Asia Pacific Blast Furnace Market (2025-2031) | Companies, Growth, Industry, Trends, Revenue, Forecast, Size, Outlook, Share, Analysis & Value
Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Type (Cold Blast Blowers, Hot Blast Ovens), By Applications (Electronics, Automobile, Casting, Others) And Competitive Landscape
| Product Code: ETC057222 | Publication Date: May 2021 | Updated Date: Jan 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Asia Pacific blast furnace market Highlights
| Report Name | Asia Pacific blast furnace market |
| Forecast Period | 2025-2031 |
| Market Size | USD 25 billion by 2031 |
| CAGR | 4.9% |
| Growing Sector | Electronics |
Topics Covered in the Asia Pacific blast furnace market Report
Asia Pacific blast furnace market report thoroughly covers by Countries, Type, Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific blast furnace market Size and Analysis
The Asia Pacific blast furnace market has witnessed significant growth over the past decade, driven by the increasing demand for steel production in emerging economies such as China, India, and Japan. In 2025, the market size was valued at approximately USD 25 billion, with an expected compound annual growth rate (CAGR) of 4.9% from 2025 to 2031. China accounted for over 50% of the market share, reflecting its dominance in the global steel manufacturing sector.
Asia Pacific blast furnace market Synopsis
The market for blast furnaces in Asia Pacific is expanding significantly due to the region's fast industrialization and infrastructure development. Significant contributors include China, India, and Japan, whose thriving steel industries fuel the need for blast furnaces. The market's position is being further enhanced by increased production of heavy machinery, automobiles, and construction.
According to 6Wresearch, the Asia Pacific blast furnace market is anticipated to grow at a CAGR of 4.9% during the forecast period 2025-2031. The growth of the Asia Pacific blast furnace market is primarily driven by the robust demand for steel across various industries such as construction, automotive, and infrastructure development. Rapid urbanization and industrialization in countries like China, India, and Southeast Asian nations have significantly increased the need for steel, which remains a critical material for modern infrastructure and manufacturing. Government policies and initiatives, such as India's "Make in India" campaign and increased infrastructure spending by nations, have further fueled industrial growth, fostering a supportive environment for the blast furnace market.
Additionally, advancements in blast furnace technology have enabled higher efficiency and productivity, attracting investments from key players in the region, leading to the Asia Pacific blast furnace market growth. However, the market faces notable challenges, including the rising environmental concerns associated with carbon emissions from traditional blast furnace operations. Stringent environmental regulations by governments and international organizations are putting pressure on manufacturers to adopt cleaner and greener technologies, which often require substantial capital investments. Furthermore, fluctuating raw material prices, such as iron ore and coking coal, add an element of unpredictability to the market, impacting profit margins and operational efficiencies.
Asia Pacific blast furnace market Trends
A number of noteworthy trends are influencing the growth of the blast furnace market in Asia Pacific. The growing use of digital technologies and sophisticated automation to improve operational efficiency and decrease downtime is one noteworthy development. Operators of blast furnaces in the area are increasingly concentrating on smart production techniques driven by IoT and artificial intelligence. As governments and industry prioritize sustainability activities to fulfill global climate targets, there is also an increasing trend of investment in research and development for the production of low-carbon steel. Additionally, the need for upgraded blast furnace operations is being driven by the need for high-quality steel in infrastructure projects, especially in developing nations like India and Southeast Asia.
Investment Opportunities in the Asia Pacific blast furnace market
The expansion of industry and infrastructure in the Asia Pacific area has created a number of attractive investment opportunities in the blast furnace market. Modernizing current blast furnace plants to increase productivity and meet sustainability targets is one important possibility. Projects aimed at improving manufacturing technology are available to investors, especially those that incorporate automation, IoT, and artificial intelligence. Additionally, there is a lot of room for investments in cutting-edge procedures and technologies meant to lower emissions as the market for low-carbon steel grows. The need for premium steel is being driven by the growing manufacturing and construction industries in emerging economies like Vietnam, Indonesia, and India.
Leading Players in the Asia Pacific blast furnace market
A number of major companies dominate the Asia Pacific blast furnace market, propelling regional technological innovation and operational effectiveness. Leading companies in the sector, like Tata Steel, POSCO, Baosteel Group, and Nippon Steel Corporation, have made a name for themselves as innovators in the production of premium steel with an emphasis on sustainability. In order to implement cutting-edge technologies like carbon capture systems and hydrogen-based steelmaking, these businesses are making significant investments in research and development.
Government Regulations
The operations of the blast furnace market in the Asia Pacific region are significantly shaped by government restrictions. Companies have adopted eco-friendly technology and processes as a result of strict environmental regulations designed to lower greenhouse gas emissions and encourage sustainable industrial practices. Stricter carbon emission regulations, for example, have been imposed in a number of APAC countries, encouraging producers to innovate by using advanced carbon capture technology and hydrogen-based steel production. Businesses that invest in green technologies are also financially supported by government incentives like tax breaks and subsidies.
Future Insights of the Asia Pacific blast furnace market
Technology breakthroughs and sustainability goals are expected to generate major change in the Asia Pacific blast furnace industry in the future. With electric arc furnaces and hydrogen-based technologies gradually displacing conventional methods, the growing focus on green steel manufacturing is anticipated to be crucial. Research and development expenditures will also probably increase, which will encourage technologies meant to boost productivity and lower carbon emissions. Steel consumption will continue to rise due to the region's increasing industrialization and urbanization, but this expansion will be restrained by the need to strike a balance between environmental commitments and economic objectives. It is expected that governments and commercial organizations will work together on major projects to meet net-zero emission goals, significantly influencing the direction of the sector.
Market Segmentation Analysis
The report offers a comprehensive study of the subsequent market segments and their leading categories.
China to Dominate the Market- By Countries
According to Ashutosh, Senior Research Analyst, 6Wresearch, China's enormous industrial base, infrastructure initiatives, and unrelenting advancements in steel production make it stand out as the region's leading force. Its emphasis on green technologies keeps it competitive by positioning it as a global leader in sustainable efforts.
Electronics to Dominate the Market- By Applications
Electronics hot blast ovens can support modern manufacturing techniques while retaining sustainability, they are the preferred option for the electronics industry, which requires precise and energy-efficient production processes.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2021 to 2024
- Base Year 2024
- Forecast Data until 2031
- Key Performance Indicators Impacting the Market
- Major Upcoming Developments and Projects
Key Highlights of the Report:
- Asia Pacific Blast Furnace Market Outlook
- Market Size of Asia Pacific Blast Furnace Market, 2024
- Forecast of Asia Pacific Blast Furnace Market, 2031
- Historical Data and Forecast of Asia Pacific Blast Furnace Revenues & Volume for the Period 2021-2031
- Asia Pacific Blast Furnace Market Trend Evolution
- Asia Pacific Blast Furnace Market Drivers and Challenges
- Asia Pacific Blast Furnace Price Trends
- Asia Pacific Blast Furnace Porter's Five Forces
- Asia Pacific Blast Furnace Industry Life Cycle
- Historical Data and Forecast of Asia Pacific Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Asia Pacific Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Asia Pacific Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of China Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of China Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of China Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of India Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of India Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of India Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Japan Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Japan Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Japan Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Australia Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Australia Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Australia Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Indonesia Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Indonesia Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Indonesia Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Philippines Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Philippines Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Philippines Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Thailand Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Thailand Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Thailand Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Malaysia Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Malaysia Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Malaysia Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Singapore Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Singapore Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Singapore Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Rest of Asia Blast Furnace Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Rest of Asia Blast Furnace Market Revenues & Volume By Cold Blast Blowers for the Period 2021-2031
- Historical Data and Forecast of Rest of Asia Blast Furnace Market Revenues & Volume By Hot Blast Ovens for the Period 2021-2031
- Historical Data and Forecast of Asia Pacific Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Asia Pacific Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Asia Pacific Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Asia Pacific Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Asia Pacific Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of China Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of China Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of China Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of China Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of China Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of India Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of India Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of India Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of India Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Japan Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Japan Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Japan Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Japan Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Japan Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Australia Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Australia Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Australia Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Australia Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Australia Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Indonesia Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Indonesia Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Indonesia Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Indonesia Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Indonesia Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Philippines Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Philippines Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Philippines Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Philippines Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Philippines Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Thailand Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Thailand Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Thailand Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Thailand Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Thailand Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Malaysia Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Malaysia Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Malaysia Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Malaysia Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Malaysia Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Singapore Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Singapore Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Singapore Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Singapore Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Singapore Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Rest of Asia Blast Furnace Market Revenues & Volume By Applications for the Period 2021-2031
- Historical Data and Forecast of Rest of Asia Blast Furnace Market Revenues & Volume By Electronics for the Period 2021-2031
- Historical Data and Forecast of Rest of Asia Blast Furnace Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of Rest of Asia Blast Furnace Market Revenues & Volume By Casting for the Period 2021-2031
- Historical Data and Forecast of Rest of Asia Blast Furnace Market Revenues & Volume By Others for the Period 2021-2031
- Asia Pacific Blast Furnace Market - Key Performance Indicators
- Asia Pacific Blast Furnace Market - Import Export Trade Statistics
- Asia Pacific Blast Furnace Market - Opportunity Assessment By Countries
- Asia Pacific Blast Furnace Market - Opportunity Assessment By Type
- Asia Pacific Blast Furnace Market - Opportunity Assessment By Applications
- Asia Pacific Blast Furnace Market - Top Companies Market Share
- Asia Pacific Blast Furnace Market - Top Companies Profiles
- Asia Pacific Blast Furnace Market - Comparison of Players in Technical and Operating Parameters
- Asia Pacific Blast Furnace Market - Strategic Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments
by Countries
- China
- India
- Japan
- Australia
- Indonesia
- Philippines
- Thailand
- Malaysia
- Singapore
- Rest of Asia
By Type
- Cold Blast Blowers
- Hot Blast Ovens
By Applications
- Electronics
- Automobile
- Casting, Others
Asia Pacific Blast Furnace Market (2025-2031): FAQs
The Asia Pacific blast furnace market is anticipated to grow at a CAGR of 4.9% during the forecast period 2025-2031.
The market for blast furnaces in Asia Pacific is expanding significantly due to the region's fast industrialization and infrastructure development.
Since blast furnaces are typically linked to high energy consumption and substantial environmental impact, one of the main problems is the increased focus on lowering carbon emissions.
In terms of segmentation By Countries China will dominate the Market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Asia Pacific Blast Furnace Market Overview |
| 3.1 Asia Pacific Regional Macro Economic Indicators |
| 3.2 Asia Pacific Blast Furnace Market Revenues & Volume, 2021 & 2031F |
| 3.3 Asia Pacific Blast Furnace Market - Industry Life Cycle |
| 3.4 Asia Pacific Blast Furnace Market - Porter's Five Forces |
| 3.5 Asia Pacific Blast Furnace Market Revenues & Volume Share, By Countries, 2021 & 2031F |
| 3.6 Asia Pacific Blast Furnace Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 3.7 Asia Pacific Blast Furnace Market Revenues & Volume Share, By Applications, 2021 & 2031F |
| 4 Asia Pacific Blast Furnace Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Asia Pacific Blast Furnace Market Trends |
| 6 Asia Pacific Blast Furnace Market, 2021 - 2031 |
| 6.1 Asia Pacific Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 6.2 Asia Pacific Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 7 China Blast Furnace Market, 2021 - 2031 |
| 7.1 China Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 7.2 China Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 8 India Blast Furnace Market, 2021 - 2031 |
| 8.1 India Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 8.2 India Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 9 Japan Blast Furnace Market, 2021 - 2031 |
| 9.1 Japan Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 9.2 Japan Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 10 Australia Blast Furnace Market, 2021 - 2031 |
| 10.1 Australia Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 10.2 Australia Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 11 Indonesia Blast Furnace Market, 2021 - 2031 |
| 11.1 Indonesia Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 11.2 Indonesia Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 12 Philippines Blast Furnace Market, 2021 - 2031 |
| 12.1 Philippines Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 12.2 Philippines Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 13 Thailand Blast Furnace Market, 2021 - 2031 |
| 13.1 Thailand Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 13.2 Thailand Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 14 Malaysia Blast Furnace Market, 2021 - 2031 |
| 14.1 Malaysia Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 14.2 Malaysia Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 15 Singapore Blast Furnace Market, 2021 - 2031 |
| 16 Rest of Asia Blast Furnace Market, 2021 - 2031 |
| 16.1 Rest of Asia Blast Furnace Market, Revenues & Volume, By Type, 2021 - 2031 |
| 16.2 Rest of Asia Blast Furnace Market, Revenues & Volume, By Applications, 2021 - 2031 |
| 17 Asia Pacific Blast Furnace Market Key Performance Indicators |
| 18 Asia Pacific Blast Furnace Market - Opportunity Assessment |
| 18.1 Asia Pacific Blast Furnace Market Opportunity Assessment, By Countries, 2021 & 2031F |
| 18.2 Asia Pacific Blast Furnace Market Opportunity Assessment, By Type, 2021 & 2031F |
| 18.3 Asia Pacific Blast Furnace Market Opportunity Assessment, By Applications, 2021 & 2031F |
| 19 Asia Pacific Blast Furnace Market - Competitive Landscape |
| 19.1 Asia Pacific Blast Furnace Market Revenue Share, By Companies, 2024 |
| 19.2 Asia Pacific Blast Furnace Market Competitive Benchmarking, By Operating and Technical Parameters |
| 20 Company Profiles |
| 21 Recommendations |
| 22 Disclaimer |
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