Global Stearic Acid Market 2024-2028

Global Stearic Acid Market 2024-2028


The stearic acid market is forecasted to grow by USD 434.9 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the stearic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from personal care industry, growing demand from soaps and detergent industries, and abundant availability of raw materials.

Technavio's stearic acid market is segmented as below:

By Application
  • Personal care
  • Food and beverages
  • Healthcare
  • Textile
  • Others
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the use of stearic acid in metal processing and candle manufacturing as one of the prime reasons driving the stearic acid market growth during the next few years. Also, growing application in lead-acid batteries and innovations and r and d activities for developing bio-based products will lead to sizable demand in the market.

The report on the stearic acid market covers the following areas:
  • Stearic acid market sizing
  • Stearic acid market forecast
  • Stearic acid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading stearic acid market vendors that include 3F Industries Ltd., BASF SE, Cayman Chemical, ChemCeed, Croda International PLC, Emery Oleochemicals Group, Godrej and Boyce Manufacturing Co. Ltd., IOI Corp. Berhad, Jarchem Industries Inc., Kao Corp., KLK Oleo, NIMIR INDUSTRIAL CHEMICALS LTD., Nissan Chemical America Corp., Oleon NV, Pacific Oleochemicals SDN Bhd, Stepan Co., TAIKO KIKAI INDUSTRIES Co. Ltd, The Procter and Gamble Co., VVF Ltd., and Wilmar International Ltd.. Also, the stearic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Stearic Acid Market 2018 - 2022
Historic Market Size - Data Table on Global Stearic Acid Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Personal care - Market size and forecast 2023-2028
Chart on Personal care - Market size and forecast 2023-2028 ($ million)
Data Table on Personal care - Market size and forecast 2023-2028 ($ million)
Chart on Personal care - Year-over-year growth 2023-2028 (%)
Data Table on Personal care - Year-over-year growth 2023-2028 (%)
6.4 Food and beverages - Market size and forecast 2023-2028
Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
6.5 Healthcare - Market size and forecast 2023-2028
Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
Chart on Healthcare - Year-over-year growth 2023-2028 (%)
Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
6.6 Textile - Market size and forecast 2023-2028
Chart on Textile - Market size and forecast 2023-2028 ($ million)
Data Table on Textile - Market size and forecast 2023-2028 ($ million)
Chart on Textile - Year-over-year growth 2023-2028 (%)
Data Table on Textile - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.10 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.11 The Netherlands - Market size and forecast 2023-2028
Chart on The Netherlands - Market size and forecast 2023-2028 ($ million)
Data Table on The Netherlands - Market size and forecast 2023-2028 ($ million)
Chart on The Netherlands - Year-over-year growth 2023-2028 (%)
Data Table on The Netherlands - Year-over-year growth 2023-2028 (%)
8.12 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
3F Industries Ltd.
3F Industries Ltd. - Overview
3F Industries Ltd. - Product / Service
3F Industries Ltd. - Key offerings
11.4 BASF SE
BASF SE - Overview
BASF SE - Business segments
BASF SE - Key news
BASF SE - Key offerings
BASF SE - Segment focus
11.5 Cayman Chemical
Cayman Chemical - Overview
Cayman Chemical - Product / Service
Cayman Chemical - Key offerings
11.6 ChemCeed
ChemCeed - Overview
ChemCeed - Product / Service
ChemCeed - Key offerings
11.7 Croda International Plc
Croda International Plc - Overview
Croda International Plc - Business segments
Croda International Plc - Key news
Croda International Plc - Key offerings
Croda International Plc - Segment focus
11.8 Emery Oleochemicals Group
Emery Oleochemicals Group - Overview
Emery Oleochemicals Group - Product / Service
Emery Oleochemicals Group - Key offerings
11.9 Godrej and Boyce Manufacturing Co. Ltd.
Godrej and Boyce Manufacturing Co. Ltd. - Overview
Godrej and Boyce Manufacturing Co. Ltd. - Product / Service
Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
11.10 IOI Corp. Berhad
IOI Corp. Berhad - Overview
IOI Corp. Berhad - Business segments
IOI Corp. Berhad - Key offerings
IOI Corp. Berhad - Segment focus
11.11 The Procter and Gamble Co.
The Procter and Gamble Co. - Overview
The Procter and Gamble Co. - Business segments
The Procter and Gamble Co. - Key news
The Procter and Gamble Co. - Key offerings
The Procter and Gamble Co. - Segment focus
11.12 Wilmar International Ltd.
Wilmar International Ltd. - Overview
Wilmar International Ltd. - Business segments
Wilmar International Ltd. - Key offerings
Wilmar International Ltd. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Application
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Stearic Acid Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Application - Market share 2023-2028 (%)
Exhibits31: Data Table on Application - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Application
Exhibits33: Data Table on Comparison by Application
Exhibits34: Chart on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Personal care - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Personal care - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Personal care - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibits42: Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
Exhibits43: Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
Exhibits44: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibits45: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibits46: Chart on Textile - Market size and forecast 2023-2028 ($ million)
Exhibits47: Data Table on Textile - Market size and forecast 2023-2028 ($ million)
Exhibits48: Chart on Textile - Year-over-year growth 2023-2028 (%)
Exhibits49: Data Table on Textile - Year-over-year growth 2023-2028 (%)
Exhibits50: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits53: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits54: Market opportunity by Application ($ million)
Exhibits55: Data Table on Market opportunity by Application ($ million)
Exhibits56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits57: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits58: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits59: Chart on Geographic comparison
Exhibits60: Data Table on Geographic comparison
Exhibits61: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits89: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits90: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits91: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits92: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits93: Chart on The Netherlands - Market size and forecast 2023-2028 ($ million)
Exhibits94: Data Table on The Netherlands - Market size and forecast 2023-2028 ($ million)
Exhibits95: Chart on The Netherlands - Year-over-year growth 2023-2028 (%)
Exhibits96: Data Table on The Netherlands - Year-over-year growth 2023-2028 (%)
Exhibits97: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits98: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits99: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits100: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits101: Market opportunity By Geographical Landscape ($ million)
Exhibits102: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits103: Impact of drivers and challenges in 2023 and 2028
Exhibits104: Overview on criticality of inputs and factors of differentiation
Exhibits105: Overview on factors of disruption
Exhibits106: Impact of key risks on business
Exhibits107: Companies covered
Exhibits108: Matrix on companies position and classification
Exhibits109: 3F Industries Ltd. - Overview
Exhibits110: 3F Industries Ltd. - Product / Service
Exhibits111: 3F Industries Ltd. - Key offerings
Exhibits112: BASF SE - Overview
Exhibits113: BASF SE - Business segments
Exhibits114: BASF SE - Key news
Exhibits115: BASF SE - Key offerings
Exhibits116: BASF SE - Segment focus
Exhibits117: Cayman Chemical - Overview
Exhibits118: Cayman Chemical - Product / Service
Exhibits119: Cayman Chemical - Key offerings
Exhibits120: ChemCeed - Overview
Exhibits121: ChemCeed - Product / Service
Exhibits122: ChemCeed - Key offerings
Exhibits123: Croda International Plc - Overview
Exhibits124: Croda International Plc - Business segments
Exhibits125: Croda International Plc - Key news
Exhibits126: Croda International Plc - Key offerings
Exhibits127: Croda International Plc - Segment focus
Exhibits128: Emery Oleochemicals Group - Overview
Exhibits129: Emery Oleochemicals Group - Product / Service
Exhibits130: Emery Oleochemicals Group - Key offerings
Exhibits131: Godrej and Boyce Manufacturing Co. Ltd. - Overview
Exhibits132: Godrej and Boyce Manufacturing Co. Ltd. - Product / Service
Exhibits133: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
Exhibits134: IOI Corp. Berhad - Overview
Exhibits135: IOI Corp. Berhad - Business segments
Exhibits136: IOI Corp. Berhad - Key offerings
Exhibits137: IOI Corp. Berhad - Segment focus
Exhibits138: The Procter and Gamble Co. - Overview
Exhibits139: The Procter and Gamble Co. - Business segments
Exhibits140: The Procter and Gamble Co. - Key news
Exhibits141: The Procter and Gamble Co. - Key offerings
Exhibits142: The Procter and Gamble Co. - Segment focus
Exhibits143: Wilmar International Ltd. - Overview
Exhibits144: Wilmar International Ltd. - Business segments
Exhibits145: Wilmar International Ltd. - Key offerings
Exhibits146: Wilmar International Ltd. - Segment focus
Exhibits147: Inclusions checklist
Exhibits148: Exclusions checklist
Exhibits149: Currency conversion rates for US$
Exhibits150: Research methodology
Exhibits151: Information sources
Exhibits152: Data validation
Exhibits153: Validation techniques employed for market sizing
Exhibits154: Data synthesis
Exhibits155: 360 degree market analysis
Exhibits156: List of abbreviations

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