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Stock impact report

Dynamite (Explosives) Market To Reach USD 22.3 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]

Sasol Ltd. American Depositary Shares (SSL) 
US:NYSE Investor Relations: sasol.com/investor-centre/overview
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 22, 2024 (GLOBE NEWSWIRE) -- High demand for resources propels the industry growth. As the global population expands, the demand for resources and infrastructure development grows, resulting in heightened mining activities and construction projects. According to the World Bank, mining made up approximately 0.9% of global GDP in 2021, underscoring the industry's significant role. Additionally, the United Nations projects that global infrastructure investment requirements will reach USD 94 trillion by 2040, further amplifying the need for dynamite in construction and demolition endeavors. Furthermore, the surge in urbanization and the corresponding demand for residential, transportation, and commercial facilities have been propelling the construction sector, thereby increasing the demand for dynamite. The United Nations predicts that by 2050, 68% of the world's population will reside in urban areas, necessitating substantial infrastructure development Show less Read more
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