Press release
Edge Bending Machine Market Set for Rapid Growth by 2024
Edge bending processes varies in the approaches that are being used in order to plastically deform the substrate wherein which the size, work piece material, and thickness play an important role. The use of bending provides strength, eliminates the sharp edges, and stiffness is provided to the plate or sheet. Additionally, with the help of a thin strip of PVC or other resinous material the raw edges of the substrate are covered.
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Global Edge Bending Machine Market: Segmentation
The global market for edge bending machine is globally fragmented into material type, flanged type, product type, and end-use industry. On the basis of material type, the global market is segregated into polyvinyl chloride, melamine, acrylic, acrylonitrile-butadiene-styrene, wood veneer, and others. On the basis of product type, the market is categorized into non-portable and portable. On the basis of flanges type, the market is divided into the stretch flange, straight flange, and shrink flange. On the basis of end use, the market is bifurcated into the healthcare industry, electronic and electrical industry, automotive industry, packaging industry, furniture industry, and others.
Global Edge Bending Machine Market: Growth Factors
The primary factors that are fuelling the edge bending machine market are advancements in the manufacturing technology, the rise in the demand for the luxury furniture, increasing industrial activities, and growing requirement for the automatic industrial machine in order to minimize the waste and improve the productivity. The prominent advanced features that are driving the edge bending machine market are maximum versatility, possibility to equip with brushing as well as scraping units, equipment accuracy, and simplicity, and compatibility to use in all the working conditions. However, the availability of the alternatives such as face frames and molding may hamper the growth of the market during the future years.
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Global Edge Bending Machine Market: Regional Analysis
Regional diversification of the edge bending machine market is given as follows Latin America, the Middle East & Africa, Western Europe, Eastern Europe, North America, and Asia Pacific. The region that is leading the edge bending machine market is Asia Pacific and is expected that this region will continue to dominate the market in the coming years too. Asia Pacific is followed by Europe. Factors that contribute to this market growth are the presence of skilled labor, recognized research and development infrastructure, advanced technology, and the presence of prominent market players in these regions. Asia Pacific market is growing due to the presence of the potential customers and the increasing demand for the wood products.
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Global Edge Bending Machine Market: Competitive Players
The key market players that are involved in the edge bending machine market include SIMCO Industrial Machinery Trd. Co. Ltd., Edge Finisher Co., Gelber-Bieger GmbH., Intimate Machine Tools Company, Shree Umiya F-Tech Machines Ltd., Kreutz & Mock GmbH., SCM Group, NTF Korfhage Maschinenbau GmbH., Yadav Tools Company, Adamik Company, Felder Woodworking Machines Private Limited, Shandong Hicas Machinery (Group) Co., Ltd., and others.
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