Report Code: A15829 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Light Gauge Steel Framing Market
Request Now !Light gauge steel framing contains structural frames designed using cold metal parts. Light gauges consist of a mixture of zinc and aluminum or cladded with zinc to save it from damage. Light gauge steel framing used through the complete building, including exterior non-load-based interior walls, curtain walls, floor walls, and roof beams. In modern construction methods, users often choose light gauge steel framing because of its recyclable and lightweight material. Along with this, it is less time consuming and more expensive in the construction of community structures compared to traditional brick or stone and clay. As light gauge steel framing is often used for the construction of industrial and residential areas such as metalwork workshops, office buildings, stadiums, and warehouses. Instant growth in the global construction industry is hoped to accelerate the development of the light gauge steel framing.
Market Scope and Structure Analysis
Light gauge steel framing market is segmented on the basis of type, end user, and region. On the basis of type, the market is divided into skeleton, long span, and wall bearing. On the basis of end user, it is segmented into commercial, residential, and industrial. On the basis of region, it is analyzed across North America, Europe, LAMEA, and Asia-Pacific. Asia-Pacific is expected to remain a leading region in the light gauge steel framing market due to increase in the construction of residential and non-residential buildings in the region. There has been an outbreak in the use of metal in construction recently. Manufacturers are increasingly shipping Light Gauge Steel Framing for development because of its low cost, light weight ratio, corrosion resistance, and flexibility. The Light Gauge Steel framing of the long roof and the roof of the power space can also add contrast. Also, the use of Light Gauge Steel Framing reduces construction time, thereby ensuring a high profit for builders. The benefits associated with the adoption of a Light Gauge Steel Framing will continue to grow the market during the upcoming period.
COVID-19 Impact analysis
Top Impacting Factors
Light Gauge Steel Framing are become popular in many types of construction work around the world. It has a vast history of earthquakes, and the impact of the earthquake load is short, which is advantageous for earthquake resistance. The implementation of strict government regulations and laws related to the use of advanced engineering techniques in the construction industry has stimulated the growth of the l Light Gauge Steel Framing market.
These frames are made of 60% used steel used for a variety of roofs, modular shape structures, and wall mounting applications; it is found to be attractive to its users as it is free of pollution and is a source of immature material for raw construction technology. This is expected to lead to the growth of the Light Gauge Steel Framing market worldwide in the future.
Light Gauge Steel Framing is mostly used in shopping malls, building infrastructure, hospitals, schools, and offices. In last few years, with the increasing cost of wood and timber, demand for light gauge steel framing has grown exponentially in the construction of various public, industrial, commercial, and residential buildings due to their high cost-effectiveness and durability. Increased investment by government and private companies in the construction industry is expected to drive the Light Gauge Steel Framing. Several international players and government agencies have invested heavily in construction. This also contributes to the growth of the market for the manufacture of Light Gauge Steel Framing.
Market Trends
Key Benefits of the Report
Light Gauge Steel Framing Market Report Highlights
Aspects | Details |
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By Type |
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By End-user |
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By Region |
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Key Market Players | Cemco, ClarkDietrich Building Systems, Genesis Manazil Steel Framing, Arkitech Advanced Construction Technologies, Bluescope Steel Limited, MRI Steel Framing LLC, FRAMECAD Ltd., Craco Manufacturing Inc., Nipani Infra & Industries, Emirates Building Systems |
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