The global demand for Formwork Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Formwork refers to the process of creating a temporary mold in which concrete is kept and formed.Earlier the formwork was constructed using timber, but now, there are various other alternatives available in the market such as aluminum, steel, plastic, and other materials. The formwork selection depends on the type of concrete and temperature of the pour as they affect the pressure exerted.Plywood and timber are essential raw materials used in manufacturing formworks. Formwork helps to shape concrete structures better and carry the substantial load created from production plants and workers. It is detached after the concrete has got enough strength.
The rapidly expanding residential and commercial construction sector due to new construction activities and renovation of old sites across the globe is a major driver driving the formwork market. The ever increasing demand for residential spaces due to the growing population will show potential growth opportunities for the market globally over the forecast period. In addition to that, the growing adoption of simple and reusable molds is also positively impacting the market growth. Moreover, the growing urbanization is expected to generate demand for formwork which in turn is boosting the growth of the overall formwork market globally.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of formwork.
The entire formwork market has been sub-categorized into type, application and sales channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Timber Formwork
- Steel Formwork
- Aluminum Formwork
By Sales Channel
- Timer & Plywood
- Direct Sales
- Distribution Sales
This section covers regional segmentation which accentuates on current and future demand for formwork market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Formwork Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the formwork market include Acrowmisr, ULMA, BEIS, PERI, Acrow, NOE, Alsina, RMD Kwikform, Doka. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.