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| 新型コロナウイルス感染症のパンデミックにより、世界のボイラー廃熱回収システムの市場規模は2022年にUS$xxxと推定され、調査期間中のCAGRはxxx％で、2028年までに再調整された規模はUS$xxxになると予測されています。この医療危機による経済変化を十分に考慮すると、2021年にボイラー廃熱回収システムの世界市場のxxx％を占める「ウォーターウォールHrsg」タイプは、2028年までにUS$xxxの規模になり、パンデミック後の修正xxx％CAGRで成長すると予測されています。一方、「炉排気ガス処理」セグメントは、この予測期間を通じてxxx％のCAGRに変更されます。 中国のボイラー廃熱回収システムの市場規模は2021年にUS$xxxと分析されており、米国とヨーロッパのボイラー廃熱回収システム市場規模はそれぞれUS$xxxとUS$xxxです。米国の割合は2021年にxxx％であり、中国とヨーロッパはそれぞれxxx％とxxx％です。中国の割合は2028年にxxx％に達し、対象期間を通じてxxx％のCAGRを記録すると予測されています。日本、韓国、東南アジアはアジアで注目市場であり、今後6年間のCAGRはそれぞれxxx％、xxx％、xxx％になる見通しです。ヨーロッパのボイラー廃熱回収システム市場については、ドイツは2028年までにUS$xxxに達すると予測されており、予測期間中のCAGRはxxx％になる見通しです。 ボイラー廃熱回収システムのグローバル主要メーカーには、Rentech Boilers、Thermax Limited、Thermodyne Boilers、Kawasaki Heavy Industries, Ltd.、Bosch Industriekessel GmbH、Danstoker A/S、Cleaver-Brooks、HKB、AITESAなどがあります。2021年、世界のトップ5プレイヤーは売上ベースで約xxx％の市場シェアを占めています。 ボイラー廃熱回収システム市場は、種類と用途によって区分されます。世界のボイラー廃熱回収システム市場のプレーヤー、利害関係者、およびその他の参加者は、当レポートを有益なリソースとして使用することで優位に立つことができます。セグメント分析は、2017年～2028年期間のタイプ別および用途別の販売量、売上、予測に焦点を当てています。 【種類別セグメント】 ウォーターウォールHrsg、クロスフロー2ドラムHrsg 【用途別セグメント】 炉排気ガス処理、焼却炉廃ガス処理、その他 【掲載地域】 北米：アメリカ、カナダ ヨーロッパ：ドイツ、フランス、イギリス、イタリア、ロシア アジア太平洋：日本、中国、韓国、インド、オーストラリア、台湾、インドネシア、タイ、マレーシア 中南米：メキシコ、ブラジル、アルゼンチン 中東・アフリカ：トルコ、サウジアラビア、UAE 【目次（一部）】 ・調査の範囲 - ボイラー廃熱回収システム製品概要 - 種類別市場（ウォーターウォールHrsg、クロスフロー2ドラムHrsg） - 用途別市場（炉排気ガス処理、焼却炉廃ガス処理、その他） - 調査の目的 ・エグゼクティブサマリー - 世界のボイラー廃熱回収システム販売量予測2017-2028 - 世界のボイラー廃熱回収システム売上予測2017-2028 - ボイラー廃熱回収システムの地域別販売量 - ボイラー廃熱回収システムの地域別売上 - 北米市場 - ヨーロッパ市場 - アジア太平洋市場 - 中南米市場 - 中東・アフリカ市場 ・メーカーの競争状況 - 主要メーカー別ボイラー廃熱回収システム販売量 - 主要メーカー別ボイラー廃熱回収システム売上 - 主要メーカー別ボイラー廃熱回収システム価格 - 競争状況の分析 - 企業M&A動向 ・種類別市場規模（ウォーターウォールHrsg、クロスフロー2ドラムHrsg） - ボイラー廃熱回収システムの種類別販売量 - ボイラー廃熱回収システムの種類別売上 - ボイラー廃熱回収システムの種類別価格 ・用途別市場規模（炉排気ガス処理、焼却炉廃ガス処理、その他） - ボイラー廃熱回収システムの用途別販売量 - ボイラー廃熱回収システムの用途別売上 - ボイラー廃熱回収システムの用途別価格 ・北米市場 - 北米のボイラー廃熱回収システム市場規模（種類別、用途別） - 主要国別のボイラー廃熱回収システム市場規模（アメリカ、カナダ） ・ヨーロッパ市場 - ヨーロッパのボイラー廃熱回収システム市場規模（種類別、用途別） - 主要国別のボイラー廃熱回収システム市場規模（ドイツ、フランス、イギリス、イタリア、ロシア） ・アジア太平洋市場 - アジア太平洋のボイラー廃熱回収システム市場規模（種類別、用途別） - 主要国別のボイラー廃熱回収システム市場規模（日本、中国、韓国、インド、オーストラリア、台湾、インドネシア、タイ、マレーシア） ・中南米市場 - 中南米のボイラー廃熱回収システム市場規模（種類別、用途別） - 主要国別のボイラー廃熱回収システム市場規模（メキシコ、ブラジル、アルゼンチン） ・中東・アフリカ市場 - 中東・アフリカのボイラー廃熱回収システム市場規模（種類別、用途別） - 主要国別のボイラー廃熱回収システム市場規模（トルコ、サウジアラビア） ・企業情報 Rentech Boilers、Thermax Limited、Thermodyne Boilers、Kawasaki Heavy Industries, Ltd.、Bosch Industriekessel GmbH、Danstoker A/S、Cleaver-Brooks、HKB、AITESA ・産業チェーン及び販売チャネル分析 - ボイラー廃熱回収システムの産業チェーン分析 - ボイラー廃熱回収システムの原材料 - ボイラー廃熱回収システムの生産プロセス - ボイラー廃熱回収システムの販売及びマーケティング - ボイラー廃熱回収システムの主要顧客 ・マーケットドライバー、機会、課題、リスク要因分析 - ボイラー廃熱回収システムの産業動向 - ボイラー廃熱回収システムのマーケットドライバー - ボイラー廃熱回収システムの課題 - ボイラー廃熱回収システムの阻害要因 ・主な調査結果 |
Market Analysis and Insights: Global Boiler Waste Heat Recovery System Market
Due to the COVID-19 pandemic, the global Boiler Waste Heat Recovery System market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Waterwall Hrsg accounting for % of the Boiler Waste Heat Recovery System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Furnace Exhaust Gas Treatment segment is altered to an % CAGR throughout this forecast period.
China Boiler Waste Heat Recovery System market size is valued at US$ million in 2021, while the US and Europe Boiler Waste Heat Recovery System are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Boiler Waste Heat Recovery System landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
The global key manufacturers of Boiler Waste Heat Recovery System include Rentech Boilers, Thermax Limited, Thermodyne Boilers, Kawasaki Heavy Industries, Ltd., Bosch Industriekessel GmbH, Danstoker A/S, Cleaver-Brooks, HKB and AITESA. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Boiler Waste Heat Recovery System capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Boiler Waste Heat Recovery System by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Boiler Waste Heat Recovery System Scope and Segment
Boiler Waste Heat Recovery System market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Boiler Waste Heat Recovery System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Waterwall Hrsg
Cross Flow Two-Drum Hrsg
Segment by Application
Furnace Exhaust Gas Treatment
Incinerator Waste Gas Treatment
Others
By Company
Rentech Boilers
Thermax Limited
Thermodyne Boilers
Kawasaki Heavy Industries, Ltd.
Bosch Industriekessel GmbH
Danstoker A/S
Cleaver-Brooks
HKB
AITESA
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
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
1 Study Coverage
1.1 Boiler Waste Heat Recovery System Product Introduction
1.2 Market by Type
1.2.1 Global Boiler Waste Heat Recovery System Market Size by Type, 2017 VS 2021 VS 2028
1.2.2 Waterwall Hrsg
1.2.3 Cross Flow Two-Drum Hrsg
1.3 Market by Application
1.3.1 Global Boiler Waste Heat Recovery System Market Size by Application, 2017 VS 2021 VS 2028
1.3.2 Furnace Exhaust Gas Treatment
1.3.3 Incinerator Waste Gas Treatment
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Boiler Waste Heat Recovery System Production
2.1 Global Boiler Waste Heat Recovery System Production Capacity (2017-2028)
2.2 Global Boiler Waste Heat Recovery System Production by Region: 2017 VS 2021 VS 2028
2.3 Global Boiler Waste Heat Recovery System Production by Region
2.3.1 Global Boiler Waste Heat Recovery System Historic Production by Region (2017-2022)
2.3.2 Global Boiler Waste Heat Recovery System Forecasted Production by Region (2023-2028)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Global Boiler Waste Heat Recovery System Sales in Volume & Value Estimates and Forecasts
3.1 Global Boiler Waste Heat Recovery System Sales Estimates and Forecasts 2017-2028
3.2 Global Boiler Waste Heat Recovery System Revenue Estimates and Forecasts 2017-2028
3.3 Global Boiler Waste Heat Recovery System Revenue by Region: 2017 VS 2021 VS 2028
3.4 Global Boiler Waste Heat Recovery System Sales by Region
3.4.1 Global Boiler Waste Heat Recovery System Sales by Region (2017-2022)
3.4.2 Global Sales Boiler Waste Heat Recovery System by Region (2023-2028)
3.5 Global Boiler Waste Heat Recovery System Revenue by Region
3.5.1 Global Boiler Waste Heat Recovery System Revenue by Region (2017-2022)
3.5.2 Global Boiler Waste Heat Recovery System Revenue by Region (2023-2028)
3.6 North America
3.7 Europe
3.8 Asia-Pacific
3.9 Latin America
3.10 Middle East & Africa
4 Competition by Manufactures
4.1 Global Boiler Waste Heat Recovery System Production Capacity by Manufacturers
4.2 Global Boiler Waste Heat Recovery System Sales by Manufacturers
4.2.1 Global Boiler Waste Heat Recovery System Sales by Manufacturers (2017-2022)
4.2.2 Global Boiler Waste Heat Recovery System Sales Market Share by Manufacturers (2017-2022)
4.2.3 Global Top 10 and Top 5 Largest Manufacturers of Boiler Waste Heat Recovery System in 2021
4.3 Global Boiler Waste Heat Recovery System Revenue by Manufacturers
4.3.1 Global Boiler Waste Heat Recovery System Revenue by Manufacturers (2017-2022)
4.3.2 Global Boiler Waste Heat Recovery System Revenue Market Share by Manufacturers (2017-2022)
4.3.3 Global Top 10 and Top 5 Companies by Boiler Waste Heat Recovery System Revenue in 2021
4.4 Global Boiler Waste Heat Recovery System Sales Price by Manufacturers
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Boiler Waste Heat Recovery System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5.3 Global Boiler Waste Heat Recovery System Manufacturers Geographical Distribution
4.6 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Boiler Waste Heat Recovery System Sales by Type
5.1.1 Global Boiler Waste Heat Recovery System Historical Sales by Type (2017-2022)
5.1.2 Global Boiler Waste Heat Recovery System Forecasted Sales by Type (2023-2028)
5.1.3 Global Boiler Waste Heat Recovery System Sales Market Share by Type (2017-2028)
5.2 Global Boiler Waste Heat Recovery System Revenue by Type
5.2.1 Global Boiler Waste Heat Recovery System Historical Revenue by Type (2017-2022)
5.2.2 Global Boiler Waste Heat Recovery System Forecasted Revenue by Type (2023-2028)
5.2.3 Global Boiler Waste Heat Recovery System Revenue Market Share by Type (2017-2028)
5.3 Global Boiler Waste Heat Recovery System Price by Type
5.3.1 Global Boiler Waste Heat Recovery System Price by Type (2017-2022)
5.3.2 Global Boiler Waste Heat Recovery System Price Forecast by Type (2023-2028)
6 Market Size by Application
6.1 Global Boiler Waste Heat Recovery System Sales by Application
6.1.1 Global Boiler Waste Heat Recovery System Historical Sales by Application (2017-2022)
6.1.2 Global Boiler Waste Heat Recovery System Forecasted Sales by Application (2023-2028)
6.1.3 Global Boiler Waste Heat Recovery System Sales Market Share by Application (2017-2028)
6.2 Global Boiler Waste Heat Recovery System Revenue by Application
6.2.1 Global Boiler Waste Heat Recovery System Historical Revenue by Application (2017-2022)
6.2.2 Global Boiler Waste Heat Recovery System Forecasted Revenue by Application (2023-2028)
6.2.3 Global Boiler Waste Heat Recovery System Revenue Market Share by Application (2017-2028)
6.3 Global Boiler Waste Heat Recovery System Price by Application
6.3.1 Global Boiler Waste Heat Recovery System Price by Application (2017-2022)
6.3.2 Global Boiler Waste Heat Recovery System Price Forecast by Application (2023-2028)
7 North America
7.1 North America Boiler Waste Heat Recovery System Market Size by Type
7.1.1 North America Boiler Waste Heat Recovery System Sales by Type (2017-2028)
7.1.2 North America Boiler Waste Heat Recovery System Revenue by Type (2017-2028)
7.2 North America Boiler Waste Heat Recovery System Market Size by Application
7.2.1 North America Boiler Waste Heat Recovery System Sales by Application (2017-2028)
7.2.2 North America Boiler Waste Heat Recovery System Revenue by Application (2017-2028)
7.3 North America Boiler Waste Heat Recovery System Sales by Country
7.3.1 North America Boiler Waste Heat Recovery System Sales by Country (2017-2028)
7.3.2 North America Boiler Waste Heat Recovery System Revenue by Country (2017-2028)
7.3.3 United States
7.3.4 Canada
8 Europe
8.1 Europe Boiler Waste Heat Recovery System Market Size by Type
8.1.1 Europe Boiler Waste Heat Recovery System Sales by Type (2017-2028)
8.1.2 Europe Boiler Waste Heat Recovery System Revenue by Type (2017-2028)
8.2 Europe Boiler Waste Heat Recovery System Market Size by Application
8.2.1 Europe Boiler Waste Heat Recovery System Sales by Application (2017-2028)
8.2.2 Europe Boiler Waste Heat Recovery System Revenue by Application (2017-2028)
8.3 Europe Boiler Waste Heat Recovery System Sales by Country
8.3.1 Europe Boiler Waste Heat Recovery System Sales by Country (2017-2028)
8.3.2 Europe Boiler Waste Heat Recovery System Revenue by Country (2017-2028)
8.3.3 Germany
8.3.4 France
8.3.5 U.K.
8.3.6 Italy
8.3.7 Russia
9 Asia Pacific
9.1 Asia Pacific Boiler Waste Heat Recovery System Market Size by Type
9.1.1 Asia Pacific Boiler Waste Heat Recovery System Sales by Type (2017-2028)
9.1.2 Asia Pacific Boiler Waste Heat Recovery System Revenue by Type (2017-2028)
9.2 Asia Pacific Boiler Waste Heat Recovery System Market Size by Application
9.2.1 Asia Pacific Boiler Waste Heat Recovery System Sales by Application (2017-2028)
9.2.2 Asia Pacific Boiler Waste Heat Recovery System Revenue by Application (2017-2028)
9.3 Asia Pacific Boiler Waste Heat Recovery System Sales by Region
9.3.1 Asia Pacific Boiler Waste Heat Recovery System Sales by Region (2017-2028)
9.3.2 Asia Pacific Boiler Waste Heat Recovery System Revenue by Region (2017-2028)
9.3.3 China
9.3.4 Japan
9.3.5 South Korea
9.3.6 India
9.3.7 Australia
9.3.8 China Taiwan
9.3.9 Indonesia
9.3.10 Thailand
9.3.11 Malaysia
10 Latin America
10.1 Latin America Boiler Waste Heat Recovery System Market Size by Type
10.1.1 Latin America Boiler Waste Heat Recovery System Sales by Type (2017-2028)
10.1.2 Latin America Boiler Waste Heat Recovery System Revenue by Type (2017-2028)
10.2 Latin America Boiler Waste Heat Recovery System Market Size by Application
10.2.1 Latin America Boiler Waste Heat Recovery System Sales by Application (2017-2028)
10.2.2 Latin America Boiler Waste Heat Recovery System Revenue by Application (2017-2028)
10.3 Latin America Boiler Waste Heat Recovery System Sales by Country
10.3.1 Latin America Boiler Waste Heat Recovery System Sales by Country (2017-2028)
10.3.2 Latin America Boiler Waste Heat Recovery System Revenue by Country (2017-2028)
10.3.3 Mexico
10.3.4 Brazil
10.3.5 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Boiler Waste Heat Recovery System Market Size by Type
11.1.1 Middle East and Africa Boiler Waste Heat Recovery System Sales by Type (2017-2028)
11.1.2 Middle East and Africa Boiler Waste Heat Recovery System Revenue by Type (2017-2028)
11.2 Middle East and Africa Boiler Waste Heat Recovery System Market Size by Application
11.2.1 Middle East and Africa Boiler Waste Heat Recovery System Sales by Application (2017-2028)
11.2.2 Middle East and Africa Boiler Waste Heat Recovery System Revenue by Application (2017-2028)
11.3 Middle East and Africa Boiler Waste Heat Recovery System Sales by Country
11.3.1 Middle East and Africa Boiler Waste Heat Recovery System Sales by Country (2017-2028)
11.3.2 Middle East and Africa Boiler Waste Heat Recovery System Revenue by Country (2017-2028)
11.3.3 Turkey
11.3.4 Saudi Arabia
11.3.5 UAE
12 Corporate Profiles
12.1 Rentech Boilers
12.1.1 Rentech Boilers Corporation Information
12.1.2 Rentech Boilers Overview
12.1.3 Rentech Boilers Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.1.4 Rentech Boilers Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Rentech Boilers Recent Developments
12.2 Thermax Limited
12.2.1 Thermax Limited Corporation Information
12.2.2 Thermax Limited Overview
12.2.3 Thermax Limited Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.2.4 Thermax Limited Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Thermax Limited Recent Developments
12.3 Thermodyne Boilers
12.3.1 Thermodyne Boilers Corporation Information
12.3.2 Thermodyne Boilers Overview
12.3.3 Thermodyne Boilers Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.3.4 Thermodyne Boilers Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Thermodyne Boilers Recent Developments
12.4 Kawasaki Heavy Industries, Ltd.
12.4.1 Kawasaki Heavy Industries, Ltd. Corporation Information
12.4.2 Kawasaki Heavy Industries, Ltd. Overview
12.4.3 Kawasaki Heavy Industries, Ltd. Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.4.4 Kawasaki Heavy Industries, Ltd. Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Kawasaki Heavy Industries, Ltd. Recent Developments
12.5 Bosch Industriekessel GmbH
12.5.1 Bosch Industriekessel GmbH Corporation Information
12.5.2 Bosch Industriekessel GmbH Overview
12.5.3 Bosch Industriekessel GmbH Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.5.4 Bosch Industriekessel GmbH Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Bosch Industriekessel GmbH Recent Developments
12.6 Danstoker A/S
12.6.1 Danstoker A/S Corporation Information
12.6.2 Danstoker A/S Overview
12.6.3 Danstoker A/S Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.6.4 Danstoker A/S Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Danstoker A/S Recent Developments
12.7 Cleaver-Brooks
12.7.1 Cleaver-Brooks Corporation Information
12.7.2 Cleaver-Brooks Overview
12.7.3 Cleaver-Brooks Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.7.4 Cleaver-Brooks Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Cleaver-Brooks Recent Developments
12.8 HKB
12.8.1 HKB Corporation Information
12.8.2 HKB Overview
12.8.3 HKB Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.8.4 HKB Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 HKB Recent Developments
12.9 AITESA
12.9.1 AITESA Corporation Information
12.9.2 AITESA Overview
12.9.3 AITESA Boiler Waste Heat Recovery System Sales, Price, Revenue and Gross Margin (2017-2022)
12.9.4 AITESA Boiler Waste Heat Recovery System Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 AITESA Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Boiler Waste Heat Recovery System Industry Chain Analysis
13.2 Boiler Waste Heat Recovery System Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Boiler Waste Heat Recovery System Production Mode & Process
13.4 Boiler Waste Heat Recovery System Sales and Marketing
13.4.1 Boiler Waste Heat Recovery System Sales Channels
13.4.2 Boiler Waste Heat Recovery System Distributors
13.5 Boiler Waste Heat Recovery System Customers
14 Market Drivers, Opportunities, Challenges and Risks Factors Analysis
14.1 Boiler Waste Heat Recovery System Industry Trends
14.2 Boiler Waste Heat Recovery System Market Drivers
14.3 Boiler Waste Heat Recovery System Market Challenges
14.4 Boiler Waste Heat Recovery System Market Restraints
15 Key Finding in The Global Boiler Waste Heat Recovery System Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer