▶ 調査レポート

世界の工業用イソブチレン市場2023年:企業・地域・種類・用途別分析

• 英文タイトル:Global Industrial Isobutylene Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

GlobalInfoResearchが調査・発行した産業分析レポートです。世界の工業用イソブチレン市場2023年:企業・地域・種類・用途別分析 / Global Industrial Isobutylene Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029 / MRC309Z0989資料のイメージです。• レポートコード:MRC309Z0989
• 出版社/出版日:GlobalInfoResearch / 2023年9月
• レポート形態:英文、PDF、102ページ
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レポート概要
GlobalInfoResearchの最新の調査によると、世界の工業用イソブチレンの市場規模は2022年のxxx米ドルから2029年にはxxx米ドルと推定され、xxx%の成長率で成長すると予想されます。新型コロナウイルス感染症とロシア・ウクライナ戦争の影響を考慮しながら市場規模を推計しました。
このレポートは、世界の工業用イソブチレン市場に関する詳細かつ包括的な分析の結果です。定量的分析と定性的分析データが、メーカー別、地域別、国別、種類別、用途別に記載されています。

市場は常に変化しているため、本レポートでは、競争、需要と供給の傾向、および多くの市場にわたる需要の変化に影響する主要な要因を調査しました。主要な競合他社の企業概要と製品例、および2023年の市場シェア予測も記載しました。

本レポートの主な目的は次のとおりです。
- 世界および主要国の市場機会の規模を決定するため
- 工業用イソブチレンの成長可能性を評価するため
- 各製品および最終用途市場の将来の成長を予測するため
- 市場に影響を与える競争要因を評価するため

工業用イソブチレン市場は種類と用途によって区分されます。2018年~2029年において、量と金額の観点から種類別および用途別セグメントの売上予測データを提供します。この分析は、適格なニッチ市場をターゲットにすることでビジネスを拡大するのに役立ちます。

種類別セグメント
・高純度、低純度

用途別セグメント
・合成ゴム、燃料添加剤、その他

主要な市場プレーヤー
・Lyondell Basell、ExxonMobil Chemical、TPC Group、Nizhnekamskneftekhim、Sumitomo Chemical、Evonik、Yeochun NCC、TASCO Group、Chevron Phillips Chemical Company、Sinopec、Chambroad Petrochemicals、Qixiang Tengda、Haode Chemical、Chengtai New Material

地域別セグメントは次の地域・国をカバーします。
・北米(米国、カナダ、メキシコ)
・ヨーロッパ(ドイツ、フランス、イギリス、ロシア、イタリア)
・アジア太平洋(日本、中国、韓国、インド、東南アジア、オーストラリア)
・南アメリカ(ブラジル、アルゼンチン、コロンビア)
・中東およびアフリカ(サウジアラビア、UAE、エジプト、南アフリカ)

本調査レポートの内容は計15章あります。
・第1章では、工業用イソブチレン製品の調査範囲、市場の概要、市場の成長要因・阻害要因、および市場動向について説明します。
・第2章では、主要な工業用イソブチレンメーカーの企業概要、2019年~2022年までの工業用イソブチレンの価格、販売量、売上、市場シェアを掲載しています。
・第3章では、主要な工業用イソブチレンメーカーの競争状況、販売量、売上、世界市場シェアが重点的に比較分析されています。
・第4章では、2018年~2029年までの地域別工業用イソブチレンの販売量、売上、成長性を示しています。
・第5、6章では、2018年~2029年までの工業用イソブチレンの種類別と用途別の市場規模、市場シェアと成長率を掲載しています。
・第7、8、9、10、11章では、2018年~2022年までの世界の主要国での販売量、売上、市場シェア、並びに2023年~2029年までの主要地域での工業用イソブチレン市場予測を収録しています。
・第12章では、市場力学、成長要因、阻害要因、トレンド、ポーターズファイブフォース分析、新型コロナウイルス感染症とロシア・ウクライナ戦争の影響を掲載しています。
・第13章では、主要な原材料、主要なサプライヤー、および工業用イソブチレンの産業チェーンを掲載しています。
・第14、15章では、工業用イソブチレンの販売チャネル、販売業者、顧客、調査結果について説明します。

***** 目次(一部) *****

・市場概要
- 工業用イソブチレンの概要
- 種類別分析(2018年vs2022年vs2029年):高純度、低純度
- 用途別分析(2018年vs2022年vs2029年):合成ゴム、燃料添加剤、その他
- 世界の工業用イソブチレン市場規模・予測
- 世界の工業用イソブチレン生産能力分析
- 市場の成長要因・阻害要因・動向
・メーカー情報(企業概要、製品概要、販売量、価格、売上)
- Lyondell Basell、ExxonMobil Chemical、TPC Group、Nizhnekamskneftekhim、Sumitomo Chemical、Evonik、Yeochun NCC、TASCO Group、Chevron Phillips Chemical Company、Sinopec、Chambroad Petrochemicals、Qixiang Tengda、Haode Chemical、Chengtai New Material
・メーカー別市場シェア・市場集中度
・地域別市場分析2018年-2029年
・種類別分析2018年-2029年:高純度、低純度
・用途別分析2018年-2029年:合成ゴム、燃料添加剤、その他
・工業用イソブチレンの北米市場
- 種類別市場規模2018年-2029年
- 用途別市場規模2018年-2029年
- 主要国別市場規模:アメリカ、カナダ、メキシコなど
・工業用イソブチレンのヨーロッパ市場
- 種類別市場規模2018年-2029年
- 用途別市場規模2018年-2029年
- 主要国別市場規模:ドイツ、イギリス、フランス、ロシア、イタリアなど
・工業用イソブチレンのアジア市場
- 種類別市場規模2018年-2029年
- 用途別市場規模2018年-2029年
- 主要国別市場規模:中国、日本、韓国、インド、東南アジア、オーストラリアなど
・工業用イソブチレンの南米市場
- 種類別市場規模2018年-2029年
- 用途別市場規模2018年-2029年
- 主要国別市場規模:ブラジル、アルゼンチンなど
・工業用イソブチレンの中東・アフリカ市場
- 種類別市場規模2018年-2029年
- 用途別市場規模2018年-2029年
- 主要国別市場規模:サウジアラビア、トルコ、エジプト、南アフリカなど
・市場力学(成長要因、阻害要因、トレンド、ポーターズファイブフォース分析)
・原材料および産業チェーン
・販売チャネル、流通業者・代理店、顧客リスト
・調査の結果・結論

According to our (Global Info Research) latest study, the global Industrial Isobutylene market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Industrial isobutylene, also known as 2-methylpropene, is a hydrocarbon compound with the chemical formula C4H8. It is a colorless and flammable gas that is commonly used in various industrial applications, particularly in the production of synthetic rubber, fuel additives, and other chemicals.
This report is a detailed and comprehensive analysis for global Industrial Isobutylene market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Industrial Isobutylene market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Industrial Isobutylene market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Industrial Isobutylene market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Industrial Isobutylene market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Industrial Isobutylene
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Industrial Isobutylene market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Lyondell Basell, ExxonMobil Chemical, TPC Group, Nizhnekamskneftekhim and Sumitomo Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Industrial Isobutylene market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High Purity
Low Purity
Market segment by Application
Synthetic Rubber
Fuel Additives
Others
Major players covered
Lyondell Basell
ExxonMobil Chemical
TPC Group
Nizhnekamskneftekhim
Sumitomo Chemical
Evonik
Yeochun NCC
TASCO Group
Chevron Phillips Chemical Company
Sinopec
Chambroad Petrochemicals
Qixiang Tengda
Haode Chemical
Chengtai New Material
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Isobutylene product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial Isobutylene, with price, sales, revenue and global market share of Industrial Isobutylene from 2018 to 2023.
Chapter 3, the Industrial Isobutylene competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Isobutylene breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Industrial Isobutylene market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Isobutylene.
Chapter 14 and 15, to describe Industrial Isobutylene sales channel, distributors, customers, research findings and conclusion.

レポート目次

1 Market Overview
1.1 Product Overview and Scope of Industrial Isobutylene
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Industrial Isobutylene Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 High Purity
1.3.3 Low Purity
1.4 Market Analysis by Application
1.4.1 Overview: Global Industrial Isobutylene Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Synthetic Rubber
1.4.3 Fuel Additives
1.4.4 Others
1.5 Global Industrial Isobutylene Market Size & Forecast
1.5.1 Global Industrial Isobutylene Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Industrial Isobutylene Sales Quantity (2018-2029)
1.5.3 Global Industrial Isobutylene Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Lyondell Basell
2.1.1 Lyondell Basell Details
2.1.2 Lyondell Basell Major Business
2.1.3 Lyondell Basell Industrial Isobutylene Product and Services
2.1.4 Lyondell Basell Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Lyondell Basell Recent Developments/Updates
2.2 ExxonMobil Chemical
2.2.1 ExxonMobil Chemical Details
2.2.2 ExxonMobil Chemical Major Business
2.2.3 ExxonMobil Chemical Industrial Isobutylene Product and Services
2.2.4 ExxonMobil Chemical Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 ExxonMobil Chemical Recent Developments/Updates
2.3 TPC Group
2.3.1 TPC Group Details
2.3.2 TPC Group Major Business
2.3.3 TPC Group Industrial Isobutylene Product and Services
2.3.4 TPC Group Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 TPC Group Recent Developments/Updates
2.4 Nizhnekamskneftekhim
2.4.1 Nizhnekamskneftekhim Details
2.4.2 Nizhnekamskneftekhim Major Business
2.4.3 Nizhnekamskneftekhim Industrial Isobutylene Product and Services
2.4.4 Nizhnekamskneftekhim Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Nizhnekamskneftekhim Recent Developments/Updates
2.5 Sumitomo Chemical
2.5.1 Sumitomo Chemical Details
2.5.2 Sumitomo Chemical Major Business
2.5.3 Sumitomo Chemical Industrial Isobutylene Product and Services
2.5.4 Sumitomo Chemical Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Sumitomo Chemical Recent Developments/Updates
2.6 Evonik
2.6.1 Evonik Details
2.6.2 Evonik Major Business
2.6.3 Evonik Industrial Isobutylene Product and Services
2.6.4 Evonik Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Evonik Recent Developments/Updates
2.7 Yeochun NCC
2.7.1 Yeochun NCC Details
2.7.2 Yeochun NCC Major Business
2.7.3 Yeochun NCC Industrial Isobutylene Product and Services
2.7.4 Yeochun NCC Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Yeochun NCC Recent Developments/Updates
2.8 TASCO Group
2.8.1 TASCO Group Details
2.8.2 TASCO Group Major Business
2.8.3 TASCO Group Industrial Isobutylene Product and Services
2.8.4 TASCO Group Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 TASCO Group Recent Developments/Updates
2.9 Chevron Phillips Chemical Company
2.9.1 Chevron Phillips Chemical Company Details
2.9.2 Chevron Phillips Chemical Company Major Business
2.9.3 Chevron Phillips Chemical Company Industrial Isobutylene Product and Services
2.9.4 Chevron Phillips Chemical Company Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Chevron Phillips Chemical Company Recent Developments/Updates
2.10 Sinopec
2.10.1 Sinopec Details
2.10.2 Sinopec Major Business
2.10.3 Sinopec Industrial Isobutylene Product and Services
2.10.4 Sinopec Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Sinopec Recent Developments/Updates
2.11 Chambroad Petrochemicals
2.11.1 Chambroad Petrochemicals Details
2.11.2 Chambroad Petrochemicals Major Business
2.11.3 Chambroad Petrochemicals Industrial Isobutylene Product and Services
2.11.4 Chambroad Petrochemicals Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Chambroad Petrochemicals Recent Developments/Updates
2.12 Qixiang Tengda
2.12.1 Qixiang Tengda Details
2.12.2 Qixiang Tengda Major Business
2.12.3 Qixiang Tengda Industrial Isobutylene Product and Services
2.12.4 Qixiang Tengda Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Qixiang Tengda Recent Developments/Updates
2.13 Haode Chemical
2.13.1 Haode Chemical Details
2.13.2 Haode Chemical Major Business
2.13.3 Haode Chemical Industrial Isobutylene Product and Services
2.13.4 Haode Chemical Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Haode Chemical Recent Developments/Updates
2.14 Chengtai New Material
2.14.1 Chengtai New Material Details
2.14.2 Chengtai New Material Major Business
2.14.3 Chengtai New Material Industrial Isobutylene Product and Services
2.14.4 Chengtai New Material Industrial Isobutylene Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 Chengtai New Material Recent Developments/Updates
3 Competitive Environment: Industrial Isobutylene by Manufacturer
3.1 Global Industrial Isobutylene Sales Quantity by Manufacturer (2018-2023)
3.2 Global Industrial Isobutylene Revenue by Manufacturer (2018-2023)
3.3 Global Industrial Isobutylene Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Industrial Isobutylene by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Industrial Isobutylene Manufacturer Market Share in 2022
3.4.2 Top 6 Industrial Isobutylene Manufacturer Market Share in 2022
3.5 Industrial Isobutylene Market: Overall Company Footprint Analysis
3.5.1 Industrial Isobutylene Market: Region Footprint
3.5.2 Industrial Isobutylene Market: Company Product Type Footprint
3.5.3 Industrial Isobutylene Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Industrial Isobutylene Market Size by Region
4.1.1 Global Industrial Isobutylene Sales Quantity by Region (2018-2029)
4.1.2 Global Industrial Isobutylene Consumption Value by Region (2018-2029)
4.1.3 Global Industrial Isobutylene Average Price by Region (2018-2029)
4.2 North America Industrial Isobutylene Consumption Value (2018-2029)
4.3 Europe Industrial Isobutylene Consumption Value (2018-2029)
4.4 Asia-Pacific Industrial Isobutylene Consumption Value (2018-2029)
4.5 South America Industrial Isobutylene Consumption Value (2018-2029)
4.6 Middle East and Africa Industrial Isobutylene Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Industrial Isobutylene Sales Quantity by Type (2018-2029)
5.2 Global Industrial Isobutylene Consumption Value by Type (2018-2029)
5.3 Global Industrial Isobutylene Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Industrial Isobutylene Sales Quantity by Application (2018-2029)
6.2 Global Industrial Isobutylene Consumption Value by Application (2018-2029)
6.3 Global Industrial Isobutylene Average Price by Application (2018-2029)
7 North America
7.1 North America Industrial Isobutylene Sales Quantity by Type (2018-2029)
7.2 North America Industrial Isobutylene Sales Quantity by Application (2018-2029)
7.3 North America Industrial Isobutylene Market Size by Country
7.3.1 North America Industrial Isobutylene Sales Quantity by Country (2018-2029)
7.3.2 North America Industrial Isobutylene Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Industrial Isobutylene Sales Quantity by Type (2018-2029)
8.2 Europe Industrial Isobutylene Sales Quantity by Application (2018-2029)
8.3 Europe Industrial Isobutylene Market Size by Country
8.3.1 Europe Industrial Isobutylene Sales Quantity by Country (2018-2029)
8.3.2 Europe Industrial Isobutylene Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Industrial Isobutylene Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Industrial Isobutylene Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Industrial Isobutylene Market Size by Region
9.3.1 Asia-Pacific Industrial Isobutylene Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Industrial Isobutylene Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Industrial Isobutylene Sales Quantity by Type (2018-2029)
10.2 South America Industrial Isobutylene Sales Quantity by Application (2018-2029)
10.3 South America Industrial Isobutylene Market Size by Country
10.3.1 South America Industrial Isobutylene Sales Quantity by Country (2018-2029)
10.3.2 South America Industrial Isobutylene Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Industrial Isobutylene Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Industrial Isobutylene Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Industrial Isobutylene Market Size by Country
11.3.1 Middle East & Africa Industrial Isobutylene Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Industrial Isobutylene Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Industrial Isobutylene Market Drivers
12.2 Industrial Isobutylene Market Restraints
12.3 Industrial Isobutylene Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Industrial Isobutylene and Key Manufacturers
13.2 Manufacturing Costs Percentage of Industrial Isobutylene
13.3 Industrial Isobutylene Production Process
13.4 Industrial Isobutylene Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Industrial Isobutylene Typical Distributors
14.3 Industrial Isobutylene Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer