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    APAC Zinc Market

    ID: MRFR/CnM/47180-HCR
    200 Pages
    Chitranshi Jaiswal
    September 2025

    APAC Zinc Market Research Report By Form (Powder, Sheet, Others), By Application (Galvanizing, Die Casting, Others), By End-Use Industry (Galvanizing, Die Casting, Others), and By Regional (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC) - Forecast to 2035

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    APAC Zinc Market Research Report - Forecast by 2035 Infographic
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    Table of Contents

    APAC Zinc Market Summary

    The Asia-Pacific APAC Zinc market is projected to grow from 9.01 USD Billion in 2024 to 15.7 USD Billion by 2035.

    Key Market Trends & Highlights

    APAC Zinc Key Trends and Highlights

    • The Asia-Pacific APAC Zinc market is valued at 9.01 USD Billion in 2024.
    • By 2035, the market is expected to reach 15.7 USD Billion, indicating robust growth.
    • The compound annual growth rate (CAGR) for the period 2025-2035 is estimated at 5.17%.
    • Growing adoption of zinc in various industries due to its corrosion resistance is a major market driver.

    Market Size & Forecast

    2024 Market Size 9.01 (USD Billion)
    2035 Market Size 15.7 (USD Billion)
    CAGR (2025-2035) 5.17%
    Largest Regional Market Share in 2024 latin_america)

    Major Players

    Boliden, China Northern Rare Earth Group HighTech Co, Kazzinc, Teck Resources, Southern Copper Corporation, China Minmetals, Mitsui Mining and Smelting, Sumitomo Metal Mining, Korea Zinc, Indian Bureau of Mines, Hindustan Zinc, Zinc Nacional, Shenghe Resources Holding, ZincOx Resources, Norsk Hydro

    APAC Zinc Market Trends

    The APAC Zinc Market is currently experiencing several important trends driven by various factors. One significant market driver is the increased demand for zinc in construction and infrastructure development across the region. Countries like India, China, and Southeast Asian nations are focusing on extensive urbanization and industrialization projects, leading to higher consumption of zinc for galvanizing steel, which offers corrosion resistance. Additionally, the growing automotive industry's shift towards higher production has supported zinc demand, as it is used in die-casting components and as a protective coating.

    Opportunities in the APAC Zinc Market are abundant, particularly in recycling initiatives and sustainable production methods. With a rising emphasis on environmental sustainability, countries are investing in zinc recycling technologies, which can reduce the carbon footprint associated with zinc mining and production. Firms are also exploring alternative sources of raw materials, allowing for more efficient operational practices. Furthermore, the increasing adoption of electric vehicles is creating opportunities for zinc due to its role in battery manufacturing, posing a growth avenue for manufacturers and investors.

    In recent times, the APAC region has also seen advancements in mining technology and practices, enhancing efficiency in the extraction and processing of zinc. Countries such as Australia and China are leading the way in implementing new technologies that improve yield while minimizing environmental impact. In addition, the Asia-Pacific region's effort towards stricter regulations on mining and emissions is pushing companies towards adopting more sustainable practices, aligning with global sustainability goals. This shift in market dynamics displays a robust trend toward sustainability and innovation within the APAC Zinc Market.

    Overall, these trends indicate a transforming landscape for zinc in the region, highlighting both challenges and opportunities for growth moving forward.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    APAC Zinc Market Drivers

    Market Segment Insights

    Zinc Market Form Insights

    Zinc Market Form Insights

    The APAC Zinc Market is increasingly categorized by its primary forms, where the importance of each form is highlighted in various applications, ranging from construction to automotive industries. The Form segment encapsulates the essential forms of zinc utilized across different industrial needs, and its evolution reflects broader market trends where technological advancements and sustainable practices drive growth. Within this segment, the usage of zinc powder is essential for applications in the chemical and metal industries due to its high reactivity, making it a preferred choice for manufacturing alloys and coatings.

    Meanwhile, the sheet form continues to captivate significant attention for its durability and resistance to corrosion, rendering it indispensable in construction, automotive, and various manufacturing processes. Amidst growing infrastructure projects across the APAC region, the demand for zinc sheets remains robust, showcasing its pivotal role in modern construction and industrial applications. The category of Others encompasses specialized forms of zinc that cater to niche applications, reflecting the diversity and adaptability of zinc usage in various industrial sectors, such as batteries and fertilizers.

    Overall, this segmentation plays a crucial role in understanding the APAC Zinc Market dynamics, as it allows stakeholders to identify trends and opportunities unique to each form, ensuring optimal resource allocation and strategy development toward industry needs. Moreover, with increasing governmental and industrial focus on sustainability, the significance of each form not only underpins market growth but also aligns with efforts to encourage recycling and reduce environmental impacts, positioning zinc as a key material in the transition towards more sustainable industrial practices.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Zinc Market Application Insights

    Zinc Market Application Insights

    The Application segment of the APAC Zinc Market plays a crucial role in driving the industry forward. Major applications include Galvanizing, Die Casting, and other uses, which contribute to the overall growth and dynamics of the market. Galvanizing is particularly important as it provides corrosion resistance for steel structures, making it indispensable in construction and automotive industries where durability is essential. Die Casting, on the other hand, offers excellent dimensional accuracy and surface finish and is widely adopted in manufacturing components for various sectors, including electronics and transportation.

    These applications underline the versatility of zinc, as it fulfills a diverse range of needs across different industries. The APAC region benefits from rapid industrial growth and urbanization, leading to increased demand for zinc-based products. With continuous investments in infrastructure and the booming automotive sector, the Application segment is anticipated to experience significant traction, driven by innovation in manufacturing processes and sustainability practices that further enhance the performance of zinc applications. The APAC Zinc Market statistics indicate a promising landscape where these applications maintain dominant positions, ensuring the market remains resilient amid evolving industry standards and consumer preferences.

    Zinc Market End-Use Industry Insights

    Zinc Market End-Use Industry Insights

    The End-Use Industry segment of the APAC Zinc Market plays a vital role in driving the overall market dynamics. Within this segment, Galvanizing stands out as a key application, mainly due to its extensive use in protecting steel structures and components in various sectors, including construction, automotive, and infrastructure. This protective process enhances durability and longevity, making it essential for long-term sustainability in infrastructure projects across Asia-Pacific nations. Die Casting is another significant aspect, widely utilized in the automotive and electronics sectors, which demonstrates the versatility of zinc in manufacturing lightweight and robust components.

    The demand for zinc in these applications is propelled by increasing industrialization and urbanization within APAC, creating growth opportunities. Additionally, other applications within the end-user industry are emerging, highlighting the material's adaptability and relevance in numerous emerging technologies. As the region continues to develop economically, the trends and innovations in these applications will further influence the APAC Zinc Market, ensuring its substantial contribution to the industry's future growth.

    Get more detailed insights about APAC Zinc Market Research Report - Forecast by 2035

    Regional Insights

    The APAC Zinc Market is characterized by significant regional distinctions that reflect varying levels of industrial demand and technological advancements across countries. China holds a dominant position in the market, driven by its rapid industrialization and expansive manufacturing sector, especially in the construction and automotive industries, showcasing its importance as a critical player in the APAC region. India is also a major contributor, with strong growth in its infrastructure development projects and urbanization efforts, which increases zinc consumption.

    Japan maintains a steady demand for zinc, primarily in its automotive and electronics sectors, reflecting its technological strengths and focus on high-value industries. South Korea's market, although smaller, benefits from its advanced manufacturing capabilities and robust construction ventures, ensuring a consistent requirement for zinc. Malaysia, Thailand, and Indonesia, while representing emerging markets within the region, demonstrate growth potential driven by expanding industrial activities, particularly in construction and automotive. The Rest of APAC collectively represents other developing markets, poised for future growth as they enhance their industrial frameworks.

    The APAC zinc market illustrates a diverse landscape influenced by regional economic conditions, infrastructure investments, and industrial demands, making it a dynamic arena for growth opportunities.

    Zinc Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The competitive landscape of the APAC Zinc Market is characterized by a dynamic interplay between various players, driven by the region's growing demand for zinc in industries such as automotive, construction, and electronics. As a key component in galvanization, zinc has acquired strategic importance, leading to heightened competition among manufacturers operating within the region. The market is influenced by several factors, including shifts in supply chains, regulatory changes, and technological advancements in zinc production and processing.

    Companies within this space are currently adopting innovative strategies to optimize their operations, enhance product offerings, and expand their geographic reach, striving to capture a more significant share of a market that is expected to witness steady growth. In the context of the APAC Zinc Market, Boliden stands out due to its robust operational capabilities and commitment to sustainability. With a significant presence in several APAC countries, Boliden has established itself as a major player by effectively leveraging its integrated business model, which encompasses mining, smelting, and recycling activities.

    This holistic approach allows Boliden to optimize resource utilization while maintaining a strong focus on environmental impact. The company's advanced technologies in zinc production, coupled with its strategic partnerships and strong distribution networks, reinforce its competitive position in the region. By emphasizing efficient processing and sustainable practices, Boliden continues to strengthen its market presence and enhance its brand reputation across the APAC zinc landscape. China Northern Rare Earth Group HighTech Co is strategically positioned within the APAC Zinc Market, offering a diverse portfolio of products and services tailored specifically for regional needs.

    The company's strengths lie in its comprehensive supply chain capabilities, which facilitate the efficient extraction and processing of zinc, alongside its rich experience in the rare earth sector. By focusing on quality and innovation, China Northern Rare Earth Group HighTech Co has been able to solidify its presence in key markets while actively exploring opportunities for mergers and acquisitions to enhance its operational footprint. The company's strategic initiatives reflect a commitment to expanding its market share, particularly through research and development aimed at introducing advanced zinc technologies.

    This commitment positions the company favorably within the competitive landscape, allowing it to respond effectively to the growing demand for zinc products across the APAC region.

    Key Companies in the APAC Zinc Market market include

    Industry Developments

    Market Segmentation

    Zinc Market Form Outlook

    • Powder
    • Sheet
    • Others

    Zinc Market Regional Outlook

    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Thailand
    • Indonesia
    • Rest of APAC

    Zinc Market Application Outlook

    • Galvanizing
    • Die Casting
    • Others

    Zinc Market End-Use Industry Outlook

    • Galvanizing
    • Die Casting
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 9.01(USD Billion)
    Market Size 2025 10.51(USD Billion)
    Market Size 2035 15.69(USD Billion)
    Compound Annual Growth Rate (CAGR) 3.708% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Boliden, China Northern Rare Earth Group HighTech Co, Kazzinc, Teck Resources, Southern Copper Corporation, China Minmetals, Mitsui Mining and Smelting, Sumitomo Metal Mining, Korea Zinc, Indian Bureau of Mines, Hindustan Zinc, Zinc Nacional, Shenghe Resources Holding, ZincOx Resources, Norsk Hydro
    Segments Covered Form, Application, End-Use Industry, Regional
    Key Market Opportunities Rising demand in construction sector, Electric vehicle battery production, Expanding renewable energy infrastructure, Urbanization and infrastructure development, Increased zinc recycling initiatives
    Key Market Dynamics Rising automotive industry demand, Expanding construction activities, Increasing battery production, Government regulations and initiatives, Fluctuating global supply chains
    Countries Covered China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC

    Market Highlights

    Author

    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What was the projected market size of the APAC Zinc Market by 2035?

    The APAC Zinc Market was expected to be valued at 15.69 USD billion by 2035.

    What is the expected CAGR for the APAC Zinc Market from 2025 to 2035?

    The expected CAGR for the APAC Zinc Market during the period from 2025 to 2035 is 3.708 percent.

    Which region held the largest market share in the APAC Zinc Market in 2024?

    In 2024, China is projected to held the largest market share, valued at 4.5 USD billion.

    What will be the market size for Zinc Sheets in 2035?

    The market size for Zinc Sheets is expected to reach 6.42 USD billion by 2035.

    Who are some of the key players in the APAC Zinc Market?

    Major players in the market include Boliden, Teck Resources, and Hindustan Zinc.

    What was the anticipated market value for Zinc Powder in 2024?

    The anticipated market value for Zinc Powder in 2024 was 3.12 USD billion.

    How much is the market for Zinc in India expected to grow by 2035?

    The market for Zinc in India is expected to grow to 3.6 USD billion by 2035.

    What was the forecasted market value for the Others segment in 2024?

    The forecasted market value for the Others segment in 2024 was 3.03 USD billion.

    How much will the market for Zinc in South Korea be valued in 2035?

    The market for Zinc in South Korea is projected to reach 1.7 USD billion by 2035.

    What is the expected market size for Zinc in Japan by 2035?

    By 2035, the expected market size for Zinc in Japan is forecasted to be 2.6 USD billion.

    1. 'TABLE OF CONTENTS
    2. EXECUTIVE SUMMARY
    3. Market Overview
      1. Key Findings
      2. Market Segmentation
    4. Competitive Landscape
      1. Challenges and Opportunities
      2. Future
    5. Outlook
    6. MARKET INTRODUCTION
      1. Definition
      2. Scope of the study
        1. Research Objective
        2. Assumption
        3. Limitations
    7. RESEARCH METHODOLOGY
      1. Overview
    8. Data Mining
      1. Secondary Research
      2. Primary Research
    9. Primary Interviews and Information Gathering Process
      1. Breakdown of Primary
    10. Respondents
      1. Forecasting Model
      2. Market Size Estimation
    11. Bottom-Up Approach
      1. Top-Down Approach
      2. Data Triangulation
      3. Validation
    12. MARKET DYNAMICS
      1. Overview
      2. Drivers
      3. Restraints
      4. Opportunities
    13. MARKET
    14. FACTOR ANALYSIS
      1. Value chain Analysis
      2. Porter''s Five Forces
    15. Analysis
      1. Bargaining Power of Suppliers
        1. Bargaining Power
    16. of Buyers
      1. Threat of New Entrants
        1. Threat of Substitutes
        2. Intensity of Rivalry
      2. COVID-19 Impact Analysis
    17. Market Impact Analysis
      1. Regional Impact
        1. Opportunity and
    18. Threat Analysis
    19. APAC ZINC MARKET, BY FORM (USD BILLION)
      1. Powder
      2. Sheet
      3. Others
    20. APAC ZINC MARKET,
    21. BY APPLICATION (USD BILLION)
      1. Galvanizing
      2. Die Casting
    22. Others
    23. APAC ZINC MARKET, BY END-USE INDUSTRY (USD BILLION)
      1. Galvanizing
      2. Die Casting
      3. Others
    24. APAC ZINC MARKET, BY REGIONAL
    25. (USD BILLION)
      1. China
      2. India
      3. Japan
      4. South
    26. Korea
      1. Malaysia
      2. Thailand
      3. Indonesia
      4. Rest
    27. of APAC
    28. COMPETITIVE LANDSCAPE
      1. Overview
      2. Competitive Analysis
      3. Market share Analysis
      4. Major
    29. Growth Strategy in the Zinc Market
      1. Competitive Benchmarking
    30. Leading Players in Terms of Number of Developments in the Zinc Market
    31. Key developments and growth strategies
      1. New Product Launch/Service
    32. Deployment
      1. Merger & Acquisitions
        1. Joint Ventures
      2. Major Players Financial Matrix
        1. Sales and Operating Income
        2. Major Players R&D Expenditure. 2023
    33. COMPANY PROFILES
      1. Boliden
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT Analysis
        5. Key Strategies
      2. China Northern Rare Earth Group HighTech Co
        1. Financial
    34. Overview
      1. Products Offered
        1. Key Developments
    35. SWOT Analysis
      1. Key Strategies
      2. Kazzinc
        1. Financial
    36. Overview
      1. Products Offered
        1. Key Developments
    37. SWOT Analysis
      1. Key Strategies
      2. Teck Resources
    38. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Southern Copper
    39. Corporation
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key Strategies
      2. China Minmetals
        1. Financial Overview
        2. Products
    40. Offered
      1. Key Developments
        1. SWOT Analysis
    41. Key Strategies
      1. Mitsui Mining and Smelting
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    42. Analysis
      1. Key Strategies
      2. Sumitomo Metal Mining
    43. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Korea Zinc
        1. Financial Overview
        2. Products Offered
        3. Key
    44. Developments
      1. SWOT Analysis
        1. Key Strategies
    45. Indian Bureau of Mines
      1. Financial Overview
        1. Products
    46. Offered
      1. Key Developments
        1. SWOT Analysis
    47. Key Strategies
      1. Hindustan Zinc
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    48. Analysis
      1. Key Strategies
      2. Zinc Nacional
    49. Financial Overview
      1. Products Offered
        1. Key Developments
        2. SWOT Analysis
        3. Key Strategies
      2. Shenghe
    50. Resources Holding
      1. Financial Overview
        1. Products Offered
        2. Key Developments
        3. SWOT Analysis
        4. Key
    51. Strategies
      1. ZincOx Resources
        1. Financial Overview
    52. Products Offered
      1. Key Developments
        1. SWOT Analysis
        2. Key Strategies
      2. Norsk Hydro
        1. Financial Overview
        2. Products Offered
        3. Key Developments
        4. SWOT
    53. Analysis
      1. Key Strategies
    54. APPENDIX
      1. References
      2. Related Reports
    55. (USD BILLIONS)
    56. APPLICATION, 2019-2035 (USD BILLIONS)
    57. & FORECAST, BY END-USE INDUSTRY, 2019-2035 (USD BILLIONS)
    58. ZINC MARKET SIZE ESTIMATES & FORECAST, BY REGIONAL, 2019-2035 (USD BILLIONS)
    59. APAC ZINC MARKET ANALYSIS BY FORM
    60. APPLICATION
    61. APAC ZINC MARKET ANALYSIS BY REGIONAL
    62. ZINC MARKET
    63. OF ZINC MARKET
    64. RESTRAINTS IMPACT ANALYSIS: ZINC MARKET
    65. ZINC MARKET
    66. ZINC MARKET, BY FORM, 2019 TO 2035 (USD Billions)
    67. BY APPLICATION, 2025 (% SHARE)
    68. TO 2035 (USD Billions)
    69. SHARE)
    70. MARKET, BY REGIONAL, 2019 TO 2035 (USD Billions)
    71. MAJOR COMPETITORS'

    APAC Zinc Market Segmentation

     

     

     

    • Zinc Market By Form (USD Billion, 2019-2035)
      • Powder
      • Sheet
      • Others

     

    • Zinc Market By Application (USD Billion, 2019-2035)
      • Galvanizing
      • Die Casting
      • Others

     

    • Zinc Market By End-Use Industry (USD Billion, 2019-2035)
      • Galvanizing
      • Die Casting
      • Others

     

    • Zinc Market By Regional (USD Billion, 2019-2035)
      • China
      • India
      • Japan
      • South Korea
      • Malaysia
      • Thailand
      • Indonesia
      • Rest of APAC

     

    Zinc Market Regional Outlook (USD Billion, 2019-2035)

     

     

    • APAC Outlook (USD Billion, 2019-2035)
      • APAC Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • APAC Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • APAC Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others
      • APAC Zinc Market by Regional Type
        • China
        • India
        • Japan
        • South Korea
        • Malaysia
        • Thailand
        • Indonesia
        • Rest of APAC
      • CHINA Outlook (USD Billion, 2019-2035)
      • CHINA Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • CHINA Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • CHINA Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others
      • INDIA Outlook (USD Billion, 2019-2035)
      • INDIA Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • INDIA Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • INDIA Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others
      • JAPAN Outlook (USD Billion, 2019-2035)
      • JAPAN Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • JAPAN Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • JAPAN Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others
      • SOUTH KOREA Outlook (USD Billion, 2019-2035)
      • SOUTH KOREA Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • SOUTH KOREA Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • SOUTH KOREA Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others
      • MALAYSIA Outlook (USD Billion, 2019-2035)
      • MALAYSIA Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • MALAYSIA Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • MALAYSIA Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others
      • THAILAND Outlook (USD Billion, 2019-2035)
      • THAILAND Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • THAILAND Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • THAILAND Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others
      • INDONESIA Outlook (USD Billion, 2019-2035)
      • INDONESIA Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • INDONESIA Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • INDONESIA Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others
      • REST OF APAC Outlook (USD Billion, 2019-2035)
      • REST OF APAC Zinc Market by Form Type
        • Powder
        • Sheet
        • Others
      • REST OF APAC Zinc Market by Application Type
        • Galvanizing
        • Die Casting
        • Others
      • REST OF APAC Zinc Market by End-Use Industry Type
        • Galvanizing
        • Die Casting
        • Others

     

     

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