▶ 調査レポート

高性能電解銅箔の世界市場見通し2023年-2029年

• 英文タイトル:High Performance Electrolytic Copper Foil Market, Global Outlook and Forecast 2023-2029

Market Monitor Globalが調査・発行した産業分析レポートです。高性能電解銅箔の世界市場見通し2023年-2029年 / High Performance Electrolytic Copper Foil Market, Global Outlook and Forecast 2023-2029 / MRC2312MG05799資料のイメージです。• レポートコード:MRC2312MG05799
• 出版社/出版日:Market Monitor Global / 2023年12月
• レポート形態:英文、PDF、75ページ
• 納品方法:Eメール(納期:3営業日)
• 産業分類:化学&材料
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レポート概要
当調査レポートは次の情報を含め、世界の高性能電解銅箔市場規模と予測を収録しています。・世界の高性能電解銅箔市場:売上、2018年-2023年、2024年-2029年
・世界の高性能電解銅箔市場:販売量、2018年-2023年、2024年-2029年
・世界のトップ5企業、2022年

世界の高性能電解銅箔市場は2022年に000Mドルと評価され、予測期間中に000%のCAGRで2029年までに000Mドルに達すると予測されています。米国市場は2022年に000Mドルと推定されており、中国は2029年までに000Mドルに達すると予測されています。「極薄電解銅箔」セグメントは今後6年間、000%のCAGRで2029年までに000Mドルに成長すると予測されています。

高性能電解銅箔のグローバル主要企業は、Targray、 Civen、 JM、 Mitsui Mining & Smelting、 Furukawa Electric、 Circuit Foil、 LS Mtron、 Iljin Materials、 Chang Chun Group、 DEFU Technology、 Evoquaなどです。2022年にトップ5企業がグローバル売上シェアの約000%を占めています。

MARKET MONITOR GLOBAL(MMG)は、高性能電解銅箔のメーカー、サプライヤー、流通業者、および業界の専門家を調査しました。これには、販売量、売上、需要、価格変動、製品タイプ、最近の動向と計画、産業トレンド、成長要因、課題、阻害要因、潜在的なリスクなどが含まれます。

【セグメント別市場分析】

世界の高性能電解銅箔市場:タイプ別、2018年-2023年、2024年-2029年
世界の高性能電解銅箔市場:タイプ別市場シェア、2022年
・極薄電解銅箔、高伸度電解銅箔

世界の高性能電解銅箔市場:用途別、2018年-2023年、2024年-2029年
世界の高性能電解銅箔市場:用途別市場シェア、2022年
・PCB印刷、コネクター製造、リチウム電池製造、その他

世界の高性能電解銅箔市場:地域・国別、2018年-2023年、2024年-2029年
世界の高性能電解銅箔市場:地域別市場シェア、2022年
・北米:アメリカ、カナダ、メキシコ
・ヨーロッパ:ドイツ、フランス、イギリス、イタリア、ロシア
・アジア:中国、日本、韓国、東南アジア、インド
・南米:ブラジル、アルゼンチン
・中東・アフリカ:トルコ、イスラエル、サウジアラビア、UAE

【競合分析】

また、当レポートは主要な市場参加者の分析を提供します。
・主要企業における高性能電解銅箔のグローバル売上、2018年-2023年
・主要企業における高性能電解銅箔のグローバル売上シェア、2022年
・主要企業における高性能電解銅箔のグローバル販売量、2018年-2023年
・主要企業における高性能電解銅箔のグローバル販売量シェア、2022年

さらに、当レポートは主要企業のプロファイルを提示します。
Targray、 Civen、 JM、 Mitsui Mining & Smelting、 Furukawa Electric、 Circuit Foil、 LS Mtron、 Iljin Materials、 Chang Chun Group、 DEFU Technology、 Evoqua

*************************************************************

・調査・分析レポートの概要
高性能電解銅箔市場の定義
市場セグメント
世界の高性能電解銅箔市場概要
当レポートの特徴・ベネフィット
調査手法と情報源

・世界の高性能電解銅箔市場規模
世界の高性能電解銅箔市場規模:2022年 VS 2029年
世界の高性能電解銅箔市場規模と予測 2018年-2029年

・競争状況
グローバルトップ企業
売上ベースでのグローバルトップ企業
企業別グローバルでの高性能電解銅箔の売上
グローバルトップ3およびトップ5企業、2022年売上ベース
グローバル企業の高性能電解銅箔製品タイプ
グローバルにおけるティア1、ティア2、ティア3企業

・タイプ別市場分析
タイプ区分:極薄電解銅箔、高伸度電解銅箔
高性能電解銅箔のタイプ別グローバル売上・予測

・用途別市場分析
用途区分:PCB印刷、コネクター製造、リチウム電池製造、その他
高性能電解銅箔の用途別グローバル売上・予測

・地域別市場分析
地域別高性能電解銅箔市場規模 2022年と2029年
地域別高性能電解銅箔売上・予測
北米市場:アメリカ、カナダ、メキシコ
ヨーロッパ市場:ドイツ、フランス、イギリス、イタリア、ロシア
アジア市場:中国、日本、韓国、東南アジア、インド
南米市場:ブラジル、アルゼンチン
中東・アフリカ市場:トルコ、イスラエル、サウジアラビア、UAE

・主要企業のプロファイル(企業概要、事業概要、主要製品、売上、ニュースなど)
Targray、 Civen、 JM、 Mitsui Mining & Smelting、 Furukawa Electric、 Circuit Foil、 LS Mtron、 Iljin Materials、 Chang Chun Group、 DEFU Technology、 Evoqua
...

This research report provides a comprehensive analysis of the High Performance Electrolytic Copper Foil market, focusing on the current trends, market dynamics, and future prospects. The report explores the global High Performance Electrolytic Copper Foil market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of High Performance Electrolytic Copper Foil, challenges faced by the industry, and potential opportunities for market players.
The global High Performance Electrolytic Copper Foil market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The High Performance Electrolytic Copper Foil market presents opportunities for various stakeholders, including PCB Printing, Connector Manufacturing. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in High Performance Electrolytic Copper Foil market. Additionally, the growing consumer demand present avenues for market expansion.
The global High Performance Electrolytic Copper Foil market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Key Features:
The research report on the High Performance Electrolytic Copper Foil market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the High Performance Electrolytic Copper Foil market.
Market Overview: The report provides a comprehensive overview of the High Performance Electrolytic Copper Foil market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Ultra-Thin Electrolytic Copper Foil, High Elongation Electrolytic Copper Foil), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the High Performance Electrolytic Copper Foil market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the High Performance Electrolytic Copper Foil market’s trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the High Performance Electrolytic Copper Foil market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the High Performance Electrolytic Copper Foil market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the High Performance Electrolytic Copper Foil market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the High Performance Electrolytic Copper Foil market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for High Performance Electrolytic Copper Foil, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the High Performance Electrolytic Copper Foil market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
High Performance Electrolytic Copper Foil market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Ultra-Thin Electrolytic Copper Foil
High Elongation Electrolytic Copper Foil
Market segment by Application
PCB Printing
Connector Manufacturing
Lithium Battery Manufacturing
Others
Global High Performance Electrolytic Copper Foil Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Major players covered
Targray
Civen
JM
Mitsui Mining & Smelting
Furukawa Electric
Circuit Foil
LS Mtron
Iljin Materials
Chang Chun Group
DEFU Technology
Evoqua
Outline of Major Chapters:
Chapter 1: Introduces the definition of High Performance Electrolytic Copper Foil, market overview.
Chapter 2: Global High Performance Electrolytic Copper Foil market size in revenue and volume.
Chapter 3: Detailed analysis of High Performance Electrolytic Copper Foil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, 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: Sales of High Performance Electrolytic Copper Foil 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 of each country in the world.
Chapter 7: 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 8: Global High Performance Electrolytic Copper Foil capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

レポート目次

1 Introduction to Research & Analysis Reports
1.1 High Performance Electrolytic Copper Foil Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global High Performance Electrolytic Copper Foil Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global High Performance Electrolytic Copper Foil Overall Market Size
2.1 Global High Performance Electrolytic Copper Foil Market Size: 2022 VS 2029
2.2 Global High Performance Electrolytic Copper Foil Revenue, Prospects & Forecasts: 2018-2029
2.3 Global High Performance Electrolytic Copper Foil Sales: 2018-2029
3 Company Landscape
3.1 Top High Performance Electrolytic Copper Foil Players in Global Market
3.2 Top Global High Performance Electrolytic Copper Foil Companies Ranked by Revenue
3.3 Global High Performance Electrolytic Copper Foil Revenue by Companies
3.4 Global High Performance Electrolytic Copper Foil Sales by Companies
3.5 Global High Performance Electrolytic Copper Foil Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 High Performance Electrolytic Copper Foil Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers High Performance Electrolytic Copper Foil Product Type
3.8 Tier 1, Tier 2 and Tier 3 High Performance Electrolytic Copper Foil Players in Global Market
3.8.1 List of Global Tier 1 High Performance Electrolytic Copper Foil Companies
3.8.2 List of Global Tier 2 and Tier 3 High Performance Electrolytic Copper Foil Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type – Global High Performance Electrolytic Copper Foil Market Size Markets, 2022 & 2029
4.1.2 Ultra-Thin Electrolytic Copper Foil
4.1.3 High Elongation Electrolytic Copper Foil
4.2 By Type – Global High Performance Electrolytic Copper Foil Revenue & Forecasts
4.2.1 By Type – Global High Performance Electrolytic Copper Foil Revenue, 2018-2023
4.2.2 By Type – Global High Performance Electrolytic Copper Foil Revenue, 2024-2029
4.2.3 By Type – Global High Performance Electrolytic Copper Foil Revenue Market Share, 2018-2029
4.3 By Type – Global High Performance Electrolytic Copper Foil Sales & Forecasts
4.3.1 By Type – Global High Performance Electrolytic Copper Foil Sales, 2018-2023
4.3.2 By Type – Global High Performance Electrolytic Copper Foil Sales, 2024-2029
4.3.3 By Type – Global High Performance Electrolytic Copper Foil Sales Market Share, 2018-2029
4.4 By Type – Global High Performance Electrolytic Copper Foil Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application – Global High Performance Electrolytic Copper Foil Market Size, 2022 & 2029
5.1.2 PCB Printing
5.1.3 Connector Manufacturing
5.1.4 Lithium Battery Manufacturing
5.1.5 Others
5.2 By Application – Global High Performance Electrolytic Copper Foil Revenue & Forecasts
5.2.1 By Application – Global High Performance Electrolytic Copper Foil Revenue, 2018-2023
5.2.2 By Application – Global High Performance Electrolytic Copper Foil Revenue, 2024-2029
5.2.3 By Application – Global High Performance Electrolytic Copper Foil Revenue Market Share, 2018-2029
5.3 By Application – Global High Performance Electrolytic Copper Foil Sales & Forecasts
5.3.1 By Application – Global High Performance Electrolytic Copper Foil Sales, 2018-2023
5.3.2 By Application – Global High Performance Electrolytic Copper Foil Sales, 2024-2029
5.3.3 By Application – Global High Performance Electrolytic Copper Foil Sales Market Share, 2018-2029
5.4 By Application – Global High Performance Electrolytic Copper Foil Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region – Global High Performance Electrolytic Copper Foil Market Size, 2022 & 2029
6.2 By Region – Global High Performance Electrolytic Copper Foil Revenue & Forecasts
6.2.1 By Region – Global High Performance Electrolytic Copper Foil Revenue, 2018-2023
6.2.2 By Region – Global High Performance Electrolytic Copper Foil Revenue, 2024-2029
6.2.3 By Region – Global High Performance Electrolytic Copper Foil Revenue Market Share, 2018-2029
6.3 By Region – Global High Performance Electrolytic Copper Foil Sales & Forecasts
6.3.1 By Region – Global High Performance Electrolytic Copper Foil Sales, 2018-2023
6.3.2 By Region – Global High Performance Electrolytic Copper Foil Sales, 2024-2029
6.3.3 By Region – Global High Performance Electrolytic Copper Foil Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country – North America High Performance Electrolytic Copper Foil Revenue, 2018-2029
6.4.2 By Country – North America High Performance Electrolytic Copper Foil Sales, 2018-2029
6.4.3 US High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.4.4 Canada High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.4.5 Mexico High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.5 Europe
6.5.1 By Country – Europe High Performance Electrolytic Copper Foil Revenue, 2018-2029
6.5.2 By Country – Europe High Performance Electrolytic Copper Foil Sales, 2018-2029
6.5.3 Germany High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.5.4 France High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.5.5 U.K. High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.5.6 Italy High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.5.7 Russia High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.5.8 Nordic Countries High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.5.9 Benelux High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.6 Asia
6.6.1 By Region – Asia High Performance Electrolytic Copper Foil Revenue, 2018-2029
6.6.2 By Region – Asia High Performance Electrolytic Copper Foil Sales, 2018-2029
6.6.3 China High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.6.4 Japan High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.6.5 South Korea High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.6.6 Southeast Asia High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.6.7 India High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.7 South America
6.7.1 By Country – South America High Performance Electrolytic Copper Foil Revenue, 2018-2029
6.7.2 By Country – South America High Performance Electrolytic Copper Foil Sales, 2018-2029
6.7.3 Brazil High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.7.4 Argentina High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country – Middle East & Africa High Performance Electrolytic Copper Foil Revenue, 2018-2029
6.8.2 By Country – Middle East & Africa High Performance Electrolytic Copper Foil Sales, 2018-2029
6.8.3 Turkey High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.8.4 Israel High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.8.5 Saudi Arabia High Performance Electrolytic Copper Foil Market Size, 2018-2029
6.8.6 UAE High Performance Electrolytic Copper Foil Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Targray
7.1.1 Targray Company Summary
7.1.2 Targray Business Overview
7.1.3 Targray High Performance Electrolytic Copper Foil Major Product Offerings
7.1.4 Targray High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.1.5 Targray Key News & Latest Developments
7.2 Civen
7.2.1 Civen Company Summary
7.2.2 Civen Business Overview
7.2.3 Civen High Performance Electrolytic Copper Foil Major Product Offerings
7.2.4 Civen High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.2.5 Civen Key News & Latest Developments
7.3 JM
7.3.1 JM Company Summary
7.3.2 JM Business Overview
7.3.3 JM High Performance Electrolytic Copper Foil Major Product Offerings
7.3.4 JM High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.3.5 JM Key News & Latest Developments
7.4 Mitsui Mining & Smelting
7.4.1 Mitsui Mining & Smelting Company Summary
7.4.2 Mitsui Mining & Smelting Business Overview
7.4.3 Mitsui Mining & Smelting High Performance Electrolytic Copper Foil Major Product Offerings
7.4.4 Mitsui Mining & Smelting High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.4.5 Mitsui Mining & Smelting Key News & Latest Developments
7.5 Furukawa Electric
7.5.1 Furukawa Electric Company Summary
7.5.2 Furukawa Electric Business Overview
7.5.3 Furukawa Electric High Performance Electrolytic Copper Foil Major Product Offerings
7.5.4 Furukawa Electric High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.5.5 Furukawa Electric Key News & Latest Developments
7.6 Circuit Foil
7.6.1 Circuit Foil Company Summary
7.6.2 Circuit Foil Business Overview
7.6.3 Circuit Foil High Performance Electrolytic Copper Foil Major Product Offerings
7.6.4 Circuit Foil High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.6.5 Circuit Foil Key News & Latest Developments
7.7 LS Mtron
7.7.1 LS Mtron Company Summary
7.7.2 LS Mtron Business Overview
7.7.3 LS Mtron High Performance Electrolytic Copper Foil Major Product Offerings
7.7.4 LS Mtron High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.7.5 LS Mtron Key News & Latest Developments
7.8 Iljin Materials
7.8.1 Iljin Materials Company Summary
7.8.2 Iljin Materials Business Overview
7.8.3 Iljin Materials High Performance Electrolytic Copper Foil Major Product Offerings
7.8.4 Iljin Materials High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.8.5 Iljin Materials Key News & Latest Developments
7.9 Chang Chun Group
7.9.1 Chang Chun Group Company Summary
7.9.2 Chang Chun Group Business Overview
7.9.3 Chang Chun Group High Performance Electrolytic Copper Foil Major Product Offerings
7.9.4 Chang Chun Group High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.9.5 Chang Chun Group Key News & Latest Developments
7.10 DEFU Technology
7.10.1 DEFU Technology Company Summary
7.10.2 DEFU Technology Business Overview
7.10.3 DEFU Technology High Performance Electrolytic Copper Foil Major Product Offerings
7.10.4 DEFU Technology High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.10.5 DEFU Technology Key News & Latest Developments
7.11 Evoqua
7.11.1 Evoqua Company Summary
7.11.2 Evoqua Business Overview
7.11.3 Evoqua High Performance Electrolytic Copper Foil Major Product Offerings
7.11.4 Evoqua High Performance Electrolytic Copper Foil Sales and Revenue in Global (2018-2023)
7.11.5 Evoqua Key News & Latest Developments
8 Global High Performance Electrolytic Copper Foil Production Capacity, Analysis
8.1 Global High Performance Electrolytic Copper Foil Production Capacity, 2018-2029
8.2 High Performance Electrolytic Copper Foil Production Capacity of Key Manufacturers in Global Market
8.3 Global High Performance Electrolytic Copper Foil Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 High Performance Electrolytic Copper Foil Supply Chain Analysis
10.1 High Performance Electrolytic Copper Foil Industry Value Chain
10.2 High Performance Electrolytic Copper Foil Upstream Market
10.3 High Performance Electrolytic Copper Foil Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 High Performance Electrolytic Copper Foil Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer