Report Detail

Chemical & Material Global Batteries Thermal Conductive Adhesives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM4612910
  • |
  • 02 September, 2024
  • |
  • Global
  • |
  • 133 Pages
  • |
  • GIR (Global Info Research)
  • |
  • Chemical & Material

Thermal conductive adhesives for batteries are specialized adhesives designed to provide both adhesion and efficient heat transfer between battery cells and heat dissipation components, such as heat sinks or casing.
According to our (Global Info Research) latest study, the global Batteries Thermal Conductive Adhesives market size was valued at US$ 255 million in 2023 and is forecast to a readjusted size of USD 1078 million by 2030 with a CAGR of 22.8% during review period.
This report is a detailed and comprehensive analysis for global Batteries Thermal Conductive Adhesives market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Batteries Thermal Conductive Adhesives market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2019-2030
Global Batteries Thermal Conductive Adhesives market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2019-2030
Global Batteries Thermal Conductive Adhesives market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2019-2030
Global Batteries Thermal Conductive Adhesives market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/kg), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Batteries Thermal Conductive Adhesives
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Batteries Thermal Conductive Adhesives market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dupont, Dow, Sika, Henkel, Parker Hannifin, 3M, Wacker Chemie, ITW, H.B. Fuller, Arkema, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Batteries Thermal Conductive Adhesives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Thermal Conductive Adhesives
Thermal Conductive Potting Adhesives
Thermal Conductive Glue
Others
Market segment by Application
Passenger Car
Commercial Vehicles
Major players covered
Dupont
Dow
Sika
Henkel
Parker Hannifin
3M
Wacker Chemie
ITW
H.B. Fuller
Arkema
Momentive
Guangdong Deju Technology
Guangzhou Jointas Chemical
Zhejiang Saintyear Electronic TECHNOLOGIES
Darbond Technology
Guangzhou Baiyun Technology
Hangzhou Zhijiang Silicone Chemicals
DELO
Shenzhen Goldlink Tongda Electronics
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Batteries Thermal Conductive Adhesives product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Batteries Thermal Conductive Adhesives, with price, sales quantity, revenue, and global market share of Batteries Thermal Conductive Adhesives from 2019 to 2024.
Chapter 3, the Batteries Thermal Conductive Adhesives competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Batteries Thermal Conductive Adhesives breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Batteries Thermal Conductive Adhesives market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Batteries Thermal Conductive Adhesives.
Chapter 14 and 15, to describe Batteries Thermal Conductive Adhesives sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Batteries Thermal Conductive Adhesives Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Thermal Conductive Adhesives
    • 1.3.3 Thermal Conductive Potting Adhesives
    • 1.3.4 Thermal Conductive Glue
    • 1.3.5 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Batteries Thermal Conductive Adhesives Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Passenger Car
    • 1.4.3 Commercial Vehicles
  • 1.5 Global Batteries Thermal Conductive Adhesives Market Size & Forecast
    • 1.5.1 Global Batteries Thermal Conductive Adhesives Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Batteries Thermal Conductive Adhesives Sales Quantity (2019-2030)
    • 1.5.3 Global Batteries Thermal Conductive Adhesives Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Dupont
    • 2.1.1 Dupont Details
    • 2.1.2 Dupont Major Business
    • 2.1.3 Dupont Batteries Thermal Conductive Adhesives Product and Services
    • 2.1.4 Dupont Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Dupont Recent Developments/Updates
  • 2.2 Dow
    • 2.2.1 Dow Details
    • 2.2.2 Dow Major Business
    • 2.2.3 Dow Batteries Thermal Conductive Adhesives Product and Services
    • 2.2.4 Dow Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Dow Recent Developments/Updates
  • 2.3 Sika
    • 2.3.1 Sika Details
    • 2.3.2 Sika Major Business
    • 2.3.3 Sika Batteries Thermal Conductive Adhesives Product and Services
    • 2.3.4 Sika Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Sika Recent Developments/Updates
  • 2.4 Henkel
    • 2.4.1 Henkel Details
    • 2.4.2 Henkel Major Business
    • 2.4.3 Henkel Batteries Thermal Conductive Adhesives Product and Services
    • 2.4.4 Henkel Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Henkel Recent Developments/Updates
  • 2.5 Parker Hannifin
    • 2.5.1 Parker Hannifin Details
    • 2.5.2 Parker Hannifin Major Business
    • 2.5.3 Parker Hannifin Batteries Thermal Conductive Adhesives Product and Services
    • 2.5.4 Parker Hannifin Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Parker Hannifin Recent Developments/Updates
  • 2.6 3M
    • 2.6.1 3M Details
    • 2.6.2 3M Major Business
    • 2.6.3 3M Batteries Thermal Conductive Adhesives Product and Services
    • 2.6.4 3M Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 3M Recent Developments/Updates
  • 2.7 Wacker Chemie
    • 2.7.1 Wacker Chemie Details
    • 2.7.2 Wacker Chemie Major Business
    • 2.7.3 Wacker Chemie Batteries Thermal Conductive Adhesives Product and Services
    • 2.7.4 Wacker Chemie Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Wacker Chemie Recent Developments/Updates
  • 2.8 ITW
    • 2.8.1 ITW Details
    • 2.8.2 ITW Major Business
    • 2.8.3 ITW Batteries Thermal Conductive Adhesives Product and Services
    • 2.8.4 ITW Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 ITW Recent Developments/Updates
  • 2.9 H.B. Fuller
    • 2.9.1 H.B. Fuller Details
    • 2.9.2 H.B. Fuller Major Business
    • 2.9.3 H.B. Fuller Batteries Thermal Conductive Adhesives Product and Services
    • 2.9.4 H.B. Fuller Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 H.B. Fuller Recent Developments/Updates
  • 2.10 Arkema
    • 2.10.1 Arkema Details
    • 2.10.2 Arkema Major Business
    • 2.10.3 Arkema Batteries Thermal Conductive Adhesives Product and Services
    • 2.10.4 Arkema Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Arkema Recent Developments/Updates
  • 2.11 Momentive
    • 2.11.1 Momentive Details
    • 2.11.2 Momentive Major Business
    • 2.11.3 Momentive Batteries Thermal Conductive Adhesives Product and Services
    • 2.11.4 Momentive Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Momentive Recent Developments/Updates
  • 2.12 Guangdong Deju Technology
    • 2.12.1 Guangdong Deju Technology Details
    • 2.12.2 Guangdong Deju Technology Major Business
    • 2.12.3 Guangdong Deju Technology Batteries Thermal Conductive Adhesives Product and Services
    • 2.12.4 Guangdong Deju Technology Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Guangdong Deju Technology Recent Developments/Updates
  • 2.13 Guangzhou Jointas Chemical
    • 2.13.1 Guangzhou Jointas Chemical Details
    • 2.13.2 Guangzhou Jointas Chemical Major Business
    • 2.13.3 Guangzhou Jointas Chemical Batteries Thermal Conductive Adhesives Product and Services
    • 2.13.4 Guangzhou Jointas Chemical Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Guangzhou Jointas Chemical Recent Developments/Updates
  • 2.14 Zhejiang Saintyear Electronic TECHNOLOGIES
    • 2.14.1 Zhejiang Saintyear Electronic TECHNOLOGIES Details
    • 2.14.2 Zhejiang Saintyear Electronic TECHNOLOGIES Major Business
    • 2.14.3 Zhejiang Saintyear Electronic TECHNOLOGIES Batteries Thermal Conductive Adhesives Product and Services
    • 2.14.4 Zhejiang Saintyear Electronic TECHNOLOGIES Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Zhejiang Saintyear Electronic TECHNOLOGIES Recent Developments/Updates
  • 2.15 Darbond Technology
    • 2.15.1 Darbond Technology Details
    • 2.15.2 Darbond Technology Major Business
    • 2.15.3 Darbond Technology Batteries Thermal Conductive Adhesives Product and Services
    • 2.15.4 Darbond Technology Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 Darbond Technology Recent Developments/Updates
  • 2.16 Guangzhou Baiyun Technology
    • 2.16.1 Guangzhou Baiyun Technology Details
    • 2.16.2 Guangzhou Baiyun Technology Major Business
    • 2.16.3 Guangzhou Baiyun Technology Batteries Thermal Conductive Adhesives Product and Services
    • 2.16.4 Guangzhou Baiyun Technology Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 Guangzhou Baiyun Technology Recent Developments/Updates
  • 2.17 Hangzhou Zhijiang Silicone Chemicals
    • 2.17.1 Hangzhou Zhijiang Silicone Chemicals Details
    • 2.17.2 Hangzhou Zhijiang Silicone Chemicals Major Business
    • 2.17.3 Hangzhou Zhijiang Silicone Chemicals Batteries Thermal Conductive Adhesives Product and Services
    • 2.17.4 Hangzhou Zhijiang Silicone Chemicals Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.17.5 Hangzhou Zhijiang Silicone Chemicals Recent Developments/Updates
  • 2.18 DELO
    • 2.18.1 DELO Details
    • 2.18.2 DELO Major Business
    • 2.18.3 DELO Batteries Thermal Conductive Adhesives Product and Services
    • 2.18.4 DELO Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.18.5 DELO Recent Developments/Updates
  • 2.19 Shenzhen Goldlink Tongda Electronics
    • 2.19.1 Shenzhen Goldlink Tongda Electronics Details
    • 2.19.2 Shenzhen Goldlink Tongda Electronics Major Business
    • 2.19.3 Shenzhen Goldlink Tongda Electronics Batteries Thermal Conductive Adhesives Product and Services
    • 2.19.4 Shenzhen Goldlink Tongda Electronics Batteries Thermal Conductive Adhesives Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.19.5 Shenzhen Goldlink Tongda Electronics Recent Developments/Updates

3 Competitive Environment: Batteries Thermal Conductive Adhesives by Manufacturer

  • 3.1 Global Batteries Thermal Conductive Adhesives Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Batteries Thermal Conductive Adhesives Revenue by Manufacturer (2019-2024)
  • 3.3 Global Batteries Thermal Conductive Adhesives Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Batteries Thermal Conductive Adhesives by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Batteries Thermal Conductive Adhesives Manufacturer Market Share in 2023
    • 3.4.3 Top 6 Batteries Thermal Conductive Adhesives Manufacturer Market Share in 2023
  • 3.5 Batteries Thermal Conductive Adhesives Market: Overall Company Footprint Analysis
    • 3.5.1 Batteries Thermal Conductive Adhesives Market: Region Footprint
    • 3.5.2 Batteries Thermal Conductive Adhesives Market: Company Product Type Footprint
    • 3.5.3 Batteries Thermal Conductive Adhesives Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Batteries Thermal Conductive Adhesives Market Size by Region
    • 4.1.1 Global Batteries Thermal Conductive Adhesives Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Batteries Thermal Conductive Adhesives Consumption Value by Region (2019-2030)
    • 4.1.3 Global Batteries Thermal Conductive Adhesives Average Price by Region (2019-2030)
  • 4.2 North America Batteries Thermal Conductive Adhesives Consumption Value (2019-2030)
  • 4.3 Europe Batteries Thermal Conductive Adhesives Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Batteries Thermal Conductive Adhesives Consumption Value (2019-2030)
  • 4.5 South America Batteries Thermal Conductive Adhesives Consumption Value (2019-2030)
  • 4.6 Middle East & Africa Batteries Thermal Conductive Adhesives Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Batteries Thermal Conductive Adhesives Sales Quantity by Type (2019-2030)
  • 5.2 Global Batteries Thermal Conductive Adhesives Consumption Value by Type (2019-2030)
  • 5.3 Global Batteries Thermal Conductive Adhesives Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Batteries Thermal Conductive Adhesives Sales Quantity by Application (2019-2030)
  • 6.2 Global Batteries Thermal Conductive Adhesives Consumption Value by Application (2019-2030)
  • 6.3 Global Batteries Thermal Conductive Adhesives Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Batteries Thermal Conductive Adhesives Sales Quantity by Type (2019-2030)
  • 7.2 North America Batteries Thermal Conductive Adhesives Sales Quantity by Application (2019-2030)
  • 7.3 North America Batteries Thermal Conductive Adhesives Market Size by Country
    • 7.3.1 North America Batteries Thermal Conductive Adhesives Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Batteries Thermal Conductive Adhesives Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Batteries Thermal Conductive Adhesives Sales Quantity by Type (2019-2030)
  • 8.2 Europe Batteries Thermal Conductive Adhesives Sales Quantity by Application (2019-2030)
  • 8.3 Europe Batteries Thermal Conductive Adhesives Market Size by Country
    • 8.3.1 Europe Batteries Thermal Conductive Adhesives Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Batteries Thermal Conductive Adhesives Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Batteries Thermal Conductive Adhesives Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Batteries Thermal Conductive Adhesives Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Batteries Thermal Conductive Adhesives Market Size by Region
    • 9.3.1 Asia-Pacific Batteries Thermal Conductive Adhesives Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Batteries Thermal Conductive Adhesives Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 South Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Batteries Thermal Conductive Adhesives Sales Quantity by Type (2019-2030)
  • 10.2 South America Batteries Thermal Conductive Adhesives Sales Quantity by Application (2019-2030)
  • 10.3 South America Batteries Thermal Conductive Adhesives Market Size by Country
    • 10.3.1 South America Batteries Thermal Conductive Adhesives Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Batteries Thermal Conductive Adhesives Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Batteries Thermal Conductive Adhesives Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Batteries Thermal Conductive Adhesives Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Batteries Thermal Conductive Adhesives Market Size by Country
    • 11.3.1 Middle East & Africa Batteries Thermal Conductive Adhesives Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Batteries Thermal Conductive Adhesives Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Batteries Thermal Conductive Adhesives Market Drivers
  • 12.2 Batteries Thermal Conductive Adhesives Market Restraints
  • 12.3 Batteries Thermal Conductive Adhesives Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Batteries Thermal Conductive Adhesives and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Batteries Thermal Conductive Adhesives
  • 13.3 Batteries Thermal Conductive Adhesives Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Batteries Thermal Conductive Adhesives Typical Distributors
  • 14.3 Batteries Thermal Conductive Adhesives Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Batteries Thermal Conductive Adhesives. Industry analysis & Market Report on Batteries Thermal Conductive Adhesives is a syndicated market report, published as Global Batteries Thermal Conductive Adhesives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Batteries Thermal Conductive Adhesives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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