Press Release

Steel Framing market Size to Reach US$163.34 million, Globally, By 2030 at CAGR of 4.1% – IndustryARC

Steel framing involves the use of vertical steel columns and horizontal beams to provide structural support for floors and walls. A steel deck is typically placed on top of the frame, with a layer of concrete and steel reinforcing bars below. Steel studs are commonly utilized in both structural and non-structural capacities for wall construction. This versatile material finds applications in renewable energy, construction, and transportation industries, contributing to market expansion. Its exceptional strength, malleability, formability, and resistance to corrosion make it a preferred choice for a wide range of industrial applications.

Steel Framing market size is forecasted to reach US$163.34 million by 2030, after growing at a CAGR of 4.1% during the forecast period 2024-2030.One key trend in the steel framing market is the rising popularity of prefabricated and modular construction methods. Prefabricated steel framing elements, such as wall panels, floor systems, and roof trusses, are produced off-site in controlled environments and then transported to the construction site for assembly. This approach offers numerous benefits, including quicker construction times, lower labor costs, and enhanced construction quality. Moreover, modular construction with steel framing allows for increased design flexibility, scalability, and customization, making it ideal for projects with tight schedules or unique architectural requirements. As sustainability and efficiency become crucial factors in the construction sector, prefabricated steel framing emerges as a practical solution to meet the demand for faster, more environmentally friendly, and cost-effective building construction. Another significant development influencing the steel framing market is the incorporation of advanced technologies and Building Information Modeling (BIM) tools. Manufacturers and construction companies are utilizing BIM software to generate detailed digital models of steel framing systems, facilitating comprehensive visualization, analysis, and coordination throughout the building’s lifecycle.

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Steel Framing Market Current and Future Trends:

Prefabrication and Modular Construction: The process includes producing steel framing elements such as wall panels, floor systems, and roof trusses in controlled off-site settings. Subsequently, these components are delivered to the construction site for installation. This method provides benefits such as quicker construction schedules, lower labor expenses, and enhanced quality as a result of accuracy and uniformity.

Sustainability and Green Building: Steel framing has gained popularity in sustainable construction due to its advantages such as recyclability, minimized material waste, and increased energy efficiency resulting from quicker construction processes.

Resilience to Natural Disasters: Steel’s natural strength and durability make it a perfect choice for regions susceptible to earthquakes, hurricanes, and wildfires. Buildings with steel frames provide exceptional protection against these calamities, placing the safety of inhabitants at the forefront.

Growing Demand Beyond Residential Construction: Steel framing has seen a rise in usage within industrial and commercial settings such as warehouses, factories, office buildings, and retail spaces. This trend can be attributed to its durability, flexibility, and affordability.

Technological Advancements in Steel Production: Advancements in the technology used for steel production are driving innovation in framing systems. Developers are working on creating high-strength steel alloys and coatings to improve performance and durability. As a result, steel components are becoming lighter and stronger, enabling greater flexibility in design and increased efficiency in construction.

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 Steel Framing Market Report – Scope:

The Steel Framing Market has been segmented By type, End-use Industry, and geography. The report provides insights into the market dynamics, including market drivers and challenges.

Steel Framing Market with top country data and analysis. The report also highlights the market potential, growth rates, and alternative relevant statistics.

The competitive landscape section features company profiles of major players such as Keymark Enterprises LLC, Keymark Enterprises LLC, Aegis Metal Framing, The Hadley Group, Olmar Supply Inc, Mill Steel Co . This report is a valuable source of guidance and direction for companies and individuals interested in the Fabric Based Laminates Market.

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The top 10 players in the Steel Framing Market are:

The Steel Framing Company

  1. Keymark Enterprises LLC
  2. Aegis Metal Framing
  3. The Hadley Group
  4. ClarkDietrich Building Systems
  5. Olmar Supply Inc
  6. Saint-Gobain S.A.
  7. The Stowell Company Inc
  8. Zauba Technologies & Data Services Private Limited.
  9. Mill Steel Co.

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Browse More Trending Reports related to Steel Framing Market Industry By IndustryARC :

Light Steel Framing Market – The global market for Light Steel Framing (LSF) was estimated to be worth US$ 21930 million in 2023 and is forecast to a readjusted size of US$ 37150 million by 2030 with a CAGR of 9.3% during the forecast period 2024-2030

Steel Market – The Steel market is analyzed to be $1,746.35 billion in 2023 and is projected to reach $2,105 billion in 2030. The market is estimated to grow with a CAGR of 4.13% during 2024-2030.

Special Steel Market – Special Steel Market size is estimated to reach US$250 billion by 2027, after growing at a CAGR of 4.0% during the forecast period 2022-2027.

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Mr. Venkat Reddy IndustryARC Email: [email protected] USA: (+1) 518 282 4727

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