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Intermediate Metal Conduit Market Trends

Report ID: GMI11488
Published Date: Sep 2024
Report Format: PDF

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Intermediate Metal Conduit Market Trends

The intermediate metal conduit industry is witnessing pivotal trends. Rising demand for lightweight and cost-effective solutions in construction and industrial applications is notable. IMC's blend of durability and affordability, compared to rigid metal conduit (RMC), drives its adoption in electrical systems for commercial and residential sectors. Renewable energy projects, data centers, and smart city infrastructure increasingly use IMC due to its reliability and corrosion resistance. Additionally, advancements in construction technologies and prefabrication enhance IMC integration in modular building designs, improving installation efficiency and reducing project timelines.

Authors: Ankit Gupta , Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of intermediate metal conduit was worth over USD 789.7 million in 2023 and is expected to grow at 6.9% CAGR through 2032, driven by global infrastructure development, urbanization, and industrialization.

The 2 ½ to 3-inch trade sizes segment held a decent growth in 2023 and is projected to expand at a CAGR of over 6% through 2032, driven by the increasing demand for heavy-duty electrical conduits.

Asia-Pacific intermediate metal conduit market held a robust growth in 2023 and is set to exceed USD 700 million by 2032, driven by rapid industrialization, urbanization.

Atkore International, Cat Van Loi, East Steel Pipe, Eurotray, Hangzhou EVT Electrical, ITCC Group among others.