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Commercial Liquid-Tight Flexible Non-Metallic Conduit Market Trends

Report ID: GMI10425
Published Date: Jul 2024
Report Format: PDF

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Commercial Liquid-Tight Flexible Non-Metallic Conduit Market Trends

The commercial liquid-tight flexible non-metallic conduit industry is experiencing significant growth, driven by increased demand for robust electrical wiring solutions in commercial construction projects. Rising safety standards and the need for flexible, corrosion-resistant, and waterproof conduit systems are key factors propelling market expansion. Innovations in material technology, enhancing durability and ease of installation, are also contributing to market trends. Additionally, the growth of renewable energy projects and advancements in smart building technologies are creating new opportunities, with North America and Asia-Pacific regions leading in adoption due to rapid urbanization and infrastructure development.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of commercial liquid-tight flexible non-metallic conduit was worth over USD 158.4 million in 2023 and will grow at 7.7% CAGR between 2024 and 2032, due to the growing need for versatile and long-lasting wiring solutions in commercial construction

Commercial liquid-tight flexible non-metallic conduit market from the 2 ½ to 3 inch trade size segment will witness 6% CAGR through 2032, driven by increasing demand in commercial construction for robust, flexible conduit solutions to accommodate larger electrical wiring needs.

Asia Pacific commercial liquid-tight flexible non-metallic conduit industry will surpass USD 125 million by 2032, attributed to the stringent electrical safety regulations, rapid urbanization and extensive infrastructure projects.

Prominent players operating in the commercial liquid-tight flexible non-metallic conduit industry are ABB, Atkore, Dura-Line Corporation, Eaton, Hangzhou EVT Electrical Co., Ltd., Hubbell, IPEX USA LLC., Legrand, Shanghai Weyer Electric Co., Ltd., Southwire Company, LLC., Techno Flex, Thomas & Betts Corporation, and Zhejiang Flexible Technology Co., Ltd. among others.