Selected research
Industry Growth & Trends
Global Plastic High-Voltage Capacitor Industry Growth and Trends Forecast to 2032
Market perspective
The global Plastic High-Voltage Capacitor market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Plastic High-Voltage Capacitor is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Plastic High-Voltage Capacitor is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Plastic High-Voltage Capacitor is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Plastic High-Voltage Capacitor include Herong, New Northeast, ABB, Siemens, Alstom, Cooper, ICAR, ZEZ Silko and Maxwell, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Plastic High-Voltage Capacitor market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Plastic High-Voltage Capacitor market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Plastic High-Voltage Capacitor market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Plastic High-Voltage Capacitor.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Plastic High-Voltage Capacitor market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Plastic High-Voltage Capacitor Market by Company
Herong
New Northeast
ABB
Siemens
Alstom
Cooper
ICAR
ZEZ Silko
Maxwell
GE
Electronicon Kondensatoren
Nissin
Kondas
Lifasa
RTR
Samwha
Iskra
API Capacitors
Guilin Power
Sieyuan
Plastic High-Voltage Capacitor Segment by Type
500~1000V
1001~7000V
7001~14000V
above 14000v
Plastic High-Voltage Capacitor Segment by Application
Consumer Electronics
Industrial Application
Automotive Electronics
Others
Plastic High-Voltage Capacitor 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
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
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 Plastic High-Voltage Capacitor 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 Plastic High-Voltage Capacitor 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 Plastic High-Voltage Capacitor.
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 study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
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: Detailed analysis of Plastic High-Voltage Capacitor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Plastic High-Voltage Capacitor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- 500~1000V
- 1001~7000V
- 7001~14000V
- above 14000v
Applications
- Consumer Electronics
- Industrial Application
- Automotive Electronics
- Others
Companies covered
- Herong
- New Northeast
- ABB
- Siemens
- Alstom
- Cooper
- ICAR
- ZEZ Silko
- Maxwell
- GE
- Electronicon Kondensatoren
- Nissin
- Kondas
- Lifasa
- RTR
- Samwha
- Iskra
- API Capacitors
- Guilin Power
- Sieyuan
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Plastic High-Voltage Capacitor Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Plastic High-Voltage Capacitor Sales Estimates and Forecasts (2021-2032)
- 1.3 Plastic High-Voltage Capacitor Market by Type
- 1.3.1 500~1000V
- 1.3.2 1001~7000V
- 1.3.3 7001~14000V
- 1.3.4 above 14000v
- 1.4 Global Plastic High-Voltage Capacitor Market Size by Type
- 1.4.1 Global Plastic High-Voltage Capacitor Market Size Overview by Type (2021-2032)
- 1.4.2 Global Plastic High-Voltage Capacitor Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Plastic High-Voltage Capacitor Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Plastic High-Voltage Capacitor Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Plastic High-Voltage Capacitor Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Plastic High-Voltage Capacitor Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Plastic High-Voltage Capacitor Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Plastic High-Voltage Capacitor Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Plastic High-Voltage Capacitor Industry Trends
- 2.2 Plastic High-Voltage Capacitor Industry Drivers
- 2.3 Plastic High-Voltage Capacitor Industry Opportunities and Challenges
- 2.4 Plastic High-Voltage Capacitor Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Plastic High-Voltage Capacitor Revenue (2021-2026)
- 3.2 Global Top Players by Plastic High-Voltage Capacitor Sales (2021-2026)
- 3.3 Global Top Players by Plastic High-Voltage Capacitor Price (2021-2026)
- 3.4 Global Plastic High-Voltage Capacitor Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Plastic High-Voltage Capacitor Major Company Production Sites & Headquarters
- 3.6 Global Plastic High-Voltage Capacitor Company, Product Type & Application
- 3.7 Global Plastic High-Voltage Capacitor Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Plastic High-Voltage Capacitor Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Plastic High-Voltage Capacitor Players Market Share by Revenue in 2025
- 3.8.3 2025 Plastic High-Voltage Capacitor Tier 1, Tier 2, and Tier 3
4 Plastic High-Voltage Capacitor Regional Status and Outlook
- 4.1 Global Plastic High-Voltage Capacitor Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Plastic High-Voltage Capacitor Historic Market Size by Region
- 4.2.1 Global Plastic High-Voltage Capacitor Sales in Volume by Region (2021-2026)
- 4.2.2 Global Plastic High-Voltage Capacitor Sales in Value by Region (2021-2026)
- 4.2.3 Global Plastic High-Voltage Capacitor Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Plastic High-Voltage Capacitor Forecasted Market Size by Region
- 4.3.1 Global Plastic High-Voltage Capacitor Sales in Volume by Region (2027-2032)
- 4.3.2 Global Plastic High-Voltage Capacitor Sales in Value by Region (2027-2032)
- 4.3.3 Global Plastic High-Voltage Capacitor Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Plastic High-Voltage Capacitor by Application
- 5.1 Plastic High-Voltage Capacitor Market by Application
- 5.1.1 Consumer Electronics
- 5.1.2 Industrial Application
- 5.1.3 Automotive Electronics
- 5.1.4 Others
- 5.2 Global Plastic High-Voltage Capacitor Market Size by Application
- 5.2.1 Global Plastic High-Voltage Capacitor Market Size Overview by Application (2021-2032)
- 5.2.2 Global Plastic High-Voltage Capacitor Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Plastic High-Voltage Capacitor Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Plastic High-Voltage Capacitor Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Plastic High-Voltage Capacitor Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Plastic High-Voltage Capacitor Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Plastic High-Voltage Capacitor Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Plastic High-Voltage Capacitor Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Herong
- 6.1.1 Herong Company Information
- 6.1.2 Herong Business Overview
- 6.1.3 Herong Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Herong Plastic High-Voltage Capacitor Product Portfolio
- 6.1.5 Herong Recent Developments
- 6.2 New Northeast
- 6.2.1 New Northeast Company Information
- 6.2.2 New Northeast Business Overview
- 6.2.3 New Northeast Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 New Northeast Plastic High-Voltage Capacitor Product Portfolio
- 6.2.5 New Northeast Recent Developments
- 6.3 ABB
- 6.3.1 ABB Company Information
- 6.3.2 ABB Business Overview
- 6.3.3 ABB Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 ABB Plastic High-Voltage Capacitor Product Portfolio
- 6.3.5 ABB Recent Developments
- 6.4 Siemens
- 6.4.1 Siemens Company Information
- 6.4.2 Siemens Business Overview
- 6.4.3 Siemens Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Siemens Plastic High-Voltage Capacitor Product Portfolio
- 6.4.5 Siemens Recent Developments
- 6.5 Alstom
- 6.5.1 Alstom Company Information
- 6.5.2 Alstom Business Overview
- 6.5.3 Alstom Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Alstom Plastic High-Voltage Capacitor Product Portfolio
- 6.5.5 Alstom Recent Developments
- 6.6 Cooper
- 6.6.1 Cooper Company Information
- 6.6.2 Cooper Business Overview
- 6.6.3 Cooper Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Cooper Plastic High-Voltage Capacitor Product Portfolio
- 6.6.5 Cooper Recent Developments
- 6.7 ICAR
- 6.7.1 ICAR Company Information
- 6.7.2 ICAR Business Overview
- 6.7.3 ICAR Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 ICAR Plastic High-Voltage Capacitor Product Portfolio
- 6.7.5 ICAR Recent Developments
- 6.8 ZEZ Silko
- 6.8.1 ZEZ Silko Company Information
- 6.8.2 ZEZ Silko Business Overview
- 6.8.3 ZEZ Silko Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 ZEZ Silko Plastic High-Voltage Capacitor Product Portfolio
- 6.8.5 ZEZ Silko Recent Developments
- 6.9 Maxwell
- 6.9.1 Maxwell Company Information
- 6.9.2 Maxwell Business Overview
- 6.9.3 Maxwell Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Maxwell Plastic High-Voltage Capacitor Product Portfolio
- 6.9.5 Maxwell Recent Developments
- 6.10 GE
- 6.10.1 GE Company Information
- 6.10.2 GE Business Overview
- 6.10.3 GE Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 GE Plastic High-Voltage Capacitor Product Portfolio
- 6.10.5 GE Recent Developments
- 6.11 Electronicon Kondensatoren
- 6.11.1 Electronicon Kondensatoren Company Information
- 6.11.2 Electronicon Kondensatoren Business Overview
- 6.11.3 Electronicon Kondensatoren Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Electronicon Kondensatoren Plastic High-Voltage Capacitor Product Portfolio
- 6.11.5 Electronicon Kondensatoren Recent Developments
- 6.12 Nissin
- 6.12.1 Nissin Company Information
- 6.12.2 Nissin Business Overview
- 6.12.3 Nissin Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Nissin Plastic High-Voltage Capacitor Product Portfolio
- 6.12.5 Nissin Recent Developments
- 6.13 Kondas
- 6.13.1 Kondas Company Information
- 6.13.2 Kondas Business Overview
- 6.13.3 Kondas Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Kondas Plastic High-Voltage Capacitor Product Portfolio
- 6.13.5 Kondas Recent Developments
- 6.14 Lifasa
- 6.14.1 Lifasa Company Information
- 6.14.2 Lifasa Business Overview
- 6.14.3 Lifasa Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Lifasa Plastic High-Voltage Capacitor Product Portfolio
- 6.14.5 Lifasa Recent Developments
- 6.15 RTR
- 6.15.1 RTR Company Information
- 6.15.2 RTR Business Overview
- 6.15.3 RTR Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 RTR Plastic High-Voltage Capacitor Product Portfolio
- 6.15.5 RTR Recent Developments
- 6.16 Samwha
- 6.16.1 Samwha Company Information
- 6.16.2 Samwha Business Overview
- 6.16.3 Samwha Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Samwha Plastic High-Voltage Capacitor Product Portfolio
- 6.16.5 Samwha Recent Developments
- 6.17 Iskra
- 6.17.1 Iskra Company Information
- 6.17.2 Iskra Business Overview
- 6.17.3 Iskra Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.17.4 Iskra Plastic High-Voltage Capacitor Product Portfolio
- 6.17.5 Iskra Recent Developments
- 6.18 API Capacitors
- 6.18.1 API Capacitors Company Information
- 6.18.2 API Capacitors Business Overview
- 6.18.3 API Capacitors Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.18.4 API Capacitors Plastic High-Voltage Capacitor Product Portfolio
- 6.18.5 API Capacitors Recent Developments
- 6.19 Guilin Power
- 6.19.1 Guilin Power Company Information
- 6.19.2 Guilin Power Business Overview
- 6.19.3 Guilin Power Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.19.4 Guilin Power Plastic High-Voltage Capacitor Product Portfolio
- 6.19.5 Guilin Power Recent Developments
- 6.20 Sieyuan
- 6.20.1 Sieyuan Company Information
- 6.20.2 Sieyuan Business Overview
- 6.20.3 Sieyuan Plastic High-Voltage Capacitor Sales, Revenue and Gross Margin (2021-2026)
- 6.20.4 Sieyuan Plastic High-Voltage Capacitor Product Portfolio
- 6.20.5 Sieyuan Recent Developments
7 North America by Country
- 7.1 North America Plastic High-Voltage Capacitor Sales by Country
- 7.1.1 North America Plastic High-Voltage Capacitor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Plastic High-Voltage Capacitor Sales by Country (2021-2026)
- 7.1.3 North America Plastic High-Voltage Capacitor Sales Forecast by Country (2027-2032)
- 7.2 North America Plastic High-Voltage Capacitor Market Size by Country
- 7.2.1 North America Plastic High-Voltage Capacitor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Plastic High-Voltage Capacitor Market Size by Country (2021-2026)
- 7.2.3 North America Plastic High-Voltage Capacitor Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Plastic High-Voltage Capacitor Sales by Country
- 8.1.1 Europe Plastic High-Voltage Capacitor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Plastic High-Voltage Capacitor Sales by Country (2021-2026)
- 8.1.3 Europe Plastic High-Voltage Capacitor Sales Forecast by Country (2027-2032)
- 8.2 Europe Plastic High-Voltage Capacitor Market Size by Country
- 8.2.1 Europe Plastic High-Voltage Capacitor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Plastic High-Voltage Capacitor Market Size by Country (2021-2026)
- 8.2.3 Europe Plastic High-Voltage Capacitor Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Plastic High-Voltage Capacitor Sales by Country
- 9.1.1 Asia-Pacific Plastic High-Voltage Capacitor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Plastic High-Voltage Capacitor Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Plastic High-Voltage Capacitor Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Plastic High-Voltage Capacitor Market Size by Country
- 9.2.1 Asia-Pacific Plastic High-Voltage Capacitor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Plastic High-Voltage Capacitor Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Plastic High-Voltage Capacitor Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Plastic High-Voltage Capacitor Sales by Country
- 10.1.1 South America Plastic High-Voltage Capacitor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Plastic High-Voltage Capacitor Sales by Country (2021-2026)
- 10.1.3 South America Plastic High-Voltage Capacitor Sales Forecast by Country (2027-2032)
- 10.2 South America Plastic High-Voltage Capacitor Market Size by Country
- 10.2.1 South America Plastic High-Voltage Capacitor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Plastic High-Voltage Capacitor Market Size by Country (2021-2026)
- 10.2.3 South America Plastic High-Voltage Capacitor Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Plastic High-Voltage Capacitor Sales by Country
- 11.1.1 Middle East and Africa Plastic High-Voltage Capacitor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Plastic High-Voltage Capacitor Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Plastic High-Voltage Capacitor Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Plastic High-Voltage Capacitor Market Size by Country
- 11.2.1 Middle East and Africa Plastic High-Voltage Capacitor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Plastic High-Voltage Capacitor Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Plastic High-Voltage Capacitor Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Plastic High-Voltage Capacitor Value Chain Analysis
- 12.1.1 Plastic High-Voltage Capacitor Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Plastic High-Voltage Capacitor Production Mode & Process
- 12.2 Plastic High-Voltage Capacitor Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Plastic High-Voltage Capacitor Distributors
- 12.2.3 Plastic High-Voltage Capacitor Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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