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Industrial Non Metal Electrical Conduit Market Analysis

  • Report ID: GMI11201
  • Published Date: Sep 2024
  • Report Format: PDF

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.
 

Industrial Non Metal Electrical Conduit Market Share, By Configuration, 2023

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, 2022 – 2032 (USD Million)

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.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of industrial non metal electrical conduit was worth over USD 800 million in 2023 and is expected to register 8.3% CAGR from 2024 to 2032, due to the increasing demand for cost-effective, durable, and lightweight electrical conduits worldwide.

Industrial non metal electrical conduit industry from the 2 ½ to 3 trade-size segment is expected to reach over USD 400 million by 2032, due to increasing demand across various industries such as manufacturing, energy, and telecommunications.

Asia Pacific industrial non metal electrical conduit industry is likely to exceed USD 700 million by 2032, due to rapid industrialization, burgeoning infrastructure projects, and a growing energy sector in the region.

Atkore, ABB, Champion Fiberglass, Inc., CANTEX INC., Electri-Flex Company, HellermannTyton, Hubbell, Legrand, Schneider Electric, Wienerberger AG, and Guangdong Ctube Industry Co., Ltd., are some of the major industrial non metal electrical conduit companies worldwide.

Industrial Non Metal Electrical Conduit Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 10
  • Countries covered: 19
  • Pages: 100
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