▶ 調査レポート

世界のPE用UV安定剤市場2023年:企業・地域・種類・用途別分析

• 英文タイトル:Global UV Stabilizer for PE 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PE用UV安定剤市場2023年:企業・地域・種類・用途別分析 / Global UV Stabilizer for PE Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029 / MRC309Z1802資料のイメージです。• レポートコード:MRC309Z1802
• 出版社/出版日:GlobalInfoResearch / 2023年9月
• レポート形態:英文、PDF、107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PE用UV安定剤の市場規模は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PE用UV安定剤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
- PE用UV安定剤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

PE用UV安定剤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
・紫外線吸収剤、消光剤、ヒンダードアミン光安定剤(HALS)

用途別セグメント
・包装、農業、建設、自動車、その他

主要な市場プレーヤー
・EnerPlastics、Tosaf、Alok Masterbatches、An Tien Industries、Perfect Colourants and Plastic、REPIN Masterbatches、Prime Minister、Kanpur Plastipack、XINOMER、Sonali Group、Cheng Feng Group、Suzhou Rainbow New Material、GRAFE

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、PE用UV安定剤製品の調査範囲、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PE用UV安定剤メーカーの企業概要、2019年~2022年までのPE用UV安定剤の価格、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PE用UV安定剤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PE用UV安定剤の販売量、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PE用UV安定剤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PE用UV安定剤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PE用UV安定剤の産業チェーンを掲載しています。
・第14、15章では、PE用UV安定剤の販売チャネル、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
- PE用UV安定剤の概要
- 種類別分析(2018年vs2022年vs2029年):紫外線吸収剤、消光剤、ヒンダードアミン光安定剤(HALS)
- 用途別分析(2018年vs2022年vs2029年):包装、農業、建設、自動車、その他
- 世界のPE用UV安定剤市場規模・予測
- 世界のPE用UV安定剤生産能力分析
- 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)
- EnerPlastics、Tosaf、Alok Masterbatches、An Tien Industries、Perfect Colourants and Plastic、REPIN Masterbatches、Prime Minister、Kanpur Plastipack、XINOMER、Sonali Group、Cheng Feng Group、Suzhou Rainbow New Material、GRAFE
・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:紫外線吸収剤、消光剤、ヒンダードアミン光安定剤(HALS)
・用途別分析2018年-2029年:包装、農業、建設、自動車、その他
・PE用UV安定剤の北米市場
- 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
・PE用UV安定剤のヨーロッパ市場
- 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
・PE用UV安定剤のアジア市場
- 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
・PE用UV安定剤の南米市場
- 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
・PE用UV安定剤の中東・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 UV Stabilizer for PE market size was valued at USD 661.6 million in 2022 and is forecast to a readjusted size of USD 959.6 million by 2029 with a CAGR of 5.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
UV stabilizers are additives that help protect plastics, including polyethylene (PE), from degradation when exposed to the sun’s ultraviolet rays. PE is particularly susceptible to UV degradation, which can lead to discoloration, brittleness and loss of strength.
This report is a detailed and comprehensive analysis for global UV Stabilizer for PE 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 UV Stabilizer for PE market size and forecasts, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2018-2029
Global UV Stabilizer for PE market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2018-2029
Global UV Stabilizer for PE market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Tons), and average selling prices (US$/Ton), 2018-2029
Global UV Stabilizer for PE market shares of main players, shipments in revenue ($ Million), sales quantity (K 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 UV Stabilizer for PE
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 UV Stabilizer for PE 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 EnerPlastics, Tosaf, Alok Masterbatches, An Tien Industries and Perfect Colourants and Plastic, 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
UV Stabilizer for PE 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
UV Absorber
Quencher
Hindered Amine Light Stabilizers (HALS)
Market segment by Application
Packaging
Agriculture
Construction
Automotive
Others
Major players covered
EnerPlastics
Tosaf
Alok Masterbatches
An Tien Industries
Perfect Colourants and Plastic
REPIN Masterbatches
Prime Minister
Kanpur Plastipack
XINOMER
Sonali Group
Cheng Feng Group
Suzhou Rainbow New Material
GRAFE
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 UV Stabilizer for PE product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of UV Stabilizer for PE, with price, sales, revenue and global market share of UV Stabilizer for PE from 2018 to 2023.
Chapter 3, the UV Stabilizer for PE competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the UV Stabilizer for PE 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 UV Stabilizer for PE 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 UV Stabilizer for PE.
Chapter 14 and 15, to describe UV Stabilizer for PE sales channel, distributors, customers, research findings and conclusion.

レポート目次

1 Market Overview
1.1 Product Overview and Scope of UV Stabilizer for PE
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global UV Stabilizer for PE Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 UV Absorber
1.3.3 Quencher
1.3.4 Hindered Amine Light Stabilizers (HALS)
1.4 Market Analysis by Application
1.4.1 Overview: Global UV Stabilizer for PE Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Packaging
1.4.3 Agriculture
1.4.4 Construction
1.4.5 Automotive
1.4.6 Others
1.5 Global UV Stabilizer for PE Market Size & Forecast
1.5.1 Global UV Stabilizer for PE Consumption Value (2018 & 2022 & 2029)
1.5.2 Global UV Stabilizer for PE Sales Quantity (2018-2029)
1.5.3 Global UV Stabilizer for PE Average Price (2018-2029)
2 Manufacturers Profiles
2.1 EnerPlastics
2.1.1 EnerPlastics Details
2.1.2 EnerPlastics Major Business
2.1.3 EnerPlastics UV Stabilizer for PE Product and Services
2.1.4 EnerPlastics UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 EnerPlastics Recent Developments/Updates
2.2 Tosaf
2.2.1 Tosaf Details
2.2.2 Tosaf Major Business
2.2.3 Tosaf UV Stabilizer for PE Product and Services
2.2.4 Tosaf UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Tosaf Recent Developments/Updates
2.3 Alok Masterbatches
2.3.1 Alok Masterbatches Details
2.3.2 Alok Masterbatches Major Business
2.3.3 Alok Masterbatches UV Stabilizer for PE Product and Services
2.3.4 Alok Masterbatches UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Alok Masterbatches Recent Developments/Updates
2.4 An Tien Industries
2.4.1 An Tien Industries Details
2.4.2 An Tien Industries Major Business
2.4.3 An Tien Industries UV Stabilizer for PE Product and Services
2.4.4 An Tien Industries UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 An Tien Industries Recent Developments/Updates
2.5 Perfect Colourants and Plastic
2.5.1 Perfect Colourants and Plastic Details
2.5.2 Perfect Colourants and Plastic Major Business
2.5.3 Perfect Colourants and Plastic UV Stabilizer for PE Product and Services
2.5.4 Perfect Colourants and Plastic UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Perfect Colourants and Plastic Recent Developments/Updates
2.6 REPIN Masterbatches
2.6.1 REPIN Masterbatches Details
2.6.2 REPIN Masterbatches Major Business
2.6.3 REPIN Masterbatches UV Stabilizer for PE Product and Services
2.6.4 REPIN Masterbatches UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 REPIN Masterbatches Recent Developments/Updates
2.7 Prime Minister
2.7.1 Prime Minister Details
2.7.2 Prime Minister Major Business
2.7.3 Prime Minister UV Stabilizer for PE Product and Services
2.7.4 Prime Minister UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Prime Minister Recent Developments/Updates
2.8 Kanpur Plastipack
2.8.1 Kanpur Plastipack Details
2.8.2 Kanpur Plastipack Major Business
2.8.3 Kanpur Plastipack UV Stabilizer for PE Product and Services
2.8.4 Kanpur Plastipack UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Kanpur Plastipack Recent Developments/Updates
2.9 XINOMER
2.9.1 XINOMER Details
2.9.2 XINOMER Major Business
2.9.3 XINOMER UV Stabilizer for PE Product and Services
2.9.4 XINOMER UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 XINOMER Recent Developments/Updates
2.10 Sonali Group
2.10.1 Sonali Group Details
2.10.2 Sonali Group Major Business
2.10.3 Sonali Group UV Stabilizer for PE Product and Services
2.10.4 Sonali Group UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Sonali Group Recent Developments/Updates
2.11 Cheng Feng Group
2.11.1 Cheng Feng Group Details
2.11.2 Cheng Feng Group Major Business
2.11.3 Cheng Feng Group UV Stabilizer for PE Product and Services
2.11.4 Cheng Feng Group UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Cheng Feng Group Recent Developments/Updates
2.12 Suzhou Rainbow New Material
2.12.1 Suzhou Rainbow New Material Details
2.12.2 Suzhou Rainbow New Material Major Business
2.12.3 Suzhou Rainbow New Material UV Stabilizer for PE Product and Services
2.12.4 Suzhou Rainbow New Material UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Suzhou Rainbow New Material Recent Developments/Updates
2.13 GRAFE
2.13.1 GRAFE Details
2.13.2 GRAFE Major Business
2.13.3 GRAFE UV Stabilizer for PE Product and Services
2.13.4 GRAFE UV Stabilizer for PE Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 GRAFE Recent Developments/Updates
3 Competitive Environment: UV Stabilizer for PE by Manufacturer
3.1 Global UV Stabilizer for PE Sales Quantity by Manufacturer (2018-2023)
3.2 Global UV Stabilizer for PE Revenue by Manufacturer (2018-2023)
3.3 Global UV Stabilizer for PE Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of UV Stabilizer for PE by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 UV Stabilizer for PE Manufacturer Market Share in 2022
3.4.2 Top 6 UV Stabilizer for PE Manufacturer Market Share in 2022
3.5 UV Stabilizer for PE Market: Overall Company Footprint Analysis
3.5.1 UV Stabilizer for PE Market: Region Footprint
3.5.2 UV Stabilizer for PE Market: Company Product Type Footprint
3.5.3 UV Stabilizer for PE 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 UV Stabilizer for PE Market Size by Region
4.1.1 Global UV Stabilizer for PE Sales Quantity by Region (2018-2029)
4.1.2 Global UV Stabilizer for PE Consumption Value by Region (2018-2029)
4.1.3 Global UV Stabilizer for PE Average Price by Region (2018-2029)
4.2 North America UV Stabilizer for PE Consumption Value (2018-2029)
4.3 Europe UV Stabilizer for PE Consumption Value (2018-2029)
4.4 Asia-Pacific UV Stabilizer for PE Consumption Value (2018-2029)
4.5 South America UV Stabilizer for PE Consumption Value (2018-2029)
4.6 Middle East and Africa UV Stabilizer for PE Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global UV Stabilizer for PE Sales Quantity by Type (2018-2029)
5.2 Global UV Stabilizer for PE Consumption Value by Type (2018-2029)
5.3 Global UV Stabilizer for PE Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global UV Stabilizer for PE Sales Quantity by Application (2018-2029)
6.2 Global UV Stabilizer for PE Consumption Value by Application (2018-2029)
6.3 Global UV Stabilizer for PE Average Price by Application (2018-2029)
7 North America
7.1 North America UV Stabilizer for PE Sales Quantity by Type (2018-2029)
7.2 North America UV Stabilizer for PE Sales Quantity by Application (2018-2029)
7.3 North America UV Stabilizer for PE Market Size by Country
7.3.1 North America UV Stabilizer for PE Sales Quantity by Country (2018-2029)
7.3.2 North America UV Stabilizer for PE 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 UV Stabilizer for PE Sales Quantity by Type (2018-2029)
8.2 Europe UV Stabilizer for PE Sales Quantity by Application (2018-2029)
8.3 Europe UV Stabilizer for PE Market Size by Country
8.3.1 Europe UV Stabilizer for PE Sales Quantity by Country (2018-2029)
8.3.2 Europe UV Stabilizer for PE 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 UV Stabilizer for PE Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific UV Stabilizer for PE Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific UV Stabilizer for PE Market Size by Region
9.3.1 Asia-Pacific UV Stabilizer for PE Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific UV Stabilizer for PE 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 UV Stabilizer for PE Sales Quantity by Type (2018-2029)
10.2 South America UV Stabilizer for PE Sales Quantity by Application (2018-2029)
10.3 South America UV Stabilizer for PE Market Size by Country
10.3.1 South America UV Stabilizer for PE Sales Quantity by Country (2018-2029)
10.3.2 South America UV Stabilizer for PE 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 UV Stabilizer for PE Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa UV Stabilizer for PE Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa UV Stabilizer for PE Market Size by Country
11.3.1 Middle East & Africa UV Stabilizer for PE Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa UV Stabilizer for PE 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 UV Stabilizer for PE Market Drivers
12.2 UV Stabilizer for PE Market Restraints
12.3 UV Stabilizer for PE 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 UV Stabilizer for PE and Key Manufacturers
13.2 Manufacturing Costs Percentage of UV Stabilizer for PE
13.3 UV Stabilizer for PE Production Process
13.4 UV Stabilizer for PE Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 UV Stabilizer for PE Typical Distributors
14.3 UV Stabilizer for PE Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer