The global plastic conduit market size reached US$ 21.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.09% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Plastic Conduit
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," the global plastic conduit market size reached US$ 21.4
Billion in 2023.
Plastic conduit is a versatile and widely used piping system designed to
protect electrical wiring in various applications. It is made from durable
polyvinyl chloride (PVC) material, and provides excellent resistance to
moisture, chemicals, and corrosion, making it a reliable choice for electrical
installations. The manufacturing process involves extruding molten PVC
through a die, which shapes it into the desired conduit size and shape. Plastic
conduit is available in different diameters, ranging from small sizes for
residential wiring to larger sizes for industrial and commercial projects. Its
primary use is to house electrical wires and cables, ensuring their protection
and organization. It is commonly installed in buildings to provide a secure
pathway for electrical wiring in residential, commercial, and industrial settings.
Plastic conduit is particularly beneficial in environments where moisture or
chemical exposure is a concern, such as outdoor installations or areas with
high humidity. The advantages of plastic conduit extend beyond its protective
qualities. PVC conduit is lightweight, making it easy to handle and install, thus
saving time and labor costs during the construction process. Its smooth interior
surface facilitates effortless wire pulling, minimizing friction and potential
damage to the wires. Plastic conduit is also non-conductive, which eliminates
the risk of electrical shock during installation or maintenance. Furthermore, it
does not require additional grounding, simplifying the installation process
further.
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4. Report Description
Global Plastic Conduit Market Trends:
The global plastic conduit market is inf luenced by several key factors, such as the increasing demand for efficient
electrical wiring solutions across various industries, including construction, telecommunications, and automotive.
Additionally, the rising awareness regarding the benefits of plastic conduits, such as lig htweight, durability, and
resistance to corrosion and moisture, drives the market further. Moreover, strict government regulations pertaining to
safety standards and the need for effective cable management systems are bolstering the market growth. Furthermore,
rapid urbanization and infrastructure development in emerging economies, coupled with the growing construction industry,
are providing significant opportunities for the market growth. Besides this, significant advancements in technology, such
as the development of flame-retardant and ultraviolet (UV)-resistant plastic conduits, also contribute to the market
growth.
Furthermore, the surging awareness about the cost-effectiveness and ease of installation offered by plastic conduits, the
increasing demand for telecommunication networks, and the shifting focus on sustainable building practices are
propelling the market growth. In line with this, continuous research and development (R&D) efforts by key players to
introduce innovative products and meet evolving customer requirements further stimulate the market growth. Other driving
factors include burgeoning investments in renewable energy projects, the growing demand for fiber optic cables, and the
need f or effective cable protection in harsh environments.
Looking forward, the market value is projected to reach US$ 34.0 Billion by 2032, expanding at a CAGR of
5.09% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/plastic-conduit-market
5. Report
Segmentation
Type Insights:
• Rigid Conduits
• Flexible Conduits
Material Insights:
• Polyvinyl Chloride (PVC)
• High-Density Polyethylene (HDPE)
• Polypropylene (PP)
• Others
Industry Vertical Insights:
• Manufacturing
• Construction
6. Report
Segmentation
• IT and Telecom
• Healthcare
• Others
Regional Insights:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• AKG Group
• Atkore International Group Inc.
• Bec Conduits Pvt. Ltd.
• Cantex Inc. (Mitsubishi Corporation)
• Dura-Line Holdings Inc (Orbia)
• Eaton Corporation plc
• National Pipe and Plastic Inc. (Oldcastle
Infrastructure Inc.)
• Precision Plastic Industries Private Limited
• Sanco Industries Limited
• Schneider Electric SE
8. Key Questions
Answered in
the Report
How has the global plastic conduit market performed so far and
how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global
plastic conduit market?
What are the key regional markets?
Which countries represent the most attractive plastic conduit
markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the material?
What is the breakup of the market based on the industry vertical?
What is the competitive structure of the global plastic conduit
market?
Who are the key players/companies in the global plastic conduit
market?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Plastic Conduit Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Rigid Conduits
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Flexible Conduits
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Material
7.1 Polyvinyl Chloride (PVC)
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
10. Table of
Contents
7.2 High-Density Polyethylene (HDPE)
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Polypropylene (PP)
7.3.1 Mark et Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
8 Market Breakup by Industry Vertical
8.1 Manufacturing
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Construction
8.2.1 Market Trends
8.2.2 Mark et Forecast
8.3 IT and Telecom
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Healthcare
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
8.5 Others
8.5.1 Mark et Trends
8.5.2 Mark et Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Mark et Trends
9.1.1.2 Mark et Forecast
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