Posted 3/14/2024, 11:30:00 PM
Light Gauge Steel Framing Market Size to Reach $66.5 Billion by 2032, Driven by Construction Industry Demand and Technology Advancements
- Light gauge steel framing market size to reach USD 66.5 billion by 2032, with a CAGR of 5.5%
- Driven by construction industry growth and demand for multi-story buildings
- Technological advancements make light gauge frames attractive - lightweight, durable, high strength
- Wall bearing frames held the largest market share in 2023
- Asia Pacific dominated the market in 2023 due to commercial and industrial construction in China, India, Japan