In the current competitive market, the builders and contractors are going through competitions in respect to use of advanced building materials. This aspect includes adoption of economic scaffolding & formwork solutions while boosting safety of workers, speed, and quality of building materials. Along with formwork solutions, array of services is provided such as maintenance & inspection, retrofitting, remote support & hotline packages, repairs & spare parts, consultation, and many more. The formwork solutions are widely used in wall construction, slab supporting decks, art stone textured panels, beams, column construction in submerged conditions, concrete house/pool construction, rebuilding columns in water, and other applications.
Factors such as growing construction industry supported by favourable government assistance and inclination towards constructing green buildings is impacting the infrastructural projects, which would positively drive the growth of formwork solutions. Also, penetration of timber & plywood is high over other materials as it is available at lesser price and can be used for multi usability. Moreover, with advent of sophisticated technologies such as tunnel formwork, Fiberglass shuttering, and wireless temperature monitoring formwork system in formwork industry is projected to generate ample of growth prospects for formwork.
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