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Silo Bags Market Comprehensive Analysis 2019-2026: RKW Group, Panama Petrochem Ltd, RPC Group Plc, GrainPro, Inc., Plastar S.A, Canadian Tarpaulin Manufacturers LTD

Silo Bags Market

Silo Bags Market

The Global Silo Bags Market report is a synopsis about how is the market status right now and how will it be in the forecast years for Materials & Packaging industry. The report gives details about the top players and brands that are driving the market. Also, Silo Bags Market report gives an in-depth knowledge on what the recent developments, products launches are, while also keeping the track for recent acquisitions, mergers, joint ventures and competitive research in the global market industry. The report also provides the knowledge of all the drivers and restraints which are derived through SWOT analysis. It is a professional and detailed report that highlights primary and secondary drivers, market share, leading segments and geographical analysis.

Global Silo Bags Market By Capacity (Up to 200 MT, Above 200 MT), Length Type (60 Meter, 75 Meter, 90 Meter), Material Type (Polyethylene (PE), Polypropylene (PP)), Application (Grain Storage, Forages Storage, Fertilizers Storage, Dried Fruits Storage, Wood Chips, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Global silo bags market is expected to register a substantial CAGR of 6.7% in the forecast period of 2019-2026.This rise in market value can be attributed to replacement of conventional materials by silo bags.

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Few of the major competitors currently working in global silo bags market are RKW Group, Panama Petrochem Ltd, RPC Group Plc, GrainPro, Inc., Plastar S.A, Canadian Tarpaulin Manufacturers LTD, Up North Plastics, Inc, Creta Plastics, IPESA,Instrumentación y Procesamiento Electrónico, GEM Silage Products, KSI Supply, Inc., Flex-Pack, Blue Lake Plastics, LLC, Richiger, Silobag Systems, Jianyuanchuan, Silo Bag India Private Limited, IG Industrial Plastics, The Context Network, LLC, and Sigma Stretch Film among others.

Market Definition: Global Silo Bags Market

Silo bags are a key technology used for storage purposes that reduces post-harvest losses. It also provides an economic alternative for farmers to gain control over marketing their stored grain between crop harvests. The bags are made of laminated plastic sheet of three layers of either polyethylene or polypropylene material. The bags are sealed and offer properties such as fungi, insect and quality control.

Market Drivers:

Increase in awareness about wastage of grains during cultivation is acting as a major driver for the market

Cost effectiveness of silo bags as compared to permanent steel bins effects the demand for these bags will propel the market growth

Maintains the grain moisture in storage while keeping the air tight environment which is boosting the growth of the market

Silo bags provide an easy means for on-farm segregation of products and commodities, which increases the demand for silo bags, hence fuelling the market growth

Market Restraints:

Silo bags provide only with the short term storage of grains and other products, which acts as a restraint for the market

Safety issues related with the storage in silo bags also hinder the market growth

The one time usage of a particular silo bag may hamper the growth of the market

Queries Resolved In This Report:

1. Which will be the specialties at which Global Silo Bags Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?

2. Which will be the foreseen development rates for your own Global Silo Bags Market economy out and out and furthermore for each portion inside?

3. Which will be the Global Silo Bags Market application and sorts and estimate joined intently by makers?

4. Which will be the dangers which will attack growth?

5. The length of the Global Silo Bags Market opportunity?

6. How Global Silo Bags Market share advance vacillations their value from various assembling brands?

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Segmentation: Global Silo Bags Market

By Capacity

Up to 200 MT
Above 200 MT

By Length Type

60 Meter
75 Meter
90 Meter

By Material Type

Polyethylene (PE)
Polypropylene (PP)

By Application

Grain Storage
Forages Storage
Fertilizers Storage
Dried Fruits Storage
Wood Chips
Others

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

Key Developments in the Market:

In May 2019, Berry Global signed an agreement for the acquisition of RPC Group, a plastic packaging company. The company got acquired for an amount of USD 4.08 billion. With this acquisition the company has expands its business

In April 2018, Canadian Tarpaulin Manufacturers Ltd., acquired a grain bag distribution company, S.M.A.R.T. Bag Distribution. The acquisition helped the company to add more silo bag products in its portfolio from the acquired company

Competitive Analysis:

Global silo bags market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of silo bags market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

About Data Bridge Market Research

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

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