San Francisco, California, August 30, 2018 – The global light gauge steel framing market is foreseen to see expansion while riding on its rising popularity in the commercial and residential construction industry. A report by TMR Research gives a broad account of the market to inform readers about its future growth projections and important trends and opportunities. It carries the title “Light Gauge Steel Framing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2028.” Light gauge steel framing improves design flexibility, offers easy modeling and increased safety, allows faster construction and easy buildability, and provides various other advantages to architects and builders.
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Light gauge steel framing structures exhibit a superb combination of strength and lightweight features owing to their exceptional strength-to-weight ratio. The demand for light gauge steel framing is envisaged to increase on the back of the rise of tight government regulations regarding the safety of buildings. One of the important trends foretold to boost the global light gauge steel framing market could be the increase in public construction works in developing countries. There could be massive demand in the market because of the requirement of completing these works in less time.
Asia Pacific could be a prominent region of the global light gauge steel framing market as a number of its countries are experiencing a surge in the growth of the building and construction industry. It is prognosticated to present some lucrative market opportunities for players to cash in on in the coming years. Among the developed regions, Europe and North America could set the tone for valuable growth of the market. This could be on account of their advancement in framing procedures and undertaking of large-scale restructuring projects.
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The global light gauge steel framing market includes leading companies such as QSI Interiors Ltd., Genesis Manazil Steel Framing, and Emirates Building Systems LLC.