The upstream of its industrial chain is mainly made of aluminum and steel.
The downstream is widely used in the bending processing of aerospace, automobile, locomotive, motorcycle, ship, petrochemical, electric power, natural gas, nuclear industry, boiler, vehicle, fitness equipment, air conditioning and refrigeration, sporting goods and other pipe fittings.
In 2020, the global CNC pipe bender market revenue increased from US$376 million in 2016 to US$412 million.
China's CNC pipe bender market revenue increased from US$376 million in 2016 to US$109 million, accounting for 26.41% of the world's share from 23.11% in 2016.
The global CNC pipe bender market is highly concentrated, with TOP10 companies accounting for 47% of the market share. The global market is subdivided into the following regions:
North America (United States, Canada, Mexico);
Europe (Germany, UK, France, Italy, Scandinavia, Spain, Belgium, Poland, Russia, Turkey);
Asia Pacific (China, Japan, Australia and New Zealand, India, ASEAN, Korea);
Latin America, Middle East and Africa (GCC countries, Brazil, Nigeria, South Africa, Argentina).
