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North America Non Metal Electrical Conduit Market Analysis

  • Report ID: GMI11619
  • Published Date: Sep 2024
  • Report Format: PDF

North America Non Metal Electrical Conduit Market Analysis

The North American market for 2½ to 3 trade-sized non-metal electrical conduits segment is anticipated to exceed USD 390 million by 2032, largely due to the distinct advantages these trade sizes offer. These conduits provide an optimal balance between flexibility and durability, making them ideal for a wide range of applications in both residential and commercial settings. Their lightweight nature facilitates easier handling and installation, significantly reducing labor costs and installation time.
 

Additionally, the larger diameter of these conduits allows for better heat dissipation and accommodates a higher number of wires, enhancing overall electrical system efficiency. The use of non-metal materials, such as PVC and fiberglass, ensures resistance to corrosion and moisture, contributing to the longevity and reliability of electrical installations. As regulatory standards increasingly emphasize safety and compliance, the advantages of 2½ to 3 trade-sized non-metal conduits will drive their adoption across various sectors in North America.
 

North America Non Metal Electrical Conduit Market Share, By Configuration, 2023

The North American non-metal electrical conduit market for PVC configurations segment is expected to experience a CAGR of over 7% through 2032. The inherent benefits of PVC, such as its lightweight nature, flexibility, and resistance to corrosion and chemicals, make it a preferred choice for various electrical installations. Additionally, the growing emphasis on sustainability and eco-friendly materials is enhancing the demand for PVC conduits, as they are recyclable and contribute to energy efficiency. The expanding residential and commercial construction sectors, along with stringent safety regulations, further bolster the adoption of PVC configurations.
 

U.S. Non Metal Electrical Conduit Market, 2022 – 2032, (USD Million)

The U.S. non-metal electrical conduit market is projected to exceed USD 950 million by 2032, driven by several key factors. Increased construction activities across residential, commercial, and industrial sectors are boosting demand for efficient electrical conduit solutions. The U.S. Census Bureau reported a 0.8% increase in construction spending in February 2023, reaching a seasonally adjusted annual rate of USD 1.8 trillion, indicating sustained growth in the sector.
 

Growing preference for non-metal conduits, particularly PVC and fiberglass, stems from their lightweight and corrosion-resistant properties. Rising awareness of sustainability and demand for eco-friendly materials further propel market growth. Additionally, regulatory compliance and safety standards continue to promote the use of non-metal conduits, ensuring their relevance in the evolving electrical infrastructure landscape.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for non-metal electrical conduit in North America reached USD 697.4 million in 2023 and is projected to grow at a 7.1% CAGR from 2024 to 2032, driven by increased construction activities, sustainable building practices, technological advancements, stringent safety regulations, and expanding renewable energy projects.

The PVC configurations segment is expected to experience a CAGR of over 7% through 2032. The inherent benefits of PVC, such as its lightweight nature, flexibility, and resistance to corrosion and chemicals, make it a preferred choice for various electrical installations.

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The U.S. market is projected to exceed USD 950 million by 2032, led by increased construction activities across residential, commercial, and industrial sectors.

Key players in the market include: Anamet Electrical, ABB, ASTRAL, Atkore, Canpipe, CANTEX, Champion Fiberglass, Electri-Flex Company, HellermannTyton, Hubbell, IPEX Electrical, Legrand, Ledes USA, Prime Conduit, Schneider Electric, and Westlake Pipe & Fittings.

North America Non Metal Electrical Conduit Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 10
  • Countries covered: 3
  • Pages: 60
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