Steel Strapping Market Future Demand, Emerging Trends, Growth Analysis, Overview Report Forecast to 2025-2031

Los Angeles, United States - QY Research has unveiled its latest study titled "Global Steel Strapping Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This newly released report delivers a comprehensive overview of the global Steel Strapping market, analyzing the forces shaping its growth trajectory and providing valuable insights for stakeholders, investors, and industry professionals. the research covers key areas including market dynamics, segmentation, regional performance, competitive landscape, and emerging technology trends that are redefining industry standards. Backed by reliable data and expert analysis, the report serves as a trusted guide to understanding both microeconomic and macroeconomic factors driving market evolution.

The global market for Steel Strapping was estimated to be worth US$ 1254 million in 2024 and is forecast to a readjusted size of US$ 1568 million by 2031 with a CAGR of 3.3% during the forecast period 2025-2031.

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The research report also includes the global Steel Strapping market figures that provide historical data as well as estimated figures. It gives a clear picture of the growth rate of the market during the forecast period. The Steel Strapping report aims to give the readers quantifiable data that is collected from verified data. The report attempts to answer all the difficult questions such as market sizes and company strategies.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Steel Strapping cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Steel strapping is a type of steel strip specifically used to reinforce, bundle, and secure cargo, packages, or large materials. It is also known as baling strapping, steel strapping, or steel strapping.

Steel strapping is typically made from high-strength carbon structural steel that is cold-rolled and heat-treated. The surface may be bluing (black oxide), galvanized, painted, or coated to enhance corrosion resistance and service life. Its high tensile strength and toughness allow it to withstand the shock, vibration, and compression that can occur during heavy loads and long-distance transportation, ensuring that cargo remains secure and secure.

In 2024, global steel strapping sales volume reached approximately 1.30 million tons, with an average global market price of around US$ 960 per ton.

Global Steel Strapping main players are Signode, Samuel Strapping, Baosteel, Anshan Falan, Yongxin, etc. Global top five manufacturers hold a share about 35%. China is the largest market, with a share about 45%.

Competitive Landscape: -

Signode
Samuel Strapping
Baowu Steel
Anshan Falan
M.J.Maillis Group
Jiangsu Juhong
Specta
Bhushan Steel
Qinhuangdao Jiashilun
Wiscom
Kohan Kogyo Co., Ltd
Midfield Industries
Yodogawa Steel Works
Polychem
Walzen Strips (P) Ltd
Ensho Steel Strapping
Titan Umreifungstechnik
Linder
Cyklop
SHOKO KIKO CO., LTD
PAC Strapping Products, Inc.

The competitive landscape is a must-have information for the market players to withstand the competition present in the global Steel Strapping market. This further helps the market participants to develop effective strategies to optimize their market positions. Moreover, the competitive analysis helps them to determine potential advantages as well as barriers within the global Steel Strapping market. This way, they can monitor how their competitors are implementing various strategies including pricing, marketing, and distribution.

Market Drivers and Restraints -

The steel strapping market demonstrates strong global growth potential, as steel strapping-manufactured from high-tensile or low-carbon steel with various surface treatments such as bluing, galvanizing, or paint coating-remains an indispensable packaging and load-securing solution for heavy-duty industries where durability, safety, and reliability are paramount, including steel, metals, building materials, lumber, logistics, automotive, machinery, and shipping; the demand is reinforced by rising global trade volumes, infrastructure expansion, and industrial growth in emerging markets, where large, heavy, and irregularly shaped goods must be securely bundled for storage and long-distance transport under harsh conditions that plastic alternatives often cannot withstand; steel strapping provides unmatched tensile strength, resistance to UV radiation and temperature extremes, and long-term load stability, making it especially critical in securing steel coils, rebar, pipes, heavy machinery, lumber stacks, and stone slabs, thus ensuring both cargo safety and compliance with international shipping standards; furthermore, the ability to apply coatings for corrosion resistance, extend product life, and even use color-coded straps for logistics identification enhances its value across supply chains; although synthetic alternatives like PET and polypropylene strapping are gaining traction due to lighter weight and easier handling, steel strapping maintains dominance in applications where failure risks are unacceptable, such as overseas shipping and heavy manufacturing; growing e-commerce and globalized supply chains are increasing the complexity and volume of shipments, further driving the need for robust, high-strength strapping solutions; regional dynamics also shape opportunities, with Asia-Pacific leading due to rapid industrialization, North America and Europe emphasizing safety compliance and premium coated strapping, and the Middle East, Africa, and Latin America emerging as fast-growing markets fueled by construction and resource industries; despite challenges such as fluctuating steel prices and higher handling requirements compared to plastics, the steel strapping market is poised for sustained growth as industries continue to prioritize cargo safety, operational efficiency, and long-term reliability in heavy-duty packaging and logistics applications.

Regional Insights -

The report takes readers on a journey through four key regions: United States, Asia-Pacific, and EMEA. Key nations like the United States, Germany, the United Kingdom, China, Japan, South Korea, and more are thoroughly examined. The data is presented in a timeline from 2024 as the base year, with projections extending to 2031.

North America: United States, Canada, Mexico

Latin America: Brazil and other key markets

Asia Pacific: China, Japan, South Korea, India, ASEAN countries

Europe, Middle East & Africa (EMEA): Major European economies, GCC countries, and African nations

The report provides a region-wise breakdown of market share, consumption trends, and future prospects.

Detailed of Steel Strapping Market Segmentation -

The report offers great insights into important segments of the global Steel Strapping market while concentrating on their CAGR, market size, market share, and future growth potential. The global Steel Strapping market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Steel Strapping market.

Segmentation By Type :-

Blue-Tempered Steel Strapping
Paint-Coated Steel Strapping
Galvanized Steel Strapping

Segmentation By Application -

Metal
Paper
Glass
Building
Others

This segmentation helps identify high-growth opportunities and niche segments for investors and businesses.

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Why This Report is a Must-Have -

ᗒ Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain a clear understanding of market trends and future growth potential.

ᗒ Comprehensive Market Segmentation: Detailed breakdown by Type, Application, and Region to identify lucrative opportunities.

ᗒ Competitive Landscape: Insights into key players, their market share, and strategic developments like mergers, acquisitions, and expansion plans.

ᗒ Drivers & Restraints: Understand the factors shaping the market's growth and the challenges that could impact your strategy.

ᗒ Expert Opinions & Market Dynamics: Benefit from expert analysis to navigate market risks and capitalize on emerging trends.

Steel Strapping Market Report Objectives -

(1) Analyzing the size of the global Steel Strapping market on the basis of value and volume

(2) Accurately calculating the market shares, consumption, and other vital factors of different segments of the global Steel Strapping market

(3) Exploring key dynamics of the global Steel Strapping market

(4) Highlighting important trends of the global Steel Strapping market in terms of production, revenue, and sales

(5) Deeply profiling top players of the global Steel Strapping market and showing how they compete in the industry

(6) Studying manufacturing processes and costs, product pricing, and various trends related to them

(7) Showing the performance of different regions and countries in the global Steel Strapping market

(8) Forecasting the market size and share of all segments, regions, and the global market.

Important Questions Answered included in the Report:-

(A) What is the market size and growth rate of the global and regional market by various segments?

(B) What is the market size and growth rate of the market for selective Countries?

(C) Which region or sub-segment is expected to drive the market in the forecast period?

(D) What factors are estimated to drive and restrain the market growth?

(E) What are the key technology and market trends shaping the market?

(F) what are the key opportunity in the market?

(G) Who are the leading manufacturers operating in the global Steel Strapping market?

(H) Which key player accounted for the highest market share?

(I) What are the growth opportunities for the new entrants in the global Steel Strapping market?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Steel Strapping Product Introduction
1.2 Global Steel Strapping Market Size Forecast
1.2.1 Global Steel Strapping Sales Value (2020-2031)
1.2.2 Global Steel Strapping Sales Volume (2020-2031)
1.2.3 Global Steel Strapping Sales Price (2020-2031)
1.3 Steel Strapping Market Trends & Drivers
1.3.1 Steel Strapping Industry Trends
1.3.2 Steel Strapping Market Drivers & Opportunity
1.3.3 Steel Strapping Market Challenges
1.3.4 Steel Strapping Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Steel Strapping Players Revenue Ranking (2024)
2.2 Global Steel Strapping Revenue by Company (2020-2025)
2.3 Global Steel Strapping Players Sales Volume Ranking (2024)
2.4 Global Steel Strapping Sales Volume by Company Players (2020-2025)
2.5 Global Steel Strapping Average Price by Company (2020-2025)
2.6 Key Manufacturers Steel Strapping Manufacturing Base and Headquarters
2.7 Key Manufacturers Steel Strapping Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Steel Strapping
2.9 Steel Strapping Market Competitive Analysis
2.9.1 Steel Strapping Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Steel Strapping Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Steel Strapping as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Blue-Tempered Steel Strapping
3.1.2 Paint-Coated Steel Strapping
3.1.3 Galvanized Steel Strapping
3.2 Global Steel Strapping Sales Value by Type
3.2.1 Global Steel Strapping Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Steel Strapping Sales Value, by Type (2020-2031)
3.2.3 Global Steel Strapping Sales Value, by Type (%) (2020-2031)
3.3 Global Steel Strapping Sales Volume by Type
3.3.1 Global Steel Strapping Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Steel Strapping Sales Volume, by Type (2020-2031)
3.3.3 Global Steel Strapping Sales Volume, by Type (%) (2020-2031)
3.4 Global Steel Strapping Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Metal
4.1.2 Paper
4.1.3 Glass
4.1.4 Building
4.1.5 Others
4.2 Global Steel Strapping Sales Value by Application
4.2.1 Global Steel Strapping Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Steel Strapping Sales Value, by Application (2020-2031)
4.2.3 Global Steel Strapping Sales Value, by Application (%) (2020-2031)
4.3 Global Steel Strapping Sales Volume by Application
4.3.1 Global Steel Strapping Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Steel Strapping Sales Volume, by Application (2020-2031)
4.3.3 Global Steel Strapping Sales Volume, by Application (%) (2020-2031)
4.4 Global Steel Strapping Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Steel Strapping Sales Value by Region
5.1.1 Global Steel Strapping Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Steel Strapping Sales Value by Region (2020-2025)
5.1.3 Global Steel Strapping Sales Value by Region (2026-2031)
5.1.4 Global Steel Strapping Sales Value by Region (%), (2020-2031)
5.2 Global Steel Strapping Sales Volume by Region
5.2.1 Global Steel Strapping Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Steel Strapping Sales Volume by Region (2020-2025)
5.2.3 Global Steel Strapping Sales Volume by Region (2026-2031)
5.2.4 Global Steel Strapping Sales Volume by Region (%), (2020-2031)
5.3 Global Steel Strapping Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Steel Strapping Sales Value, 2020-2031
5.4.2 North America Steel Strapping Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Steel Strapping Sales Value, 2020-2031
5.5.2 Europe Steel Strapping Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Steel Strapping Sales Value, 2020-2031
5.6.2 Asia Pacific Steel Strapping Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Steel Strapping Sales Value, 2020-2031
5.7.2 South America Steel Strapping Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Steel Strapping Sales Value, 2020-2031
5.8.2 Middle East & Africa Steel Strapping Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Steel Strapping Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Steel Strapping Sales Value and Sales Volume
6.2.1 Key Countries/Regions Steel Strapping Sales Value, 2020-2031
6.2.2 Key Countries/Regions Steel Strapping Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Steel Strapping Sales Value, 2020-2031
6.3.2 United States Steel Strapping Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Steel Strapping Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Steel Strapping Sales Value, 2020-2031
6.4.2 Europe Steel Strapping Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Steel Strapping Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Steel Strapping Sales Value, 2020-2031
6.5.2 China Steel Strapping Sales Value by Type (%), 2024 VS 2031
6.5.3 China Steel Strapping Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Steel Strapping Sales Value, 2020-2031
6.6.2 Japan Steel Strapping Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Steel Strapping Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Steel Strapping Sales Value, 2020-2031
6.7.2 South Korea Steel Strapping Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Steel Strapping Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Steel Strapping Sales Value, 2020-2031
6.8.2 Southeast Asia Steel Strapping Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Steel Strapping Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Steel Strapping Sales Value, 2020-2031
6.9.2 India Steel Strapping Sales Value by Type (%), 2024 VS 2031
6.9.3 India Steel Strapping Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Signode
7.1.1 Signode Company Information
7.1.2 Signode Introduction and Business Overview
7.1.3 Signode Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Signode Steel Strapping Product Offerings
7.1.5 Signode Recent Development
7.2 Samuel Strapping
7.2.1 Samuel Strapping Company Information
7.2.2 Samuel Strapping Introduction and Business Overview
7.2.3 Samuel Strapping Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Samuel Strapping Steel Strapping Product Offerings
7.2.5 Samuel Strapping Recent Development
7.3 Baowu Steel
7.3.1 Baowu Steel Company Information
7.3.2 Baowu Steel Introduction and Business Overview
7.3.3 Baowu Steel Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Baowu Steel Steel Strapping Product Offerings
7.3.5 Baowu Steel Recent Development
7.4 Anshan Falan
7.4.1 Anshan Falan Company Information
7.4.2 Anshan Falan Introduction and Business Overview
7.4.3 Anshan Falan Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Anshan Falan Steel Strapping Product Offerings
7.4.5 Anshan Falan Recent Development
7.5 M.J.Maillis Group
7.5.1 M.J.Maillis Group Company Information
7.5.2 M.J.Maillis Group Introduction and Business Overview
7.5.3 M.J.Maillis Group Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 M.J.Maillis Group Steel Strapping Product Offerings
7.5.5 M.J.Maillis Group Recent Development
7.6 Jiangsu Juhong
7.6.1 Jiangsu Juhong Company Information
7.6.2 Jiangsu Juhong Introduction and Business Overview
7.6.3 Jiangsu Juhong Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Jiangsu Juhong Steel Strapping Product Offerings
7.6.5 Jiangsu Juhong Recent Development
7.7 Specta
7.7.1 Specta Company Information
7.7.2 Specta Introduction and Business Overview
7.7.3 Specta Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Specta Steel Strapping Product Offerings
7.7.5 Specta Recent Development
7.8 Bhushan Steel
7.8.1 Bhushan Steel Company Information
7.8.2 Bhushan Steel Introduction and Business Overview
7.8.3 Bhushan Steel Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Bhushan Steel Steel Strapping Product Offerings
7.8.5 Bhushan Steel Recent Development
7.9 Qinhuangdao Jiashilun
7.9.1 Qinhuangdao Jiashilun Company Information
7.9.2 Qinhuangdao Jiashilun Introduction and Business Overview
7.9.3 Qinhuangdao Jiashilun Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Qinhuangdao Jiashilun Steel Strapping Product Offerings
7.9.5 Qinhuangdao Jiashilun Recent Development
7.10 Wiscom
7.10.1 Wiscom Company Information
7.10.2 Wiscom Introduction and Business Overview
7.10.3 Wiscom Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Wiscom Steel Strapping Product Offerings
7.10.5 Wiscom Recent Development
7.11 Kohan Kogyo Co., Ltd
7.11.1 Kohan Kogyo Co., Ltd Company Information
7.11.2 Kohan Kogyo Co., Ltd Introduction and Business Overview
7.11.3 Kohan Kogyo Co., Ltd Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Kohan Kogyo Co., Ltd Steel Strapping Product Offerings
7.11.5 Kohan Kogyo Co., Ltd Recent Development
7.12 Midfield Industries
7.12.1 Midfield Industries Company Information
7.12.2 Midfield Industries Introduction and Business Overview
7.12.3 Midfield Industries Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Midfield Industries Steel Strapping Product Offerings
7.12.5 Midfield Industries Recent Development
7.13 Yodogawa Steel Works
7.13.1 Yodogawa Steel Works Company Information
7.13.2 Yodogawa Steel Works Introduction and Business Overview
7.13.3 Yodogawa Steel Works Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Yodogawa Steel Works Steel Strapping Product Offerings
7.13.5 Yodogawa Steel Works Recent Development
7.14 Polychem
7.14.1 Polychem Company Information
7.14.2 Polychem Introduction and Business Overview
7.14.3 Polychem Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Polychem Steel Strapping Product Offerings
7.14.5 Polychem Recent Development
7.15 Walzen Strips (P) Ltd
7.15.1 Walzen Strips (P) Ltd Company Information
7.15.2 Walzen Strips (P) Ltd Introduction and Business Overview
7.15.3 Walzen Strips (P) Ltd Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Walzen Strips (P) Ltd Steel Strapping Product Offerings
7.15.5 Walzen Strips (P) Ltd Recent Development
7.16 Ensho Steel Strapping
7.16.1 Ensho Steel Strapping Company Information
7.16.2 Ensho Steel Strapping Introduction and Business Overview
7.16.3 Ensho Steel Strapping Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Ensho Steel Strapping Steel Strapping Product Offerings
7.16.5 Ensho Steel Strapping Recent Development
7.17 Titan Umreifungstechnik
7.17.1 Titan Umreifungstechnik Company Information
7.17.2 Titan Umreifungstechnik Introduction and Business Overview
7.17.3 Titan Umreifungstechnik Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Titan Umreifungstechnik Steel Strapping Product Offerings
7.17.5 Titan Umreifungstechnik Recent Development
7.18 Linder
7.18.1 Linder Company Information
7.18.2 Linder Introduction and Business Overview
7.18.3 Linder Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Linder Steel Strapping Product Offerings
7.18.5 Linder Recent Development
7.19 Cyklop
7.19.1 Cyklop Company Information
7.19.2 Cyklop Introduction and Business Overview
7.19.3 Cyklop Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 Cyklop Steel Strapping Product Offerings
7.19.5 Cyklop Recent Development
7.20 SHOKO KIKO CO., LTD
7.20.1 SHOKO KIKO CO., LTD Company Information
7.20.2 SHOKO KIKO CO., LTD Introduction and Business Overview
7.20.3 SHOKO KIKO CO., LTD Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 SHOKO KIKO CO., LTD Steel Strapping Product Offerings
7.20.5 SHOKO KIKO CO., LTD Recent Development
7.21 PAC Strapping Products, Inc.
7.21.1 PAC Strapping Products, Inc. Company Information
7.21.2 PAC Strapping Products, Inc. Introduction and Business Overview
7.21.3 PAC Strapping Products, Inc. Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
7.21.4 PAC Strapping Products, Inc. Steel Strapping Product Offerings
7.21.5 PAC Strapping Products, Inc. Recent Development
8 Industry Chain Analysis
8.1 Steel Strapping Industrial Chain
8.2 Steel Strapping Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Steel Strapping Sales Model
8.5.2 Sales Channel
8.5.3 Steel Strapping Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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