Resin Capsules - Global Market Outlook (2017-2023)

LONDON, Oct. 3, 2017 /PRNewswire/ -- According to Stratistics MRC, the Global Resin Capsules Market is accounted for $982.56 million in 2016 and is expected to reach $1420.65 million by 2023 growing at a CAGR of 5.4% during the forecast period.

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Factors such as increased spending in the construction sector and growing industrialization and infrastructural development are fueling the market growth. However, volatile prices of raw materials and health implications of resin capsule are hampering the market. New product developments to offer high growth potential provides ample of opportunities for the market growth.

By resin type, polyester segment commanded the largest market share during the forecast period due to the huge demand from mining and construction sectors. By end user, mining sector commanded the largest market share due to the continuous demand for minerals and rare earth metals. The mining sector utilizes resin capsules for rock bolting and cable bolting and also uses resin capsules to support roofs and sidewalls in underground excavations.

Asia Pacific is expected to grow at a fastest CAGR due to the rapid growth of mining industry across the emerging countries of the region. The optimistic outlook of the countries is attracting vast investments from global mining companies. Countries such as China and Australia are expected to witness high growth in the market, due to presence of vast mineral resources and increased FDI spending.

Some of the key players in Resin Capsules market include DYWIDAG-Systems International, Bohle AG, Orica Limited, Fischer Holding GmbH & CO., Hexion Inc., Sika AG, Sormat OY, Rawlplug, Kee Systems, Arkema SA, Barnes Group Inc., Hightech Mining Products, Kunal Conchem (P), Multifix and Fosroc.

Resin Types Covered:
• Epoxy
• Acrylic
• Polyester
• Other Resin Types

Catalyst Types Covered:
• Oil-Based
• Water-Based
• Organic Peroxides

End Users Covered:
• Manufacturing
• Mining
• Construction
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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