RESIN CAPSULES MARKET ANALYSIS

Resin Capsules MarketSize and Trends

Resin Capsules -Market Outlook

• Asia Pacific is the leading market for resin capsules, owing to high investments in construction and mining industries. Regions such as India, China, and Australia have mineral resources of zinc, copper, aluminum, coal, limestone, and other precious metals which boost the resin capsules market. The plan of Indian government to auction 280 mines in 2017-18 with expected mineral value of US$ 153.64, will further boost the market for resin capsules. Moreover, various investment plans such as US$ 83.2 million by Hindustan Zinc by 2018 and US$3.72 billion by NALCO by 2020 in India, will benefit the resin capsules market. The rapid infrastructure development in China, is also propelling the growth of the market.
• U.S. has a lucrative demand for resin capsules in mining and construction industry. The investments of around US$ 33 billion by Canada and US$ 1 trillion by USA on infrastructure development in 2017, will be contributing towards the growth of resin capsules market.
• The demand for resin capsules in Europe is expected to increase, owing to the infrastructure development and increasing mining industries.
• In Middle East and Latin America, the infrastructure projects such as US$ 200 billion as part of 2030 development plan in Qatar and US$ 70 million infrastructure development in Columbia will rise the demand for resin capsules. Furthermore, the mining activities in this region will cause the growth of the demand for resin capsules.
• Africa has rich mineral resource. The investments done by the African government and mining companies in mining sector, will propel the growth of resin capsules market.