Dywidag-Systems International (Germany) and Sormat OY (Finland) are the Top Players in the Resin Capsules Market


Posted May 13, 2019 by abhijeetw1

The market for resin capsules is projected to grow from USD 972.8 million in 2016 to USD 1,256.2 million by 2022, with a CAGR of 4.46%, as studied from 2017.

 
MarketsandMarkets projects the resin capsules market to grow from USD 1,010.0 Million in 2017 to USD 1,256.2 Million by 2022, after growing at a CAGR of 4.46% from 2017. The resin capsules market is fairly competitive due to the presence of large players who have a strong foothold in the market. Fluctuations in the prices of raw materials have made a significant contribution to the overall slowdown in the resin capsule industry.

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The global market for resin capsules is dominated by the presence of large players such as 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), and Hexion Inc. (U.S.). These companies use various strategies such as mergers & acquisitions, expansions, new product launches, and partnerships to strengthen their position in the market. Mergers & acquisitions formed the most adopted strategy by players during the study period of the competitive landscape.

The resin capsules market witnessed several mergers & acquisitions by key players to expand their product & service portfolios and improve their distribution network through acquisitions. Expansion & divestures formed the second-most adopted key strategy by market players in order to expand their geographical reach to untapped markets and through the divestment of the non-profitable or non-core business units to utilize resources in core business areas. The increase in demand for resin capsules, coupled with high development in the infrastructural construction growth in emerging markets, has encouraged companies to adopt this strategy.

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Target Audience:
Resin capsule manufacturers
Resin capsule traders/distributors/suppliers
Manufacturers of raw materials
Regulatory bodies
Research organizations
Association and industry bodies
End-use industries
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]
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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags capsules , resin , resin capsules , resin capsules market
Last Updated May 13, 2019