Market Research News Cut and Bend Market Forecast by 2027

Global Cut and Bend Market to be Propelled by Rising Infrastructure and Construction Activities by 2027 According to a recently published report by Research Nester on “Cut and Bend Equipment Market: Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of cut and bend equipment market in terms of market segmentation by product type, by operation, by end user and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model. The cut and bend market is segmented by product type into mesh cutting and bending, cutting and shaping, straightening; by operation mode into semi- automatic and automatic; by end user into construction/engineering contractors, manufacturing, steel, and wire/mattress. The cut and bend market is anticipated to record a CAGR of around 9.26% during the forecast period i.e. 2019-2027. Increasing infrastructure and construction activities Cut & bend equipment has several applications in the construction sector based on their different sizes, shapes and quantities. Increasing construction and infrastructure activities in the emerging economies such as India and China is projected to influence the market growth positively over the forecast period. The construction sector utilizes automated machines for cutting the bars used in the building and has less demand for bending and de-coiling straightening machines. Furthermore, growing government initiatives and rising awareness about better infrastructure is projected to boost the steel and construction industry which in turn will positively influence the cut & bend equipment market over the forecast period. High precision and reduced waste Cut & bend adds value to the fabrication and optimization of rebar in construction environment. These rebar are cut & bend in various shapes depending on the structural design and are available in different shapes and sizes. These are prepared in factories offsite which further reduce the waste