Global Chemical Polishing Slurry Market Analysis and Forecast 2024-2030

Global Chemical Polishing Slurry Market Analysis and Forecast 2024-2030


Chemical mechanical polishing/planarization (CMP) slurries are abrasive materials, also called non-crystalline inorganic oxides, which are dispersed in water blended with other chemicals and used in CMP processes for semiconductors. CMP process is employed in semiconductor manufacturing, where surfaces of wafers are smoothed and leveled with the help of abrasive slurries. This process is critical for precise lithography patterning, and is utilized after every deposition-etch step.

According to APO Research, The global Chemical Polishing Slurry market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Chemical Polishing Slurry key players include Cabot Microelectronics, Dow Electronic Materials, Fujimi Incorporated, Air Products/Versum Materials, etc. Global top four manufacturers hold a share over 45%.

Asia Pacific is the largest market, with a share about 68%, followed by Europe and North America, have a share over 25 percent.

In terms of product, Colloidal Silica Slurry is the largest segment, with a share about 47%. And in terms of application, the largest application is Silicon Wafers, followed by Optical Substrate, Disk Drive Components, ect.

In terms of production side, this report researches the Chemical Polishing Slurry production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Chemical Polishing Slurry by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Chemical Polishing Slurry, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Chemical Polishing Slurry, also provides the consumption of main regions and countries. Of the upcoming market potential for Chemical Polishing Slurry, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Chemical Polishing Slurry sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Chemical Polishing Slurry market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Chemical Polishing Slurry sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Cabot Microelectronics, DuPont, Fujimi Incorporated, Air Products/Versum Materials, Fujifilm, Hitachi Chemical, Saint-Gobain, Asahi Glass and Ace Nanochem, etc.

Chemical Polishing Slurry segment by Company

Cabot Microelectronics
DuPont
Fujimi Incorporated
Air Products/Versum Materials
Fujifilm
Hitachi Chemical
Saint-Gobain
Asahi Glass
Ace Nanochem
UWiZ Technology
WEC Group
Anji Microelectronics

Chemical Polishing Slurry segment by Type

Alumina Slurry
Colloidal Silica Slurry
Ceria Slurries

Chemical Polishing Slurry segment by Application

Silicon Wafers
Optical Substrate
Disk Drive Components
Other Microelectronic Surfaces

Chemical Polishing Slurry segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Chemical Polishing Slurry market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Chemical Polishing Slurry and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Chemical Polishing Slurry.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Chemical Polishing Slurry production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Chemical Polishing Slurry in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Chemical Polishing Slurry manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Chemical Polishing Slurry sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Chemical Polishing Slurry Market by Type
1.2.1 Global Chemical Polishing Slurry Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Alumina Slurry
1.2.3 Colloidal Silica Slurry
1.2.4 Ceria Slurries
1.3 Chemical Polishing Slurry Market by Application
1.3.1 Global Chemical Polishing Slurry Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Silicon Wafers
1.3.3 Optical Substrate
1.3.4 Disk Drive Components
1.3.5 Other Microelectronic Surfaces
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Chemical Polishing Slurry Market Dynamics
2.1 Chemical Polishing Slurry Industry Trends
2.2 Chemical Polishing Slurry Industry Drivers
2.3 Chemical Polishing Slurry Industry Opportunities and Challenges
2.4 Chemical Polishing Slurry Industry Restraints
3 Global Chemical Polishing Slurry Production Overview
3.1 Global Chemical Polishing Slurry Production Capacity (2019-2030)
3.2 Global Chemical Polishing Slurry Production by Region: 2019 VS 2023 VS 2030
3.3 Global Chemical Polishing Slurry Production by Region
3.3.1 Global Chemical Polishing Slurry Production by Region (2019-2024)
3.3.2 Global Chemical Polishing Slurry Production by Region (2025-2030)
3.3.3 Global Chemical Polishing Slurry Production Market Share by Region (2019-2030)
3.4 United States
3.5 Japan
3.6 Europe
3.7 South Korea
3.8 China Taiwan
3.9 China
4 Global Market Growth Prospects
4.1 Global Chemical Polishing Slurry Revenue Estimates and Forecasts (2019-2030)
4.2 Global Chemical Polishing Slurry Revenue by Region
4.2.1 Global Chemical Polishing Slurry Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Chemical Polishing Slurry Revenue by Region (2019-2024)
4.2.3 Global Chemical Polishing Slurry Revenue by Region (2025-2030)
4.2.4 Global Chemical Polishing Slurry Revenue Market Share by Region (2019-2030)
4.3 Global Chemical Polishing Slurry Sales Estimates and Forecasts 2019-2030
4.4 Global Chemical Polishing Slurry Sales by Region
4.4.1 Global Chemical Polishing Slurry Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Chemical Polishing Slurry Sales by Region (2019-2024)
4.4.3 Global Chemical Polishing Slurry Sales by Region (2025-2030)
4.4.4 Global Chemical Polishing Slurry Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Chemical Polishing Slurry Revenue by Manufacturers
5.1.1 Global Chemical Polishing Slurry Revenue by Manufacturers (2019-2024)
5.1.2 Global Chemical Polishing Slurry Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Chemical Polishing Slurry Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Chemical Polishing Slurry Sales by Manufacturers
5.2.1 Global Chemical Polishing Slurry Sales by Manufacturers (2019-2024)
5.2.2 Global Chemical Polishing Slurry Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Chemical Polishing Slurry Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Chemical Polishing Slurry Sales Price by Manufacturers (2019-2024)
5.4 Global Chemical Polishing Slurry Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Chemical Polishing Slurry Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Chemical Polishing Slurry Manufacturers, Product Type & Application
5.7 Global Chemical Polishing Slurry Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Chemical Polishing Slurry Market CR5 and HHI
5.8.2 2023 Chemical Polishing Slurry Tier 1, Tier 2, and Tier 3
6 Chemical Polishing Slurry Market by Type
6.1 Global Chemical Polishing Slurry Revenue by Type
6.1.1 Global Chemical Polishing Slurry Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Chemical Polishing Slurry Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Chemical Polishing Slurry Revenue Market Share by Type (2019-2030)
6.2 Global Chemical Polishing Slurry Sales by Type
6.2.1 Global Chemical Polishing Slurry Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Chemical Polishing Slurry Sales by Type (2019-2030) & (MT)
6.2.3 Global Chemical Polishing Slurry Sales Market Share by Type (2019-2030)
6.3 Global Chemical Polishing Slurry Price by Type
7 Chemical Polishing Slurry Market by Application
7.1 Global Chemical Polishing Slurry Revenue by Application
7.1.1 Global Chemical Polishing Slurry Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Chemical Polishing Slurry Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Chemical Polishing Slurry Revenue Market Share by Application (2019-2030)
7.2 Global Chemical Polishing Slurry Sales by Application
7.2.1 Global Chemical Polishing Slurry Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Chemical Polishing Slurry Sales by Application (2019-2030) & (MT)
7.2.3 Global Chemical Polishing Slurry Sales Market Share by Application (2019-2030)
7.3 Global Chemical Polishing Slurry Price by Application
8 Company Profiles
8.1 Cabot Microelectronics
8.1.1 Cabot Microelectronics Comapny Information
8.1.2 Cabot Microelectronics Business Overview
8.1.3 Cabot Microelectronics Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Cabot Microelectronics Chemical Polishing Slurry Product Portfolio
8.1.5 Cabot Microelectronics Recent Developments
8.2 DuPont
8.2.1 DuPont Comapny Information
8.2.2 DuPont Business Overview
8.2.3 DuPont Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 DuPont Chemical Polishing Slurry Product Portfolio
8.2.5 DuPont Recent Developments
8.3 Fujimi Incorporated
8.3.1 Fujimi Incorporated Comapny Information
8.3.2 Fujimi Incorporated Business Overview
8.3.3 Fujimi Incorporated Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Fujimi Incorporated Chemical Polishing Slurry Product Portfolio
8.3.5 Fujimi Incorporated Recent Developments
8.4 Air Products/Versum Materials
8.4.1 Air Products/Versum Materials Comapny Information
8.4.2 Air Products/Versum Materials Business Overview
8.4.3 Air Products/Versum Materials Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Air Products/Versum Materials Chemical Polishing Slurry Product Portfolio
8.4.5 Air Products/Versum Materials Recent Developments
8.5 Fujifilm
8.5.1 Fujifilm Comapny Information
8.5.2 Fujifilm Business Overview
8.5.3 Fujifilm Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Fujifilm Chemical Polishing Slurry Product Portfolio
8.5.5 Fujifilm Recent Developments
8.6 Hitachi Chemical
8.6.1 Hitachi Chemical Comapny Information
8.6.2 Hitachi Chemical Business Overview
8.6.3 Hitachi Chemical Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Hitachi Chemical Chemical Polishing Slurry Product Portfolio
8.6.5 Hitachi Chemical Recent Developments
8.7 Saint-Gobain
8.7.1 Saint-Gobain Comapny Information
8.7.2 Saint-Gobain Business Overview
8.7.3 Saint-Gobain Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Saint-Gobain Chemical Polishing Slurry Product Portfolio
8.7.5 Saint-Gobain Recent Developments
8.8 Asahi Glass
8.8.1 Asahi Glass Comapny Information
8.8.2 Asahi Glass Business Overview
8.8.3 Asahi Glass Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Asahi Glass Chemical Polishing Slurry Product Portfolio
8.8.5 Asahi Glass Recent Developments
8.9 Ace Nanochem
8.9.1 Ace Nanochem Comapny Information
8.9.2 Ace Nanochem Business Overview
8.9.3 Ace Nanochem Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Ace Nanochem Chemical Polishing Slurry Product Portfolio
8.9.5 Ace Nanochem Recent Developments
8.10 UWiZ Technology
8.10.1 UWiZ Technology Comapny Information
8.10.2 UWiZ Technology Business Overview
8.10.3 UWiZ Technology Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.10.4 UWiZ Technology Chemical Polishing Slurry Product Portfolio
8.10.5 UWiZ Technology Recent Developments
8.11 WEC Group
8.11.1 WEC Group Comapny Information
8.11.2 WEC Group Business Overview
8.11.3 WEC Group Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.11.4 WEC Group Chemical Polishing Slurry Product Portfolio
8.11.5 WEC Group Recent Developments
8.12 Anji Microelectronics
8.12.1 Anji Microelectronics Comapny Information
8.12.2 Anji Microelectronics Business Overview
8.12.3 Anji Microelectronics Chemical Polishing Slurry Sales, Revenue, Price and Gross Margin (2019-2024)
8.12.4 Anji Microelectronics Chemical Polishing Slurry Product Portfolio
8.12.5 Anji Microelectronics Recent Developments
9 North America
9.1 North America Chemical Polishing Slurry Market Size by Type
9.1.1 North America Chemical Polishing Slurry Revenue by Type (2019-2030)
9.1.2 North America Chemical Polishing Slurry Sales by Type (2019-2030)
9.1.3 North America Chemical Polishing Slurry Price by Type (2019-2030)
9.2 North America Chemical Polishing Slurry Market Size by Application
9.2.1 North America Chemical Polishing Slurry Revenue by Application (2019-2030)
9.2.2 North America Chemical Polishing Slurry Sales by Application (2019-2030)
9.2.3 North America Chemical Polishing Slurry Price by Application (2019-2030)
9.3 North America Chemical Polishing Slurry Market Size by Country
9.3.1 North America Chemical Polishing Slurry Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Chemical Polishing Slurry Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Chemical Polishing Slurry Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Chemical Polishing Slurry Market Size by Type
10.1.1 Europe Chemical Polishing Slurry Revenue by Type (2019-2030)
10.1.2 Europe Chemical Polishing Slurry Sales by Type (2019-2030)
10.1.3 Europe Chemical Polishing Slurry Price by Type (2019-2030)
10.2 Europe Chemical Polishing Slurry Market Size by Application
10.2.1 Europe Chemical Polishing Slurry Revenue by Application (2019-2030)
10.2.2 Europe Chemical Polishing Slurry Sales by Application (2019-2030)
10.2.3 Europe Chemical Polishing Slurry Price by Application (2019-2030)
10.3 Europe Chemical Polishing Slurry Market Size by Country
10.3.1 Europe Chemical Polishing Slurry Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Chemical Polishing Slurry Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Chemical Polishing Slurry Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Chemical Polishing Slurry Market Size by Type
11.1.1 China Chemical Polishing Slurry Revenue by Type (2019-2030)
11.1.2 China Chemical Polishing Slurry Sales by Type (2019-2030)
11.1.3 China Chemical Polishing Slurry Price by Type (2019-2030)
11.2 China Chemical Polishing Slurry Market Size by Application
11.2.1 China Chemical Polishing Slurry Revenue by Application (2019-2030)
11.2.2 China Chemical Polishing Slurry Sales by Application (2019-2030)
11.2.3 China Chemical Polishing Slurry Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Chemical Polishing Slurry Market Size by Type
12.1.1 Asia Chemical Polishing Slurry Revenue by Type (2019-2030)
12.1.2 Asia Chemical Polishing Slurry Sales by Type (2019-2030)
12.1.3 Asia Chemical Polishing Slurry Price by Type (2019-2030)
12.2 Asia Chemical Polishing Slurry Market Size by Application
12.2.1 Asia Chemical Polishing Slurry Revenue by Application (2019-2030)
12.2.2 Asia Chemical Polishing Slurry Sales by Application (2019-2030)
12.2.3 Asia Chemical Polishing Slurry Price by Application (2019-2030)
12.3 Asia Chemical Polishing Slurry Market Size by Country
12.3.1 Asia Chemical Polishing Slurry Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Chemical Polishing Slurry Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Chemical Polishing Slurry Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Chemical Polishing Slurry Market Size by Type
13.1.1 Middle East, Africa and Latin America Chemical Polishing Slurry Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Chemical Polishing Slurry Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Chemical Polishing Slurry Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Chemical Polishing Slurry Market Size by Application
13.2.1 Middle East, Africa and Latin America Chemical Polishing Slurry Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Chemical Polishing Slurry Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Chemical Polishing Slurry Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Chemical Polishing Slurry Market Size by Country
13.3.1 Middle East, Africa and Latin America Chemical Polishing Slurry Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Chemical Polishing Slurry Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Chemical Polishing Slurry Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Chemical Polishing Slurry Value Chain Analysis
14.1.1 Chemical Polishing Slurry Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Chemical Polishing Slurry Production Mode & Process
14.2 Chemical Polishing Slurry Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Chemical Polishing Slurry Distributors
14.2.3 Chemical Polishing Slurry Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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