Covid-19 Impact on Resin Capsule Market is Booming Across the Globe, Explores the Latest Report

Matt Easterlin02 Aug, 2023News

The resin capsule market was estimated at USD 755.56 million in 2022 and is likely to grow at a CAGR of 5.36% during 2023-2028 to reach USD 1038.82 million in 2028. What are resin capsules? 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.

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