Global Polysiloxane Resin Competitive Landscape Professional Research Report 2025
Description
Research Summary
Polysiloxane resin, also known as silicone resin, is a type of polymer derived from the condensation of siloxane monomers. These resins are part of the broader silicone family and are characterized by a backbone consisting of alternating silicon and oxygen atoms. Polysiloxane resins exhibit excellent thermal stability, weather resistance, and electrical insulating properties. They are widely used in various industries, including coatings, adhesives, sealants, and electronics. In coatings, polysiloxane resins provide durable and protective finishes, offering resistance to UV radiation, extreme temperatures, and harsh environmental conditions. Their flexibility and adhesion properties make them valuable in sealant and adhesive formulations. Additionally, in the electronics industry, these resins are used for encapsulation and insulation due to their excellent dielectric properties. The versatility of polysiloxane resins arises from their ability to be modified and tailored to specific applications, contributing to their extensive use in diverse industrial sectors.
According to DIResearch's in-depth investigation and research, the global Polysiloxane Resin 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 Polysiloxane Resin include Dow, Wacker Chemie, Evonik, Shin-Etsu Chemical, Kaneka, Elkem, Momentive, BRB BV, Zhejiang Runhe 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 Polysiloxane Resin. 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 Polysiloxane Resin 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 Polysiloxane Resin 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 Polysiloxane Resin 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 Polysiloxane Resin Include:
Dow
Wacker Chemie
Evonik
Shin-Etsu Chemical
Kaneka
Elkem
Momentive
BRB BV
Zhejiang Runhe
Polysiloxane Resin Product Segment Include:
Methyl Polysiloxane Resin
Methylphenyl Polysiloxane Resin
Others
Polysiloxane Resin Product Application Include:
Paints & Coatings
Adhesives & Sealants
Silicone Plastics
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Polysiloxane Resin Capacity and Production Analysis
Chapter 3: Global Polysiloxane Resin Industry PESTEL Analysis
Chapter 4: Global Polysiloxane Resin Industry Porter's Five Forces Analysis
Chapter 5: Global Polysiloxane Resin Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Polysiloxane Resin Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Polysiloxane Resin 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
Polysiloxane resin, also known as silicone resin, is a type of polymer derived from the condensation of siloxane monomers. These resins are part of the broader silicone family and are characterized by a backbone consisting of alternating silicon and oxygen atoms. Polysiloxane resins exhibit excellent thermal stability, weather resistance, and electrical insulating properties. They are widely used in various industries, including coatings, adhesives, sealants, and electronics. In coatings, polysiloxane resins provide durable and protective finishes, offering resistance to UV radiation, extreme temperatures, and harsh environmental conditions. Their flexibility and adhesion properties make them valuable in sealant and adhesive formulations. Additionally, in the electronics industry, these resins are used for encapsulation and insulation due to their excellent dielectric properties. The versatility of polysiloxane resins arises from their ability to be modified and tailored to specific applications, contributing to their extensive use in diverse industrial sectors.
According to DIResearch's in-depth investigation and research, the global Polysiloxane Resin 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 Polysiloxane Resin include Dow, Wacker Chemie, Evonik, Shin-Etsu Chemical, Kaneka, Elkem, Momentive, BRB BV, Zhejiang Runhe 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 Polysiloxane Resin. 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 Polysiloxane Resin 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 Polysiloxane Resin 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 Polysiloxane Resin 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 Polysiloxane Resin Include:
Dow
Wacker Chemie
Evonik
Shin-Etsu Chemical
Kaneka
Elkem
Momentive
BRB BV
Zhejiang Runhe
Polysiloxane Resin Product Segment Include:
Methyl Polysiloxane Resin
Methylphenyl Polysiloxane Resin
Others
Polysiloxane Resin Product Application Include:
Paints & Coatings
Adhesives & Sealants
Silicone Plastics
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Polysiloxane Resin Capacity and Production Analysis
Chapter 3: Global Polysiloxane Resin Industry PESTEL Analysis
Chapter 4: Global Polysiloxane Resin Industry Porter's Five Forces Analysis
Chapter 5: Global Polysiloxane Resin Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global Polysiloxane Resin Market Size and Forecast by Type and Application Analysis
Chapter 7: North America Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa Polysiloxane Resin Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global Polysiloxane Resin 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 Polysiloxane Resin Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Polysiloxane Resin Product by Type
- 1.2.1 Methyl Polysiloxane Resin
- 1.2.2 Methylphenyl Polysiloxane Resin
- 1.2.3 Others
- 1.3 Polysiloxane Resin Product by Application
- 1.3.1 Paints & Coatings
- 1.3.2 Adhesives & Sealants
- 1.3.3 Silicone Plastics
- 1.3.4 Others
- 1.4 Global Polysiloxane Resin Market Revenue and Sales Analysis
- 1.4.1 Global Polysiloxane Resin Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Polysiloxane Resin Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Polysiloxane Resin Market Sales Price Trend Analysis (2020-2032)
- 1.5 Polysiloxane Resin Industry Trends and Innovation
- 1.5.1 Polysiloxane Resin Industry Trends and Innovation
- 1.5.2 Polysiloxane Resin Market Drivers and Challenges
- 2 Global Polysiloxane Resin Capacity and Production Analysis
- 2.1 Global Polysiloxane Resin Capacity, Production and Utilization (2020-2032)
- 2.2 Global Polysiloxane Resin Production Growth Trend by Region: 2024 VS 2025 VS 2030
- 2.3 Global Polysiloxane Resin Production by Region
- 2.3.1 Global Polysiloxane Resin Production by Region (2020-2025)
- 2.3.2 Global Polysiloxane Resin Production Forecast by Region (2026-2032)
- 2.3.3 Global Polysiloxane Resin Production Market Share by Region (2020-2032)
- 3 Polysiloxane Resin 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 Polysiloxane Resin 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 Polysiloxane Resin Market Analysis by Regions
- 5.1 Polysiloxane Resin Overall Market: 2024 VS 2025 VS 2032
- 5.2 Global Polysiloxane Resin Revenue and Forecast Analysis (2020-2032)
- 5.2.1 Global Polysiloxane Resin Revenue and Market Share by Region (2020-2025)
- 5.2.2 Global Polysiloxane Resin Revenue and Market Forecast by Region (2026-2032)
- 5.3 Global Polysiloxane Resin Sales and Forecast Analysis (2020-2032)
- 5.3.1 Global Polysiloxane Resin Sales and Market Share by Region (2020-2025)
- 5.3.2 Global Polysiloxane Resin Sales and Market Forecast by Region (2026-2032)
- 5.4 Global Polysiloxane Resin Sales Price Trend Analysis (2020-2032)
- 6 Global Polysiloxane Resin Market Size by Type and Application
- 6.1 Global Polysiloxane Resin Market Size by Type
- 6.1.1 Global Polysiloxane Resin Revenue and Forecast Analysis by Type (2020-2032)
- 6.1.2 Global Polysiloxane Resin Sales and Forecast Analysis by Type (2020-2032)
- 6.2 Global Polysiloxane Resin Market Size by Application
- 6.2.1 Global Polysiloxane Resin Revenue and Forecast Analysis by Application (2020-2032)
- 6.2.2 Global Polysiloxane Resin Sales and Forecast Analysis by Application (2020-2032)
- 7 North America
- 7.1 North America Polysiloxane Resin Market Size and Growth Rate Analysis (2020-2032)
- 7.2 North America Key Manufacturers Analysis
- 7.3 North America Polysiloxane Resin Market Size by Type
- 7.3.1 North America Polysiloxane Resin Sales by Type (2020-2032)
- 7.3.2 North America Polysiloxane Resin Revenue by Type (2020-2032)
- 7.4 North America Polysiloxane Resin Market Size by Application
- 7.4.1 North America Polysiloxane Resin Sales by Application (2020-2032)
- 7.4.2 North America Polysiloxane Resin Revenue by Application (2020-2032)
- 7.5 North America Polysiloxane Resin Market Size by Country
- 7.5.1 US
- 7.5.2 Canada
- 8 Europe
- 8.1 Europe Polysiloxane Resin Market Size and Growth Rate Analysis (2020-2032)
- 8.2 Europe Key Manufacturers Analysis
- 8.3 Europe Polysiloxane Resin Market Size by Type
- 8.3.1 Europe Polysiloxane Resin Sales by Type (2020-2032)
- 8.3.2 Europe Polysiloxane Resin Revenue by Type (2020-2032)
- 8.4 Europe Polysiloxane Resin Market Size by Application
- 8.4.1 Europe Polysiloxane Resin Sales by Application (2020-2032)
- 8.4.2 Europe Polysiloxane Resin Revenue by Application (2020-2032)
- 8.5 Europe Polysiloxane Resin 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 Polysiloxane Resin Market Size and Growth Rate Analysis (2020-2032)
- 9.2 China Key Manufacturers Analysis
- 9.3 China Polysiloxane Resin Market Size by Type
- 9.3.1 China Polysiloxane Resin Sales by Type (2020-2032)
- 9.3.2 China Polysiloxane Resin Revenue by Type (2020-2032)
- 9.4 China Polysiloxane Resin Market Size by Application
- 9.4.1 China Polysiloxane Resin Sales by Application (2020-2032)
- 9.4.2 China Polysiloxane Resin Revenue by Application (2020-2032)
- 10 APAC (excl. China)
- 10.1 APAC (excl. China) Polysiloxane Resin Market Size and Growth Rate Analysis (2020-2032)
- 10.2 APAC (excl. China) Key Manufacturers Analysis
- 10.3 APAC (excl. China) Polysiloxane Resin Market Size by Type
- 10.3.1 APAC (excl. China) Polysiloxane Resin Sales by Type (2020-2032)
- 10.3.2 APAC (excl. China) Polysiloxane Resin Revenue by Type (2020-2032)
- 10.4 APAC (excl. China) Polysiloxane Resin Market Size by Application
- 10.4.1 APAC (excl. China) Polysiloxane Resin Sales by Application (2020-2032)
- 10.4.2 APAC (excl. China) Polysiloxane Resin Revenue by Application (2020-2032)
- 10.5 APAC (excl. China) Polysiloxane Resin 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 Polysiloxane Resin Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Latin America Key Manufacturers Analysis
- 1`.3 Latin America Polysiloxane Resin Market Size by Type
- 11.3.1 Latin America Polysiloxane Resin Sales by Type (2020-2032)
- 11.3.2 Latin America Polysiloxane Resin Revenue by Type (2020-2032)
- 11.4 Latin America Polysiloxane Resin Market Size by Application
- 11.4.1 Latin America Polysiloxane Resin Sales by Application (2020-2032)
- 11.4.2 Latin America Polysiloxane Resin Revenue by Application (2020-2032)
- 11.5 Latin America Polysiloxane Resin Market Size by Country
- 11.6 Latin America Polysiloxane Resin Market Size by Country
- 11.6.1 Mexico
- 11.6.2 Brazil
- 12 Middle East & Africa
- 12.1 Middle East & Africa Polysiloxane Resin Market Size and Growth Rate Analysis (2020-2032)
- 12.2 Middle East & Africa Key Manufacturers Analysis
- 12.3 Middle East & Africa Polysiloxane Resin Market Size by Type
- 12.3.1 Middle East & Africa Polysiloxane Resin Sales by Type (2020-2032)
- 12.3.2 Middle East & Africa Polysiloxane Resin Revenue by Type (2020-2032)
- 12.4 Middle East & Africa Polysiloxane Resin Market Size by Application
- 12.4.1 Middle East & Africa Polysiloxane Resin Sales by Application (2020-2032)
- 12.4.2 Middle East & Africa Polysiloxane Resin Revenue by Application (2020-2032)
- 12.5 Middle East Polysiloxane Resin Market Size by Country
- 12.5.1 Saudi Arabia
- 12.5.2 South Africa
- 13 Competition by Manufacturers
- 13.1 Global Polysiloxane Resin Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 13.1.1 Global Polysiloxane Resin Market Sales by Key Manufacturers (2021-2025)
- 13.1.2 Global Polysiloxane Resin Market Revenue by Key Manufacturers (2021-2025)
- 13.1.3 Global Polysiloxane Resin Average Sales Price by Manufacturers (2021-2025)
- 13.2 Polysiloxane Resin Competitive Landscape Analysis and Market Dynamic
- 13.2.1 Polysiloxane Resin 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 Dow
- 14.1.1 Dow Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.1.2 Dow Polysiloxane Resin Product Portfolio
- 14.1.3 Dow Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.2 Wacker Chemie
- 14.2.1 Wacker Chemie Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.2.2 Wacker Chemie Polysiloxane Resin Product Portfolio
- 14.2.3 Wacker Chemie Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.3 Evonik
- 14.3.1 Evonik Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.3.2 Evonik Polysiloxane Resin Product Portfolio
- 14.3.3 Evonik Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.4 Shin-Etsu Chemical
- 14.4.1 Shin-Etsu Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.4.2 Shin-Etsu Chemical Polysiloxane Resin Product Portfolio
- 14.4.3 Shin-Etsu Chemical Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.5 Kaneka
- 14.5.1 Kaneka Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.5.2 Kaneka Polysiloxane Resin Product Portfolio
- 14.5.3 Kaneka Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.6 Elkem
- 14.6.1 Elkem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.6.2 Elkem Polysiloxane Resin Product Portfolio
- 14.6.3 Elkem Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.7 Momentive
- 14.7.1 Momentive Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.7.2 Momentive Polysiloxane Resin Product Portfolio
- 14.7.3 Momentive Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.8 BRB BV
- 14.8.1 BRB BV Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.8.2 BRB BV Polysiloxane Resin Product Portfolio
- 14.8.3 BRB BV Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14.9 Zhejiang Runhe
- 14.9.1 Zhejiang Runhe Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.9.2 Zhejiang Runhe Polysiloxane Resin Product Portfolio
- 14.9.3 Zhejiang Runhe Polysiloxane Resin Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 15 Industry Chain Analysis
- 15.1 Polysiloxane Resin Industry Chain Analysis
- 15.2 Polysiloxane Resin Industry Raw Material and Suppliers Analysis
- 15.2.1 Polysiloxane Resin Key Raw Material Supply Analysis
- 15.2.2 Raw Material Suppliers and Contact Information
- 15.3 Polysiloxane Resin Typical Downstream Customers
- 15.4 Polysiloxane Resin 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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