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Sewage Treatment Polymer Flocculant Industry Research Report 2026
Market perspective
The global Sewage Treatment Polymer Flocculant market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Sewage Treatment Polymer Flocculant is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Sewage Treatment Polymer Flocculant is projected to rise 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 Sewage Treatment Polymer Flocculant is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Sewage Treatment Polymer Flocculant include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Sewage Treatment Polymer Flocculant market in revenue (US$ million) and, where applicable, sales volume (kt), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/kt) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Sewage Treatment Polymer Flocculant.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Sewage Treatment Polymer Flocculant Market by Company
Zhejiang New Haitian Biotechnology
Yuan Hongda Chemical
Sichuan Siyuan Technology
Shanghai SKY Chem Industrial
Shandong IRO Polymer Chemicals
Shandong Poly Biological Technology
Jiangsu Jiuwu Hi-Tech
Jiangsu Feymer Technology
Henan Zeheng Environmental Protection Technology
Gongyi Xinqi Polymer
VTA Group
Tramfloc
TOAGOSEI
SNF
Chemiphase
Asada Chemical Industry
Alumichem
Sewage Treatment Polymer Flocculant Segment by Type
Anions
Cations
Nonionics
Sewage Treatment Polymer Flocculant Segment by Application
Industrial Wastewater Treatment
Urban Sewage Treatment
Others
Sewage Treatment Polymer Flocculant 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 Sewage Treatment Polymer Flocculant 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 Sewage Treatment Polymer Flocculant 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 Sewage Treatment Polymer Flocculant.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Sewage Treatment Polymer Flocculant manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of Sewage Treatment Polymer Flocculant by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Sewage Treatment Polymer Flocculant 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Anions
- Cations
- Nonionics
Applications
- Industrial Wastewater Treatment
- Urban Sewage Treatment
- Others
Companies covered
- Zhejiang New Haitian Biotechnology
- Yuan Hongda Chemical
- Sichuan Siyuan Technology
- Shanghai SKY Chem Industrial
- Shandong IRO Polymer Chemicals
- Shandong Poly Biological Technology
- Jiangsu Jiuwu Hi-Tech
- Jiangsu Feymer Technology
- Henan Zeheng Environmental Protection Technology
- Gongyi Xinqi Polymer
- VTA Group
- Tramfloc
- TOAGOSEI
- SNF
- Chemiphase
- Asada Chemical Industry
- Alumichem
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Sewage Treatment Polymer Flocculant by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Anions
- 2.2.3 Cations
- 2.2.4 Nonionics
- 2.3 Sewage Treatment Polymer Flocculant by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Industrial Wastewater Treatment
- 2.3.3 Urban Sewage Treatment
- 2.3.4 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Sewage Treatment Polymer Flocculant Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Sewage Treatment Polymer Flocculant Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Sewage Treatment Polymer Flocculant Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Sewage Treatment Polymer Flocculant Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Sewage Treatment Polymer Flocculant Production by Manufacturers (2021-2026)
- 3.2 Global Sewage Treatment Polymer Flocculant Production Value by Manufacturers (2021-2026)
- 3.3 Global Sewage Treatment Polymer Flocculant Average Price by Manufacturers (2021-2026)
- 3.4 Global Sewage Treatment Polymer Flocculant Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Sewage Treatment Polymer Flocculant Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Sewage Treatment Polymer Flocculant Manufacturers, Product Type & Application
- 3.7 Global Sewage Treatment Polymer Flocculant Manufacturers Established Date
- 3.8 Global Sewage Treatment Polymer Flocculant Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Zhejiang New Haitian Biotechnology
- 4.1.1 Zhejiang New Haitian Biotechnology Sewage Treatment Polymer Flocculant Company Information
- 4.1.2 Zhejiang New Haitian Biotechnology Sewage Treatment Polymer Flocculant Business Overview
- 4.1.3 Zhejiang New Haitian Biotechnology Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Zhejiang New Haitian Biotechnology Product Portfolio
- 4.1.5 Zhejiang New Haitian Biotechnology Recent Developments
- 4.2 Yuan Hongda Chemical
- 4.2.1 Yuan Hongda Chemical Sewage Treatment Polymer Flocculant Company Information
- 4.2.2 Yuan Hongda Chemical Sewage Treatment Polymer Flocculant Business Overview
- 4.2.3 Yuan Hongda Chemical Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Yuan Hongda Chemical Product Portfolio
- 4.2.5 Yuan Hongda Chemical Recent Developments
- 4.3 Sichuan Siyuan Technology
- 4.3.1 Sichuan Siyuan Technology Sewage Treatment Polymer Flocculant Company Information
- 4.3.2 Sichuan Siyuan Technology Sewage Treatment Polymer Flocculant Business Overview
- 4.3.3 Sichuan Siyuan Technology Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Sichuan Siyuan Technology Product Portfolio
- 4.3.5 Sichuan Siyuan Technology Recent Developments
- 4.4 Shanghai SKY Chem Industrial
- 4.4.1 Shanghai SKY Chem Industrial Sewage Treatment Polymer Flocculant Company Information
- 4.4.2 Shanghai SKY Chem Industrial Sewage Treatment Polymer Flocculant Business Overview
- 4.4.3 Shanghai SKY Chem Industrial Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 Shanghai SKY Chem Industrial Product Portfolio
- 4.4.5 Shanghai SKY Chem Industrial Recent Developments
- 4.5 Shandong IRO Polymer Chemicals
- 4.5.1 Shandong IRO Polymer Chemicals Sewage Treatment Polymer Flocculant Company Information
- 4.5.2 Shandong IRO Polymer Chemicals Sewage Treatment Polymer Flocculant Business Overview
- 4.5.3 Shandong IRO Polymer Chemicals Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Shandong IRO Polymer Chemicals Product Portfolio
- 4.5.5 Shandong IRO Polymer Chemicals Recent Developments
- 4.6 Shandong Poly Biological Technology
- 4.6.1 Shandong Poly Biological Technology Sewage Treatment Polymer Flocculant Company Information
- 4.6.2 Shandong Poly Biological Technology Sewage Treatment Polymer Flocculant Business Overview
- 4.6.3 Shandong Poly Biological Technology Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Shandong Poly Biological Technology Product Portfolio
- 4.6.5 Shandong Poly Biological Technology Recent Developments
- 4.7 Jiangsu Jiuwu Hi-Tech
- 4.7.1 Jiangsu Jiuwu Hi-Tech Sewage Treatment Polymer Flocculant Company Information
- 4.7.2 Jiangsu Jiuwu Hi-Tech Sewage Treatment Polymer Flocculant Business Overview
- 4.7.3 Jiangsu Jiuwu Hi-Tech Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Jiangsu Jiuwu Hi-Tech Product Portfolio
- 4.7.5 Jiangsu Jiuwu Hi-Tech Recent Developments
- 4.8 Jiangsu Feymer Technology
- 4.8.1 Jiangsu Feymer Technology Sewage Treatment Polymer Flocculant Company Information
- 4.8.2 Jiangsu Feymer Technology Sewage Treatment Polymer Flocculant Business Overview
- 4.8.3 Jiangsu Feymer Technology Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Jiangsu Feymer Technology Product Portfolio
- 4.8.5 Jiangsu Feymer Technology Recent Developments
- 4.9 Henan Zeheng Environmental Protection Technology
- 4.9.1 Henan Zeheng Environmental Protection Technology Sewage Treatment Polymer Flocculant Company Information
- 4.9.2 Henan Zeheng Environmental Protection Technology Sewage Treatment Polymer Flocculant Business Overview
- 4.9.3 Henan Zeheng Environmental Protection Technology Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Henan Zeheng Environmental Protection Technology Product Portfolio
- 4.9.5 Henan Zeheng Environmental Protection Technology Recent Developments
- 4.10 Gongyi Xinqi Polymer
- 4.10.1 Gongyi Xinqi Polymer Sewage Treatment Polymer Flocculant Company Information
- 4.10.2 Gongyi Xinqi Polymer Sewage Treatment Polymer Flocculant Business Overview
- 4.10.3 Gongyi Xinqi Polymer Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Gongyi Xinqi Polymer Product Portfolio
- 4.10.5 Gongyi Xinqi Polymer Recent Developments
- 4.11 VTA Group
- 4.11.1 VTA Group Sewage Treatment Polymer Flocculant Company Information
- 4.11.2 VTA Group Sewage Treatment Polymer Flocculant Business Overview
- 4.11.3 VTA Group Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 VTA Group Product Portfolio
- 4.11.5 VTA Group Recent Developments
- 4.12 Tramfloc
- 4.12.1 Tramfloc Sewage Treatment Polymer Flocculant Company Information
- 4.12.2 Tramfloc Sewage Treatment Polymer Flocculant Business Overview
- 4.12.3 Tramfloc Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Tramfloc Product Portfolio
- 4.12.5 Tramfloc Recent Developments
- 4.13 TOAGOSEI
- 4.13.1 TOAGOSEI Sewage Treatment Polymer Flocculant Company Information
- 4.13.2 TOAGOSEI Sewage Treatment Polymer Flocculant Business Overview
- 4.13.3 TOAGOSEI Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 TOAGOSEI Product Portfolio
- 4.13.5 TOAGOSEI Recent Developments
- 4.14 SNF
- 4.14.1 SNF Sewage Treatment Polymer Flocculant Company Information
- 4.14.2 SNF Sewage Treatment Polymer Flocculant Business Overview
- 4.14.3 SNF Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 SNF Product Portfolio
- 4.14.5 SNF Recent Developments
- 4.15 Chemiphase
- 4.15.1 Chemiphase Sewage Treatment Polymer Flocculant Company Information
- 4.15.2 Chemiphase Sewage Treatment Polymer Flocculant Business Overview
- 4.15.3 Chemiphase Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Chemiphase Product Portfolio
- 4.15.5 Chemiphase Recent Developments
- 4.16 Asada Chemical Industry
- 4.16.1 Asada Chemical Industry Sewage Treatment Polymer Flocculant Company Information
- 4.16.2 Asada Chemical Industry Sewage Treatment Polymer Flocculant Business Overview
- 4.16.3 Asada Chemical Industry Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Asada Chemical Industry Product Portfolio
- 4.16.5 Asada Chemical Industry Recent Developments
- 4.17 Alumichem
- 4.17.1 Alumichem Sewage Treatment Polymer Flocculant Company Information
- 4.17.2 Alumichem Sewage Treatment Polymer Flocculant Business Overview
- 4.17.3 Alumichem Sewage Treatment Polymer Flocculant Production Capacity, Value and Gross Margin (2021-2026)
- 4.17.4 Alumichem Product Portfolio
- 4.17.5 Alumichem Recent Developments
5 Global Sewage Treatment Polymer Flocculant Production by Region
- 5.1 Global Sewage Treatment Polymer Flocculant Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Sewage Treatment Polymer Flocculant Production by Region: 2021-2032
- 5.2.1 Global Sewage Treatment Polymer Flocculant Production by Region: 2021-2026
- 5.2.2 Global Sewage Treatment Polymer Flocculant Production Forecast by Region (2027-2032)
- 5.3 Global Sewage Treatment Polymer Flocculant Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Sewage Treatment Polymer Flocculant Production Value by Region: 2021-2032
- 5.4.1 Global Sewage Treatment Polymer Flocculant Production Value by Region: 2021-2026
- 5.4.2 Global Sewage Treatment Polymer Flocculant Production Value Forecast by Region (2027-2032)
- 5.5 Global Sewage Treatment Polymer Flocculant Market Price Analysis by Region (2021-2026)
- 5.6 Global Sewage Treatment Polymer Flocculant Production and Value, YOY Growth
- 5.6.1 North America Sewage Treatment Polymer Flocculant Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Sewage Treatment Polymer Flocculant Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Sewage Treatment Polymer Flocculant Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Sewage Treatment Polymer Flocculant Production Value Estimates and Forecasts (2021-2032)
6 Global Sewage Treatment Polymer Flocculant Consumption by Region
- 6.1 Global Sewage Treatment Polymer Flocculant Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Sewage Treatment Polymer Flocculant Consumption by Region (2021-2032)
- 6.2.1 Global Sewage Treatment Polymer Flocculant Consumption by Region: 2021-2026
- 6.2.2 Global Sewage Treatment Polymer Flocculant Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Sewage Treatment Polymer Flocculant Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Sewage Treatment Polymer Flocculant Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Sewage Treatment Polymer Flocculant Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Sewage Treatment Polymer Flocculant Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Sewage Treatment Polymer Flocculant Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Sewage Treatment Polymer Flocculant Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Sewage Treatment Polymer Flocculant Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Sewage Treatment Polymer Flocculant Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Sewage Treatment Polymer Flocculant Production by Type (2021-2032)
- 7.1.1 Global Sewage Treatment Polymer Flocculant Production by Type (2021-2032) & (kt)
- 7.1.2 Global Sewage Treatment Polymer Flocculant Production Market Share by Type (2021-2032)
- 7.2 Global Sewage Treatment Polymer Flocculant Production Value by Type (2021-2032)
- 7.2.1 Global Sewage Treatment Polymer Flocculant Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Sewage Treatment Polymer Flocculant Production Value Market Share by Type (2021-2032)
- 7.3 Global Sewage Treatment Polymer Flocculant Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Sewage Treatment Polymer Flocculant Production by Application (2021-2032)
- 8.1.1 Global Sewage Treatment Polymer Flocculant Production by Application (2021-2032) & (kt)
- 8.1.2 Global Sewage Treatment Polymer Flocculant Production Market Share by Application (2021-2032)
- 8.2 Global Sewage Treatment Polymer Flocculant Production Value by Application (2021-2032)
- 8.2.1 Global Sewage Treatment Polymer Flocculant Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Sewage Treatment Polymer Flocculant Production Value Market Share by Application (2021-2032)
- 8.3 Global Sewage Treatment Polymer Flocculant Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Sewage Treatment Polymer Flocculant Value Chain Analysis
- 9.1.1 Sewage Treatment Polymer Flocculant Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Sewage Treatment Polymer Flocculant Production Mode & Process
- 9.2 Sewage Treatment Polymer Flocculant Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Sewage Treatment Polymer Flocculant Distributors
- 9.2.3 Sewage Treatment Polymer Flocculant Customers
10 Global Sewage Treatment Polymer Flocculant Analyzing Market Dynamics
- 10.1 Sewage Treatment Polymer Flocculant Industry Trends
- 10.2 Sewage Treatment Polymer Flocculant Industry Drivers
- 10.3 Sewage Treatment Polymer Flocculant Industry Opportunities and Challenges
- 10.4 Sewage Treatment Polymer Flocculant Industry Restraints
11 Report Conclusion
12 Disclaimer
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