Stamped Metal Global Market Report 2024

Description

“Stamped Metal Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on stamped metal market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for stamped metal? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The stamped metal market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Process: Blanking; Embossing; Bending; Coining; Deep Drawing; Flanging; Other Processed
2) By Material: Steel; Aluminum; Copper; Other Materials
3) By Application: Automotive; Industrial Machinery; Consumer Electronics; Aerospace and Aviation; Electricals and Electronics; Telecommunications; Medical Devices; Defense; Other Applications
Companies Mentioned: Alcoa Corporation; Manor Tool & Manufacturing Company; Acro Stamped Metal Products Inc.; Kenmode Precision Metal Stamping; Clow Stamping Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Metal stamping is a technique widely employed in the automotive industry to fabricate components with precise dimensions and shapes that meet strict specifications and tolerances.

The primary process types in the field of stamped metal manufacturing encompass blanking, embossing, bending, coining, deep drawing, flanging, and various other processes. Blanking, for instance, is a metal production process in which a metal workpiece is separated from the main metal strip through punching. The materials used in metal stamping include steel, aluminum, copper, and other metals. These techniques find applications in a variety of industries, including automotive, industrial machinery, consumer electronics, aerospace and aviation, electrical and electronics, telecommunications, medical devices, defense, and various other industrial applications.

The stamped metal market research report is one of a series of new reports from The Business Research Company that provides stamped metal market statistics, including stamped metal industry global market size, regional shares, competitors with a stamped metal market share, detailed stamped metal market segments, market trends and opportunities, and any further data you may need to thrive in the stamped metal industry. This stamped metal market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The stamped metal market size has grown strongly in recent years. It will grow from $464.27 billion in 2023 to $498.39 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The expansion observed during the historical period can be attributed to factors such as industrialization and the growth of manufacturing, the expansion of the automotive industry, advancements in stamping technology, the demands arising from world wars and defense needs, as well as the effects of urbanization and construction.

The stamped metal market size is expected to see strong growth in the next few years. It will grow to $644.83 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The anticipated growth in the forecast period can be attributed to a focus on sustainability and eco-friendliness, the ongoing electric vehicle (EV) revolution, the impact of 5G technology and electronics, the development of renewable energy infrastructure, and innovations in the aerospace sector. Notable trends expected during the forecast period encompass an emphasis on customization and design flexibility, the use of advanced materials and alloys, the integration of automation and robotics, the adoption of digitalization and Industry 4.0 practices, and the reconsideration of reshoring and supply chain resilience.

The stamped metal market is expected to see growth due to an increased demand for metal components in the aviation industry. Aerospace manufacturers rely on stamped metal to meet various specifications, allowing them to produce high-quality precision components that adhere to strict requirements. For example, Wiegel Tool Works has been a trusted manufacturer of metal stamped components for over 77 years, serving OEM and tier manufacturers in the aerospace industry.

The rising demand for consumer electronics is anticipated to drive the growth of the stamped metal market. Consumer electronics encompass a wide range of products designed for entertainment, productivity, communication, and convenience, including smartphones, laptops, televisions, audio devices, gaming consoles, and various home appliances. Stamped metal plays a crucial role in creating casings, precise components, and custom parts for consumer electronics, aligning with the market's focus on durability, cost-efficiency, and miniaturization. For instance, in January 2023, LG, a South Korea-based consumer electronics company, reported record-breaking annual revenue in 2022, with sales surpassing $60 billion, marking a 12.9% increase from 2021. The LG Home Appliance & Air Solution Company also achieved a record-breaking year with $22.5 billion in revenue, up 10.3% from the previous year. Therefore, the growth in consumer electronics is a driving force in the stamped metal market.

Fluctuations in metal prices present a challenge to the growth of the stamped metal market. Global supply and demand dynamics impact metal prices, leading to price fluctuations. For instance, data from 2022 indicates that high aluminum and nickel prices in 2021 averaged around $2200/ton and $16500/ton, with a slight deceleration in 2022. Iron ore prices surged by nearly 25% in the first quarter of 2021, driven by strong Chinese demand. These metal price fluctuations pose constraints on the growth of the stamped metal market.

Automation in the stamped metal industry is a prominent trend propelling the growth of the stamped metal market. Automation in this industry enhances production efficiency through technologies like laser cutting, which offers high precision and increased output speed. The use of robotics or automated systems for repetitive tasks reduces the need for manual labor in the stamped metal industry, as robots can perform various processes, including bending and cutting. North America, with key players like Kenmode Precision Metal and Wisconsin Metal Parts, is poised for further automation in the stamped metal industry in 2022.

Major companies operating in the stamped metal market are focusing on developing innovative products, such as metal stamping simulation software, to gain a competitive edge. Simulation software allows users to model and analyze real-world systems or processes in a virtual environment. For example, in April 2022, Ansys Inc., a U.S.-based software development company, launched Ansys Forming, a metal stamping simulation software powered by Ansys LS-DYNA. This comprehensive tool offers feasibility analysis, formability assessment, and springback prediction, streamlining metal manufacturing processes, increasing productivity, and delivering precise results.

In October 2021, Orlando Spring Corporation, a U.S.-based provider of highly engineered springs, machined parts, wire forms, and precision components for the aerospace, medical, electronics, and defense industries, acquired the metal stamping assets of Advanex Americas to significantly expand its stamping capabilities. Advanex Americas is a U.S.-based company specializing in precision manufacturing solutions and metal stamping.

Major companies operating in the stamped metal market include Alcoa Corporation, Manor Tool & Manufacturing Company, Acro Stamped Metal Products Inc., Kenmode Precision Metal Stamping, Clow Stamping Company, Aro Metal Stamping Company Inc., D&H Industries Inc., Lindy Manufacturing Co., American Axle & Manufacturing Holdings Inc., Nelson-Miller Inc., Thyssenkrupp AG, Martinrea International Inc., Wisconsin Metal Parts Inc., Shiloh Industries Inc., Klesk Stamped Metal Inc., CIE Automotive S.A., Magna International Inc., Gestamp Automocion S.A., HTT Inc., Brandauer Holdings Limited, Harvey Vogel Manufacturing Co., Trans-Matic Manufacturing Company Inc., ODM Tool & Manufacturing Co. Inc., Tempco Manufacturing Company Inc., Ramcel Engineering Company, Stamped Products Inc., Acro Metal Stamping Co., Atlas Stamping and Manufacturing Co. Inc., Lake Air Companies

Asia-Pacific was the largest region in the stamped metal market in 2023. Western Europe was the second largest region in the stamped metal market analysis. The regions covered in the stamped metal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the stamped metal market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The stamped metal market consists of sales of stainless steel, low carbon steel, and brass. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r9242

1. Executive Summary

2. Stamped Metal Market Characteristics

3. Stamped Metal Market Trends And Strategies

4. Stamped Metal Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Stamped Metal Market Size and Growth

5.1. Global Stamped Metal Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Stamped Metal Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Stamped Metal Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Stamped Metal Market Segmentation

6.1. Global Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Steel
Aluminum
Copper
Other Materials
6.2. Global Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Blanking
Embossing
Bending
Coining
Deep Drawing
Flanging
Other Processed
6.3. Global Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Automotive
Industrial Machinery
Consumer Electronics
Aerospace and Aviation
Electricals and Electronics
Telecommunications
Medical Devices
Defense
Other Applications

7. Stamped Metal Market Regional And Country Analysis

7.1. Global Stamped Metal Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Stamped Metal Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Stamped Metal Market

8.1. Asia-Pacific Stamped Metal Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Stamped Metal Market

9.1. China Stamped Metal Market Overview
9.2. China Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Stamped Metal Market

10.1. India Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Stamped Metal Market

11.1. Japan Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Stamped Metal Market

12.1. Australia Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Stamped Metal Market

13.1. Indonesia Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Stamped Metal Market

14.1. South Korea Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Stamped Metal Market

15.1. Western Europe Stamped Metal Market Overview
15.2. Western Europe Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Stamped Metal Market

16.1. UK Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Stamped Metal Market

17.1. Germany Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Stamped Metal Market

18.5. France Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Stamped Metal Market

19.9. Italy Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Stamped Metal Market

20.13. Spain Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Stamped Metal Market

21.1. Eastern Europe Stamped Metal Market Overview
21.2. Eastern Europe Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Stamped Metal Market

22.1. Russia Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Stamped Metal Market

23.1. North America Stamped Metal Market Overview
23.2. North America Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Stamped Metal Market

24.1. USA Stamped Metal Market Overview
24.2. USA Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Stamped Metal Market

25.1. Canada Stamped Metal Market Overview
25.2. Canada Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Stamped Metal Market

26.1. South America Stamped Metal Market Overview
26.2. South America Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Stamped Metal Market

27.1. Brazil Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Stamped Metal Market

28.1. Middle East Stamped Metal Market Overview
28.2. Middle East Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Stamped Metal Market

29.1. Africa Stamped Metal Market Overview
29.2. Africa Stamped Metal Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Stamped Metal Market, Segmentation By Process, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Stamped Metal Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Stamped Metal Market Competitive Landscape And Company Profiles

30.1. Stamped Metal Market Competitive Landscape
30.2. Stamped Metal Market Company Profiles
- 30.2.1. Alcoa Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Manor Tool & Manufacturing Company
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Acro Stamped Metal Products Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Kenmode Precision Metal Stamping
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Clow Stamping Company
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Stamped Metal Market Competitive Benchmarking

32. Global Stamped Metal Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Stamped Metal Market

34. Stamped Metal Market Future Outlook and Potential Analysis

34.1 Stamped Metal Market In 2028 - Countries Offering Most New Opportunities
34.2 Stamped Metal Market In 2028 - Segments Offering Most New Opportunities
34.3 Stamped Metal Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer