Global Innerduct Market Size & Outlook, 2023-2030
Global innerduct market, 2018-2030 (US$M)
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Global innerduct market highlights
- The global innerduct market generated a revenue of USD 960.4 million in 2023 and is expected to reach USD 1,740.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.9% by 2030.
- In terms of segment, high-density polyethylene (hdpe) accounted for a revenue of USD 504.4 million in 2023.
- Polyethylene Terephthalate (PET) is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 960.4 million |
| Market revenue in 2030 | USD 1,740.3 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | High-density polyethylene (hdpe) |
| Fastest growing segment | Polyethylene Terephthalate (PET) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-Density Polyethylene (HDPE), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET) |
Other key industry trends
- In terms of revenue, the North America accounted for 29.1% of the global innerduct market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 69.9 million by 2030.
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Innerduct Market Scope
Innerduct Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global innerduct market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to innerduct market will help companies and investors design strategic landscapes.
High-density polyethylene (hdpe) was the largest segment with a revenue share of 52.52% in 2023. Horizon Databook has segmented the Global innerduct market based on high-density polyethylene (hdpe), polyvinyl chloride (pvc), polyethylene terephthalate (pet) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Innerduct Material Outlook (Revenue, USD Million, 2018-2030)
- High-Density Polyethylene (HDPE)
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Others
- Global Innerduct Type Outlook (Revenue, USD Million, 2018-2030)
- Corrugated Innerduct
- Smooth Innerduct
- Microduct Total
- Global Innerduct Application Outlook (Revenue, USD Million, 2018-2030)
- Telecom
- Power Utilities
- Oil & Gas
- Transportation
- Others
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global innerduct market, including forecasts for subscribers. This global databook contains high-level insights into Global innerduct market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global innerduct market size, by regions, 2018-2030 (US$M)
Top 10 countries: Innerduct market size, 2023 (US$M)
Global innerduct market share, by material, 2023 & 2030 (%, US$M)
Innerduct market: Opportunity assessment by country
Global innerduct market, by region, 2023 (US$M)
| Material | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 244.8 | 251.0 | 258.6 | 256.6 | 267.4 | 279.3 | 293.5 | 310.3 | 330.1 | 353.5 | 381.4 | 414.4 | 453.8 | 7.2% |
| Europe | 182.8 | 186.4 | 190.9 | 188.4 | 195.2 | 202.7 | 211.8 | 222.5 | 235.4 | 250.6 | 268.7 | 290.2 | 315.8 | 6.5% |
| Asia Pacific | 198.6 | 211.5 | 226.4 | 233.3 | 252.5 | 274.0 | 299.0 | 328.2 | 362.6 | 403.2 | 451.6 | 509.5 | 579.3 | 11.3% |
| Latin America | 83.1 | 87.2 | 92.0 | 93.4 | 99.6 | 106.5 | 114.5 | 123.8 | 134.8 | 147.7 | 162.9 | 181.1 | 202.9 | 9.7% |
| MEA | 68.1 | 73.8 | 80.0 | 83.1 | 90.3 | 97.9 | 106.4 | 116.0 | 126.9 | 139.2 | 153.3 | 169.6 | 188.5 | 9.8% |
| Overall | 777.4 | 809.8 | 847.9 | 854.7 | 905.0 | 960.4 | 1,025.1 | 1,100.8 | 1,189.7 | 1,294.2 | 1,417.9 | 1,564.8 | 1,740.3 | 8.9% |
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