
Chinese Ringlock Scaffolding Manufacturers sprint to 50% overseas market share
Market status: China's price crushing and market share soaring
Price comparison:
China's quotation: In 2025, the average export price of China's Ringlock Scaffolding is $950/ton, which is 35% lower than that of European domestic products and 20% lower than that of Southeast Asian competitors.
Cost analysis: The penetration rate of automated welding equipment exceeds 80%, centralized procurement of Q345 high-strength steel (accounting for 60% of raw material costs) and sea transportation logistics subsidies, the comprehensive cost is 40% lower than that of European and American companies.
Market share distribution:
Southeast Asia: The proportion of Chinese brands increased from 30% in 2019 to 68% in 2025, and the entire bidding section of the Ho Chi Minh City Financial Tower project in Vietnam adopted the Chinese solution.
Middle East: The order volume of Saudi Arabia's "NEOM New City" project surged by 200%, and Chinese suppliers accounted for 80% of the scaffolding supply.
Europe: Affected by carbon tariffs, the market share is still 15%, but the pilot orders of zero-carbon Steel Scaffolding increased by 45%.
Chinese manufacturers are using price leverage to leverage the global market, but this is not only a cost competition, but also a comprehensive lead in supply chain efficiency. Markus Weber, an analyst at the Global Formwork Association, pointed out.
Chinese corporate strategy: localized production + technology dimensionality reduction
Localized capacity layout:
Southeast Asia: ADTO Group invested in a 500,000-ton annual production base in Haiphong City, Vietnam, shortening the logistics time to 3 days and reducing labor costs by 60%.
Africa: China XLX and the Nigerian government's joint venture factory landed, with a localization rate of over 40%, avoiding 15% import tariffs.
Technical standardization output:
Modular design: Provide "100+ standard component library", adapt to the building specifications of Europe, America, the Middle East and other places, and shorten the design cycle from 30 days to 7 days.
Smart accessories: Scaffolding Tower monitoring system equipped with IoT sensors is bundled for free and locks in long-term service contracts.
Financial leverage:
China Export-Import Bank provides special loans for the "Belt and Road Initiative", with interest rates as low as 2.5%, supporting overseas customers to pay in installments for 3 years.
Industry shock: anti-dumping investigation and ecological reconstruction
European and American countermeasures:
EU: Initiated an anti-dumping investigation in March 2025, accusing Chinese products of selling at 30% below cost price, and plans to impose a 25% temporary tariff.
US: The Department of Commerce included Ringlock Scaffolding in the "301 List", restricting federal fund projects from purchasing Chinese products.
Local enterprises survive:
Technology alliance: Germany's PERI and France's Altrad jointly developed lightweight aluminum scaffolding, which still costs 18% more than Chinese steel products.
Service transformation: European and American companies focus on "intelligent monitoring + operation and maintenance services", and their gross profit margin has increased to 35%, but their market share continues to lose.
"Price war is only superficial, and the real advantage of Chinese companies lies in their ability to respond quickly and integrate the ecosystem." The head of Zoomlion's overseas business department said frankly.
Future challenges: sustainability and technical barriers
Carbon tariff pressure:
The EU will implement the "full life cycle carbon footprint" accounting in 2026, and China's Steel Scaffolding needs to reduce carbon emissions in the steelmaking process (currently 1.8 tons of carbon emissions per ton of steel, 20% higher than Europe).
Technology moat:
Europe and the United States are accelerating patent layout, such as self-locking node design, composite scaffolding, etc., to limit the technology replication of Chinese manufacturers.
Emerging market risks:
Exchange rate fluctuations and political instability in Africa, Latin America and other places have caused the bad debt rate of Chinese manufacturers to rise to 5% (2.3% in 2024).
Chinese manufacturers' response: strategic upgrade from price to value
Zero-carbon transformation: Baosteel pilots hydrogen steelmaking process, and the zero-carbon Ringlock Scaffolding production capacity target is 500,000 tons in 2030.
Technology M&A: Tianjin Wellmade acquires Spanish smart monitoring company Safesite to make up for the shortcomings of AI early warning technology.
Ecological Alliance: Build an "intelligent construction consortium" with Huawei and Sany Heavy Industry to provide full-chain services from design to construction to operation and maintenance.
Industry Outlook: 2026 may become a key watershed
Market share target: If it exceeds 50%, China will have the global scaffolding pricing power, and local production capacity in Europe and the United States may shrink to less than 30%.
Competition focus: The price war gradually shifts to the comprehensive ability competition of "low-carbon technology + data service", and the industry's gross profit margin may rise to 20%-25%.