According to Cognitive Market Research, The Global Rotary Shearing Machines market size will grow at a compound annual growth rate (CAGR) of 5.60% from 2023 to 2030.
The demand for rotary shearing machines marketis rising due to the increasing demand for end products in industries such as automotive, pharmaceuticals, food & beverages, paint & oil, personal & health care, and textile has resulted in substantial growth for rotary shearing machines.
Demand for high carbon remains higher in the rotary shearing machines market.
The metal industry category held the highest rotary shearing machines market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific rotary shearing machines market will experience the strongest growth until 2030.
