Acumen Research and Consulting Rebar Processing Equipment Market is Anticipated t | Page 4
the growth in demand for steel products in infrastructure and the
real estate sector.
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As far as the region is concerned, Asia Pacific and North America
were the leading player in rebar processing equipment in 2018.
Half the world market share is in the USA, China and India. It is
estimated that in the forecast period, the market for rebar
processing equipment in emerging economies will increase
considerably. The demand for rebar treatment is estimated to
increase in the Middle East & Africa, as it is broadly used for
bending and bar cutting due to building industry growth. With the
growth in the global construction industry, demand for rebar
processing equipment is expected to increase in the near future.
Key Players & Strategies
The presence of many local and regional companies influences the
rebar processing equipment market. Jaypee Group, Schnelly Spa,
Ltd., EV GmbH, KRB Machinery, Henan Kensetsu Kohki Co.,
EuroBend, Henan SINCH Machinery Co., Ltd, TJK Machinery
(Tianjin) Co. and Everest Equipment Private Limited are major
providers operating on the global rebar processing gear market.
The presence of large numbers of local and regional players
estimated that these players are facing harsh competition. Key
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