Selected research
Market Analysis & Forecast
Global Wet Multi-Disc Brake Market Analysis and Forecast 2026-2032
Market perspective
The global Wet Multi-Disc Brake market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Wet Multi-Disc Brake's global sales reached XX (k units) with a value of US$ XX Million, marking an change of XX% compared to the previous year. This performance has positioned ZF MICO as the global sales leader, a title it has maintained for several consecutive years. Notably, ZF MICO's performance in primary markets is also remarkable. In the Chinese market, sales were XX (k units), a change of XX% from the previous year. In Europe, sales were XX (k units), showing a year-on-year of XX%. In the US, sales were XX (k units), a year-on-year change of XX%.
The major global manufacturers in the Wet Multi-Disc Brake market include ZF MICO, Knott, Regal Rexnord, Doosan, Ortlinghaus Group, Meritor, Inc, Ausco Products, Inc, Southcott Pty Ltd and KESSLER, etc. In 2025, the top three vendors accounted for approximately % of the revenue.
Read the full market overview
In terms of production side, this report researches the Wet Multi-Disc Brake production, growth rate, market share by manufacturers and by region (region level and country level), from 2021 to 2026, and forecast to 2032.
In terms of consumption side, this report focuses on the sales of Wet Multi-Disc Brake by region (region level and country level), by Company, by Type and by Application. from 2021 to 2026 and forecast to 2032.
This report presents an overview of global market for Wet Multi-Disc Brake, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Wet Multi-Disc Brake, also provides the consumption of main regions and countries. Of the upcoming market potential for Wet Multi-Disc Brake, 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 Wet Multi-Disc Brake sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Wet Multi-Disc Brake 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 2021 to 2032. Evaluation and forecast the market size for Wet Multi-Disc Brake sales, projected growth trends, production technology, application and end-user industry.
Wet Multi-Disc Brake Segment by Company
ZF MICO
Knott
Regal Rexnord
Doosan
Ortlinghaus Group
Meritor, Inc
Ausco Products, Inc
Southcott Pty Ltd
KESSLER
Jiangsu Kayton
Wet Multi-Disc Brake Segment by Type
Oil Sump Cooled Brakes
Forced Cooling Brakes
Wet Multi-Disc Brake Segment by Application
Construction Machinery
Automobile
Other
Wet Multi-Disc Brake Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
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 Wet Multi-Disc Brake 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 Wet Multi-Disc Brake 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 Wet Multi-Disc Brake.
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: Wet Multi-Disc Brake 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 Wet Multi-Disc Brake 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 Wet Multi-Disc Brake 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, Wet Multi-Disc Brake sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America 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: South America, Middle East and Africa 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.
More report detail
Tables and figures
Scope & coverage.
Types
- Oil Sump Cooled Brakes
- Forced Cooling Brakes
Applications
- Construction Machinery
- Automobile
- Other
Companies covered
- ZF MICO
- Knott
- Regal Rexnord
- Doosan
- Ortlinghaus Group
- Meritor, Inc
- Ausco Products, Inc
- Southcott Pty Ltd
- KESSLER
- Jiangsu Kayton
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Wet Multi-Disc Brake Market by Type
- 1.2.1 Global Wet Multi-Disc Brake Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Oil Sump Cooled Brakes
- 1.2.3 Forced Cooling Brakes
- 1.3 Wet Multi-Disc Brake Market by Application
- 1.3.1 Global Wet Multi-Disc Brake Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Construction Machinery
- 1.3.3 Automobile
- 1.3.4 Other
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Wet Multi-Disc Brake Market Dynamics
- 2.1 Wet Multi-Disc Brake Industry Trends
- 2.2 Wet Multi-Disc Brake Industry Drivers
- 2.3 Wet Multi-Disc Brake Industry Opportunities and Challenges
- 2.4 Wet Multi-Disc Brake Industry Restraints
3 Global Wet Multi-Disc Brake Production Overview
- 3.1 Global Wet Multi-Disc Brake Production Capacity (2021-2032)
- 3.2 Global Wet Multi-Disc Brake Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Wet Multi-Disc Brake Production by Region
- 3.3.1 Global Wet Multi-Disc Brake Production by Region (2021-2026)
- 3.3.2 Global Wet Multi-Disc Brake Production by Region (2027-2032)
- 3.3.3 Global Wet Multi-Disc Brake Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
4 Global Market Growth Prospects
- 4.1 Global Wet Multi-Disc Brake Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Wet Multi-Disc Brake Revenue by Region
- 4.2.1 Global Wet Multi-Disc Brake Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Wet Multi-Disc Brake Revenue by Region (2021-2026)
- 4.2.3 Global Wet Multi-Disc Brake Revenue by Region (2027-2032)
- 4.2.4 Global Wet Multi-Disc Brake Revenue Market Share by Region (2021-2032)
- 4.3 Global Wet Multi-Disc Brake Sales Estimates and Forecasts 2021-2032
- 4.4 Global Wet Multi-Disc Brake Sales by Region
- 4.4.1 Global Wet Multi-Disc Brake Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Wet Multi-Disc Brake Sales by Region (2021-2026)
- 4.4.3 Global Wet Multi-Disc Brake Sales by Region (2027-2032)
- 4.4.4 Global Wet Multi-Disc Brake Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Wet Multi-Disc Brake Revenue by Manufacturers
- 5.1.1 Global Wet Multi-Disc Brake Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Wet Multi-Disc Brake Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Wet Multi-Disc Brake Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Wet Multi-Disc Brake Sales by Manufacturers
- 5.2.1 Global Wet Multi-Disc Brake Sales by Manufacturers (2021-2026)
- 5.2.2 Global Wet Multi-Disc Brake Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Wet Multi-Disc Brake Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Wet Multi-Disc Brake Sales Price by Manufacturers (2021-2026)
- 5.4 Global Wet Multi-Disc Brake Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Wet Multi-Disc Brake Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Wet Multi-Disc Brake Manufacturers, Product Type & Application
- 5.7 Global Wet Multi-Disc Brake Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Wet Multi-Disc Brake Market CR5 and HHI
- 5.8.2 2025 Wet Multi-Disc Brake Tier 1, Tier 2, and Tier 3
6 Wet Multi-Disc Brake Market by Type
- 6.1 Global Wet Multi-Disc Brake Revenue by Type
- 6.1.1 Global Wet Multi-Disc Brake Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Wet Multi-Disc Brake Revenue Market Share by Type (2021-2032)
- 6.2 Global Wet Multi-Disc Brake Sales by Type
- 6.2.1 Global Wet Multi-Disc Brake Sales by Type (2021-2032) & (k units)
- 6.2.2 Global Wet Multi-Disc Brake Sales Market Share by Type (2021-2032)
- 6.3 Global Wet Multi-Disc Brake Price by Type
7 Wet Multi-Disc Brake Market by Application
- 7.1 Global Wet Multi-Disc Brake Revenue by Application
- 7.1.1 Global Wet Multi-Disc Brake Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Wet Multi-Disc Brake Revenue Market Share by Application (2021-2032)
- 7.2 Global Wet Multi-Disc Brake Sales by Application
- 7.2.1 Global Wet Multi-Disc Brake Sales by Application (2021-2032) & (k units)
- 7.2.2 Global Wet Multi-Disc Brake Sales Market Share by Application (2021-2032)
- 7.3 Global Wet Multi-Disc Brake Price by Application
8 Company Profiles
- 8.1 ZF MICO
- 8.1.1 ZF MICO Company Information
- 8.1.2 ZF MICO Business Overview
- 8.1.3 ZF MICO Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 ZF MICO Wet Multi-Disc Brake Product Portfolio
- 8.1.5 ZF MICO Recent Developments
- 8.2 Knott
- 8.2.1 Knott Company Information
- 8.2.2 Knott Business Overview
- 8.2.3 Knott Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 Knott Wet Multi-Disc Brake Product Portfolio
- 8.2.5 Knott Recent Developments
- 8.3 Regal Rexnord
- 8.3.1 Regal Rexnord Company Information
- 8.3.2 Regal Rexnord Business Overview
- 8.3.3 Regal Rexnord Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 Regal Rexnord Wet Multi-Disc Brake Product Portfolio
- 8.3.5 Regal Rexnord Recent Developments
- 8.4 Doosan
- 8.4.1 Doosan Company Information
- 8.4.2 Doosan Business Overview
- 8.4.3 Doosan Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 Doosan Wet Multi-Disc Brake Product Portfolio
- 8.4.5 Doosan Recent Developments
- 8.5 Ortlinghaus Group
- 8.5.1 Ortlinghaus Group Company Information
- 8.5.2 Ortlinghaus Group Business Overview
- 8.5.3 Ortlinghaus Group Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 Ortlinghaus Group Wet Multi-Disc Brake Product Portfolio
- 8.5.5 Ortlinghaus Group Recent Developments
- 8.6 Meritor, Inc
- 8.6.1 Meritor, Inc Company Information
- 8.6.2 Meritor, Inc Business Overview
- 8.6.3 Meritor, Inc Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 Meritor, Inc Wet Multi-Disc Brake Product Portfolio
- 8.6.5 Meritor, Inc Recent Developments
- 8.7 Ausco Products, Inc
- 8.7.1 Ausco Products, Inc Company Information
- 8.7.2 Ausco Products, Inc Business Overview
- 8.7.3 Ausco Products, Inc Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 Ausco Products, Inc Wet Multi-Disc Brake Product Portfolio
- 8.7.5 Ausco Products, Inc Recent Developments
- 8.8 Southcott Pty Ltd
- 8.8.1 Southcott Pty Ltd Company Information
- 8.8.2 Southcott Pty Ltd Business Overview
- 8.8.3 Southcott Pty Ltd Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 Southcott Pty Ltd Wet Multi-Disc Brake Product Portfolio
- 8.8.5 Southcott Pty Ltd Recent Developments
- 8.9 KESSLER
- 8.9.1 KESSLER Company Information
- 8.9.2 KESSLER Business Overview
- 8.9.3 KESSLER Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 KESSLER Wet Multi-Disc Brake Product Portfolio
- 8.9.5 KESSLER Recent Developments
- 8.10 Jiangsu Kayton
- 8.10.1 Jiangsu Kayton Company Information
- 8.10.2 Jiangsu Kayton Business Overview
- 8.10.3 Jiangsu Kayton Wet Multi-Disc Brake Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.10.4 Jiangsu Kayton Wet Multi-Disc Brake Product Portfolio
- 8.10.5 Jiangsu Kayton Recent Developments
9 North America
- 9.1 North America Wet Multi-Disc Brake Market Size by Type
- 9.1.1 North America Wet Multi-Disc Brake Revenue by Type (2021-2032)
- 9.1.2 North America Wet Multi-Disc Brake Sales by Type (2021-2032)
- 9.1.3 North America Wet Multi-Disc Brake Price by Type (2021-2032)
- 9.2 North America Wet Multi-Disc Brake Market Size by Application
- 9.2.1 North America Wet Multi-Disc Brake Revenue by Application (2021-2032)
- 9.2.2 North America Wet Multi-Disc Brake Sales by Application (2021-2032)
- 9.2.3 North America Wet Multi-Disc Brake Price by Application (2021-2032)
- 9.3 North America Wet Multi-Disc Brake Market Size by Country
- 9.3.1 North America Wet Multi-Disc Brake Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Wet Multi-Disc Brake Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Wet Multi-Disc Brake Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Wet Multi-Disc Brake Market Size by Type
- 10.1.1 Europe Wet Multi-Disc Brake Revenue by Type (2021-2032)
- 10.1.2 Europe Wet Multi-Disc Brake Sales by Type (2021-2032)
- 10.1.3 Europe Wet Multi-Disc Brake Price by Type (2021-2032)
- 10.2 Europe Wet Multi-Disc Brake Market Size by Application
- 10.2.1 Europe Wet Multi-Disc Brake Revenue by Application (2021-2032)
- 10.2.2 Europe Wet Multi-Disc Brake Sales by Application (2021-2032)
- 10.2.3 Europe Wet Multi-Disc Brake Price by Application (2021-2032)
- 10.3 Europe Wet Multi-Disc Brake Market Size by Country
- 10.3.1 Europe Wet Multi-Disc Brake Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Wet Multi-Disc Brake Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Wet Multi-Disc Brake Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Wet Multi-Disc Brake Market Size by Type
- 11.1.1 China Wet Multi-Disc Brake Revenue by Type (2021-2032)
- 11.1.2 China Wet Multi-Disc Brake Sales by Type (2021-2032)
- 11.1.3 China Wet Multi-Disc Brake Price by Type (2021-2032)
- 11.2 China Wet Multi-Disc Brake Market Size by Application
- 11.2.1 China Wet Multi-Disc Brake Revenue by Application (2021-2032)
- 11.2.2 China Wet Multi-Disc Brake Sales by Application (2021-2032)
- 11.2.3 China Wet Multi-Disc Brake Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Wet Multi-Disc Brake Market Size by Type
- 12.1.1 Asia Wet Multi-Disc Brake Revenue by Type (2021-2032)
- 12.1.2 Asia Wet Multi-Disc Brake Sales by Type (2021-2032)
- 12.1.3 Asia Wet Multi-Disc Brake Price by Type (2021-2032)
- 12.2 Asia Wet Multi-Disc Brake Market Size by Application
- 12.2.1 Asia Wet Multi-Disc Brake Revenue by Application (2021-2032)
- 12.2.2 Asia Wet Multi-Disc Brake Sales by Application (2021-2032)
- 12.2.3 Asia Wet Multi-Disc Brake Price by Application (2021-2032)
- 12.3 Asia Wet Multi-Disc Brake Market Size by Country
- 12.3.1 Asia Wet Multi-Disc Brake Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Wet Multi-Disc Brake Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Wet Multi-Disc Brake Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Wet Multi-Disc Brake Market Size by Type
- 13.1.1 SAMEA Wet Multi-Disc Brake Revenue by Type (2021-2032)
- 13.1.2 SAMEA Wet Multi-Disc Brake Sales by Type (2021-2032)
- 13.1.3 SAMEA Wet Multi-Disc Brake Price by Type (2021-2032)
- 13.2 SAMEA Wet Multi-Disc Brake Market Size by Application
- 13.2.1 SAMEA Wet Multi-Disc Brake Revenue by Application (2021-2032)
- 13.2.2 SAMEA Wet Multi-Disc Brake Sales by Application (2021-2032)
- 13.2.3 SAMEA Wet Multi-Disc Brake Price by Application (2021-2032)
- 13.3 SAMEA Wet Multi-Disc Brake Market Size by Country
- 13.3.1 SAMEA Wet Multi-Disc Brake Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Wet Multi-Disc Brake Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Wet Multi-Disc Brake Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Wet Multi-Disc Brake Value Chain Analysis
- 14.1.1 Wet Multi-Disc Brake Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Wet Multi-Disc Brake Production Mode & Process
- 14.2 Wet Multi-Disc Brake Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Wet Multi-Disc Brake Distributors
- 14.2.3 Wet Multi-Disc Brake 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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