"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Concrete Formwork Market Size, Share & Industry Analysis, By Type (Aluminum Formwork, Steel Formwork, Timber and Plywood Formwork, Other), By End-User (Residential, Non-residential)and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103002 | Status : Ongoing



Formwork is permanent or temporary mold, in which the wet concrete is poured. It works as a support system to the concrete until it hardens and gains adequate strength. Traditionally, the formwork is fabricated using timber, but now it is been constructed using steel, prefabricated forms, and aluminum. The concrete formwork is available at a low cost and also has an ecological footprint. Further, the concrete formwork is resistant to fire, durable, built swiftly, and offers enhanced thermal and acoustic insulation. It is used in various structural elements of construction such as beam, column, wall, and ceiling. Majorly it is utilized in residential and commercial buildings. 

The rising construction sector owing to rapid urbanization has led to rising the demand for concrete formwork. The ability to make the required shape and surface makes a concrete formwork an ideal choice when compared with other products. Further, the concrete formwork is strong enough to withstand all types of dead and live loads - efficiently propped, rigidly constructed, and braced both vertically and horizontally, to retain its shape. It is also cost-effective and durable. The advancement in concrete technology coupled with rising research and development activities towards the development of lightweight forms of formwork will surge the demand for concrete formwork, thereby provides lucrative growth in the concrete formwork market during the review period.

Up Arrow

Key Market Driver -

Rising demand for concrete formwork in the construction industry to drive the market growth.

Down Arrow

Key Market Restraint -

Reducing adoption of timber formworks to restrict the market growth

However, the timber formwork absorbs water from wet concrete which results in the reduction of strength in concrete. Also, it has limited re-usability and can not be utilized for a long time. These factors reduce the use of timber formwork, which is anticipated to restrict market growth.

Market Segmentation:

Based on type, the concrete formwork market is segmented into aluminum formwork, steel formwork, timber and plywood formwork, other. Based on end-user, the market is segmented into residential and non-residential. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the concrete formwork market includes ULMA Group, ADTOMall Inc., PASCHAL, Turbo Scaffolding, Trimble Solutions Corporation, METSÄ WOOD, Bridgend Extrusion Ltd, MEVA Schalungs-Systeme GmbH,MC-Bauchemie,Wall-Ties & Forms, Inc., and Berger Construction Equipment GmbH.

Key Insights

  • Key Emerging Trends – For Major Countries

  • Key Developments: Mergers, Acquisition, Partnership, etc.

  • Latest Technological Advancement

  • Insights on Regulatory Scenarios

  • Porters Five Forces Analysis

Regional Analysis:

Asia Pacific accounted for the highest revenue share during the forecast period. The growth is attributed to the presence of developing nations such as China, India, and Japan. Also, the rising construction industry is propelling the demand for concrete frameworks. In Europe, the growth is due to the rapidly growing commercial sector, which raises the need for concrete formwork. North America witnessed substainable growth, due to rapidly rising demand for aluminum and steel formworks in the construction sector. The Middle East & Africa will register signification growth, owing to the expansion of the residential sector in this region.

To gain extensive insights into the market, Request for Customization




By Type

  • Aluminum Formwork

  • Steel Formwork

  • Timber and Plywood Formwork

  • Other

By End-User

  • Residential

  • Non-residential

By Geography

  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

Concrete Formwork Industry Developments

  • In January 2019, PERI India announced the launch ALPHADECK, a large area slab formwork system. The system allows safe and fast forming operations with a systematic assembly sequence.

  • In December 2018, Technocraft announced the introduction of revolutionary MACH ONE Formwork System, to its MACH range scaffolding and formwork system. This new system will help the company to enable the construction of monolithic reinforced concrete slabs, columns, walls, stairways, and beams.

  • In October 2016, MC-Bauchemie has launched Ortolan Extra 772 KS, a mineral oil-based concrete release emulsion. It is suitable for heated and unheated molding applications. This will further help the company to extend its product line. 

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.