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Plastic Conduit Market by Type (Rigid Conduits, Flexible Conduits), Material (Polyvinyl Chloride (PVC), High-Density Polyethylene (HDPE), Polypropylene (PP), and Others), Industry Vertical (Manufacturing, Construction, IT and Telecom, Healthcare, and Others), and Region 2024-2032
Market Report I 2024-01-30 I 148 Pages I IMARC Group
The global plastic conduit market size reached US$ 21.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.09% during 2024-2032. The rising product utilization in the construction industry, increasing product recent development of recycled products, and rapid infrastructural development activities represent some of the key factors driving the market.
Plastic conduits are passages or pipes used to enclose electric wiring and allow fluids to pass through. It includes rigid and flexible conduits that are produced from various materials, such as polyvinyl chloride (PVC), polypropylene, high-density polyethylene (HDPE), and cross-linked polyethylene (PEX). Plastic conduits are primarily manufactured using an extrusion process, where raw material is fed to an extruder, and conduit shape is achieved using a dye. They are widely used for wires and cable protections, drinking water transportation, plumbing, waste management, fire sprinklers, chemical handling, exhausts, and ventilation systems. Plastic conduits are highly durable, lightweight, convenient, fire-proof, and cost-effective products that are easy to install, provide better stability, and require low maintenance. They also offer resistance against corrosion, chemicals, thermal expansion, and contractions. As a result, plastic conduits find extensive applications across the manufacturing, telecommunication, construction, and healthcare industries.
Plastic Conduit Market Trends:
The rising product utilization in the construction industry is one of the primary factors driving the market growth. Plastic conduits are widely used in building constructions for drinking water supply, plumbing, heating and ventilation systems, radiator connections, and various electrical installations, such as cable, data, lighting, and communication lines. In line with this, plastic conduits are non-magnetic, corrosion resistant, easy to deploy, provide long service life, and require low maintenance, which, in turn, is favoring the market growth. Additionally, the rising product demand due to the increasing commercial construction activities, such as office buildings, restaurants, retail stores, shopping malls, and supermarkets, is acting as another growth-inducing factor. Furthermore, the widespread product utilization to provide safe and secure wiring systems for various industrial applications, such as robotics, plant machinery, telecommunication, renewable energy generation, broadband expansion, and mechanical engineering, due to their high strength and excellent protection against moisture, heat, cold, abrasion, impact, and noise, is positively influencing the market growth. Additionally, the recent development of recycled plastic conduits using multi-layer extrusion technology that utilizes waste plastic to produce conduit piping with wide-ranging applications in underground electrical wiring, traffic signals, and communication cabling is providing an impetus to the market growth. Moreover, the introduction of innovative products that are manufactured using low-smoke and halogen-free raw materials, which, in turn, improves safety, enhance building protection, and minimize adverse impact on the environment and human health, is propelling the market growth. Other factors, including rapid infrastructural development activities, extensive investment in research and development (R&D) to introduce innovative products, and rising consumer awareness regarding product benefits, are anticipated to drive market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global plastic conduit market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type, material, and industry vertical.
Type Insights:
Rigid Conduits
Flexible Conduits
The report has also provided a detailed breakup and analysis of the plastic conduit market based on the type. This includes rigid and flexible conduits. According to the report, flexible conduits represented the largest segment.
Material Insights:
Polyvinyl Chloride (PVC)
High-Density Polyethylene (HDPE)
Polypropylene (PP)
Others
A detailed breakup and analysis of the plastic conduit market based on the material has been provided in the report. This includes polyvinyl chloride (PVC), high-density polyethylene (HDPE), polypropylene (PP), and others. According to the report, HDPE accounted for the largest market share.
Industry Vertical Insights:
Manufacturing
Construction
IT and Telecom
Healthcare
Others
A detailed breakup and analysis of the plastic conduit market based on the industry vertical has been provided in the report. This includes manufacturing, construction, IT and telecom, healthcare, and others. According to the report, construction accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for plastic conduit. Some of the factors driving the North America plastic conduit market include rising construction activities, rapid industrialization, extensive research and development (R&D) activities, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global plastic conduit market. Detailed profiles of all major companies have also been provided. Some of the companies covered include AKG Group, Atkore International Group Inc., Bec Conduits Pvt. Ltd., Cantex Inc. (Mitsubishi Corporation), Dura-Line Holdings Inc (Orbia), Eaton Corporation plc, National Pipe and Plastic Inc. (Oldcastle Infrastructure Inc.), Precision Plastic Industries Private Limited, Sanco Industries Limited, Schneider Electric SE, etc.
Key Questions Answered in This Report:
How has the global plastic conduit market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global plastic conduit market?
What are the key regional markets?
Which countries represent the most attractive plastic conduit markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the material?
What is the breakup of the market based on the industry vertical?
What is the competitive structure of the global plastic conduit market?
Who are the key players/companies in the global plastic conduit market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Plastic Conduit Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Rigid Conduits
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Flexible Conduits
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material
7.1 Polyvinyl Chloride (PVC)
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 High-Density Polyethylene (HDPE)
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Polypropylene (PP)
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Industry Vertical
8.1 Manufacturing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Construction
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 IT and Telecom
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Healthcare
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 AKG Group
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Atkore International Group Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Bec Conduits Pvt. Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Cantex Inc. (Mitsubishi Corporation)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Dura-Line Holdings Inc (Orbia)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Eaton Corporation plc
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 National Pipe and Plastic Inc. (Oldcastle Infrastructure Inc.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Precision Plastic Industries Private Limited
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Sanco Industries Limited
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Schneider Electric SE
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
Figure 1: Global: Plastic Conduit Market: Major Drivers and Challenges
Figure 2: Global: Plastic Conduit Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Plastic Conduit Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Plastic Conduit Market: Breakup by Type (in %), 2023
Figure 5: Global: Plastic Conduit Market: Breakup by Material (in %), 2023
Figure 6: Global: Plastic Conduit Market: Breakup by Industry Vertical (in %), 2023
Figure 7: Global: Plastic Conduit Market: Breakup by Region (in %), 2023
Figure 8: Global: Plastic Conduit (Rigid Conduits) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Plastic Conduit (Rigid Conduits) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Plastic Conduit (Flexible Conduits) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Plastic Conduit (Flexible Conduits) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Plastic Conduit (Polyvinyl Chloride (PVC)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Plastic Conduit (Polyvinyl Chloride (PVC)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Plastic Conduit (High-Density Polyethylene (HDPE)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Plastic Conduit (High-Density Polyethylene (HDPE)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Plastic Conduit (Polypropylene (PP)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Plastic Conduit (Polypropylene (PP)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Plastic Conduit (Other Materials) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Plastic Conduit (Other Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Plastic Conduit (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Plastic Conduit (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Plastic Conduit (Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Plastic Conduit (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Plastic Conduit (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Plastic Conduit (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Plastic Conduit (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Plastic Conduit (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Plastic Conduit (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Plastic Conduit (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: United States: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: United States: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Canada: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Canada: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Asia-Pacific: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Asia-Pacific: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: China: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: China: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Japan: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Japan: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: India: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: India: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: South Korea: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: South Korea: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Australia: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Australia: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Indonesia: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Indonesia: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Europe: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Europe: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Germany: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Germany: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: France: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: France: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: United Kingdom: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: United Kingdom: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Italy: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Italy: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Spain: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Spain: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Russia: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Russia: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Latin America: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Latin America: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Brazil: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Brazil: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Mexico: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Mexico: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Middle East and Africa: Plastic Conduit Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Middle East and Africa: Plastic Conduit Market: Breakup by Country (in %), 2023
Figure 78: Middle East and Africa: Plastic Conduit Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Global: Plastic Conduit Industry: Drivers, Restraints, and Opportunities
Figure 80: Global: Plastic Conduit Industry: Value Chain Analysis
Figure 81: Global: Plastic Conduit Industry: Porter's Five Forces Analysis
Table 1: Global: Plastic Conduit Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Plastic Conduit Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Plastic Conduit Market Forecast: Breakup by Material (in Million US$), 2024-2032
Table 4: Global: Plastic Conduit Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
Table 5: Global: Plastic Conduit Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Plastic Conduit Market: Competitive Structure
Table 7: Global: Plastic Conduit Market: Key Players
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