A FORM OF ART

Formwork is evolving. Today, plastic and fabric and stay-in-place is seeing popularity

- Molly R

As demand for high rise buildings increased, tradi-tional methods of construction proved to be a in-adequate, causing delays and poor quality of con-struction. The quality of construction also reduced as volume of construction increased. It also led to large amounts waste and water and air pollution. New technologies are playing a crucial role in India’s property markets, which need transformation. Not only construction, but also design, the property acquisition process, and other building technology can help in the modernization of India’s real estate.

While the Indian real estate sector is not opposed to embracing cutting-edge construction technology, it varies from developed markets in that many of these methods are indigenized and made more cost-effective for unit construction costs to remain affordable to homebuyers. However, we are employing the technologies to ensure that the buyers get their property on time and in a robust shape.

NEW TYPES

A study by TMR projects the global plastic formwork market valuation to advance at CAGR of 5.1% during 2021-2031. The popularity of plastic formwork in a range of concrete construction works, such as columns, pillars, walls, plinths, and foundations is propelling lucrative opportunities for market players.

Several performance benefits of plastic formworks broadly pertain to flexibility, durability, and cost. They have supplanted steel and wood formworks in development & renovation of underground integrated pipe corridors. The demand for plastic formworks has risen in small housing projects, finds an in-depth TMR research report on the plastic formwork market.