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US Stormwater Management Market Size Worth USD 15.05 Billion by 2033 | SNS Insider
Globenewswire· 2025-12-07 13:00
Core Insights - The U.S. Stormwater Management Market is projected to grow from USD 8.25 billion in 2025 to USD 15.05 billion by 2033, with a CAGR of 7.8% [1][6] Market Growth Drivers - There is an increasing demand for eco-friendly stormwater management solutions due to a growing emphasis on sustainability in urban design and construction [1][2] - Local governments are seeking robust infrastructure solutions to comply with environmental regulations, driving market expansion and innovation [2] Market Segmentation By Service Type - In 2024, Installation Services accounted for approximately 43% of total revenue, driven by urban development and infrastructure renewal [7] - The Annual Maintenance Services segment is expected to grow at the largest CAGR during the forecast period [7] By Solution Type - The Detention & Infiltration segment held the largest market share in 2024, essential for managing stormwater runoff [8] - Biofiltration systems are projected to experience the largest CAGR, utilizing vegetation and microorganisms for stormwater treatment [8] By End-user - The Community, Government & Military segment captured the largest market share in 2024, influenced by stringent regulations and environmental mandates [9] - The Commercial segment is expected to grow at the largest CAGR, as businesses adopt stormwater management systems to meet environmental standards [10] Regional Insights - The U.S. held the largest market share in 2024 due to significant infrastructure needs, urbanization, and strict environmental regulations [11] Recent Developments - A survey by Advanced Drainage Systems revealed that over half of Americans are concerned about flooding, with 64% believing stormwater negatively impacts their communities [12] Key Market Players - Leading companies in the U.S. stormwater management market include Advanced Drainage Systems, Contech Engineered Solutions, and Hydro International among others [5]
Australia eyes Indonesia’s nickel in its play for critical mineral supremacy
Yahoo Finance· 2025-11-13 17:13
Core Insights - Indonesia is the world's largest producer of nickel, holding 42.3% of global reserves and home to significant deposits like Sorowako and Weda Bay [2][3] - Chinese companies dominate Indonesia's nickel production, owning approximately 40% of mined nickel and holding stakes in 75 out of 357 nickel projects [1] - The Australian government is keen to enhance its role in the global supply chain for critical minerals, particularly nickel, to support its electric vehicle (EV) industry [5][6] Production and Market Dynamics - Indonesia's nickel production increased from over 1,400 tonnes in 2022 to nearly 2,000 tonnes in 2024, contributing to a global nickel surplus expected to last until 2027-28 [9][13] - The average nickel price fell to $16,234 per million tonnes in Q3 2024, a 20.4% decrease compared to the same period in 2023, due to high production levels [10] - Indonesia's share of global mined nickel surged from 16% in 2017 to over 50% by 2024, driven by its ability to undercut competitors [13][14] Policy and Regulatory Environment - The Indonesian mining ministry announced a reduction in the validity term for nickel mining quotas from three years to one, which has raised concerns among miners about potential delays [11][12] - Indonesia's "hilirisasi" policy aims to promote domestic processing of minerals while reducing reliance on coal, but it raises questions about balancing environmental goals with economic benefits [16][21] Environmental and Social Considerations - Nickel mining in Indonesia has led to significant environmental degradation, including deforestation and pollution in ecologically sensitive areas like Raja Ampat [17][19] - Reports indicate that ESG standards in Indonesian nickel mining are largely voluntary, and stronger compliance could attract more investment from the US and Australia [20][21]