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Showing posts with the label Light Gauge Steel Framing Market 2028

Light Gauge Steel Framing Market Projected To Raise At USD 48.21 Billion By 2028

  San Francisco, 16 June 2021:   The Report  Light Gauge Steel Framing Market  Size, Share & Trends Analysis Report By Type (Long Span, Wall Bearing, Skeleton), By End-use (Commercial, Residential), By Region (APAC, North America), And Segment Forecasts, 2021 - 2028 The global light gauge steel framing market size is expected to reach USD 48.21 billion by 2028, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. The development of advanced materials with capabilities that offer safety as well as strong structural support will augment the market growth over the forecast years. The use of these framing products provides ease of installation along with a reduction in the cumulative project completion period owing to pre-fabricated structures, which is anticipated to drive product demand significantly over the next few years. The need to lower the production costs involved in the construction of buildings is also estimated to be o