Report overview
The global Magnesium Alloy Building Formwork market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Prefabricated Formwork Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Magnesium Alloy Building Formwork include Yunhai Metal, Baosteel Metal, Ka Shui International, Sanxiang Advanced Materials, Huabei Light Alloy, Bada Magnesium and Taipusen New Material Technology, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Magnesium alloy building formwork is a type of construction formwork made from magnesium alloy. It is an innovative and environmentally friendly solution for concrete construction, replacing traditional timber and steel formwork. Magnesium alloy building formwork is known for its lightweight, high strength, durability, and corrosion resistance. Magnesium alloy formwork has many advantages over traditional formwork systems. Firstly, it is lighter in weight, which makes it easier to handle and transport. Secondly, it has a longer lifespan than traditional formwork, reducing the need for frequent replacement. Thirdly, it is resistant to corrosion, which means it can be used in harsh environments without deteriorating. Finally, it is environmentally friendly as it can be reused multiple times and is recyclable.
This report aims to provide a comprehensive presentation of the global market for Magnesium Alloy Building Formwork, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium Alloy Building Formwork. This report contains market size and forecasts of Magnesium Alloy Building Formwork in global, including the following market information:
Global Magnesium Alloy Building Formwork Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Magnesium Alloy Building Formwork Market Sales, 2019-2024, 2025-2030, (Kiloton)
Global top five Magnesium Alloy Building Formwork companies in 2023 (%)
We surveyed the Magnesium Alloy Building Formwork manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnesium Alloy Building Formwork Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Magnesium Alloy Building Formwork Market Segment Percentages, by Type, 2023 (%)
Prefabricated Formwork
Magnesium Alloy Profile
Others
Global Magnesium Alloy Building Formwork Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Magnesium Alloy Building Formwork Market Segment Percentages, by Application, 2023 (%)
Residential
Commercial
Industrial
Global Magnesium Alloy Building Formwork Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Magnesium Alloy Building Formwork Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Magnesium Alloy Building Formwork revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Magnesium Alloy Building Formwork revenues share in global market, 2023 (%)
Key companies Magnesium Alloy Building Formwork sales in global market, 2019-2024 (Estimated), (Kiloton)
Key companies Magnesium Alloy Building Formwork sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Yunhai Metal
Baosteel Metal
Ka Shui International
Sanxiang Advanced Materials
Huabei Light Alloy
Bada Magnesium
Taipusen New Material Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnesium Alloy Building Formwork, market overview.
Chapter 2: Global Magnesium Alloy Building Formwork market size in revenue and volume.
Chapter 3: Detailed analysis of Magnesium Alloy Building Formwork manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Magnesium Alloy Building Formwork in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Magnesium Alloy Building Formwork capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.