Non-Metal Electrical Conduit Market

Non-Metal Electrical Conduit Market Size, Share, Growth Analysis, By Trade Size(½ to 1, 1 ¼ to 2), By Classification(Polyvinyl Chloride (PVC), Reinforced Thermosetting Resin (RTRC/FRE)), By End Use(Residential, Commercial) - Industry Forecast 2024-2031


Report ID: UCMIG20D2165 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Non-Metal Electrical Conduit Market Insights

Market Overview:

The non-metal electrical conduit market was predicted to be worth USD 3 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of more than 8.1% from 2023 to 2032. Previous electric lighting setups used the gas pipelines that were already in place. They served as the fuel source for gas light fixtures that were later transformed into electric ones. Unfortunately, because rough interiors of gas pipes and fittings can harm electrical insulation, the majority of electric codes currently in use forbid routing electrical conductors via gas piping. The improvement of conventional gas pipe techniques and the rise in safety regulations are expected to fuel the growth of the worldwide electrical conduit market.

Non-Metal Electrical Conduit Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Electrical Components & Equipment by segment aggregation, the contribution of the Electrical Components & Equipment in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Segmentation Analysis:

The Non-Metal Electrical Conduit Market is segmented by Trade Size, Classification, End Use. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

Non-Metal Electrical Conduit Market Basis Point Share Analysis, 2021 Vs. 2028
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  • Based on Trade Size the market is segmented as, ½ to 1, 1 ¼ to 2, 2 ½ to 3, 3 to 4, 5 to 6, Others
  • Based on Classification the market is segmented as, Polyvinyl Chloride (PVC), Reinforced Thermosetting Resin (RTRC/FRE), Rigid Non-Metallic (RNC), Electrical Non-Metallic Tubing (ENT)
  • Based on End Use the market is segmented as, Residential, Commercial, Industrial, Utility, 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

Regional Analysis:

Non-Metal Electrical Conduit Market is being analyzed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analyzed considering various micro and macro trends.

Non-Metal Electrical Conduit Market Attractiveness Analysis, By Region 2020-2028
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Non-Metal Electrical Conduit Market : Risk Analysis

SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Non-Metal Electrical Conduit Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Non-Metal Electrical Conduit Market's supply chain, distribution, and total revenue growth.

Competitive landscaping:

To understand the competitive landscape, we are analyzing key Non-Metal Electrical Conduit Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Non-Metal Electrical Conduit Market.

To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces.

Key Players Covered in the Report:

  • lectrical Conduit Industry Analysis
  • Non-Metal Electrical Conduit Market size was valued at around USD 3 billion in 2022 and is estimated to register at a CAGR of over 8.1% between 2023 and 2032. The electrical conduit industry is experiencing significant growth due to increasing concerns regarding electrical supply problems, fire hazards, health risks, and operational safety. Developing economies are actively investing in the improvement of their electrical infrastructure and upgrading existing grid networks, creating a favorable business environment. Moreover, companies in the industry are continuously enhancing their product offerings and engaging in mergers and acquisitions to strengthen their market presence, leading to a promising outlook for the electrical conduit industry.
  • Non-metal electrical conduits are types of conduits used for the installation and protection of electrical wiring. Unlike traditional metal conduits, non-metal conduits are made from materials that are non-conductive and do not have metal components. These units are gaining a higher recognition owing to its numerous advantages over other alternatives. Non-metal conduits, such as PVC or HDPE, are non-conductive materials. Unlike metal conduits, they do not conduct electricity, which reduces the risk of electrical shocks and short circuits. This makes non-metal conduits safer for installations where electrical insulation is crucial. Moreover, these units are highly resistant to corrosion. They are not susceptible to rust, oxidation, or chemical degradation, making them ideal for installations in corrosive environments, outdoor settings, or areas with high moisture content, which complement its adoption. Furthermore, non-metal conduits are generally lighter in weight compared to metal conduits, making them easier to handle and install. They are also more flexible, allowing for easier bending and maneuvering around obstacles during installation, especially in confined spaces.
  • Non-Metal Electrical Conduit Market Report Coverage
  • Base Year: 2022
  • Market Size in 2022: USD 3.1 Billion
  • Forecast Period: 2023 to 2032
  • Forecast Period 2023 to 2032 CAGR: 8.1%
  • 2032 Value Projection: USD 6.9 Billion
  • Historical Data for: 2019 to 2022
  • No. of Pages: 320
  • Tables, Charts & Figures: 411
  • Segments covered: Trade Size, Classification, End Use
  • Growth Drivers:
  • Expansion of smart grid networks
  • Refurbishment & retrofit of the existing grid infrastructure
  • Rising peak load demand
  • Expansion of micro-grid networks
  • Increasing electricity demand
  • Integration of a sustainable energy infrastructure
  • For example, in high moisture-prone locations, cast resin dry-type transformers (CRT) are adopted. This is because its main and secondary coils are enclosed in epoxy resin. This coating prevents moisture from penetrating and damaging the winding substance. This cast resin enclosure offers complete protection, allowing the transformer to operate without interruption in high moisture-prone locations. As a result, this transformer is nonhygroscopic. This transformer is manufactured in ratings ranging from 25 KVA to 12,500 KVA and has an insulating class of 90oC temperature. This transformer offers certain distinct benefits. They are as follows: • Increased overload capacity.
  • • Minimal partial discharge as well as low loss. As a result, efficiency is quite high. • As with non-inflammable coil insulation, it poses no risk of fire. As a result, it is appropriate for interior installation.
  • • Can be installed outside in an IP 45 casing.
  • PITFALLS & CHALLENGES:
  • Slow-paced technological evolution across developing regions
  • Epoxy resin has inferior heat dissipation capability as contrasted to oil-immersed transformers. It is not as excellent as the oil radiator's heat dissipation efficiency, but its thermal conductivity is higher. A dry-type transformer's temperature monitoring is dependent on an intelligent temperature sensor implanted in the transformer structure, and its reading point is static, so the temperature acquired is the temperature of a specified spot. Because of the possibility of local heat accumulation, the temperature displayed by the screen is not the actual average temperature. The oil-immersed transformer's insulation fluid is less viscous, and heat flow is rather uniform. The temperature represented on the monitor is the average temperature. In comparison to the hardware compatibility and reusability of oil-immersed transformer insulation oil performance, the dry-type transformer covering is an epoxy resin integrated molding structure, with permanent performance degradation and aging and fault accumulation. This means, that if the transformer fails, it will be discarded as a whole. A dry-type transformer's production process is difficult, and the final cost is more than that of an oil-immersed transformer. Finally, when the oil-immersed transformer has been discarded, it may be dismantled and recycled into its original elements. However, the dry-type transformer waste apparatus has low recovery ability, and epoxy resin castings dry-type transformer cannot be salvaged at that moment.
  • COVID-19 Impact
  • The non-metal electrical conduit market has been significantly impacted by the COVID-19 pandemic. Supply chains across the globe have been disrupted, leading to shortages and delays in the manufacturing and delivery of conduit materials and associated components. The construction industry, which is a primary consumer of these units, has been heavily affected by the pandemic. Social distancing requirements, lockdown measures, and financial uncertainties have resulted in cancellations, project delays, and shifting priorities, consequently, declining the demand for non-metal electrical conduit products.
  • With ongoing efforts to resume non-essential activities and the successful rollout of effective vaccines to contain the virus, the non-metal electrical conduit market is expected to witness a recovery. Furthermore, the increasing demand for electricity in residential sectors has created a heightened requirement for efficient wiring and cables, thereby stimulating the growth of the electrical conduit market in the foreseeable future.
  • Non-Metal Electrical Conduit Market Trends
  • The non-metal electrical conduits industry is influenced by several notable trends that are shaping its growth and development. Rising adoption of PVC conduits is driving the market growth. These are widely adopted in the non-metal electrical conduits market due to their cost-effectiveness, ease of installation, and resistance to corrosion. The demand for PVC conduits is expected to continue to rise, driven by their advantages in residential, commercial, and industrial applications. There is an increasing focus on sustainability and environmental consciousness in the construction industry.
  • As a result, non-metal electrical conduits made from recycled or environmentally friendly materials are gaining traction. This trend aligns with the broader industry movement toward green building practices. In addition, fire safety is a critical consideration in electrical installations which is promoting the use of effective protection equipment including electrical conduits. Non-metal electrical conduits with flame-retardant properties are in high demand to enhance safety measures. Manufacturers are developing conduits with enhanced fire resistance and self-extinguishing capabilities to meet stringent safety requirements.
  • Non-Metal Electrical Conduit Trade Size Segmentation
  • The non-metal electrical conduits are available in various trade sizes including 1 ¼ to 2, ½ to 1, 2 ½ to 3, 5 to 6, 3 to 4, and others. The adoption of 2 ½ to 3 is rapidly increasing and is further anticipated to grow at a CAGR of over 7% through 2032. The increasing commercial expansion and refurbishment of small-scale industrial platforms in developing economies have played a crucial role in driving the demand for medium trade size conduits. These conduits are necessary for the installation and protection of electrical wiring in commercial buildings and industrial facilities. As these economies experience growth and modernization, there is a need to upgrade and expand existing infrastructure, which includes electrical distribution systems. This has resulted in a higher demand for medium trade size conduits to accommodate the growing electrical needs of these facilities.
  • Additionally, the migration of people to suburban areas has further complemented the growth in development of residential complexes and large multi-storey apartments. These developments require efficient electrical distribution networks to supply power to numerous units within the buildings. Medium trade size conduits are used in these applications to establish primary and secondary electric distribution networks, ensuring reliable power supply to residents. The construction of these residential complexes has created a significant demand for medium trade size conduits, further fueling the non-metal electrical conduit market demand.
  • Non-Metal Electrical Conduit Classification Segmentation
  • The non-metal electrical conduit market are available in a range of materials including PVC, Reinforced Thermosetting Resin (RTRC/FRE), Rigid Non-Metallic (RNC), and Electrical Non-Metallic Tubing (ENT). Polyvinyl Chloride (PVC) electrical conduits obtain the largest share in 2022 with over 75% of market deriving from the technology. These units are generally more affordable compared to other types of conduits, such as metal conduits. The lower cost of PVC conduits makes them a cost-effective choice for electrical installations, especially in large-scale projects or where budget constraints exist. PVC conduits are lightweight, making them easy to transport, handle, and install. The lightweight nature of PVC conduits simplifies the installation process, reduces labor requirements, and allows for faster completion of electrical projects. Furthermore, PVC is a non-conductive material, meaning it does not conduct electricity. PVC conduits provide excellent electrical insulation, reducing the risk of electrical shocks or short circuits. They offer a reliable and safe solution for routing electrical wiring and cables, thus augmenting its adoption across a wide range of applications.
  • Non-Metal Electrical Conduit End Use Segmentation
  • The non-metal electrical conduits find applications in various sectors, including industries, residential buildings, commercial establishments, and utilities. Among these sectors, the residential sector dominated the market in 2022, with a market value exceeding USD 1 billion. It is projected to surpass USD 2.4 billion by 2032. The continuous growth in residential construction activities has created a favorable environment for the non-metal electrical conduit industry. Residential properties prefer non-metal electrical conduits due to their ease of installation, easy adaptability for various wiring configurations, and their ability to navigate across tight spaces.
  • The residential sector is augmentatively focused on sustainable practices and energy efficiency, which involve the adoption of energy-efficient lighting, smart home systems, and renewable energy technologies. The integration of these technologies will drive the demand for effective and safe wiring systems in buildings, thus propelling the growth of the non-metal electrical conduit market. Additionally, the residential sector places great emphasis on safety standards and compliance with electrical codes. Non-metal electrical conduit systems provide an additional layer of protection for wiring, reducing the risks associated with electrical faults, fire hazards, and accidents. This ensures that homeowners are in compliance with safety requirements and building codes.
  • Non-Metal Electrical Conduit Regional Analysis
  • Asia Pacific non-metal electrical conduit market is projected to experience a CAGR of over 8.5% through 2032. This growth is driven by ongoing industrialization and commercialization in countries such as China, India, Japan, and others. These countries are heavily investing in infrastructure development projects, including transportation, energy, and telecommunications, which require extensive wiring and cabling, thereby boosting the demand for electrical conduits. The Asia Pacific region is renowned for its thriving manufacturing and industrial sectors. These sectors necessitate robust electrical infrastructure for efficient power distribution and machinery installations. Non-metal electrical conduit systems offer the necessary flexibility and protection required in these dynamic industrial environments, driving their demand in the region.
  • Furthermore, countries in the region are actively investing in renewable energy projects to reduce carbon emissions and meet emission targets. The installation of electrical conduits is essential for transmitting electricity from renewable sources to the grid or end-users. The growing emphasis on renewable energy contributes to the increased demand for non-metal electrical conduit systems. Governments across the Asia Pacific region are implementing favorable regulations and schemes to boost infrastructure development, ensuring safety standards for electrical equipment. These initiatives include the implementation of building codes mandating the exploitation of high-grade conduit systems. As a result, the demand for such products is expected to rise across the region in the coming years.
  • Non-Metal Electrical Conduit Industry Leaders
  • In the non-metal electrical conduit market, key players are strategically focusing on the development of advanced conduit units that offer highly reliable electrical infrastructure solutions. These companies are prioritizing innovation to meet the evolving needs of customers and the industry. Additionally, they are actively engaging in collaborations and securing supply contracts with wire and cable manufacturers as well as raw material suppliers. These strategic partnerships aim to enhance their competitive position in the market and ensure a robust supply chain to meet customer demands. Major participants in the non-metal electrical conduit industry include Wienerberger AG, HellermannTyton, ABB, Atkore, Anamet Electrical, Inc., legrand, Hubbell, Champion Fiberglass, Inc., Schneider Electric, Electri-Flex Company, CANTEX INC., Astral Limited, and Guangdong Ctube Industry Co., Ltd.
  • Non-Metal Electrical Conduit Industry News:
  • In May 2023, ABB has recently opened a cutting-edge distribution center in Pennsylvania, U.S., representing an investment of USD 4 million. This state-of-the-art facility is specifically designed to cater to the electrical needs of the Northeast region of the country. With a substantial inventory valued at USD 15 million, the center is well-equipped to meet the growing demand for dependable electrical products. By establishing this distribution center, ABB aims to enhance its market presence in the Northeast region and effectively address customer requirements, leading to an expanded customer base.
  • In November 2022, Atkore recently finalized the acquisition of assets from Elite Polymer Solutions, a renowned manufacturer of High Density Polyethylene (HDPE) conduits, for a purchase price of USD 91.6 million. This strategic acquisition by Atkore is set to strengthen their HDPE product portfolio, further solidifying their position in the market. Moreover, the acquisition will enable Atkore to broaden their national footprint and unlock new prospects for their products in industries such as utility, telecommunication, and transportation. This move aligns with Atkore's growth strategy and enhances their ability to serve a wider range of customers and applications.
  • Non-metal electrical conduit market research report includes an in-depth coverage of the industry with estimates & forecast in terms of USD Million from 2019 to 2032, for the following segments:
  • KEY MARKET SEGMENTS
  • By Trade Size
  • ½ to 1
  • 1 ¼ to 2
  • 2 ½ to 3
  • 3 to 4
  • 5 to 6
  • Others
  • By Classification
  • Polyvinyl Chloride (PVC)
  • Reinforced Thermosetting Resin (RTRC/FRE)
  • Rigid Non-Metallic (RNC)
  • Electrical Non-Metallic Tubing (ENT)
  • By End Use
  • Residential
  • Commercial
  • Industrial
  • Utility
  • 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

SkyQuest's Expertise:

The Non-Metal Electrical Conduit Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market.

Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement.

Scope Of Report

Report Attribute Details
The base year for estimation 2021
Historical data 2016 – 2022
Forecast period 2022 – 2028
Report coverage Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered
  • By Trade Size - ½ to 1, 1 ¼ to 2, 2 ½ to 3, 3 to 4, 5 to 6, Others
  • By Classification - Polyvinyl Chloride (PVC), Reinforced Thermosetting Resin (RTRC/FRE), Rigid Non-Metallic (RNC), Electrical Non-Metallic Tubing (ENT)
  • By End Use - Residential, Commercial, Industrial, Utility, 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
Regional scope North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
Country scope U.S., Canada, Germany, France, UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, South Africa
Key companies profiled
  • lectrical Conduit Industry Analysis
  • Non-Metal Electrical Conduit Market size was valued at around USD 3 billion in 2022 and is estimated to register at a CAGR of over 8.1% between 2023 and 2032. The electrical conduit industry is experiencing significant growth due to increasing concerns regarding electrical supply problems, fire hazards, health risks, and operational safety. Developing economies are actively investing in the improvement of their electrical infrastructure and upgrading existing grid networks, creating a favorable business environment. Moreover, companies in the industry are continuously enhancing their product offerings and engaging in mergers and acquisitions to strengthen their market presence, leading to a promising outlook for the electrical conduit industry.
  • Non-metal electrical conduits are types of conduits used for the installation and protection of electrical wiring. Unlike traditional metal conduits, non-metal conduits are made from materials that are non-conductive and do not have metal components. These units are gaining a higher recognition owing to its numerous advantages over other alternatives. Non-metal conduits, such as PVC or HDPE, are non-conductive materials. Unlike metal conduits, they do not conduct electricity, which reduces the risk of electrical shocks and short circuits. This makes non-metal conduits safer for installations where electrical insulation is crucial. Moreover, these units are highly resistant to corrosion. They are not susceptible to rust, oxidation, or chemical degradation, making them ideal for installations in corrosive environments, outdoor settings, or areas with high moisture content, which complement its adoption. Furthermore, non-metal conduits are generally lighter in weight compared to metal conduits, making them easier to handle and install. They are also more flexible, allowing for easier bending and maneuvering around obstacles during installation, especially in confined spaces.
  • Non-Metal Electrical Conduit Market Report Coverage
  • Base Year: 2022
  • Market Size in 2022: USD 3.1 Billion
  • Forecast Period: 2023 to 2032
  • Forecast Period 2023 to 2032 CAGR: 8.1%
  • 2032 Value Projection: USD 6.9 Billion
  • Historical Data for: 2019 to 2022
  • No. of Pages: 320
  • Tables, Charts & Figures: 411
  • Segments covered: Trade Size, Classification, End Use
  • Growth Drivers:
  • Expansion of smart grid networks
  • Refurbishment & retrofit of the existing grid infrastructure
  • Rising peak load demand
  • Expansion of micro-grid networks
  • Increasing electricity demand
  • Integration of a sustainable energy infrastructure
  • For example, in high moisture-prone locations, cast resin dry-type transformers (CRT) are adopted. This is because its main and secondary coils are enclosed in epoxy resin. This coating prevents moisture from penetrating and damaging the winding substance. This cast resin enclosure offers complete protection, allowing the transformer to operate without interruption in high moisture-prone locations. As a result, this transformer is nonhygroscopic. This transformer is manufactured in ratings ranging from 25 KVA to 12,500 KVA and has an insulating class of 90oC temperature. This transformer offers certain distinct benefits. They are as follows: • Increased overload capacity.
  • • Minimal partial discharge as well as low loss. As a result, efficiency is quite high. • As with non-inflammable coil insulation, it poses no risk of fire. As a result, it is appropriate for interior installation.
  • • Can be installed outside in an IP 45 casing.
  • PITFALLS & CHALLENGES:
  • Slow-paced technological evolution across developing regions
  • Epoxy resin has inferior heat dissipation capability as contrasted to oil-immersed transformers. It is not as excellent as the oil radiator's heat dissipation efficiency, but its thermal conductivity is higher. A dry-type transformer's temperature monitoring is dependent on an intelligent temperature sensor implanted in the transformer structure, and its reading point is static, so the temperature acquired is the temperature of a specified spot. Because of the possibility of local heat accumulation, the temperature displayed by the screen is not the actual average temperature. The oil-immersed transformer's insulation fluid is less viscous, and heat flow is rather uniform. The temperature represented on the monitor is the average temperature. In comparison to the hardware compatibility and reusability of oil-immersed transformer insulation oil performance, the dry-type transformer covering is an epoxy resin integrated molding structure, with permanent performance degradation and aging and fault accumulation. This means, that if the transformer fails, it will be discarded as a whole. A dry-type transformer's production process is difficult, and the final cost is more than that of an oil-immersed transformer. Finally, when the oil-immersed transformer has been discarded, it may be dismantled and recycled into its original elements. However, the dry-type transformer waste apparatus has low recovery ability, and epoxy resin castings dry-type transformer cannot be salvaged at that moment.
  • COVID-19 Impact
  • The non-metal electrical conduit market has been significantly impacted by the COVID-19 pandemic. Supply chains across the globe have been disrupted, leading to shortages and delays in the manufacturing and delivery of conduit materials and associated components. The construction industry, which is a primary consumer of these units, has been heavily affected by the pandemic. Social distancing requirements, lockdown measures, and financial uncertainties have resulted in cancellations, project delays, and shifting priorities, consequently, declining the demand for non-metal electrical conduit products.
  • With ongoing efforts to resume non-essential activities and the successful rollout of effective vaccines to contain the virus, the non-metal electrical conduit market is expected to witness a recovery. Furthermore, the increasing demand for electricity in residential sectors has created a heightened requirement for efficient wiring and cables, thereby stimulating the growth of the electrical conduit market in the foreseeable future.
  • Non-Metal Electrical Conduit Market Trends
  • The non-metal electrical conduits industry is influenced by several notable trends that are shaping its growth and development. Rising adoption of PVC conduits is driving the market growth. These are widely adopted in the non-metal electrical conduits market due to their cost-effectiveness, ease of installation, and resistance to corrosion. The demand for PVC conduits is expected to continue to rise, driven by their advantages in residential, commercial, and industrial applications. There is an increasing focus on sustainability and environmental consciousness in the construction industry.
  • As a result, non-metal electrical conduits made from recycled or environmentally friendly materials are gaining traction. This trend aligns with the broader industry movement toward green building practices. In addition, fire safety is a critical consideration in electrical installations which is promoting the use of effective protection equipment including electrical conduits. Non-metal electrical conduits with flame-retardant properties are in high demand to enhance safety measures. Manufacturers are developing conduits with enhanced fire resistance and self-extinguishing capabilities to meet stringent safety requirements.
  • Non-Metal Electrical Conduit Trade Size Segmentation
  • The non-metal electrical conduits are available in various trade sizes including 1 ¼ to 2, ½ to 1, 2 ½ to 3, 5 to 6, 3 to 4, and others. The adoption of 2 ½ to 3 is rapidly increasing and is further anticipated to grow at a CAGR of over 7% through 2032. The increasing commercial expansion and refurbishment of small-scale industrial platforms in developing economies have played a crucial role in driving the demand for medium trade size conduits. These conduits are necessary for the installation and protection of electrical wiring in commercial buildings and industrial facilities. As these economies experience growth and modernization, there is a need to upgrade and expand existing infrastructure, which includes electrical distribution systems. This has resulted in a higher demand for medium trade size conduits to accommodate the growing electrical needs of these facilities.
  • Additionally, the migration of people to suburban areas has further complemented the growth in development of residential complexes and large multi-storey apartments. These developments require efficient electrical distribution networks to supply power to numerous units within the buildings. Medium trade size conduits are used in these applications to establish primary and secondary electric distribution networks, ensuring reliable power supply to residents. The construction of these residential complexes has created a significant demand for medium trade size conduits, further fueling the non-metal electrical conduit market demand.
  • Non-Metal Electrical Conduit Classification Segmentation
  • The non-metal electrical conduit market are available in a range of materials including PVC, Reinforced Thermosetting Resin (RTRC/FRE), Rigid Non-Metallic (RNC), and Electrical Non-Metallic Tubing (ENT). Polyvinyl Chloride (PVC) electrical conduits obtain the largest share in 2022 with over 75% of market deriving from the technology. These units are generally more affordable compared to other types of conduits, such as metal conduits. The lower cost of PVC conduits makes them a cost-effective choice for electrical installations, especially in large-scale projects or where budget constraints exist. PVC conduits are lightweight, making them easy to transport, handle, and install. The lightweight nature of PVC conduits simplifies the installation process, reduces labor requirements, and allows for faster completion of electrical projects. Furthermore, PVC is a non-conductive material, meaning it does not conduct electricity. PVC conduits provide excellent electrical insulation, reducing the risk of electrical shocks or short circuits. They offer a reliable and safe solution for routing electrical wiring and cables, thus augmenting its adoption across a wide range of applications.
  • Non-Metal Electrical Conduit End Use Segmentation
  • The non-metal electrical conduits find applications in various sectors, including industries, residential buildings, commercial establishments, and utilities. Among these sectors, the residential sector dominated the market in 2022, with a market value exceeding USD 1 billion. It is projected to surpass USD 2.4 billion by 2032. The continuous growth in residential construction activities has created a favorable environment for the non-metal electrical conduit industry. Residential properties prefer non-metal electrical conduits due to their ease of installation, easy adaptability for various wiring configurations, and their ability to navigate across tight spaces.
  • The residential sector is augmentatively focused on sustainable practices and energy efficiency, which involve the adoption of energy-efficient lighting, smart home systems, and renewable energy technologies. The integration of these technologies will drive the demand for effective and safe wiring systems in buildings, thus propelling the growth of the non-metal electrical conduit market. Additionally, the residential sector places great emphasis on safety standards and compliance with electrical codes. Non-metal electrical conduit systems provide an additional layer of protection for wiring, reducing the risks associated with electrical faults, fire hazards, and accidents. This ensures that homeowners are in compliance with safety requirements and building codes.
  • Non-Metal Electrical Conduit Regional Analysis
  • Asia Pacific non-metal electrical conduit market is projected to experience a CAGR of over 8.5% through 2032. This growth is driven by ongoing industrialization and commercialization in countries such as China, India, Japan, and others. These countries are heavily investing in infrastructure development projects, including transportation, energy, and telecommunications, which require extensive wiring and cabling, thereby boosting the demand for electrical conduits. The Asia Pacific region is renowned for its thriving manufacturing and industrial sectors. These sectors necessitate robust electrical infrastructure for efficient power distribution and machinery installations. Non-metal electrical conduit systems offer the necessary flexibility and protection required in these dynamic industrial environments, driving their demand in the region.
  • Furthermore, countries in the region are actively investing in renewable energy projects to reduce carbon emissions and meet emission targets. The installation of electrical conduits is essential for transmitting electricity from renewable sources to the grid or end-users. The growing emphasis on renewable energy contributes to the increased demand for non-metal electrical conduit systems. Governments across the Asia Pacific region are implementing favorable regulations and schemes to boost infrastructure development, ensuring safety standards for electrical equipment. These initiatives include the implementation of building codes mandating the exploitation of high-grade conduit systems. As a result, the demand for such products is expected to rise across the region in the coming years.
  • Non-Metal Electrical Conduit Industry Leaders
  • In the non-metal electrical conduit market, key players are strategically focusing on the development of advanced conduit units that offer highly reliable electrical infrastructure solutions. These companies are prioritizing innovation to meet the evolving needs of customers and the industry. Additionally, they are actively engaging in collaborations and securing supply contracts with wire and cable manufacturers as well as raw material suppliers. These strategic partnerships aim to enhance their competitive position in the market and ensure a robust supply chain to meet customer demands. Major participants in the non-metal electrical conduit industry include Wienerberger AG, HellermannTyton, ABB, Atkore, Anamet Electrical, Inc., legrand, Hubbell, Champion Fiberglass, Inc., Schneider Electric, Electri-Flex Company, CANTEX INC., Astral Limited, and Guangdong Ctube Industry Co., Ltd.
  • Non-Metal Electrical Conduit Industry News:
  • In May 2023, ABB has recently opened a cutting-edge distribution center in Pennsylvania, U.S., representing an investment of USD 4 million. This state-of-the-art facility is specifically designed to cater to the electrical needs of the Northeast region of the country. With a substantial inventory valued at USD 15 million, the center is well-equipped to meet the growing demand for dependable electrical products. By establishing this distribution center, ABB aims to enhance its market presence in the Northeast region and effectively address customer requirements, leading to an expanded customer base.
  • In November 2022, Atkore recently finalized the acquisition of assets from Elite Polymer Solutions, a renowned manufacturer of High Density Polyethylene (HDPE) conduits, for a purchase price of USD 91.6 million. This strategic acquisition by Atkore is set to strengthen their HDPE product portfolio, further solidifying their position in the market. Moreover, the acquisition will enable Atkore to broaden their national footprint and unlock new prospects for their products in industries such as utility, telecommunication, and transportation. This move aligns with Atkore's growth strategy and enhances their ability to serve a wider range of customers and applications.
  • Non-metal electrical conduit market research report includes an in-depth coverage of the industry with estimates & forecast in terms of USD Million from 2019 to 2032, for the following segments:
  • KEY MARKET SEGMENTS
  • By Trade Size
  • ½ to 1
  • 1 ¼ to 2
  • 2 ½ to 3
  • 3 to 4
  • 5 to 6
  • Others
  • By Classification
  • Polyvinyl Chloride (PVC)
  • Reinforced Thermosetting Resin (RTRC/FRE)
  • Rigid Non-Metallic (RNC)
  • Electrical Non-Metallic Tubing (ENT)
  • By End Use
  • Residential
  • Commercial
  • Industrial
  • Utility
  • 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
Customization scope Free report customization (15% Free customization) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Reap the benefits of customized purchase options to fit your specific research requirements.

Objectives of the Study

  • To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
  • To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
  • To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
  • To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
  • To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
  • To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

What does this Report Deliver?

  • Market Estimation for 20+ Countries
  • Historical data coverage: 2016 to 2022
  • Growth projections: 2022 to 2028
  • SkyQuest's premium market insights: Innovation matrix, IP analysis, Production Analysis, Value chain analysis, Technological trends, and Trade analysis
  • Customization on Segments, Regions, and Company Profiles
  • 100+ tables, 150+ Figures, 10+ matrix
  • Global and Country Market Trends
  • Comprehensive Mapping of Industry Parameters
  • Attractive Investment Proposition
  • Competitive Strategies Adopted by Leading Market Participants
  • Market drivers, restraints, opportunities, and its impact on the market
  • Regulatory scenario, regional dynamics, and insights of leading countries in each region
  • Segment trends analysis, opportunity, and growth
  • Opportunity analysis by region and country
  • Porter's five force analysis to know the market's condition
  • Pricing analysis
  • Parent market analysis
  • Product portfolio benchmarking

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Non-Metal Electrical Conduit Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Non-Metal Electrical Conduit Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)
  • lectrical Conduit Industry Analysis
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit Market size was valued at around USD 3 billion in 2022 and is estimated to register at a CAGR of over 8.1% between 2023 and 2032. The electrical conduit industry is experiencing significant growth due to increasing concerns regarding electrical supply problems, fire hazards, health risks, and operational safety. Developing economies are actively investing in the improvement of their electrical infrastructure and upgrading existing grid networks, creating a favorable business environment. Moreover, companies in the industry are continuously enhancing their product offerings and engaging in mergers and acquisitions to strengthen their market presence, leading to a promising outlook for the electrical conduit industry.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-metal electrical conduits are types of conduits used for the installation and protection of electrical wiring. Unlike traditional metal conduits, non-metal conduits are made from materials that are non-conductive and do not have metal components. These units are gaining a higher recognition owing to its numerous advantages over other alternatives. Non-metal conduits, such as PVC or HDPE, are non-conductive materials. Unlike metal conduits, they do not conduct electricity, which reduces the risk of electrical shocks and short circuits. This makes non-metal conduits safer for installations where electrical insulation is crucial. Moreover, these units are highly resistant to corrosion. They are not susceptible to rust, oxidation, or chemical degradation, making them ideal for installations in corrosive environments, outdoor settings, or areas with high moisture content, which complement its adoption. Furthermore, non-metal conduits are generally lighter in weight compared to metal conduits, making them easier to handle and install. They are also more flexible, allowing for easier bending and maneuvering around obstacles during installation, especially in confined spaces.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit Market Report Coverage
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Base Year: 2022
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Market Size in 2022: USD 3.1 Billion
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Forecast Period: 2023 to 2032
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Forecast Period 2023 to 2032 CAGR: 8.1%
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • 2032 Value Projection: USD 6.9 Billion
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Historical Data for: 2019 to 2022
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • No. of Pages: 320
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Tables, Charts & Figures: 411
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Segments covered: Trade Size, Classification, End Use
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Growth Drivers:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Expansion of smart grid networks
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Refurbishment & retrofit of the existing grid infrastructure
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rising peak load demand
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Expansion of micro-grid networks
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Increasing electricity demand
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Integration of a sustainable energy infrastructure
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • For example, in high moisture-prone locations, cast resin dry-type transformers (CRT) are adopted. This is because its main and secondary coils are enclosed in epoxy resin. This coating prevents moisture from penetrating and damaging the winding substance. This cast resin enclosure offers complete protection, allowing the transformer to operate without interruption in high moisture-prone locations. As a result, this transformer is nonhygroscopic. This transformer is manufactured in ratings ranging from 25 KVA to 12,500 KVA and has an insulating class of 90oC temperature. This transformer offers certain distinct benefits. They are as follows: • Increased overload capacity.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • • Minimal partial discharge as well as low loss. As a result, efficiency is quite high. • As with non-inflammable coil insulation, it poses no risk of fire. As a result, it is appropriate for interior installation.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • • Can be installed outside in an IP 45 casing.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • PITFALLS & CHALLENGES:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Slow-paced technological evolution across developing regions
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Epoxy resin has inferior heat dissipation capability as contrasted to oil-immersed transformers. It is not as excellent as the oil radiator's heat dissipation efficiency, but its thermal conductivity is higher. A dry-type transformer's temperature monitoring is dependent on an intelligent temperature sensor implanted in the transformer structure, and its reading point is static, so the temperature acquired is the temperature of a specified spot. Because of the possibility of local heat accumulation, the temperature displayed by the screen is not the actual average temperature. The oil-immersed transformer's insulation fluid is less viscous, and heat flow is rather uniform. The temperature represented on the monitor is the average temperature. In comparison to the hardware compatibility and reusability of oil-immersed transformer insulation oil performance, the dry-type transformer covering is an epoxy resin integrated molding structure, with permanent performance degradation and aging and fault accumulation. This means, that if the transformer fails, it will be discarded as a whole. A dry-type transformer's production process is difficult, and the final cost is more than that of an oil-immersed transformer. Finally, when the oil-immersed transformer has been discarded, it may be dismantled and recycled into its original elements. However, the dry-type transformer waste apparatus has low recovery ability, and epoxy resin castings dry-type transformer cannot be salvaged at that moment.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • COVID-19 Impact
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The non-metal electrical conduit market has been significantly impacted by the COVID-19 pandemic. Supply chains across the globe have been disrupted, leading to shortages and delays in the manufacturing and delivery of conduit materials and associated components. The construction industry, which is a primary consumer of these units, has been heavily affected by the pandemic. Social distancing requirements, lockdown measures, and financial uncertainties have resulted in cancellations, project delays, and shifting priorities, consequently, declining the demand for non-metal electrical conduit products.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • With ongoing efforts to resume non-essential activities and the successful rollout of effective vaccines to contain the virus, the non-metal electrical conduit market is expected to witness a recovery. Furthermore, the increasing demand for electricity in residential sectors has created a heightened requirement for efficient wiring and cables, thereby stimulating the growth of the electrical conduit market in the foreseeable future.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit Market Trends
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The non-metal electrical conduits industry is influenced by several notable trends that are shaping its growth and development. Rising adoption of PVC conduits is driving the market growth. These are widely adopted in the non-metal electrical conduits market due to their cost-effectiveness, ease of installation, and resistance to corrosion. The demand for PVC conduits is expected to continue to rise, driven by their advantages in residential, commercial, and industrial applications. There is an increasing focus on sustainability and environmental consciousness in the construction industry.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • As a result, non-metal electrical conduits made from recycled or environmentally friendly materials are gaining traction. This trend aligns with the broader industry movement toward green building practices. In addition, fire safety is a critical consideration in electrical installations which is promoting the use of effective protection equipment including electrical conduits. Non-metal electrical conduits with flame-retardant properties are in high demand to enhance safety measures. Manufacturers are developing conduits with enhanced fire resistance and self-extinguishing capabilities to meet stringent safety requirements.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit Trade Size Segmentation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The non-metal electrical conduits are available in various trade sizes including 1 ¼ to 2, ½ to 1, 2 ½ to 3, 5 to 6, 3 to 4, and others. The adoption of 2 ½ to 3 is rapidly increasing and is further anticipated to grow at a CAGR of over 7% through 2032. The increasing commercial expansion and refurbishment of small-scale industrial platforms in developing economies have played a crucial role in driving the demand for medium trade size conduits. These conduits are necessary for the installation and protection of electrical wiring in commercial buildings and industrial facilities. As these economies experience growth and modernization, there is a need to upgrade and expand existing infrastructure, which includes electrical distribution systems. This has resulted in a higher demand for medium trade size conduits to accommodate the growing electrical needs of these facilities.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Additionally, the migration of people to suburban areas has further complemented the growth in development of residential complexes and large multi-storey apartments. These developments require efficient electrical distribution networks to supply power to numerous units within the buildings. Medium trade size conduits are used in these applications to establish primary and secondary electric distribution networks, ensuring reliable power supply to residents. The construction of these residential complexes has created a significant demand for medium trade size conduits, further fueling the non-metal electrical conduit market demand.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit Classification Segmentation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The non-metal electrical conduit market are available in a range of materials including PVC, Reinforced Thermosetting Resin (RTRC/FRE), Rigid Non-Metallic (RNC), and Electrical Non-Metallic Tubing (ENT). Polyvinyl Chloride (PVC) electrical conduits obtain the largest share in 2022 with over 75% of market deriving from the technology. These units are generally more affordable compared to other types of conduits, such as metal conduits. The lower cost of PVC conduits makes them a cost-effective choice for electrical installations, especially in large-scale projects or where budget constraints exist. PVC conduits are lightweight, making them easy to transport, handle, and install. The lightweight nature of PVC conduits simplifies the installation process, reduces labor requirements, and allows for faster completion of electrical projects. Furthermore, PVC is a non-conductive material, meaning it does not conduct electricity. PVC conduits provide excellent electrical insulation, reducing the risk of electrical shocks or short circuits. They offer a reliable and safe solution for routing electrical wiring and cables, thus augmenting its adoption across a wide range of applications.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit End Use Segmentation
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The non-metal electrical conduits find applications in various sectors, including industries, residential buildings, commercial establishments, and utilities. Among these sectors, the residential sector dominated the market in 2022, with a market value exceeding USD 1 billion. It is projected to surpass USD 2.4 billion by 2032. The continuous growth in residential construction activities has created a favorable environment for the non-metal electrical conduit industry. Residential properties prefer non-metal electrical conduits due to their ease of installation, easy adaptability for various wiring configurations, and their ability to navigate across tight spaces.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • The residential sector is augmentatively focused on sustainable practices and energy efficiency, which involve the adoption of energy-efficient lighting, smart home systems, and renewable energy technologies. The integration of these technologies will drive the demand for effective and safe wiring systems in buildings, thus propelling the growth of the non-metal electrical conduit market. Additionally, the residential sector places great emphasis on safety standards and compliance with electrical codes. Non-metal electrical conduit systems provide an additional layer of protection for wiring, reducing the risks associated with electrical faults, fire hazards, and accidents. This ensures that homeowners are in compliance with safety requirements and building codes.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit Regional Analysis
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Asia Pacific non-metal electrical conduit market is projected to experience a CAGR of over 8.5% through 2032. This growth is driven by ongoing industrialization and commercialization in countries such as China, India, Japan, and others. These countries are heavily investing in infrastructure development projects, including transportation, energy, and telecommunications, which require extensive wiring and cabling, thereby boosting the demand for electrical conduits. The Asia Pacific region is renowned for its thriving manufacturing and industrial sectors. These sectors necessitate robust electrical infrastructure for efficient power distribution and machinery installations. Non-metal electrical conduit systems offer the necessary flexibility and protection required in these dynamic industrial environments, driving their demand in the region.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Furthermore, countries in the region are actively investing in renewable energy projects to reduce carbon emissions and meet emission targets. The installation of electrical conduits is essential for transmitting electricity from renewable sources to the grid or end-users. The growing emphasis on renewable energy contributes to the increased demand for non-metal electrical conduit systems. Governments across the Asia Pacific region are implementing favorable regulations and schemes to boost infrastructure development, ensuring safety standards for electrical equipment. These initiatives include the implementation of building codes mandating the exploitation of high-grade conduit systems. As a result, the demand for such products is expected to rise across the region in the coming years.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit Industry Leaders
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In the non-metal electrical conduit market, key players are strategically focusing on the development of advanced conduit units that offer highly reliable electrical infrastructure solutions. These companies are prioritizing innovation to meet the evolving needs of customers and the industry. Additionally, they are actively engaging in collaborations and securing supply contracts with wire and cable manufacturers as well as raw material suppliers. These strategic partnerships aim to enhance their competitive position in the market and ensure a robust supply chain to meet customer demands. Major participants in the non-metal electrical conduit industry include Wienerberger AG, HellermannTyton, ABB, Atkore, Anamet Electrical, Inc., legrand, Hubbell, Champion Fiberglass, Inc., Schneider Electric, Electri-Flex Company, CANTEX INC., Astral Limited, and Guangdong Ctube Industry Co., Ltd.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-Metal Electrical Conduit Industry News:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In May 2023, ABB has recently opened a cutting-edge distribution center in Pennsylvania, U.S., representing an investment of USD 4 million. This state-of-the-art facility is specifically designed to cater to the electrical needs of the Northeast region of the country. With a substantial inventory valued at USD 15 million, the center is well-equipped to meet the growing demand for dependable electrical products. By establishing this distribution center, ABB aims to enhance its market presence in the Northeast region and effectively address customer requirements, leading to an expanded customer base.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • In November 2022, Atkore recently finalized the acquisition of assets from Elite Polymer Solutions, a renowned manufacturer of High Density Polyethylene (HDPE) conduits, for a purchase price of USD 91.6 million. This strategic acquisition by Atkore is set to strengthen their HDPE product portfolio, further solidifying their position in the market. Moreover, the acquisition will enable Atkore to broaden their national footprint and unlock new prospects for their products in industries such as utility, telecommunication, and transportation. This move aligns with Atkore's growth strategy and enhances their ability to serve a wider range of customers and applications.
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Non-metal electrical conduit market research report includes an in-depth coverage of the industry with estimates & forecast in terms of USD Million from 2019 to 2032, for the following segments:
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • KEY MARKET SEGMENTS
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Trade Size
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • ½ to 1
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • 1 ¼ to 2
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • 2 ½ to 3
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • 3 to 4
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • 5 to 6
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Others
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • By Classification
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Polyvinyl Chloride (PVC)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Reinforced Thermosetting Resin (RTRC/FRE)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Rigid Non-Metallic (RNC)
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
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  • Electrical Non-Metallic Tubing (ENT)
    • Exhibit Company Overview
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  • By End Use
    • Exhibit Company Overview
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  • Residential
    • Exhibit Company Overview
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  • Commercial
    • Exhibit Company Overview
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  • Industrial
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  • Utility
    • Exhibit Company Overview
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  • The above information has been provided for the following regions and countries:
    • Exhibit Company Overview
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  • North America
    • Exhibit Company Overview
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  • U.S.
    • Exhibit Company Overview
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  • Canada
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • Mexico
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Europe
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • France
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • Germany
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • Italy
    • Exhibit Company Overview
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  • UK
    • Exhibit Company Overview
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  • Russia
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • Asia Pacific
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
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    • Exhibit Key Developments
  • China
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
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    • Exhibit Key Developments
  • India
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • Japan
    • Exhibit Company Overview
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  • South Korea
    • Exhibit Company Overview
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  • Australia
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • Middle East & Africa
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • Saudi Arabia
    • Exhibit Company Overview
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    • Exhibit Key Developments
  • UAE
    • Exhibit Company Overview
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    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Qatar
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
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    • Exhibit Key Developments
  • South Africa
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Latin America
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
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    • Exhibit Key Developments
  • Brazil
    • Exhibit Company Overview
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    • Exhibit Financial Updates
    • Exhibit Key Developments
  • Argentina
    • Exhibit Company Overview
    • Exhibit Business Segment Overview
    • Exhibit Financial Updates
    • Exhibit Key Developments

Methodology

For the Non-Metal Electrical Conduit Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Non-Metal Electrical Conduit Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Non-Metal Electrical Conduit Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Non-Metal Electrical Conduit Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

The market for Non-Metal Electrical Conduit was estimated to be valued at US$ XX Mn in 2021.

The Non-Metal Electrical Conduit Market is estimated to grow at a CAGR of XX% by 2028.

The Non-Metal Electrical Conduit Market is segmented on the basis of Trade Size, Classification, End Use.

Based on region, the Non-Metal Electrical Conduit Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Non-Metal Electrical Conduit Market are lectrical Conduit Industry Analysis , Non-Metal Electrical Conduit Market size was valued at around USD 3 billion in 2022 and is estimated to register at a CAGR of over 8.1% between 2023 and 2032. The electrical conduit industry is experiencing significant growth due to increasing concerns regarding electrical supply problems, fire hazards, health risks, and operational safety. Developing economies are actively investing in the improvement of their electrical infrastructure and upgrading existing grid networks, creating a favorable business environment. Moreover, companies in the industry are continuously enhancing their product offerings and engaging in mergers and acquisitions to strengthen their market presence, leading to a promising outlook for the electrical conduit industry. , Non-metal electrical conduits are types of conduits used for the installation and protection of electrical wiring. Unlike traditional metal conduits, non-metal conduits are made from materials that are non-conductive and do not have metal components. These units are gaining a higher recognition owing to its numerous advantages over other alternatives. Non-metal conduits, such as PVC or HDPE, are non-conductive materials. Unlike metal conduits, they do not conduct electricity, which reduces the risk of electrical shocks and short circuits. This makes non-metal conduits safer for installations where electrical insulation is crucial. Moreover, these units are highly resistant to corrosion. They are not susceptible to rust, oxidation, or chemical degradation, making them ideal for installations in corrosive environments, outdoor settings, or areas with high moisture content, which complement its adoption. Furthermore, non-metal conduits are generally lighter in weight compared to metal conduits, making them easier to handle and install. They are also more flexible, allowing for easier bending and maneuvering around obstacles during installation, especially in confined spaces. , Non-Metal Electrical Conduit Market Report Coverage , Base Year: 2022 , Market Size in 2022: USD 3.1 Billion , Forecast Period: 2023 to 2032 , Forecast Period 2023 to 2032 CAGR: 8.1% , 2032 Value Projection: USD 6.9 Billion , Historical Data for: 2019 to 2022 , No. of Pages: 320 , Tables, Charts & Figures: 411 , Segments covered: Trade Size, Classification, End Use , Growth Drivers: , Expansion of smart grid networks , Refurbishment & retrofit of the existing grid infrastructure , Rising peak load demand , Expansion of micro-grid networks , Increasing electricity demand , Integration of a sustainable energy infrastructure , For example, in high moisture-prone locations, cast resin dry-type transformers (CRT) are adopted. This is because its main and secondary coils are enclosed in epoxy resin. This coating prevents moisture from penetrating and damaging the winding substance. This cast resin enclosure offers complete protection, allowing the transformer to operate without interruption in high moisture-prone locations. As a result, this transformer is nonhygroscopic. This transformer is manufactured in ratings ranging from 25 KVA to 12,500 KVA and has an insulating class of 90oC temperature. This transformer offers certain distinct benefits. They are as follows: • Increased overload capacity. , • Minimal partial discharge as well as low loss. As a result, efficiency is quite high. • As with non-inflammable coil insulation, it poses no risk of fire. As a result, it is appropriate for interior installation. , • Can be installed outside in an IP 45 casing. , PITFALLS & CHALLENGES: , Slow-paced technological evolution across developing regions , Epoxy resin has inferior heat dissipation capability as contrasted to oil-immersed transformers. It is not as excellent as the oil radiator's heat dissipation efficiency, but its thermal conductivity is higher. A dry-type transformer's temperature monitoring is dependent on an intelligent temperature sensor implanted in the transformer structure, and its reading point is static, so the temperature acquired is the temperature of a specified spot. Because of the possibility of local heat accumulation, the temperature displayed by the screen is not the actual average temperature. The oil-immersed transformer's insulation fluid is less viscous, and heat flow is rather uniform. The temperature represented on the monitor is the average temperature. In comparison to the hardware compatibility and reusability of oil-immersed transformer insulation oil performance, the dry-type transformer covering is an epoxy resin integrated molding structure, with permanent performance degradation and aging and fault accumulation. This means, that if the transformer fails, it will be discarded as a whole. A dry-type transformer's production process is difficult, and the final cost is more than that of an oil-immersed transformer. Finally, when the oil-immersed transformer has been discarded, it may be dismantled and recycled into its original elements. However, the dry-type transformer waste apparatus has low recovery ability, and epoxy resin castings dry-type transformer cannot be salvaged at that moment. , COVID-19 Impact , The non-metal electrical conduit market has been significantly impacted by the COVID-19 pandemic. Supply chains across the globe have been disrupted, leading to shortages and delays in the manufacturing and delivery of conduit materials and associated components. The construction industry, which is a primary consumer of these units, has been heavily affected by the pandemic. Social distancing requirements, lockdown measures, and financial uncertainties have resulted in cancellations, project delays, and shifting priorities, consequently, declining the demand for non-metal electrical conduit products. , With ongoing efforts to resume non-essential activities and the successful rollout of effective vaccines to contain the virus, the non-metal electrical conduit market is expected to witness a recovery. Furthermore, the increasing demand for electricity in residential sectors has created a heightened requirement for efficient wiring and cables, thereby stimulating the growth of the electrical conduit market in the foreseeable future. , Non-Metal Electrical Conduit Market Trends , The non-metal electrical conduits industry is influenced by several notable trends that are shaping its growth and development. Rising adoption of PVC conduits is driving the market growth. These are widely adopted in the non-metal electrical conduits market due to their cost-effectiveness, ease of installation, and resistance to corrosion. The demand for PVC conduits is expected to continue to rise, driven by their advantages in residential, commercial, and industrial applications. There is an increasing focus on sustainability and environmental consciousness in the construction industry. , As a result, non-metal electrical conduits made from recycled or environmentally friendly materials are gaining traction. This trend aligns with the broader industry movement toward green building practices. In addition, fire safety is a critical consideration in electrical installations which is promoting the use of effective protection equipment including electrical conduits. Non-metal electrical conduits with flame-retardant properties are in high demand to enhance safety measures. Manufacturers are developing conduits with enhanced fire resistance and self-extinguishing capabilities to meet stringent safety requirements. , Non-Metal Electrical Conduit Trade Size Segmentation , The non-metal electrical conduits are available in various trade sizes including 1 ¼ to 2, ½ to 1, 2 ½ to 3, 5 to 6, 3 to 4, and others. The adoption of 2 ½ to 3 is rapidly increasing and is further anticipated to grow at a CAGR of over 7% through 2032. The increasing commercial expansion and refurbishment of small-scale industrial platforms in developing economies have played a crucial role in driving the demand for medium trade size conduits. These conduits are necessary for the installation and protection of electrical wiring in commercial buildings and industrial facilities. As these economies experience growth and modernization, there is a need to upgrade and expand existing infrastructure, which includes electrical distribution systems. This has resulted in a higher demand for medium trade size conduits to accommodate the growing electrical needs of these facilities. , Additionally, the migration of people to suburban areas has further complemented the growth in development of residential complexes and large multi-storey apartments. These developments require efficient electrical distribution networks to supply power to numerous units within the buildings. Medium trade size conduits are used in these applications to establish primary and secondary electric distribution networks, ensuring reliable power supply to residents. The construction of these residential complexes has created a significant demand for medium trade size conduits, further fueling the non-metal electrical conduit market demand. , Non-Metal Electrical Conduit Classification Segmentation , The non-metal electrical conduit market are available in a range of materials including PVC, Reinforced Thermosetting Resin (RTRC/FRE), Rigid Non-Metallic (RNC), and Electrical Non-Metallic Tubing (ENT). Polyvinyl Chloride (PVC) electrical conduits obtain the largest share in 2022 with over 75% of market deriving from the technology. These units are generally more affordable compared to other types of conduits, such as metal conduits. The lower cost of PVC conduits makes them a cost-effective choice for electrical installations, especially in large-scale projects or where budget constraints exist. PVC conduits are lightweight, making them easy to transport, handle, and install. The lightweight nature of PVC conduits simplifies the installation process, reduces labor requirements, and allows for faster completion of electrical projects. Furthermore, PVC is a non-conductive material, meaning it does not conduct electricity. PVC conduits provide excellent electrical insulation, reducing the risk of electrical shocks or short circuits. They offer a reliable and safe solution for routing electrical wiring and cables, thus augmenting its adoption across a wide range of applications. , Non-Metal Electrical Conduit End Use Segmentation , The non-metal electrical conduits find applications in various sectors, including industries, residential buildings, commercial establishments, and utilities. Among these sectors, the residential sector dominated the market in 2022, with a market value exceeding USD 1 billion. It is projected to surpass USD 2.4 billion by 2032. The continuous growth in residential construction activities has created a favorable environment for the non-metal electrical conduit industry. Residential properties prefer non-metal electrical conduits due to their ease of installation, easy adaptability for various wiring configurations, and their ability to navigate across tight spaces. , The residential sector is augmentatively focused on sustainable practices and energy efficiency, which involve the adoption of energy-efficient lighting, smart home systems, and renewable energy technologies. The integration of these technologies will drive the demand for effective and safe wiring systems in buildings, thus propelling the growth of the non-metal electrical conduit market. Additionally, the residential sector places great emphasis on safety standards and compliance with electrical codes. Non-metal electrical conduit systems provide an additional layer of protection for wiring, reducing the risks associated with electrical faults, fire hazards, and accidents. This ensures that homeowners are in compliance with safety requirements and building codes. , Non-Metal Electrical Conduit Regional Analysis , Asia Pacific non-metal electrical conduit market is projected to experience a CAGR of over 8.5% through 2032. This growth is driven by ongoing industrialization and commercialization in countries such as China, India, Japan, and others. These countries are heavily investing in infrastructure development projects, including transportation, energy, and telecommunications, which require extensive wiring and cabling, thereby boosting the demand for electrical conduits. The Asia Pacific region is renowned for its thriving manufacturing and industrial sectors. These sectors necessitate robust electrical infrastructure for efficient power distribution and machinery installations. Non-metal electrical conduit systems offer the necessary flexibility and protection required in these dynamic industrial environments, driving their demand in the region. , Furthermore, countries in the region are actively investing in renewable energy projects to reduce carbon emissions and meet emission targets. The installation of electrical conduits is essential for transmitting electricity from renewable sources to the grid or end-users. The growing emphasis on renewable energy contributes to the increased demand for non-metal electrical conduit systems. Governments across the Asia Pacific region are implementing favorable regulations and schemes to boost infrastructure development, ensuring safety standards for electrical equipment. These initiatives include the implementation of building codes mandating the exploitation of high-grade conduit systems. As a result, the demand for such products is expected to rise across the region in the coming years. , Non-Metal Electrical Conduit Industry Leaders , In the non-metal electrical conduit market, key players are strategically focusing on the development of advanced conduit units that offer highly reliable electrical infrastructure solutions. These companies are prioritizing innovation to meet the evolving needs of customers and the industry. Additionally, they are actively engaging in collaborations and securing supply contracts with wire and cable manufacturers as well as raw material suppliers. These strategic partnerships aim to enhance their competitive position in the market and ensure a robust supply chain to meet customer demands. Major participants in the non-metal electrical conduit industry include Wienerberger AG, HellermannTyton, ABB, Atkore, Anamet Electrical, Inc., legrand, Hubbell, Champion Fiberglass, Inc., Schneider Electric, Electri-Flex Company, CANTEX INC., Astral Limited, and Guangdong Ctube Industry Co., Ltd. , Non-Metal Electrical Conduit Industry News: , In May 2023, ABB has recently opened a cutting-edge distribution center in Pennsylvania, U.S., representing an investment of USD 4 million. This state-of-the-art facility is specifically designed to cater to the electrical needs of the Northeast region of the country. With a substantial inventory valued at USD 15 million, the center is well-equipped to meet the growing demand for dependable electrical products. By establishing this distribution center, ABB aims to enhance its market presence in the Northeast region and effectively address customer requirements, leading to an expanded customer base. , In November 2022, Atkore recently finalized the acquisition of assets from Elite Polymer Solutions, a renowned manufacturer of High Density Polyethylene (HDPE) conduits, for a purchase price of USD 91.6 million. This strategic acquisition by Atkore is set to strengthen their HDPE product portfolio, further solidifying their position in the market. Moreover, the acquisition will enable Atkore to broaden their national footprint and unlock new prospects for their products in industries such as utility, telecommunication, and transportation. This move aligns with Atkore's growth strategy and enhances their ability to serve a wider range of customers and applications. , Non-metal electrical conduit market research report includes an in-depth coverage of the industry with estimates & forecast in terms of USD Million from 2019 to 2032, for the following segments: , KEY MARKET SEGMENTS , By Trade Size , ½ to 1 , 1 ¼ to 2 , 2 ½ to 3 , 3 to 4 , 5 to 6 , Others , By Classification , Polyvinyl Chloride (PVC) , Reinforced Thermosetting Resin (RTRC/FRE) , Rigid Non-Metallic (RNC) , Electrical Non-Metallic Tubing (ENT) , By End Use , Residential , Commercial , Industrial , Utility , 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.

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