Timber and Plywood segment are anticipated to dominate the Formwork Market over the forecast period and will account for the largest market share. For improving the quality of finished concrete timber and plywood materials are being increasingly used in the concrete formwork. Furthermore, due to its smooth finishing characteristics, it reduces the expenditure required for concrete finishing. However, aluminum is also anticipated to grow at significant growth owing to its lightweight and low density.Formwork Market, By Application
Based on Application, the market is bifurcated into Buildings, Transportation, and Industrial Facilities. The building segment accounts for the largest market share. The dominance of the buildings segment can be attributed to the increase in expenditure on infrastructural development by the government in the residential as well as commercial sectors. Formwork is mainly used in the holding and construction industry.
Formwork Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on Geography, The Global Formwork Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The European region has acquired the largest market share and is anticipated to grow at the fastest rate. The growth can be contributed to the increasing infrastructure development and rise in housing sector investment. China is majorly contributing to foreign investments owing to increasing housing construction projects.
Key Players
The “Global Formwork Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are PERI GmbH, WACO, Wall Ties & Forms Inc., MFE Formwork Technology Sdn. Bhd., PASCHAL Group ACROW, Faresin, Interfama Srl, NOE Formwork, STRABAG SE, and Mascon Formwork Systems Pvt. Ltd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into Active, Cutting Edge, Emerging, and Innovators categories.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Formwork Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Formwork Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
Report Attributes | Details |
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Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2021-2023 |
Unit | Value (USD Billion) |
Key Companies Profiled | PERI GmbH, WACO, Wall Ties & Forms Inc., MFE Formwork Technology Sdn. Bhd., PASCHAL Group ACROW, Faresin. |
Segments Covered | - By Material Type
- By Application
- By Geography
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Customization scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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