Formwork and Scaffolding Market Scope
Formwork and scaffolding are an indispensable constituent in the construction industry. Formwork can be permanent or temporary moldings or casings, used to support wet concrete until it is hard enough to support its own weight. In a nutshell, formwork is required for concrete structures such as columns, walls, and concrete slabs, whereas scaffolding is used for access around a building. Formwork has been used worldwide for hundreds and thousands of years to aid building structures of all sizes and shapes. Few Indian manufacturers have also introduced innovative products and systems which are an affordable and one-stop solution provider for all construction-related problems.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Key Companies Profiled | Layher Holding GmbH & Co. KG (Germany), BrandSafway (United States), PERI (Germany), ULMA Group (Spain), Altrad (France), MJ-Gerust (Germany), Waco Kwikform (Australia), KHK Scaffolding (United Arab Emirates), ADTO Group (China) and Instant Upright (Ireland) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Manufacturers having a strong hold in the market are Layher Holding GmbH & Co. KG, BrandSafway , PERI, and ULMA. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global Formwork and Scaffolding market throughout the predicted period.
Layher Holding GmbH & Co. KG (Germany), BrandSafway (United States), PERI (Germany), ULMA Group (Spain), Altrad (France), MJ-Gerust (Germany), Waco Kwikform (Australia), KHK Scaffolding (United Arab Emirates), ADTO Group (China) and Instant Upright (Ireland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Entrepose Echafaudages (France), BSL Scaffolding Limited (India), MOD SCAF (India) and SB Scaffolding (India) Pvt Ltd. (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Formwork and Scaffolding market by Type , by Application (Slab, Concrete Masonry Unit, Step Barrier, Roads, Columns, Structures and Others) and Region with country level break-up.
On the basis of geography, the market of Formwork and Scaffolding has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2024.
On 9th October 2018, Instant Upright has launched their new Heavy Duty Aluminium Modular Scaffolding System, ‘Instant HD’ to the Benelux market at Verticaaldagen Benelux 2018 in Gorinchem The Netherlands, on the 6th,7th and 8th of November.
Influencing Trend:
Increasing Demand for Aluminum Formwork
Market Growth Drivers:
Increasing Construction Industry in Developing Economies and Rapidly Rising Industrialization across the Worldwide
Challenges:
Rising Threat of the Safety Formwork and Scaffolding
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Rising Investment in the Technology Development by Various Manufacturers
Key Target Audience
Formwork and Scaffolding Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other