The global Electrical Conduit Pipe market was valued at US$ 16080 million in 2020 and it is expected to reach US$ 19020 million by the end of 2027, growing at a CAGR of 2.0% during 2021-2027.
The plastic segment in the material category is expected to grow at a high rate as compared to the metal segment in the coming years.The plastic segment is further categorized by HDPE, LDPE, PVC and others. Of these, the HDPE sub segment is soaring across the globe in terms of usage. This higher adoption has resulted in this sub segment to be highly attractive and can be considered worth investing in.
Growing urbanization increases demand for electrical conduit pipe. It is estimated that China, the U.S. and India are prominent regions where rural areas are being converted into urban areas and these countries will collectively be responsible for more than a 50% share of the growth in the construction industry by the end of 2020. With this continuous growth in the building & construction industry, the demand for electrical conduit pipes is expected to increase over the forecast period with the increase in urbanization. Moreover, increasing projects in the field of electrification and power supply also provide ample opportunity for the growth of the electrical conduit pipe market.
Global Electrical Conduit Pipe Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electrical Conduit Pipe Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Aliaxis, Atkore International Holdings, Mexichem, JM Eagle, Cantex, Wienerberger, Sekisui Chemical, D.P.Jindal, Zekelman Industries, National Pipe And Plastics, Lesso, Nan Ya Plastics, Premier Conduit, International Metal Hose, OPW, Sanco Industries, Pipelife International, Astral Polytechnik and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-electrical-conduit-pipe-market-outlook
Segment by Type
- Rigid Conduit Pipe
- Flexible Conduit Pipe
Segment by Application
- Residential
- Commercial
- Industrial
Table of Content:
1 Electrical Conduit Pipe Market Overview
2 Electrical Conduit Pipe Market Competition by Manufacturers
3 Electrical Conduit Pipe Retrospective Market Scenario by Region
4 Global Electrical Conduit Pipe Historic Market Analysis by Type
5 Global Electrical Conduit Pipe Historic Market Analysis by Application
6 Key Companies Profiled
7 Electrical Conduit Pipe Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Electrical Conduit Pipe Market Dynamics
10 Global Electrical Conduit Pipe Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
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Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.