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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

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Date: 07-Aug-2017
No. of pages: 141
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“Resin capsules market to grow at a CAGR of 4.46% between 2017 and 2022”

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 segment accounted for the largest share in the resin capsules market in 2016”

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 mining industry accounted for a considerably higher market share in the resin capsules market”

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 res in capsules in 2016; however, the construction industry is projected to grow at the highest CAGR from 2017to 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.

“Asia-Pacific to witness the fastest growth during the forecast period”

The Asia-Pacific region is projected to register the highest CAGR, globally, between 2017 and 2022. China was the largest market for resin capsules in the Asia-Pacific region, in 2016. The Chinese market is projected to grow at the highest CAGR during the forecast period. The rapid expansion of economies in this region is driving the growth of the mining industry. As a result, the mining capacity of various metals and minerals is increasing, thereby boosting the demand for resin capsule.

Breakdown of Primaries


  • By Company Type: Tier 1- 33% and Tier2- 67%

  • By Designation: C Level- 33%,D Level- 50%, and Others - 17%

  • By Region: North America- 22%,Europe- 25%, Asia-Pacific- 10%,South America- 15%,and Middle East & Africa - 28%


Note: The tier of the companies is defined on the basis of their total revenue, as of 2016.

Tier 1: Revenue > USD 500 million; Tier 2: USD 100 million < Revenue < USD 500 million

The various key players profiled in the report are as follows:


  • Sika AG (Switzerland)

  • Orica Limited (Australia)

  • Barnes Group Inc. (U.S.)

  • DYWIDAG-Systems International (Germany)

  • Rawlplug (Poland)

  • Bohle AG (Germany)

  • Sormat OY (Finland)

  • Fischer Holding GmbH & CO. (Germany)

  • Arkema SA (France)

  • Hexion Inc. (U.S.).


Research Coverage:

The primary objective of the study is to define, segment, and project the global inres in capsules market on the basis of catalyst type, resin type, end-use industry, and region. The study aims at strategically analyzing micro markets with respect to individual growth trends, future prospects, and their contribution to the total market. It also provides detailed information about the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). In addition to this, the study analyzes competitive developments such as mergers & acquisitions, expansions, new product launches, and research & development activities in the Resin capsules market.

Reasons to buy the report

The report will help the market leaders/new entrants in this market in the following ways:


  • This report comprehensively segments the resin capsules market and provides the closest approximations of the revenue numbers for the overall market and the sub segments across the different verticals and regions.

  • The report helps stakeholders to understand the market and provides them information on key market drivers, restraints, opportunities, and challenges.

  • This report aims to help stakeholders to better understand their competitors and gain more insights into their position in the business. The competitive landscape section includes mergers & acquisitions, expansions, and new product launches.

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

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Regional Scope
1.3.2 Years Considered for the Study
1.4 Currency Considered
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Developing Economies to Witness High Demand for Resin Capsules
4.2 Resin Capsules Market, By Resin Type
4.3 Resin Capsules Market, By Catalyst Type
4.4 Resin Capsules Market, By End-Use Industry
4.5 Resin Capsules Market: Regional Snapshot

5 Market Overview
5.1 Introduction
5.2 Evolution of Resin Capsules
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Investments in the Construction Industry
5.3.1.2 Rapid Urbanization and Industrialization Stimulates the Demand for Resin Capsule
5.3.1.3 Increasing Applications of Resin Capsules in Mining Industry.
5.3.2 Restraints
5.3.2.1 Cost to Benefit Ratio A Concern for Small Manufacturers
5.3.3 Opportunities
5.3.3.1 Mining Sector in Africa and Eastern Europe Offer High Growth Potential
5.3.3.2 New Product Developments to Offer High Growth Potential
5.3.4 Challenges
5.3.4.1 Shorter Shelf-Life of Resin Capsule
5.3.4.2 Health Implications of Resin Capsule
5.3.4.3 Fluctuations in the Prices of Raw Materials
5.4 Impact Analysis

6 Resin Capsules Market, By Catalyst Type
6.1 Introduction
6.2 Organic Peroxides
6.3 Oil-Based
6.4 Water-Based

7 Resin Capsules Market, By Resin Type
7.1 Introduction
7.2 Polyester
7.3 Epoxy
7.4 Acrylic
7.5 Others

8 Resin Capsules Market, By End-Use Industry
8.1 Introduction
8.2 Mining
8.3 Construction
8.4 Manufacturing
8.5 Others

9 Resin Capsules Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Asia-Pacific
9.3.1 China
9.3.2 Australia
9.3.3 India
9.3.4 New Zealand
9.3.5 Japan
9.3.6 Rest of Asia-Pacific
9.4 Europe
9.4.1 Russia
9.4.2 Germany
9.4.3 U.K.
9.4.4 Spain
9.4.5 France
9.4.6 Rest of Europe
9.5 Middle East & Africa (MEA)
9.5.1 South Africa
9.5.2 Saudi Arabia
9.5.3 Turkey
9.5.4 UAE
9.5.5 Rest of MEA
9.6 South America
9.6.1 Brazil
9.6.2 Argentina
9.6.3 Chile
9.6.4 Peru
9.6.5 Rest of South America

10 Competitive Landscape
10.1 Introduction
10.2 Competitive Leadership Mapping
10.2.1 Dynamic Differentiators
10.2.2 Innovators
10.2.3 Visionary Leaders
10.2.4 Emerging Companies
10.3 Competitive Benchmarking
10.3.1 Strength of Product Portfolio
10.3.2 Business Strategy Excellence
10.4 Market Ranking of Key Players

11 Company Profiles
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence & Recent Developments)*
11.1 Sika AG
11.2 Orica Limited
11.3 Barnes Group Inc.
11.4 Dywidag-Systems International
11.5 Rawlplug
11.6 Bohle AG
11.7 Sormat Oy
11.8 Fischer Holding GmbH & Co.
11.9 Arkema SA
11.10 Hexion Inc.
11.11 Mungo
11.12 W R Grace and Company
11.13 Liebig International Ltd.
11.14 Polygon Chemicals Pvt. Ltd.
11.15 Precision Drawell
11.16 Fosroc
11.17 Kee Systems
11.18 Kunal Conchem (P)
11.19 Multifix
11.20 Hightech Mining Products
11.21 Forgefix Ltd.
11.22 Laxmi Industries
11.23 Candorr International

*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence & Recent Developments, Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Introducing RT: Real Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables

Table 1 Asia-Pacific: Urbanization Prospects
Table 2 Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 3 Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 4 Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 5 Resin Capsules Market Size, By Region, 2015–2022 (USD Million)
Table 6 North America: Resin Capsules Market Size, By Country, 2015–2022 (USD Million)
Table 7 North America: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 8 North America: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 9 North America: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 10 U.S.: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 11 U.S.: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 12 U.S.: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 13 Canada: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 14 Canada: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 15 Canada: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 16 Mexico: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 17 Mexico: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 18 Mexico: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 19 Asia-Pacific: Resin Capsules Market Size, By Country, 2015–2022 (USD Million)
Table 20 Asia-Pacific: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 21 Asia-Pacific: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 22 Asia-Pacific: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 23 China: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 24 China: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 25 China: Resin Capsules Market Size, By End-Use Sector, 2015–2022 (USD Million)
Table 26 Australia: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 27 Australia: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 28 Australia: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 29 India: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 30 India: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 31 India: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 32 New Zealand: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 33 New Zealand: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 34 New Zealand: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 35 Japan: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 36 Japan: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 37 Japan: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 38 Rest of Asia-Pacific: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 39 Rest of Asia-Pacific: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 40 Rest of Asia-Pacific: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 41 Europe: Resin Capsules Market Size, By Country, 2015–2022 (USD Million)
Table 42 Europe: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 43 Europe: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 44 Europe: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 45 Russia: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 46 Russia: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 47 Russia: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 48 Germany: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 49 Germany: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 50 Germany: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 51 U.K.: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 52 U.K.: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 53 U.K.: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 54 Spain: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 55 Spain: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 56 Spain: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 57 France: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 58 France : Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 59 France: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 60 Rest of Europe: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 61 Rest of Europe: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 62 Rest of Europe: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 63 Middle East & Africa: Resin Capsules Market Size, By Country, 2015–2022 (USD Million)
Table 64 Middle East & Africa: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 65 Middle East & Africa: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 66 Middle East & Africa: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 67 South Africa: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 68 South Africa: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 69 South Africa: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 70 Saudi Arabia: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 71 Saudi Arabia: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 72 Saudi Arabia: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 73 Turkey: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 74 Turkey: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 75 Turkey: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 76 UAE: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 77 UAE: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 78 UAE: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 79 Rest of MEA: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 80 Rest of MEA: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 81 Rest of MEA: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 82 South America: Resin Capsules Market Size, By Country, 2015–2022 (USD Million)
Table 83 South America: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 84 South America: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 85 South America: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 86 Brazil: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 87 Brazil: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 88 Brazil: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 89 Argentina: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 90 Argentina: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 91 Argentina: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 92 Chile: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 93 Chile: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 94 Chile: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 95 Peru: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 96 Peru: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 97 Peru: Resin Capsule Market Size, By Application, 2015–2022 (USD Million)
Table 98 Rest of South America: Resin Capsules Market Size, By Catalyst Type, 2015–2022 (USD Million)
Table 99 Rest of South America: Resin Capsules Market Size, By Resin Type, 2015–2022 (USD Million)
Table 100 Rest of South America: Resin Capsules Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 101 Market Ranking

List of Figures

Figure 1 Market Segmentation
Figure 2 Resin Capsules Market, By Region
Figure 3 Resin Capsules Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Organic Peroxides Projected to Remain the Largest Catalyst Type Through 2022
Figure 8 Polyester is Expected to Account for the Largest Share in the Resin Capsules Market Through 2022
Figure 9 Mining Segment is Expected to Lead the Market for Resin Capsules Through 2022
Figure 10 Asia-Pacific Dominated the Resin Capsules Market in 2016
Figure 11 Emerging Economies Offer Attractive Opportunities in the Resin Capsules Market
Figure 12 Polyester Segment Expected to Lead the Market Through 2022
Figure 13 Organic Peroxides Segment to Lead the Market During the Forecast Period
Figure 14 Demand for Resin Capsules in the Construction Industry to Grow at the Highest Rate
Figure 15 Organic Peroxides Segment Captured the Largest Share of the Asia-Pacific Market, 2016
Figure 16 Market in China is Projected to Grow at the Highest Rate From 2017 to 2022
Figure 17 Resin Bolting System has Evolved Significantly Since Its Inception
Figure 18 Increasing Investments in the Construction Industry to Drive the Growth of the Resin Capsules Market
Figure 19 Resin Capsules Market, By Catalyst Type, 2017 vs 2022 (USD Million)
Figure 20 Resin Capsules Market, By Resin Type, 2017 vs 2022 (USD Million)
Figure 21 Resin Capsules Market, By End-Use Industry, 2017 vs 2022
Figure 22 Geographic Snapshot: Asia-Pacific Resin Capsules Market Emerging as the New Hotspot
Figure 23 Asia-Pacific Resin Capsules Market Snapshot: China is Projected to Be the Fastest-Growing Market Between 2017 & 2022
Figure 24 Resin Capsule Market:Competitive Leadership Mapping, 2016
Figure 25 Sika AG: Company Snapshot
Figure 26 Orica Limited: Company Snapshot
Figure 27 Barnes Group Inc.: Company Snapshot
Figure 28 Rawlplug Company: Company Snapshot
Figure 29 Arkema SA: Company Snapshot
Figure 30 Hexion Inc.: Company Snapshot
Figure 31 Strength of Product Portfolio

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