DUBLIN--(BUSINESS WIRE)--The "Resin Capsules Market by Catalyst Type (Organic Peroxides, Oil-based, and Water-based), Resin Type (Polyester, Epoxy, and Acrylic), End-Use Industry (Mining, Construction, and Manufacturing), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The Resin Capsules Market Size is Projected to Grow at a CAGR of 4.46% During the Forecast Period And Reach USD 1,256.2 Million By 2022
The resin capsules market has generally been characterized by the rise in prices and increase in competition from producers in less developed countries, especially China, which has been aggressively manufacturing and exporting resin capsules. Continuous changes in the landscape of resins employed in the manufacture of resin capsules have shifted the focus of market players toward constant innovations in technologies that can ensure the beneficiation.
Advancements in terms of product innovations and technologies are expected to create strong investment opportunities for resin capsule manufacturers. Fluctuations in the prices of raw materials used in resin capsules are expected to be the major restraint for market players, whereas shorter shelf-life of resin capsules is expected to pose a challenge to the growth of the market during the forecast period.
The polyester dominated the resin capsules market in 2016 and is projected to retain the leading position through 2022. This can be attributed to the high demand from the mining and construction industries, owing to reasons such as price efficiency, performance, and in particular, their superior UV resistance in comparison to other resin types.
The resin capsules market has been segmented on the basis of end-use industry, mining, construction, manufacturing, and others (oil & gas and marine). The mining industry led the market for resin capsules in 2016; however, the construction industry is projected to grow at the highest CAGR from 2017 to 2022. Continuous demand for minerals and rare earth metals has propelled the growth mining activities, which drives the demand of resin capsules. The mining industry utilizes resin capsules for rock bolting and cable bolting. It also uses resin capsules to support roofs and sidewalls in underground excavations.
The Asia-Pacific region is projected to register the highest CAGR, globally, between 2017 and 2022
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Resin Capsules Market, By Catalyst Type
7 Resin Capsules Market, By Resin Type
8 Resin Capsules Market, By End-Use Industry
9 Resin Capsules Market, By Region
10 Competitive Landscape
11 Company Profiles
- Arkema Sa
- Barnes Group Inc.
- Bohle Ag
- Candorr International
- Dywidag-Systems International
- Fischer Holding Gmbh & Co.
- Forgefix Ltd.
- Fosroc
- Hexion Inc.
- Hightech Mining Products
- Kee Systems
- Kunal Conchem (P)
- Laxmi Industries
- Liebig International Ltd.
- Multifix
- Mungo
- Orica Limited
- Polygon Chemicals Pvt. Ltd.
- Precision Drawell
- Rawlplug
- Sika Ag
- Sormat Oy
- W R Grace And Company
For more information about this report visit https://www.researchandmarkets.com/research/9h8rsw/resin_capsules
