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    Resin Capsule Market | Covid-19 Impact Analysis

    Resin Capsule Market | Covid-19 Impact Analysis

    Resin Capsule Market | Covid-19 Impact Analysis
    Report code - SRAM532 Delivery - 2 Weeks
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    Resin Capsule Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-20 See more...
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    Impact of COVID-19 on Resin Capsule Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Resin Capsule Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Resin Capsule Market Insights

    Resin Capsule Market is likely to witness a CAGR of 5.3% during the forecast period. Increase in safety standards in mining, rapid growth in mining industry in the Asia-Pacific region, and growing construction industry across the world are the major factors expected to fuel the growth of the resin capsule market during the forecast period.

    Resin Capsule Market - Snapshot

    Growth

    5.3% for the next five years

    Major Product Type

    Polyester

    Dominant Catalyst Type

    Oxygen Peroxide

    Fastest  Type

    Superfast

    Major End-User Type

    Construction

    Region with the highest demand

    Asia-Pacific

    Key Players

    Bostik (Arkema), Fosroc (JMH Group), Guangzhou Baiyun Chemical Industry Co., Ltd., H.B. Fuller, Hilti Corporation, Pecora, Sika AG, Specified Technologies, The 3M Company, and Tremco Incorporated.

     

    Market Share Analysis

    Resin-Capsule-Market-Dominant-Segments

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    Resin Capsule Market Share: By Product Type

    Based on the product type, the market is segmented as polyester, epoxy, acrylic, and others. Polyester resin capsules are estimated to account for the largest share of the market during the forecast period, owing to high product usage in the mining industry because of the features such as reliability, distributed anchorage, controlled setting time, and chemical & corrosion resistance offered by polyester resins. India, South Africa, Indonesia, Brazil, and Russia are the major countries with rapid growth in manufacturing industry, fueling the market growth during the forecast period.

    Resin Capsule Market Share: By Catalyst Type

    Based on the catalyst type, the market is segmented as oxygen peroxide, oil based, and water based. Oxygen peroxide-based resin capsule is estimated to witness significant growth rate in the market owing to the rapidly growing industrialization and urbanization in the Asia-Pacific region. On the other hand, water-based resin capsules are estimated to hold the major share of the market over the forecast period. Factors such as, their capacity to enhance the quality of mixing, consistency, encapsulating and reducing formulating cost, and rapid growth in the emerging economies such as China, Indonesia, India, and Russia are expected to drive the growth of the market during the forecast period.

    Resin Capsule Market Share: By Type

    Based on the type, the market is segmented as superfast, fast, and slow. Superfast resin capsule is estimated to register high growth rate in the market during the forecast period. It offers quick setting time, and is used in the mining at toe of the hole to grout the bolt quickly.

    Resin Capsule Market Share: By End-User Type

    Based on the end-user type, the market is segmented as mining, construction, manufacturing, oil & gas, and others. Construction is estimated to witness significant growth rate in the market during the forecast period owing to the wide utilization of resin capsules in rock bolting applications across tunneling and dam construction, and increase in the development of infrastructure and road connectivity globally, eventually fueling the resin capsules market growth over the forecast period.

    Resin Capsule Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market with China, Australia, and India being the major countries with lucrative growth opportunities during the forecast period. Growing enhancements in various end-use industries such as mining, construction, and manufacturing, resulting in better outputs are expected to fuel the growth of the regional market over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Resin-Capsule-Market-By-Region

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    Some of the key players in the resin capsule market are-

    • Buildtech Products
    • DSI Underground
    • Fischer Group
    • Hightech Mining
    • Hilti Corporation
    • Jennmar Corporation
    • Minova
    • Mungo Befestigungstechnik AG
    • Sika Ag
    • Sormat Oy.

     

    Market Scope & Segmentation

    Resin capsules are primarily used as an anchoring medium for rock bolts and cable bolts, playing an important role in supporting mining excavations. These capsules are used to enhance the inherent strength of the rock mass stabilization and can also be utilized with hydraulic and pneumatic type bolters.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Resin Capsule Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The resin capsule market is segmented into the following categories.

    Resin Capsule Market Size, Share, & Forecast, by Product Type:

    • Polyester (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Epoxy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Acrylic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Resin Capsule Market Size, Share, & Forecast, by Catalyst Type:

    • Organic Peroxide (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Water based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Resin Capsule Market Size, Share, & Forecast, by Type:

    • Superfast (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fast (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Slow (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Resin Capsule Market Size, Share, & Forecast, by End-User Type:

    • Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Resin Capsule Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Resin-Capsule-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by end-user type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Resin capsule market in the foreseeable future?

    The resin capsule market is expected to witness an impressive growth of 5.3% CAGR in the foreseeable future.

    Who are the key players in the Resin Capsule Market?

    Buildtech Products, DSI Underground, Fischer Group, Hightech Mining, Hilti Corporation, Jennmar Corporation, Minova, Mungo Befestigungstechnik AG, Sika Ag, and Sormat Oy are among the key players in the resin capsule market.

    Which region is expected to lead the Resin capsule market?

    Asia-pacific is expected to lead the resin capsule market during the next five years.

    Which product type is expected to account for the largest share of the Resin capsule market?

    Polyester resin capsules are expected to account for the largest share of the resin capsule market in the coming years.

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