Global Heavy-Duty Tires Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Heavy-Duty Tires Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


Summary

Heavy-duty tire is tire sepcially used for heavy-duty vehicles.

According to APO Research, The global Heavy-Duty Tires 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.

The US & Canada market for Heavy-Duty Tires is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Heavy-Duty Tires is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Heavy-Duty Tires is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Heavy-Duty Tires is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Heavy-Duty Tires include Bridgestone, Michelin, Goodyear, Continental, Zhongce Rubber, Apollo, Chem China, Double Coin Holdings and Guizhou Tire, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Heavy-Duty Tires 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 Heavy-Duty Tires 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 Heavy-Duty Tires, 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 Heavy-Duty Tires, also provides the consumption of main regions and countries. Of the upcoming market potential for Heavy-Duty Tires, 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 Heavy-Duty Tires sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Heavy-Duty Tires 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 Heavy-Duty Tires sales, projected growth trends, production technology, application and end-user industry.

Heavy-Duty Tires segment by Company

Bridgestone
Michelin
Goodyear
Continental
Zhongce Rubber
Apollo
Chem China
Double Coin Holdings
Guizhou Tire
Titan
Prinx Chengshan
Trelleborg
Pirelli
Yokohama Tire
BKT
Linglong Tire
Xugong Tyres
Triangle
Hawk International Rubber
Nokian
Shandong Taishan Tyre
Carlisle
Shandong Yinbao
Sumitomo
Doublestar
Fujian Haian Rubber
JK Tyre
Specialty Tires
Techking Tires
Heavy-Duty Tires segment by Type

Rim Diameter ≤29 inch
29 inch<Rim Diameter≤39 inch
39 inch<Rim Diameter≤49 inch
Rim Diameter >49 inch
Heavy-Duty Tires segment by Application

Heavy Duty Truck Tires
OTR Tires
Agricultural Tires
Heavy-Duty Tires 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 Heavy-Duty Tires 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 Heavy-Duty Tires 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 Heavy-Duty Tires.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Heavy-Duty Tires market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Heavy-Duty Tires industry.
Chapter 3: Detailed analysis of Heavy-Duty Tires market competition landscape. Including Heavy-Duty Tires manufacturers' output value, output and average price from 2019 to 2024, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Heavy-Duty Tires by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Heavy-Duty Tires in 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, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Heavy-Duty Tires Production Value Estimates and Forecasts (2019-2030)
1.2.2 Global Heavy-Duty Tires Production Capacity Estimates and Forecasts (2019-2030)
1.2.3 Global Heavy-Duty Tires Production Estimates and Forecasts (2019-2030)
1.2.4 Global Heavy-Duty Tires Market Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Heavy-Duty Tires Market Dynamics
2.1 Heavy-Duty Tires Industry Trends
2.2 Heavy-Duty Tires Industry Drivers
2.3 Heavy-Duty Tires Industry Opportunities and Challenges
2.4 Heavy-Duty Tires Industry Restraints
3 Heavy-Duty Tires Market by Manufacturers
3.1 Global Heavy-Duty Tires Production Value by Manufacturers (2019-2024)
3.2 Global Heavy-Duty Tires Production by Manufacturers (2019-2024)
3.3 Global Heavy-Duty Tires Average Price by Manufacturers (2019-2024)
3.4 Global Heavy-Duty Tires Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Heavy-Duty Tires Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Heavy-Duty Tires Manufacturers, Product Type & Application
3.7 Global Heavy-Duty Tires Manufacturers Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Heavy-Duty Tires Market CR5 and HHI
3.8.2 Global Top 5 and 10 Heavy-Duty Tires Players Market Share by Production Value in 2023
3.8.3 2023 Heavy-Duty Tires Tier 1, Tier 2, and Tier 3
4 Heavy-Duty Tires Market by Type
4.1 Heavy-Duty Tires Type Introduction
4.1.1 Rim Diameter ≤29 inch
4.1.2 29 inch<Rim Diameter≤39 inch
4.1.3 39 inch<Rim Diameter≤49 inch
4.1.4 Rim Diameter >49 inch
4.2 Global Heavy-Duty Tires Production by Type
4.2.1 Global Heavy-Duty Tires Production by Type (2019 VS 2023 VS 2030)
4.2.2 Global Heavy-Duty Tires Production by Type (2019-2030)
4.2.3 Global Heavy-Duty Tires Production Market Share by Type (2019-2030)
4.3 Global Heavy-Duty Tires Production Value by Type
4.3.1 Global Heavy-Duty Tires Production Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global Heavy-Duty Tires Production Value by Type (2019-2030)
4.3.3 Global Heavy-Duty Tires Production Value Market Share by Type (2019-2030)
5 Heavy-Duty Tires Market by Application
5.1 Heavy-Duty Tires Application Introduction
5.1.1 Heavy Duty Truck Tires
5.1.2 OTR Tires
5.1.3 Agricultural Tires
5.2 Global Heavy-Duty Tires Production by Application
5.2.1 Global Heavy-Duty Tires Production by Application (2019 VS 2023 VS 2030)
5.2.2 Global Heavy-Duty Tires Production by Application (2019-2030)
5.2.3 Global Heavy-Duty Tires Production Market Share by Application (2019-2030)
5.3 Global Heavy-Duty Tires Production Value by Application
5.3.1 Global Heavy-Duty Tires Production Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global Heavy-Duty Tires Production Value by Application (2019-2030)
5.3.3 Global Heavy-Duty Tires Production Value Market Share by Application (2019-2030)
6 Company Profiles
6.1 Bridgestone
6.1.1 Bridgestone Comapny Information
6.1.2 Bridgestone Business Overview
6.1.3 Bridgestone Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.1.4 Bridgestone Heavy-Duty Tires Product Portfolio
6.1.5 Bridgestone Recent Developments
6.2 Michelin
6.2.1 Michelin Comapny Information
6.2.2 Michelin Business Overview
6.2.3 Michelin Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.2.4 Michelin Heavy-Duty Tires Product Portfolio
6.2.5 Michelin Recent Developments
6.3 Goodyear
6.3.1 Goodyear Comapny Information
6.3.2 Goodyear Business Overview
6.3.3 Goodyear Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.3.4 Goodyear Heavy-Duty Tires Product Portfolio
6.3.5 Goodyear Recent Developments
6.4 Continental
6.4.1 Continental Comapny Information
6.4.2 Continental Business Overview
6.4.3 Continental Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.4.4 Continental Heavy-Duty Tires Product Portfolio
6.4.5 Continental Recent Developments
6.5 Zhongce Rubber
6.5.1 Zhongce Rubber Comapny Information
6.5.2 Zhongce Rubber Business Overview
6.5.3 Zhongce Rubber Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.5.4 Zhongce Rubber Heavy-Duty Tires Product Portfolio
6.5.5 Zhongce Rubber Recent Developments
6.6 Apollo
6.6.1 Apollo Comapny Information
6.6.2 Apollo Business Overview
6.6.3 Apollo Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.6.4 Apollo Heavy-Duty Tires Product Portfolio
6.6.5 Apollo Recent Developments
6.7 Chem China
6.7.1 Chem China Comapny Information
6.7.2 Chem China Business Overview
6.7.3 Chem China Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.7.4 Chem China Heavy-Duty Tires Product Portfolio
6.7.5 Chem China Recent Developments
6.8 Double Coin Holdings
6.8.1 Double Coin Holdings Comapny Information
6.8.2 Double Coin Holdings Business Overview
6.8.3 Double Coin Holdings Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.8.4 Double Coin Holdings Heavy-Duty Tires Product Portfolio
6.8.5 Double Coin Holdings Recent Developments
6.9 Guizhou Tire
6.9.1 Guizhou Tire Comapny Information
6.9.2 Guizhou Tire Business Overview
6.9.3 Guizhou Tire Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.9.4 Guizhou Tire Heavy-Duty Tires Product Portfolio
6.9.5 Guizhou Tire Recent Developments
6.10 Titan
6.10.1 Titan Comapny Information
6.10.2 Titan Business Overview
6.10.3 Titan Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.10.4 Titan Heavy-Duty Tires Product Portfolio
6.10.5 Titan Recent Developments
6.11 Prinx Chengshan
6.11.1 Prinx Chengshan Comapny Information
6.11.2 Prinx Chengshan Business Overview
6.11.3 Prinx Chengshan Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.11.4 Prinx Chengshan Heavy-Duty Tires Product Portfolio
6.11.5 Prinx Chengshan Recent Developments
6.12 Trelleborg
6.12.1 Trelleborg Comapny Information
6.12.2 Trelleborg Business Overview
6.12.3 Trelleborg Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.12.4 Trelleborg Heavy-Duty Tires Product Portfolio
6.12.5 Trelleborg Recent Developments
6.13 Pirelli
6.13.1 Pirelli Comapny Information
6.13.2 Pirelli Business Overview
6.13.3 Pirelli Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.13.4 Pirelli Heavy-Duty Tires Product Portfolio
6.13.5 Pirelli Recent Developments
6.14 Yokohama Tire
6.14.1 Yokohama Tire Comapny Information
6.14.2 Yokohama Tire Business Overview
6.14.3 Yokohama Tire Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.14.4 Yokohama Tire Heavy-Duty Tires Product Portfolio
6.14.5 Yokohama Tire Recent Developments
6.15 BKT
6.15.1 BKT Comapny Information
6.15.2 BKT Business Overview
6.15.3 BKT Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.15.4 BKT Heavy-Duty Tires Product Portfolio
6.15.5 BKT Recent Developments
6.16 Linglong Tire
6.16.1 Linglong Tire Comapny Information
6.16.2 Linglong Tire Business Overview
6.16.3 Linglong Tire Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.16.4 Linglong Tire Heavy-Duty Tires Product Portfolio
6.16.5 Linglong Tire Recent Developments
6.17 Xugong Tyres
6.17.1 Xugong Tyres Comapny Information
6.17.2 Xugong Tyres Business Overview
6.17.3 Xugong Tyres Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.17.4 Xugong Tyres Heavy-Duty Tires Product Portfolio
6.17.5 Xugong Tyres Recent Developments
6.18 Triangle
6.18.1 Triangle Comapny Information
6.18.2 Triangle Business Overview
6.18.3 Triangle Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.18.4 Triangle Heavy-Duty Tires Product Portfolio
6.18.5 Triangle Recent Developments
6.19 Hawk International Rubber
6.19.1 Hawk International Rubber Comapny Information
6.19.2 Hawk International Rubber Business Overview
6.19.3 Hawk International Rubber Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.19.4 Hawk International Rubber Heavy-Duty Tires Product Portfolio
6.19.5 Hawk International Rubber Recent Developments
6.20 Nokian
6.20.1 Nokian Comapny Information
6.20.2 Nokian Business Overview
6.20.3 Nokian Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.20.4 Nokian Heavy-Duty Tires Product Portfolio
6.20.5 Nokian Recent Developments
6.21 Shandong Taishan Tyre
6.21.1 Shandong Taishan Tyre Comapny Information
6.21.2 Shandong Taishan Tyre Business Overview
6.21.3 Shandong Taishan Tyre Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.21.4 Shandong Taishan Tyre Heavy-Duty Tires Product Portfolio
6.21.5 Shandong Taishan Tyre Recent Developments
6.22 Carlisle
6.22.1 Carlisle Comapny Information
6.22.2 Carlisle Business Overview
6.22.3 Carlisle Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.22.4 Carlisle Heavy-Duty Tires Product Portfolio
6.22.5 Carlisle Recent Developments
6.23 Shandong Yinbao
6.23.1 Shandong Yinbao Comapny Information
6.23.2 Shandong Yinbao Business Overview
6.23.3 Shandong Yinbao Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.23.4 Shandong Yinbao Heavy-Duty Tires Product Portfolio
6.23.5 Shandong Yinbao Recent Developments
6.24 Sumitomo
6.24.1 Sumitomo Comapny Information
6.24.2 Sumitomo Business Overview
6.24.3 Sumitomo Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.24.4 Sumitomo Heavy-Duty Tires Product Portfolio
6.24.5 Sumitomo Recent Developments
6.25 Doublestar
6.25.1 Doublestar Comapny Information
6.25.2 Doublestar Business Overview
6.25.3 Doublestar Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.25.4 Doublestar Heavy-Duty Tires Product Portfolio
6.25.5 Doublestar Recent Developments
6.26 Fujian Haian Rubber
6.26.1 Fujian Haian Rubber Comapny Information
6.26.2 Fujian Haian Rubber Business Overview
6.26.3 Fujian Haian Rubber Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.26.4 Fujian Haian Rubber Heavy-Duty Tires Product Portfolio
6.26.5 Fujian Haian Rubber Recent Developments
6.27 JK Tyre
6.27.1 JK Tyre Comapny Information
6.27.2 JK Tyre Business Overview
6.27.3 JK Tyre Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.27.4 JK Tyre Heavy-Duty Tires Product Portfolio
6.27.5 JK Tyre Recent Developments
6.28 Specialty Tires
6.28.1 Specialty Tires Comapny Information
6.28.2 Specialty Tires Business Overview
6.28.3 Specialty Tires Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.28.4 Specialty Tires Heavy-Duty Tires Product Portfolio
6.28.5 Specialty Tires Recent Developments
6.29 Techking Tires
6.29.1 Techking Tires Comapny Information
6.29.2 Techking Tires Business Overview
6.29.3 Techking Tires Heavy-Duty Tires Production, Value and Gross Margin (2019-2024)
6.29.4 Techking Tires Heavy-Duty Tires Product Portfolio
6.29.5 Techking Tires Recent Developments
7 Global Heavy-Duty Tires Production by Region
7.1 Global Heavy-Duty Tires Production by Region: 2019 VS 2023 VS 2030
7.2 Global Heavy-Duty Tires Production by Region (2019-2030)
7.2.1 Global Heavy-Duty Tires Production by Region: 2019-2024
7.2.2 Global Heavy-Duty Tires Production by Region (2025-2030)
7.3 Global Heavy-Duty Tires Production by Region: 2019 VS 2023 VS 2030
7.4 Global Heavy-Duty Tires Production Value by Region (2019-2030)
7.4.1 Global Heavy-Duty Tires Production Value by Region: 2019-2024
7.4.2 Global Heavy-Duty Tires Production Value by Region (2025-2030)
7.5 Global Heavy-Duty Tires Market Price Analysis by Region (2019-2024)
7.6 Regional Production Value Trends (2019-2030)
7.6.1 North America Heavy-Duty Tires Production Value (2019-2030)
7.6.2 Europe Heavy-Duty Tires Production Value (2019-2030)
7.6.3 Asia-Pacific Heavy-Duty Tires Production Value (2019-2030)
7.6.4 Latin America Heavy-Duty Tires Production Value (2019-2030)
7.6.5 Middle East & Africa Heavy-Duty Tires Production Value (2019-2030)
8 Global Heavy-Duty Tires Consumption by Region
8.1 Global Heavy-Duty Tires Consumption by Region: 2019 VS 2023 VS 2030
8.2 Global Heavy-Duty Tires Consumption by Region (2019-2030)
8.2.1 Global Heavy-Duty Tires Consumption by Region (2019-2024)
8.2.2 Global Heavy-Duty Tires Consumption by Region (2025-2030)
8.3 North America
8.3.1 North America Heavy-Duty Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.3.2 North America Heavy-Duty Tires Consumption by Country (2019-2030)
8.3.3 U.S.
8.3.4 Canada
8.4 Europe
8.4.1 Europe Heavy-Duty Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.4.2 Europe Heavy-Duty Tires Consumption by Country (2019-2030)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Heavy-Duty Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.5.2 Asia Pacific Heavy-Duty Tires Consumption by Country (2019-2030)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 LAMEA
8.6.1 LAMEA Heavy-Duty Tires Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.6.2 LAMEA Heavy-Duty Tires Consumption by Country (2019-2030)
8.6.3 Mexico
8.6.4 Brazil
8.6.5 Turkey
8.6.6 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Heavy-Duty Tires Value Chain Analysis
9.1.1 Heavy-Duty Tires Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Heavy-Duty Tires Production Mode & Process
9.2 Heavy-Duty Tires Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Heavy-Duty Tires Distributors
9.2.3 Heavy-Duty Tires Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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