Global Plastic Conduit Market: Emerging Trends, Major Key Players Mitsubishi Corporation and Atkore International

According to the report, The global Plastic Conduit market size was valued at $ 17,267.4 Million in 2019 and is anticipated to grow at a CAGR of 6.1% from 2020 to 2027. Electrical conduits, which ensure the passage of electric cables all around a building or other site, are in high demand. An electrical conduit is helpful because it simplifies wiring and makes it safer, allowing for more frequent changes to the wiring system and providing protection even in damp and dangerous environments. It's also a good approach to protect the wiring system from environmental and other factors such as chemical vapors, electromagnetic interference, dampness, and so on. This factor has driven the growth of the market.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global PLASTIC CONDUIT industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Plastic Conduit market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Plastic Conduit players holding highest market share include Mitsubishi Corporation, Atkore International, Eaton Corporation and Calpipe Industries. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

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

Segmental Analysis

Market Segment By Type with focus on market share, consumption trend, and growth rate of PLASTIC CONDUIT Market:
o Rigid Conduit
o Flexible Conduit

Market Segment By Material with focus on market share, consumption trend, and growth rate of PLASTIC CONDUIT Market:
o Polyvinyl Chloride (PVC)
o High-Density Polyethylene (HDPE)
o Polypropylene (PP)
o Others

Market Segment By Industry Vertical with a focus on market share, consumption trend, and growth rate of PLASTIC CONDUIT Market:
o Manufacturing
o Construction
o IT & Telecom
o Healthcare
o Others

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Global Plastic Conduit Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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