Particles of encapsulated first epoxy resin (microcapsules) comprise: a) a core of first epoxy resin, within b) a shell comprising an organic polymer, and c) a layer of oil-in-water Pickering emulsifier particles borne on an outer surface of the shell. These particles may be used in liquid adhesive compositions, solid adhesive compositions such as tapes, or in other applications. In various embodiments, the oil-in-water Pickering emulsifier particles comprise materials selected from the group consisting of silica, fumed silica, calcium carbonate, barium sulfate, clay, carbon black, iron oxide, carbon nanotubes, latex, block copolymer micelles, polystyrene, poly(methyl methacrylate), any of the preceding materials which additionally are surface-modified, and combinations thereof. Particles of encapsulated epoxy resin may have an average diameter of 0.1-1000 micrometers, or in some embodiments 30-300 micrometers. The oil-in-water Pickering emulsifier particles may have an average diameter of 5-1000 nanometers, 5-100 nanometers, or in some embodiments 5-50 nanometers.