Global Cephalosporins and Intermediates Supply, Demand and Key Producers, 2023-2029

Global Cephalosporins and Intermediates Supply, Demand and Key Producers, 2023-2029



The global Cephalosporins and Intermediates market size is expected to reach $ 60830 million by 2029, rising at a market growth of 13.4% CAGR during the forecast period (2023-2029).

The chemical industry market is a broad and diverse economic sector covering the production, processing, distribution and application of chemical products. This market includes all aspects from raw material supply to final product manufacturing, covering a wide range of fields, including petrochemicals, pesticides, fertilizers, plastics, coatings, chemical fibers, medicine, etc. The chemical market plays a key role in various industries, providing essential chemical products for energy, manufacturing, agriculture, medical, construction and consumer goods, among others. The market competition is fierce, and it is constantly evolving and developing under the influence of environmental protection regulations, technological innovation and market demand. As awareness of sustainability and environmental protection increases, the chemical market is increasingly focusing on green and sustainable solutions to meet the needs of global society. Therefore, the chemical industry market is an important economic field with a significant impact on the development of various industries and the global economy.

Cephalosporins are widely used antibiotics. Semi-synthetic antibiotics containing cephem in the cephalosporin molecule are β-lactam antibiotics and are derivatives of 7-aminocephalosporanic acid (7-ACA) in β-lactam antibiotics, so they have similar sterilization mechanism.

This report studies the global Cephalosporins and Intermediates production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Cephalosporins and Intermediates, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cephalosporins and Intermediates that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Cephalosporins and Intermediates total production and demand, 2018-2029, (Tons)

Global Cephalosporins and Intermediates total production value, 2018-2029, (USD Million)

Global Cephalosporins and Intermediates production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Cephalosporins and Intermediates consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: Cephalosporins and Intermediates domestic production, consumption, key domestic manufacturers and share

Global Cephalosporins and Intermediates production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global Cephalosporins and Intermediates production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Cephalosporins and Intermediates production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global Cephalosporins and Intermediates market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yili Chuanning Biology, Suzhou Zhonglian Chemical Pharmaceutical, North China Pharmaceutical, Qiluanti Pharmaceutical, Lupin Pharmaceuticals, Hospira, Dhanuka Laboratories, Fukang Pharmaceutical and Guobang Pharmaceutical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cephalosporins and Intermediates market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Cephalosporins and Intermediates Market, By Region:

United States

China

Europe

Japan

South Korea

ASEAN

India

Rest of World

Global Cephalosporins and Intermediates Market, Segmentation by Type

Cephalosporins

Cephalosporin Pharmaceutical Intermediates

Global Cephalosporins and Intermediates Market, Segmentation by Application

Pharmaceutical

Research

Companies Profiled:

Yili Chuanning Biology

Suzhou Zhonglian Chemical Pharmaceutical

North China Pharmaceutical

Qiluanti Pharmaceutical

Lupin Pharmaceuticals

Hospira

Dhanuka Laboratories

Fukang Pharmaceutical

Guobang Pharmaceutical

Alkem

Xin Litai

Livzon Pharmaceutical Group

Hetero Drugs

CSPC Pharmaceutical Group

TEVA

Orchid Pharma

Taj Pharmaceuticals

Covalent Laboratories

United Pharmaceuticals

Aurobindo

Wockhardt

Lukang Medicine

Nectar Lifesciences

ACS Dobfar

Novartis

Key Questions Answered

1. How big is the global Cephalosporins and Intermediates market?

2. What is the demand of the global Cephalosporins and Intermediates market?

3. What is the year over year growth of the global Cephalosporins and Intermediates market?

4. What is the production and production value of the global Cephalosporins and Intermediates market?

5. Who are the key producers in the global Cephalosporins and Intermediates market?


1 Supply Summary
1.1 Cephalosporins and Intermediates Introduction
1.2 World Cephalosporins and Intermediates Supply & Forecast
1.2.1 World Cephalosporins and Intermediates Production Value (2018 & 2022 & 2029)
1.2.2 World Cephalosporins and Intermediates Production (2018-2029)
1.2.3 World Cephalosporins and Intermediates Pricing Trends (2018-2029)
1.3 World Cephalosporins and Intermediates Production by Region (Based on Production Site)
1.3.1 World Cephalosporins and Intermediates Production Value by Region (2018-2029)
1.3.2 World Cephalosporins and Intermediates Production by Region (2018-2029)
1.3.3 World Cephalosporins and Intermediates Average Price by Region (2018-2029)
1.3.4 North America Cephalosporins and Intermediates Production (2018-2029)
1.3.5 Europe Cephalosporins and Intermediates Production (2018-2029)
1.3.6 China Cephalosporins and Intermediates Production (2018-2029)
1.3.7 Japan Cephalosporins and Intermediates Production (2018-2029)
1.4 Market Drivers, Restraints and Trends
1.4.1 Cephalosporins and Intermediates Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Cephalosporins and Intermediates Major Market Trends
2 Demand Summary
2.1 World Cephalosporins and Intermediates Demand (2018-2029)
2.2 World Cephalosporins and Intermediates Consumption by Region
2.2.1 World Cephalosporins and Intermediates Consumption by Region (2018-2023)
2.2.2 World Cephalosporins and Intermediates Consumption Forecast by Region (2024-2029)
2.3 United States Cephalosporins and Intermediates Consumption (2018-2029)
2.4 China Cephalosporins and Intermediates Consumption (2018-2029)
2.5 Europe Cephalosporins and Intermediates Consumption (2018-2029)
2.6 Japan Cephalosporins and Intermediates Consumption (2018-2029)
2.7 South Korea Cephalosporins and Intermediates Consumption (2018-2029)
2.8 ASEAN Cephalosporins and Intermediates Consumption (2018-2029)
2.9 India Cephalosporins and Intermediates Consumption (2018-2029)
3 World Cephalosporins and Intermediates Manufacturers Competitive Analysis
3.1 World Cephalosporins and Intermediates Production Value by Manufacturer (2018-2023)
3.2 World Cephalosporins and Intermediates Production by Manufacturer (2018-2023)
3.3 World Cephalosporins and Intermediates Average Price by Manufacturer (2018-2023)
3.4 Cephalosporins and Intermediates Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Cephalosporins and Intermediates Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Cephalosporins and Intermediates in 2022
3.5.3 Global Concentration Ratios (CR8) for Cephalosporins and Intermediates in 2022
3.6 Cephalosporins and Intermediates Market: Overall Company Footprint Analysis
3.6.1 Cephalosporins and Intermediates Market: Region Footprint
3.6.2 Cephalosporins and Intermediates Market: Company Product Type Footprint
3.6.3 Cephalosporins and Intermediates Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations
4 United States VS China VS Rest of the World
4.1 United States VS China: Cephalosporins and Intermediates Production Value Comparison
4.1.1 United States VS China: Cephalosporins and Intermediates Production Value Comparison (2018 & 2022 & 2029)
4.1.2 United States VS China: Cephalosporins and Intermediates Production Value Market Share Comparison (2018 & 2022 & 2029)
4.2 United States VS China: Cephalosporins and Intermediates Production Comparison
4.2.1 United States VS China: Cephalosporins and Intermediates Production Comparison (2018 & 2022 & 2029)
4.2.2 United States VS China: Cephalosporins and Intermediates Production Market Share Comparison (2018 & 2022 & 2029)
4.3 United States VS China: Cephalosporins and Intermediates Consumption Comparison
4.3.1 United States VS China: Cephalosporins and Intermediates Consumption Comparison (2018 & 2022 & 2029)
4.3.2 United States VS China: Cephalosporins and Intermediates Consumption Market Share Comparison (2018 & 2022 & 2029)
4.4 United States Based Cephalosporins and Intermediates Manufacturers and Market Share, 2018-2023
4.4.1 United States Based Cephalosporins and Intermediates Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Cephalosporins and Intermediates Production Value (2018-2023)
4.4.3 United States Based Manufacturers Cephalosporins and Intermediates Production (2018-2023)
4.5 China Based Cephalosporins and Intermediates Manufacturers and Market Share
4.5.1 China Based Cephalosporins and Intermediates Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Cephalosporins and Intermediates Production Value (2018-2023)
4.5.3 China Based Manufacturers Cephalosporins and Intermediates Production (2018-2023)
4.6 Rest of World Based Cephalosporins and Intermediates Manufacturers and Market Share, 2018-2023
4.6.1 Rest of World Based Cephalosporins and Intermediates Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Cephalosporins and Intermediates Production Value (2018-2023)
4.6.3 Rest of World Based Manufacturers Cephalosporins and Intermediates Production (2018-2023)
5 Market Analysis by Type
5.1 World Cephalosporins and Intermediates Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
5.2.1 Cephalosporins
5.2.2 Cephalosporin Pharmaceutical Intermediates
5.3 Market Segment by Type
5.3.1 World Cephalosporins and Intermediates Production by Type (2018-2029)
5.3.2 World Cephalosporins and Intermediates Production Value by Type (2018-2029)
5.3.3 World Cephalosporins and Intermediates Average Price by Type (2018-2029)
6 Market Analysis by Application
6.1 World Cephalosporins and Intermediates Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
6.2.1 Pharmaceutical
6.2.2 Research
6.3 Market Segment by Application
6.3.1 World Cephalosporins and Intermediates Production by Application (2018-2029)
6.3.2 World Cephalosporins and Intermediates Production Value by Application (2018-2029)
6.3.3 World Cephalosporins and Intermediates Average Price by Application (2018-2029)
7 Company Profiles
7.1 Yili Chuanning Biology
7.1.1 Yili Chuanning Biology Details
7.1.2 Yili Chuanning Biology Major Business
7.1.3 Yili Chuanning Biology Cephalosporins and Intermediates Product and Services
7.1.4 Yili Chuanning Biology Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.1.5 Yili Chuanning Biology Recent Developments/Updates
7.1.6 Yili Chuanning Biology Competitive Strengths & Weaknesses
7.2 Suzhou Zhonglian Chemical Pharmaceutical
7.2.1 Suzhou Zhonglian Chemical Pharmaceutical Details
7.2.2 Suzhou Zhonglian Chemical Pharmaceutical Major Business
7.2.3 Suzhou Zhonglian Chemical Pharmaceutical Cephalosporins and Intermediates Product and Services
7.2.4 Suzhou Zhonglian Chemical Pharmaceutical Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.2.5 Suzhou Zhonglian Chemical Pharmaceutical Recent Developments/Updates
7.2.6 Suzhou Zhonglian Chemical Pharmaceutical Competitive Strengths & Weaknesses
7.3 North China Pharmaceutical
7.3.1 North China Pharmaceutical Details
7.3.2 North China Pharmaceutical Major Business
7.3.3 North China Pharmaceutical Cephalosporins and Intermediates Product and Services
7.3.4 North China Pharmaceutical Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.3.5 North China Pharmaceutical Recent Developments/Updates
7.3.6 North China Pharmaceutical Competitive Strengths & Weaknesses
7.4 Qiluanti Pharmaceutical
7.4.1 Qiluanti Pharmaceutical Details
7.4.2 Qiluanti Pharmaceutical Major Business
7.4.3 Qiluanti Pharmaceutical Cephalosporins and Intermediates Product and Services
7.4.4 Qiluanti Pharmaceutical Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.4.5 Qiluanti Pharmaceutical Recent Developments/Updates
7.4.6 Qiluanti Pharmaceutical Competitive Strengths & Weaknesses
7.5 Lupin Pharmaceuticals
7.5.1 Lupin Pharmaceuticals Details
7.5.2 Lupin Pharmaceuticals Major Business
7.5.3 Lupin Pharmaceuticals Cephalosporins and Intermediates Product and Services
7.5.4 Lupin Pharmaceuticals Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.5.5 Lupin Pharmaceuticals Recent Developments/Updates
7.5.6 Lupin Pharmaceuticals Competitive Strengths & Weaknesses
7.6 Hospira
7.6.1 Hospira Details
7.6.2 Hospira Major Business
7.6.3 Hospira Cephalosporins and Intermediates Product and Services
7.6.4 Hospira Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.6.5 Hospira Recent Developments/Updates
7.6.6 Hospira Competitive Strengths & Weaknesses
7.7 Dhanuka Laboratories
7.7.1 Dhanuka Laboratories Details
7.7.2 Dhanuka Laboratories Major Business
7.7.3 Dhanuka Laboratories Cephalosporins and Intermediates Product and Services
7.7.4 Dhanuka Laboratories Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.7.5 Dhanuka Laboratories Recent Developments/Updates
7.7.6 Dhanuka Laboratories Competitive Strengths & Weaknesses
7.8 Fukang Pharmaceutical
7.8.1 Fukang Pharmaceutical Details
7.8.2 Fukang Pharmaceutical Major Business
7.8.3 Fukang Pharmaceutical Cephalosporins and Intermediates Product and Services
7.8.4 Fukang Pharmaceutical Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.8.5 Fukang Pharmaceutical Recent Developments/Updates
7.8.6 Fukang Pharmaceutical Competitive Strengths & Weaknesses
7.9 Guobang Pharmaceutical
7.9.1 Guobang Pharmaceutical Details
7.9.2 Guobang Pharmaceutical Major Business
7.9.3 Guobang Pharmaceutical Cephalosporins and Intermediates Product and Services
7.9.4 Guobang Pharmaceutical Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.9.5 Guobang Pharmaceutical Recent Developments/Updates
7.9.6 Guobang Pharmaceutical Competitive Strengths & Weaknesses
7.10 Alkem
7.10.1 Alkem Details
7.10.2 Alkem Major Business
7.10.3 Alkem Cephalosporins and Intermediates Product and Services
7.10.4 Alkem Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.10.5 Alkem Recent Developments/Updates
7.10.6 Alkem Competitive Strengths & Weaknesses
7.11 Xin Litai
7.11.1 Xin Litai Details
7.11.2 Xin Litai Major Business
7.11.3 Xin Litai Cephalosporins and Intermediates Product and Services
7.11.4 Xin Litai Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.11.5 Xin Litai Recent Developments/Updates
7.11.6 Xin Litai Competitive Strengths & Weaknesses
7.12 Livzon Pharmaceutical Group
7.12.1 Livzon Pharmaceutical Group Details
7.12.2 Livzon Pharmaceutical Group Major Business
7.12.3 Livzon Pharmaceutical Group Cephalosporins and Intermediates Product and Services
7.12.4 Livzon Pharmaceutical Group Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.12.5 Livzon Pharmaceutical Group Recent Developments/Updates
7.12.6 Livzon Pharmaceutical Group Competitive Strengths & Weaknesses
7.13 Hetero Drugs
7.13.1 Hetero Drugs Details
7.13.2 Hetero Drugs Major Business
7.13.3 Hetero Drugs Cephalosporins and Intermediates Product and Services
7.13.4 Hetero Drugs Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.13.5 Hetero Drugs Recent Developments/Updates
7.13.6 Hetero Drugs Competitive Strengths & Weaknesses
7.14 CSPC Pharmaceutical Group
7.14.1 CSPC Pharmaceutical Group Details
7.14.2 CSPC Pharmaceutical Group Major Business
7.14.3 CSPC Pharmaceutical Group Cephalosporins and Intermediates Product and Services
7.14.4 CSPC Pharmaceutical Group Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.14.5 CSPC Pharmaceutical Group Recent Developments/Updates
7.14.6 CSPC Pharmaceutical Group Competitive Strengths & Weaknesses
7.15 TEVA
7.15.1 TEVA Details
7.15.2 TEVA Major Business
7.15.3 TEVA Cephalosporins and Intermediates Product and Services
7.15.4 TEVA Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.15.5 TEVA Recent Developments/Updates
7.15.6 TEVA Competitive Strengths & Weaknesses
7.16 Orchid Pharma
7.16.1 Orchid Pharma Details
7.16.2 Orchid Pharma Major Business
7.16.3 Orchid Pharma Cephalosporins and Intermediates Product and Services
7.16.4 Orchid Pharma Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.16.5 Orchid Pharma Recent Developments/Updates
7.16.6 Orchid Pharma Competitive Strengths & Weaknesses
7.17 Taj Pharmaceuticals
7.17.1 Taj Pharmaceuticals Details
7.17.2 Taj Pharmaceuticals Major Business
7.17.3 Taj Pharmaceuticals Cephalosporins and Intermediates Product and Services
7.17.4 Taj Pharmaceuticals Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.17.5 Taj Pharmaceuticals Recent Developments/Updates
7.17.6 Taj Pharmaceuticals Competitive Strengths & Weaknesses
7.18 Covalent Laboratories
7.18.1 Covalent Laboratories Details
7.18.2 Covalent Laboratories Major Business
7.18.3 Covalent Laboratories Cephalosporins and Intermediates Product and Services
7.18.4 Covalent Laboratories Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.18.5 Covalent Laboratories Recent Developments/Updates
7.18.6 Covalent Laboratories Competitive Strengths & Weaknesses
7.19 United Pharmaceuticals
7.19.1 United Pharmaceuticals Details
7.19.2 United Pharmaceuticals Major Business
7.19.3 United Pharmaceuticals Cephalosporins and Intermediates Product and Services
7.19.4 United Pharmaceuticals Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.19.5 United Pharmaceuticals Recent Developments/Updates
7.19.6 United Pharmaceuticals Competitive Strengths & Weaknesses
7.20 Aurobindo
7.20.1 Aurobindo Details
7.20.2 Aurobindo Major Business
7.20.3 Aurobindo Cephalosporins and Intermediates Product and Services
7.20.4 Aurobindo Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.20.5 Aurobindo Recent Developments/Updates
7.20.6 Aurobindo Competitive Strengths & Weaknesses
7.21 Wockhardt
7.21.1 Wockhardt Details
7.21.2 Wockhardt Major Business
7.21.3 Wockhardt Cephalosporins and Intermediates Product and Services
7.21.4 Wockhardt Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.21.5 Wockhardt Recent Developments/Updates
7.21.6 Wockhardt Competitive Strengths & Weaknesses
7.22 Lukang Medicine
7.22.1 Lukang Medicine Details
7.22.2 Lukang Medicine Major Business
7.22.3 Lukang Medicine Cephalosporins and Intermediates Product and Services
7.22.4 Lukang Medicine Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.22.5 Lukang Medicine Recent Developments/Updates
7.22.6 Lukang Medicine Competitive Strengths & Weaknesses
7.23 Nectar Lifesciences
7.23.1 Nectar Lifesciences Details
7.23.2 Nectar Lifesciences Major Business
7.23.3 Nectar Lifesciences Cephalosporins and Intermediates Product and Services
7.23.4 Nectar Lifesciences Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.23.5 Nectar Lifesciences Recent Developments/Updates
7.23.6 Nectar Lifesciences Competitive Strengths & Weaknesses
7.24 ACS Dobfar
7.24.1 ACS Dobfar Details
7.24.2 ACS Dobfar Major Business
7.24.3 ACS Dobfar Cephalosporins and Intermediates Product and Services
7.24.4 ACS Dobfar Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.24.5 ACS Dobfar Recent Developments/Updates
7.24.6 ACS Dobfar Competitive Strengths & Weaknesses
7.25 Novartis
7.25.1 Novartis Details
7.25.2 Novartis Major Business
7.25.3 Novartis Cephalosporins and Intermediates Product and Services
7.25.4 Novartis Cephalosporins and Intermediates Production, Price, Value, Gross Margin and Market Share (2018-2023)
7.25.5 Novartis Recent Developments/Updates
7.25.6 Novartis Competitive Strengths & Weaknesses
8 Industry Chain Analysis
8.1 Cephalosporins and Intermediates Industry Chain
8.2 Cephalosporins and Intermediates Upstream Analysis
8.2.1 Cephalosporins and Intermediates Core Raw Materials
8.2.2 Main Manufacturers of Cephalosporins and Intermediates Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Cephalosporins and Intermediates Production Mode
8.6 Cephalosporins and Intermediates Procurement Model
8.7 Cephalosporins and Intermediates Industry Sales Model and Sales Channels
8.7.1 Cephalosporins and Intermediates Sales Model
8.7.2 Cephalosporins and Intermediates Typical Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer

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