Grain Storage Market Driven by Rising Demand, Focus on Galvanized Silos
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Increase in demand for grain storage drives market growth, with increased food production and greater population resulting in greater demand for storage like grain silos.
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Market segmented by Type (grain silos, ancillary equipment), Application (grain transportation, grain storage), and Geography (North America, Europe, APAC, etc).
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Growing focus on galvanized grain silos an emerging trend in the market.
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Fluctuations in raw material prices a key challenge for the market growth.
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North America accounted for 40% of market share in 2019, will continue to be largest revenue contributor.