According to Fortune Business Insights, The global cold-formed steel market size is anticipated to grow at a healthy CAGR during the forecast period. Cold-formed steel, also known as light gauge steel, is primarily manufactured from steel plates, sheets, and strips. It offers several advantages, including ease of fabrication, transportation, and installation.
Cold-framed steel is commonly used for construction purposes. These cold-framed are mostly made up of sheets, steel plates, and strip materials. Its advantages such as easy to transport, fabricate and install. Its lighter weight, stiffness, and high strength are key properties boosting its demand and adoption. Steel is the most commonly used material for construction purposes. There are thousands of grades of steel, and there is various technology for the manufacturing of steel. One of the essential types of steel which are commonly used for construction purposes is called cold-framed steel.
Fortune Business Insights presents this information in its report titled "Cold-formed Steel Market, 2025-2032."
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The Report Lists the Key Players Profiled in the Market Report:
Market Segments:
Based on segment type, the market is classified into structural shapes, panels & decks.
On the basis of technology, the market is split into roll forming, folding, and press banking.
According to the application, the market is segmented into building & construction (residential & non-residential), automotive, industrial equipment, and others.