12.6.3 Brick & Concrete Silos
12.6.4 Wood Silos
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Silos Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Silos Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Silos Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Silos Market Size Forecast by Type
13.6.1 Reinforced Concrete Silos
13.6.2 Steel Silos
13.6.3 Brick & Concrete Silos
13.6.4 Wood Silos
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Silos Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Silos Market: Competitive Dashboard
14.2 Global Silos Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acterra
14.3.2 Superior Grain Equipment
14.3.3 Bentall Rowlands
14.3.4 Silos Córdoba
14.3.5 Sioux Steel
14.3.6 TSC
14.3.7 SCUTTI SRL
14.3.8 CST Industries
14.3.9 Symaga
14.3.10 Kotzur
