Electrical Conduit Market is projected to grow USD 25.3 Bn in 2030, at a CAGR of 5.7%
The electrical conduit market was valued at USD 16.2 Bn in 2021. The market is projected to grow USD 25.3 Bn in 2030, at a CAGR of 5.7%. Electrical conduit is a tube-shaped device that protects and aligns a building's or structure's overall electrical wiring. Electrical conduits are being used more frequently to combat fires, electrical supply failures, and other operational dangers. Conduits are highly corrosion-resistant, water-resistant, non-combustible, and fire-resistant. A conduit is a pipe or tube that allows fluids or electrical wires to pass through it. The materials running through these channels are protected and routed through these pipes. Plastic conduits are utilised in a wide range of industries, including construction, manufacturing, telecommunications, and agriculture. Plastic conduits can now flow chemicals and other fluids that would corrode any other material used to manufacture conduits, thanks to recent advancements in the production process. Metals, poly