Global Plastic Conduit Market Size, Share, Growth Analysis Report - Forecast 2034

Plastic Conduit Market: Industry Perspective

The global plastic conduit market size was worth around USD 7.95 Billion in 2024 and is predicted to grow to around USD 15.40 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 6.84% between 2025 and 2034.

The report analyzes the global plastic conduit market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the plastic conduit industry.

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Plastic Conduit Market: Overview

A plastic conduit is a passage or pipeline for fluids or electric wires. The pipes passing through these passages allow routing and protection to materials flowing through these pipelines. Plastic conduit is widely used in several end-user sectors like agriculture, telecommunication, manufacturing, construction, among others. However, the tech advancements in recent years in the manufacturing process of plastic conduits have helped them to allow chemicals and other fluids to pass through it.

Key Insights

• As per the analysis shared by our research analyst, the global plastic conduit market is estimated to grow annually at a CAGR of around 6.84% over the forecast period (2025-2034).
• Regarding revenue, the global plastic conduit market size was valued at around USD 7.95 Billion in 2024 and is projected to reach USD 15.40 Billion by 2034.
• The plastic conduit market is projected to grow at a significant rate due to expanding construction and infrastructure projects, rising demand for safe electrical wiring systems, and benefits like corrosion resistance and flexibility.
• Based on Type, the Rigid Conduits segment is expected to lead the global market.
• On the basis of Material, the Polyvinyl Chloride (PVC) segment is growing at a high rate and will continue to dominate the global market.
• Based on the Industry Vertical, the Manufacturing segment is projected to swipe the largest market share.
• By End-Use, the Residential segment is expected to dominate the global market.
• Based on region, Asia-Pacific is predicted to dominate the global market during the forecast period.

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Plastic Conduit Market: Growth Drivers

High demand for plastic conduits due to their superior properties will drive market growth.

An electrical conduit is an electrical piping solution widely adopted in the protection of electric wiring. However, it is widely used for protecting cables against pressure stress, tensile stress, cold, and heat in the electrical and mechanical engineering industry. Manufacturers offer different types of conduits for a wide range of applications with different tech requirements. This electrical conduit system is the most reliable and popular wiring system in the market, only known for its safety purposes. The conventional techniques of wiring with the help of a gas pipe lead to many issues as it destroys the insulation of wiring due to the constant friction between the rough interiors of the gas piping and the insulation. Therefore, such a landscape is significantly fueling the demand for safe and secure wiring systems in residential and commercial buildings.

Plastic Conduit Market: Restraints

High installation cost is a major restraining factor in the global market.

High installation cost of optical fiber cables and a very complex installation process restrict users from adopting such inefficient technology, which in turn is likely to hamper the growth of the global market. Also, owing to its high cost, consumers adopt traditional metal wires, thereby decreasing the market value.

Plastic Conduit Market: Opportunities

Surge in commercial construction is likely to create noteworthy opportunities in the global market.

Commercial building has been blooming in recent years with the growing trend of entrepreneurship. The offices and the commercial buildings need to use power consumption, thereby propelling the use of non-metallic flexible conduit systems which are safe and are able to offer high power efficiently. However, such a landscape is likely to create new avenues in the global plastic conduit market in the forthcoming years.

Plastic Conduit Market: Challenges

Volatility in raw material prices is a huge challenge in the global market.

The raw material used for the production of these conduits has volatile prices. Prices are directly proportional to the value chain, operational cost, and procurement cost. Therefore, a sudden decrease or increase in prices largely impacts the profit margin of the companies. Therefore, it has emerged as a key challenge in the global market.

Plastic Conduit Market: Segmentation

The global plastic conduit market can be segmented into type, industry vertical, material, and region.

By type, the market can be segmented into flexible and rigid conduits.

By industry vertical, the market can be segmented into healthcare, IT & telecom, construction, manufacturing, and others.

By material, the market can be segmented into polypropylene, high-density polyethylene, polyvinyl chloride, and others.

In terms of End-Use, the global plastic conduit market is categorized into Residential, Commercial, Industrial, Utility.

Plastic Conduit Market: Report Scope

Recent Developments

• Atkore International Group Inc., in February 2021, acquired FRE Composites Group. This initiative will help the company to expand its conduit product portfolio. FRE Composites Group is a leading manufacturer of fiberglass conduit solutions for the electrical, transportation, telecommunication, and infrastructure markets.
• ABB, in August 2018, unveiled its plan for the expansion of the Thomas and Betts facility on Dennis Street in Athens. Apart from this, the plant is expected to enhance the production for its 21 product lines.

Plastic Conduit Market: Regional Analysis

North America accounts for the largest share in the global plastic conduit market due to the growing demand to replace the traditional electrical equipment in the region with a high-quality system. Furthermore, the growing construction activities in the region will further contribute towards the growth of the regional market.

Asia Pacific is one of the fastest-growing regions in the global market due to the presence of emerging economies like China and Japan.

Plastic Conduit Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the plastic conduit market on a global and regional basis.

The global plastic conduit market is dominated by players like:

• AKG Group
• Atkore International Group Inc.
• Bec Conduits Pvt. Ltd.
• Cantex Inc. (Mitsubishi Corporation)
• Dura-Line Holdings Inc. (Orbia)
• Eaton Corporation plc

The global plastic conduit market is segmented as follows;

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 End-Use

• Residential
• Commercial
• Industrial
• Utility

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America