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Democratic strategist Lindy Li, who fundraised for Vice President Kamala Harris ' presidential bid, said during a Saturday appearance on Fox & Friends Weekend that the country is set to experience a "new era of prosperity" during President-elect Donald Trump 's second term. Li, who is on the Democratic National Committee 's ( DNC ) finance committee and who has been critical of her party since Harris' election loss calling it a "$1 billion disaster," told Fox News host Kevin Corke that the Democratic Party "has the stench of loser written all over [it]." She added: "I feel like the Democrats are going to be consigned to the wilderness for at least the next four to eight years." Trump, who previously served one term as president, will be term-limited at the end of his upcoming tenure, leaving the White House open for a new race. Newsweek has reached out to the DNC press team for comment via email on Sunday morning. Li also touched on technology leaders, specifically Mark Zuckerberg of Meta and Jeff Bezos of Amazon and The Washington Post , and their rapport with the president-elect. "Jeff Bezos is probably thanking his lucky stars that he withheld that endorsement, and they're [tech leaders] doing everything they can now to continue the détente," she told Corke. The Washington Post broke with the paper's recent precedent and did not endorse any candidate in the 2024 presidential election. Several tech giants, including Zuckerberg, Bezos, and Sam Altman of OpenAI , have donated to Trump's inaugural fund . Meta, confirmed by Zuckerberg, contributed $1 million. Altman and Bezos are both reportedly planning to donate $1 million each to the fund, the Wall Street Journal reported. Bezos is also expected to visit Trump at Mar-a-Lago next week. When Corke asked about this notion of tech leaders "kissing the ring," in reference to Trump, and what might come of it, Li said, "They're going to solidify the relationship between the business world and President Trump." She then turned to the "ailing" economy and said, "People are dying for a change, so I think we're about to embark on an entirely new era of prosperity, I certainly hope so." "You can just feel it, even in the last couple weeks Americans are celebrating," adding that "the momentum is just tremendous," for Trump's second term. Newsweek has reached out to Trump's press team for comment via email on Sunday morning. Earlier this month, Li broke with her party when defending Trump's secretary of defense pick , former Fox News host Pete Hegseth. "I've had personal interactions with—because I've been on Fox & Friends —I've met Pete, he's my fellow Princetonian. I actually think he's a pretty good guy," Li said during her December 6 appearance on NewsNation's Morning in America. Hegseth's nomination to lead the Department of Defense (DOD) has been controversial, with some lawmakers questioning his perceived lack of experience and raising concerns about sexual assault allegations and reports of excess drinking. Hegseth has denied the allegations. Like other Cabinet nominees, he will need to be confirmed by a majority vote in the Senate .
Wall Street Woes: Tech Stocks Tumble Amid Inflation ConcernsNEW YORK , Dec. 15, 2024 /PRNewswire/ -- The global metalworking fluids market size is estimated to grow by USD 2.08 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 3.2% during the forecast period. For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report Report Attribute Details Base Year 2023 Forecast period 2024-2028 Historic Data for 2018 - 2022 Segments Covered End-user (Construction, Automobile, Aerospace, Electrical and power, and Others), Product (Mineral, Synthetic, and Bio-based), and Geography (APAC, North America, Europe, Middle East and Africa, and South America) Key Companies Covered Abitec, AMILE Industries Pvt. Ltd, Apar Industries Ltd., Arabian Petroleum Ltd., BASF SE, Benz oil Inc., Callington Haven Pty Ltd, Carborundum Universal Ltd., Chevron Corp., Exxon Mobil Corp., FUCHS SE, Gandhar Oil Refinery India Ltd., GP Global, Grauer and Weil India Ltd., Illinois Tool Works Inc., Lonza Group Ltd., Master Fluid Solutions, Saudi Arabian Oil Co., Sun Chem Pvt Ltd., and Victory Polychem Pvt. Ltd, Quaker Houghton, BP p.l.c., TotalEnergies SE, FUCHS, Idemitsu Kosan Co., Ltd., Chem Arrow Corporation, LUKOIL, China Petroleum & Chemical Corporation (SINOPEC), Valvoline Inc., Houghton International, Blaser Swisslube AG, Kuwait Petroleum Corporation. Regions Covered APAC, North America, Europe, Middle East and Africa, and South America Region Outlook 1. APAC - APAC is estimated to contribute 39%. To the growth of the global market. The Metalworking Fluids Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. The APAC metalworking fluids market is experiencing consistent growth due to the expansion of the manufacturing and industrial sectors in countries like China , India , Japan , and South Korea . These regions, known for their automotive, aerospace, and machinery industries, are key contributors to the market. Manufacturers are focusing on enhancing machining efficiency and extending tool life, leading to increased demand for high-performance metalworking fluids. In response to environmental regulations, water-based fluids are becoming increasingly popular. However, synthetic fluids continue to gain traction for specialized applications. Major players in the APAC market include Exxon Mobil, Chevron, and FUCHS, offering a range of cutting fluids, lubricants, and corrosion inhibitors. For more insights on APAC's significant contribution along with the market share of rest of the regions and countries - Download a FREE Sample Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The global metalworking fluids market is primarily driven by the construction industry, which utilizes these fluids for various applications such as machining, cutting, and shaping metal components. In construction, cutting and grinding fluids are essential for metal fabrication in steel beam cutting, concrete surface grinding, and metal component shaping. Hydraulic fluids are crucial for heavy machinery like excavators and bulldozers, ensuring efficient operation and preventing metal component wear and tear. Notably, India's urbanization trend predicts that urban areas will house 40% of India's population and generate 75% of the country's GDP by 2030. This expansion of infrastructure projects, including bridges, buildings, and roadways, significantly increases the demand for metalworking fluids, making construction a significant end-user in the market's growth during the forecast period. Research Analysis The Metalworking Fluids market encompasses a wide range of fluids used in the manufacturing sector for machining and metalworking processes. These fluids, derived primarily from crude oil, include base oils, motor oils, and lubricants. They are essential for heavy industry machinery in various industries such as manufacturing, construction, transportation, and more. In the industrial lubricant market, metalworking fluids play a crucial role in primary ferrous and non-ferrous manufacturing processes. The aviation and marine industries also heavily rely on these fluids for their machinery. Factors driving the demand for metalworking fluids include population growth, increasing consumerism, product visibility, and the need for efficient manufacturing processes. Connectivity and infrastructure development further boost demand, while trade relations and the availability of roads are critical considerations for the market's growth. Market Overview Metalworking fluids, also known as MWFs, are essential liquids used in various industries for metalworking processes such as machining, forming, and forging. These fluids play a crucial role in reducing heat, preventing corrosion, and improving tool efficiency. The market for metalworking fluids is vast and diverse, spanning across sectors like agriculture, construction, automotive, aviation, and heavy industry machinery. In the agricultural sector, metalworking fluids are used in the manufacturing of agricultural equipment, ensuring high-yield production and efficient machinery operation. In the automotive industries, these fluids are employed in the production of automobile parts, ensuring smooth manufacturing processes and high-quality end products. The aviation industry relies on metalworking fluids for the production of aircraft and aircraft parts, ensuring the production of lightweight, durable, and safe components. In the construction sector, metalworking fluids are used in the manufacturing of heavy machinery and equipment, enabling the construction of infrastructure projects and large construction vehicles. The demand for metalworking fluids is driven by consumerism, population growth, and the need for increased process productivity. However, environmental issues and health concerns have led to the development of eco-friendly and non-toxic metalworking fluids. The market for metalworking fluids is expected to grow significantly in the coming years due to the increasing demand for transportation equipment, infrastructure development, and the need for improved workpiece quality and surface finish. Metalworking fluids are used in various industries, including drilling, forging, grinding, forming, and metal fabrication. They are also used in the production of base oils, gear oils, and motor oils. The chemical composition of metalworking fluids varies, depending on the specific application and the type of metal being worked. Metalworking fluids are used in various industries, including the manufacturing of iron structures, non-ferrous metals, and primary ferrous and non-ferrous metals. They are also used in the production of marine and railroad equipment, as well as in the automotive, aviation, and heavy machinery manufacturing industries. The use of metalworking fluids is essential for the production of high-performance metalworking fluids, which are used in the manufacturing of complex components and integrated circuits. These fluids help to improve tool efficiency, reduce tool wear, and ensure high-quality workpiece surfaces. However, the production and disposal of metalworking fluids can pose environmental and health concerns. Proper disposal of hazardous waste is crucial to minimize the impact on the environment and worker health. In conclusion, the metalworking fluids market is a dynamic and diverse industry that plays a crucial role in various sectors, including agriculture, construction, automotive, aviation, and heavy industry machinery manufacturing. The demand for metalworking fluids is driven by consumerism, population growth, and the need for increased process productivity. However, environmental and health concerns have led to the development of eco-friendly and non-toxic metalworking fluids, ensuring sustainable and safe production processes. Start exploring market insights by Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio 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. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/metalworking-fluids-market-39-of-growth-to-originate-from-apac-technavio-302331312.html SOURCE Technavio