Press release
Automotive Lubricants Market Poised to Hit USD 106.87 billion by 2034, Expanding at a 3.4% CAGR
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:
The automotive lubricants market size was valued at USD 76.69 billion in 2024. It is projected to grow to USD 106.87 billion by 2034, exhibiting a compound annual growth rate of 3.4% from 2025 to 2034.
𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:
Automotive lubricants set out several functions important for the seamless operation of the engine and its constituents. Automotive lubricants decrease friction and wear, heat creation, safeguard against aversion and rust, convey power, prohibit leakage, and disperse heat. The principal stimulus for utilizing vehicle lubricants is to reduce friction and wear safeguarding amidst constituents.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/automotive-lubricants-market/request-for-sample
𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:
• Several reasons have contributed to the expansion of the automotive lubricants market in recent years. Among these are their multiple functions in cooling, cleaning, and safeguarding engine constituents from wear and abrasion. There is also a surge in the demand for elevated presentation and weightless vehicles, driving the market growth.
• The market size will expand due to the growing approval of green lubricants. Automotive manufacturers and service donors are acquiring green lubricants to encounter green certifications and improve their commodity attraction.
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
Prominent market contenders are funding massively in research and development so as to augment their offerings which will assist the market to grow even more. Here is the list of the leading companies operating in the automotive lubricants market:
• Sasol
• Indian Oil Corporation Ltd
• HP Lubricants
• Philipps 66
• Fuchs
• Cepsa
• BP p.l.c.
• Exxon Mobil
• CASTROL LIMITED
• Shell
• Repsol
• TotalEnergies
• LUKOIL
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/automotive-lubricants-market/inquire-before-buying
𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:
• Based on product, the brake fluid segment is expected to grow at a robust pace in the coming years, owing to the increasing focus on safety and the rise in advanced braking systems such as ABS and EBD in vehicles.
• Based on vehicle type, the internal combustion engine segment dominated the automotive lubricants market share in 2024, owing to the rising adoption of ICE vehicles in global transportation.
• Asia Pacific accounted for the largest market share in 2024 due to the rapid expansion of the automotive sector in countries such as China, India, and Japan.
• The North America automotive lubricants market is expected to witness a significant CAGR during the forecast period due to technological advancements and the rising adoption of hybrid and electric vehicles.
𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
Automotive Lubricants Market, Regional Outlook (Revenue - USD Billion, 2020-2034)
🔹 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚
➽ Product Outlook
◘ Engine Oil
◘ Gear Oil
◘ Transmission Fluids
◘ Brake Fluids
◘ Coolants
◘ Greases
➽ Industrial Application Outlook
◘ Internal Combustion Engine
◘ Electric Vehicles
🔹 𝐄𝐮𝐫𝐨𝐩𝐞
➽ Product Outlook
◘ Engine Oil
◘ Gear Oil
◘ Transmission Fluids
◘ Brake Fluids
◘ Coolants
◘ Greases
➽ Industrial Application Outlook
◘ Internal Combustion Engine
◘ Electric Vehicles
𝐓𝐎𝐂:
𝟏. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭
1.1. Key Findings
1.2. Introduction
1.2.1. Global Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
1.3. Engine Oil
1.3.1. Global Automotive Lubricants Market, by Engine Oil, by Region, 2020-2034 (USD Billion)
1.4. Gear Oil
1.4.1. Global Automotive Lubricants Market, by Gear Oil, by Region, 2020-2034 (USD Billion)
1.5. Transmission Fluids
1.5.1. Global Automotive Lubricants Market, by Transmission Fluids, by Region, 2020-2034 (USD Billion)
1.6. Brake Fluids
1.6.1. Global Automotive Lubricants Market, by Brake Fluids, by Region, 2020-2034 (USD Billion)
1.7. Coolants
1.7.1. Global Automotive Lubricants Market, by Coolants, by Region, 2020-2034 (USD Billion)
1.8. Greases
1.8.1. Global Automotive Lubricants Market, by Greases, by Region, 2020-2034 (USD Billion)
𝟐. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞
2.1. Key Findings
2.2. Introduction
2.2.1. Global Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
2.3. Internal Combustion Engine
2.3.1. Global Automotive Lubricants Market, by Internal Combustion Engine, by Region, 2020-2034 (USD Billion)
2.4. Electric Vehicles
2.4.1. Global Automotive Lubricants Market, by Electric Vehicles, by Region, 2020-2034 (USD Billion)
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/automotive-lubricants-market/analysis-type
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The automotive lubricants market analysis is mainly based on product, vehicle type, and region. Based on product analysis, the engine oil segment witnesses the fastest growth. It plays an important part in sustaining engine performance, decreasing friction, and improving fuel efficacy.
Moreover, according to vehicle type, the internal combustion engine segment holds a significant revenue share. ICE vehicles retain the foremost position in mobility in several regions, especially in surfacing markets such as China and India. These vehicles depend massively on lubricants for productive engine functioning, cooling, and wear curtailment.
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟐𝟎-𝟐𝟎𝟑𝟒)
• Engine Oil
• Gear Oil
• Transmission Fluids
• Brake Fluids
• Coolants
• Greases
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟐𝟎-𝟐𝟎𝟑𝟒)
• Internal Combustion Engine
• Electric Vehicles
𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
Personal Care Products Market:
https://www.polarismarketresearch.com/industry-analysis/personal-care-products-market
Powder Coating Equipment Market:
https://www.polarismarketresearch.com/industry-analysis/global-powder-coating-equipment-market
Wood Plastic Composites Market:
https://www.polarismarketresearch.com/industry-analysis/global-wood-plastic-composites-market
Wood And Laminate Flooring Market:
https://www.polarismarketresearch.com/industry-analysis/global-wood-and-laminate-flooring-market
Polypropylene Market:
https://www.polarismarketresearch.com/industry-analysis/global-polypropylene-market
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
Likhil G
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Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
The automotive lubricants market size was valued at USD 76.69 billion in 2024. It is projected to grow to USD 106.87 billion by 2034, exhibiting a compound annual growth rate of 3.4% from 2025 to 2034.
𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:
Automotive lubricants set out several functions important for the seamless operation of the engine and its constituents. Automotive lubricants decrease friction and wear, heat creation, safeguard against aversion and rust, convey power, prohibit leakage, and disperse heat. The principal stimulus for utilizing vehicle lubricants is to reduce friction and wear safeguarding amidst constituents.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/automotive-lubricants-market/request-for-sample
𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:
• Several reasons have contributed to the expansion of the automotive lubricants market in recent years. Among these are their multiple functions in cooling, cleaning, and safeguarding engine constituents from wear and abrasion. There is also a surge in the demand for elevated presentation and weightless vehicles, driving the market growth.
• The market size will expand due to the growing approval of green lubricants. Automotive manufacturers and service donors are acquiring green lubricants to encounter green certifications and improve their commodity attraction.
𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
Prominent market contenders are funding massively in research and development so as to augment their offerings which will assist the market to grow even more. Here is the list of the leading companies operating in the automotive lubricants market:
• Sasol
• Indian Oil Corporation Ltd
• HP Lubricants
• Philipps 66
• Fuchs
• Cepsa
• BP p.l.c.
• Exxon Mobil
• CASTROL LIMITED
• Shell
• Repsol
• TotalEnergies
• LUKOIL
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/automotive-lubricants-market/inquire-before-buying
𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:
• Based on product, the brake fluid segment is expected to grow at a robust pace in the coming years, owing to the increasing focus on safety and the rise in advanced braking systems such as ABS and EBD in vehicles.
• Based on vehicle type, the internal combustion engine segment dominated the automotive lubricants market share in 2024, owing to the rising adoption of ICE vehicles in global transportation.
• Asia Pacific accounted for the largest market share in 2024 due to the rapid expansion of the automotive sector in countries such as China, India, and Japan.
• The North America automotive lubricants market is expected to witness a significant CAGR during the forecast period due to technological advancements and the rising adoption of hybrid and electric vehicles.
𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
Automotive Lubricants Market, Regional Outlook (Revenue - USD Billion, 2020-2034)
🔹 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚
➽ Product Outlook
◘ Engine Oil
◘ Gear Oil
◘ Transmission Fluids
◘ Brake Fluids
◘ Coolants
◘ Greases
➽ Industrial Application Outlook
◘ Internal Combustion Engine
◘ Electric Vehicles
🔹 𝐄𝐮𝐫𝐨𝐩𝐞
➽ Product Outlook
◘ Engine Oil
◘ Gear Oil
◘ Transmission Fluids
◘ Brake Fluids
◘ Coolants
◘ Greases
➽ Industrial Application Outlook
◘ Internal Combustion Engine
◘ Electric Vehicles
𝐓𝐎𝐂:
𝟏. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭
1.1. Key Findings
1.2. Introduction
1.2.1. Global Automotive Lubricants Market, by Product, 2020-2034 (USD Billion)
1.3. Engine Oil
1.3.1. Global Automotive Lubricants Market, by Engine Oil, by Region, 2020-2034 (USD Billion)
1.4. Gear Oil
1.4.1. Global Automotive Lubricants Market, by Gear Oil, by Region, 2020-2034 (USD Billion)
1.5. Transmission Fluids
1.5.1. Global Automotive Lubricants Market, by Transmission Fluids, by Region, 2020-2034 (USD Billion)
1.6. Brake Fluids
1.6.1. Global Automotive Lubricants Market, by Brake Fluids, by Region, 2020-2034 (USD Billion)
1.7. Coolants
1.7.1. Global Automotive Lubricants Market, by Coolants, by Region, 2020-2034 (USD Billion)
1.8. Greases
1.8.1. Global Automotive Lubricants Market, by Greases, by Region, 2020-2034 (USD Billion)
𝟐. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞
2.1. Key Findings
2.2. Introduction
2.2.1. Global Automotive Lubricants Market, by Vehicle Type, 2020-2034 (USD Billion)
2.3. Internal Combustion Engine
2.3.1. Global Automotive Lubricants Market, by Internal Combustion Engine, by Region, 2020-2034 (USD Billion)
2.4. Electric Vehicles
2.4.1. Global Automotive Lubricants Market, by Electric Vehicles, by Region, 2020-2034 (USD Billion)
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/automotive-lubricants-market/analysis-type
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The automotive lubricants market analysis is mainly based on product, vehicle type, and region. Based on product analysis, the engine oil segment witnesses the fastest growth. It plays an important part in sustaining engine performance, decreasing friction, and improving fuel efficacy.
Moreover, according to vehicle type, the internal combustion engine segment holds a significant revenue share. ICE vehicles retain the foremost position in mobility in several regions, especially in surfacing markets such as China and India. These vehicles depend massively on lubricants for productive engine functioning, cooling, and wear curtailment.
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟐𝟎-𝟐𝟎𝟑𝟒)
• Engine Oil
• Gear Oil
• Transmission Fluids
• Brake Fluids
• Coolants
• Greases
𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐋𝐮𝐛𝐫𝐢𝐜𝐚𝐧𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟐𝟎-𝟐𝟎𝟑𝟒)
• Internal Combustion Engine
• Electric Vehicles
𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
Personal Care Products Market:
https://www.polarismarketresearch.com/industry-analysis/personal-care-products-market
Powder Coating Equipment Market:
https://www.polarismarketresearch.com/industry-analysis/global-powder-coating-equipment-market
Wood Plastic Composites Market:
https://www.polarismarketresearch.com/industry-analysis/global-wood-plastic-composites-market
Wood And Laminate Flooring Market:
https://www.polarismarketresearch.com/industry-analysis/global-wood-and-laminate-flooring-market
Polypropylene Market:
https://www.polarismarketresearch.com/industry-analysis/global-polypropylene-market
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𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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