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Industrial Non Metal Electrical Conduit Market Size
Industrial Non-Metal Electrical Conduit Market was valued at USD 800 million in 2023 and is likely to register about 8.3% CAGR from 2024 to 2032, due to the increasing demand for cost-effective, durable, and lightweight electrical conduits in sectors such as manufacturing, energy, and telecommunications. According to the U.S. Department of Energy, renewable energy projects have grown by 15% annually, amplifying the appeal of non-metal electrical conduits. These conduits are lauded for their resistance to corrosion and ease of installation.
Furthermore, with industries grappling with stringent safety regulations, there's a pronounced pivot towards non-metal conduits, which offer enhanced protection against environmental adversities. As investments in industrial automation surge and electrical systems undergo upgrades, non-metal electrical conduits are solidifying their status as essential components in the transformation of contemporary industrial electrical networks.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 800 Million |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 8.3% |
2024 – 2032 Value Projection: | USD 1.6 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 100 |
Tables, Charts & Figures: | 10 |
Segments covered: | Trade Size, Configuration |
Growth Drivers: |
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Pitfalls & Challenges: |
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Industrial Non Metal Electrical Conduit Market Trends
The industrial non-metal electrical conduit industry is experiencing notable trends driven by technological advancements and industry demands. Key trends include the growing adoption of flexible and rigid non-metal conduits due to their corrosion resistance, lighter weight, and ease of installation compared to metal alternatives. Sustainability is also playing a significant role, with industries prioritizing eco-friendly materials and conduits that comply with stringent environmental regulations. The rise of smart factories, industrial automation, and renewable energy projects is further boosting demand for non-metal conduits, which offer enhanced safety and protection for complex electrical systems.
Industrial Non Metal Electrical Conduit Market Analysis
2 ½ to 3 trade-sized industrial non-metal electrical conduits market is projected to surpass USD 400 million by 2032, propelled by increasing demand across various industries such as manufacturing, energy, and telecommunications, where durable and corrosion-resistant conduit solutions are critical. The rise of industrial automation and smart infrastructure is driving the adoption of these trade sizes, offering the necessary protection for complex electrical systems. Additionally, stricter safety regulations and a shift toward sustainable materials are pushing industries to opt for non-metal conduits, which provide enhanced environmental protection and ease of installation, further accelerating market growth.
The industrial non-metal electrical conduit market from PVC configurations is expected to grow at a CAGR of 8% through 2032, driven by the rising preference for PVC conduits due to their cost-effectiveness, flexibility, and strong resistance to corrosion and chemical exposure. Industries such as construction, manufacturing, and energy are increasingly adopting PVC conduits for their durability in harsh environments and ease of installation. Furthermore, the growing emphasis on energy efficiency, coupled with the shift toward eco-friendly materials, is fuelling demand for PVC conduits as they offer a reliable and sustainable solution for protecting electrical wiring in industrial applications.
Asia-Pacific industrial non-metal electrical conduit market is projected to exceed USD 700 million by 2032. Key countries, including China, India, and Japan, are witnessing this surge, fuelled by rapid industrialization, burgeoning infrastructure projects, and a growing energy sector. As industries upgrade their electrical systems, there's a heightened demand for conduits that are lightweight, cost-effective, and resistant to corrosion. Moreover, the region's embrace of renewable energy initiatives and the development of smart cities are amplifying the preference for non-metal conduits. Government policies championing sustainable materials, coupled with stringent safety regulations, further bolster the market's vigorous expansion.
The U.S. industrial non-metal electrical conduit market is growing due to increasing upgrades to aging electrical infrastructure, the rise of smart manufacturing, and automation. Demand for lightweight, corrosion-resistant conduits is driven by renewable energy projects and energy-efficient systems. Stricter safety regulations and environmental standards further boost adoption, while growth in telecommunications and infrastructure investments across the country continue to fuel the market's expansion.
Industrial Non Metal Electrical Conduit Company Market Share
Atkore holds a significant share in the industrial non-metal electrical conduit industry, driven by its diverse product offerings and strong presence across key industries. The company's focus on innovation, coupled with the growing demand for durable, lightweight, and corrosion-resistant conduits, has positioned it as a leading player, capitalizing on the expanding market for smart infrastructure and renewable energy projects.
Industrial Non Metal Electrical Conduit Companies
Some of the key market players operating across the industrial non metal electrical conduit industry are:
- Anamet Electrical, Inc.
- ASTRAL Limited
- Atkore
- ABB
- Champion Fiberglass, Inc.
- CANTEX INC.
- Electri-Flex Company
- HellermannTyton
- Hubbell
- Legrand
- Schneider Electric
- Wienerberger AG
- Guangdong Ctube Industry Co., Ltd.
Industrial Non Metal Electrical Conduit Industry News:
- In November 2022, Atkore bolstered its market position by acquiring Elite Polymer Solutions assets for USD 91.6 million. This acquisition not only strengthens Atkore's HDPE product lineup but also paves the way for an expanded national footprint. With this strategic move, Atkore is poised to delve into new opportunities across the utility, telecommunications, and transportation sectors. Furthermore, this aligns seamlessly with Atkore's growth objectives, broadening both their customer base and the scope of applications.
Industrial non metal electrical conduit market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032, for the following segments:
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Market, By Trade Size
- ½ to 1
- 1 ¼ to 2
- 2 ½ to 3
- 3 to 4
- 5 to 6
- Others
Market, By Configuration
- PVC
- Reinforced Thermosetting Resin (RTRC/FRE)
- Rigid Non-Metallic (RNC)
- Electrical Non-Metallic Tubing (ENT)
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Latin America
- Brazil
- Argentina
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