Global Industrial Paints and Coatings Additives Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Industrial Paints and Coatings Additives Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


Summary

According to APO Research, The global Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives include 3M, Evonik, DOW, BASF, Lubrizol, Elementis, ADD Additives (IGM), Altana and Arkema, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
In terms of production side, this report researches the Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives, 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 Industrial Paints and Coatings Additives, also provides the consumption of main regions and countries. Of the upcoming market potential for Industrial Paints and Coatings Additives, 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 Industrial Paints and Coatings Additives sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives sales, projected growth trends, production technology, application and end-user industry.

Industrial Paints and Coatings Additives segment by Company

3M
Evonik
DOW
BASF
Lubrizol
Elementis
ADD Additives (IGM)
Altana
Arkema
Borchers
BYK
Clariant
Kao Chemicals
Advancion
BioCote
CAS Additives
King Industries
K-Tech
Kyoeisha Chemical
Momentive
Zhihui Fine Chemicals
Santol Chemical
GAXSN
Vibrantz
Rudolf
Nouryon
Flood
Industrial Paints and Coatings Additives segment by Type

Preservative Agent
Dispersant Agent
Leveling Agent
Defoaming Agent
Industrial Paints and Coatings Additives segment by Application

Automotive
Metal Processing
Architecture
Aerospace
Others
Industrial Paints and Coatings Additives segment by Region

North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives.
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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives industry.
Chapter 3: Detailed analysis of Industrial Paints and Coatings Additives market competition landscape. Including Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives Production Value Estimates and Forecasts (2019-2030)
1.2.2 Global Industrial Paints and Coatings Additives Production Capacity Estimates and Forecasts (2019-2030)
1.2.3 Global Industrial Paints and Coatings Additives Production Estimates and Forecasts (2019-2030)
1.2.4 Global Industrial Paints and Coatings Additives Market Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Industrial Paints and Coatings Additives Market Dynamics
2.1 Industrial Paints and Coatings Additives Industry Trends
2.2 Industrial Paints and Coatings Additives Industry Drivers
2.3 Industrial Paints and Coatings Additives Industry Opportunities and Challenges
2.4 Industrial Paints and Coatings Additives Industry Restraints
3 Industrial Paints and Coatings Additives Market by Manufacturers
3.1 Global Industrial Paints and Coatings Additives Production Value by Manufacturers (2019-2024)
3.2 Global Industrial Paints and Coatings Additives Production by Manufacturers (2019-2024)
3.3 Global Industrial Paints and Coatings Additives Average Price by Manufacturers (2019-2024)
3.4 Global Industrial Paints and Coatings Additives Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Industrial Paints and Coatings Additives Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Industrial Paints and Coatings Additives Manufacturers, Product Type & Application
3.7 Global Industrial Paints and Coatings Additives Manufacturers Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Industrial Paints and Coatings Additives Market CR5 and HHI
3.8.2 Global Top 5 and 10 Industrial Paints and Coatings Additives Players Market Share by Production Value in 2023
3.8.3 2023 Industrial Paints and Coatings Additives Tier 1, Tier 2, and Tier 3
4 Industrial Paints and Coatings Additives Market by Type
4.1 Industrial Paints and Coatings Additives Type Introduction
4.1.1 Preservative Agent
4.1.2 Dispersant Agent
4.1.3 Leveling Agent
4.1.4 Defoaming Agent
4.2 Global Industrial Paints and Coatings Additives Production by Type
4.2.1 Global Industrial Paints and Coatings Additives Production by Type (2019 VS 2023 VS 2030)
4.2.2 Global Industrial Paints and Coatings Additives Production by Type (2019-2030)
4.2.3 Global Industrial Paints and Coatings Additives Production Market Share by Type (2019-2030)
4.3 Global Industrial Paints and Coatings Additives Production Value by Type
4.3.1 Global Industrial Paints and Coatings Additives Production Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global Industrial Paints and Coatings Additives Production Value by Type (2019-2030)
4.3.3 Global Industrial Paints and Coatings Additives Production Value Market Share by Type (2019-2030)
5 Industrial Paints and Coatings Additives Market by Application
5.1 Industrial Paints and Coatings Additives Application Introduction
5.1.1 Automotive
5.1.2 Metal Processing
5.1.3 Architecture
5.1.4 Aerospace
5.1.5 Others
5.2 Global Industrial Paints and Coatings Additives Production by Application
5.2.1 Global Industrial Paints and Coatings Additives Production by Application (2019 VS 2023 VS 2030)
5.2.2 Global Industrial Paints and Coatings Additives Production by Application (2019-2030)
5.2.3 Global Industrial Paints and Coatings Additives Production Market Share by Application (2019-2030)
5.3 Global Industrial Paints and Coatings Additives Production Value by Application
5.3.1 Global Industrial Paints and Coatings Additives Production Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global Industrial Paints and Coatings Additives Production Value by Application (2019-2030)
5.3.3 Global Industrial Paints and Coatings Additives Production Value Market Share by Application (2019-2030)
6 Company Profiles
6.1 3M
6.1.1 3M Comapny Information
6.1.2 3M Business Overview
6.1.3 3M Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.1.4 3M Industrial Paints and Coatings Additives Product Portfolio
6.1.5 3M Recent Developments
6.2 Evonik
6.2.1 Evonik Comapny Information
6.2.2 Evonik Business Overview
6.2.3 Evonik Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.2.4 Evonik Industrial Paints and Coatings Additives Product Portfolio
6.2.5 Evonik Recent Developments
6.3 DOW
6.3.1 DOW Comapny Information
6.3.2 DOW Business Overview
6.3.3 DOW Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.3.4 DOW Industrial Paints and Coatings Additives Product Portfolio
6.3.5 DOW Recent Developments
6.4 BASF
6.4.1 BASF Comapny Information
6.4.2 BASF Business Overview
6.4.3 BASF Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.4.4 BASF Industrial Paints and Coatings Additives Product Portfolio
6.4.5 BASF Recent Developments
6.5 Lubrizol
6.5.1 Lubrizol Comapny Information
6.5.2 Lubrizol Business Overview
6.5.3 Lubrizol Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.5.4 Lubrizol Industrial Paints and Coatings Additives Product Portfolio
6.5.5 Lubrizol Recent Developments
6.6 Elementis
6.6.1 Elementis Comapny Information
6.6.2 Elementis Business Overview
6.6.3 Elementis Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.6.4 Elementis Industrial Paints and Coatings Additives Product Portfolio
6.6.5 Elementis Recent Developments
6.7 ADD Additives (IGM)
6.7.1 ADD Additives (IGM) Comapny Information
6.7.2 ADD Additives (IGM) Business Overview
6.7.3 ADD Additives (IGM) Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.7.4 ADD Additives (IGM) Industrial Paints and Coatings Additives Product Portfolio
6.7.5 ADD Additives (IGM) Recent Developments
6.8 Altana
6.8.1 Altana Comapny Information
6.8.2 Altana Business Overview
6.8.3 Altana Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.8.4 Altana Industrial Paints and Coatings Additives Product Portfolio
6.8.5 Altana Recent Developments
6.9 Arkema
6.9.1 Arkema Comapny Information
6.9.2 Arkema Business Overview
6.9.3 Arkema Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.9.4 Arkema Industrial Paints and Coatings Additives Product Portfolio
6.9.5 Arkema Recent Developments
6.10 Borchers
6.10.1 Borchers Comapny Information
6.10.2 Borchers Business Overview
6.10.3 Borchers Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.10.4 Borchers Industrial Paints and Coatings Additives Product Portfolio
6.10.5 Borchers Recent Developments
6.11 BYK
6.11.1 BYK Comapny Information
6.11.2 BYK Business Overview
6.11.3 BYK Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.11.4 BYK Industrial Paints and Coatings Additives Product Portfolio
6.11.5 BYK Recent Developments
6.12 Clariant
6.12.1 Clariant Comapny Information
6.12.2 Clariant Business Overview
6.12.3 Clariant Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.12.4 Clariant Industrial Paints and Coatings Additives Product Portfolio
6.12.5 Clariant Recent Developments
6.13 Kao Chemicals
6.13.1 Kao Chemicals Comapny Information
6.13.2 Kao Chemicals Business Overview
6.13.3 Kao Chemicals Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.13.4 Kao Chemicals Industrial Paints and Coatings Additives Product Portfolio
6.13.5 Kao Chemicals Recent Developments
6.14 Advancion
6.14.1 Advancion Comapny Information
6.14.2 Advancion Business Overview
6.14.3 Advancion Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.14.4 Advancion Industrial Paints and Coatings Additives Product Portfolio
6.14.5 Advancion Recent Developments
6.15 BioCote
6.15.1 BioCote Comapny Information
6.15.2 BioCote Business Overview
6.15.3 BioCote Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.15.4 BioCote Industrial Paints and Coatings Additives Product Portfolio
6.15.5 BioCote Recent Developments
6.16 CAS Additives
6.16.1 CAS Additives Comapny Information
6.16.2 CAS Additives Business Overview
6.16.3 CAS Additives Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.16.4 CAS Additives Industrial Paints and Coatings Additives Product Portfolio
6.16.5 CAS Additives Recent Developments
6.17 King Industries
6.17.1 King Industries Comapny Information
6.17.2 King Industries Business Overview
6.17.3 King Industries Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.17.4 King Industries Industrial Paints and Coatings Additives Product Portfolio
6.17.5 King Industries Recent Developments
6.18 K-Tech
6.18.1 K-Tech Comapny Information
6.18.2 K-Tech Business Overview
6.18.3 K-Tech Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.18.4 K-Tech Industrial Paints and Coatings Additives Product Portfolio
6.18.5 K-Tech Recent Developments
6.19 Kyoeisha Chemical
6.19.1 Kyoeisha Chemical Comapny Information
6.19.2 Kyoeisha Chemical Business Overview
6.19.3 Kyoeisha Chemical Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.19.4 Kyoeisha Chemical Industrial Paints and Coatings Additives Product Portfolio
6.19.5 Kyoeisha Chemical Recent Developments
6.20 Momentive
6.20.1 Momentive Comapny Information
6.20.2 Momentive Business Overview
6.20.3 Momentive Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.20.4 Momentive Industrial Paints and Coatings Additives Product Portfolio
6.20.5 Momentive Recent Developments
6.21 Zhihui Fine Chemicals
6.21.1 Zhihui Fine Chemicals Comapny Information
6.21.2 Zhihui Fine Chemicals Business Overview
6.21.3 Zhihui Fine Chemicals Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.21.4 Zhihui Fine Chemicals Industrial Paints and Coatings Additives Product Portfolio
6.21.5 Zhihui Fine Chemicals Recent Developments
6.22 Santol Chemical
6.22.1 Santol Chemical Comapny Information
6.22.2 Santol Chemical Business Overview
6.22.3 Santol Chemical Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.22.4 Santol Chemical Industrial Paints and Coatings Additives Product Portfolio
6.22.5 Santol Chemical Recent Developments
6.23 GAXSN
6.23.1 GAXSN Comapny Information
6.23.2 GAXSN Business Overview
6.23.3 GAXSN Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.23.4 GAXSN Industrial Paints and Coatings Additives Product Portfolio
6.23.5 GAXSN Recent Developments
6.24 Vibrantz
6.24.1 Vibrantz Comapny Information
6.24.2 Vibrantz Business Overview
6.24.3 Vibrantz Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.24.4 Vibrantz Industrial Paints and Coatings Additives Product Portfolio
6.24.5 Vibrantz Recent Developments
6.25 Rudolf
6.25.1 Rudolf Comapny Information
6.25.2 Rudolf Business Overview
6.25.3 Rudolf Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.25.4 Rudolf Industrial Paints and Coatings Additives Product Portfolio
6.25.5 Rudolf Recent Developments
6.26 Nouryon
6.26.1 Nouryon Comapny Information
6.26.2 Nouryon Business Overview
6.26.3 Nouryon Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.26.4 Nouryon Industrial Paints and Coatings Additives Product Portfolio
6.26.5 Nouryon Recent Developments
6.27 Flood
6.27.1 Flood Comapny Information
6.27.2 Flood Business Overview
6.27.3 Flood Industrial Paints and Coatings Additives Production, Value and Gross Margin (2019-2024)
6.27.4 Flood Industrial Paints and Coatings Additives Product Portfolio
6.27.5 Flood Recent Developments
7 Global Industrial Paints and Coatings Additives Production by Region
7.1 Global Industrial Paints and Coatings Additives Production by Region: 2019 VS 2023 VS 2030
7.2 Global Industrial Paints and Coatings Additives Production by Region (2019-2030)
7.2.1 Global Industrial Paints and Coatings Additives Production by Region: 2019-2024
7.2.2 Global Industrial Paints and Coatings Additives Production by Region (2025-2030)
7.3 Global Industrial Paints and Coatings Additives Production by Region: 2019 VS 2023 VS 2030
7.4 Global Industrial Paints and Coatings Additives Production Value by Region (2019-2030)
7.4.1 Global Industrial Paints and Coatings Additives Production Value by Region: 2019-2024
7.4.2 Global Industrial Paints and Coatings Additives Production Value by Region (2025-2030)
7.5 Global Industrial Paints and Coatings Additives Market Price Analysis by Region (2019-2024)
7.6 Regional Production Value Trends (2019-2030)
7.6.1 North America Industrial Paints and Coatings Additives Production Value (2019-2030)
7.6.2 Europe Industrial Paints and Coatings Additives Production Value (2019-2030)
7.6.3 Asia-Pacific Industrial Paints and Coatings Additives Production Value (2019-2030)
7.6.4 Latin America Industrial Paints and Coatings Additives Production Value (2019-2030)
7.6.5 Middle East & Africa Industrial Paints and Coatings Additives Production Value (2019-2030)
8 Global Industrial Paints and Coatings Additives Consumption by Region
8.1 Global Industrial Paints and Coatings Additives Consumption by Region: 2019 VS 2023 VS 2030
8.2 Global Industrial Paints and Coatings Additives Consumption by Region (2019-2030)
8.2.1 Global Industrial Paints and Coatings Additives Consumption by Region (2019-2024)
8.2.2 Global Industrial Paints and Coatings Additives Consumption by Region (2025-2030)
8.3 North America
8.3.1 North America Industrial Paints and Coatings Additives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.3.2 North America Industrial Paints and Coatings Additives Consumption by Country (2019-2030)
8.3.3 U.S.
8.3.4 Canada
8.4 Europe
8.4.1 Europe Industrial Paints and Coatings Additives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.4.2 Europe Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.5.2 Asia Pacific Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
8.6.2 LAMEA Industrial Paints and Coatings Additives 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 Industrial Paints and Coatings Additives Value Chain Analysis
9.1.1 Industrial Paints and Coatings Additives Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Industrial Paints and Coatings Additives Production Mode & Process
9.2 Industrial Paints and Coatings Additives Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Industrial Paints and Coatings Additives Distributors
9.2.3 Industrial Paints and Coatings Additives 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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