Formwork System Market, By Offering (Solution and Services), By Type (Timber Formwork, Steel Formwork, Aluminum Formwork, Others), By Applications (Buildings, Transportation, Industrial Facilities, Others), By Geography (North America, Latin America, Euro
Formwork System Market, By Offering (Solution and Services), By Type (Timber Formwork, Steel Formwork, Aluminum Formwork, Others), By Applications (Buildings, Transportation, Industrial Facilities, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Global formwork system market growth is driven by growing construction industry worldwide. Formwork systems are temporary or reusable moulds that are used to shape wet concrete for walls, floors, foundations, and other structural elements during construction projects. These systems facilitate faster and more economical construction by enabling quick and repetitive casting of concrete structures. Moreover, modern advanced formwork systems provide high quality concrete finishing and help reduce construction time substantially. Growing demand for infrastructure development along with increasing investments in commercial and industrial construction projects can boost demand for formwork systems in the near future. However, availability of substitute technologies and volatility in raw material prices can hamper the market growth.
Market Dynamics:
Global formwork system market growth is primarily driven by rapid infrastructure development activities and growth of construction industry globally. Rising urbanization has increased spending on transport infrastructure such as roads, bridges, rail networks, and others, which has boosted demand for formwork systems. Furthermore, growing investments in non-residential construction sectors including commercial, industrial and institutional buildings can also drive the market growth. Various economic and regulatory incentives provided by governments worldwide to promote infrastructure projects also drives the market growth. However, availability of alternative technologies such as slipforming technique which does not require formwork erection can hamper the market growth. Volatility in prices of raw materials including steel and wood can also hamper the market growth. Ongoing research & development to develop advanced formwork solutions with features such as reusability, easy assembly/disassembly, faster construction, and others can offer lucrative opportunities for market players in the near future.
Key features of the study:
This report provides in-depth analysis of the global formwork system market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global formwork system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Acrow, Acrowmisr, Alsina, BEIS, Condor, Doka GmbH, Hankon, Intek, MEVA, NOE, PASCHAL, PERI, Pilosio, RMD Kwikform, Urtim.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global formwork system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global formwork system market.
Detailed Segmentation:
By Offering
Solution
Services
By Type
Timber Formwork
Steel Formwork
Aluminum Formwork
Others
By Applications
Buildings
Transportation
Industrial Facilities
Others
By Regional
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players Insights
Acrow
Acrowmisr
Alsina
BEIS
Condor
Doka GmbH
Hankon
Intek
MEVA
NOE
PASCHAL
PERI
Pilosio
RMD Kwikform
Urtim
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Offering
Market Snippet, By Type
Market Snippet, By Applications
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Formwork System Market, By Offering, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Solution
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Services
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
5. Global Formwork System Market, By Type, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Timber Formwork
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Steel Formwork
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Aluminum Formwork
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Others
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
6. Global Formwork System Market, By Applications, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Buildings
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Transportation
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Industrial Facilities
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
Others
Introduction
Market Size and Forecast, 2019–2031, (US$ Mn)
7. Global Formwork System Market, By Region, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
North America
Regional Trends
Market Size and Forecast, By Offering, 2019–2031, (US$ Mn)
Market Size and Forecast, By Type, 2019–2031, (US$ Mn)
Market Size and Forecast, By Applications, 2019–2031, (US$ Mn)
Market Size and Forecast, By Country, 2019–2031, (US$ Mn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Offering, 2019–2031, (US$ Mn)
Market Size and Forecast, By Type, 2019–2031, (US$ Mn)
Market Size and Forecast, By Applications, 2019–2031, (US$ Mn)
Market Size and Forecast, By Country, 2019–2031, (US$ Mn)
U.K.
Germany
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Offering, 2019–2031, (US$ Mn)
Market Size and Forecast, By Type, 2019–2031, (US$ Mn)
Market Size and Forecast, By Applications, 2019–2031, (US$ Mn)
Market Size and Forecast, By Country, 2019–2031, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Offering, 2019–2031, (US$ Mn)
Market Size and Forecast, By Type, 2019–2031, (US$ Mn)
Market Size and Forecast, By Applications, 2019–2031, (US$ Mn)
Market Size and Forecast, By Country, 2019–2031, (US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Offering, 2019–2031, (US$ Mn)
Market Size and Forecast, By Type, 2019–2031, (US$ Mn)
Market Size and Forecast, By Applications, 2019–2031, (US$ Mn)
Market Size and Forecast, By Country, 2019–2031, (US$ Mn)
South Africa
GCC Countries
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
Acrow
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Acrowmisr
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Alsina
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
BEIS
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Condor
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Doka GmbH
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hankon
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Intek
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
MEVA
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
NOE
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
PASCHAL
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
PERI
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Pilosio
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
RMD Kwikform
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Urtim
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact
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