APO RESEARCH · REPORT
Compressor Oil
Compressor Oil is fluid used for the lubrication of moving metal parts of compressors. For example, in refrigeration compressor, oil and refrigeration medium constantly contact, and temperature and pressure of medium often change, thus compressed oil is required. Lubricating oil must have pour point low enough, gentle viscosity temperature curve and good antioxidant properties.
Product & engineering
Understand the product.
Compressor Oil is fluid used for the lubrication of moving metal parts of compressors. For example, in refrigeration compressor, oil and refrigeration medium constantly contact, and temperature and pressure of medium often change, thus compressed oil is required. Lubricating oil must have pour point low enough, gentle viscosity temperature curve and good antioxidant properties.
Selected research
Market Structure
Global Compressor Oil Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
Compressor Oil is fluid used for the lubrication of moving metal parts of compressors. For example, in refrigeration compressor, oil and refrigeration medium constantly contact, and temperature and pressure of medium often change, thus compressed oil is required. Lubricating oil must have pour point low enough, gentle viscosity temperature curve and good antioxidant properties.
The major players in India Compressor Oil market include IndiaOil, Hindustan Petroleum, Bharat Petroleum, etc. The top 3 players occupy about 60% shares of the whole market. North Region is the main market, and occupies about 60% of the whole market. Common Compressor Oils is the main type, with a share about 70%. Rotary Refrigeration Compressors Applications is the main application, which holds a share about 50%.
The report provides an overview of the global Compressor Oil market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
Read the full market overview
The study covers key producers of Compressor Oil and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Compressor Oil sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Compressor Oil market size, projected growth trends, production technologies, key applications, and end-use industries.
Compressor Oil Segment by Company
IndiaOil
Hindustan Petroleum
Bharat Petroleum
BP (Castrol)
Ashland (Valvoline)
Shell
Gulf
Apar Industries
Savita Chemicals
Raj Petro Specialities
ExxonMobil
Chevron
DuPont
Total
IR
FUCHS
Amsoil
BASF
JX
Klüber Lubrication
Palco
ENEOS
IDEMITSU
Eastern Petroleum
AVI-OIL
PETRO-CANADA
ULTRACHEM
Novvi
Compressor Oil Segment by Type
Common Compressor Oils
Refrigeration Compressor Oils
Compressor Oil Segment by Application
Reciprocating Compressors Applications
Rotary Refrigeration Compressors Applications
Other Industrial Machinery Parts Applications
Compressor Oil 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 Compressor Oil 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 Compressor Oil 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 Compressor Oil.
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 Compressor Oil market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Compressor Oil industry.
Chapter 3: Detailed analysis of Compressor Oil market competition landscape. Including Compressor Oil manufacturers' output value, output and average price from 2021 to 2026, 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 Compressor Oil 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 Compressor Oil 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.
More report detail
Tables and figures
Scope & coverage.
Types
- Common Compressor Oils
- Refrigeration Compressor Oils
Applications
- Reciprocating Compressors Applications
- Rotary Refrigeration Compressors Applications
- Other Industrial Machinery Parts Applications
Companies covered
- IndiaOil
- Hindustan Petroleum
- Bharat Petroleum
- BP (Castrol)
- Ashland (Valvoline)
- Shell
- Gulf
- Apar Industries
- Savita Chemicals
- Raj Petro Specialities
- ExxonMobil
- Chevron
- DuPont
- Total
- IR
- FUCHS
- Amsoil
- BASF
- JX
- Klüber Lubrication
- Palco
- ENEOS
- IDEMITSU
- Eastern Petroleum
- AVI-OIL
- PETRO-CANADA
- ULTRACHEM
- Novvi
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Compressor Oil Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Compressor Oil Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Compressor Oil Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Compressor Oil Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Compressor Oil Market Dynamics
- 2.1 Compressor Oil Industry Trends
- 2.2 Compressor Oil Industry Drivers
- 2.3 Compressor Oil Industry Opportunities and Challenges
- 2.4 Compressor Oil Industry Restraints
3 Compressor Oil Market by Manufacturers
- 3.1 Global Compressor Oil Production Value by Manufacturers (2021-2026)
- 3.2 Global Compressor Oil Production by Manufacturers (2021-2026)
- 3.3 Global Compressor Oil Average Price by Manufacturers (2021-2026)
- 3.4 Global Compressor Oil Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Compressor Oil Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Compressor Oil Manufacturers, Product Type & Application
- 3.7 Global Compressor Oil Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Compressor Oil Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Compressor Oil Players Market Share by Production Value in 2025
- 3.8.3 2025 Compressor Oil Tier 1, Tier 2, and Tier 3
4 Compressor Oil Market by Type
- 4.1 Compressor Oil Type Introduction
- 4.1.1 Common Compressor Oils
- 4.1.2 Refrigeration Compressor Oils
- 4.2 Global Compressor Oil Production by Type
- 4.2.1 Global Compressor Oil Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Compressor Oil Production by Type (2021-2032)
- 4.2.3 Global Compressor Oil Production Market Share by Type (2021-2032)
- 4.3 Global Compressor Oil Production Value by Type
- 4.3.1 Global Compressor Oil Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Compressor Oil Production Value by Type (2021-2032)
- 4.3.3 Global Compressor Oil Production Value Market Share by Type (2021-2032)
5 Compressor Oil Market by Application
- 5.1 Compressor Oil Application Introduction
- 5.1.1 Reciprocating Compressors Applications
- 5.1.2 Rotary Refrigeration Compressors Applications
- 5.1.3 Other Industrial Machinery Parts Applications
- 5.2 Global Compressor Oil Production by Application
- 5.2.1 Global Compressor Oil Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Compressor Oil Production by Application (2021-2032)
- 5.2.3 Global Compressor Oil Production Market Share by Application (2021-2032)
- 5.3 Global Compressor Oil Production Value by Application
- 5.3.1 Global Compressor Oil Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Compressor Oil Production Value by Application (2021-2032)
- 5.3.3 Global Compressor Oil Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 IndiaOil
- 6.1.1 IndiaOil Company Information
- 6.1.2 IndiaOil Business Overview
- 6.1.3 IndiaOil Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.1.4 IndiaOil Compressor Oil Product Portfolio
- 6.1.5 IndiaOil Recent Developments
- 6.2 Hindustan Petroleum
- 6.2.1 Hindustan Petroleum Company Information
- 6.2.2 Hindustan Petroleum Business Overview
- 6.2.3 Hindustan Petroleum Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.2.4 Hindustan Petroleum Compressor Oil Product Portfolio
- 6.2.5 Hindustan Petroleum Recent Developments
- 6.3 Bharat Petroleum
- 6.3.1 Bharat Petroleum Company Information
- 6.3.2 Bharat Petroleum Business Overview
- 6.3.3 Bharat Petroleum Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.3.4 Bharat Petroleum Compressor Oil Product Portfolio
- 6.3.5 Bharat Petroleum Recent Developments
- 6.4 BP (Castrol)
- 6.4.1 BP (Castrol) Company Information
- 6.4.2 BP (Castrol) Business Overview
- 6.4.3 BP (Castrol) Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.4.4 BP (Castrol) Compressor Oil Product Portfolio
- 6.4.5 BP (Castrol) Recent Developments
- 6.5 Ashland (Valvoline)
- 6.5.1 Ashland (Valvoline) Company Information
- 6.5.2 Ashland (Valvoline) Business Overview
- 6.5.3 Ashland (Valvoline) Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.5.4 Ashland (Valvoline) Compressor Oil Product Portfolio
- 6.5.5 Ashland (Valvoline) Recent Developments
- 6.6 Shell
- 6.6.1 Shell Company Information
- 6.6.2 Shell Business Overview
- 6.6.3 Shell Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.6.4 Shell Compressor Oil Product Portfolio
- 6.6.5 Shell Recent Developments
- 6.7 Gulf
- 6.7.1 Gulf Company Information
- 6.7.2 Gulf Business Overview
- 6.7.3 Gulf Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.7.4 Gulf Compressor Oil Product Portfolio
- 6.7.5 Gulf Recent Developments
- 6.8 Apar Industries
- 6.8.1 Apar Industries Company Information
- 6.8.2 Apar Industries Business Overview
- 6.8.3 Apar Industries Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.8.4 Apar Industries Compressor Oil Product Portfolio
- 6.8.5 Apar Industries Recent Developments
- 6.9 Savita Chemicals
- 6.9.1 Savita Chemicals Company Information
- 6.9.2 Savita Chemicals Business Overview
- 6.9.3 Savita Chemicals Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.9.4 Savita Chemicals Compressor Oil Product Portfolio
- 6.9.5 Savita Chemicals Recent Developments
- 6.10 Raj Petro Specialities
- 6.10.1 Raj Petro Specialities Company Information
- 6.10.2 Raj Petro Specialities Business Overview
- 6.10.3 Raj Petro Specialities Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.10.4 Raj Petro Specialities Compressor Oil Product Portfolio
- 6.10.5 Raj Petro Specialities Recent Developments
- 6.11 ExxonMobil
- 6.11.1 ExxonMobil Company Information
- 6.11.2 ExxonMobil Business Overview
- 6.11.3 ExxonMobil Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.11.4 ExxonMobil Compressor Oil Product Portfolio
- 6.11.5 ExxonMobil Recent Developments
- 6.12 Chevron
- 6.12.1 Chevron Company Information
- 6.12.2 Chevron Business Overview
- 6.12.3 Chevron Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.12.4 Chevron Compressor Oil Product Portfolio
- 6.12.5 Chevron Recent Developments
- 6.13 DuPont
- 6.13.1 DuPont Company Information
- 6.13.2 DuPont Business Overview
- 6.13.3 DuPont Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.13.4 DuPont Compressor Oil Product Portfolio
- 6.13.5 DuPont Recent Developments
- 6.14 Total
- 6.14.1 Total Company Information
- 6.14.2 Total Business Overview
- 6.14.3 Total Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.14.4 Total Compressor Oil Product Portfolio
- 6.14.5 Total Recent Developments
- 6.15 IR
- 6.15.1 IR Company Information
- 6.15.2 IR Business Overview
- 6.15.3 IR Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.15.4 IR Compressor Oil Product Portfolio
- 6.15.5 IR Recent Developments
- 6.16 FUCHS
- 6.16.1 FUCHS Company Information
- 6.16.2 FUCHS Business Overview
- 6.16.3 FUCHS Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.16.4 FUCHS Compressor Oil Product Portfolio
- 6.16.5 FUCHS Recent Developments
- 6.17 Amsoil
- 6.17.1 Amsoil Company Information
- 6.17.2 Amsoil Business Overview
- 6.17.3 Amsoil Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.17.4 Amsoil Compressor Oil Product Portfolio
- 6.17.5 Amsoil Recent Developments
- 6.18 BASF
- 6.18.1 BASF Company Information
- 6.18.2 BASF Business Overview
- 6.18.3 BASF Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.18.4 BASF Compressor Oil Product Portfolio
- 6.18.5 BASF Recent Developments
- 6.19 JX
- 6.19.1 JX Company Information
- 6.19.2 JX Business Overview
- 6.19.3 JX Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.19.4 JX Compressor Oil Product Portfolio
- 6.19.5 JX Recent Developments
- 6.20 Klüber Lubrication
- 6.20.1 Klüber Lubrication Company Information
- 6.20.2 Klüber Lubrication Business Overview
- 6.20.3 Klüber Lubrication Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.20.4 Klüber Lubrication Compressor Oil Product Portfolio
- 6.20.5 Klüber Lubrication Recent Developments
- 6.21 Palco
- 6.21.1 Palco Company Information
- 6.21.2 Palco Business Overview
- 6.21.3 Palco Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.21.4 Palco Compressor Oil Product Portfolio
- 6.21.5 Palco Recent Developments
- 6.22 ENEOS
- 6.22.1 ENEOS Company Information
- 6.22.2 ENEOS Business Overview
- 6.22.3 ENEOS Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.22.4 ENEOS Compressor Oil Product Portfolio
- 6.22.5 ENEOS Recent Developments
- 6.23 IDEMITSU
- 6.23.1 IDEMITSU Company Information
- 6.23.2 IDEMITSU Business Overview
- 6.23.3 IDEMITSU Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.23.4 IDEMITSU Compressor Oil Product Portfolio
- 6.23.5 IDEMITSU Recent Developments
- 6.24 Eastern Petroleum
- 6.24.1 Eastern Petroleum Company Information
- 6.24.2 Eastern Petroleum Business Overview
- 6.24.3 Eastern Petroleum Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.24.4 Eastern Petroleum Compressor Oil Product Portfolio
- 6.24.5 Eastern Petroleum Recent Developments
- 6.25 AVI-OIL
- 6.25.1 AVI-OIL Company Information
- 6.25.2 AVI-OIL Business Overview
- 6.25.3 AVI-OIL Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.25.4 AVI-OIL Compressor Oil Product Portfolio
- 6.25.5 AVI-OIL Recent Developments
- 6.26 PETRO-CANADA
- 6.26.1 PETRO-CANADA Company Information
- 6.26.2 PETRO-CANADA Business Overview
- 6.26.3 PETRO-CANADA Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.26.4 PETRO-CANADA Compressor Oil Product Portfolio
- 6.26.5 PETRO-CANADA Recent Developments
- 6.27 ULTRACHEM
- 6.27.1 ULTRACHEM Company Information
- 6.27.2 ULTRACHEM Business Overview
- 6.27.3 ULTRACHEM Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.27.4 ULTRACHEM Compressor Oil Product Portfolio
- 6.27.5 ULTRACHEM Recent Developments
- 6.28 Novvi
- 6.28.1 Novvi Company Information
- 6.28.2 Novvi Business Overview
- 6.28.3 Novvi Compressor Oil Production, Value and Gross Margin (2021-2026)
- 6.28.4 Novvi Compressor Oil Product Portfolio
- 6.28.5 Novvi Recent Developments
7 Global Compressor Oil Production by Region
- 7.1 Global Compressor Oil Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Compressor Oil Production by Region (2021-2032)
- 7.2.1 Global Compressor Oil Production by Region (2021-2026)
- 7.2.2 Global Compressor Oil Production Forecast by Region (2027-2032)
- 7.3 Global Compressor Oil Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Compressor Oil Production Value by Region (2021-2032)
- 7.4.1 Global Compressor Oil Production Value by Region (2021-2026)
- 7.4.2 Global Compressor Oil Production Value by Region (2027-2032)
- 7.5 Global Compressor Oil Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Compressor Oil Production Value (2021-2032)
- 7.6.2 Europe Compressor Oil Production Value (2021-2032)
- 7.6.3 Asia-Pacific Compressor Oil Production Value (2021-2032)
- 7.6.4 South America Compressor Oil Production Value (2021-2032)
- 7.6.5 Middle East & Africa Compressor Oil Production Value (2021-2032)
8 Global Compressor Oil Consumption by Region
- 8.1 Global Compressor Oil Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Compressor Oil Consumption by Region (2021-2032)
- 8.2.1 Global Compressor Oil Consumption by Region (2021-2026)
- 8.2.2 Global Compressor Oil Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Compressor Oil Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Compressor Oil Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Compressor Oil Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Compressor Oil Consumption by Country (2021-2032)
- 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 Compressor Oil Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Compressor Oil Consumption by Country (2021-2032)
- 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 South America
- 8.6.1 South America Compressor Oil Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Compressor Oil Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Compressor Oil Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Compressor Oil Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Compressor Oil Value Chain Analysis
- 9.1.1 Compressor Oil Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Compressor Oil Production Mode & Process
- 9.2 Compressor Oil Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Compressor Oil Distributors
- 9.2.3 Compressor Oil 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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