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Chemical & Material Global Round Magnet Wire Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4638860
    • |
  • 24 October, 2025
    • |
  • Global
    • |
  • 154 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Round Magnet Wire market size was valued at US$ 25880 million in 2024 and is forecast to a readjusted size of USD 31330 million by 2031 with a CAGR of 2.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Round magnet wire, also known as enameled wire or winding wire, is a type of wire with a round cross-section that is insulated with a thin layer of enamel or other insulating materials. It is commonly used in the construction of electromagnetic coils, transformers, inductors, and various electrical and electronic components.
The market for round magnet wire has seen steady growth over the years, driven by several key factors:

Electrification and Energy Infrastructure Development: As countries invest in infrastructure development and electrification, there is a growing demand for electrical equipment that relies on round magnet wire, including power transformers, motors, and generators.

Renewable Energy Sector: The renewable energy sector, including wind turbines and solar power generation, requires significant quantities of round magnet wire for the construction of generators and transformers.

Automotive Industry: Electric vehicles (EVs) and hybrid electric vehicles (HEVs) are becoming increasingly popular, driving the demand for round magnet wire in the production of electric motors and traction systems.

Industrial Automation and Robotics: The use of motors and actuators in industrial automation and robotics has increased. Round magnet wire is essential in these applications for building efficient electromagnetic components.

Consumer Electronics: Round magnet wire is used in small electrical components found in consumer electronics, such as smartphones, laptops, and appliances. The demand for consumer electronics continues to grow.

Electronics Manufacturing: The electronics manufacturing sector relies on round magnet wire for the production of a wide range of devices, including transformers, solenoids, and relays.

Power Distribution and Grid Upgrades: Utilities invest in upgrading and modernizing power distribution systems, which often require new transformers and inductors, driving the demand for round magnet wire.
This report is a detailed and comprehensive analysis for global Round Magnet Wire market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Round Magnet Wire market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Round Magnet Wire market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Round Magnet Wire market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Round Magnet Wire market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Round Magnet Wire
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Round Magnet Wire market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Superior Essex, Jingda, Sumitomo Electric, Rea, Citychamp Dartong, IRCE, Shanghai Yuke, Shangfeng Industrial, Liljedahl, Tongling Copper Crown Electrical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Round Magnet Wire market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Copper Wire
Aluminum Wire
Market segment by Application
Motors
Transformers
Home Appliance
Others
Major players covered
Superior Essex
Jingda
Sumitomo Electric
Rea
Citychamp Dartong
IRCE
Shanghai Yuke
Shangfeng Industrial
Liljedahl
Tongling Copper Crown Electrical
Roshow Technology
Hitachi
SWCC
Elektrisola
HONGYUAN
Ronsen Super Micro-Wire
Magnekon
Condumex
Gold Cup
Shenmao Magnet Wire
Tianjin Jing Wei Electric Wire
Von Roll
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Round Magnet Wire product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Round Magnet Wire, with price, sales quantity, revenue, and global market share of Round Magnet Wire from 2020 to 2025.
Chapter 3, the Round Magnet Wire competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Round Magnet Wire breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Round Magnet Wire market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Round Magnet Wire.
Chapter 14 and 15, to describe Round Magnet Wire sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Round Magnet Wire Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Copper Wire
    • 1.3.3 Aluminum Wire
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Round Magnet Wire Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Motors
    • 1.4.3 Transformers
    • 1.4.4 Home Appliance
    • 1.4.5 Others
  • 1.5 Global Round Magnet Wire Market Size & Forecast
    • 1.5.1 Global Round Magnet Wire Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Round Magnet Wire Sales Quantity (2020-2031)
    • 1.5.3 Global Round Magnet Wire Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Superior Essex
    • 2.1.1 Superior Essex Details
    • 2.1.2 Superior Essex Major Business
    • 2.1.3 Superior Essex Round Magnet Wire Product and Services
    • 2.1.4 Superior Essex Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Superior Essex Recent Developments/Updates
  • 2.2 Jingda
    • 2.2.1 Jingda Details
    • 2.2.2 Jingda Major Business
    • 2.2.3 Jingda Round Magnet Wire Product and Services
    • 2.2.4 Jingda Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Jingda Recent Developments/Updates
  • 2.3 Sumitomo Electric
    • 2.3.1 Sumitomo Electric Details
    • 2.3.2 Sumitomo Electric Major Business
    • 2.3.3 Sumitomo Electric Round Magnet Wire Product and Services
    • 2.3.4 Sumitomo Electric Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Sumitomo Electric Recent Developments/Updates
  • 2.4 Rea
    • 2.4.1 Rea Details
    • 2.4.2 Rea Major Business
    • 2.4.3 Rea Round Magnet Wire Product and Services
    • 2.4.4 Rea Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Rea Recent Developments/Updates
  • 2.5 Citychamp Dartong
    • 2.5.1 Citychamp Dartong Details
    • 2.5.2 Citychamp Dartong Major Business
    • 2.5.3 Citychamp Dartong Round Magnet Wire Product and Services
    • 2.5.4 Citychamp Dartong Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Citychamp Dartong Recent Developments/Updates
  • 2.6 IRCE
    • 2.6.1 IRCE Details
    • 2.6.2 IRCE Major Business
    • 2.6.3 IRCE Round Magnet Wire Product and Services
    • 2.6.4 IRCE Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 IRCE Recent Developments/Updates
  • 2.7 Shanghai Yuke
    • 2.7.1 Shanghai Yuke Details
    • 2.7.2 Shanghai Yuke Major Business
    • 2.7.3 Shanghai Yuke Round Magnet Wire Product and Services
    • 2.7.4 Shanghai Yuke Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Shanghai Yuke Recent Developments/Updates
  • 2.8 Shangfeng Industrial
    • 2.8.1 Shangfeng Industrial Details
    • 2.8.2 Shangfeng Industrial Major Business
    • 2.8.3 Shangfeng Industrial Round Magnet Wire Product and Services
    • 2.8.4 Shangfeng Industrial Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Shangfeng Industrial Recent Developments/Updates
  • 2.9 Liljedahl
    • 2.9.1 Liljedahl Details
    • 2.9.2 Liljedahl Major Business
    • 2.9.3 Liljedahl Round Magnet Wire Product and Services
    • 2.9.4 Liljedahl Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Liljedahl Recent Developments/Updates
  • 2.10 Tongling Copper Crown Electrical
    • 2.10.1 Tongling Copper Crown Electrical Details
    • 2.10.2 Tongling Copper Crown Electrical Major Business
    • 2.10.3 Tongling Copper Crown Electrical Round Magnet Wire Product and Services
    • 2.10.4 Tongling Copper Crown Electrical Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Tongling Copper Crown Electrical Recent Developments/Updates
  • 2.11 Roshow Technology
    • 2.11.1 Roshow Technology Details
    • 2.11.2 Roshow Technology Major Business
    • 2.11.3 Roshow Technology Round Magnet Wire Product and Services
    • 2.11.4 Roshow Technology Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Roshow Technology Recent Developments/Updates
  • 2.12 Hitachi
    • 2.12.1 Hitachi Details
    • 2.12.2 Hitachi Major Business
    • 2.12.3 Hitachi Round Magnet Wire Product and Services
    • 2.12.4 Hitachi Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Hitachi Recent Developments/Updates
  • 2.13 SWCC
    • 2.13.1 SWCC Details
    • 2.13.2 SWCC Major Business
    • 2.13.3 SWCC Round Magnet Wire Product and Services
    • 2.13.4 SWCC Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 SWCC Recent Developments/Updates
  • 2.14 Elektrisola
    • 2.14.1 Elektrisola Details
    • 2.14.2 Elektrisola Major Business
    • 2.14.3 Elektrisola Round Magnet Wire Product and Services
    • 2.14.4 Elektrisola Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Elektrisola Recent Developments/Updates
  • 2.15 HONGYUAN
    • 2.15.1 HONGYUAN Details
    • 2.15.2 HONGYUAN Major Business
    • 2.15.3 HONGYUAN Round Magnet Wire Product and Services
    • 2.15.4 HONGYUAN Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 HONGYUAN Recent Developments/Updates
  • 2.16 Ronsen Super Micro-Wire
    • 2.16.1 Ronsen Super Micro-Wire Details
    • 2.16.2 Ronsen Super Micro-Wire Major Business
    • 2.16.3 Ronsen Super Micro-Wire Round Magnet Wire Product and Services
    • 2.16.4 Ronsen Super Micro-Wire Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Ronsen Super Micro-Wire Recent Developments/Updates
  • 2.17 Magnekon
    • 2.17.1 Magnekon Details
    • 2.17.2 Magnekon Major Business
    • 2.17.3 Magnekon Round Magnet Wire Product and Services
    • 2.17.4 Magnekon Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Magnekon Recent Developments/Updates
  • 2.18 Condumex
    • 2.18.1 Condumex Details
    • 2.18.2 Condumex Major Business
    • 2.18.3 Condumex Round Magnet Wire Product and Services
    • 2.18.4 Condumex Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Condumex Recent Developments/Updates
  • 2.19 Gold Cup
    • 2.19.1 Gold Cup Details
    • 2.19.2 Gold Cup Major Business
    • 2.19.3 Gold Cup Round Magnet Wire Product and Services
    • 2.19.4 Gold Cup Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.19.5 Gold Cup Recent Developments/Updates
  • 2.20 Shenmao Magnet Wire
    • 2.20.1 Shenmao Magnet Wire Details
    • 2.20.2 Shenmao Magnet Wire Major Business
    • 2.20.3 Shenmao Magnet Wire Round Magnet Wire Product and Services
    • 2.20.4 Shenmao Magnet Wire Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.20.5 Shenmao Magnet Wire Recent Developments/Updates
  • 2.21 Tianjin Jing Wei Electric Wire
    • 2.21.1 Tianjin Jing Wei Electric Wire Details
    • 2.21.2 Tianjin Jing Wei Electric Wire Major Business
    • 2.21.3 Tianjin Jing Wei Electric Wire Round Magnet Wire Product and Services
    • 2.21.4 Tianjin Jing Wei Electric Wire Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.21.5 Tianjin Jing Wei Electric Wire Recent Developments/Updates
  • 2.22 Von Roll
    • 2.22.1 Von Roll Details
    • 2.22.2 Von Roll Major Business
    • 2.22.3 Von Roll Round Magnet Wire Product and Services
    • 2.22.4 Von Roll Round Magnet Wire Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.22.5 Von Roll Recent Developments/Updates

3 Competitive Environment: Round Magnet Wire by Manufacturer

  • 3.1 Global Round Magnet Wire Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Round Magnet Wire Revenue by Manufacturer (2020-2025)
  • 3.3 Global Round Magnet Wire Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Round Magnet Wire by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Round Magnet Wire Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Round Magnet Wire Manufacturer Market Share in 2024
  • 3.5 Round Magnet Wire Market: Overall Company Footprint Analysis
    • 3.5.1 Round Magnet Wire Market: Region Footprint
    • 3.5.2 Round Magnet Wire Market: Company Product Type Footprint
    • 3.5.3 Round Magnet Wire Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Round Magnet Wire Market Size by Region
    • 4.1.1 Global Round Magnet Wire Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Round Magnet Wire Consumption Value by Region (2020-2031)
    • 4.1.3 Global Round Magnet Wire Average Price by Region (2020-2031)
  • 4.2 North America Round Magnet Wire Consumption Value (2020-2031)
  • 4.3 Europe Round Magnet Wire Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Round Magnet Wire Consumption Value (2020-2031)
  • 4.5 South America Round Magnet Wire Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Round Magnet Wire Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Round Magnet Wire Sales Quantity by Type (2020-2031)
  • 5.2 Global Round Magnet Wire Consumption Value by Type (2020-2031)
  • 5.3 Global Round Magnet Wire Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Round Magnet Wire Sales Quantity by Application (2020-2031)
  • 6.2 Global Round Magnet Wire Consumption Value by Application (2020-2031)
  • 6.3 Global Round Magnet Wire Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Round Magnet Wire Sales Quantity by Type (2020-2031)
  • 7.2 North America Round Magnet Wire Sales Quantity by Application (2020-2031)
  • 7.3 North America Round Magnet Wire Market Size by Country
    • 7.3.1 North America Round Magnet Wire Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Round Magnet Wire Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Round Magnet Wire Sales Quantity by Type (2020-2031)
  • 8.2 Europe Round Magnet Wire Sales Quantity by Application (2020-2031)
  • 8.3 Europe Round Magnet Wire Market Size by Country
    • 8.3.1 Europe Round Magnet Wire Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Round Magnet Wire Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Round Magnet Wire Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Round Magnet Wire Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Round Magnet Wire Market Size by Region
    • 9.3.1 Asia-Pacific Round Magnet Wire Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Round Magnet Wire Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Round Magnet Wire Sales Quantity by Type (2020-2031)
  • 10.2 South America Round Magnet Wire Sales Quantity by Application (2020-2031)
  • 10.3 South America Round Magnet Wire Market Size by Country
    • 10.3.1 South America Round Magnet Wire Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Round Magnet Wire Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Round Magnet Wire Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Round Magnet Wire Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Round Magnet Wire Market Size by Country
    • 11.3.1 Middle East & Africa Round Magnet Wire Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Round Magnet Wire Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

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

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Round Magnet Wire and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Round Magnet Wire
  • 13.3 Round Magnet Wire Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Round Magnet Wire Typical Distributors
  • 14.3 Round Magnet Wire Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Round Magnet Wire. Industry analysis & Market Report on Round Magnet Wire is a syndicated market report, published as Global Round Magnet Wire Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Round Magnet Wire market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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