
Global N-butanol Competitive Landscape Professional Research Report 2024
Description
Global N-butanol Competitive Landscape Professional Research Report 2024
Research Summary
N-butanol, also known as n-butyl alcohol or butyl alcohol, is a four-carbon alcohol with the chemical formula C₄H₉OH. It is a colorless liquid with a characteristic alcoholic odor. N-butanol is produced through the fermentation of sugars by yeast or bacteria, or it can be derived from the petrochemical industry. It has a wide range of applications in various industries. In the chemical industry, n-butanol is used as a solvent for paints, coatings, and resins. It is also utilized as a raw material in the production of plastics, synthetic rubbers, and pharmaceuticals. N-butanol has a moderate boiling point and low volatility, making it suitable for use in applications where a slower evaporation rate is desired. Additionally, it can be used as a fuel additive, an intermediate in the synthesis of other chemicals, and as an ingredient in cleaning agents and personal care products.
According to DIResearch's in-depth investigation and research, the global N-butanol market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.
The major global manufacturers of N-butanol include BASF, Dow Chemical Company, Oxea Group, Eastman Chemical Company, Formosa Plastic Group, Sasol Limited, Oxochimie, Kyowa Hakko, SABUCO, Perstorp Oxo, Mitsubishi Chemical, LG Chem, Elekeiroz, PETRONAS Chemicals Group, Optimal Chemicals, China Nation Petroleum, Sinopec Group, Yankuang Group, Wanhua Chemical, Bohai Chemical Industry, Huachang Chemical, Hualu-Hengsheng, Luxi Chemical, Lihuayi Group, Anqing Shuguang Chemical etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.
This report studies the market size, price trends and future development prospects of N-butanol. Focus on analysing the market share, product portfolio, prices, sales volume, 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 N-butanol market. The report data covers historical data from 2018 to 2023, based year in 2024 and forecast data from 2025 to 2030.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the N-butanol 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 N-butanol 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 N-butanol Include:
BASF
Dow Chemical Company
Oxea Group
Eastman Chemical Company
Formosa Plastic Group
Sasol Limited
Oxochimie
Kyowa Hakko
SABUCO
Perstorp Oxo
Mitsubishi Chemical
LG Chem
Elekeiroz
PETRONAS Chemicals Group
Optimal Chemicals
China Nation Petroleum
Sinopec Group
Yankuang Group
Wanhua Chemical
Bohai Chemical Industry
Huachang Chemical
Hualu-Hengsheng
Luxi Chemical
Lihuayi Group
Anqing Shuguang Chemical
N-butanol Product Segment Include:
Industrial Grade
Reagent Grade
N-butanol Product Application Include:
Butyl Acrylate
Butyl Acetate
Glycol Ethers
Direct Solvent
Other
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global N-butanol Capacity and Production Analysis
Chapter 3: Global N-butanol Industry PESTEL Analysis
Chapter 4: Global N-butanol Industry Porter’s Five Forces Analysis
Chapter 5: Global N-butanol Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 6: Global N-butanol Market Size and Forecast by Type and Application Analysis
Chapter 7: North America N-butanol Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: Europe N-butanol Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: China N-butanol Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: APAC (Excl. China) N-butanol Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Latin America N-butanol Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Middle East and Africa N-butanol Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 13: Global N-butanol 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 N-butanol Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 N-butanol Product by Type
- 1.2.1 Global N-butanol Market Size by Type, 2023 VS 2024 VS 2030
- 1.2.2 Industrial Grade
- 1.2.3 Reagent Grade
- 1.3 N-butanol Product by Application
- 1.3.1 Global N-butanol Market Size by Application, 2023 VS 2024 VS 2030
- 1.3.2 Butyl Acrylate
- 1.3.3 Butyl Acetate
- 1.3.4 Glycol Ethers
- 1.3.5 Direct Solvent
- 1.3.6 Other
- 1.4 Global N-butanol Market Revenue and Sales Analysis
- 1.4.1 Global N-butanol Market Size Analysis (2019-2030)
- 1.4.2 Global N-butanol Market Sales Analysis (2019-2030)
- 1.4.3 Global N-butanol Market Sales Price Trend Analysis (2019-2030)
- 1.5 N-butanol Market Development Status and Trends
- 1.5.1 N-butanol Industry Development Status Analysis
- 1.5.2 N-butanol Industry Development Trends Analysis
- 2 Global N-butanol Capacity and Production Analysis
- 2.1 Global N-butanol Production Capacity (2019-2030)
- 2.2 Global N-butanol Production by Region: 2023 VS 2024 VS 2030
- 2.3 Global N-butanol Production by Region
- 2.3.1 Global N-butanol Historic Production by Region (2019-2024)
- 2.3.2 Global N-butanol Forecasted Production by Region (2025-2030)
- 2.3.3 Global N-butanol Production Market Share by Region (2019-2030)
- 3 N-butanol 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 N-butanol 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 N-butanol Market Analysis by Regions
- 5.1 N-butanol Overall Market: 2023 VS 2024 VS 2030
- 5.2 Global N-butanol Revenue and Forecast Analysis (2019-2030)
- 5.2.1 Global N-butanol Revenue and Market Share by Region (2019-2024)
- 5.2.2 Global N-butanol Revenue Forecast by Region (2025-2030)
- 5.3 Global N-butanol Sales and Forecast Analysis (2019-2030)
- 5.3.1 Global N-butanol Sales and Market Share by Region (2019-2024)
- 5.3.2 Global N-butanol Sales Forecast by Region (2025-2030)
- 5.4 Global N-butanol Sales Price Trend Analysis (2019-2030)
- 6 Global N-butanol Market Size by Type and Application
- 6.1 Global N-butanol Market Size by Type
- 6.1.1 Global N-butanol Revenue and Forecast Analysis by Type (2019-2030)
- 6.1.2 Global N-butanol Sales and Forecast Analysis by Type (2019-2030)
- 6.2 Global N-butanol Market Size by Application
- 6.2.1 Global N-butanol Revenue and Forecast Analysis by Application (2019-2030)
- 6.2.2 Global N-butanol Sales and Forecast Analysis by Application (2019-2030)
- 7 North America
- 7.1 North America N-butanol Market Size and Growth Rate Analysis (2019-2030)
- 7.2 North America Key Manufacturers Analysis
- 7.3 North America N-butanol Market Size by Type
- 7.3.1 North America N-butanol Sales by Type (2019-2030)
- 7.3.2 North America N-butanol Revenue by Type (2019-2030)
- 7.4 North America N-butanol Market Size by Application
- 7.4.1 North America N-butanol Sales by Application (2019-2030)
- 7.4.2 North America N-butanol Revenue by Application (2019-2030)
- 7.5 North America N-butanol Market Size by Country
- 7.5.1 US
- 7.5.2 Canada
- 8 Europe
- 8.1 Europe N-butanol Market Size and Growth Rate Analysis (2019-2030)
- 8.2 Europe Key Manufacturers Analysis
- 8.3 Europe N-butanol Market Size by Type
- 8.3.1 Europe N-butanol Sales by Type (2019-2030)
- 8.3.2 Europe N-butanol Revenue by Type (2019-2030)
- 8.4 Europe N-butanol Market Size by Application
- 8.4.1 Europe N-butanol Sales by Application (2019-2030)
- 8.4.2 Europe N-butanol Revenue by Application (2019-2030)
- 8.5 Europe N-butanol 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 N-butanol Market Size and Growth Rate Analysis (2019-2030)
- 9.2 China Key Manufacturers Analysis
- 9.3 China N-butanol Market Size by Type
- 9.3.1 China N-butanol Sales by Type (2019-2030)
- 9.3.2 China N-butanol Revenue by Type (2019-2030)
- 9.4 China N-butanol Market Size by Application
- 9.4.1 China N-butanol Sales by Application (2019-2030)
- 9.4.2 China N-butanol Revenue by Application (2019-2030)
- 10 APAC (excl. China)
- 10.1 APAC (excl. China) N-butanol Market Size and Growth Rate Analysis (2019-2030)
- 10.2 APAC (excl. China) Key Manufacturers Analysis
- 10.3 APAC (excl. China) N-butanol Market Size by Type
- 10.3.1 APAC (excl. China) N-butanol Sales by Type (2019-2030)
- 10.3.2 APAC (excl. China) N-butanol Revenue by Type (2019-2030)
- 10.4 APAC (excl. China) N-butanol Market Size by Application
- 10.4.1 APAC (excl. China) N-butanol Sales by Application (2019-2030)
- 10.4.2 APAC (excl. China) N-butanol Revenue by Application (2019-2030)
- 10.5 APAC (excl. China) N-butanol Market Size by Country
- 10.5.1 Japan
- 10.5.2 South Korea
- 10.5.3 India
- 10.5.4 Australia
- 10.5.5 Indonesia
- 10.5.6 Vietnam
- 10.5.7 Malaysia
- 10.5.8 Thailand
- 11 Latin America
- 11.1 Latin America N-butanol Market Size and Growth Rate Analysis (2019-2030)
- 11.2 Latin America Key Manufacturers Analysis
- 11.3 Latin America N-butanol Market Size by Type
- 11.3.1 Latin America N-butanol Sales by Type (2019-2030)
- 11.3.2 Latin America N-butanol Revenue by Type (2019-2030)
- 11.4 Latin America N-butanol Market Size by Application
- 11.4.1 Latin America N-butanol Sales by Application (2019-2030)
- 11.4.2 Latin America N-butanol Revenue by Application (2019-2030)
- 11.5 Latin America N-butanol Market Size by Country
- 11.5.1 Mexico
- 11.5.2 Brazil
- 12 Middle East & Africa
- 12.1 Middle East & Africa N-butanol Market Size and Growth Rate Analysis (2019-2030)
- 12.2 Middle East & Africa Key Manufacturers Analysis
- 12.3 Middle East & Africa N-butanol Market Size by Type
- 12.3.1 Middle East & Africa N-butanol Sales by Type (2019-2030)
- 12.3.2 Middle East & Africa N-butanol Revenue by Type (2019-2030)
- 12.4 Middle East & Africa N-butanol Market Size by Application
- 12.4.1 Middle East & Africa N-butanol Sales by Application (2019-2030)
- 12.4.2 Middle East & Africa N-butanol Revenue by Application (2019-2030)
- 12.5 Middle East & Africa N-butanol Market Size by Country
- 12.5.1 Saudi Arabia
- 12.5.2 South Africa
- 13 Competition by Manufacturers
- 13.1 Global N-butanol Market Sales, Revenue and Price by Key Manufacturers (2020-2024)
- 13.1.1 Global N-butanol Market Sales by Key Manufacturers (2020-2024)
- 13.1.2 Global N-butanol Market Revenue by Key Manufacturers (2020-2024)
- 13.1.3 Global N-butanol Average Sales Price by Manufacturers (2020-2024)
- 13.2 N-butanol Competitive Landscape Analysis and Market Dynamic
- 13.2.1 N-butanol 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 BASF
- 14.1.1 BASF Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.1.2 BASF N-butanol Product Portfolio
- 14.1.3 BASF N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.2 Dow Chemical Company
- 14.2.1 Dow Chemical Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.2.2 Dow Chemical Company N-butanol Product Portfolio
- 14.2.3 Dow Chemical Company N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.3 Oxea Group
- 14.3.1 Oxea Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.3.2 Oxea Group N-butanol Product Portfolio
- 14.3.3 Oxea Group N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.4 Eastman Chemical Company
- 14.4.1 Eastman Chemical Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.4.2 Eastman Chemical Company N-butanol Product Portfolio
- 14.4.3 Eastman Chemical Company N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.5 Formosa Plastic Group
- 14.5.1 Formosa Plastic Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.5.2 Formosa Plastic Group N-butanol Product Portfolio
- 14.5.3 Formosa Plastic Group N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.6 Sasol Limited
- 14.6.1 Sasol Limited Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.6.2 Sasol Limited N-butanol Product Portfolio
- 14.6.3 Sasol Limited N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.7 Oxochimie
- 14.7.1 Oxochimie Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.7.2 Oxochimie N-butanol Product Portfolio
- 14.7.3 Oxochimie N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.8 Kyowa Hakko
- 14.8.1 Kyowa Hakko Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.8.2 Kyowa Hakko N-butanol Product Portfolio
- 14.8.3 Kyowa Hakko N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.9 SABUCO
- 14.9.1 SABUCO Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.9.2 SABUCO N-butanol Product Portfolio
- 14.9.3 SABUCO N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.10 Perstorp Oxo
- 14.10.1 Perstorp Oxo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.10.2 Perstorp Oxo N-butanol Product Portfolio
- 14.10.3 Perstorp Oxo N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.11 Mitsubishi Chemical
- 14.11.1 Mitsubishi Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.11.2 Mitsubishi Chemical N-butanol Product Portfolio
- 14.11.3 Mitsubishi Chemical N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.12 LG Chem
- 14.12.1 LG Chem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.12.2 LG Chem N-butanol Product Portfolio
- 14.12.3 LG Chem N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.13 Elekeiroz
- 14.13.1 Elekeiroz Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.13.2 Elekeiroz N-butanol Product Portfolio
- 14.13.3 Elekeiroz N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.14 PETRONAS Chemicals Group
- 14.14.1 PETRONAS Chemicals Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.14.2 PETRONAS Chemicals Group N-butanol Product Portfolio
- 14.14.3 PETRONAS Chemicals Group N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.15 Optimal Chemicals
- 14.15.1 Optimal Chemicals Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.15.2 Optimal Chemicals N-butanol Product Portfolio
- 14.15.3 Optimal Chemicals N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.16 China Nation Petroleum
- 14.16.1 China Nation Petroleum Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.16.2 China Nation Petroleum N-butanol Product Portfolio
- 14.16.3 China Nation Petroleum N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.17 Sinopec Group
- 14.17.1 Sinopec Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.17.2 Sinopec Group N-butanol Product Portfolio
- 14.17.3 Sinopec Group N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.18 Yankuang Group
- 14.18.1 Yankuang Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.18.2 Yankuang Group N-butanol Product Portfolio
- 14.18.3 Yankuang Group N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.19 Wanhua Chemical
- 14.19.1 Wanhua Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.19.2 Wanhua Chemical N-butanol Product Portfolio
- 14.19.3 Wanhua Chemical N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.20 Bohai Chemical Industry
- 14.20.1 Bohai Chemical Industry Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.20.2 Bohai Chemical Industry N-butanol Product Portfolio
- 14.20.3 Bohai Chemical Industry N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.21 Huachang Chemical
- 14.21.1 Huachang Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.21.2 Huachang Chemical N-butanol Product Portfolio
- 14.21.3 Huachang Chemical N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.22 Hualu-Hengsheng
- 14.22.1 Hualu-Hengsheng Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.22.2 Hualu-Hengsheng N-butanol Product Portfolio
- 14.22.3 Hualu-Hengsheng N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.23 Luxi Chemical
- 14.23.1 Luxi Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.23.2 Luxi Chemical N-butanol Product Portfolio
- 14.23.3 Luxi Chemical N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.24 Lihuayi Group
- 14.24.1 Lihuayi Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.24.2 Lihuayi Group N-butanol Product Portfolio
- 14.24.3 Lihuayi Group N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 14.25 Anqing Shuguang Chemical
- 14.25.1 Anqing Shuguang Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 14.25.2 Anqing Shuguang Chemical N-butanol Product Portfolio
- 14.25.3 Anqing Shuguang Chemical N-butanol Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
- 15 Industry Chain Analysis
- 15.1 N-butanol Industry Chain Analysis
- 15.2 N-butanol Industry Upstream Supply Analysis
- 15.2.1 Upstream Key Raw Material Supply Analysis
- 15.2.2 Raw Material Suppliers and Contact Information
- 15.3 N-butanol Typical Downstream Customers
- 15.4 N-butanol 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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