Commercial Scale Non-Metal Electrical Conduit Market Market Analysis

  • Report ID: 6603
  • Published Date: Oct 29, 2024
  • Report Format: PDF, PPT

Commercial Scale Non-Metal Electrical Conduit Market Market Analysis

Trade Size (½ to 1, 1 ¼ to 2, 2 ½ to 3, 3 to 4, 5 to 6, Others)

The 2 ½ to 3 segment is predicted to account for more than 23.4% commercial scale non-metal electrical conduit market share by the end of 2037. The rising commercial building projects coupled with supportive refurbishment policies for small-scale platforms are augmenting a high demand for these medium-sized non-metal electrical conduits. The 2 ½ to 3-sized non-metal electrical conduits offer seamless installation and advanced protection for electrical wiring, making them highly popular among commercial and industrial projects. Furthermore, with the growth in infrastructure modernization, the 2 ½ to 3-sized commercial scale non-metal electrical conduits are estimated to exhibit high demand.

Configuration (Polyvinyl Chloride (PVC), Reinforced Thermosetting Resin (RTRC/FRE), Rigid Non-Metallic (RNC), Electrical Non-Metallic Tubing (ENT))

By the end of 2037, polyvinyl chloride (PVC) segment is estimated to dominate around 80.5% commercial scale non-metal electrical conduit market share owing to its excellent electrical insulation characteristics. The cost-effectiveness compared to metal conduits is one of the prime reasons for boosting the sales of PVC electrical conduits. Many large-scale and small-scale projects make wide use of these affordable and durable polyvinyl chloride-based electrical conduits. The lightweight and high-strength features of PVC conduits offer easy installation and transport, leading to lower transport and labor costs. Furthermore, advancements in PVC conduit manufacturing techniques such as extrusion technology are driving high consistency and speed in the production cycle.

Our in-depth analysis of the market includes the following segments:

 

Trade Size

 

  • ½ to 1
  • 1 ¼ to 2
  • 2 ½ to 3
  • 3 to 4
  • 5 to 6
  • Others

 

Configuration

  • Polyvinyl Chloride (PVC)
  • Reinforced Thermosetting Resin (RTRC/FRE)
  • Rigid Non-Metallic (RNC)
  • Electrical Non-Metallic Tubing (ENT)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 6603
  • Published Date: Oct 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global commercial scale non-metal electrical conduit market will be valued at USD 947 million in 2025.

The global market is expected to increase from USD 870.4 million in 2024 to USD 2.6 billion by 2037 and expand at a CAGR of 8.8% during the forecast period.

Some leading companies are ABB Ltd, Atkore Inc., Cantex Inc., Astral Limited, Anamet Electrical, Inc., Legrand, and Schneider Electric.

The 2 ½ to 3 segment is estimated to capture a strong 23.4% of the market share through 2037.

Asia Pacific is expected to hold 46.7% of the global market share through 2037.
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