Press release
The Global Concrete Formwork Market, valued at USD 9.9 billion in 2022, is projected to grow at a CAGR of 2.3% and reach USD 11.5 billion by 2029. The market is driven by the rise in population, urbanization, and increased construction activities worldwid
Concrete Formwork Market
The concrete formwork market report aims to provide a comprehensive analysis of the industry, including market size, growth potential, key trends, and competitive landscape. The scope of the report encompasses various types of formwork systems used in concrete construction, such as timber formwork, steel formwork, and aluminum formwork, among others. It covers both residential and non-residential construction sectors, including infrastructure projects like bridges, tunnels, and highways.
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The research methodology employed for this report involves a combination of primary and secondary research. Primary research includes interviews and discussions with industry experts, manufacturers, suppliers, and distributors, to gather insights into market dynamics, demand patterns, and technological advancements. Secondary research involves extensive analysis of relevant literature, industry reports, company websites, and financial reports to validate and supplement the primary findings.
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What are Concrete Formwork Market Dynamics:
The concrete formwork market dynamics are influenced by various factors that drive its growth, pose challenges, and create opportunities. One of the primary drivers is the booming construction industry, particularly in emerging economies, where infrastructure development and urbanization are rapidly increasing. The need for efficient and cost-effective formwork systems to facilitate concrete construction in various applications, such as residential, commercial, and industrial sectors, fuels market demand.
Additionally, the increasing adoption of advanced formwork technologies, including modular systems and prefabricated formwork, is propelling market growth. These systems offer advantages such as faster installation, improved efficiency, and reduced labor requirements, thereby boosting productivity and reducing overall construction time.
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Moreover, stringent regulations and building codes regarding construction safety and sustainability are driving the demand for formwork systems that comply with these standards. This has led to the development of eco-friendly formwork materials, such as recycled plastic or composite materials, which offer durability, lightweight properties, and ease of handling.
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Concrete Formwork Market Market Regional Insights:
The North American region, particularly the United States and Canada, has a well-established construction industry, driving the demand for concrete formwork.
Large-scale infrastructure projects, such as highways, bridges, and commercial buildings, contribute to the market growth.
Technological advancements and the adoption of advanced formwork systems are observed in this region.
Europe has a mature construction sector and is a significant market for concrete formwork.
Countries like Germany, the United Kingdom, France, and Italy have substantial construction activities and infrastructure development.
Sustainable and eco-friendly formwork solutions are gaining popularity in this region.
What is Concrete Formwork Market Segmentation:
by Type
• Traditional timber formwork
• Engineered formwork systems
• Reusable plastic formwork
• Stay-in-place formwork
• Permanent insulated formwork
• Others
by Material
• Timber and plywood
• Steel
• Aluminium
• Others
by Application
• Residential construction
• Commercial construction
• Industrial construction
• Infrastructure construction
• Others
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Who are Concrete Formwork Market Key Players:
North America:
• Doka USA
• PERI Formwork Systems Inc.
• Wall-Ties & Forms, Inc.
• Symons by Dayton Superior
• Gates Rental Services
Europe:
• Doka GmbH
• PERI Group
• RMD Kwikform
• MEVA Schalungs-Systeme GmbH
• Hünnebeck
Asia-Pacific:
• Ulma Formwork Systems India Pvt. Ltd.
• Paschal-Indonesia
• MFE Formwork Technology Sdn Bhd
• Tianjin Zhanli Industry & Trade Co., Ltd.
• TMS Formwork and Scaffolding Systems Pvt. Ltd.
Middle East and Africa:
• Paschal-Enshaa Emirates Formwork LLC
• Ischebeck Titan Middle East LLC
• Noe Middle East FZE
• RMD Kwikform Middle East LLC
• Peri LLC
Latin America:
• Faresin Formwork Brazil
• Cimbramentos de Peru
• Ulma Cipsa
• Paschal Americas
• Mecal Peru S.A.
Table of content for the Concrete Formwork Market includes:
1. Global Concrete Formwork Market: Research Methodology
1. Global Concrete Formwork Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Concrete Formwork Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Concrete Formwork Market Market Segmentation
• Global Market, by Type (2022-2029)
• Global Market, by Material (2022-2029)
• Global Market, by Application (2022-2029)
5. Regional Concrete Formwork Market Market (2021-2029)
• Regional Market, by Type (2022-2029)
• Regional Market, by Material(2022-2029)
• Regional Market, by Application (2022-2029)
• Regional Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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