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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568568

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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568568

Commercial Liquid-Tight Flexible Non-Metallic Conduit Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

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PAGES: 80 Pages
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The Global Commercial Liquid-Tight Flexible Non-Metallic Conduit Market is estimated to record 7.7% during 2024-2032, due to increasing demand for flexible and durable conduit solutions in various commercial applications. These conduits offer protection against moisture, chemicals, and other environmental hazards, making them ideal for industrial plants, commercial buildings, and residential complexes. According to a recent report by the National Electrical Manufacturers Association (NEMA), the demand for non-metallic conduits has increased by 15% over the past year.

Moreover, the emphasis on cost-effective and efficient installation processes is contributing to market expansion. Non-metallic conduits are lightweight and easy to install, significantly reducing labor and associated costs. For instance, a 2023 study by the Electrical Contractors' Association highlighted that projects using non-metallic conduits reported a 20% reduction in installation time. As commercial projects prioritize operational efficiency and budget management, the preference for flexible conduit systems will rise. Additionally, advancements in material technology result in conduits with superior performance characteristics, further driving market growth.

Key industry participants include major conduit manufacturers and suppliers leveraging advanced materials and innovative designs to differentiate their products. These companies are focusing on expanding their product portfolios and enhancing performance features to meet diverse customer requirements. Additionally, strategic partnerships and acquisitions are common as firms aim to strengthen their market presence and distribution networks.

The commercial liquid-tight flexible non-metallic conduit industry is segmented based on trade size and region.

The 5 to 6 trade size segment will hold a notable industry share by 2032. Larger conduit sizes are preferred for their capacity to accommodate multiple cables and conductors, providing robust protection in environments where management of multiple cables is required. They are used in large-scale commercial buildings, industrial facilities, and data centers where extensive wiring systems are prevalent. The demand for these sizes is driven by the need for enhanced safety and reliability in managing electrical systems, along with the growing complexity of modern infrastructure projects that require durable and high-capacity conduit solutions.

Europe commercial liquid-tight flexible non-metallic conduit market is experiencing robust growth, driven by stringent regulatory standards and an increased focus on safety and environmental protection. European regulations require high levels of protection against environmental hazards, which has spurred demand for non-metallic conduits that offer superior resistance to moisture, chemicals, and mechanical stress. Additionally, the region's emphasis on energy efficiency and infrastructure modernization projects is boosting the adoption of flexible conduit solutions. The market is further supported by advancements in material technology and growing investments in commercial and industrial construction.

Product Code: 10425

Table of Contents

Chapter 1 Methodology and Scope

  • 1.1 Market definitions
  • 1.2 Base estimates and calculations
  • 1.3 Forecast calculation
  • 1.4 Data sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
      • 1.4.2.1 Paid
      • 1.4.2.2 Public

Chapter 2 Executive Summary

  • 2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

  • 3.1 Industry ecosystem analysis
    • 3.1.1 Vendor matrix
  • 3.2 Regulatory landscape
  • 3.3 Industry impact forces
    • 3.3.1 Growth drivers
    • 3.3.2 Industry pitfalls and challenges
  • 3.4 Growth potential analysis
  • 3.5 Porter's analysis
    • 3.5.1 Bargaining power of suppliers
    • 3.5.2 Bargaining power of buyers
    • 3.5.3 Threat of new entrants
    • 3.5.4 Threat of substitutes
  • 3.6 PESTEL analysis

Chapter 4 Competitive landscape, 2023

  • 4.1 Strategic outlook
  • 4.2 Innovation and sustainability landscape

Chapter 5 Market Size and Forecast, By Trade Size, 2021 - 2032 (USD Million)

  • 5.1 Key trends
  • 5.2 1/2 to 1
  • 5.3 1 1/4 to 2
  • 5.4 2 1/2 to 3
  • 5.5 3 to 4
  • 5.6 5 to 6
  • 5.7 Others

Chapter 6 Market Size and Forecast, By Region, 2021 - 2032 (USD Million)

  • 6.1 Key trends
  • 6.2 North America
    • 6.2.1 U.S.
    • 6.2.2 Canada
    • 6.2.3 Mexico
  • 6.3 Europe
    • 6.3.1 France
    • 6.3.2 Germany
    • 6.3.3 Italy
    • 6.3.4 UK
    • 6.3.5 Russia
  • 6.4 Asia Pacific
    • 6.4.1 China
    • 6.4.2 India
    • 6.4.3 Japan
    • 6.4.4 South Korea
    • 6.4.5 Australia
  • 6.5 Middle East and Africa
    • 6.5.1 Saudi Arabia
    • 6.5.2 UAE
    • 6.5.3 Qatar
    • 6.5.4 South Africa
  • 6.6 Latin America
    • 6.6.1 Brazil
    • 6.6.2 Argentina

Chapter 7 Company Profiles

  • 7.1 ABB
  • 7.2 Atkore
  • 7.3 Anamet Electrical, Inc.
  • 7.4 Dura-Line Corporation
  • 7.5 Electri-Flex Company
  • 7.6 Eaton
  • 7.7 Hangzhou EVT Electrical Co., Ltd.
  • 7.8 Hangzhou Topele Imp. and Exp. Co.,Ltd
  • 7.9 Hubbell
  • 7.10 IPEX USA LLC.
  • 7.11 Kaiphone Technology Co. Ltd.
  • 7.12 Legrand
  • 7.13 Shanghai Weyer Electric Co., Ltd.
  • 7.14 Southwire Company, LLC.
  • 7.15 Techno Flex
  • 7.16 Thomas and Betts Corporation
  • 7.17 Zhejiang Flexible Technology Co., Ltd.
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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