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Copper Foil Market Size, Share & Trends Analysis Report by Product (Electrodeposited, Rolled), Application (Circuit Boards, Batteries, Solar & Alternative Energy, Medical), and Region with Growth Forecasts, 2025-2030

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  • 100 Pages
  • May 2025
  • Region: Global
  • Grand View Research
  • ID: 5943906
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Description Jump to:
The Copper Foil Market was valued at USD 11.21 billion in 2024, and is projected to reach USD 21.99 billion by 2030, rising at a CAGR of 13.00%. Increasing adoption of renewable energy sources and electric vehicles (EVs), as a part of decarbonization efforts, is projected to fuel the growth of global market for copper foil.

Copper foil functions as the electrical conductor of the printed circuit board (PCB). Rising demand for PCBs, due to the application of copper foil, is playing a crucial role in influencing demand for copper foil. PCBs are essential building blocks in electronics manufacturing. As electronic devices become more complex and intelligent, there is an ever-growing demand for PCBs. As a result, rising demand for smart devices is likely to propel the growth of the industry.

Use of copper results in reduced carbon emissions and cuts down the amount of energy required to generate electricity. There are six times more copper in renewable energy systems than in traditional systems. Hence, growing adoption and transition towards green energy in infrastructure development, such as electric vehicles (EVs) and electricity generation is anticipated to benefit market growth. In March 2025, 1.7 million electric vehicles (EVs) were sold worldwide, contributing to a total of 4.1 million EVs sold in the first quarter of the year. This represented a 29% increase in sales compared to March 2024 and a 40% rise compared to February 2025.

Copper is a commodity that has historically witnessed high price volatility during the historic period of 2018-2022. Fluctuations in the prices of copper cathode are expected to have a bearing on the profitability of the producer. Further, hikes in energy prices, supply constraints, and high demand from end-use industries are expected to put pricing pressure on the global market and affect smelter profitability and revenue performance of foil producers over the forecast period. Hence, price volatility of copper is expected to be a significant restraint on the revenue performance of the market.

The market is very competitive, with a strong presence of several large-sized players, such as Nippon Denkai, Ltd., SKC, and Lotte Energy Materials Corporation. Due to growth of end-use applications, players have been investing in increasing their capacities through greenfield projects. For instance, In February 2025, Lotte Energy Materials announced that it would focus on high-value products, including copper foils for AI accelerators.

Copper Foil Market Report Highlights

  • Rolled copper foil dominated the product segment with over 55% share in 2024 owing to its high consumption in batteries, solar panels, and IoT-enabled services, among others.
  • Based on application, the batteries segment is expected to grow at a lucrative pace over the forecast period, owing to the growing EV industry.
  • In solar & alternative energy, tin-plated copper foils in combination with acrylic-based pressure-sensitive adhesive tapes are used in thin-film solar applications. These are solderable, and their usage provides stable electrical performance. They are also easy to work with during the solar panel production process.
  • Asia-Pacific dominated the market owing to several countries in the region focusing on reducing their carbon emissions by shifting their attention toward the adoption of renewable energy. For instance, according to the International Trade Administration, Taiwan plans to cater to 20% of its energy requirements from renewable sources by 2025. It is expected to harness 20 GW of solar energy by 2025.
  • In January 2024, Hungary-based Volta Energy Solutions announced its geographic expansion into the North American market by building a new battery copper foils plant in Quebec, Canada, to cater to a fast-growing EV segment. It is a developer of the world's first electrodeposited copper foils for batteries

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

Why Should You Buy This Report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Copper Foil Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.3. Regulatory Framework
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Industry Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.5.2. Macro-environmental Analysis
Chapter 4. Copper Foil Market: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Copper Foil Market: Product Movement Analysis & Market Share, 2024 & 2030
4.3. Electrodeposited
4.3.1. Electrodeposited Market Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
4.4. Rolled
4.4.1. Rolled Market Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Chapter 5. Copper Foil Market: Application Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Copper Foil Market: Application Movement Analysis & Market Share, 2024 & 2030
5.3. Circuit Boards
5.3.1. Circuit Boards Market Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
5.4. Batteries
5.4.1. Batteries Market Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
5.5. Solar & Alternative Energy
5.5.1. Solar & Alternative Energy Market Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
5.6. Electrical Appliances
5.6.1. Electrical Appliances Market Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
5.7. Medical
5.7.1. Medical Market Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
5.8. Other
5.8.1. Other Revenue Estimates and Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Chapter 6. Copper Foil Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2024 & 2030
6.2. North America
6.2.1. North America Chemical Market Estimates & Forecast, 2018-2030 (Kilo Tons) (USD Million)
6.2.2. U.S.
6.2.2.1. Key country dynamics
6.2.2.2. U.S. Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.2.3. Canada
6.2.3.1. Key country dynamics
6.2.3.2. Canada Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.2.4. Mexico
6.2.4.1. Key country dynamics
6.2.4.2. Mexico Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.3. Europe
6.3.1. Europe Chemical Market Estimates & Forecast, 2018-2030 (Kilo Tons) (USD Million)
6.3.2. Germany
6.3.2.1. Key country dynamics
6.3.2.2. Germany Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.3.3. UK
6.3.3.1. Key country dynamics
6.3.3.2. UK Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.3.4. France
6.3.4.1. Key country dynamics
6.3.4.2. France Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.3.5. Russia
6.3.5.1. Key country dynamics
6.3.5.2. Russia Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Chemical Market Estimates & Forecast, 2018-2030 (Kilo Tons) (USD Million)
6.4.2. China
6.4.2.1. Key country dynamics
6.4.2.2. China Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.4.3. Japan
6.4.3.1. Key country dynamics
6.4.3.2. Japan Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.4.4. India
6.4.4.1. Key country dynamics
6.4.4.2. India Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.4.5. South Korea
6.4.5.1. Key country dynamics
6.4.5.2. South Korea Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.4.6. Taiwan
6.4.6.1. Key country dynamics
6.4.6.2. Taiwan Copper Foil market estimates & forecast, 2018-2030 (Kilo Tons) (USD Million)
6.5. Central & South America
6.5.1. Central & South America Chemical Market Estimates & Forecast, 2018-2030 (Kilo Tons) (USD Million)
6.6. Middle East & Africa
6.6.1. Middles East & Africa Chemical Market Estimates & Forecast, 2018-2030 (Kilo Tons) (USD Million)
Chapter 7. Copper Foil Market - Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map
7.4. Position Analysis, 2024
7.5. Strategy Mapping
7.5.1. Expansion
7.5.2. Mergers & Acquisition
7.5.3. Partnerships & Collaborations
7.5.4. New Product Launches
7.5.5. Research And Development
7.6. Company Profiles
7.6.1. Chang Chun Group
7.6.1.1. Participant’s overview
7.6.1.2. Financial performance
7.6.1.3. Product benchmarking
7.6.1.4. Recent developments
7.6.2. Circuit Foils
7.6.2.1. Participant’s overview
7.6.2.2. Financial performance
7.6.2.3. Product benchmarking
7.6.2.4. Recent developments
7.6.3. Doosan Corporation Electro-Materials
7.6.3.1. Participant’s overview
7.6.3.2. Financial performance
7.6.3.3. Product benchmarking
7.6.3.4. Recent developments
7.6.4. Furukawa Electric Co., Ltd.
7.6.4.1. Participant’s overview
7.6.4.2. Financial performance
7.6.4.3. Product benchmarking
7.6.4.4. Recent developments
7.6.5. Lingbao
7.6.5.1. Participant’s overview
7.6.5.2. Financial performance
7.6.5.3. Product benchmarking
7.6.5.4. Recent developments
7.6.6. Lotte Energy Materials
7.6.6.1. Participant’s overview
7.6.6.2. Financial performance
7.6.6.3. Product benchmarking
7.6.6.4. Recent developments
7.6.7. LS Mtron Ltd.
7.6.7.1. Participant’s overview
7.6.7.2. Financial performance
7.6.7.3. Product benchmarking
7.6.7.4. Recent developments
7.6.8. Nippon Denkai, Ltd.
7.6.8.1. Participant’s overview
7.6.8.2. Financial performance
7.6.8.3. Product benchmarking
7.6.8.4. Recent developments
7.6.9. SKC
7.6.9.1. Participant’s overview
7.6.9.2. Financial performance
7.6.9.3. Product benchmarking
7.6.9.4. Recent developments
7.6.10. UACJ Foil Corporation
7.6.10.1. Participant’s overview
7.6.10.2. Financial performance
7.6.10.3. Product benchmarking
7.6.10.4. Recent developments
List of Tables
Table 1 List of abbreviation
Table 2 Copper foil market 2018-2030 (Kilo Tons) (USD Million)
Table 3 Global market estimates and forecasts by product, 2018-2030 (USD Million)
Table 4 Global market estimates and forecasts by product, 2018-2030 (Kilo Tons)
Table 5 Global market estimates and forecasts by application, 2018-2030 (USD Million)
Table 6 Global market estimates and forecasts by application, 2018-2030 (Kilo Tons)
Table 7 Global market estimates and forecasts by region, 2018-2030 (USD Million)
Table 8 Global market estimates and forecasts by region, 2018-2030 (Kilo Tons)
Table 9 North America Copper foil market by product, 2018-2030 (USD Million)
Table 10 North America Copper foil market by product, 2018-2030 (Kilo Tons)
Table 11 North America Copper foil market by application, 2018-2030 (USD Million)
Table 12 North America Copper foil market by application, 2018-2030 (Kilo Tons)
Table 13 U.S. Copper Foil market by product, 2018-2030 (USD Million)
Table 14 U.S. Copper Foil market by product, 2018-2030 (Kilo Tons)
Table 15 U.S. Copper Foil market by application, 2018-2030 (USD Million)
Table 16 U.S. Copper Foil market by application, 2018-2030 (Kilo Tons)
Table 17 Canada Copper Foil market by product, 2018-2030 (USD Million)
Table 18 Canada Copper Foil market by product, 2018-2030 (Kilo Tons)
Table 19 Canada Copper Foil market by application, 2018-2030 (USD Million)
Table 20 Canada Copper Foil market by application, 2018-2030 (Kilo Tons)
Table 21 Mexico Copper Foil market by product, 2018-2030 (USD Million)
Table 22 Mexico Copper Foil market by product, 2018-2030 (Kilo Tons)
Table 23 Mexico Copper Foil market by application, 2018-2030 (USD Million)
Table 24 Mexico Copper Foil market by application, 2018-2030 (Kilo Tons)
Table 25 Europe copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 26 Europe copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 27 Europe copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 28 Europe copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 29 Germany copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 30 Germany copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 31 Germany copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 32 Germany copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 33 UK copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 34 UK copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 35 UK copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 36 UK copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 37 France copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 38 France copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 39 France copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 40 France copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 41 Russia copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 42 Russia copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 43 Russia copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 44 Russia copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 45 Asia Pacific copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 46 Asia Pacific copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 47 Asia Pacific copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 48 Asia Pacific copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 49 China copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 50 China copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 51 China copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 52 China copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 53 India copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 54 India copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 55 India copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 56 India copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 57 Japan copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 58 Japan copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 59 Japan copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 60 Japan copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 61 South Korea copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 62 South Korea copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 63 South Korea copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 64 South Korea copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 65 Taiwan copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 66 Taiwan copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 67 Taiwan copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 68 Taiwan copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 69 Central & South America copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 70 Central & South America copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 71 Central & South America copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 72 Central & South America copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 73 Brazil copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 74 Brazil copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 75 Brazil copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 76 Brazil copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
Table 77 Middle East & Africa copper foil market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 78 Middle East & Africa copper foil market estimates and forecasts, by product, 2018-2030 (Kilotons)
Table 79 Middle East & Africa copper foil market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 80 Middle East & Africa copper foil market estimates and forecasts, by application, 2018-2030 (Kilotons)
List of Figures
Figure 1 Market Research Process
Figure 2 Data Triangulation Techniques
Figure 3 Primary Research Pattern
Figure 4 Market Research Approaches
Figure 5 QFD Modeling for Market Share Assessment
Figure 6 Information Procurement
Figure 7 Market Formulation and Validation
Figure 8 Data Validating & Publishing
Figure 9 Market Segmentation & Scope
Figure 10 Copper Foil Market Snapshot
Figure 11 Segment Snapshot (1/2)
Figure 12 Segment Snapshot (1/2)
Figure 13 Competitive Landscape Snapshot
Figure 14 Parent market outlook
Figure 15 Copper Foil Market Value, 2024 (USD Million)
Figure 16 Copper Foil Market - Value Chain Analysis
Figure 17 Copper Foil Market - Market Dynamics
Figure 18 Copper Foil Market - PORTER’s Analysis
Figure 19 Copper Foil Market - PESTEL Analysis
Figure 20 Copper Foil Market Estimates & Forecasts, By Product: Key Takeaways
Figure 21 Copper Foil Market Share, By Product, 2024 & 2030
Figure 22 Electrodeposited Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 23 Rolled Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 24 Copper Foil Market Estimates & Forecasts, By Application: Key Takeaways
Figure 25 Copper Foil Market Share, By Application, 2024 & 2030
Figure 26 Copper Foil Market Estimates & Forecasts, in Circuit Boards, 2018-2030 (Kilo Tons) (USD Million)
Figure 27 Circuit Boards Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 28 Batteries Market Estimates & Forecasts, in Farming, 2018-2030 (Kilo Tons) (USD Million)
Figure 29 Solar & Alternative Energy Market Estimates & Forecasts, in Others, 2018-2030 (Kilo Tons) (USD Million)
Figure 30 Medical Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 31 Other Market Estimates & Forecasts, 2018-2030 (Kilotons) (USD Million)
Figure 32 Copper Foil Market Revenue, By Region, 2024 & 2030 (USD Million)
Figure 33 North America Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 34 U.S. Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 35 Canada Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 36 Mexico Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 37 Europe Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 38 Germany Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 39 UK Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 40 France Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 41 Russia Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 42 Asia Pacific Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 43 China Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 44 India Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 45 Japan Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 46 South Korea Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 47 Taiwan Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 48 Central & South America Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 49 Central & South America Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 50 Middle East & Africa Copper Foil Market Estimates & Forecasts, 2018-2030 (Kilo Tons) (USD Million)
Figure 51 Key Company Categorization
Figure 52 Company Market Positioning
Figure 53 Strategy Mapping

Companies Mentioned

The major companies featured in this Copper Foil market report include:
  • Chang Chun Group
  • Circuit Foils
  • Doosan Corporation Electro-Materials
  • Furukawa Electric Co., Ltd.
  • Lingbao
  • Lotte Energy Materials
  • LS Mtron Ltd.
  • Nippon Denkai, Ltd.
  • SKC
  • UACJ Foil Corporation

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