
Global Biocides Competitive Landscape Professional Research Report 2025
Description
Research Summary
Biocides are chemical substances or mixtures that are used to control, prevent, or eliminate harmful organisms, including bacteria, viruses, fungi, algae, and other microorganisms. They are typically used in various industries and applications, such as water treatment, agriculture, healthcare, industrial processes, and consumer products. Biocides work by interfering with the vital biological processes of the target organisms, either by inhibiting their growth, damaging their cell structures, or disrupting their metabolic functions. They are employed to prevent the spread of diseases, protect materials from microbial degradation, sanitize surfaces, and ensure hygiene and safety in different settings. However, it is important to use biocides responsibly, following proper regulations and guidelines, to minimize potential risks to human health and the environment.
According to DIResearch's in-depth investigation and research, the global Biocides market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Biocides include Lonza, Dow Microbial Control, Troy Corporation, ThorGmbh, Lanxess, Clariant, BASF, AkzoNobel, Nalco Champion, Albemarle, DuPont, Kemira, Baker Hughes, Bio Chemical, Xingyuan Chemistry etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Biocides. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Biocides market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Biocides market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Biocides industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Biocides Include:
Lonza
Dow Microbial Control
Troy Corporation
ThorGmbh
Lanxess
Clariant
BASF
AkzoNobel
Nalco Champion
Albemarle
DuPont
Kemira
Baker Hughes
Bio Chemical
Xingyuan Chemistry
Biocides Product Segment Include:
Disinfectants and General Biocidal Products
Preservatives
Pest Control
Others
Biocides Product Application Include:
Water Treatment
Food & Beverage
Personal Care
Wood Preservation
Paintings & Coatings
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Biocides Capacity and Production Analysis
Chapter 3: Global Biocides Industry PESTEL Analysis
Chapter 4: Global Biocides Industry Porter's Five Forces Analysis
Chapter 5: Global Biocides Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Biocides Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Biocides Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
Biocides are chemical substances or mixtures that are used to control, prevent, or eliminate harmful organisms, including bacteria, viruses, fungi, algae, and other microorganisms. They are typically used in various industries and applications, such as water treatment, agriculture, healthcare, industrial processes, and consumer products. Biocides work by interfering with the vital biological processes of the target organisms, either by inhibiting their growth, damaging their cell structures, or disrupting their metabolic functions. They are employed to prevent the spread of diseases, protect materials from microbial degradation, sanitize surfaces, and ensure hygiene and safety in different settings. However, it is important to use biocides responsibly, following proper regulations and guidelines, to minimize potential risks to human health and the environment.
According to DIResearch's in-depth investigation and research, the global Biocides market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Biocides include Lonza, Dow Microbial Control, Troy Corporation, ThorGmbh, Lanxess, Clariant, BASF, AkzoNobel, Nalco Champion, Albemarle, DuPont, Kemira, Baker Hughes, Bio Chemical, Xingyuan Chemistry etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Biocides. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Biocides market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Biocides market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Biocides industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Biocides Include:
Lonza
Dow Microbial Control
Troy Corporation
ThorGmbh
Lanxess
Clariant
BASF
AkzoNobel
Nalco Champion
Albemarle
DuPont
Kemira
Baker Hughes
Bio Chemical
Xingyuan Chemistry
Biocides Product Segment Include:
Disinfectants and General Biocidal Products
Preservatives
Pest Control
Others
Biocides Product Application Include:
Water Treatment
Food & Beverage
Personal Care
Wood Preservation
Paintings & Coatings
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Biocides Capacity and Production Analysis
Chapter 3: Global Biocides Industry PESTEL Analysis
Chapter 4: Global Biocides Industry Porter's Five Forces Analysis
Chapter 5: Global Biocides Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Biocides Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Biocides Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Biocides Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 16: Research Findings and Conclusion
Chapter 17: Methodology and Data Sources
Table of Contents
170 Pages
- 1 Biocides Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Biocides Product by Type
- 1.2.1 Disinfectants and General Biocidal Products
- 1.2.2 Preservatives
- 1.2.3 Pest Control
- 1.2.4 Others
- 1.3 Biocides Product by Application
- 1.3.1 Water Treatment
- 1.3.2 Food & Beverage
- 1.3.3 Personal Care
- 1.3.4 Wood Preservation
- 1.3.5 Paintings & Coatings
- 1.3.6 Others
- 1.4 Global Biocides Market Revenue and Sales Analysis
- 1.4.1 Global Biocides Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Biocides Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Biocides Market Sales Price Trend Analysis (2020-2032)
- 1.5 Biocides Industry Trends and Innovation
- 1.5.1 Biocides Industry Trends and Innovation
- 1.5.2 Biocides Market Drivers and Challenges
- 2 Global Biocides Capacity and Production Analysis
- 2.1 Global Biocides Capacity, Production and Utilization (2020-2032)
- 2.2 Global Biocides Production Growth Trend by Region: 2024 VS 2025 VS 2030
- 2.3 Global Biocides Production by Region
- 2.3.1 Global Biocides Production by Region (2020-2025)
- 2.3.2 Global Biocides Production Forecast by Region (2026-2032)
- 2.3.3 Global Biocides Production Market Share by Region (2020-2032)
- 3 Biocides Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Biocides Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Biocides Market Analysis by Regions
- 5.1 Biocides Overall Market: 2024 VS 2025 VS 2032
- 5.2 Global Biocides Revenue and Forecast Analysis (2020-2032)
- 5.2.1 Global Biocides Revenue and Market Share by Region (2020-2025)
- 5.2.2 Global Biocides Revenue and Market Forecast by Region (2026-2032)
- 5.3 Global Biocides Sales and Forecast Analysis (2020-2032)
- 5.3.1 Global Biocides Sales and Market Share by Region (2020-2025)
- 5.3.2 Global Biocides Sales and Market Forecast by Region (2026-2032)
- 5.4 Global Biocides Sales Price Trend Analysis (2020-2032)
- 6 Global Biocides Market Size by Type and Application
- 6.1 Global Biocides Market Size by Type
- 6.1.1 Global Biocides Revenue and Forecast Analysis by Type (2020-2032)
- 6.1.2 Global Biocides Sales and Forecast Analysis by Type (2020-2032)
- 6.2 Global Biocides Market Size by Application
- 6.2.1 Global Biocides Revenue and Forecast Analysis by Application (2020-2032)
- 6.2.2 Global Biocides Sales and Forecast Analysis by Application (2020-2032)
- 7 North America
- 7.1 North America Biocides Market Size and Growth Rate Analysis (2020-2032)
- 7.2 North America Key Manufacturers Analysis
- 7.3 North America Biocides Market Size by Type
- 7.3.1 North America Biocides Sales by Type (2020-2032)
- 7.3.2 North America Biocides Revenue by Type (2020-2032)
- 7.4 North America Biocides Market Size by Application
- 7.4.1 North America Biocides Sales by Application (2020-2032)
- 7.4.2 North America Biocides Revenue by Application (2020-2032)
- 7.5 North America Biocides Market Size by Country
- 7.5.1 US
- 7.5.2 Canada
- 8 Europe
- 8.1 Europe Biocides Market Size and Growth Rate Analysis (2020-2032)
- 8.2 Europe Key Manufacturers Analysis
- 8.3 Europe Biocides Market Size by Type
- 8.3.1 Europe Biocides Sales by Type (2020-2032)
- 8.3.2 Europe Biocides Revenue by Type (2020-2032)
- 8.4 Europe Biocides Market Size by Application
- 8.4.1 Europe Biocides Sales by Application (2020-2032)
- 8.4.2 Europe Biocides Revenue by Application (2020-2032)
- 8.5 Europe Biocides Market Size by Country
- 8.5.1 Germany
- 8.5.2 France
- 8.5.3 United Kingdom
- 8.5.4 Italy
- 8.5.5 Spain
- 8.5.6 Benelux
- 9 China
- 9.1 China Biocides Market Size and Growth Rate Analysis (2020-2032)
- 9.2 China Key Manufacturers Analysis
- 9.3 China Biocides Market Size by Type
- 9.3.1 China Biocides Sales by Type (2020-2032)
- 9.3.2 China Biocides Revenue by Type (2020-2032)
- 9.4 China Biocides Market Size by Application
- 9.4.1 China Biocides Sales by Application (2020-2032)
- 9.4.2 China Biocides Revenue by Application (2020-2032)
- 10 APAC (excl. China)
- 10.1 APAC (excl. China) Biocides Market Size and Growth Rate Analysis (2020-2032)
- 10.2 APAC (excl. China) Key Manufacturers Analysis
- 10.3 APAC (excl. China) Biocides Market Size by Type
- 10.3.1 APAC (excl. China) Biocides Sales by Type (2020-2032)
- 10.3.2 APAC (excl. China) Biocides Revenue by Type (2020-2032)
- 10.4 APAC (excl. China) Biocides Market Size by Application
- 10.4.1 APAC (excl. China) Biocides Sales by Application (2020-2032)
- 10.4.2 APAC (excl. China) Biocides Revenue by Application (2020-2032)
- 10.5 APAC (excl. China) Biocides Market Size by Country
- 10.5.1 Japan
- 10.5.2 South Korea
- 10.5.3 India
- 10.5.4 Australia
- 10.5.5 Southeast Asia
- 11 Latin America
- 11.1 Latin America Biocides Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Latin America Key Manufacturers Analysis
- 1`.3 Latin America Biocides Market Size by Type
- 11.3.1 Latin America Biocides Sales by Type (2020-2032)
- 11.3.2 Latin America Biocides Revenue by Type (2020-2032)
- 11.4 Latin America Biocides Market Size by Application
- 11.4.1 Latin America Biocides Sales by Application (2020-2032)
- 11.4.2 Latin America Biocides Revenue by Application (2020-2032)
- 11.5 Latin America Biocides Market Size by Country
- 11.6 Latin America Biocides Market Size by Country
- 11.6.1 Mexico
- 11.6.2 Brazil
- 12 Middle East & Africa
- 12.1 Middle East & Africa Biocides Market Size and Growth Rate Analysis (2020-2032)
- 12.2 Middle East & Africa Key Manufacturers Analysis
- 12.3 Middle East & Africa Biocides Market Size by Type
- 12.3.1 Middle East & Africa Biocides Sales by Type (2020-2032)
- 12.3.2 Middle East & Africa Biocides Revenue by Type (2020-2032)
- 12.4 Middle East & Africa Biocides Market Size by Application
- 12.4.1 Middle East & Africa Biocides Sales by Application (2020-2032)
- 12.4.2 Middle East & Africa Biocides Revenue by Application (2020-2032)
- 12.5 Middle East Biocides Market Size by Country
- 12.5.1 Saudi Arabia
- 12.5.2 South Africa
- 13 Competition by Manufacturers
- 13.1 Global Biocides Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 13.1.1 Global Biocides Market Sales by Key Manufacturers (2021-2025)
- 13.1.2 Global Biocides Market Revenue by Key Manufacturers (2021-2025)
- 13.1.3 Global Biocides Average Sales Price by Manufacturers (2021-2025)
- 13.2 Biocides Competitive Landscape Analysis and Market Dynamic
- 13.2.1 Biocides Competitive Landscape Analysis
- 13.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 13.2.3 Market Dynamic
- 14 Key Companies Analysis
- 14.1 Lonza
- 14.1.1 Lonza Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.1.2 Lonza Biocides Product Portfolio
- 14.1.3 Lonza Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.2 Dow Microbial Control
- 14.2.1 Dow Microbial Control Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.2.2 Dow Microbial Control Biocides Product Portfolio
- 14.2.3 Dow Microbial Control Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.3 Troy Corporation
- 14.3.1 Troy Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.3.2 Troy Corporation Biocides Product Portfolio
- 14.3.3 Troy Corporation Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.4 ThorGmbh
- 14.4.1 ThorGmbh Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.4.2 ThorGmbh Biocides Product Portfolio
- 14.4.3 ThorGmbh Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.5 Lanxess
- 14.5.1 Lanxess Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.5.2 Lanxess Biocides Product Portfolio
- 14.5.3 Lanxess Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.6 Clariant
- 14.6.1 Clariant Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.6.2 Clariant Biocides Product Portfolio
- 14.6.3 Clariant Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.7 BASF
- 14.7.1 BASF Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.7.2 BASF Biocides Product Portfolio
- 14.7.3 BASF Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.8 AkzoNobel
- 14.8.1 AkzoNobel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.8.2 AkzoNobel Biocides Product Portfolio
- 14.8.3 AkzoNobel Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.9 Nalco Champion
- 14.9.1 Nalco Champion Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.9.2 Nalco Champion Biocides Product Portfolio
- 14.9.3 Nalco Champion Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.10 Albemarle
- 14.10.1 Albemarle Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.10.2 Albemarle Biocides Product Portfolio
- 14.10.3 Albemarle Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.11 DuPont
- 14.11.1 DuPont Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.11.2 DuPont Biocides Product Portfolio
- 14.11.3 DuPont Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.12 Kemira
- 14.12.1 Kemira Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.12.2 Kemira Biocides Product Portfolio
- 14.12.3 Kemira Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.13 Baker Hughes
- 14.13.1 Baker Hughes Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.13.2 Baker Hughes Biocides Product Portfolio
- 14.13.3 Baker Hughes Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.14 Bio Chemical
- 14.14.1 Bio Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.14.2 Bio Chemical Biocides Product Portfolio
- 14.14.3 Bio Chemical Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.15 Xingyuan Chemistry
- 14.15.1 Xingyuan Chemistry Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.15.2 Xingyuan Chemistry Biocides Product Portfolio
- 14.15.3 Xingyuan Chemistry Biocides Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 15 Industry Chain Analysis
- 15.1 Biocides Industry Chain Analysis
- 15.2 Biocides Industry Raw Material and Suppliers Analysis
- 15.2.1 Biocides Key Raw Material Supply Analysis
- 15.2.2 Raw Material Suppliers and Contact Information
- 15.3 Biocides Typical Downstream Customers
- 15.4 Biocides Sales Channel Analysis
- 16 Research Findings and Conclusion
- 17 Methodology and Data Source
- 17.1 Methodology/Research Approach
- 17.2 Research Scope
- 17.3 Benchmarks and Assumptions
- 17.4 Date Source
- 17.4.1 Primary Sources
- 17.4.2 Secondary Sources
- 17.5 Data Cross Validation
- 17.6 Disclaimer
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