Copper Hydroxide Market
Copper Hydroxide Market Forecasts to 2030 - Global Analysis By Type (Agricultural Copper Hydroxide, Industrial Copper Hydroxide and Electronics Grade Copper Hydroxide), Form, Application and By Geography
According to Stratistics MRC, the Global Copper Hydroxide Market is accounted for $595.2 million in 2024 and is expected to reach $965.7 million by 2030 growing at a CAGR of 8.4% during the forecast period. Copper hydroxide, with the chemical formula Cu (OH) ₂, is an inorganic compound composed of copper, oxygen, and hydrogen. It appears as a pale blue or blue-green solid, often used as a fungicide, bactericide, and algaecide in agriculture to control plant diseases. It is also utilized as a precursor in the production of other copper compounds and in ceramics. Copper hydroxide is sparingly soluble in water but dissolves in acids and ammonia, forming soluble complexes. It occurs naturally as the mineral spertiniite.
Market Dynamics:
Driver:
Growing agricultural demand
Growing agricultural demand with rising global food consumption, the need for higher crop yields and quality has surged, promoting the adoption of crop protection solutions like copper hydroxide. It is widely used to control fungal diseases in fruits, vegetables, and cash crops, ensuring healthier produce. Additionally, sustainable farming practices are encouraging the use of copper-based, eco-friendly solutions. Regions with expanding agricultural activities, such as Asia-Pacific and Latin America, are experiencing heightened demand. This growing reliance on advanced crop protection tools continues to propel the copper hydroxide market forward.
Restraint:
Environmental and health concerns
Excessive use of copper hydroxide in agriculture can lead to soil and water contamination, harming ecosystems and reducing biodiversity. Prolonged exposure to copper-based compounds can pose health risks, such as respiratory issues and skin irritation, for workers and nearby populations. Regulatory bodies have imposed strict guidelines and limits on copper-based pesticides to minimize environmental and health hazards. Compliance with these regulations increases production costs, discouraging its widespread adoption. These concerns are prompting the search for safer, eco-friendly alternatives, further restraining the growth of the copper hydroxide market.
Opportunity:
Rising organic farming practices
Copper Hydroxide is widely used in organic farming as a fungicide, providing an effective solution for controlling various plant diseases without harming the environment. As consumers shift towards organic food, farmers are adopting sustainable methods, further boosting the need for copper-based fungicides. The growing preference for chemical-free products encourages the adoption of copper hydroxide in organic farming systems globally. Additionally, organic certification requirements often limit the use of synthetic chemicals, making copper hydroxide a preferred alternative. This trend is expected to fuel the copper hydroxide market, aligning with the broader shift towards sustainable agricultural practices.
Threat:
Substitution by alternatives
Advanced materials like copper oxychloride and synthetic fungicides offer similar efficacy but often are at lower costs, driving industries to adopt them. In agriculture, alternatives like organic and bio-based fungicides are increasingly preferred for their eco-friendly properties. Additionally, aluminum-based compounds and other metal hydroxides are gaining traction in various applications due to their lower toxicity. These substitutes limit demand for copper hydroxide, particularly in markets focusing on cost-efficiency and sustainability. As industries continue to innovate, the adoption of alternatives further restrains the growth of the copper hydroxide market.
Covid-19 Impact
The COVID-19 pandemic significantly disrupted the copper hydroxide market due to supply chain interruptions, labor shortages, and reduced industrial activity. Lockdowns led to delays in mining operations and hindered production, affecting the availability of raw materials. Demand from end-use industries, such as agriculture (fungicides) and chemicals, fluctuated due to global economic uncertainty. However, the market rebounded as agriculture regained priority, driving demand for crop protection solutions. Post-pandemic recovery efforts, government support, and renewed industrial activities further stabilized the market, gradually restoring growth momentum.
The powder segment is expected to be the largest during the forecast period
The powder segment is estimated to have a lucrative growth, due to its versatile applications. Copper Hydroxide in powder form is widely used as a fungicide and pesticide in agricultural practices, improving crop yield and quality. The ease of application and effectiveness of the powdered form in combating plant diseases boosts its demand among farmers. Additionally, the powder is more stable, facilitating longer shelf life and better storage. In industrial sectors, it is utilized in the production of copper salts and in wastewater treatment processes. As awareness of sustainable farming practices grows, the demand for powdered copper hydroxide is expected to continue increasing.
The catalysts segment is expected to have the highest CAGR during the forecast period
The catalysts segment is anticipated to witness the highest CAGR growth during the forecast period, by enhancing chemical reactions, particularly in industrial processes. Copper hydroxide is used as a catalyst in various applications, such as the production of chemicals, pharmaceuticals, and plastics. Its high efficiency and stability in reactions make it valuable in improving productivity and reducing production costs. Additionally, copper hydroxide catalysts are essential in the automotive sector for controlling emissions and improving fuel efficiency. The segment’s growth is further supported by innovations in catalyst technology and the increasing need for cleaner industrial practices.
Region with largest share:
Asia Pacific is expected to hold the largest market share during the forecast period due to the increasing demand for copper-based fungicides in agriculture and growing industrial applications. Countries like China, India, Japan, and South Korea are major contributors to this market. The agricultural sector, particularly in crop protection, is expanding, boosting the use of copper hydroxide. Additionally, the rising demand for sustainable farming practices and environmentally friendly pesticides further fuels market growth. Industrial applications, including electroplating and wastewater treatment, also support the market’s expansion in the region.
Region with highest CAGR:
North America is expected to have the highest CAGR over the forecast period, owing to its demand in agricultural, industrial, and pharmaceutical applications. This compound is crucial for controlling fungal diseases in crops, such as those affecting fruits and vegetables, making it a vital part of the pesticide industry. Additionally, its use in the production of fungicides, bactericides, and animal feed additives further boosts its market presence. Major players in the region include companies like SPIESS URANIA and Zhejiang Heben Pesticide, contributing to the market's expansion.
Key players in the market
Some of the key players profiled in the Copper Hydroxide Market include SPIESS-URANIA, Parikh Enterprises, UPL Ltd., TIB Chemicals AG, Alfa Aesar, Jiangsu Mupro IFT Corp., Kocide LLC, Bayer CropScience, Albaugh LLC, Sumitomo Chemical Co. Ltd., Isagro S.p.A., Synthomer PLC, Quimetal Industrial S.A., SBM Company and Indofil Industries Limited.
Key Developments:
In November 2024, UPL Corporation Ltd. announced a strategic agreement with CAC Nantong Chemical Co. Ltd. to develop, register, and commercialize cyproflanilide, a novel insecticide designed for effective pest management across various crops. This partnership is expected to enhance UPL's portfolio and contribute to global food security by introducing innovative agricultural solutions.
In November 2024, UPL signed a strategic partnership agreement with CH4 Global aimed at advancing sustainable agricultural practices. This collaboration focuses on developing solutions that integrate copper hydroxide technologies to enhance crop protection while promoting environmental sustainability.
In May 2023, UPL secured significant investments from major investors like ADIA and KKR for its platforms focusing on crop protection and seeds. This realignment is expected to enhance the company's capabilities in delivering innovative agricultural solutions, including those involving copper-based products.
Types Covered:
• Agricultural Copper Hydroxide
• Industrial Copper Hydroxide
• Electronics Grade Copper Hydroxide
Forms Covered:
• Powder
• Granules
• Liquid
Applications Covered:
• Fungicide
• Feed Additives
• Electroplating
• Catalysts
• Pigments
• Ceramics and Glass
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Copper Hydroxide Market, By Type
5.1 Introduction
5.2 Agricultural Copper Hydroxide
5.3 Industrial Copper Hydroxide
5.4 Electronics Grade Copper Hydroxide
6 Global Copper Hydroxide Market, By Form
6.1 Introduction
6.2 Powder
6.3 Granules
6.4 Liquid
7 Global Copper Hydroxide Market, By Application
7.1 Introduction
7.2 Fungicide
7.3 Feed Additives
7.4 Electroplating
7.5 Catalysts
7.6 Pigments
7.7 Ceramics and Glass
7.8 Other Applications
8 Global Copper Hydroxide Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 SPIESS-URANIA
10.2 Parikh Enterprises
10.3 UPL Ltd.
10.4 TIB Chemicals AG
10.5 Alfa Aesar
10.6 Jiangsu Mupro IFT Corp.
10.7 Kocide LLC
10.8 Bayer CropScience
10.9 Albaugh LLC
10.10 Sumitomo Chemical Co. Ltd.
10.11 Isagro S.p.A.
10.12 Synthomer PLC
10.13 Quimetal Industrial S.A.
10.14 SBM Company
10.15 Indofil Industries Limited
List of Tables
1 Global Copper Hydroxide Market Outlook, By Region (2022-2030) ($MN)
2 Global Copper Hydroxide Market Outlook, By Type (2022-2030) ($MN)
3 Global Copper Hydroxide Market Outlook, By Agricultural Copper Hydroxide (2022-2030) ($MN)
4 Global Copper Hydroxide Market Outlook, By Industrial Copper Hydroxide (2022-2030) ($MN)
5 Global Copper Hydroxide Market Outlook, By Electronics Grade Copper Hydroxide (2022-2030) ($MN)
6 Global Copper Hydroxide Market Outlook, By Form (2022-2030) ($MN)
7 Global Copper Hydroxide Market Outlook, By Powder (2022-2030) ($MN)
8 Global Copper Hydroxide Market Outlook, By Granules (2022-2030) ($MN)
9 Global Copper Hydroxide Market Outlook, By Liquid (2022-2030) ($MN)
10 Global Copper Hydroxide Market Outlook, By Application (2022-2030) ($MN)
11 Global Copper Hydroxide Market Outlook, By Fungicide (2022-2030) ($MN)
12 Global Copper Hydroxide Market Outlook, By Feed Additives (2022-2030) ($MN)
13 Global Copper Hydroxide Market Outlook, By Electroplating (2022-2030) ($MN)
14 Global Copper Hydroxide Market Outlook, By Catalysts (2022-2030) ($MN)
15 Global Copper Hydroxide Market Outlook, By Pigments (2022-2030) ($MN)
16 Global Copper Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
17 Global Copper Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
18 North America Copper Hydroxide Market Outlook, By Country (2022-2030) ($MN)
19 North America Copper Hydroxide Market Outlook, By Type (2022-2030) ($MN)
20 North America Copper Hydroxide Market Outlook, By Agricultural Copper Hydroxide (2022-2030) ($MN)
21 North America Copper Hydroxide Market Outlook, By Industrial Copper Hydroxide (2022-2030) ($MN)
22 North America Copper Hydroxide Market Outlook, By Electronics Grade Copper Hydroxide (2022-2030) ($MN)
23 North America Copper Hydroxide Market Outlook, By Form (2022-2030) ($MN)
24 North America Copper Hydroxide Market Outlook, By Powder (2022-2030) ($MN)
25 North America Copper Hydroxide Market Outlook, By Granules (2022-2030) ($MN)
26 North America Copper Hydroxide Market Outlook, By Liquid (2022-2030) ($MN)
27 North America Copper Hydroxide Market Outlook, By Application (2022-2030) ($MN)
28 North America Copper Hydroxide Market Outlook, By Fungicide (2022-2030) ($MN)
29 North America Copper Hydroxide Market Outlook, By Feed Additives (2022-2030) ($MN)
30 North America Copper Hydroxide Market Outlook, By Electroplating (2022-2030) ($MN)
31 North America Copper Hydroxide Market Outlook, By Catalysts (2022-2030) ($MN)
32 North America Copper Hydroxide Market Outlook, By Pigments (2022-2030) ($MN)
33 North America Copper Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
34 North America Copper Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
35 Europe Copper Hydroxide Market Outlook, By Country (2022-2030) ($MN)
36 Europe Copper Hydroxide Market Outlook, By Type (2022-2030) ($MN)
37 Europe Copper Hydroxide Market Outlook, By Agricultural Copper Hydroxide (2022-2030) ($MN)
38 Europe Copper Hydroxide Market Outlook, By Industrial Copper Hydroxide (2022-2030) ($MN)
39 Europe Copper Hydroxide Market Outlook, By Electronics Grade Copper Hydroxide (2022-2030) ($MN)
40 Europe Copper Hydroxide Market Outlook, By Form (2022-2030) ($MN)
41 Europe Copper Hydroxide Market Outlook, By Powder (2022-2030) ($MN)
42 Europe Copper Hydroxide Market Outlook, By Granules (2022-2030) ($MN)
43 Europe Copper Hydroxide Market Outlook, By Liquid (2022-2030) ($MN)
44 Europe Copper Hydroxide Market Outlook, By Application (2022-2030) ($MN)
45 Europe Copper Hydroxide Market Outlook, By Fungicide (2022-2030) ($MN)
46 Europe Copper Hydroxide Market Outlook, By Feed Additives (2022-2030) ($MN)
47 Europe Copper Hydroxide Market Outlook, By Electroplating (2022-2030) ($MN)
48 Europe Copper Hydroxide Market Outlook, By Catalysts (2022-2030) ($MN)
49 Europe Copper Hydroxide Market Outlook, By Pigments (2022-2030) ($MN)
50 Europe Copper Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
51 Europe Copper Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
52 Asia Pacific Copper Hydroxide Market Outlook, By Country (2022-2030) ($MN)
53 Asia Pacific Copper Hydroxide Market Outlook, By Type (2022-2030) ($MN)
54 Asia Pacific Copper Hydroxide Market Outlook, By Agricultural Copper Hydroxide (2022-2030) ($MN)
55 Asia Pacific Copper Hydroxide Market Outlook, By Industrial Copper Hydroxide (2022-2030) ($MN)
56 Asia Pacific Copper Hydroxide Market Outlook, By Electronics Grade Copper Hydroxide (2022-2030) ($MN)
57 Asia Pacific Copper Hydroxide Market Outlook, By Form (2022-2030) ($MN)
58 Asia Pacific Copper Hydroxide Market Outlook, By Powder (2022-2030) ($MN)
59 Asia Pacific Copper Hydroxide Market Outlook, By Granules (2022-2030) ($MN)
60 Asia Pacific Copper Hydroxide Market Outlook, By Liquid (2022-2030) ($MN)
61 Asia Pacific Copper Hydroxide Market Outlook, By Application (2022-2030) ($MN)
62 Asia Pacific Copper Hydroxide Market Outlook, By Fungicide (2022-2030) ($MN)
63 Asia Pacific Copper Hydroxide Market Outlook, By Feed Additives (2022-2030) ($MN)
64 Asia Pacific Copper Hydroxide Market Outlook, By Electroplating (2022-2030) ($MN)
65 Asia Pacific Copper Hydroxide Market Outlook, By Catalysts (2022-2030) ($MN)
66 Asia Pacific Copper Hydroxide Market Outlook, By Pigments (2022-2030) ($MN)
67 Asia Pacific Copper Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
68 Asia Pacific Copper Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
69 South America Copper Hydroxide Market Outlook, By Country (2022-2030) ($MN)
70 South America Copper Hydroxide Market Outlook, By Type (2022-2030) ($MN)
71 South America Copper Hydroxide Market Outlook, By Agricultural Copper Hydroxide (2022-2030) ($MN)
72 South America Copper Hydroxide Market Outlook, By Industrial Copper Hydroxide (2022-2030) ($MN)
73 South America Copper Hydroxide Market Outlook, By Electronics Grade Copper Hydroxide (2022-2030) ($MN)
74 South America Copper Hydroxide Market Outlook, By Form (2022-2030) ($MN)
75 South America Copper Hydroxide Market Outlook, By Powder (2022-2030) ($MN)
76 South America Copper Hydroxide Market Outlook, By Granules (2022-2030) ($MN)
77 South America Copper Hydroxide Market Outlook, By Liquid (2022-2030) ($MN)
78 South America Copper Hydroxide Market Outlook, By Application (2022-2030) ($MN)
79 South America Copper Hydroxide Market Outlook, By Fungicide (2022-2030) ($MN)
80 South America Copper Hydroxide Market Outlook, By Feed Additives (2022-2030) ($MN)
81 South America Copper Hydroxide Market Outlook, By Electroplating (2022-2030) ($MN)
82 South America Copper Hydroxide Market Outlook, By Catalysts (2022-2030) ($MN)
83 South America Copper Hydroxide Market Outlook, By Pigments (2022-2030) ($MN)
84 South America Copper Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
85 South America Copper Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
86 Middle East & Africa Copper Hydroxide Market Outlook, By Country (2022-2030) ($MN)
87 Middle East & Africa Copper Hydroxide Market Outlook, By Type (2022-2030) ($MN)
88 Middle East & Africa Copper Hydroxide Market Outlook, By Agricultural Copper Hydroxide (2022-2030) ($MN)
89 Middle East & Africa Copper Hydroxide Market Outlook, By Industrial Copper Hydroxide (2022-2030) ($MN)
90 Middle East & Africa Copper Hydroxide Market Outlook, By Electronics Grade Copper Hydroxide (2022-2030) ($MN)
91 Middle East & Africa Copper Hydroxide Market Outlook, By Form (2022-2030) ($MN)
92 Middle East & Africa Copper Hydroxide Market Outlook, By Powder (2022-2030) ($MN)
93 Middle East & Africa Copper Hydroxide Market Outlook, By Granules (2022-2030) ($MN)
94 Middle East & Africa Copper Hydroxide Market Outlook, By Liquid (2022-2030) ($MN)
95 Middle East & Africa Copper Hydroxide Market Outlook, By Application (2022-2030) ($MN)
96 Middle East & Africa Copper Hydroxide Market Outlook, By Fungicide (2022-2030) ($MN)
97 Middle East & Africa Copper Hydroxide Market Outlook, By Feed Additives (2022-2030) ($MN)
98 Middle East & Africa Copper Hydroxide Market Outlook, By Electroplating (2022-2030) ($MN)
99 Middle East & Africa Copper Hydroxide Market Outlook, By Catalysts (2022-2030) ($MN)
100 Middle East & Africa Copper Hydroxide Market Outlook, By Pigments (2022-2030) ($MN)
101 Middle East & Africa Copper Hydroxide Market Outlook, By Ceramics and Glass (2022-2030) ($MN)
102 Middle East & Africa Copper Hydroxide Market Outlook, By Other Applications (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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