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2023

U.s. Hdpe Conduit Market

U.S. HDPE Conduit Market Size, Share, Competitive Landscape and Trend Analysis Report by End-Use Industry (Telecommunications, Electric Cable, Utility, Renewables, and Others): Opportunity Analysis and Industry Forecast, 2022-2027

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Author's: Snehal Mohite | Eswara Prasad
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The U.S. HDPE conduit market attained $1.3 billion in 2022 and is projected to reach $1.7 billion by 2027, growing at a CAGR of 5.7% from 2023 to 2027.

Sustainability is a growing concern in various industries, and HDPE Conduit presents an opportunity as an environmentally friendly option. HDPE is a recyclable material with a long lifespan, making it an attractive choice for projects that prioritize sustainability. As businesses and governments increasingly prioritize sustainable solutions, the HDPE Conduit market can benefit from this opportunity.
Report key highlighters:

  • The report outlines the current market trends and future scenario of the market from 2022 to 2027 to understand the prevailing opportunities and potential investment pockets.
  • The U.S. HDPE conduit market has been analyzed in terms of value ($ Million) and volume (Million Pounds). The analysis in the report is provided on the basis of end-use industry, and more than 20 states.
  • The U.S. HDPE conduit market is consolidated in nature with few players such as Atkore, Blue Diamond Industries, Bulldog Pipe, Dura-Line Ltd, Endot Industries, LLC, Flying W Plastics Inc., Opti-Com Manufacturing Network, LLC, Southwire Company, LLC., United Poly Systems, WL Plastics, which hold significant share of the market.
  • The report provides strategy planning and industry dynamics to enhance decision making for existing market players and new entrants entering the U.S. HDPE conduit market.

High-Density Polyethylene (HDPE) conduit is a versatile and widely used product in the electrical and telecommunications industries. It is a durable, flexible, and corrosion-resistant tubing made from high-density polyethylene material. HDPE conduit provides mechanical protection and secure housing for electrical cables, telecommunications cables, and fiber optic cables. The popularity of HDPE conduit stems from its exceptional properties. Its flexibility allows for easy installation, even in complex and challenging environments. HDPE conduit is resistant to moisture, chemicals, and abrasion, ensuring the long-term integrity of the cables it houses. In addition, it has a high tensile strength, making it suitable for underground and above-ground installations.

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In the electrical sector, HDPE conduit is widely used in commercial buildings, industrial facilities, and residential applications. It provides a protective pathway for electrical wiring, ensuring safety and reliability. Moreover, HDPE conduit is commonly used in telecommunications networks, providing protection and organization for data and communication cables. 

The deployment of fiber optic networks has further boosted the demand for HDPE conduits with the increase in demand for high-speed internet and data transmission. Ongoing infrastructure development initiatives in the U.S., such as transportation systems, utility networks, and renewable energy installations, are significant drivers for the HDPE conduit market. 

These projects require reliable and durable conduit solutions to protect and route cables effectively. In addition, the increase in trend of underground cable installations, driven by aesthetic considerations and the need for reliable power and communication systems, fuels the demand for HDPE conduits. HDPE conduits provide mechanical protection, resistance to moisture and chemicals, and longevity for underground cables. 

U.S. HDPE Conduit Market
By End-use Industry Polyethylene
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Telecommunications is projected as the fastest-growing segment.

However, high installation costs of optical fiber cables coupled with a complex installation process refrain consumers from utilizing such an efficient technology, which in turn impedes the growth of the market. Furthermore, the emergence of smart city initiatives and the Internet of Things (IoT) presents opportunities for the HDPE conduit market. The need for reliable and secure cable management solutions becomes essential as cities adopt smart technologies and implement IoT devices. HDPE conduits may accommodate the increasing number of cables required for these smart applications. 

The U.S. HDPE conduit market is divided on the basis of the end use industry and states. On the basis of end use industry, the market is segregated into telecommunications, electric cable, utility, renewables, and others. Electric cable subsegment is further divided into commercial, industrial, and residential. The utility subsegment is further bifurcated into transmission and distribution. Renewables subsegment are further segmented into wind, solar, and others. On the basis of states, the market is analyzed across Alabama, Arkansas, Colorado, Florida, Georgia, Indiana, Iowa, Kansas, Louisiana, Maryland, Missouri, Mississippi, Nebraska, New Jersey, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, West Virginia, Wyoming, and Rest of U.S.  The key players operating in the U.S. HDPE conduit market are Atkore, Blue Diamond Industries, Bulldog Pipe, Dura-Line Ltd., Endot Industries, LLC, Flying W Plastics Inc., Opti-Com Manufacturing Network, LLC, Southwire Company, LLC., United Poly Systems, WL Plastics. These players have adopted various key strategies including agreement, collaboration, expansion, and partnership to increase their market shares.

U.S. HDPE Conduit Market
By States
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Rest of U.S. is projected as the fastest-growing states.

On the basis of end-use industry, telecommunications is the fastest-growing segment in the U.S. HDPE conduit market in terms of revenue in 2022. The use of HDPE (High-Density Polyethylene) conduit in the telecommunications sector is driven by several key drivers such as the rollout of 5G technology is a significant growth factor for the HDPE conduit market in the telecommunications sector. The deployment of 5G networks requires efficient cable management solutions, and HDPE conduit offers the necessary protection and organization for the fiber optic cables supporting 5G connectivity. The densification of wireless infrastructure with small cell deployments further contributes to the demand for HDPE conduit.

Key Strategic Developments Undertaken by Key Players

  • In June 2022 Atkore, a leading manufacturer of electrical, safety and infrastructure solutions acquired United Poly Systems. This acquisition is expected to strengthen Atkore’s product portfolio, expand their manufacturing capacity and further enable them to meet HDPE customers’ needs leading to the growth of the HDPE conduit market.
  • In December 2021 Atkore acquired the assets of Four Star Industries, a manufacturer of ½” – 6” high density polyethylene (HDPE) conduit, primarily serving the telecommunications, utility, infrastructure and datacom markets. This acquisition of Four Star Industries expands Atkore’s product portfolio and enables them to serve growing markets such as broadband and renewable energy leading to the growth of the HDPE conduit market.
  • In June 2023 Southwire Company LLC announced an expansion at its campus in Florence, Ala., that is expected to increase production capacity by 30 percent. This expansion is expected to boost the production of HDPE conduit products leading to the growth of the market.
  • In September 2022 Dura-Line, an Orbia business and leading manufacturer of conduit and accessories for the telecommunications industry, announced the construction of 3 new production facilities across the U.S. and Canada. Dura-Line is investing in these facilities to meet growing demand in North America for fiber-optic network infrastructure leading to the increase usage of HDPE conduit pipes. This expansion is anticipated to boost the demand for HDPE conduit market.
  • In February 2022 Blue Diamond Industries, a subsidiary of Hexatronic Group AB in Sweden and a manufacturer of high-density polyethylene (HDPE) conduit materials for the protection of fiber optic, data and power cables announced to establish a new plant in the southeastern U.S. with an initial investment of USD 18 million. This expansion is expected to address the growing needs in the power utility, cable television, broadband and commercial and industrial markets, as well as serving the U.S. Department of Transportation markets leading to the growth of the HDPE conduit market.

Key benefits for stakeholders

  • Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current U.S. HDPE conduit market trends and future estimations from 2022 to 2027 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

U.S. HDPE Conduit Market Report Highlights

Aspects Details
U.S. HDPE Conduit Market By End Use Industry
By End Use Industry
  • Telecommunications
  • Electric Cable
  • Commercial
  • Industrial
  • Residential
  • Utility
  • Transmission
  • Distribution
  • Renewables
  • Wind
  • Solar
  • Others
  • Others
U.S. HDPE Conduit Market By States
By States
  • Alabama
  • Arkansas
  • Colorado
  • Florida
  • Georgia
  • Indiana
  • Iowa
  • Kansas
  • Louisiana
  • Maryland
  • Missouri
  • Mississippi
Key Market Players
Key Market Players

Blue Diamond Industries, WL Plastics, United Poly Systems, Bulldog Pipe, Southwire Company, LLC., Flying W Plastics Inc., Atkore, Endot Industries, LLC, Dura-Line Ltd, Opti-Com Manufacturing Network, LLC

Analyst Review

According to the CXOs of the leading companies, HDPE conduits are durable, flexible, and corrosion-resistant tubes or pipes made from high-density polyethylene material. They are widely used for protecting and housing electrical cables, telecommunications cables, and fiber optic cables. The U.S. HDPE conduit market has witnessed significant growth in recent years due to several factors. First, the increase in demand for underground cable installations has driven the need for reliable and efficient communication and power distribution systems. HDPE conduits provide mechanical protection, resistance to moisture and chemicals, and long-term durability as more cables are buried underground.

In addition, the expansion of telecommunication networks, including the deployment of fiber optic networks for high-speed internet and data transmission, has contributed to the demand for HDPE conduits. HDPE conduits offer flexibility, easy installation, and protection for fiber optic cables, enabling the expansion of telecommunication infrastructure. Furthermore, ongoing infrastructure development projects in the U.S., such as transportation systems (roads, railways, and tunnels), utility networks (water and sewage), and renewable energy installations, require the use of HDPE conduits. They are essential for routing and protecting cables in these projects, leading to increased demand for HDPE conduits.

 

Author Name(s) : Snehal Mohite | Eswara Prasad
Frequently Asked Questions?

The telecommunications industry was the largest revenue generator in 2022 and is anticipated to grow at a CAGR of 5.5% during the forecast period.

The market players are adopting various growth strategies and also investing in R&D extensively to develop technically advanced unique products which are expected to drive the market size.

The U.S. is continuously investing in infrastructure development, including transportation, utilities, and telecommunications. HDPE conduit plays a crucial role in these projects by providing reliable cable protection and management. As the country focuses on modernizing and expanding its infrastructure, the demand for HDPE conduit increases, thereby boosting the market.

The leading players operating in the U.S. HDPE conduit market include, Atkore, Blue Diamond Industries, Bulldog Pipe, Dura-Line Ltd, Endot Industries, LLC, Flying W Plastics Inc., Opti-Com Manufacturing Network, LLC, Southwire Company, LLC., United Poly Systems, WL Plastics.

The U.S. HDPE conduit market is segmented on the basis of end-use industry, and states. By end-use industry, it is divided into telecommunications, electric cable, utility, renewables, and others.

The U.S. telecommunications sector is experiencing rapid growth, driven by factors such as increasing data consumption, the rollout of advanced networks (like 5G), and the expansion of IoT (Internet of Things) applications. HDPE conduit is widely used in telecommunications for the protection and management of fiber optic cables and communication infrastructure. As the demand for efficient and reliable communication systems rises, so does the demand for HDPE conduit, contributing to market growth.

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U.s. Hdpe Conduit Market

Opportunity Analysis and Industry Forecast, 2022-2027