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North America Liquid-Tight Flexible Non-Metallic Conduit Market Size - By Trade Size (½ to 1, 1 ¼ to 2, 2 ½ to 3, 3 to 4, 5 to 6), By Application, By End Use (Residential, Commercial, Industrial, Utility), Growth Forecast, 2024 – 2032

  • Report ID: GMI10691
  • Published Date: Aug 2024
  • Report Format: PDF

North America Liquid-Tight Flexible Non-Metallic Conduit Market Size

North America Liquid-Tight Flexible Non-Metallic Conduit Market was valued at USD 91.5 million in 2023 and is expected to register about 7.7% CAGR between 2024 and 2032. This growth is driven by increasing demand for versatile and durable conduit solutions in various sectors, including construction, automotive, and industrial applications. Additionally, the emphasis on enhanced safety standards and regulatory compliance is pushing the demand for liquid-tight solutions, as they offer superior protection against environmental factors and mechanical damage.
 

North America Liquid-Tight Flexible Non-Metallic Conduit Market

Rising construction activities and infrastructure development, coupled with advancements in materials technology, are boosting the adoption of non-metallic conduits. In September 2023, Atkore Flexicon expanded its hygienic range by introducing a new conduit systems and fittings with UL 360 rating. This new product is designed to meet the stringent requirements of critical applications in the food, pharmaceutical, and electronics industries, which in turn will drive the product penetration globally.
 

North America Liquid-Tight Flexible Non-Metallic Conduit Market Trends

The North America liquid-tight flexible non-metallic conduit industry is experiencing significant growth, driven by increasing demand for advanced electrical and telecommunication infrastructure. This trend is bolstered by the rise in construction activities, particularly in residential and commercial sectors, which require robust and flexible conduit systems for wiring protection. Additionally, the growing emphasis on safety and durability in electrical installations is propelling the adoption of non-metallic conduits due to their resistance to corrosion, chemicals, and moisture.
 

The market is further fueled by technological advancements and innovations in conduit materials and design, leading to enhanced product performance and extended lifecycle. Furthermore, regulatory mandates and standards emphasizing safe electrical practices are encouraging the adoption of these conduits across various industries, contributing to the market's upward trajectory.
 

North America Liquid-Tight Flexible Non-Metallic Conduit Market Analysis

North America Liquid-Tight Flexible Non-Metallic Conduit Market Size, By Application, 2022 – 2032, (USD Million)

The energy sector is expected to exceed USD 35 million by 2032. This growth is driven by several key factors, including the increasing demand for reliable and efficient power infrastructure, the expansion of renewable energy projects, and the need for upgraded electrical grids to support the transition to sustainable energy sources. Additionally, government initiatives and investments in modernizing the energy sector, coupled with technological advancements in LFNC solutions, are propelling market growth.
 

North America Liquid-Tight Flexible Non-Metallic Conduit Market Share, By End Use, 2023

The industrial end-use application of North American liquid tight flexible non-metallic conduit market is expected to grow at a CAGR of over 7% through 2032, fueled by the increasing need for robust and flexible conduit systems in industrial settings, where they are essential for protecting electrical wiring in challenging environments. Additionally, the rising focus on safety and regulatory compliance, advancements in conduit technology, and the growing adoption of automation and smart manufacturing processes contribute to the market's expansion.
 

U.S. Liquid-Tight Flexible Non-Metallic Conduit Market Size, 2022 - 2032, (USD Million)

The U.S. liquid tight flexible non-metallic conduits market is expected to surpass USD 125 million by 2032. This growth is mainly due to the increasing need for strong conduit systems in industrial areas, where they protect electrical wiring in tough conditions. For instance, according to the U.S. Department of Labor, workplace safety regulations have become stricter, pushing companies to adopt better protective systems. Additionally, new conduit technologies, more automation and smart manufacturing, and large investments in infrastructure projects are driving the market forward.
 

The U.S. conduit market experiences momentum from strict safety regulations, ongoing infrastructure enhancements, and rising demand across sectors such as construction, manufacturing, and utilities. LFNC conduits, favored for their reliability and efficiency, dominate the safeguarding of electrical wiring in both commercial and industrial settings. Moreover, the market benefits from the strong presence of industry leaders and continuous technological innovations.
 

North America Liquid-Tight Flexible Non-Metallic Conduit Market Share

North America Liquid-Tight Flexible Non-Metallic Conduit Company Market Share Analysis, 2023,

Atkore is a prominent player in the North American liquid-tight flexible non-metallic conduit market, holding a significant share. Known for their high-quality products and innovation, Atkore's extensive distribution network and customer-focused approach have solidified its position as a market leader, catering to diverse industrial and commercial applications across the region.
 

North America Liquid-Tight Flexible Non-Metallic Conduit Market Companies

Major key players operating across the North America liquid-tight flexible non-metallic conduit industry are:

  • ABB
  • Atkore
  • Anamet Electrical, Inc.
  • Champion Fiberglass, Inc.
  • Dura-Line Corporation
  • Electri-Flex Company
  • Eaton
  • Hubbell
  • IPEX USA LLC.
  • Legrand
  • Southwire Company, LLC.
  • Thomas & Betts Corporation
     

North America Liquid-Tight Flexible Non-Metallic Conduit Industry News

  • Southwire unveiled its latest line of spring steel fasteners and supports in October 2022, emphasizing their immediate availability for shipping. The move underscored Southwire's dedication to addressing customer needs through cutting-edge offerings, with a focus on enhancing electrical installation efficiency and reliability.
     
  • JD Martin broadened its offerings in May 2022 by partnering with ABB Installation Products. This collaboration saw JD Martin, leveraging its robust network and industry know-how, championing ABB's renowned installation solutions in pivotal markets.
     

North America liquid-tight flexible non-metallic 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 Application

  • Rail infrastructure
  • Military aerospace
  • Healthcare facilities
  • Process plants
  • Energy
  • Others

Market, By End Use

  • Residential
  • Commercial
  • Industrial
  • Utility

The above information has been provided for the following countries:

  • U.S.
  • Canada
  • Mexico

 

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of North America liquid-tight flexible non-metallic conduit was worth over USD 91.5 million in 2023 and is set to exhibit about 7.7% CAGR through 2032, due to demand for versatile and durable conduit solutions.

North America liquid-tight flexible non-metallic conduit market share from energy application is set to surpass USD 35 million by 2032, fueled by rising demand for efficient power infrastructure, renewable energy projects, and upgraded grids.

The U.S. liquid-tight flexible non-metallic conduits market is projected to exceed USD 125 million by 2032, driven by the rising demand for durable conduit systems in industrial settings.

ABB, Atkore, Anamet Electrical, Inc., Champion Fiberglass, Inc., Dura-Line Corporation, Electri-Flex Company, Eaton, Hubbell, IPEX USA LLC., Legrand, Southwire Company, LLC., and Thomas & Betts Corporation.

North America Liquid-Tight Flexible Non-Metallic Conduit Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 10
  • Countries covered: 3
  • Pages: 90
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