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Formwork System Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2027

Press release   •   Sep 18, 2019 13:25 IST

Formwork System Market

Presently, factors such as rapid urbanization and increase in number of renovation and retrofitting based projects continue to provide numerous lucrative business opportunities for the market players operating in the market. Moreover, the significant surge in volume of on-going infrastructure and urbanization related construction projects across emerging economies is the major factor propelling the growth of the market during the coming years. Whereas, across developed economies such as U.S., Germany, UK, and Canada among other countries retrofitting and renovation activities are fueling the growth of the market during the forecast period. Thus, the market is poised to provide numerous profitable opportunities for the market players during the coming years.

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The key players influencing the market are:

Alsina Group, Doka, EFCO Corp., FORSA S.A, MEVA Formwork Systems, MFE Formwork Technology Sdn Bhd, PERI, Sveza Holdings Ltd (Sveza), TEMEC, The Heico Companies. 

This report contains:

  • Market sizing for the global Formwork System Market.
  • Compare major Formwork System providers strategies and approaches to the challenges they face
  • Analysis of the effects deglobalisation trends may have for Formwork System providers
  • Profiles of major Formwork System providers
  • 7-year CAGR forecasts for Formwork System -intensive vertical sectors

Furthermore, based on requirement the multiple number of formwork based panels and structures are also applied for providing support for different infrastructure design and components along with scaffoldings. Traditionally, wood based formwork systems were extensively popular however, other materials have also gained popularity in the past decade. The formwork have a significant large scope of application across construction of infrastructure development, residential building construction and commercial building construction across all geographical regions.

The global formwork system market is segmented on the basis of offerings and materials used. Based on offerings, the market is bifurcated into solutions and service. Further, by materials used the market is segmented into wood, metal, and others.

Formwork System Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

Formwork System Market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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