Resin Capsule Market Share

Resin Capsule Market Share

Many multinational and regional players are operating the resin capsule market share. Some major companies working in the industry includes:

• Sika Ag
• Fischer Group
• Sormat Oy
• Mungo Befestigungstechnik AG
• Minova
• DSI Underground
• Jennmar Corporation
• Hilti

Major companies in the industry are increasing their market share by acquisition and merger strategy. For instance, In April 2018, DSI Underground acquired Mining Worlds S.A. in Buenos Aires, Argentina. The company operates as a DSI Underground S.A., offering high quality and innovative solutions for the underground industry.
 

Industry Background

Mining, construction and manufacturing industries are evolved over the years to develop support system in order to reduce casualties in mining and construction industry. They are majorly used as an anchoring medium for cable and rock bolts to provide roof and sidewall support in underground activities. Tightening mining and workers safety regulations across the globe are propelling the resin capsule demand in the mining and construction industry, though they are little expensive compared to the cement and other roofing bolting materials. It has reduced the installation time and reduced the incorrect installation.