Global Polyfilm Market, Size, Trends, By Type (Stretch Film, Shrink Film), By Resin Type (Polyethylene (PE), Polyethylene Tetraphlate (PET), Polypropylene (PP), Cast Polypropylene (CPP), Polyvinyl Chloride (PVC), Biaxially-Oriented Resins, Others), By Tex
Description
Global Polyfilm Market, Size, Trends, By Type (Stretch Film, Shrink Film), By Resin Type (Polyethylene (PE), Polyethylene Tetraphlate (PET), Polypropylene (PP), Cast Polypropylene (CPP), Polyvinyl Chloride (PVC), Biaxially-Oriented Resins, Others), By Texture (Transparent, Opaque), By End-User (Packaging, Agriculture, Building and Construction, Consumer Goods, Medical, Others) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Polyfilm Market
With a CAGR of 3.96 % from 2023 to 2030, the Global Polyfilm Market, is expected to grow from its estimated value of US$ 132 Bn in 2022 to US$ 190 Bn by 2030.
Polyethylene film is another name for polyfilm. These films are made of both complicated and straightforward elements with a variety of features and functions. Poly films are used to shield items from dirt, moisture, and dust during shipping in the fabric, apparel, sewn goods, and other related sectors.
Market Drivers
Due to their wide range of sizes, forms, and materials as well as their ease of application, polyfilms are becoming more and more ideal and well-liked across a wide range of business sectors. Comparing polyfilms to alternatives, they are less expensive and lighter, which encourages their use in a variety of applications. The superior impact resistance and high flexibility of polyfilms make them ideal for packaging applications. Consumer electronics transportation and secure packaging both require polyfilms, and both are expected to have considerable demand during the forecast period.
Construction activity has increased on a global scale, and it is anticipated that this trend will continue during the forecast period. Along with the building industry, the use of polyfilms has increased in various other sectors, including the pharmaceutical, packaging, and agricultural industries, which is anticipated to boost polyfilm sales in the upcoming years. Due to the rising sales of different items, the packaging sector is also anticipated to boost polyfilm shipments.
Market Restraints
The trend of sustainability has spread widely. Governments around the world are implementing new eco-friendly rules that stop further environmental degradation in order to achieve sustainability. Globally, a decline in polyethylene (PE) polyfilm sales is anticipated. These regulations forbid the use of materials that are challenging to recycle, and as it is extremely difficult for manufacturers to recycle polyfilms, it is projected that this will have a negative effect on the market as a whole over the projection period.
Market Segmentation
The scope of the Global Polyfilm Market, covers segmentation based on, By Type, By Resin Type, By Texture, By End-User and By Region.
By Type, the market is segmented into Stretch Film, Shrink Film. By Resin Type, the market is segmented into Polyethylene (PE), Polyethylene Tetraphlate (PET), Polypropylene (PP), Cast Polypropylene (CPP), Polyvinyl Chloride (PVC), Biaxially-Oriented Resins, Others. By Texture, the market is segmented into Transparent, Opaque. By End-User, the market is segmented into Packaging, Agriculture, Building and Construction, Consumer Goods, Medical, Others.
Regional Analysis
The Global Polyfilm Market, is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the expansion of polyfilm applications in the pharmaceutical and medical sectors as well as the rising demand for polyfilm across a wide range of industries in this region, Asia-Pacific is anticipated to lead the global polyfilm market.
Due to rising retail sales and increased use of polyfilm in the region's sectors, North America is anticipated to see the quickest growth throughout the projected period.
Key Players
Jindal Poly Films, Polyvinyl Films, Inc, Formosa Plastics Corporation, Uflex Limited, SRF Limited, Cosmo Films Ltd, Taghleef Industries SL, POLYPLEX, POLIFILM Group, CHIRIPAL POLY FILM.
Market Taxonomy
By Type
Global Polyfilm Market
With a CAGR of 3.96 % from 2023 to 2030, the Global Polyfilm Market, is expected to grow from its estimated value of US$ 132 Bn in 2022 to US$ 190 Bn by 2030.
Polyethylene film is another name for polyfilm. These films are made of both complicated and straightforward elements with a variety of features and functions. Poly films are used to shield items from dirt, moisture, and dust during shipping in the fabric, apparel, sewn goods, and other related sectors.
Market Drivers
Due to their wide range of sizes, forms, and materials as well as their ease of application, polyfilms are becoming more and more ideal and well-liked across a wide range of business sectors. Comparing polyfilms to alternatives, they are less expensive and lighter, which encourages their use in a variety of applications. The superior impact resistance and high flexibility of polyfilms make them ideal for packaging applications. Consumer electronics transportation and secure packaging both require polyfilms, and both are expected to have considerable demand during the forecast period.
Construction activity has increased on a global scale, and it is anticipated that this trend will continue during the forecast period. Along with the building industry, the use of polyfilms has increased in various other sectors, including the pharmaceutical, packaging, and agricultural industries, which is anticipated to boost polyfilm sales in the upcoming years. Due to the rising sales of different items, the packaging sector is also anticipated to boost polyfilm shipments.
Market Restraints
The trend of sustainability has spread widely. Governments around the world are implementing new eco-friendly rules that stop further environmental degradation in order to achieve sustainability. Globally, a decline in polyethylene (PE) polyfilm sales is anticipated. These regulations forbid the use of materials that are challenging to recycle, and as it is extremely difficult for manufacturers to recycle polyfilms, it is projected that this will have a negative effect on the market as a whole over the projection period.
Market Segmentation
The scope of the Global Polyfilm Market, covers segmentation based on, By Type, By Resin Type, By Texture, By End-User and By Region.
By Type, the market is segmented into Stretch Film, Shrink Film. By Resin Type, the market is segmented into Polyethylene (PE), Polyethylene Tetraphlate (PET), Polypropylene (PP), Cast Polypropylene (CPP), Polyvinyl Chloride (PVC), Biaxially-Oriented Resins, Others. By Texture, the market is segmented into Transparent, Opaque. By End-User, the market is segmented into Packaging, Agriculture, Building and Construction, Consumer Goods, Medical, Others.
Regional Analysis
The Global Polyfilm Market, is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the expansion of polyfilm applications in the pharmaceutical and medical sectors as well as the rising demand for polyfilm across a wide range of industries in this region, Asia-Pacific is anticipated to lead the global polyfilm market.
Due to rising retail sales and increased use of polyfilm in the region's sectors, North America is anticipated to see the quickest growth throughout the projected period.
Key Players
Jindal Poly Films, Polyvinyl Films, Inc, Formosa Plastics Corporation, Uflex Limited, SRF Limited, Cosmo Films Ltd, Taghleef Industries SL, POLYPLEX, POLIFILM Group, CHIRIPAL POLY FILM.
Market Taxonomy
By Type
- Stretch Film
- Shrink Film
- Polyethylene (PE)
- Polyethylene Tetraphlate (PET)
- Polypropylene (PP)
- Cast Polypropylene (CPP)
- Polyvinyl Chloride (PVC)
- Biaxially-Oriented Resins
- Others
- Transparent
- Opaque
- Packaging
- Agriculture
- Building and Construction
- Consumer Goods
- Medical
- Others
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
Table of Contents
238 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Polyfilm Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing Economic Downturn
- 4.2.6 Post Covid-19 World Supply and Demand Conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Polyfilm Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Polyfilm Market Share Analysis, By Type
- 5.3 Global Polyfilm Market Size and Forecast, By Type
- 5.3.1 Stretch Film
- 5.3.2 Shrink Film
- 6 Global Polyfilm Market, By Resin Type
- 6.1 Y-o-Y Growth Comparison, By Resin Type
- 6.2 Global Polyfilm Market Share Analysis, By Resin Type
- 6.3 Global Polyfilm Market Size and Forecast, By Resin Type
- 6.3.1 Polyethylene (PE)
- 6.3.2 Polyethylene Tetraphlate (PET)
- 6.3.3 Polypropylene (PP)
- 6.3.4 Cast Polypropylene (CPP)
- 6.3.5 Polyvinyl Chloride (PVC)
- 6.3.6 Biaxially-Oriented Resins
- 6.3.7 Others
- 7 Global Polyfilm Market, By Texture
- 7.1 Y-o-Y Growth Comparison, By Texture
- 7.2 Global Polyfilm Market Share Analysis, By Texture
- 7.3 Global Polyfilm Market Size and Forecast, By Texture
- 7.3.1 Transparent
- 7.3.2 Opaque
- 8 Global Polyfilm Market, By End-User
- 8.1 Y-o-Y Growth Comparison, By End-User
- 8.2 Global Polyfilm Market Share Analysis, By End-User
- 8.3 Global Polyfilm Market Size and Forecast, By End-User
- 8.3.1 Packaging
- 8.3.2 Agriculture
- 8.3.3 Building and Construction
- 8.3.4 Consumer Goods
- 8.3.5 Medical
- 8.3.6 Others
- 9 Global Polyfilm Market, By Region
- 9.1 Global Polyfilm Market Share Analysis, By Region
- 9.2 Global Polyfilm Market Share Analysis, By Region
- 9.3 Global Polyfilm Market Size and Forecast, By Region
- 10 North America Polyfilm Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 North America Polyfilm Market Share Analysis, By Type
- 10.3 North America Polyfilm Market Share Analysis, By Resin Type
- 10.4 North America Polyfilm Market Share Analysis, By Texture
- 10.5 North America Polyfilm Market Share Analysis, By End-User
- 10.6 North America Polyfilm Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.1.1 Market Size and Forecast, By Type
- 10.6.1.2 Market Size and Forecast, By Resin Type
- 10.6.1.3 Market Size and Forecast, By Texture
- 10.6.1.4 Market Size and Forecast, By End-User
- 10.6.2 Canada
- 10.6.2.1 Market Size and Forecast, By Type
- 10.6.2.2 Market Size and Forecast, By Resin Type
- 10.6.2.3 Market Size and Forecast, By Texture
- 10.6.2.4 Market Size and Forecast, By End-User
- 10.6.3 Mexico
- 10.6.3.1 Market Size and Forecast, By Type
- 10.6.3.2 Market Size and Forecast, By Resin Type
- 10.6.3.3 Market Size and Forecast, By Texture
- 10.6.3.4 Market Size and Forecast, By End-User
- 11 Europe Polyfilm Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Europe Polyfilm Market Share Analysis, By Type
- 11.3 Europe Polyfilm Market Share Analysis, By Resin Type
- 11.4 Europe Polyfilm Market Share Analysis, By Texture
- 11.5 Europe Polyfilm Market Share Analysis, By End-User
- 11.6 Europe Polyfilm Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.1.1 Market Size and Forecast, By Type
- 11.6.1.2 Market Size and Forecast, By Resin Type
- 11.6.1.3 Market Size and Forecast, By Texture
- 11.6.1.4 Market Size and Forecast, By End-User
- 11.6.2 France
- 11.6.2.1 Market Size and Forecast, By Type
- 11.6.2.2 Market Size and Forecast, By Resin Type
- 11.6.2.3 Market Size and Forecast, By Texture
- 11.6.2.4 Market Size and Forecast, By End-User
- 11.6.3 UK
- 11.6.3.1 Market Size and Forecast, By Type
- 11.6.3.2 Market Size and Forecast, By Resin Type
- 11.6.3.3 Market Size and Forecast, By Texture
- 11.6.3.4 Market Size and Forecast, By End-User
- 11.6.4 Russia
- 11.6.4.1 Market Size and Forecast, By Type
- 11.6.4.2 Market Size and Forecast, By Resin Type
- 11.6.4.3 Market Size and Forecast, By Texture
- 11.6.4.4 Market Size and Forecast, By End-User
- 11.6.5 Italy
- 11.6.5.1 Market Size and Forecast, By Type
- 11.6.5.2 Market Size and Forecast, By Resin Type
- 11.6.5.3 Market Size and Forecast, By Texture
- 11.6.5.4 Market Size and Forecast, By End-User
- 11.6.6 Spain
- 11.6.6.1 Market Size and Forecast, By Type
- 11.6.6.2 Market Size and Forecast, By Resin Type
- 11.6.6.3 Market Size and Forecast, By Texture
- 11.6.6.4 Market Size and Forecast, By End-User
- 11.6.7 Rest of Europe
- 11.6.7.1 Market Size and Forecast, By Type
- 11.6.7.2 Market Size and Forecast, By Resin Type
- 11.6.7.3 Market Size and Forecast, By Texture
- 11.6.7.4 Market Size and Forecast, By End-User
- 12 Asia Pacific Polyfilm Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Asia Pacific Polyfilm Market Share Analysis, By Type
- 12.3 Asia Pacific Polyfilm Market Share Analysis, By Resin Type
- 12.4 Asia Pacific Polyfilm Market Share Analysis, By Texture
- 12.5 Asia Pacific Polyfilm Market Share Analysis, By End-User
- 12.6 Asia Pacific Polyfilm Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.1.1 Market Size and Forecast, By Type
- 12.6.1.2 Market Size and Forecast, By Resin Type
- 12.6.1.3 Market Size and Forecast, By Texture
- 12.6.1.4 Market Size and Forecast, By End-User
- 12.6.2 Japan
- 12.6.2.1 Market Size and Forecast, By Type
- 12.6.2.2 Market Size and Forecast, By Resin Type
- 12.6.2.3 Market Size and Forecast, By Texture
- 12.6.2.4 Market Size and Forecast, By End-User
- 12.6.3 India
- 12.6.3.1 Market Size and Forecast, By Type
- 12.6.3.2 Market Size and Forecast, By Resin Type
- 12.6.3.3 Market Size and Forecast, By Texture
- 12.6.3.4 Market Size and Forecast, By End-User
- 12.6.4 South Korea
- 12.6.4.1 Market Size and Forecast, By Type
- 12.6.4.2 Market Size and Forecast, By Resin Type
- 12.6.4.3 Market Size and Forecast, By Texture
- 12.6.4.4 Market Size and Forecast, By End-User
- 12.6.5 Australia
- 12.6.5.1 Market Size and Forecast, By Type
- 12.6.5.2 Market Size and Forecast, By Resin Type
- 12.6.5.3 Market Size and Forecast, By Texture
- 12.6.5.4 Market Size and Forecast, By End-User
- 12.6.6 New Zealand
- 12.6.6.1 Market Size and Forecast, By Type
- 12.6.6.2 Market Size and Forecast, By Resin Type
- 12.6.6.3 Market Size and Forecast, By Texture
- 12.6.6.4 Market Size and Forecast, By End-User
- 12.6.7 Singapore
- 12.6.7.1 Market Size and Forecast, By Type
- 12.6.7.2 Market Size and Forecast, By Resin Type
- 12.6.7.3 Market Size and Forecast, By Texture
- 12.6.7.4 Market Size and Forecast, By End-User
- 12.6.8 Malaysia
- 12.6.8.1 Market Size and Forecast, By Type
- 12.6.8.2 Market Size and Forecast, By Resin Type
- 12.6.8.3 Market Size and Forecast, By Texture
- 12.6.8.4 Market Size and Forecast, By End-User
- 12.6.9. Rest of Asia
- 12.6.9.1 Market Size and Forecast, By Type
- 12.6.9.2 Market Size and Forecast, By Resin Type
- 12.6.9.3 Market Size and Forecast, By Texture
- 12.6.9.4 Market Size and Forecast, By End-User
- 13 Latin America Polyfilm Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Latin America Polyfilm Market Share Analysis, By Type
- 13.3 Latin America Polyfilm Market Share Analysis, By Resin Type
- 13.4 Latin America Polyfilm Market Share Analysis, By Texture
- 13.5 Latin America Polyfilm Market Share Analysis, By End-User
- 13.6 Latin America Polyfilm Market Size and Forecast, Country
- 13.6.1. Brazil
- 13.6.1.1 Market Size and Forecast, By Type
- 13.6.1.2 Market Size and Forecast, By Resin Type
- 13.6.1.3 Market Size and Forecast, By Texture
- 13.6.1.4 Market Size and Forecast, By End-User
- 13.6.2 Argentina
- 13.6.2.1 Market Size and Forecast, By Type
- 13.6.2.2 Market Size and Forecast, By Resin Type
- 13.6.2.3 Market Size and Forecast, By Texture
- 13.6.2.4 Market Size and Forecast, By End-User
- 13.6.3 Colombia
- 13.6.3.1 Market Size and Forecast, By Type
- 13.6.3.2 Market Size and Forecast, By Resin Type
- 13.6.3.3 Market Size and Forecast, By Texture
- 13.6.3.4 Market Size and Forecast, By End-User
- 13.6.4 Peru
- 13.6.4.1 Market Size and Forecast, By Type
- 13.6.4.2 Market Size and Forecast, By Resin Type
- 13.6.4.3 Market Size and Forecast, By Texture
- 13.6.4.4 Market Size and Forecast, By End-User
- 13.6.5 Chile
- 13.6.5.1 Market Size and Forecast, By Type
- 13.6.5.2 Market Size and Forecast, By Resin Type
- 13.6.5.3 Market Size and Forecast, By Texture
- 13.6.5.4 Market Size and Forecast, By End-User
- 13.6.6 Venezuela
- 13.6.6.1 Market Size and Forecast, By Type
- 13.6.6.2 Market Size and Forecast, By Resin Type
- 13.6.6.3 Market Size and Forecast, By Texture
- 13.6.6.4 Market Size and Forecast, By End-User
- 13.6.7. Rest of Latin America
- 13.6.7.1 Market Size and Forecast, By Type
- 13.6.7.2 Market Size and Forecast, By Resin Type
- 13.6.7.3 Market Size and Forecast, By Texture
- 13.6.7.4 Market Size and Forecast, By End-User
- 14 Middle East Polyfilm Market Analysis and Forecast (2023-2030)
- 14.1 Introduction
- 14.2 Middle East Polyfilm Market Share Analysis, By Type
- 14.3 Middle East Polyfilm Market Size and Forecast, By Resin Type
- 14.4 Middle East Polyfilm Market Size and Forecast, By Texture
- 14.5 Middle East Polyfilm Market Size and Forecast, By End-User
- 14.6 Middle East Polyfilm Market Size and Forecast, By Country
- 14.6.1. Saudi Arabia
- 14.6.1.1 Market Size and Forecast, By Type
- 14.6.1.2 Market Size and Forecast, By Resin Type
- 14.6.1.3 Market Size and Forecast, By Texture
- 14.6.1.4 Market Size and Forecast, By End-User
- 14.6.2. UAE
- 14.6.2.1 Market Size and Forecast, By Type
- 14.6.2.2 Market Size and Forecast, By Resin Type
- 14.6.2.3 Market Size and Forecast, By Texture
- 14.6.2.4 Market Size and Forecast, By End-User
- 14.6.3. Egypt
- 14.6.3.1 Market Size and Forecast, By Type
- 14.6.3.2 Market Size and Forecast, By Resin Type
- 14.6.3.3 Market Size and Forecast, By Texture
- 14.6.3.4 Market Size and Forecast, By End-User
- 14.6.4. Kuwait
- 14.6.4.1 Market Size and Forecast, By Type
- 14.6.4.2 Market Size and Forecast, By Resin Type
- 14.6.4.3 Market Size and Forecast, By Texture
- 14.6.4.4 Market Size and Forecast, By End-User
- 14.6.5. South Africa
- 14.6.5.1 Market Size and Forecast, By Type
- 14.6.5.2 Market Size and Forecast, By Resin Type
- 14.6.5.3 Market Size and Forecast, By Texture
- 14.6.5.4 Market Size and Forecast, By End-User
- 14.6.6 Rest of Middle East & Africa
- 14.6.6.1 Market Size and Forecast, By Type
- 14.6.6.2 Market Size and Forecast, By Resin Type
- 14.6.6.3 Market Size and Forecast, By Texture
- 14.6.6.4 Market Size and Forecast, By End-User
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 Jindal Poly Films
- 16.1.1 Overview
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Polyvinyl Films, Inc
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3 Formosa Plastics Corporation
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4 Uflex Limited
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 SRF Limited
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 Cosmo Films Ltd
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 Taghleef Industries SL
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 POLYPLEX
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 POLIFILM Group
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10 CHIRIPAL POLY FILM
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments Global Polyfilm Market
- 16.10.6 Key Strategies
Pricing
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