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Demand Scenario of Electrical Conduit Pipe Market to Remain Positive Through 2017-2025
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Global Electrical Conduit Pipe Market: Forecast Analysis
The research report on global electrical conduit pipe market incudes value and volume projections for the 2017-2025 period. As per this research report, the global market for electrical conduit pipes is anticipated to reach a value of about US$ 33.5 Bn by the end of the period of forecast from a valuation of around US$ 25.5 Bn in 2017. It is projected to grow at a CAGR of 3.5% throughout the period of forecast, 2017-2025. With respect to volume, the global market is projected to grow at a CAGR of 3.5% during this period.
Global Electrical Conduit Pipe Market: Growth Influencing Aspects
The growth of the global electrical conduit pipe market is influenced by several factors. To name a few, growing electronics industry fuelling the growth of the global market for electrical conduit pipes, replacement of aged pipes, enhancements in conduit pipes, ease of installation and very less maintenance, rising demand for HDPE pipes, demand for electrical conduit pipes to rise owing to higher adoption by telecommunication operations by various end use industries, market consolidation and expansion, rising infrastructure development and also their benefits such as anti-corrosion properties are expected to boost the demand and hence spur the growth of the electrical conduit pipes market. Few factors like price and currency volatility, higher cost of plastic recycling, slowdown in the demand in the residential sector and excessive production of steel can prove to be main challenges to the growth of the electrical conduit pipes market.
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Global Electrical Conduit Pipe Market: Competitive Scenario
The research report on global electrical conduit pipe market includes analysis on key players such as Aliaxis Group S.A, Atkore International Holdings Incorporated, Mexichem SAB de CV, JM Eagle, Inc., Cantex, Inc., Wienerberger AG, Sekisui Chemical Co., Ltd., D. P. Jindal Group, Zekelman Industries Inc., National Pipe and Plastics, Inc., China Lesso Group Holdings Ltd., Nan Ya Plastics Corp, Premier Conduit Inc., International Metal Hose Company, OPW Corporation, Sanco Industries Ltd., Pipelife International GmbH and ASTRAL POLYTECHNIK LIMITED.
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