I wish it would work but no, it’s too far out. The “black pipe” for water or gas at the orange store is about 1.05 and if it worked it would be a nice option stiffer than EMT conduit that doesn’t require a specialty store.
@blainesgarage is doing some scaling to attempt a larger build 1” conduit Primo XL project 1.163” so there might be some lessons to be learned from that.