Global Wellhead Equipment Market (2025-2031) | Growth, Value, Companies, Analysis, Size, Pricing Analysis, Competition, Strategy, Segmentation, Industry, Restraints, Demand, Forecast, Drivers, Supply, Strategic Insights, Outlook, Challenges, Investment Trends, Trends, Competitive, Segments, Opportunities, Consumer Insights, Revenue, Share

Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Component (Hangers, Flanges, Master Valve, Choke, Others), By Application (Onshore, Offshore), By Sector (OEM, Aftermarket) And Competitive Landscape
Product Code: ETC13238451 Publication Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 190 No. of Figures: 80 No. of Tables: 40

Key Highlights of the Report:

  • Global Wellhead Equipment Market Outlook
  • Market Size of Global Wellhead Equipment Market, 2024
  • Forecast of Global Wellhead Equipment Market, 2031
  • Historical Data and Forecast of Global Wellhead Equipment Revenues & Volume for the Period 2021 - 2031
  • Global Wellhead Equipment Market Trend Evolution
  • Global Wellhead Equipment Market Drivers and Challenges
  • Global Wellhead Equipment Price Trends
  • Global Wellhead Equipment Porter's Five Forces
  • Global Wellhead Equipment Industry Life Cycle
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Hangers for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Flanges for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Master Valve for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Choke for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Onshore for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Offshore for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Sector for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Global Wellhead Equipment Market Revenues & Volume By Aftermarket for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Hangers for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Flanges for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Master Valve for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Choke for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Onshore for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Offshore for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Sector for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of North America Wellhead Equipment Market Revenues & Volume By Aftermarket for the Period 2021 - 2031
  • Historical Data and Forecast of United States of America Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of North America Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Hangers for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Flanges for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Master Valve for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Choke for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Onshore for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Offshore for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Sector for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Latin America (LATAM) Wellhead Equipment Market Revenues & Volume By Aftermarket for the Period 2021 - 2031
  • Historical Data and Forecast of Brazil Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Argentina Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of LATAM Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Hangers for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Flanges for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Master Valve for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Choke for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Onshore for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Offshore for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Sector for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Asia Wellhead Equipment Market Revenues & Volume By Aftermarket for the Period 2021 - 2031
  • Historical Data and Forecast of China Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of India Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Japan Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Asia Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Hangers for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Flanges for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Master Valve for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Choke for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Onshore for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Offshore for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Sector for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Africa Wellhead Equipment Market Revenues & Volume By Aftermarket for the Period 2021 - 2031
  • Historical Data and Forecast of South Africa Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Nigeria Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Egypt Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Africa Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Hangers for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Flanges for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Master Valve for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Choke for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Onshore for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Offshore for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Sector for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Europe Wellhead Equipment Market Revenues & Volume By Aftermarket for the Period 2021 - 2031
  • Historical Data and Forecast of United Kingdom Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of France Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Germany Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Europe Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Hangers for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Flanges for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Master Valve for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Choke for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Onshore for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Offshore for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Sector for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By OEM for the Period 2021 - 2031
  • Historical Data and Forecast of Middle East Wellhead Equipment Market Revenues & Volume By Aftermarket for the Period 2021 - 2031
  • Historical Data and Forecast of Saudi Arabia Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of UAE Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Turkey Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Historical Data and Forecast of Rest of Middle East Wellhead Equipment Market Revenues & Volume for the Period 2021 - 2031
  • Global Wellhead Equipment Market - Key Performance Indicators
  • Global Wellhead Equipment Market - Import Export Trade Statistics
  • Global Wellhead Equipment Market - Opportunity Assessment By Countries
  • Global Wellhead Equipment Market - Opportunity Assessment By Component
  • Global Wellhead Equipment Market - Opportunity Assessment By Application
  • Global Wellhead Equipment Market - Opportunity Assessment By Sector
  • Global Wellhead Equipment Market - Top Companies Market Share
  • Global Wellhead Equipment Market - Top Companies Profiles
  • Global Wellhead Equipment Market - Comparison of Players in Technical and Operating Parameters
  • Global Wellhead Equipment Market - Strategic Recommendations

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Global Wellhead Equipment Market

1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Global Wellhead Equipment Market Overview

3.1 Global Regional Macro Economic Indicators

3.2 Global Wellhead Equipment Market Revenues & Volume, 2021 & 2031F

3.3 Global Wellhead Equipment Market - Industry Life Cycle

3.4 Global Wellhead Equipment Market - Porter's Five Forces

3.5 Global Wellhead Equipment Market Revenues & Volume Share, By Regions, 2021 & 2031F

3.6 Global Wellhead Equipment Market Revenues & Volume Share, By Component, 2021 & 2031F

3.7 Global Wellhead Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 Global Wellhead Equipment Market Revenues & Volume Share, By Sector, 2021 & 2031F

4 Global Wellhead Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Global Wellhead Equipment Market Trends

6 Global Wellhead Equipment Market, 2021 - 2031

6.1 Global Wellhead Equipment Market, Revenues & Volume, By Component, 2021 - 2031

6.1.1 Overview & Analysis

6.1.2 Global Wellhead Equipment Market, Revenues & Volume, By Hangers, 2021 - 2031

6.1.3 Global Wellhead Equipment Market, Revenues & Volume, By Flanges, 2021 - 2031

6.1.4 Global Wellhead Equipment Market, Revenues & Volume, By Master Valve, 2021 - 2031

6.1.5 Global Wellhead Equipment Market, Revenues & Volume, By Choke, 2021 - 2031

6.1.6 Global Wellhead Equipment Market, Revenues & Volume, By Others, 2021 - 2031

6.2 Global Wellhead Equipment Market, Revenues & Volume, By Application, 2021 - 2031

6.2.1 Overview & Analysis

6.2.2 Global Wellhead Equipment Market, Revenues & Volume, By Onshore, 2021 - 2031

6.2.3 Global Wellhead Equipment Market, Revenues & Volume, By Offshore, 2021 - 2031

6.3 Global Wellhead Equipment Market, Revenues & Volume, By Sector, 2021 - 2031

6.3.1 Overview & Analysis

6.3.2 Global Wellhead Equipment Market, Revenues & Volume, By OEM, 2021 - 2031

6.3.3 Global Wellhead Equipment Market, Revenues & Volume, By Aftermarket, 2021 - 2031

7 North America Wellhead Equipment Market, Overview & Analysis

7.1 North America Wellhead Equipment Market Revenues & Volume, 2021 - 2031

7.2 North America Wellhead Equipment Market, Revenues & Volume, By Countries, 2021 - 2031

7.2.1 United States (US) Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

7.2.2 Canada Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

7.2.3 Rest of North America Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

7.3 North America Wellhead Equipment Market, Revenues & Volume, By Component, 2021 - 2031

7.4 North America Wellhead Equipment Market, Revenues & Volume, By Application, 2021 - 2031

7.5 North America Wellhead Equipment Market, Revenues & Volume, By Sector, 2021 - 2031

8 Latin America (LATAM) Wellhead Equipment Market, Overview & Analysis

8.1 Latin America (LATAM) Wellhead Equipment Market Revenues & Volume, 2021 - 2031

8.2 Latin America (LATAM) Wellhead Equipment Market, Revenues & Volume, By Countries, 2021 - 2031

8.2.1 Brazil Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

8.2.2 Mexico Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

8.2.3 Argentina Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

8.2.4 Rest of LATAM Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

8.3 Latin America (LATAM) Wellhead Equipment Market, Revenues & Volume, By Component, 2021 - 2031

8.4 Latin America (LATAM) Wellhead Equipment Market, Revenues & Volume, By Application, 2021 - 2031

8.5 Latin America (LATAM) Wellhead Equipment Market, Revenues & Volume, By Sector, 2021 - 2031

9 Asia Wellhead Equipment Market, Overview & Analysis

9.1 Asia Wellhead Equipment Market Revenues & Volume, 2021 - 2031

9.2 Asia Wellhead Equipment Market, Revenues & Volume, By Countries, 2021 - 2031

9.2.1 India Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

9.2.2 China Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

9.2.3 Japan Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

9.2.4 Rest of Asia Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

9.3 Asia Wellhead Equipment Market, Revenues & Volume, By Component, 2021 - 2031

9.4 Asia Wellhead Equipment Market, Revenues & Volume, By Application, 2021 - 2031

9.5 Asia Wellhead Equipment Market, Revenues & Volume, By Sector, 2021 - 2031

10 Africa Wellhead Equipment Market, Overview & Analysis

10.1 Africa Wellhead Equipment Market Revenues & Volume, 2021 - 2031

10.2 Africa Wellhead Equipment Market, Revenues & Volume, By Countries, 2021 - 2031

10.2.1 South Africa Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

10.2.2 Egypt Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

10.2.3 Nigeria Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

10.2.4 Rest of Africa Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

10.3 Africa Wellhead Equipment Market, Revenues & Volume, By Component, 2021 - 2031

10.4 Africa Wellhead Equipment Market, Revenues & Volume, By Application, 2021 - 2031

10.5 Africa Wellhead Equipment Market, Revenues & Volume, By Sector, 2021 - 2031

11 Europe Wellhead Equipment Market, Overview & Analysis

11.1 Europe Wellhead Equipment Market Revenues & Volume, 2021 - 2031

11.2 Europe Wellhead Equipment Market, Revenues & Volume, By Countries, 2021 - 2031

11.2.1 United Kingdom Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

11.2.2 Germany Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

11.2.3 France Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

11.2.4 Rest of Europe Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

11.3 Europe Wellhead Equipment Market, Revenues & Volume, By Component, 2021 - 2031

11.4 Europe Wellhead Equipment Market, Revenues & Volume, By Application, 2021 - 2031

11.5 Europe Wellhead Equipment Market, Revenues & Volume, By Sector, 2021 - 2031

12 Middle East Wellhead Equipment Market, Overview & Analysis

12.1 Middle East Wellhead Equipment Market Revenues & Volume, 2021 - 2031

12.2 Middle East Wellhead Equipment Market, Revenues & Volume, By Countries, 2021 - 2031

12.2.1 Saudi Arabia Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

12.2.2 UAE Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

12.2.3 Turkey Wellhead Equipment Market, Revenues & Volume, 2021 - 2031

12.3 Middle East Wellhead Equipment Market, Revenues & Volume, By Component, 2021 - 2031

12.4 Middle East Wellhead Equipment Market, Revenues & Volume, By Application, 2021 - 2031

12.5 Middle East Wellhead Equipment Market, Revenues & Volume, By Sector, 2021 - 2031

13 Global Wellhead Equipment Market Key Performance Indicators

14 Global Wellhead Equipment Market - Export/Import By Countries Assessment

15 Global Wellhead Equipment Market - Opportunity Assessment

15.1 Global Wellhead Equipment Market Opportunity Assessment, By Countries, 2021 & 2031F

15.2 Global Wellhead Equipment Market Opportunity Assessment, By Component, 2021 & 2031F

15.3 Global Wellhead Equipment Market Opportunity Assessment, By Application, 2021 & 2031F

15.4 Global Wellhead Equipment Market Opportunity Assessment, By Sector, 2021 & 2031F

16 Global Wellhead Equipment Market - Competitive Landscape

16.1 Global Wellhead Equipment Market Revenue Share, By Companies, 2024

16.2 Global Wellhead Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

17 Top 10 Company Profiles

18 Recommendations

19 Disclaimer

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