FALLS CHURCH, Va., May 21, 2018 /PRNewswire/ — The aggregate of animate acclimated to accomplish cold-formed animate (CFS) framing articles ticked up 3.7 percent in the aboriginal division of 2018, according to the latest Nonresidential Bazaar Aggregate Address appear by the Animate Framing Industry Association (SFIA).
CFS manufacturers appear application 282,355 absolute bags (raw bags afore processing) of animate in the aboriginal division of this year, according to SFIA’s industry-wide statistical summary, up from 272,305 absolute bags appear in the antecedent quarter.
Other first-quarter highlights:
(*Note: Companies accommodating in the CFS ysis accept the advantage of advertisement Absolute Tons, or bags of Structural and Nonstructural products. Consequently, the abstracts for Structural and Nonstructural bags may alter from Absolute Tons. In these instances, the amount for Absolute Bags consistently provides the best complete picture.)
“Demand for cold-formed animate framing articles continues to be strong, and companies that accomplish and use cold-formed animate articles abide to be bullish about the aing few years,” said Larry Williams, Executive Director of the Animate Framing Industry Association.
The bazaar statistics are independent in the “SFIA Annual Bazaar Abstracts Report,” which is the alone address that provides buyers and users of CFS framing with timely, high-quality abstracts and observations on CFS framing. This includes annual burden by region, as able-bodied as statistics on actual account by arena and type. The abstracts and bazaar intelligence are calm by the Thompson Research Group (TRG), which surveys manufacturers and aggregates the abstracts set which includes bags of animate acclimated to aftermath studs, track, joists, and accompanying CFS materials.
TRG additionally produces a accompaniment publication, the “SFIA Annual Nonresidential Aggregate Report,” which advance movements in the volumes of animate acclimated in the United States to aftermath above types of CFS products. In addition, TRG captures intelligence from companies that buy and use cold-formed animate and presents accordant abstracts in the ambience of added architecture bazaar indices.
Both letters are accessible at: sfiadata.com
Steel Framing Industry Association
The SFIA represents about 1,500 members, including animate mills, braid coaters, processors, roll-formers, fabricators, engineers, actual distributors and framing contractors. Its 32 stud architect associates aftermath about 80 percent of the cold-formed animate stud and clue acclimated in the US. SFIA promotes application cold-formed animate framing, advocates pro-industry codes and standards, conducts seminars and supports competitiveness through innovation. SFIA provides statistical and trend abstracts for the industry apropos animate acceptance and nonresidential construction. For added information, appointment http://www.cfsteel.org/.
View aboriginal content:http://www.prnewswire.com/news-releases/sfia-releases-q-1-market-data-report-on-cold-formed-steel-framing-and-nonresidential-volume-300652104.html
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