Asia-Pacific Acrylic Resin Market Outlook, 2031
The Asia Pacific Acrylic Resin Market is segmented into By Property (Thermoplastic Acrylic Resins, Thermosetting Acrylic Resins); By Application (Paints & Coatings, Adhesives & Sealants, Printing Inks, Plastics, Textiles, Paper & Paperboard Coatings, Construction Materials, Others); By Solvency (Water-based Acrylic Resins, Solvent-based Acrylic Resins, Other Solvency); By Chemistry (Methacrylates, Acrylates, Hybrids); By End-use Industry (Building & Construction, Automotive & Transportation, Industrial Manufacturing, Packaging, Other End-use Industries).
- Bonafide Research
- 21-07-2026
- Pages : 92
- Figures : 8
- Tables : 25
- Region : Asia-Pacific
- Category : Chemical & Material
- Chemical
The Asia-Pacific Acrylic Resin Market is anticipated to grow at more than 7.59% CAGR from 2026 to 2031, driven by rapid industrialization and infrastructure growth.
- Historical Period2020-2024
- Base Year2025
- Forecast Period2026-2031
- CAGR (2026-2031) 7.59%
- Largest Market China
- Fastest Market India
- Format
Featured Companies
- 1. Basf SE
- 2. Sumitomo Chemical
- 3. The Lubrizol Corporation
- 4. Arkema S.A.
- 5. Dow
- 6. Covestro
- More...
Acrylic Resin Market Analysis
The Asia-Pacific acrylic resin market is characterized by strong industrial expansion, extensive manufacturing capacity, and increasing demand from construction, automotive, electronics, packaging, coatings, adhesives, and consumer product industries. The region has become a major hub for chemical production and polymer processing due to the presence of large-scale manufacturing facilities, abundant industrial infrastructure, and rapidly developing downstream industries. Countries such as China, Japan, India, South Korea, and Southeast Asian economies contribute significantly to acrylic resin consumption through applications including architectural coatings, automotive finishes, plastic components, printing inks, waterproofing materials, and specialty industrial products. Acrylic resins are widely preferred because of their excellent weather resistance, adhesion, optical clarity, durability, and compatibility with different processing technologies. Regulatory frameworks across Asia-Pacific are increasingly influencing the development of acrylic resin technologies, particularly regarding environmental protection, chemical safety, and emission reduction. China has strengthened chemical management through regulations such as the New Chemical Substance Environmental Management framework, which requires evaluation and registration of new chemical substances before commercial use. Japan follows strict chemical control requirements under laws such as the Chemical Substances Control Law, promoting safe production and handling of industrial chemicals. South Korea regulates chemical materials through the Act on Registration and Evaluation of Chemical Substances (K-REACH), encouraging manufacturers to improve chemical transparency and safety management. India has also increased focus on sustainable chemical manufacturing, environmental protection standards, and industrial safety practices. According to the research report, "Asia-Pacific Acrylic Resin Market Outlook, 2031," published by Bonafide Research, the Asia-Pacific Acrylic Resin Market is anticipated to grow at more than 7.59% CAGR from 2026 to 2031.The regional acrylic resin supply chain is supported by essential raw materials including acrylic acid, methacrylic acid, methyl methacrylate (MMA), butyl acrylate, ethyl acrylate, and other acrylic monomers. Asia-Pacific has a strong raw material production base, particularly in China, Japan, South Korea, and Southeast Asia, where large chemical manufacturers operate integrated petrochemical and specialty chemical facilities. The availability of regional feedstock suppliers provides advantages for acrylic resin production, although manufacturers continue to manage challenges related to energy costs, crude oil price fluctuations, logistics disruptions, and global chemical supply conditions. The region maintains extensive import and export activities for acrylic monomers, specialty polymers, and finished resin products. China serves as a major manufacturing and export center, supplying acrylic resin materials and related chemical products to various international markets, while countries such as Japan and South Korea contribute advanced specialty resin technologies and high-performance materials. Strategic collaborations and business expansions among chemical companies have played an important role in strengthening regional acrylic resin capabilities. Mitsubishi Chemical Group has developed advanced acrylic materials and polymer technologies for applications including automotive, electronics, coatings, and specialty products. LG Chem has expanded its advanced material capabilities, supporting high-performance polymer solutions used in industrial and consumer applications.
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Download SampleMarket Dynamics
Market Drivers
• Industrial Growth: The rapid expansion of construction, automotive, electronics, packaging, and industrial manufacturing sectors is a major driver for the Asia-Pacific acrylic resin market. Acrylic resins are extensively used in coatings, adhesives, sealants, printing inks, and specialty applications due to their excellent durability, transparency, adhesion, weather resistance, and surface finish properties. Increasing urbanization, infrastructure development, residential construction, and industrial expansion are creating strong demand for architectural and protective coatings based on acrylic resin technologies. The automotive manufacturing sector is also contributing significantly to market growth through increased adoption of acrylic-based coatings for vehicle exteriors, plastic components, and refinishing applications.• Manufacturing Expansion: The strong presence of chemical manufacturing and polymer production capabilities is supporting the growth of the acrylic resin market. The region has developed a broad industrial ecosystem with significant production capacity for acrylic monomers, polymers, and specialty chemicals, enabling efficient supply of raw materials for resin manufacturing. Increasing investments in chemical infrastructure, specialty polymers, and advanced material technologies are encouraging manufacturers to expand their acrylic resin portfolios. The rising demand for cost-effective, high-performance coating solutions is driving companies to develop innovative acrylic formulations, including waterborne emulsions, UV-curable resins, and hybrid polymer systems.
Market Challenges
• Raw Material Volatility: Fluctuations in the prices and availability of key raw materials remain a significant challenge for the Asia-Pacific acrylic resin market. Acrylic resin production depends heavily on acrylic monomers such as methyl methacrylate (MMA), butyl acrylate, and other petrochemical-derived feedstocks, making manufacturers vulnerable to changes in crude oil prices, energy costs, and supply-demand imbalances. Disruptions in chemical supply chains, transportation limitations, and changes in production capacity can affect raw material availability and increase manufacturing costs. These challenges can create pricing pressure for resin producers and downstream coating manufacturers.• Environmental Compliance: Increasing environmental regulations and sustainability requirements are creating challenges for acrylic resin manufacturers across the region. Governments and industries are placing greater emphasis on reducing VOC emissions, improving chemical safety, and adopting environmentally responsible manufacturing practices. Compliance with evolving environmental standards requires companies to invest in cleaner production technologies, advanced formulations, and improved waste management systems. The transition from solvent-based acrylic systems to waterborne and low-emission alternatives can require significant research and development investment.
Market Trends
• Eco-Friendly Resins:The increasing adoption of environmentally friendly acrylic resin technologies is a major trend influencing the Asia-Pacific market. Growing awareness of sustainability and stricter environmental requirements are accelerating demand for waterborne acrylic emulsions, low-VOC coatings, and bio-based resin alternatives. These materials are gaining popularity across architectural coatings, industrial finishes, adhesives, and decorative applications due to their reduced environmental impact and strong performance characteristics. Manufacturers are investing in research and development to create acrylic resin systems with improved durability, faster curing, lower emissions, and better compatibility with sustainable manufacturing processes.• Advanced Applications:The development of specialty acrylic resins for advanced applications is becoming an important trend in the market. Growing demand from industries such as automotive, electronics, healthcare, renewable energy, and high-performance manufacturing is encouraging manufacturers to develop customized acrylic formulations with enhanced properties. These specialty resins offer improved thermal stability, chemical resistance, flexibility, optical clarity, and adhesion performance for demanding applications. UV-curable acrylic resins are gaining traction due to their rapid curing speed, energy efficiency, and suitability for automated production processes.
Acrylic Resin Segmentation
| By Property | Thermoplastic Acrylic Resins | |
| Thermosetting Acrylic Resins | ||
| By Application | Paints & Coatings | |
| Adhesives & Sealants | ||
| Printing Inks | ||
| Plastics | ||
| Textiles | ||
| Paper & Paperboard Coatings | ||
| Construction Materials | ||
| Others | ||
| By Solvency | Water-based Acrylic Resins | |
| Solvent-based Acrylic Resins | ||
| Other Solvency | ||
| By Chemistry | Methacrylates | |
| Acrylates | ||
| Hybrids | ||
| By End-use Industry | Building & Construction | |
| Automotive & Transportation | ||
| Industrial Manufacturing | ||
| Packaging | ||
| Other End-use Industries | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
Thermoplastic acrylic resins are leading the Asia-Pacific acrylic resin market by property due to their widespread adoption in high-volume applications such as coatings, plastics and consumer products where flexibility, durability, and efficient processing are highly valued. Thermoplastic acrylic resins maintain a leading position in the Asia-Pacific acrylic resin market because of their broad application range, ease of processing, and ability to deliver reliable performance across diverse industries. These resins are widely preferred by manufacturers due to their excellent transparency, surface appearance, impact resistance, weather durability, and compatibility with various processing methods. Unlike materials that require complex curing processes, thermoplastic acrylic resins can be repeatedly softened and reshaped through heating, allowing efficient manufacturing of different product forms while supporting design flexibility and production efficiency. The plastics and consumer goods industries are major contributors to the strong adoption of thermoplastic acrylic resins. These materials are extensively used in transparent sheets, display panels, lighting components, household products, electronic accessories, and specialty plastic parts because they provide excellent optical clarity and an attractive surface finish. Their lightweight nature and resistance to environmental exposure make them suitable for products requiring both aesthetic appeal and long service life. The expansion of electronics manufacturing, consumer product production, and advanced plastic processing activities has further increased the utilization of acrylic-based thermoplastic materials. The automotive sector also plays an important role in supporting demand for thermoplastic acrylic resins. Vehicle manufacturers and component suppliers use these materials in applications such as lighting covers, interior components, instrument panels, decorative parts, and protective elements. Construction materials are the fastest-growing application segment in the Asia-Pacific acrylic resin market due to increasing utilization of acrylic-based waterproofing systems, protective coatings, sealants, flooring solutions, and advanced building materials that improve durability and performance of modern infrastructure. The rapid adoption of acrylic resins in construction materials is driven by the growing requirement for durable, weather-resistant, and high-performance building solutions across residential, commercial, and industrial projects. Acrylic resins are increasingly incorporated into construction products because of their excellent adhesion, flexibility, water resistance, UV stability, and ability to maintain performance under challenging environmental conditions. These characteristics make acrylic-based materials highly suitable for applications where long-term protection, surface quality, and structural reliability are essential. From protective coatings and waterproofing systems to sealants and flooring solutions, acrylic resin technologies are becoming an important component of modern construction practices. Acrylic resin-based waterproofing materials are widely used in buildings, bridges, tunnels, and infrastructure projects because they provide effective protection against moisture penetration and surface deterioration. Their flexibility allows coatings and membranes to expand and contract with temperature changes, reducing the risk of cracking and improving the service life of structures. This advantage is particularly important in regions experiencing heavy rainfall, high humidity, and significant temperature variations, where conventional materials may face performance challenges. The construction industry also utilizes acrylic resins in exterior wall coatings, roof coatings, concrete modifiers, adhesives, and protective finishes due to their ability to enhance durability and appearance. Acrylic-based coatings provide resistance against sunlight exposure, weathering, and environmental pollutants, helping maintain the visual quality and protective function of buildings over extended periods. Water-based acrylic resins are leading the Asia-Pacific acrylic resin market by solvency due to their extensive use in coatings, adhesives, printing inks, and construction applications where low-emission characteristics, environmental compliance, and reliable performance are increasingly important. Water-based acrylic resins have become the preferred choice across Asia-Pacific due to their ability to provide strong performance while supporting the transition toward more environmentally responsible material solutions. These resin systems use water as the primary carrier instead of large amounts of organic solvents, making them suitable for industries seeking reduced volatile organic compound emissions, improved workplace conditions, and compliance with evolving environmental standards. Their combination of durability, versatility, and application flexibility has encouraged widespread adoption across architectural coatings, industrial finishes, adhesives, printing inks, and construction materials. The coatings industry is one of the major areas driving demand for water-based acrylic resins. These materials are extensively used in decorative paints, exterior coatings, protective finishes, and industrial coating systems because they provide excellent adhesion, weather resistance, color retention, and surface appearance. In building applications, water-based acrylic coatings are preferred for walls, ceilings, and exterior surfaces due to their ability to withstand moisture, sunlight exposure, and changing environmental conditions. Their low odor characteristics and ease of application also make them suitable for residential and commercial environments. The growing focus on sustainable manufacturing practices has further strengthened the adoption of water-based acrylic technologies. Manufacturers across different industries are increasingly developing products that reduce environmental impact while maintaining functional performance. Water-based acrylic resins support this objective by offering lower emissions compared with many traditional solvent-based alternatives without compromising durability or coating quality. Hybrids are the fastest-growing chemistry segment in the Asia-Pacific refinery catalyst market because they combine multiple catalytic functionalities that enable refineries to process diverse crude feedstocks while improving efficiency, catalyst life, and product quality. Hybrid catalyst chemistry is experiencing the fastest growth in the Asia-Pacific refinery catalyst market because refineries across the region are increasingly handling a broader mix of crude oils while upgrading their processing capabilities to produce cleaner fuels and higher-value petrochemical feedstocks. Unlike conventional catalyst chemistries that are designed to optimize a single reaction pathway, hybrid catalysts integrate multiple active components into one formulation, allowing them to perform several catalytic functions simultaneously. This capability is particularly valuable in Asia-Pacific, where countries such as China, India, South Korea, Japan, and several Southeast Asian nations operate highly integrated refining complexes that process feedstocks with varying sulfur content, density, and impurity levels. Refinery operators require catalyst systems that can maintain high activity across changing operating conditions without compromising conversion efficiency or product consistency. Hybrid catalysts provide this flexibility by combining the advantages of different catalytic materials, enabling better control of cracking, hydrogenation, desulfurization, and other refining reactions within complex processing units. The expansion of residue upgrading projects and heavier crude processing throughout the region has further increased demand for catalyst formulations capable of resisting metal contamination, coke deposition, and thermal degradation over extended operating cycles. Industrial manufacturing is the fastest-growing end-use industry in the Asia-Pacific refinery catalyst market because rapid expansion of refining, petrochemical, and downstream manufacturing facilities is driving continuous demand for advanced catalysts that improve process efficiency and product quality. Industrial manufacturing has become the fastest-growing end-use industry in the Asia-Pacific refinery catalyst market because the region continues to experience extensive industrial expansion supported by large-scale investments in refining, petrochemicals, specialty chemicals, and integrated manufacturing complexes. Countries including China, India, South Korea, Japan, Singapore, Malaysia, Thailand, and Indonesia have significantly strengthened their refining capabilities to support growing domestic consumption as well as export-oriented production of fuels and petrochemical intermediates. Modern industrial facilities increasingly process a wide variety of crude oils, including heavier and higher-sulfur feedstocks, creating a need for advanced refinery catalysts capable of maintaining high conversion efficiency, operational stability, and consistent product quality under demanding process conditions. Industrial manufacturers rely on catalysts in critical refinery operations such as fluid catalytic cracking, hydrocracking, hydrotreating, catalytic reforming, and residue upgrading, where catalyst performance directly affects fuel yield, impurity removal, energy efficiency, and equipment reliability. Across Asia-Pacific, governments have implemented stricter fuel quality regulations requiring lower sulfur transportation fuels and cleaner industrial emissions, encouraging refiners to adopt more sophisticated catalyst technologies that can achieve deeper desulfurization and improved reaction selectivity. At the same time, the rapid growth of integrated refinery-petrochemical complexes has increased the requirement for multifunctional catalyst systems capable of supporting interconnected production processes with minimal operational disruption.
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Acrylic Resin Market Regional Insights
China is the largest market in the Asia-Pacific acrylic resin industry due to its extensive manufacturing ecosystem, strong demand from construction, automotive, electronics, coatings, plastics, and packaging industries, along with its large-scale chemical production capabilities. China holds a leading position in the Asia-Pacific acrylic resin market because of its highly developed industrial infrastructure, broad downstream manufacturing base, and continuous demand for advanced polymer materials across multiple sectors. The country has one of the world’s largest chemical manufacturing industries, supported by extensive production facilities, raw material availability, and a strong network of resin producers, coating manufacturers, plastics processors, and industrial users. This well-established supply chain enables acrylic resins to be widely utilized in various applications, including paints and coatings, adhesives, plastics, printing inks, construction materials, automotive components, and specialty industrial products. The construction sector is one of the primary contributors to acrylic resin consumption in China. Large-scale residential development, commercial construction, infrastructure improvement, and renovation activities require durable materials that can provide long-term protection and improved surface performance. Acrylic resins are widely incorporated into architectural coatings, waterproofing systems, sealants, flooring materials, and protective finishes because they offer excellent adhesion, weather resistance, flexibility, and resistance to environmental exposure. The demand for high-quality construction materials has encouraged manufacturers to adopt acrylic-based solutions that enhance durability and reduce maintenance requirements for buildings and infrastructure. China’s strong automotive manufacturing industry also plays an important role in supporting acrylic resin demand. The country has a significant vehicle production ecosystem, including automobile manufacturers, component suppliers, and coating producers.
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Companies Mentioned
- Basf SE
- Sumitomo Chemical
- The Lubrizol Corporation
- Arkema S.A.
- Dow
- Covestro
- DIC Corporation
- Allnex
- Evonik Industries AG
- Mitsubishi Chemical Group Corporation
- AirSculpt Technologies
- Synthomer plc
Table of Contents
- 1. Executive Summary
- 2. Market Dynamics
- 2.1. Market Drivers & Opportunities
- 2.2. Market Restraints & Challenges
- 2.3. Market Trends
- 2.4. Supply chain Analysis
- 2.5. Policy & Regulatory Framework
- 2.6. Industry Experts Views
- 3. Research Methodology
- 3.1. Secondary Research
- 3.2. Primary Data Collection
- 3.3. Market Formation & Validation
- 3.4. Report Writing, Quality Check & Delivery
- 4. Market Structure
- 4.1. Market Considerate
- 4.2. Assumptions
- 4.3. Limitations
- 4.4. Abbreviations
- 4.5. Sources
- 4.6. Definitions
- 5. Economic /Demographic Snapshot
- 6. Asia-Pacific Acrylic Resin Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Country
- 6.3. Market Size and Forecast, By Property
- 6.4. Market Size and Forecast, By Application
- 6.5. Market Size and Forecast, By Solvency
- 6.6. Market Size and Forecast, By End-use Industry
- 6.7. Market Size and Forecast, By Chemistry
- 6.8. China Acrylic Resin Market Outlook
- 6.8.1. Market Size by Value
- 6.8.2. Market Size and Forecast By Property
- 6.8.3. Market Size and Forecast By Application
- 6.8.4. Market Size and Forecast By Solvency
- 6.9. Japan Acrylic Resin Market Outlook
- 6.9.1. Market Size by Value
- 6.9.2. Market Size and Forecast By Property
- 6.9.3. Market Size and Forecast By Application
- 6.9.4. Market Size and Forecast By Solvency
- 6.10. India Acrylic Resin Market Outlook
- 6.10.1. Market Size by Value
- 6.10.2. Market Size and Forecast By Property
- 6.10.3. Market Size and Forecast By Application
- 6.10.4. Market Size and Forecast By Solvency
- 6.11. Australia Acrylic Resin Market Outlook
- 6.11.1. Market Size by Value
- 6.11.2. Market Size and Forecast By Property
- 6.11.3. Market Size and Forecast By Application
- 6.11.4. Market Size and Forecast By Solvency
- 6.12. South Korea Acrylic Resin Market Outlook
- 6.12.1. Market Size by Value
- 6.12.2. Market Size and Forecast By Property
- 6.12.3. Market Size and Forecast By Application
- 6.12.4. Market Size and Forecast By Solvency
- 7. Competitive Landscape
- 7.1. Competitive Dashboard
- 7.2. Business Strategies Adopted by Key Players
- 7.3. Porter's Five Forces
- 7.4. Company Profile
- 7.4.1. BASF SE
- 7.4.1.1. Company Snapshot
- 7.4.1.2. Company Overview
- 7.4.1.3. Financial Highlights
- 7.4.1.4. Geographic Insights
- 7.4.1.5. Business Segment & Performance
- 7.4.1.6. Product Portfolio
- 7.4.1.7. Key Executives
- 7.4.1.8. Strategic Moves & Developments
- 7.4.2. Dow Inc.
- 7.4.3. Arkema S.A.
- 7.4.4. Mitsubishi Chemical Group Corporation
- 7.4.5. Lubrizol Corporation
- 7.4.6. DIC Corporation
- 7.4.7. Allnex GmbH
- 7.4.8. Evonik Industries AG
- 7.4.9. Covestro AG
- 7.4.10. Synthomer plc
- 7.4.11. Sumitomo Chemical Co., Ltd.
- 7.4.12. Nippon Shokubai Co., Ltd.
- 8. Strategic Recommendations
- 9. Annexure
- 9.1. FAQ`s
- 9.2. Notes
- 10. Disclaimer
Table 2: Top 10 Counties Economic Snapshot 2024
Table 3: Economic Snapshot of Other Prominent Countries 2022
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Asia-Pacific Acrylic Resin Market Size and Forecast, By Property (2020 to 2031F) (In USD Billion)
Table 6: Asia-Pacific Acrylic Resin Market Size and Forecast, By Application (2020 to 2031F) (In USD Billion)
Table 7: Asia-Pacific Acrylic Resin Market Size and Forecast, By Solvency (2020 to 2031F) (In USD Billion)
Table 8: Asia-Pacific Acrylic Resin Market Size and Forecast, By End-use Industry (2020 to 2031F) (In USD Billion)
Table 9: Asia-Pacific Acrylic Resin Market Size and Forecast, By Chemistry (2020 to 2031F) (In USD Billion)
Table 10: China Acrylic Resin Market Size and Forecast By Property (2020 to 2031F) (In USD Billion)
Table 11: China Acrylic Resin Market Size and Forecast By Application (2020 to 2031F) (In USD Billion)
Table 12: China Acrylic Resin Market Size and Forecast By Solvency (2020 to 2031F) (In USD Billion)
Table 13: Japan Acrylic Resin Market Size and Forecast By Property (2020 to 2031F) (In USD Billion)
Table 14: Japan Acrylic Resin Market Size and Forecast By Application (2020 to 2031F) (In USD Billion)
Table 15: Japan Acrylic Resin Market Size and Forecast By Solvency (2020 to 2031F) (In USD Billion)
Table 16: India Acrylic Resin Market Size and Forecast By Property (2020 to 2031F) (In USD Billion)
Table 17: India Acrylic Resin Market Size and Forecast By Application (2020 to 2031F) (In USD Billion)
Table 18: India Acrylic Resin Market Size and Forecast By Solvency (2020 to 2031F) (In USD Billion)
Table 19: Australia Acrylic Resin Market Size and Forecast By Property (2020 to 2031F) (In USD Billion)
Table 20: Australia Acrylic Resin Market Size and Forecast By Application (2020 to 2031F) (In USD Billion)
Table 21: Australia Acrylic Resin Market Size and Forecast By Solvency (2020 to 2031F) (In USD Billion)
Table 22: South Korea Acrylic Resin Market Size and Forecast By Property (2020 to 2031F) (In USD Billion)
Table 23: South Korea Acrylic Resin Market Size and Forecast By Application (2020 to 2031F) (In USD Billion)
Table 24: South Korea Acrylic Resin Market Size and Forecast By Solvency (2020 to 2031F) (In USD Billion)
Table 25: Competitive Dashboard of top 5 players, 2025
Figure 2: Asia-Pacific Acrylic Resin Market Share By Country (2025)
Figure 3: China Acrylic Resin Market Size By Value (2020, 2025 & 2031F) (in USD Billion)
Figure 4: Japan Acrylic Resin Market Size By Value (2020, 2025 & 2031F) (in USD Billion)
Figure 5: India Acrylic Resin Market Size By Value (2020, 2025 & 2031F) (in USD Billion)
Figure 6: Australia Acrylic Resin Market Size By Value (2020, 2025 & 2031F) (in USD Billion)
Figure 7: South Korea Acrylic Resin Market Size By Value (2020, 2025 & 2031F) (in USD Billion)
Figure 8: Porter's Five Forces of Global Acrylic Resin Market
Acrylic Resin Market Research FAQs
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