Cut & Bend Equipment Market Expected to Reach US$ 1,603.5 Mn by 2027
According to a new market report published by Transparency Market Research titled Cut and Bend Equipment Market (Product Type: Mesh Cutting & Bending, Cutting & Shaping; (Stirrups, Bar Shaping), Straightening, and Others; Operation Mode: Semi-Automatic and Automatic; End-user: Construction/Engineering Contractors, Manufacturing, Steel, Wire/Mattress, Others)); – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2027, the global cut and bend equipment market was valued at US$ 1,038.5 Mn in 2017. It is expected to reach US$ 1,603.5 Mn in terms of revenue by 2027, expanding at a CAGR of 4.6% from 2018 to 2027.The market in Asia Pacific is likely to expand at a rapid growth rate during the forecast period, due to a rise in infrastructure and construction activities in emerging economies such as India and China. Cut & bend equipment is used for cutting and bending purposes. The global cut and bend equipment market is growing across the globe. Growi...