Hot Market in Malaysia – Aluminum Formwork!

 

Aluminum alloy formwork, also known as aluminum formwork, is the fourth generation of formwork after wooden formwork, steel formwork, and plastic formwork.

 

 

From the perspective of the industrial chain, the upstream of the aluminum alloy template industry mainly consists of suppliers of raw materials and processing equipment such as aluminum strips, aluminum oxide powder, coatings, adhesives, etc; The midstream is the production and supply chain of aluminum alloy templates. Products can not only be divided into flat aluminum templates and curved aluminum templates according to template shape, but also into thin-walled aluminum film templates and thick walled aluminum templates according to material thickness; In the downstream, aluminum alloy templates have the characteristics of high strength, high precision, good durability, and recyclability, and are widely used in various fields such as construction, transportation, and energy.

 

In recent years, with the continuous release of downstream demand, the global aluminum alloy template market has developed rapidly. Specifically, by 2024, the global aluminum alloy template market will reach a size of 5.95 billion US dollars; And it is expected that this value will continue to maintain an annual compound growth rate of nearly 5.5% from 2025 to 2029. Among them, Southeast Asia is a major emerging market for the development of the global aluminum alloy template industry.

 

Malaysia is the third largest economy in Southeast Asia after Indonesia and Thailand, and is also an important market for aluminum alloy formwork in the region. According to the “2025 Malaysia Aluminum Alloy Template Industry Market Status and Feasibility Study Report on Overseas Enterprise Entry” released by the New Frontier Industry Research Center, for example, in the construction industry, in recent years, Malaysia has gradually become one of the most attractive countries for foreign direct investment in Southeast Asia due to the rapid development of the market economy, relatively reasonable real estate prices, and sustained favorable national policies. The development trend of the construction industry is improving. In 2023, the construction market size in Malaysia will reach 35.55 billion US dollars; And it is expected that between 2024 and 2033, this value will maintain an average annual compound growth rate of over 6.5%, and is expected to exceed 67.5 billion US dollars by 2033. As a new type of construction formwork, aluminum alloy formwork is widely used in the construction industry in Malaysia. It not only ensures the quality and appearance of concrete pouring, but also greatly improves construction efficiency, and is loved by consumers.