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NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global aggregates market size is estimated to grow by USD 51.86 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.2% during the forecast period. Rising investments in construction sector is driving market growth, with a trend towards increasing preference for pea gravel over crushed stone. However, illegal mining activities poses a challenge. Key market players include Anglo American plc, Boral Ltd., Buzzi SpA, CEMEX SAB de CV, China Resources Holdings Co. Ltd., CRH Plc, EUROCEMENT Group, Fisher Sand and Gravel Co., HeidelbergCement AG, Holcim Ltd., Irving Materials Inc., LSR Group, Martin Marietta Materials Inc., Rogers Group Inc., Sika AG, UEM Group Berhad, Vicat, Vulcan Materials Co., Adbri Ltd., Carmeuse Coordination Center SA and, LafargeHolcim. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The aggregates market is experiencing significant growth, particularly in emerging economies where infrastructure development is a priority. Cement, concrete manufacturing, and railway ballast are key applications, with demand driven by transport infrastructure projects. The construction sector, including road base & coverings, crushed stone, sand, gravel, concrete blocks, pipes, bricks, and high-rise buildings, also contributes to market growth. Natural sediments like granite and limestone, as well as composite materials, are popular foundation materials for infrastructure projects such as airport runways, highways, railroads, parking lots, and water filtration & purification systems. Infrastructure problems due to urbanization and industrialization necessitate investment in new projects. The application segments of roadway and railway are major consumers, with the Bipartisan Infrastructure Law boosting demand. Major aggregate producers face volatility due to factors like inflation, oil & gas prices, shipping costs, and interest rates. The manufacturing process must prioritize efficiency and productivity to deliver high-quality products. Digital transformation, such as the Hydro-Clean washing unit by Haver & Boecker, streamlines the process and reduces transportation costs. The coronavirus pandemic has disrupted supply chains, causing price fluctuations. Aggregates are essential for infrastructure development, from infrastructure projects to tourism activities. The United Nations and World Bank the importance of sustainable infrastructure development to meet the needs of the growing global population. The global aggregates market is experiencing a trend towards the use of pea gravel over crushed stone for various applications. Pea gravel, also known as pea stones, consists of small, round stones approximately the size of peas. These stones are preferred for above-ground projects due to their smooth finish and various color options, which make them an excellent complement to landscaping. In high-traffic areas, such as playgrounds, patios, and walkways, pea gravel is a popular choice due to its ease of use and durability. Additionally, pea gravel is increasingly used in underground projects, including pipe bedding and drainage, as well as fence post installation aggregate. Its small size and round shape make it an effective and efficient solution for these applications. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! • The aggregates market is experiencing significant growth due to the increasing demand for infrastructure development in emerging economies. However, challenges persist in the form of transport infrastructure limitations, which impact the cost and efficiency of cement, concrete manufacturing, and the transportation of crushed stone, sand, gravel, and other aggregates. Cement, concrete blocks, pipes, bricks, and high-rise buildings are major applications for aggregates in roadways, railway, and new infrastructure projects. Natural sediments like granite and limestone, as well as composite materials, are essential foundation materials for airport runways, highways, railroads, parking lots, and water filtration and purification systems. Infrastructure problems caused by urbanization and industrialization necessitate the production of high-quality products using digital transformation and advanced manufacturing processes. Major aggregate producers face volatility in prices due to inflation, oil & gas prices, shipping costs, and interest rates. The coronavirus pandemic has added to the challenges, causing disruptions in drilling, blasting, and transportation. The Bipartisan Infrastructure Law aims to address transportation cost issues and improve overall efficiency. The United Nations and the World Bank are also investing in infrastructure development to accommodate the growing global population and its urban and commercial needs. Triple Five Group's American Dream Mall and tourism activities are just a few examples of the infrastructure development that requires aggregates. • The global aggregates market, particularly the sand segment, faces significant challenges from illegal mining activities. This issue is particularly prevalent in countries like India , where natural resources are being excessively exploited. The unregulated nature of the aggregates market contributes to the rise of these illegal activities. In India , sand mining has become a major concern, with it being referred to as a black market due to the large quantities of aggregates extracted annually without proper authorization. The depletion of natural resources and political pressures have led to an increase in the production of manufactured sand (M-sand), which is a more sustainable alternative as it does not require the extraction of natural resources. Insights into how AI is reshaping industries and driving growth- Download a Sample Report This aggregates market report extensively covers market segmentation by 1.1 Concrete 1.2 Road base and coverings 1.3 Others 2.1 Crushed stone 2.2 Sand and gravel 2.3 Others 3.1 APAC 3.2 Europe 3.3 North America 3.4 Middle East and Africa 3.5 South America 1.1 Concrete- The aggregates market encompasses various types of materials used in construction applications, including sand, gravel, granite, and crushed stones. Sand, derived from disintegrated rocks, is a crucial component in construction, providing strength and enhancing the properties of concrete and asphalt. Coarse sand, river sand, manufactured sand, and m-sand are common types. M-sand, obtained from crushed hard granite stones, is increasingly used as a substitute for river sand. Coarse sand is utilized in the production of ready-mix concrete, while river sand is widely employed for concreting and plastering. Crushed stones are essential for constructing railroads, airports, highways, buildings, factories, and water and sewage systems. Gravel aggregates, derived from quarried rock sifting and natural stone crushing, are cost-effective alternatives to granite aggregates. They are used in concretes, foundations, and reinforced concrete products. The demand for these aggregates, particularly in the concrete segment, is expected to drive the growth of the global aggregates market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) The aggregates market encompasses a wide range of minerals including crushed stone, sand, gravel, cement, concrete manufacturing materials, and natural sediments. These essential raw materials play a crucial role in the development of transport infrastructure, particularly in emerging economies. Applications span across various sectors such as roadway, railway, new infrastructure projects, and industrial construction. Aggregates are integral to the production of concrete blocks, pipes, bricks, high-rise buildings, and composite materials. They serve as foundation materials for highways, railroads, airport runways, and parking lots. Additionally, they are used in water filtration and purification systems, as well as soil erosion control. Natural sediments like sand, gravel, and crushed stone are extracted through drilling, blasting, or quarrying. Limestone and granite are popular choices for their durability and versatility. Aggregates' economic significance is reflected in their correlation with a country's GDP growth. The market's demand is driven by the increasing need for infrastructure development and urbanization. The aggregates market is experiencing significant growth due to the increasing demand for transport infrastructure development in emerging economies. Cement, concrete manufacturing, railway ballast, road base & coverings, crushed stone, sand, and gravel are among the key raw materials driving this growth. The GDP of these economies is expanding, leading to an increase in infrastructure projects, including high-rise buildings, airports, highways, railroads, and parking lots. Natural sediments such as sand, gravel, and crushed stone are extracted through various methods like drilling, blasting, and quarrying. Composite materials and natural sediments like granite and limestone are also used as foundation materials. Infrastructure problems caused by urbanization and industrialization are driving the need for infrastructure development. The United Nations and World Bank are investing in new infrastructure projects to address these issues. The application segments for aggregates include roadway and railway. The use of aggregates extends beyond infrastructure projects to include applications in composite materials, natural sand, water filtration, and purification. The construction materials industry is also experiencing digital transformation, with companies investing in high-quality products and efficient manufacturing processes. The market is facing challenges such as inflation, volatility in prices, transportation cost, and interest rates. The coronavirus pandemic has also affected the market, leading to supply chain disruptions and increased shipping costs. Despite these challenges, major aggregate producers are adapting to the changing market conditions and exploring new transportation modes like trucks, trains, and ships to meet the growing demand. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Application Concrete Road Base And Coverings Others Product Crushed Stone Sand And Gravel Others Geography APAC Europe North America Middle East And Africa South America Type. 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioSavings targets could cost 10,000 civil service jobsEx-defence chief in South Korea tried to kill himself after being arrested over martial law case
OVP budget cut stays; big gains for DPWH, HouseMOLLY-MAE Hague has shared a brand new update about her fashion brand Maebe. The social media star faced major backlash recently after fans were left disappointed at failing to get their hands on the pieces amid with Molly herself admitting stock issues were "frustrating". It caused her to tell her fans that she would be working hard to improve the brand's stock levels in the New Year but it appears as though the mum-of-one has managed to sort it earlier. In a new update on the Maebe Instagram account, it was revealed that the brand had THREE brand new T-shirts available for sale. The Power Tee comes in three different colours - Black, White and Wine , a deep red colour. The T-shirts are already available to purchase with Molly's fans likely desperate to get their hands on the garments amid the recent issues. The Love Island alum, 25, launched Maebe - her quality range of staples including boxy jackets, adjustable-waist jeans and short-sleeve knit tops - earlier this year. Huge fan demand saw the garments sell-out completely in 24 minutes - while others took aim at the price point and quality. Molly recently took to her Instagram comments section as fans talked of their struggles to get their hands on the garments , which combine comfort with style. One potential buyer put: "I've never been interested quite frankly. "It's very over-priced for what it is, but I genuinely just liked the set! "It's a rubbish experience, it's just a game of whoever can type the fastest or who has their details saved, most shops allow you a bit of time to check out." The YouTube star - who already owns fake tan brand Filter - then directly commented underneath. In a candid reply she wrote: "I couldn't agree with you more on the stock front, it's really frustrating. "Unfortunately I just didn't back myself enough when we planned these quantities a very long time ago. "I promise you this is something I am in total agreement with you on and it's something that in the New Year we will improve upon now that we have an understanding of the demand. "I'm really sorry you feel let down - I'm learning as I go and will make this a better buying experience for you as soon as we can." EVER since Molly-Mae Hague, 25, walked into the Love Island villa back in 2019, I’ve always been a mega fan. After hearing the news that she was coming out with a fashion brand, of course I was excited. But as much as I hate to admit it, I’m disappointed. I understand that she’s launched Maebe as a more high class brand. I know it’s not going to be Shein quality. But with prices varying from £35 to £140, I’m definitely not impressed. Maebe’s “ultimate blazer” is priced at an eye-watering £140, whilst a very simple, plain white tee is a whopping £35. Not only this, but the “contour popper top” is £50, and a seemingly boring white shirt will set you back a whopping £65. And if that wasn’t bad enough, £90 for a pair of jeans? I understand paying £50 for a pair of good quality denims, but £90?! That’s incredibly steep considering you can get Levi’s, a well-established brand that’s been going for donkey years, for just a tenner more. So, will I be buying anything from Maebe? The only thing I can say to that is Maebe (definitely) not. by Abigail Wilson, Senior Digital Writer
AKOOL and Immerso AI, a subsidiary of Eros Digital, join forces to revolutionize the digital immersion and video markets, combining cutting-edge generative AI technologies with one of the world’s largest Bollywood content libraries. PALO ALTO, Calif. , Nov. 25, 2024 /PRNewswire/ -- AKOOL, Inc., the global leader in generative AI video, is excited to announce its strategic partnership with Immerso AI, a wholly owned subsidiary of Eros Digital, the largest producer and distributor of Bollywood content worldwide. This partnership aims to transform the digital immersion and video markets through cutting-edge AI technologies, merging Immerso AI's extensive digital IP content libraries with AKOOL's generative AI expertise. With a vast library of over 12,000 digital titles, Eros Digital brings invaluable content assets to the collaboration. Together, the alliance will leverage this repository to deliver groundbreaking AI-driven experiences for the video and digital business and consumer markets. Headquartered in Silicon Valley, AKOOL specializes in generative AI for visual applications, renowned for its Faceswap and Avatar technologies that lead innovation in the field. The partnership will focus on developing unique AI applications, including personalized movie recommendations, AI-generated visual effects tailored for Bollywood films, and automated editing tools for content creators. Additionally, AKOOL will fine-tune AI models to meet the specific needs of the Bollywood market, enhancing content delivery and audience engagement. Jiajun Lu , CEO of AKOOL, shared, "Partnering with Immerso AI and Eros Digital is a significant milestone. Their vast media assets and market presence perfectly complement our advanced AI technology. Together, we'll create innovative solutions to revolutionize content creation and consumption. By leveraging Eros Digital's extensive video library, we can develop AI-tuned models that redefine Bollywood's digital landscape." Under the agreement, Immerso AI will lead regional business development and handle operations, while AKOOL will focus on technical development and proprietary AI innovations. Both companies will share rights to jointly developed intellectual property, fostering a collaborative approach to commercialization. For more information about AKOOL and its innovative AI solutions, visit www.akool.com . About AKOOL, Inc.: AKOOL is a leading AI technology company based in Palo Alto, CA , specializing in generative AI for visual applications. The company develops state-of-the-art AI solutions to drive innovation in video and digital immersion markets. View original content to download multimedia: https://www.prnewswire.com/news-releases/akool-announces-strategic-bollywood-partnership-to-revolutionize-ai-in-digital-immersion-and-video-markets-302315726.html SOURCE AKOOL
X , “the everything app ”, has it all, according to billionaire owner Elon Musk ’s preferred tagline. On offer today is a catty exchange between Musk, the world’s richest man, and the world’s second richest man, Amazon founder Jeff Bezos . Musk, a rabid supporter of President-elect Donald Trump who denies he goes around offering acquaintances his semen, tweeted on his social network that he’d heard “Bezos was telling everyone [Trump] would lose for sure, so they should sell all their Tesla and SpaceX stock 🤭.” Musk is the CEO of both companies, while Bezos owns rival space firm Blue Origin. Bezos shot down the claim: “Nope. 100% not true.” The buff-bodied online retail magnate certainly didn’t exhibit any preference for Trump’s opponent , Vice President Kamala Harris , during this year’s presidential campaign. In fact, he kiboshed an editorial page endorsement of Harris at the Washington Post , which he’s owned since 2013, provoking ire from hundreds of thousands of subscribers who canceled their subscriptions en masse. so funny the second richest man is bothering to respond to this pic.twitter.com/Bi4gADndvQ A species of deep sea fish rarely seen at the ocean’s surface has been spotted numerous times on California beaches, and according to Japanese folklore it could be a bad omen. Three oarfish, which can grow over 30 feet long and are also known as “Doomsday Fish,” have been found dead on Southern California beaches over the past few months. Before that, researchers had only documented 19 beached oarfish in the state since 1901, reported The Sun . The most recent oarfish find was collected from Encinitas beach on Nov. 6, while the others were found on Huntington Beach in September and La Jolla in August. 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If you refresh your cabinets with these today, you’ll also receive a free Glass Wine Set. Free Shipping Kamala Harris retreated to Hawaii with husband Doug Emhoff for a week-long vacation on Tuesday, further shielding herself from the public eye after her loss to Donald Trump in the presidential election. The Federal Aviation Administration enforced a temporary flight restriction over Kona and Waimea on Hawaii’s big island from Tuesday to noon the next Monday, the Honolulu Star-Advertiser reported. Harris’ vacation comes as Democrats try to push through more of Joe Biden’s judicial nominees before they lose control of the Senate in January. As the president of the Senate, Harris is often the tie-breaking vote for the Democrats’ slim majority. A Harris aide told NBC News that Harris delayed her trip in case she was needed to vote on any nominees, but the team is now anticipating she’ll be needed in December. “She will definitely be available for any tie votes,” another senior aide said. Chris Cuomo is once again opening up about his firing from CNN. “You only live going forward, and CNN is part of my past,” the anchor told People . Cuomo was axed from the network in December 2021, after advising his brother, former New York Governor Andrew Cuomo, on how to navigate sexual harassment allegations . (The elder Cuomo has continually denied any wrongdoing.) Chris was “livid” over his termination, and eventually sued CNN for $125 in damages. He resurfaced at News Nation , and while he told People that “living in the past is very poisonous because you can’t change it,” he did spend the bulk of the interview talking about the past and defending his decision to help his brother. (For whom, incidentally, he also voted as a write-in candidate for president.) “I never kept any secrets about what I was doing,” he said. “I’ll always help my family.” Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. As any true audiophile already knows, Amazon Music Unlimited has long been a reliable destination for an elevated listening experience. With millions of high-quality songs and an unparalleled collection of top ad-free podcasts, the platform’s catalog is curated to capture both your attention and your imagination. Now, Amazon is raising the bar with an exciting update: Audible is officially joining Amazon Music Unlimited, cementing the brand’s status as an all-in-one audio hub . Audible’s industry-leading catalog of audiobooks features an expansive selection of can’t-miss bestsellers, hot-off-the-press exclusives, and timeless classics to immerse yourself in. 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A New York lawmaker eager to cash in on a feud between Whoopi Goldberg and a Staten Island bakery showed up Wednesday at the Capitol with a box of the pastry shop’s signature sweet. Rep. Nicole Malliotakis (R-NY) set out boxes of Charlotte Russe cakes from Holtermann’s Bakery near the steps of the House of Representatives and demanded that The View host apologize for telling viewers the bakery had refused to serve her because of her politics. “This is a small business, and somebody going on national TV like that could break a business,” she told the New York Post . In fact, business has been booming ever since Goldberg accused an unnamed bakery last week of refusing to fill her birthday order. Her team managed to procure the desired dessert—a mini sponge cake with strawberries and whipped cream—by calling back and not saying her name. “Perhaps they did not like my politics,” Goldberg said at the time. Fans quickly recognized Holtermann’s packaging, and the bakery disputed Goldberg’s version of events. They’ve arrived! All the way from #StatenIsland New York, Whoopi Goldberg’s FAVORITE Charlotte Russe cakes from our 146-year-old staple Holtermann’s Bakery. Everyone’s been asking me about them so we’ll be handing them out to members and staff on the House Steps at 4:30! pic.twitter.com/5eZhaRJEa1 Elon Musk and Vivek Ramaswamy are calling for an end to remote work for federal employees, labeling it a pandemic-era “privilege” that taxpayers shouldn’t have to fund anymore. In a Wall Street Journal op-ed published Wednesday, the two nominees to head Donald Trump ’s proposed Department of Government Efficiency (DOGE), said requiring federal employees to return to the office full-time would lead to a wave of voluntary resignations, helping to shrink the government workforce. “If federal employees don’t want to show up, American taxpayers shouldn’t pay them,” they wrote. The proposal could impact more than a million workers, although only about 10 percent of federal employees are working fully remote, according to the Office of Management and Budget. The proposed remote working ban is among the first actual policies laid out for DOGE—named after Musk’s favorite meme-based cryptocurrency. In their op-ed, the pair said they wanted to target the thousands of rules and regulations issued by “unelected bureaucrats” every year as part of their mission to help Trump “cut the federal government down to size.” As the Journal reported , however, there could be a hitch to the remote working ban: DOGE may not have the legal power to order federal employees back to the office. After months on the market, the Los Angeles estate belonging to Sean “Diddy” Combs has finally attracted an interested buyer—but they’re offering half the asking price, the New York Post reports. Diddy listed the 17,000-square-foot home—which has 10 bedrooms, a 35-seat theater, and a sinister history—for $61.5 million in September, after purchasing it for $39 million in 2014. Real estate executive Bo Belmont is now offering $30 million ”to remove the stigma and focus on the charming elegance of this remarkable property,” he said in a press release . The Beverly Hills estate is one of the homes the feds raided in September, when they confiscated all that lube ; it’s also believed to be one of the sites where Diddy held his alleged “freak-offs.” An unnamed People source predicted earlier this month that finding a buyer who could “see beyond the headlines” would “definitely” be “an uphill battle.” Belmont, for what it’s worth, seems focused on the “beautiful, bucolic setting” and the “picturesque trees, foliage, and walkways‚” so at least that’s something. The International Criminal Court on Thursday issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu , his former defence minister Yoav Gallant, and Hamas leader Mohammed Deif for alleged war crimes and crimes against humanity. ICC prosecutor Karim Khan announced in May that he was seeking warrants related to the Oct.7 Hamas attacks on Israel and Israel’s subsequent military conduct in the Palestinian territory Gaza . Roughly 700 Israeli civilians, and 1,200 people overall, were killed in the Oct. 7 attacks, according to Israel social security data. Over 44,000 have died during Israel’s subsequent 13-month siege on Gaza, according to local health officials. Human rights officials with the United Nations estimate nearly 70 percent of the deaths in Gaza have been women and children. “No one is above the law,” said Agnès Callamard, the Secretary General of leading human rights organization Amnesty International, after the announcement. Several Israeli officials hastily condemned the ICC’s decision. “These arrest warrants are a reward for terrorism,” said Israel’s opposition leader Yair Lapid. The U.S. Senate overwhelmingly rejected three resolutions that would have halted some weapons transfers to Israel on Wednesday. Incoming Senate Majority Leader John Thune (R-SD) has threatened the ICC with sanctions over its case against Israel. Israel’s military says it killed Deif in August though his death remains unconfirmed by Hamas. Are you an amateur photographer, a curious learner, or a budding entrepreneur? Adobe Creative Cloud can take your photos, skills, or business to the next level. This premium suite encompasses over 20 Adobe apps. Normally, a one-year subscription is $59.99 a month. For Black Friday, Adobe is lowering the cost of a year’s subscription to just $29.99 a month. 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Speaking to reporters Wednesday at the Capitol, Nye was particularly critical of Kennedy’s stance against the addition of fluoride to drinking water. “I think he’s lost his way,” Nye said, suggesting that fluoride’s benefits in preventing cavities had helped improve his own dental health as he grew up in Washington, D.C., where the mineral is added to the water supply. The 68-year-old, known for his colorful bow ties, was in Washington to give the Food and Drug Administration ”just a bit of a nudge” on a treatment for spinocerebellar ataxia, a rare genetic disorder affecting motor coordination that runs in his family. As Politico reported, the Science Guy was equally blunt about Kennedy’s other weird and unscientific health claims , including his vaccine skepticism. “His other claims are extraordinary, and I really hope somebody will reconsider his position,” Nye said. Several American Airlines passengers subdued a highly agitated man who reportedly tried to open the cabin door mid-air, according to ABC affiliate station WFAA , which obtained the police report. During a flight from Milwaukee to Dallas-Fort Worth airport on Tuesday, the man allegedly got out of his seat to approach a flight attendant, insisting he needed to get off the plane. When the crew member told him he couldn’t do that, WFAA reports that he became increasingly upset, allegedly charging the flight attendant and hitting them. “He was going for the door,” Doug McCright, one of three passengers who intervened, told ABC News . “So I just grabbed this guy from behind and kept him from pulling the thing.” The trio then bound the man’s wrists and ankles with duct tape and kept him pinned to the floor for the remainder of the flight. He was taken for a mental health exam upon landing, while American Airlines issued a statement thanking its team and customers for “managing a difficult situation.”Akello defies odds to clinch November Mug of the Month at Nyanza Golf Club