Global Plastic Conduit Market Size study, by Type, by Material (Polyvinyl Chloride, High Density Polyethylene, Polypropylene, Others), by Industry Vertical, and Regional Forecasts 2022-2032

Description

Global Plastic Conduit Market is valued at approximately USD 21.44 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2024-2032. Plastic conduits, integral to a variety of industry verticals such as construction, manufacturing, telecommunication, and agriculture, are conduits made from plastic material used primarily to protect and route electrical wiring. The recent advances in manufacturing techniques have significantly enhanced the ability of plastic conduits to resist chemicals and other potentially corrosive substances, broadening their applicability in harsh environments. The demand for plastic conduits is on the rise, particularly in applications requiring the safe and efficient routing of electrical wires in buildings, which drives the market growth globally. The increased focus on developing safer wiring systems, coupled with the expanding commercial construction sector, provides lucrative opportunities for market expansion.

The Global Plastic Conduit Market is propelled by several key factors. The growing need for secure and safe wiring systems in both residential and commercial buildings is a major driver. Traditional wiring systems often encounter issues such as insulation damage due to friction, which is effectively addressed by plastic conduits, thereby driving their adoption. Additionally, the rise in commercial construction activities, spurred by increasing entrepreneurship and the subsequent demand for robust electrical infrastructure, further fuels market growth. However, the market faces challenges, including the high installation costs associated with conduits, particularly optical fiber cables, which may deter consumers from adopting these advanced technologies.

The key regions considered for the Global Plastic Conduit Market study include Asia Pacific, North America, Europe, Latin America, Middle East & Africa, and Rest of the World. North America is a dominating region in the Global Plastic Conduit Market in terms of revenue. The market growth in the region is being attributed to factors including its well-established infrastructure, robust construction industry, and stringent safety regulations that favor the use of plastic conduits for electrical wiring and cable protection. The region's advanced technological landscape and high demand for residential, commercial, and industrial construction further bolster its leading position. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by rapid urbanization, increasing construction activities, and significant investments in infrastructure development in emerging economies like China and India. The region's expanding telecommunications sector, coupled with government initiatives for smart city projects, also contributes to its accelerated growth in the plastic conduit market.

Major market player included in this report are:

CANTEX INC.
Precision Plastic Industries Pvt. Ltd.
DURA-LINE HOLDING, INC.
National Pipe and Plastic Inc.
Conduit Pipe Products, Co.
AKG GROUP
BEC Conduits Pvt. Ltd.
PRIME CONDUIT
Eaton
ATKORE INTERNATIONAL
Sanco Industries Ltd.
International Metal Hose Company
Premier Conduit Inc.
Zekelman Industries Inc.
Pipelife International GmbH

The detailed segments and sub-segment of the market are explained below:

By Type

Rigid Conduits
Flexible Conduits

By Material

Polyvinyl Chloride (PVC)
High Density Polyethylene (HDPE)
Polypropylene (PP)
Others

By Industry Vertical

Manufacturing
Construction
IT & Telecom
Healthcare
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Plastic Conduit Market Executive Summary

1.1. Global Plastic Conduit Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Material
- 1.3.3. By Industry Vertical
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Plastic Conduit Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Plastic Conduit Market Dynamics

3.1. Market Drivers
- 3.1.1. Growth in Demand for Secure and Safe Wiring Systems
- 3.1.2. Rise in Commercial Construction Activities
3.2. Market Challenges
- 3.2.1. High Installation Costs
- 3.2.2. Complexity in Installation Processes
3.3. Market Opportunities
- 3.3.1. Expansion in Emerging Markets
- 3.3.2. Advancements in Conduit Materials

Chapter 4. Global Plastic Conduit Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Plastic Conduit Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Plastic Conduit Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Rigid Conduits
- 5.2.2. Flexible Conduits

Chapter 6. Global Plastic Conduit Market Size & Forecasts by Material 2022-2032

6.1. Segment Dashboard
6.2. Global Plastic Conduit Market: Material Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Polyvinyl Chloride (PVC)
- 6.2.2. High Density Polyethylene (HDPE)
- 6.2.3. Polypropylene (PP)
- 6.2.4. Others

Chapter 7. Global Plastic Conduit Market Size & Forecasts by Industry Vertical 2022-2032

7.1. Segment Dashboard
7.2. Global Plastic Conduit Market: Industry Vertical Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Manufacturing
- 7.2.2. Construction
- 7.2.3. IT & Telecom
- 7.2.4. Healthcare
- 7.2.5. Others

Chapter 8. Global Plastic Conduit Market Size & Forecasts by Region 2022-2032

8.1. North America Plastic Conduit Market
- 8.1.1. U.S. Plastic Conduit Market
  - 8.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Material breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Industry Vertical breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Plastic Conduit Market
8.2. Europe Plastic Conduit Market
- 8.2.1. U.K. Plastic Conduit Market
- 8.2.2. Germany Plastic Conduit Market
- 8.2.3. France Plastic Conduit Market
- 8.2.4. Spain Plastic Conduit Market
- 8.2.5. Italy Plastic Conduit Market
- 8.2.6. Rest of Europe Plastic Conduit Market
8.3. Asia-Pacific Plastic Conduit Market
- 8.3.1. China Plastic Conduit Market
- 8.3.2. India Plastic Conduit Market
- 8.3.3. Japan Plastic Conduit Market
- 8.3.4. Australia Plastic Conduit Market
- 8.3.5. South Korea Plastic Conduit Market
- 8.3.6. Rest of Asia Pacific Plastic Conduit Market
8.4. Latin America Plastic Conduit Market
- 8.4.1. Brazil Plastic Conduit Market
- 8.4.2. Mexico Plastic Conduit Market
- 8.4.3. Rest of Latin America Plastic Conduit Market
8.5. Middle East & Africa Plastic Conduit Market
- 8.5.1. Saudi Arabia Plastic Conduit Market
- 8.5.2. South Africa Plastic Conduit Market
- 8.5.3. Rest of Middle East & Africa Plastic Conduit Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. CANTEX INC.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Precision Plastic Industries Pvt. Ltd.
- 9.3.3. DURA-LINE HOLDING, INC.
- 9.3.4. National Pipe and Plastic Inc.
- 9.3.5. Conduit Pipe Products, Co.
- 9.3.6. AKG GROUP
- 9.3.7. BEC Conduits Pvt. Ltd.
- 9.3.8. PRIME CONDUIT
- 9.3.9. Eaton
- 9.3.10. ATKORE INTERNATIONAL
- 9.3.11. Sanco Industries Ltd.
- 9.3.12. International Metal Hose Company
- 9.3.13. Premier Conduit Inc.
- 9.3.14. Zekelman Industries Inc.
- 9.3.15. Pipelife International GmbH

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes