

Formwork plywood is a specialized construction material used primarily in the formwork industry for creating molds or structures that hold wet concrete in place until it cures and sets. It is a crucial component in ensuring that concrete surfaces are smooth, uniform, and durable.
MARKET SIZE (2024):
APPROXIMATELY USD 7.24
BILLION
PROJECTED MARKET SIZE (2032): AROUND USD 8.37 BILLION
COMPOUND ANNUAL GROWTH RATE (CAGR): 2.10% DURING THE FORECAST PERIOD.
Three-layer
Multi-layer
By Application
Study focuses on evaluating the market landscape, consumer trends, and competition pertinent to the new product.
Emerging demand in construction and automotive.
Strong market in automotive and healthcare.
Steady growth with focus on highperformance films.
Fastest-growing region, driven by industrial demand.