Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Steel Silo Market by Type (Galvanized Steel Silo, Carbon Steel Silo), By Application (Chemcials, Food, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Steel Silo Market by Type (Galvanized Steel Silo, Carbon Steel Silo), By Application (Chemcials, Food, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138472 3300 Chemical & Material 377 231 Pages 5 (30)

Market Overview:

The global steel silo market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for steel silos from various end-use industries, such as chemicals, food, and others. In terms of type, the galvanized steel silo segment is projected to lead the global steel silo market during the forecast period. This can be attributed to its properties such as corrosion resistance and durability.

Global Steel Silo Industry Outlook

Product Definition:

A steel silo is a cylindrical structure, typically 20 to 30 feet in diameter and 40 to 60 feet high, used for storing grain or other bulk materials.

Galvanized Steel Silo:

Galvanized Steel Silo is a type of steel silo, made from galvanized sheet metal. It has advantages over the other types of silos such as it can withstand high pressure and temperature, thus increasing its life span. Galvanization also provides passive fire protection to the structure.

Advantages over Conventional ones: The main advantage that Galvanized Steel Silo offers is durability.

Carbon Steel Silo:

Carbon steel silo is a structure made of carbon steel. It’s used in the manufacturing of silos for storing different types of grains such as wheat, maize, barley and rice. The structure consists of two main parts namely body and cap which are joined together by hinges at the top to allow access to the stored goods during harvesting or loading.

Application Insights:

The other application segment includes construction, consumer goods, and electronics. The chemical segment dominated the overall industry in terms of revenue share in 2017. It is expected to retain its dominance over the forecast period as well owing to increasing demand for chemicals across various industries such as energy, automotive and transportation, healthcare among others.

Food was the second-largest application segment that accounted for a revenue share of 24.1% in 2017 on account of increasing use of steel silos in food processing plants including poultry farms.

Regional Analysis:

Asia Pacific dominated the global steel silo market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are projected to witness strong economic growth over the coming years on account of increasing foreign investments in various sectors such as construction, manufacturing and energy infrastructure.

The growing demand for industrial facilities coupled with rising foreign investments in chemical industries is likely to drive Asia Pacific's steel silo market at a significant pace during the forecast period. In addition, rapid urbanization along with stringent government regulations regarding waste management are anticipated to fuel product demand across numerous end-use industries such as food & beverage and other throughout this region over the next eight years.

Europe accounted for a major share of revenue owing to high consumption volumes generated by Germany alone (approximately 7 million tons).

Growth Factors:

  • Increasing demand for food due to population growth
  • Rising disposable income of consumers in developing countries
  • Technological advancements in the steel silo manufacturing process
  • Growing popularity of sustainable farming practices
  • Proliferation of agribusinesses

Scope Of The Report

Report Attributes

Report Details

Report Title

Steel Silo Market Research Report

By Type

Galvanized Steel Silo, Carbon Steel Silo

By Application

Chemcials, Food, Other

By Companies

Alvan Blanch, MYSILO, ABC Africa Group, Buschhoff, CHIEF, Tornum, Sukup, Agrosaw, Mulmix, Beccaria

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Steel Silo Market Report Segments:

The global Steel Silo market is segmented on the basis of:


Galvanized Steel Silo, Carbon Steel Silo

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.


Chemcials, Food, Other

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:

  1. Alvan Blanch
  3. ABC Africa Group
  4. Buschhoff
  5. CHIEF
  6. Tornum
  7. Sukup
  8. Agrosaw
  9. Mulmix
  10. Beccaria

Global Steel Silo Market Overview

Highlights of The Steel Silo Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Galvanized Steel Silo
    2. Carbon Steel Silo
  1. By Application:

    1. Chemcials
    2. Food
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Steel Silo 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
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  • Product & Brand Management
  • Channel & Customer Management
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Global Steel Silo Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

A steel silo is a large, cylindrical storage facility made of reinforced concrete and metal. The walls are typically six to twelve feet thick and the roof is often several stories high. Steel silos are used to store grains, oilseed, coal, or other bulk materials.

Some of the major companies in the steel silo market are Alvan Blanch, MYSILO, ABC Africa Group, Buschhoff, CHIEF, Tornum, Sukup, Agrosaw, Mulmix, Beccaria.

The steel silo market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Steel Silo Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Steel Silo Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Steel Silo Market - Supply Chain
   4.5. Global Steel Silo Market Forecast
      4.5.1. Steel Silo Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Steel Silo Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Steel Silo Market Absolute $ Opportunity

5. Global Steel Silo Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Steel Silo Market Size and Volume Forecast by Type
      5.3.1. Galvanized Steel Silo
      5.3.2. Carbon Steel Silo
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Steel Silo Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Steel Silo Market Size and Volume Forecast by Application
      6.3.1. Chemcials
      6.3.2. Food
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Steel Silo Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Steel Silo Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Steel Silo Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Steel Silo Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Steel Silo Demand Share Forecast, 2019-2029

9. North America Steel Silo Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Steel Silo Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Steel Silo Market Size and Volume Forecast by Application
      9.4.1. Chemcials
      9.4.2. Food
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Steel Silo Market Size and Volume Forecast by Type
      9.7.1. Galvanized Steel Silo
      9.7.2. Carbon Steel Silo
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Steel Silo Demand Share Forecast, 2019-2029

10. Latin America Steel Silo Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Steel Silo Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Steel Silo Market Size and Volume Forecast by Application
      10.4.1. Chemcials
      10.4.2. Food
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Steel Silo Market Size and Volume Forecast by Type
      10.7.1. Galvanized Steel Silo
      10.7.2. Carbon Steel Silo
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Steel Silo Demand Share Forecast, 2019-2029

11. Europe Steel Silo Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Steel Silo Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Steel Silo Market Size and Volume Forecast by Application
      11.4.1. Chemcials
      11.4.2. Food
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Steel Silo Market Size and Volume Forecast by Type
      11.7.1. Galvanized Steel Silo
      11.7.2. Carbon Steel Silo
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Steel Silo Demand Share, 2019-2029

12. Asia Pacific Steel Silo Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Steel Silo Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Steel Silo Market Size and Volume Forecast by Application
      12.4.1. Chemcials
      12.4.2. Food
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Steel Silo Market Size and Volume Forecast by Type
      12.7.1. Galvanized Steel Silo
      12.7.2. Carbon Steel Silo
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Steel Silo Demand Share, 2019-2029

13. Middle East & Africa Steel Silo Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Steel Silo Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Steel Silo Market Size and Volume Forecast by Application
      13.4.1. Chemcials
      13.4.2. Food
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Steel Silo Market Size and Volume Forecast by Type
      13.7.1. Galvanized Steel Silo
      13.7.2. Carbon Steel Silo
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Steel Silo Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Steel Silo Market: Market Share Analysis
   14.2. Steel Silo Distributors and Customers
   14.3. Steel Silo Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Alvan Blanch Overview Financials Developments Strategic Outlook
      14.4.2. MYSILO Overview Financials Developments Strategic Outlook
      14.4.3. ABC Africa Group Overview Financials Developments Strategic Outlook
      14.4.4. Buschhoff Overview Financials Developments Strategic Outlook
      14.4.5. CHIEF Overview Financials Developments Strategic Outlook
      14.4.6. Tornum Overview Financials Developments Strategic Outlook
      14.4.7. Sukup Overview Financials Developments Strategic Outlook
      14.4.8. Agrosaw Overview Financials Developments Strategic Outlook
      14.4.9. Mulmix Overview Financials Developments Strategic Outlook
      14.4.10. Beccaria Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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