Market Research News Cut and Bend Market Forecast by 2027 | Page 2

on the site of construction and enhances the efficiency. The cut & bend are
prepared from specified machinery which ensures zero wastage in the form
of scrap and with high precision. Furthermore, in several developed
countries, the working of rebar is strictly mandated offsite, since onsite
manufacturing is considered as unsafe for the employees. The offsite
manufacturing of rebar is majorly preferred by manufacturers.
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Furthermore, cut & bend also assists in managing the inventory, saving the
manufacturing costs with wastage and labor. Moreover, no misplacement of
materials, easy procurement, freedom of designing complex pillars, ceilings
and columns, and lower working capital in maintaining the inventory further
boosts the demand for cut & bend in the market over the forecast period.
However, the presence of local and regional players in the industry and
instability in the construction industry is expected to hamper the market
growth in coming years.
North America region are projected to hold major share in the cut & bend
equipment market. Also, Asia Pacific region is expected to witness the
highest growth in cut & bend equipment market over the forecast period. The
growth is attributed to the rising infrastructure development activities and
increasing construction of high rise buildings in the emerging economies.
Furthermore, increasing government initiatives for the development in the
construction sector is further projected to influence the market positively in
the region.
This report also provides the existing competitive scenario of some of the
key players of cut and bend equipment market which includes Eurobend S.A,
KRB Machinery, M.E.P. Macchine Elettroniche Piegatrici S.p.A, Progress
Holding AG, Progress Investment Management, Schnell Spa, SweBend,
TabukSteel, TJK Machinery (Tianjin) and other prominent players. The
profiling enfolds key information of the companies which encompasses
business overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the cut
and bend equipment that will help industry consultants, equipment