Asia-Pacific Mivan Construction Market By Construction Type (New Construction, Renovation), By Application (Residential Construction, Commercial Construction, Industrial Construction), By Formwork (Single-Use Formwork, Reusable Formwork), By Component (Wall Component, Beam Components, Deck Components, Others), By Country, Competition, Forecast and Opportunities, 2020-2030F

Market Overview

Asia-Pacific Mivan Construction Market was valued at USD 1.09 Billion in 2024 and is expected to reach USD 2.18 Billion by 2030 with a CAGR of 12.11% during the forecast period. 

The Asia-Pacific Mivan Construction Market is experiencing significant growth, driven by the region's rapid urbanization, increasing demand for efficient housing solutions, and the adoption of modern construction technologies. Mivan construction, which utilizes aluminum formwork systems for rapid and uniform concrete casting, offers advantages such as reduced construction time, enhanced structural quality, and cost-effectiveness compared to traditional methods.

As urban centers across the region expand, particularly in countries like India, Mivan technology has become crucial in meeting the demand for affordable housing and large-scale infrastructure projects. The method's ability to streamline construction processes and produce structures with precise dimensions and smooth finishes has led to its increased adoption by developers. Moreover, Mivan construction is also favored for its potential to reduce labor costs and project timelines, making it an attractive option for developers facing growing pressure to complete projects quickly and efficiently.

Sustainability is another driving force behind the growth of the Mivan construction market in Asia-Pacific. As the region places greater emphasis on energy-efficient and environmentally friendly construction practices, Mivan construction's ability to reduce waste and energy consumption aligns well with these goals. The process's precision minimizes the need for excess materials and energy-intensive post-construction processes such as plastering, contributing to more sustainable building practices.

Government initiatives and policy support across various countries in the region are also accelerating the adoption of Mivan construction. Policies encouraging the use of innovative and efficient construction techniques, along with incentives for faster project delivery, have made Mivan systems more accessible to developers.

However, challenges remain, particularly the initial high investment required for Mivan equipment and the need for skilled labor to manage the specialized systems. Despite these obstacles, the long-term benefits—such as faster construction times and lower overall costs—ensure that Mivan construction remains a key player in the evolving Asia-Pacific construction market. The sector is poised for continued growth as the region’s infrastructure and housing demand continue to rise.

Key Market Drivers

Rapid Urbanization and Growing Infrastructure Demand

The rapid urbanization across the Asia-Pacific region is one of the primary drivers of the Mivan Construction Market. With urban populations swelling, the demand for residential, commercial, and industrial buildings has surged. Countries like India and China are experiencing a construction boom, fueled by government initiatives to improve urban infrastructure and housing. This shift is pushing developers to adopt innovative and efficient construction techniques like Mivan, which offers quicker turnaround times compared to traditional methods.

For instance, India’s Housing for All initiative, aiming to provide affordable housing to millions, is encouraging the use of Mivan technology due to its cost-effective and rapid construction capabilities. In large-scale housing projects, Mivan’s aluminum formwork system allows developers to complete projects up to 30% faster, leading to reduced labor and time costs. This rapid urban expansion, coupled with the focus on affordable housing, increases the adoption of Mivan in the region's infrastructure development.

The need for commercial properties and urban amenities in expanding cities further drives the demand for Mivan construction. The method’s ability to produce precise, durable, and high-quality structures is essential for accommodating this growth, especially in areas where time and cost efficiency are crucial.

Government Initiatives and Policy Support

Governments across the Asia-Pacific region are actively promoting efficient and sustainable construction methods, which is driving the growth of the Mivan Construction Market. Policies aimed at encouraging faster, cost-effective building methods have created favorable conditions for Mivan's adoption. Several governments, particularly in developing countries like India and Southeast Asian nations, offer incentives and subsidies for using modern construction technologies that align with the goals of affordable housing and infrastructure development.

India’s initiatives, such as the Pradhan Mantri Awas Yojana (PMAY), which is focused on providing affordable housing for all by 2022, are a significant driver. The government’s emphasis on affordable and sustainable construction fuels the demand for Mivan, as it significantly reduces construction time and costs, addressing both the housing shortage and the need for quick, high-quality buildings. The adoption of Mivan allows developers to meet tight deadlines, ensuring that government infrastructure and housing projects are completed on schedule.

Additionally, countries like China have implemented policies that mandate the use of sustainable materials and efficient building systems, further boosting the demand for innovative solutions like Mivan. These government-backed initiatives have positioned Mivan as a preferred construction method in the region.

Cost Efficiency and Time Savings

One of the most compelling drivers for the growth of the Mivan Construction Market is the cost efficiency and time savings it offers. Mivan construction significantly reduces construction time by up to 30-40% when compared to conventional methods, which is critical in a region with rapidly growing housing demands. The use of aluminum formwork systems allows for faster assembly and casting of concrete, minimizing the need for extensive labor and reducing the chances of errors during construction. This accelerated process makes Mivan an attractive solution for developers aiming to meet tight deadlines and reduce costs.

The cost savings are also evident in the reduction of material wastage. Traditional construction methods often result in higher material waste and additional expenses for finishing work such as plastering. Mivan’s precise formwork system, on the other hand, reduces the need for plastering and other finishing processes, directly contributing to lower operational costs.

As a result, developers in cost-sensitive markets such as India and Southeast Asia are increasingly turning to Mivan for residential and commercial projects. In countries like India, where affordable housing is in high demand, the ability to deliver quality homes quickly and affordably makes Mivan a vital component of the construction industry.

Increasing Focus on Sustainable and Energy-Efficient Construction

The growing focus on sustainable and energy-efficient construction is a significant factor contributing to the rise of Mivan construction in the Asia-Pacific market. As environmental concerns intensify, especially in rapidly urbanizing nations, governments and developers are increasingly adopting eco-friendly construction practices. Mivan construction, with its efficient use of materials and reduced energy consumption during construction, aligns well with the sustainability goals of the region.

The aluminum formwork used in Mivan construction is not only reusable but also helps minimize construction waste. This reduction in waste and resource optimization appeals to both developers and government entities looking to meet green building standards and sustainable development goals. For example, Mivan’s precise molding reduces the need for plastering, resulting in lower energy usage for production and faster construction.

Countries like Japan and Australia have stringent environmental regulations, and Mivan’s efficiency in construction time and material usage makes it an attractive solution in these markets. Additionally, the energy-efficient nature of Mivan-built buildings, due to their precise and well-formed structures, contributes to long-term sustainability, further enhancing its appeal. This push for sustainability ensures that Mivan is well-positioned for continued growth in the region’s construction sector.

Growing Adoption of Modern Construction Technologies

The increasing adoption of modern construction technologies is another key driver for the Mivan Construction Market. The construction sector across Asia-Pacific is gradually moving toward more advanced techniques that offer efficiency, speed, and quality. This trend is driven by the need to address growing urbanization, housing shortages, and infrastructure demands in a region with diverse challenges.

Mivan construction is often seen as an ideal solution because it integrates well with other modern technologies. For instance, Building Information Modeling (BIM) is increasingly being used in conjunction with Mivan to improve design accuracy and project management. The use of BIM with Mivan allows for better planning, reduced errors, and streamlined project timelines, making it an attractive option for large-scale developments.

The method’s alignment with smart construction practices is driving its widespread adoption, particularly in countries like China, South Korea, and Singapore, where innovation is prioritized. The move toward digitization and automation in construction processes has made Mivan’s efficiency in project completion even more appealing. Developers and contractors are increasingly seeking methods that not only reduce time and costs but also integrate seamlessly into the larger landscape of modern construction, making Mivan a natural choice.

As the region continues to embrace more efficient and modern construction practices, the demand for Mivan is expected to grow, driven by its technological alignment and ability to meet the complex demands of contemporary infrastructure projects.

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Key Market Challenges

High Initial Investment and Equipment Costs

One of the significant challenges faced by the Asia-Pacific Mivan Construction Market is the high initial investment required for the equipment, particularly aluminum formwork systems. While Mivan construction offers numerous benefits such as reduced construction time and cost savings in the long run, the upfront costs for acquiring and setting up the necessary formwork equipment can be substantial. For many construction companies, particularly smaller or mid-sized developers, this investment may be a barrier.

The cost of Mivan’s aluminum formwork system can be more than five times the cost of traditional formwork systems. This high initial cost can discourage smaller construction firms from adopting the technology, particularly in emerging markets where price sensitivity is a significant factor. Furthermore, the maintenance costs associated with the formwork system, along with the need for skilled labor to operate and manage the equipment, contribute to the overall financial burden for developers.

In some cases, the high cost can deter contractors from using Mivan on projects with tight budgets or where alternative, less expensive methods could be employed. While larger developers with substantial project portfolios might justify the initial cost due to the efficiency gains over time, smaller players are often unable to do so, limiting the widespread adoption of Mivan technology across the region.

Thus, while Mivan construction provides long-term savings in labor and time, the high initial capital investment remains a major challenge for its widespread adoption, especially in price-sensitive markets.

Requirement for Skilled Labor

Another significant challenge hindering the growth of the Mivan Construction Market in Asia-Pacific is the lack of skilled labor capable of operating the complex aluminum formwork systems used in Mivan construction. Unlike traditional construction methods, which require less specialized skill, Mivan construction demands trained labor to assemble, install, and maintain the formwork systems correctly.

In many developing countries across the Asia-Pacific region, the availability of skilled workers who are proficient in Mivan construction techniques is limited. This shortage of skilled labor can delay project timelines and increase costs for developers, as they need to either invest in training or hire specialized labor at a premium. Labor-intensive training programs are often required to familiarize workers with the specific assembly processes involved in Mivan construction, further increasing project costs and timelines in the short term.

Moreover, the adoption of advanced technologies such as Building Information Modeling (BIM) to complement Mivan construction requires highly skilled workers who can efficiently manage both the physical construction process and the digital tools. Without a robust workforce capable of adapting to these new technologies, the market may face slower adoption rates and delayed project completions.

While more educational and training programs are emerging to address these gaps, the ongoing challenge of labor shortages in Mivan construction can impede the growth of the market, especially in countries with less-developed construction industries.

Resistance to Change and Traditional Construction Practices

Despite the numerous benefits that Mivan construction offers, there is a strong resistance to change in some parts of the Asia-Pacific region. Many developers, contractors, and construction companies continue to rely on traditional construction methods that they are more familiar with, despite the long-term advantages of Mivan’s quicker and more cost-efficient processes. This resistance is primarily driven by the cultural and operational preference for established methods, even when newer technologies could deliver better results.

In some markets, traditional methods of construction are deeply ingrained in the industry’s practices, and stakeholders may be unwilling to invest in new technologies due to perceived risks or unfamiliarity. Even with significant evidence supporting Mivan’s time and cost-saving benefits, many construction firms may hesitate to adopt it due to concerns about potential risks, such as the complexity of managing new systems or the initial investment required.

This reluctance is particularly strong in markets with lower rates of urbanization or where construction activities have historically been slower to modernize. Additionally, developers may perceive Mivan as a high-risk investment in terms of both financial and operational challenges, despite the long-term savings. Overcoming this resistance to change remains a significant challenge for the Mivan Construction Market, as industry players must be persuaded to take a step toward modernization.

As a result, Mivan’s market penetration is limited in areas where traditional construction methods continue to dominate, preventing the full potential of this efficient construction technique from being realized.

Supply Chain Disruptions and Material Availability

The supply chain challenges faced by the construction industry in Asia-Pacific are another obstacle for the growth of the Mivan Construction Market. The availability of high-quality materials required for Mivan construction, such as aluminum formwork and specialized concrete, can be inconsistent, particularly in developing regions. Supply chain disruptions—such as raw material shortages, logistics issues, and transportation delays—can hinder the timely delivery of materials and equipment needed to execute Mivan projects on schedule.

Asia-Pacific countries, particularly those in South and Southeast Asia, often face logistical challenges due to underdeveloped infrastructure or geographical constraints. These issues can lead to delays in the delivery of essential construction materials, resulting in prolonged project timelines and increased costs. If materials are delayed or unavailable, construction schedules can be pushed back, affecting the overall project delivery time and increasing labor and operational costs.

Moreover, price fluctuations in the cost of materials like aluminum and specialized concrete may further exacerbate cost challenges for developers using Mivan systems. These disruptions can also negatively impact the overall adoption of Mivan technology, as companies may be reluctant to commit to a system that could potentially face such supply chain uncertainties.

As the demand for Mivan construction continues to grow, especially in large-scale projects, the reliance on efficient and timely material supply becomes even more critical. Overcoming these supply chain challenges will be essential for ensuring that Mivan technology is used to its full potential.

Limited Awareness and Understanding of Mivan Technology

Despite the advantages offered by Mivan construction, limited awareness of the technology and its benefits remains a significant challenge. In several countries within the Asia-Pacific region, particularly in smaller or less developed markets, many stakeholders, including developers, contractors, and architects, lack an in-depth understanding of Mivan's potential benefits. This lack of awareness results in a slower adoption rate, as decision-makers often prefer familiar, traditional construction methods over newer and less understood technologies.

The absence of comprehensive educational campaigns or industry-wide knowledge-sharing initiatives further exacerbates this issue. Developers and contractors are often hesitant to invest in Mivan construction due to a lack of understanding of how it can improve efficiency, reduce costs, and deliver high-quality outcomes. Additionally, the complexity of Mivan’s formwork systems and the specialized equipment required for its implementation contribute to the reluctance to embrace it without a thorough understanding of the system’s operational benefits.

Without proper awareness and education, potential users may overlook Mivan’s advantages, favoring traditional construction methods that seem less risky or complicated. Furthermore, the lack of understanding may result in inefficient implementation or suboptimal use of Mivan systems, leading to a perception that it is more challenging or costly than traditional methods.

For Mivan construction to reach its full market potential in the Asia-Pacific region, there needs to be a concerted effort to educate and inform industry stakeholders about the advantages of this technology. Increased awareness could significantly accelerate its adoption across both established and emerging construction markets.

Key Market Trends

Increasing Urbanization and Infrastructure Development

The rapid urbanization of Asia-Pacific nations is one of the key drivers of the Mivan Construction Market. Urban areas in countries like India, China, and Southeast Asia are experiencing explosive growth, leading to a significant demand for residential and commercial buildings. As urban populations increase, the need for high-density housing, office spaces, and commercial complexes has surged.

Mivan construction is ideally suited for meeting the demand for quick, high-quality housing and infrastructure. The technique, which involves using reusable aluminum formwork, allows for faster and more efficient construction of multi-story buildings. This speed of construction is a major advantage in urban centers, where land is scarce, and the need for quick turnaround times is critical. With urban spaces becoming more congested, traditional construction methods are often too slow to keep up with the growing demand for space.

The increasing need for vertical construction further boosts Mivan’s appeal. As land availability in cities decreases, there is a greater push to build upwards, necessitating efficient construction methods for multi-story buildings. The Mivan system’s ability to build faster and with fewer labor requirements than traditional methods makes it a perfect fit for these large-scale, vertical construction projects.

Governments in the region are also investing heavily in infrastructure projects to support urban growth. This includes new roads, bridges, metro systems, and public facilities, all of which require quick and durable construction solutions. As a result, Mivan construction is becoming a popular choice for public and private sector projects alike.

Given the strong growth in urbanization across the Asia-Pacific region, the Mivan Construction Market is poised for continued expansion, with increased demand for faster and more efficient building techniques.

Shift Towards Sustainable Construction Practices

Another key trend in the Asia-Pacific Mivan Construction Market is the growing shift towards sustainable construction practices. As environmental concerns take center stage, developers and governments are placing a stronger emphasis on reducing the environmental impact of construction projects. Mivan construction, with its efficient use of resources and reduced waste generation, aligns with these sustainability goals.

One of the main environmental benefits of Mivan construction is its material efficiency. The use of reusable aluminum formwork minimizes waste, as the system can be used for multiple projects. This reduces the need for large amounts of disposable formwork material, which would otherwise end up in landfills. Moreover, the speed at which Mivan construction can be completed means that projects have a lower carbon footprint compared to more traditional methods, which involve longer construction times and greater energy consumption.

In addition, Mivan’s precision and accuracy lead to less material wastage and more efficient use of resources. The aluminum formwork is highly durable and ensures that the finished product is structurally sound, reducing the need for maintenance or repairs in the long run.

As governments and developers increasingly focus on achieving sustainability goals, Mivan construction is seen as a viable solution that offers environmentally friendly construction with reduced carbon emissions. This trend is particularly evident in markets like India, where the government has set ambitious goals for sustainable development and green building practices.

The growing demand for green building certification, such as LEED (Leadership in Energy and Environmental Design), is also fueling the adoption of Mivan technology. As the region moves towards greener construction practices, Mivan construction’s alignment with sustainability initiatives will continue to support its growth.

Technological Integration in Mivan Construction

Technological advancements are transforming the construction industry, and the Asia-Pacific Mivan Construction Market is no exception. The integration of Building Information Modeling (BIM) and other construction technologies into Mivan construction is enhancing efficiency and project management. These technologies enable construction companies to plan and execute projects more effectively, ensuring that the aluminum formwork is used optimally.

BIM helps in creating detailed digital models of the building before actual construction begins. This allows project managers and architects to visualize the structure, analyze potential issues, and streamline the construction process. In the case of Mivan construction, BIM can optimize the placement and usage of formwork, reducing material waste and improving labor productivity.

Furthermore, the integration of Internet of Things (IoT) devices and sensors into construction equipment allows for real-time monitoring of the building process. These technologies can be used to track the status of formwork, ensure proper assembly, and monitor environmental factors like temperature and humidity, which can affect the curing process of concrete.

As the construction industry in Asia-Pacific increasingly adopts digital tools, Mivan construction will continue to benefit from improved project accuracy, cost control, and time management. These technological advancements not only make Mivan construction more efficient but also enhance safety standards and reduce the likelihood of errors during construction.

The trend towards technological integration will continue to drive the adoption of Mivan construction systems in the region, as more construction companies seek to leverage the power of digital tools to enhance their operations and reduce overall costs.

Expansion of Mivan Technology in Emerging Markets

The expansion of Mivan technology into emerging markets within the Asia-Pacific region is another key trend. Countries like Vietnam, Indonesia, the Philippines, and Thailand are seeing rapid growth in their construction sectors, driven by increasing urbanization, rising disposable incomes, and government investments in infrastructure. Mivan construction presents an opportunity to meet the growing demand for residential and commercial buildings in these markets.

In these emerging economies, the demand for quick, cost-effective construction methods is rising, and Mivan construction is gaining traction due to its speed and efficiency. Governments in these regions are focusing on addressing housing shortages and urban development needs. For instance, the Philippines is experiencing a construction boom, particularly in its metro areas, where Mivan’s ability to quickly construct multi-story buildings is highly valued.

Moreover, the increasing availability of raw materials and local manufacturing capabilities in emerging markets is making Mivan technology more accessible. As more local suppliers offer aluminum formwork systems and related products, the overall cost of Mivan construction decreases, further driving its adoption.

The entry of global construction companies into these emerging markets is also helping to spread the knowledge and benefits of Mivan technology. As these companies introduce advanced construction methods, local firms are learning about the advantages of Mivan and its potential to improve construction outcomes.

With infrastructure development at the forefront of emerging economies’ agendas, the demand for Mivan construction is expected to grow rapidly, presenting significant opportunities for companies involved in the production and use of aluminum formwork.

Segmental Insights

Construction Type Insights

Renovation segment dominated in the Asia-Pacific Mivan Construction market in 2024 due to several key factors, including the increasing demand for quick and efficient methods for upgrading existing buildings, rising urbanization, and a growing focus on sustainability. Mivan construction, with its fast-paced, high-quality building techniques, is particularly suitable for renovation projects where minimizing disruption and adhering to tight schedules is essential.

In urban areas across the Asia-Pacific region, particularly in rapidly growing economies such as India, China, and Southeast Asia, the demand for building renovations is steadily increasing. This demand is driven by the need to modernize aging infrastructure, upgrade residential and commercial properties to meet new standards, and accommodate rising populations. Traditional construction methods are often too slow and costly for renovation projects, making Mivan's speed, cost-effectiveness, and precision especially attractive. Mivan’s ability to deliver a high-quality finish in a short period helps address the time-sensitive nature of renovation projects, where minimizing downtime and disruption to occupants is a priority.

Furthermore, Mivan construction systems are ideal for improving building performance, particularly in high-rise buildings where structural upgrades, such as adding new floors or improving insulation, are common. The adaptability of Mivan's aluminum formwork systems allows for flexible designs and efficient adaptation to existing structures, further boosting its appeal for renovation projects. The technique's inherent material efficiency also aligns with the growing emphasis on sustainable construction practices in the region, which is becoming a key consideration in renovation projects.

As the renovation segment grows, driven by urbanization and infrastructure modernization, Mivan construction’s ability to efficiently address the demand for structural enhancements, faster project completion, and environmental considerations positions it as the go-to solution in the Asia-Pacific market.

Application Insights

Residential Construction segment dominated the Asia-Pacific Mivan Construction market in 2024 due to the growing demand for high-density housing in rapidly urbanizing regions. Mivan's ability to significantly reduce construction time—by up to 30-50%—makes it highly suitable for residential projects where speed and cost efficiency are crucial. With urban populations rising, particularly in countries like India and China, the need for quick, high-quality residential buildings is increasing. Mivan construction’s efficiency, along with its ability to build durable, multi-story buildings with minimal labor, positions it as a preferred solution for residential developers in the region.

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Country Insights

Largest Country

China dominated the Asia-Pacific Mivan Construction market in 2024 due to its massive urbanization rate, rapid infrastructure development, and increasing demand for efficient and cost-effective construction methods. As one of the world’s largest economies, China is experiencing a constant need for residential, commercial, and infrastructure projects to accommodate its growing population and urban sprawl. This growth drives the demand for faster construction techniques, and Mivan construction, with its rapid build times and high-quality finish, is ideal for the country’s dynamic construction landscape.

The Mivan system's efficiency is particularly appealing in China, where large-scale residential and commercial projects require quick turnaround times to meet growing demand. The Mivan method enables the construction of multi-story buildings with minimal labor and time, helping developers meet tight project deadlines while maintaining structural integrity and durability. With China’s massive focus on urban development, including expanding metropolises and the development of new cities, Mivan construction is increasingly favored for large-scale residential complexes and public infrastructure.

Furthermore, China's government has made substantial investments in modernizing its infrastructure, especially in tier-2 and tier-3 cities, further driving the need for affordable and efficient construction methods. The Mivan technique allows for significant cost savings due to its quick setup, reduced need for labor, and reusable formwork, aligning perfectly with China’s focus on cost-effective building solutions.

Additionally, Mivan's energy-efficient qualities resonate with China’s growing commitment to sustainability. As the country increasingly focuses on green building certifications and eco-friendly construction practices, Mivan's adaptability to these standards makes it a suitable choice. The Chinese market's vast scale, coupled with a growing preference for faster, sustainable, and cost-effective construction methods, makes it the dominant player in the Asia-Pacific Mivan Construction Market in 2024.

Emerging Country

Japan was the emerging country in the Asia-Pacific Mivan Construction market in the coming period due to its focus on efficient construction methods to address its aging infrastructure and rising demand for urban renewal. The Mivan system, with its speed, precision, and reduced labor costs, aligns with Japan's need for rapid, high-quality residential and commercial projects. Additionally, Japan’s emphasis on sustainability and green building practices fits well with Mivan's efficiency and minimal material waste. With significant investments in urban development and infrastructure modernization, Japan is poised to increasingly adopt Mivan construction in the coming years.

Recent Developments

• In June 2024, ATCO Ltd’s Structures Division announced the acquisition of NRB Ltd, a Canadian modular structure manufacturer serving industrial, educational, and residential sectors. Valued at CAD 40 million (~USD 29.24 million), the transaction is expected to close by late July 2024. This strategic acquisition aims to enhance ATCO Structures’ manufacturing capabilities, geographic footprint, and sales reach—particularly within the rapidly expanding modular residential market.
• In August 2023, WillScot completed the acquisition of Cold Box (California) and A&M Cold Storage (Ohio), strengthening its market leadership in the temporary cold storage segment. The deal includes approximately 2,200 climate-controlled containers and refrigerated storage trailers, 1,300 modular leasing units, and a national platform for premium large clearspan structures. This move significantly expands WillScot’s modular space manufacturing and leasing capabilities across the U.S.
• In January 2025, CASE India, a leading brand of CNH, launched seven new products at the Bharat Construction Equipment Expo 2025. The impressive lineup features two brand-new vibratory compactors—the 952 NX and 450 NX—along with five other models: the 770NX, 770NX Magnum, 851NX CP, 1107 NX D, and SR150B. All of these machines meet the stringent Bharat Stage CEV V emission standards, further solidifying CASE’s position as a leader in the vibratory compactor market.
• In January 2025, Construction Partners, Inc.  ("CPI"), a vertically integrated civil infrastructure firm specializing in the construction and maintenance of roadways across the Sunbelt, announced the acquisition of Overland Corporation ("Overland"), an asphalt manufacturing and paving company based in Ardmore, Oklahoma. Overland operates eight hot-mix asphalt plants and provides paving services across southern and western Oklahoma and northern Texas, catering to a range of public, commercial, and residential projects. This acquisition enhances CPI's footprint in key regional markets and strengthens its capabilities in asphalt production and paving services.

Key Market Players

• Mivan Ltd
• PERI SE Formwork Scaffolding Engineering
• Altrad RMD Kwikform
• Doka India Pvt. Ltd.
• Larsen & Toubro Limited
• Fluor Corporation
• Daiwa House Industry Co., Ltd.
• ATCO Ltd.

Report Scope:

In this report, the Asia-Pacific Mivan Construction Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Asia-Pacific Mivan Construction Market, By Construction Type:

o   New Construction

o   Renovation

• Asia-Pacific Mivan Construction Market, By Application:

o   Residential Construction

o   Commercial Construction

o   Industrial Construction

• Asia-Pacific Mivan Construction Market, By Formwork:

o   Single-Use Formwork

o   Reusable Formwork

• Asia-Pacific Mivan Construction Market, By Component:

o   Wall Component

o   Beam Components

o   Deck Components

o   Others

• Asia-Pacific Mivan Construction Market, By Country:

o   China

o   Japan

o   India

o   South Korea

o   Australia

o   Singapore

o   Thailand

o   Malaysia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Asia-Pacific Mivan Construction Market.

Available Customizations:

Asia-Pacific Mivan Construction Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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