Global Quartz Glass Product
Market Report
2024
The global Quartz Glass Product market size will be USD 1425.2 million in 2024. The growing semiconductor industry is expected to boost sales to USD 2572.042149 million by 2031, with a Compound Annual Growth Rate (CAGR) of 8.80% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Quartz Glass Product market size will be USD 1425.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Quartz Glass Product Market Sales Revenue 2024 | $ 1425.2 Million |
Global Quartz Glass Product Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.8% |
North America Quartz Glass Product Sales Revenue 2024 | $ 570.08 Million |
North America Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7% |
United States Quartz Glass Product Sales Revenue 2024 | $ 449.79 Million |
United States Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.8% |
Canada Quartz Glass Product Sales Revenue 2024 | $ 68.41 Million |
Canada Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.8% |
Mexico Quartz Glass Product Sales Revenue 2024 | $ 51.88 Million |
Mexico Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
Europe Quartz Glass Product Sales Revenue 2024 | $ 427.56 Million |
Europe Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.3% |
United Kingdom Quartz Glass Product Sales Revenue 2024 | $ 71.83 Million |
United Kingdom Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.1% |
France Quartz Glass Product Sales Revenue 2024 | $ 39.34 Million |
France Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.5% |
Germany Quartz Glass Product Sales Revenue 2024 | $ 84.66 Million |
Germany Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
Italy Quartz Glass Product Sales Revenue 2024 | $ 36.77 Million |
Italy Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
Russia Quartz Glass Product Sales Revenue 2024 | $ 66.27 Million |
Russia Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.3% |
Spain Quartz Glass Product Sales Revenue 2024 | $ 35.06 Million |
Spain Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.4% |
Rest of Europe Quartz Glass Product Sales Revenue 2024 | $ 66.27 Million |
Rest of Europe Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6% |
Asia Pacific Quartz Glass Product Sales Revenue 2024 | $ 327.8 Million |
Asia Pacific Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.8% |
China Quartz Glass Product Sales Revenue 2024 | $ 147.51 Million |
China Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.3% |
Japan Quartz Glass Product Sales Revenue 2024 | $ 45.24 Million |
Japan Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.3% |
Korea Quartz Glass Product Sales Revenue 2024 | $ 32.78 Million |
Korea Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.9% |
India Quartz Glass Product Sales Revenue 2024 | $ 39.34 Million |
India Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.6% |
Australia Quartz Glass Product Sales Revenue 2024 | $ 17.05 Million |
Australia Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.5% |
Rest of APAC Quartz Glass Product Sales Revenue 2024 | $ 23.27 Million |
Rest of APAC Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.6% |
South America Quartz Glass Product Sales Revenue 2024 | $ 71.26 Million |
South America Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.2% |
Brazil Quartz Glass Product Sales Revenue 2024 | $ 30.5 Million |
Brazil Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.8% |
Argentina Quartz Glass Product Sales Revenue 2024 | $ 11.97 Million |
Argentina Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.1% |
Colombia Quartz Glass Product Sales Revenue 2024 | $ 6.34 Million |
Colombia Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8% |
Peru Quartz Glass Product Sales Revenue 2024 | $ 5.84 Million |
Peru Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.4% |
Chile Quartz Glass Product Sales Revenue 2024 | $ 5.13 Million |
Chile Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.5% |
Rest of South America Quartz Glass Product Sales Revenue 2024 | $ 11.47 Million |
Rest of South America Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.3% |
Middle East and Africa Quartz Glass Product Sales Revenue 2024 | $ 28.5 Million |
Middle East and Africa Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.5% |
Turkey Quartz Glass Product Sales Revenue 2024 | $ 2.45 Million |
Turkey Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8% |
Nigeria Quartz Glass Product Sales Revenue 2024 | $ 2.99 Million |
Nigeria Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.6% |
Egypt Quartz Glass Product Sales Revenue 2024 | $ 2.99 Million |
Egypt Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.8% |
South Africa Quartz Glass Product Sales Revenue 2024 | $ 4.5 Million |
South Africa Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.5% |
GCC Countries Quartz Glass Product Sales Revenue 2024 | $ 12.2 Million |
GCC Countries Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.3% |
Rest of MEA Quartz Glass Product Sales Revenue 2024 | $ 3.36 Million |
Rest of MEA Quartz Glass Product Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Type Outlook: |
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Market Split by Application Outlook: |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Quartz Glass Product industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Quartz Glass Product Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Glass that contains nearly pure silica (silicon dioxide, SiO2) in an amorphous (non-crystalline) state is known as fused quartz, fused silica, or quartz glass. This is not like any other commercial glass, like soda-lime glass, lead glass, or borosilicate glass, where additional ingredients are added to alter the optical and physical characteristics of the glass, like lowering its mechanical strength, spectral transmission range, or melt temperature. Because of its high working and melting temperatures, fused quartz is not ideal for most common applications and is harder to form. However, because of its greater strength, increased chemical resistance, and reduced thermal expansion, fused quartz is better suited for many specialized applications, including lighting and scientific applications. The quartz glass product market is being driven by several factors such as growing demand for consumer electronics, the rising semiconductor sector, the increasing solar industry, technological advancements and others.
In March 2024, the EPIC Distinguished Supplier Award from Intel was granted to Tosoh Quartz, Inc. Using its commitment to Excellence, Partnership, Inclusion, and Continuous (EPIC) quality improvement, Tosoh Quartz, Inc. has continuously surpassed Intel's expectations in performance. (Source: https://www.tosohquartz.com/news-press/news-releases/2024)
Photovoltaic cells in the solar energy sector are made using quartz glass. Products made of quartz glass are anticipated to become more and more necessary in this industry as demand for renewable energy sources, such as solar power, grows. For instance, the generation in 2022–2023 was 1624.158 BU, compared to 1491.859 BU in 2021–2022 (statistics released by India Brand Equity Foundation), indicating an increase of almost 8.87%. As of December 2023, the installed solar energy capacity has grown by 26 times during the previous nine years, to 73.32 GW.
The growing product launches are expected to drive the market growth over the projected period. For instance, in April 2023, Lithoz announced the debut of a new material called "LithaGlass powered by Glassomer" following extensive research conducted in collaboration with Glassomer, a glass company located in Germany. This composite slurry with a quartz glass base is a ground-breaking accomplishment for each partner, as Glassomer categorized Lithoz's potent Lithography-based Ceramic Manufacturing technology as the only process able to refine and 3D print their material at such a high level of precision and complexity. With the successful release of numerous new materials and the introduction of two new technologies in the last year, this latest accomplishment expands Lithoz's portfolio of slurries with yet another potent innovation. The benefits of high-performance fused silica glass, including minimal thermal expansion and consequently excellent thermal shock resistance, mechanical stability, strong thermal and chemical resistance, and so forth, are combined with the design freedom offered by 3D printing.
Quartz glass is made using a labor- and energy-intensive process. To melt and purify the quartz, sophisticated tools and high temperatures are needed. Compared to other glass materials, this results in greater production costs, which may serve as a barrier, especially for locations or industries where pricing is a concern. Furthermore, it is not always easy to find high-purity quartz sand, which is the main ingredient needed to make quartz glass. The production capacity of quartz glass makers may be constrained due to the unstable prices and limited availability of this raw material, which can affect supply chains and lead to price instability.
The COVID-19 epidemic is predicted to slow the market's expansion for quartz glass products worldwide. The demand for quartz glass products across the industrial sector has significantly decreased in the first half of 2020 as a result of the government's continued enforcement of strict lockdown requirements aimed at containing the spread of the unique COVID-19 illness. The initial shutdown in China also severely damaged the availability of raw materials needed to make quartz glass, which had an impact on the manufacturing of quartz glass worldwide. Other elements that are anticipated to contribute to the quartz glass market's expansion during the COVID-19 event include trade restrictions and limitations on both domestic and international transportation.
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The quartz glass market is a dynamic and competitive industry with significant growth potential. The key players in the market are focused on delivering high-quality products, investing in research and development, and expanding their global reach to meet the evolving needs of diverse industries. Quartz glass is a highly specialized material renowned for its exceptional properties like high purity, transparency, thermal stability, and resistance to extreme temperatures. These properties make it indispensable in various industries, including electronics, optics, healthcare, and industrial manufacturing.
In November 2022, Momentive Technologies, a global provider of advanced materials, headquartered in Strongsville, USA, announced it has completed the acquisition of CoorsTek’s crucibles business. This acquisition enables Momentive Technologies to provide semiconductor wafer and fabrication customers with a full range of crucible sizes to meet their advanced materials needs. (Source: https://www.momentivetech.com/news/market-leadership/momentive-technologies-completes-acquisition-of-coorsteks-crucibles-business/)
Top Companies Market Share in Quartz Glass Product Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the Quartz Glass Product market, and the region is expected to have significant growth during the projected period. The semiconductor industry, particularly in the United States, is driving demand for quartz glass with ultra-high purity levels. Moreover, developments in laser technologies, imaging systems, and optical communications are creating new opportunities for quartz glass applications in North America.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The regional expansion of the market is attributable to the growing semiconductor industry and increasing demand for consumer electronics. Furthermore, the rising focus of the government on the solar energy sector is another significant factor propelling the market growth over the projected period.
The current report Scope analyzes Quartz Glass Product Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global Quartz Glass Product market size was estimated at USD 1425.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 570.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
According to Cognitive Market Research, the global Quartz Glass Product market size was estimated at USD 1425.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 427.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
According to Cognitive Market Research, the global Quartz Glass Product market size was estimated at USD 1425.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 327.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
According to Cognitive Market Research, the global Quartz Glass Product market size was estimated at USD 1425.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 71.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Global Quartz Glass Product Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Quartz Glass Product Industry growth. Quartz Glass Product market has been segmented with the help of its Type Outlook:, Application Outlook: , and others. Quartz Glass Product market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Quartz Glass Product Market?
According to Cognitive Market Research, High Purity Quartz Glass Products is likely to dominate the Quartz Glass Product Market over the forecast period. A unique material known for its remarkable qualities, such as excellent transparency, thermal stability, and durability to extreme temperatures, is high-purity quartz glass. It is extensively employed in a variety of sectors, including industrial manufacturing, electronics, optics, and healthcare.
Ordinary Quartz Glass Product is the fastest-growing segment in the Quartz Glass Product Market. There are higher purity standards for high-purity quartz glass, but they are not applied to ordinary quartz glass. Even though it still has many of the great qualities of quartz glass, such as transparency, thermal stability, and chemical resistance, it could have small contaminants in it that don't impair how well it works in some situations.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Quartz Glass Product Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the Photovoltaic Industry segment holds the largest share of the market. Quartz glass products are being used more and more in the rapidly expanding photovoltaic (PV) industry. High transparency, thermal stability, and UV radiation resistance are just a few of the benefits quartz glass provides in PV applications. It is the perfect material for solar cells, modules, and other components because of these qualities. Solar panels, which are manufactured utilizing components composed of quartz glass, are in high demand due to the global trend towards renewable energy sources.
In the Quartz Glass Product Market, the Semiconductor Industry has been expanding at a rapid pace. The expansion of electronic gadgets, including computers, cellphones, and Internet of Things devices, is driving up the need for semiconductors globally. Furthermore, as chip technology advances, the semiconductor sector is always changing, which fuels the need for specialist quartz glass products.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Quartz Glass Product market report 2024 Edition by contacting our team.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Disclaimer:
Type Outlook: | High Purity Quartz Glass Product, Ordinary Quartz Glass Product |
Application Outlook: | Photovoltaic Industry, Semiconductor Industry, Communications Industry, Lamp & Lighting Industry, Optics, Microelectronics |
List of Competitors | Heraeus, Tosoh, Momentive, QSIL, MARUWA, Shin-Etsu Chemical, Raesch, Saint-Gobain, Feilihua, JNC QUARTZ, Jiangsu Pacific Quartz, Lianyungang Guolun, Quick Gem Optoelectronic, Yuandong Quartz, Dongxin Quartz, Fudong Lighting, Kinglass, Ruipu Quartz |
This chapter will help you gain GLOBAL Market Analysis of Quartz Glass Product. Further deep in this chapter, you will be able to review Global Quartz Glass Product Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Quartz Glass Product Market Trends North America Quartz Glass Product Technological Road Map North America Quartz Glass Product Market Drivers North America Quartz Glass Product Market Restraints North America Quartz Glass Product Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Outlook: Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Quartz Glass Product market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why High Purity Quartz Glass Product have a significant impact on Quartz Glass Product market? |
What are the key factors affecting the High Purity Quartz Glass Product and Ordinary Quartz Glass Product of Quartz Glass Product Market? |
What is the CAGR/Growth Rate of Photovoltaic Industry during the forecast period? |
By type, which segment accounted for largest share of the global Quartz Glass Product Market? |
Which region is expected to dominate the global Quartz Glass Product Market within the forecast period? |
Segmentation Level Customization |
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Additional Data Analysis |
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