Market Overview:
The global aluminium formwork system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for construction and infrastructure projects across the globe. Additionally, factors such as rising disposable income, rapid urbanization, and growing population are also contributing to the growth of this market. The global aluminium formwork system market is segmented on the basis of type into all aluminum formwork and aluminum composite formwork. On the basis of application, it is segmented into residential buildings, commercial buildings, industrial facilities, and others (government & institutional buildings). The geographical analysis covers North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U.K.), Asia Pacific (China Japan India South Korea Australia New Zealand), Middle East & Africa(GCC Countries Turkey Iran Israel South Africa) .
Product Definition:
Aluminium formwork system is a modular system which can be used to create different shapes and sizes of concrete structures. It is made up of aluminium panels and connectors which can be easily assembled and dismantled. This system is very important as it helps in reducing the construction time and also results in less wastage of concrete.
All Aluminum Formwork:
All aluminum formwork system is a construction equipment which consists of two or more forms, connected by means of hydraulic rams. The primary function of the all-aluminum formwork system is to provide support and shape the concrete surface into the desired structure. It also helps in creating joints in walls and floors, making them smooth and level.
Aluminum Composite Formwork:
Aluminum composite formwork (ACF) is a system that helps in the shaping of concrete and other masonry materials into desired forms. It is an effective method to produce accurate forms with high production efficiency. Aluminum composite formwork systems are used for producing aluminum-based structures such as beams, sections, angles, etc. The ACF system consists of various components including control equipment, forming tools or dies, measuring instruments or sensors and power sources among others.
Application Insights:
The demand for the product in industrial facilities was valued at USD 1.5 billion in 2017 and is expected to witness significant growth over the forecast period. The expansion of manufacturing industries across developing countries such as China, India, Thailand and Indonesia is anticipated to augment industry growth over the forecast period.
Increasing investments from governments in infrastructure development along with rising construction activities are expected to drive residential construction activities globally which will subsequently fuel product demand for residential applications during the estimated time span. Increasing infrastructural developments coupled with growing urbanization are projected to boost global housing needs which will further increase product penetration during 2018-2030 timeframe thereby driving industry growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and urbanization in the region. In addition, rising infrastructural needs are anticipated to drive demand for formwork systems in this region over the forecast period.
The growing construction industry coupled with increasing investments in commercial buildings is projected to augment product demand across Europe during the forecast period. The presence of major manufacturers including Gerresheimer AG, Schwinge GmbH & Co., Stora Enso Oyj, and Ateste Mio will also have a positive impact on market growth over the next eight years.
North America was valued at USD X million in 2017 and is likely witness moderate growth rate on account of mature construction sector along with steady industrial output post-recessionary trends that has been prevailing since 2009’s economic downturn which was followed by an unemployment crisis reaching nearly 10%.
Growth Factors:
- Growing demand from construction and infrastructure sector: The global construction and infrastructure sector is expected to grow at a CAGR of more than 5% during the forecast period. This is expected to drive the demand for aluminium formwork systems, as they are extensively used in these sectors for various applications such as concrete casting, column forming, beam forming, slab forming, and others.
- Rising popularity of prefabricated buildings: Prefabricated buildings are gaining popularity due to their faster installation time and lower costs as compared to traditional construction methods. Aluminium formwork systems are widely used in prefabricated buildings for various applications such as concrete casting, column forming, beamforming etc. This is likely to boost the growth of the aluminium formwork system market during the forecast period.
- Increasing use of lightweight materials in construction: There has been a growing trend towards using lightweight materials in construction due to their superior thermal insulation properties and lesser environmental impact as compared to traditional heavyweight materials such as bricks and mortar. Aluminium formwork systems offer an excellent combination of strength-to-weight ratio which makes them ideal for use in constructions involving lightweight materials such as timber frame or steel frame structures etc.. This is likely to fuel the growth of aluminium formwork system market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminium Formwork System Market Research Report
By Type
All Aluminum Formwork, Aluminum Composite Formwork
By Application
Residential, Commercial Building, Industrial Facility, Others
By Companies
PERI Ltd, Kumkang Kind, China Zhongwang Holdings, BSL Scaffolding Limited, Doka GmbH, MFE Formwork Technology, Hyundai Aluminum, EINS Technik, Antai Aluminum, Pingguo Asia Aluminum Co., Ltd, Kitsen, Suzhou TECON Construction Technology Co., Ltd., Lear Aluminum Co., Ltd, Asia Aluminum, Sambo Industrial
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Aluminium Formwork System Market Report Segments:
The global Aluminium Formwork System market is segmented on the basis of:
Types
All Aluminum Formwork, Aluminum Composite Formwork
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial Building, Industrial Facility, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PERI Ltd
- Kumkang Kind
- China Zhongwang Holdings
- BSL Scaffolding Limited
- Doka GmbH
- MFE Formwork Technology
- Hyundai Aluminum
- EINS Technik
- Antai Aluminum
- Pingguo Asia Aluminum Co., Ltd
- Kitsen
- Suzhou TECON Construction Technology Co., Ltd.
- Lear Aluminum Co., Ltd
- Asia Aluminum
- Sambo Industrial
Highlights of The Aluminium Formwork System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- All Aluminum Formwork
- Aluminum Composite Formwork
- By Application:
- Residential
- Commercial Building
- Industrial Facility
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminium Formwork System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminium formwork system is a construction method that uses aluminium forms to create shapes in concrete.
Some of the major companies in the aluminium formwork system market are PERI Ltd, Kumkang Kind, China Zhongwang Holdings, BSL Scaffolding Limited, Doka GmbH, MFE Formwork Technology, Hyundai Aluminum, EINS Technik, Antai Aluminum, Pingguo Asia Aluminum Co., Ltd, Kitsen, Suzhou TECON Construction Technology Co., Ltd., Lear Aluminum Co., Ltd, Asia Aluminum, Sambo Industrial.
The aluminium formwork system market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminium Formwork System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminium Formwork System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminium Formwork System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminium Formwork System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminium Formwork System Market Size & Forecast, 2020-2028
4.5.1 Aluminium Formwork System Market Size and Y-o-Y Growth
4.5.2 Aluminium Formwork System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 All Aluminum Formwork
5.2.2 Aluminum Composite Formwork
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial Building
6.2.3 Industrial Facility
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminium Formwork System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminium Formwork System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 All Aluminum Formwork
9.6.2 Aluminum Composite Formwork
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial Building
9.10.3 Industrial Facility
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 All Aluminum Formwork
10.6.2 Aluminum Composite Formwork
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial Building
10.10.3 Industrial Facility
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 All Aluminum Formwork
11.6.2 Aluminum Composite Formwork
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial Building
11.10.3 Industrial Facility
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 All Aluminum Formwork
12.6.2 Aluminum Composite Formwork
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial Building
12.10.3 Industrial Facility
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 All Aluminum Formwork
13.6.2 Aluminum Composite Formwork
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial Building
13.10.3 Industrial Facility
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminium Formwork System Market: Competitive Dashboard
14.2 Global Aluminium Formwork System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PERI Ltd
14.3.2 Kumkang Kind
14.3.3 China Zhongwang Holdings
14.3.4 BSL Scaffolding Limited
14.3.5 Doka GmbH
14.3.6 MFE Formwork Technology
14.3.7 Hyundai Aluminum
14.3.8 EINS Technik
14.3.9 Antai Aluminum
14.3.10 Pingguo Asia Aluminum Co., Ltd
14.3.11 Kitsen
14.3.12 Suzhou TECON Construction Technology Co., Ltd.
14.3.13 Lear Aluminum Co., Ltd
14.3.14 Asia Aluminum
14.3.15 Sambo Industrial
