Non-Metal Electrical Conduit Market - By Trade Size, By Classification (Polyvinyl Chloride (PVC), Reinforced Thermosetting Resin (RTRC/FRE), Rigid Non-Metallic (RNC), Electrical Non-Metallic Tubing (ENT)), By End Use & Forecast, 2023 - 2032
Global non metal electrical conduit market size is poised to record more than 8% CAGR from 2023-2032. The surging awareness regarding environmental sustainability has led to the higher focus on recyclable and lower carbon footprint conduit materials. To cite an instance, the Department of Transport and Planning, in 2023, updated the Specification Section 733 for allowing the utilization of recycled plastics in conduit piping to cater to applications of sandwich layer conduit. The growing prominence of sustainable conduit materials in construction and infrastructure projects will also prove favorable for the market growth.
The overall non metal electrical conduit industry is segmented based on trade size, classification, end use, and region.
In terms of trade size, the non metal electrical conduit market size from the 5 to 6 segment will record noteworthy CAGR from 2023-2032. The growth can be attributed to their rising usage for several electrical and data cable management applications across the commercial, industrial, and residential settings. Increasing adoption in residential buildings to route electrical wiring for receptacles, lighting, HVAC systems, and security systems will also add to the segment expansion.
With respect to end use, the industry size from the commercial segment will significantly expand up to 2032. Non-metal electrical conduits are widely employed in commercial electrical installations as they offer enhanced corrosion resistance, ease of installation, and compatibility with different electrical cables and wiring. Due to their formation through recyclable materials, non-metal conduits align with the sustainability and environmental goals. Less energy-intensive manufacturing process compared to metal conduits will further influence the product adoption in commercial applications.
Regionally, Europe non metal electrical conduit industry size is projected to observe robust growth rate through 2032 on account of the rise in regulatory changes and sustainability concerns. The robust expansion of renewable energy projects, such as wind and solar farms is driving the need for electrical conduits in the region, further fueling the adoption of non-metallic conduits. The increasing number of infrastructure projects is another important trend influencing the industry growth.