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The global light gauge steel framing market size is expected to reach USD 48.21 billion by 2028, registering a CAGR of 4.6%
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 one of the key factors responsible for market growth.