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 this market can be attributed to the increasing demand for construction and infrastructure projects across the globe. In addition, the growing awareness about energy-efficient construction methods is also propelling the growth of this market. The aluminium formwork system market can be segmented on the basis of type into all aluminum formwork and aluminum composite formwork. On the basis of application, this market can be segmented into residential, commercial building, industrial facility, and others. Geographically, this market can be segmented into North America, Latin America, Europe Asia Pacific and Middle East & Africa (MEA). North America dominates this global aluminium formwork system with a share of more than 30%. This dominance is mainly due to high demand for new constructions in countries such as U.S.
Product Definition:
Formwork is the name given to the temporary structure used to support freshly poured concrete so that it can take on its desired shape. United States Aluminium Formwork System is an aluminium formwork system which has been specifically designed for use in the United States construction industry.
- Reduced installation time - The aluminium panels are quick and easy to assemble, meaning that forms can be erected much more quickly than with traditional methods.
- Increased strength and durability - Aluminium is a strong material which is not susceptible to decay or rot like timber can be, meaning that formworks will last longer under repeated use.
- Reduced weight - Aluminium panels are much lighter than timber boards, making them easier and safer to handle on site.
All Aluminum Formwork:
All aluminum formwork is a generic term used to described work done on the building structure during the construction process. It includes raising forms, jacking forms, setting forms and skinning forms among others. The growth factor in United State Aluminium Formwork System market is that it has been growing at a steady pace with an increase in commercial and residential construction projects across the country.
Aluminum Composite Formwork:
Aluminum composite formwork (ACF) is a system that helps in the shaping of concrete and other masonry materials for various applications. It provides high strength, durability, and resistance to corrosion. The aluminum composite formwork systems are used in construction projects such as commercial buildings, residential homes, highways & roadsides maintenance structures like bridges & tunnels.
The United States Aluminum Formwork System market size was valued at USD 856 million in 2016.
Application Insights:
The global and United State aluminum formwork system market is segmented on the basis of application into residential, commercial building, industrial facility and others. The other applications include transportation infrastructure, energy generation plant and healthcare facilities among others. Increasing construction activities in emerging economies such as China India are anticipated to fuel product demand over the forecast period.
In terms of revenue, the commercial building segment dominated the global industry with a share of 33% in 2017 owing to rising construction activities across developing countries including China Indonesia Malaysia Philippines Thailand Vietnam among others which is expected to drive demand for aluminum composite formwork systems over the forecast period. In addition, growing infrastructural developments across developed countries such as U.S Canada France Germany UK are expected to propel industry growth over next eight years according to ¢â‚¬Å“Building America's Future: A National Infrastructure Plan¢â‚¬ published by U.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising investments in construction sector coupled with increasing industrialization and urbanization. In addition, growing population, rapid economic development, and government initiatives towards infrastructural development are likely to drive demand for formwork systems across this region.
In North America, a well-established building & construction industry along with stringent regulatory norms regarding environment impact is projected to remain a favorable factor for market growth over the forecast period. In addition, growing commercial office space by virtue of ongoing developments as well as new constructions would further propel product demand in near future.
Europe was estimated at USD X million in 2017 owing to presence of major players such as HeidelbergCement AG; CRH Global Inc.;armacit Ltd; Cemex SAB de CV; Holcim Ltd.
Growth Factors:
- Growing demand from construction and infrastructure sectors
- Increasing use of aluminium formwork in pre-cast concrete structures
- Rising popularity of modular formwork systems
- Technological advancements in aluminium formwork systems
- Growing demand for prefabricated buildings
Scope Of The Report
Report Attributes
Report Details
Report Title
and United State 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, PERI Ltd, 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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global and United State Aluminium Formwork System Market Report Segments:
The global and United State 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
- PERI Ltd
- Suzhou TECON Construction Technology Co., Ltd.
- Lear Aluminum Co., Ltd
- Asia Aluminum
- Sambo Industrial
Highlights of The and United State 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 and United State 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
The United States Aluminium Formwork System (USAFS) is a national program to improve the quality and reliability of aluminum formwork systems. The USAFS was created in response to concerns about the quality and reliability of aluminum formwork systems used in construction projects.
Some of the key players operating in the and united state 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, PERI Ltd, Suzhou TECON Construction Technology Co., Ltd., Lear Aluminum Co., Ltd, Asia Aluminum, Sambo Industrial.
The and united state aluminium formwork system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 and United State 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 and United State Aluminium Formwork System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 and United State 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 and United State 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 and United State Aluminium Formwork System Market Size & Forecast, 2020-2028
4.5.1 and United State Aluminium Formwork System Market Size and Y-o-Y Growth
4.5.2 and United State 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 and United State 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 and United State 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 and United State Aluminium Formwork System Market: Competitive Dashboard
14.2 Global and United State 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 PERI Ltd
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
