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Day: August 30, 2022

Metal Cutting Tools Market to Reach USD 105.46 Billion by 2029 | Great Demand for CNC Lathe Machines to Assist Metal Cutting Tools Market Growth

Companies covered in the metal cutting tools market are Yamazaki Mazak Corporation, Doosan Machine Tools Co., Ltd., Trumpf, Amada Machine Tools Co., Ltd, JTEKT Corporation, Okuma Corporation, Hyundai WIA, FANUC America Corporation, Komatsu Ltd., and more players profiled Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global metal cutting tools market size was valued at USD 73.29 billion in 2021. The market is projected to grow from USD 75.97 billion in 2022 to USD 105.46 billion by 2029, exhibiting a CAGR of 4.8% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Metal Cutting Tools Market, 2022-2029.” Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/metal-cutting-tools-market-101751 List of Key Players Mentioned in the Report:Yamazaki...

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Abrasives Market to Reach USD 64.81 Billion by 2029 | Abrasives Industry to Grow at a CAGR of 5.9% During 2022-2029

Key companies covered in Abrasives Market are The 3M Company (U.S.), Saint-Gobain (U.S.), Krebs & Riedel (Germany), Asahi Diamond Industrial Co., Ltd. (Japan), Robert Bosch GmbH (Germany), Fujimi Incorporated (Japan), Henkel AG & Co. KGaA (Germany), Carborundum Universal Limited (India), NIPPON RESIBON CORPORATION (Japan), KWH Mirka (Finland), NORITAKE CO., LIMITED (Japan) and Other Key Players. Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global abrasives market size was USD 41.05 billion in 2021. The market is projected to grow from USD 43.43 billion in 2022 to USD 64.81 billion by 2029 at a CAGR of 5.9% during the 2022-2029 period. Fortune Business Insights™ publishes this information in a report titled, “Abrasives Market, 2022-2029”. As per the report, the market is expected to grow during the projected...

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Food Service Market Projected to Reach USD 5,194.60 Billion by 2029 | At 10.76% CAGR During Forecast Period 2022-2029

Key companies covered in food service market are McDonald’s (U.S.), Starbucks (U.S.), Yum! Brands, Inc. (U.S.), Darden Restaurants, Inc. (U.S.), Restaurant Brands International Inc. (Canada), The Wendy’s Company (U.S.), Bloomin’ Brands, Inc. (U.S.), Papa John’s International, Inc. (U.S.), Chipotle Mexican Grill, Inc. (U.S.), Domino’s (U.S.) ajnd many more Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global food service market size crossed USD 2,323.29 billion in 2021. The market value is projected to rise from USD 2,540.05 billion in 2022 to USD 5,194.60 billion by 2029 at a CAGR of 10.76% during 2022-2029. Growth can be attributed to the rising disposable incomes of consumers, evolving lifestyles of consumers, particularly millennials, and the rising number of cafes, restaurants, and fast-food chains. Growing...

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Schlumberger, Aker Solutions and Subsea 7 Create Joint Venture

Luxembourg – 30 August 2022 – Schlumberger, Aker Solutions and Subsea 7 today announced an agreement to form a joint venture to deliver a step change in subsea production economics by helping customers unlock reserves, reduce time to first oil and lower development costs while simultaneously delivering on their decarbonization objectives. The proposed joint venture will comprise the subsea businesses of Schlumberger and Aker Solutions, with Subsea 7 purchasing 10% of the joint venture for $306.5 million. This combination brings together deep reservoir domain and engineering design expertise, an extensive field-proven subsea production and processing technology portfolio, world-class manufacturing scale and capabilities, and a comprehensive suite of life-of-field solutions to customers all over the world. The transaction is subject...

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Adevinta ASA (ADE) – Adevinta reports strong Q2 2022 financial performance; confirms targets for Core Markets, FY 2022 and Synergies

New CEO, Antoine Jouteau, appointed 15 August 2022 Core markets revenues up 10% year-on-year and Group EBITDA margin up 260 basis points vs. Q1 2022  Portfolio optimisation progressing at pace, with exit process underway for Mexico along with the sale of Australia and South Africa announced Continued delivery on strategy for growth businesses; FY 2022, mid to long term and synergy targets confirmedOslo, 30 August 2022 – Adevinta ASA (ADE) (“Adevinta” or “the Company”) reported strong revenue growth of 8%1 in the second quarter compared to the same period last year. This can be attributed to strong recovery in Mobile.de and continued solid performance in other core markets, with Adevinta’s core markets posting a combined 10% year-on-year revenue growth. Online classifieds revenues improved by 11% year-on-year, supported by double-digit...

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Powder Coatings Market to Reach USD 18.95 Billion by 2028 | Powder Coatings Industry Exhibit A CAGR of 6.2%

Key companies covered are PPG Industries, The Sherwin-Williams Company, Jotun, Akzo Nobel N.V., Kansai Nerolac Paints Limited, Berger Paints India Limited, TCI Power, BASF SE and more players profiled in a powder coatings market research report. Pune, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global powder coatings market size was USD 11.58 billion in 2020 and is anticipated to reach USD 18.95 billion by 2028, exhibiting a CAGR of 6.2% from 2021 to 2028. The growth can be credited to the rising product deployment in a range of end users powered by the lower costs of operation and the ease of application in thicker layers. As cited by Fortune Business Insights™ in its research report, titled “Powder Coatings Market, 2021-2028”, the expansion of the construction industry is one of the major factors driving product demand over the forecast...

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Aluminum Curtain Wall Market to Reach USD 62.22 Billion by 2027 | Aluminum Curtain Wall Industry Exhibit A CAGR of 8%

Key companies covered in aluminum curtain wall market are EFCO Corporation, ALUMIL S.A., HansenGroup Limited, Kawneer Company Inc., Alumicor Limited, TECHNAL, Sanwa Tajima Corporation, Toro Group of Companies, HUECK System GmbH & Co.KG, ALUTECH, Qingdao Longxiang Building Materials Co., Ltd. and more players profiled. Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global aluminum curtain wall market size was valued at USD 33.76 billion in 2019 and is expected to reach USD 62.22 billion by 2027, exhibiting a CAGR of 8.0% during the forecast period. Curtain walling systems made up of aluminum are particularly designed for withstanding predefined wind loads. They possess the ability for the safe transfer of wind load via the fixing of a building, which is a major aspect favoring industry expansion. The above findings have...

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Aircraft Lighting Market Size Hit USD 1,341.7 Million by 2029 | Aircraft Lighting Industry CAGR 9.46%

According to Fortune Business Insights, the global aircraft lighting market size is projected to reach USD 1,341.7 Million by 2029, at CAGR of 9.46% during forecast period 2022-2029 | Surge in Demand for Upgrade of Conventional Aircraft Lights with Modern Lights to Boost Market Growth Pune,India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global aircraft lighting market size was valued at USD 670.6 million in 2021. The market is projected to grow from USD 712.8 million in 2022 to USD 1,341.7 million by 2029, exhibiting a CAGR of 9.46% during the forecast period. This information is provided by Fortune Business Insights, in its report, titled, “Aircraft Lighting Market, 2022-2029.” COVID-19 Impacts: COVID-19 Led to Delays and Cancellation of Aircraft Deliveries Eventually Reducing Demand for Aircraft Lighting System The aviation industry...

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Solid Oxide Fuel Cell Market Size [2021-2028] Worth USD 5.31 Billion by 2028 | Increasing Need to Reduce Carbon Emissions and High Energy Demand to Boost Growth

Ceres Power Holdings plc and Doosan Fuel Cell to Build Initial 50MW Mass Manufacturing Facility by 2024Solid Oxide Fuel Cell Market Size Solid Oxide Fuel Cell Market Size Forecast ReportPune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global solid oxide fuel cell market is driven by the rise in demand for clean and efficient energy sources. SOFCs offer a number of advantages over traditional fuel cells, including higher efficiency, longer life, and lower emissions. As per the report, the solid oxide fuel cell market size USD 0.90 billion in 2020. It is projected to grow from USD 1.09 billion in 2021 to USD 5.31 billion in 2028 at a CAGR of 25.3% during the forecast period, states Fortune Business Insights in its recently published “Solid Oxide Fuel Cell Market Forecast Report. Below are the two Industry Developments:...

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Edge Total Intelligence Inc. Reports Second Quarter 2022 Results and Provides Operational Outlook

ARLINGTON, Va., Aug. 29, 2022 (GLOBE NEWSWIRE) — Edge Total Intelligence Inc. (TSXV: CTRL; FSE:Q5i) (“edgeTI”, “we”, “our” or the “Company”), a leader in real-time digital operations, announces operating and consolidated results for the second quarter 2022 (“Q2-2022”). Financial information is expressed in United States (US) dollars unless otherwise indicated. The Company’s related financials and management discussion and analysis for the second quarter, 2022 are posted on its profile on SEDAR (www.sedar.com). Financial Highlights for Q2-2022Total revenue of $951K versus $961K for the quarter ending June 30, 2021 (“Q2-2021”), roughly flat over the prior quarter ending March 31, 2022 (“Q1-2022”) at $956K. Subscription revenue grew 6% to $814,749 from $765,367 Q2-2021. Gross profit increased 11% to $701,193 from $633,117 in Q2-2021. Reduced...

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