Utility Scale Non Metal Electrical Conduit Market Size - By Trade Size, By Configuration & Forecast, 2024 - 2032

Utility Scale Non Metal Electrical Conduit Market Size

The global utility scale non-metal electrical conduit market was valued at USD 667.3 million in 2023 and is projected to grow at a CAGR of 5.4% from 2024 to 2032, due to increasing demand for resilient and sustainable power transmission infrastructure. Utilities are adopting PVC and fiberglass conduits for their corrosion resistance and ease of installation, particularly in renewable energy projects. Grid modernization investments, especially in developing regions, are fueling market growth.
 

Environmental regulations and the need for durable conduits in harsh environments further drive demand. The U.S. Department of Energy reports that over USD 28 billion was invested in transmission infrastructure improvements in 2021, highlighting the scale of grid modernization efforts. This investment trend supports the growing adoption of non-metal conduits in utility-scale applications. Safety considerations, including fire resistance and electrical fault minimization, are also promoting the use of non-metal electrical conduits in utility-scale installations globally.
 

Utility Scale Non Metal Electrical Conduit Market Trends

The utility-scale non-metal electrical conduit industry is driven by technological advancements and material innovations. High-strength composite materials, such as advanced fiberglass-reinforced plastics, are increasingly adopted for their superior durability in extreme weather conditions. Utilities are implementing prefabricated and modular conduit systems to reduce installation time and costs in large infrastructure projects. The expansion of smart grids and digital substations is fueling demand for non-metal conduits that accommodate complex wiring needs.
 

There is a growing emphasis on recyclable and eco-friendly materials, aligning with global sustainability goals. The U.S. Department of Energy reports that in 2021, renewable energy sources accounted for about 20% of utility-scale electricity generation, highlighting the increasing need for non-metal conduits in long-distance underground cable installations for renewable energy projects. These conduits provide enhanced protection and reliability for the expanding renewable energy infrastructure.
 

Utility Scale Non Metal Electrical Conduit Market Analysis

The market for 2 ½ to 3 trade-sized utility-scale non-metal electrical conduits is expected to exceed USD 290 million by 2032. This growth is driven by several factors, including the increasing demand for robust and corrosion-resistant conduit solutions for large-scale infrastructure projects. The expansion of renewable energy installations and grid modernization efforts are key contributors, as utilities require reliable conduits to protect and manage complex cabling systems. Additionally, rising environmental regulations favoring sustainable materials are boosting the adoption of non-metal conduits. The shift towards prefabricated and modular conduit systems is also enhancing installation efficiency, further driving market growth.
 

The utility-scale non metal electrical conduit market for PVC configurations is projected to grow at a CAGR of over 5% through by 2032, driven by the increasing use of PVC conduits due to their durability, cost-effectiveness, and resistance to corrosion, making them ideal for large-scale infrastructure projects. The expansion of renewable energy installations, such as solar and wind farms, and the modernization of electrical grids are key factors fueling demand. Additionally, PVC's lightweight and easy installation characteristics are enhancing its appeal for utility-scale applications. The growing emphasis on sustainable and environmentally friendly materials further supports the rising adoption of PVC conduits in the market.
 

The Asia-Pacific utility-scale non-metal electrical conduit market is projected to exceed USD 520 million by 2032, driven by rapid urbanization, infrastructure development, and renewable energy expansion. The market growth is further supported by investments in grid modernization, adoption of sustainable materials, and demand for durable conduits in harsh environments. Enhanced construction practices and technological advancements in conduit systems also contribute to this upward trend.
 

Notably, China's National Energy Administration reported that the country added 87.41 GW of solar power capacity in 2022, highlighting the significant potential for non-metal electrical conduits in renewable energy projects across the region. This surge in renewable energy installations underscores the increasing demand for efficient and reliable conduit solutions in the Asia-Pacific market.
 

The U.S. utility-scale non-metal electrical conduit market is driven by infrastructure expansion, increasing investments in renewable energy projects, and grid modernization efforts. The demand for corrosion-resistant and durable conduits is rising due to their suitability for large-scale installations. Additionally, regulatory shifts favoring sustainable materials and advances in conduit technology further support market growth.
 

Utility Scale Non Metal Electrical Conduit Market Share

Atkore commands a substantial share of the utility-scale non-metal electrical conduit industry, owing to its extensive product portfolio and innovation in conduit solutions. The company’s emphasis on durability, corrosion resistance, and compliance with industry standards, combined with its strong distribution network and customer-focused approach, has solidified its position as a leading player in the market.
 

Utility Scale Non Metal Electrical Conduit Market Companies

Major key players operating across the utility scale non metal electrical conduit industry are:

• ABB
• Anamet Electrical
• ASTRAL
• Atkore
• CANTEX
• Champion Fiberglass
• Electri-Flex Company
• Guangdong Ctube Industry
• HellermannTyton
• Hubbell
• Legrand
• Schneider Electric
• Wienerberger
   

Utility Scale Non Metal Electrical Conduit Industry News

• In November 2022, Atkore made a strategic move by acquiring Elite Polymer Solutions' assets for USD 91.6 million. This acquisition not only bolsters Atkore's HDPE product lineup but also expands its national presence. The move opens doors for Atkore to tap into fresh opportunities across utility, telecommunications, and transportation sectors. Importantly, this acquisition aligns perfectly with Atkore's growth plans, widening both its customer base and the range of applications it can serve. By integrating Elite Polymer Solutions' assets, Atkore is positioning itself for stronger market performance and increased versatility in its offerings.
   

This utility scale 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