Global Resin Capsules Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global resin capsules market in its upcoming report titled, “Global Resin Capsules Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global resin capsules market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global resin capsules market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global resin capsules market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global resin capsules market report has been segmented on the basis of catalyst type, resin type, end-use industry, and region.
Resin capsules are resin, catalyst and other additives packed in polythene tubes, which are commonly used in tunnel construction, civil engineering and mining industries as an anchoring medium. Key benefits of resin capsules are that they provide quick anchorage, enables high load bearing capacity, high resistance to full column bonded bolts, seals dripping holes, and more importantly provides resistance against fresh or sea water, mild alkalis and acids, and provides support against vibration or blasts.
Demand for strengthening concrete structures has increased the need for chemical bonded anchors, resin capsules play a key role in the grout layers and are used for repair and welding of cracks securing bolts, anchors in drilled holes and other applications. These capsules are best suited on construction sites since they robust and can be easily installed overhead. Resin capsules also find applications in the construction of dams and tunnels. Mining industry is pivotal in a number of countries, with dependence of high-tech industries on rare earths. Coal is one of the leading global commodity sought through mining. Resin capsules are widely used as grouting materials for roof bolting in mines. Increased expansion of the mining industry is expected to boost demand of the global resin capsules market.
However, shelf-life on resin capsules does not exceed 6 months, which makes it extremely difficult to store in large quantities. Exposure to sunlight and heat also reduces its shelf-life. In addition, fluctuations in prices of raw materials and severe health implications are key factors expected to hamper growth of the global resin capsule market over forecast period.
The global resin capsules market report has been segmented on the basis of catalyst type, resin type, end-use industry, and region. On the basis of region, the global resin capsules market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Asia Pacific accounted for the highest share in terms of revenue in the global resin capsules market, followed by North America and Europe. Growth in the Asia Pacific market is attributed to increased export of resin capsules, coupled with high investments in mining and construction activities, particularly in China and India. North America accounted for second-highest share in terms of revenue in the global resin capsules market, owing to increasing infrastructural development in the region. Also, the markets in Europe and Middle East & Africa are expected to witness significant growth in the global resin capsules market, due to increasing mining and excavation activities.
Global resin capsules market segmentation by catalyst type:
- Organic peroxide
Global resin capsules market segmentation by resin type:
- Others (vinyl esters, phenols, and amines)
Global resin capsules market segmentation by end-use industry:
- Others (oil & gas and marine)
Global resin capsules market segmentation by region:
- North America
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2027 Revenue in US$
- Sika AG
- Orica Limited
- DYWIDAG-Systems International USA, Inc.
- Rawlplug Group
- Bohle AG
- Sormat Oy
- fischerwerke GmbH & Co. KG,
- Hexion Inc.
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