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Stock impact report

Metal Cutting Tools Market Size to Hit US$ 141.09 Billion by 2032, Rise of Automation & Smart Manufacturing Drives Growth | Research by SNS Insider [Yahoo! Finance]

Kennametal Inc. (KMT) 
Last kennametal inc. earnings: 2/3 04:01 pm Check Earnings Report
US:NYSE Investor Relations: kennametal.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Pune, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Metal Cutting Tools Market Size & Growth Analysis: “According to SNS Insider Research, The Metal Cutting Tools Market size was valued at USD 82.81 Billion in 2023 and is expected to reach USD 141.09 Billion by 2032, growing at a CAGR of 6.1% over the forecast period 2024-2032.” Driving Forces Behind the Growth of the Metal Cutting Tools Market The Metal Cutting Tools Market is witnessing robust growth, driven by increasing demand for precision engineering and the expansion of manufacturing sectors across various industries, including automotive, aerospace, and construction. These tools are essential for machining processes such as turning, milling, drilling, and grinding, which are pivotal for enhancing productivity and achieving high-quality surface finishes. The market is witnessing a notable shift toward advanced materials and coatings, such as carbide and ceramic, which offer improved durability and performance, thereby reducing tool Show less Read more
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