Plastic Conduit Market by Type (Rigid Conduit and Flexible Conduit), Material (Polyvinyl Chloride, High-Density Polyethylene, Polypropylene, and Others), and Industry Vertical (Manufacturing, Construction, IT & Telecom, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

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The global plastic conduit market possesses a high growth potential, owing to the development of the construction industry. The current business scenario is witnessing an increase in demand for plastic conduits, particularly in developing regions, such as South Korea and India, which propels the growth of the market. Moreover, companies in this industry are adopting various innovative techniques to provide consumers with advanced protection nature of plastic conduits for various industries globally. 

Emerging technologies and materials are paving way for the plastic conduits market to expand globally. Adoption of enhanced materials such as HDPE is preferred while using these conduits in residential areas. These conduits are used to protect electrical power and telecommunication cables passed within them. It offers unmatched corrosion and chemical resistance, and is flexible, durable, and available in long reel lengths to reduce joints and installation time. 

The plastic conduit market exhibits a phenomenal growth globally, owing to increase in expansion of the construction industry and growth in demand for highly secure and safe wiring system. However, high installation cost of conduits and increase in prices of raw materials restrain the market growth. Furthermore, emerging trends toward cable-in conduits system and increase in opportunities of plastic conduits in residential buildings provide lucrative opportunities for the market expansion.

The key players profiled in the report include Atkore International, AKG Group, Cantex Inc., Duraline Holdings Inc., Prime Conduit, Precision Plastic Industry, Mitsubishi Corporation, Eaton Corporation, Allied Tube & Conduit, and Calpipe Industries.