Global Graphite and Carbon Sealing Gasket Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Graphite and Carbon Sealing Gasket Market Size, Manufacturers, Opportunities and Forecast to 2030


Graphite and Carbon Sealing Gasket is the most resistant gaskets for flanges capable to withstanding to high temperature and pressure. Standard Gaskets are 95% to 98% pure, with a nuclear grade available at 99.9% purity.

Graphite gaskets are cut from pure graphite sheet or graphite sheet with metal reinforcement, features excellent corrosion-resistance, high-and-low temperature resistance, good compression resilient and high intensity it can be used as sealing elements of pipe, valve, pump, pressure vessel, heat exchanger and condenser, etc.

According to APO Research, The global Graphite and Carbon Sealing Gasket market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

US is the largest Graphite and Carbon Sealing Gasket market with about 33% market share. EU is follower, accounting for about 28% market share.

The key players are EnPro Industries, GrafTech, Mersen, Lamons, EagleBurgmann, Gee Graphite, Nippon Valqua, Flexitallic, Mercer Gasket, Renesas Electronics Corporation, Graphite Tech, Hennig Gasket, Shuk, SinoSeal, Teamful Sealing Technology, Wealson, Tiansheng, Guangan Chemical, Qimeng etc. Top 3 companies occupied about 12% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Graphite and Carbon Sealing Gasket, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Graphite and Carbon Sealing Gasket.

The Graphite and Carbon Sealing Gasket market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Graphite and Carbon Sealing Gasket market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

EnPro Industries
GrafTech
Mersen
Lamons
EagleBurgmann
Gee Graphite
Nippon Valqua
Flexitallic
Mercer Gasket
Renesas Electronics Corporation
Graphite Tech
Hennig Gasket
Shuk
SinoSeal
Teamful Sealing Technology
Wealson
Tiansheng
Guangan Chemical
Qimeng

Graphite and Carbon Sealing Gasket segment by Type

Pure Flexible Graphite Gaskets
Pure Flexible Graphite-Metal Inserted

Graphite and Carbon Sealing Gasket segment by Application

Petrochemical
Instrumentation
Aerospace
Chemical Industry
Others

Graphite and Carbon Sealing Gasket Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Graphite and Carbon Sealing Gasket market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Graphite and Carbon Sealing Gasket and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Graphite and Carbon Sealing Gasket.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Graphite and Carbon Sealing Gasket manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Graphite and Carbon Sealing Gasket in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Graphite and Carbon Sealing Gasket Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Graphite and Carbon Sealing Gasket Sales Estimates and Forecasts (2019-2030)
1.3 Graphite and Carbon Sealing Gasket Market by Type
1.3.1 Pure Flexible Graphite Gaskets
1.3.2 Pure Flexible Graphite-Metal Inserted
1.4 Global Graphite and Carbon Sealing Gasket Market Size by Type
1.4.1 Global Graphite and Carbon Sealing Gasket Market Size Overview by Type (2019-2030)
1.4.2 Global Graphite and Carbon Sealing Gasket Historic Market Size Review by Type (2019-2024)
1.4.3 Global Graphite and Carbon Sealing Gasket Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Graphite and Carbon Sealing Gasket Sales Breakdown by Type (2019-2024)
1.5.2 Europe Graphite and Carbon Sealing Gasket Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Graphite and Carbon Sealing Gasket Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Graphite and Carbon Sealing Gasket Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Graphite and Carbon Sealing Gasket Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Graphite and Carbon Sealing Gasket Industry Trends
2.2 Graphite and Carbon Sealing Gasket Industry Drivers
2.3 Graphite and Carbon Sealing Gasket Industry Opportunities and Challenges
2.4 Graphite and Carbon Sealing Gasket Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Graphite and Carbon Sealing Gasket Revenue (2019-2024)
3.2 Global Top Players by Graphite and Carbon Sealing Gasket Sales (2019-2024)
3.3 Global Top Players by Graphite and Carbon Sealing Gasket Price (2019-2024)
3.4 Global Graphite and Carbon Sealing Gasket Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Graphite and Carbon Sealing Gasket Key Company Manufacturing Sites & Headquarters
3.6 Global Graphite and Carbon Sealing Gasket Company, Product Type & Application
3.7 Global Graphite and Carbon Sealing Gasket Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Graphite and Carbon Sealing Gasket Market CR5 and HHI
3.8.2 Global Top 5 and
10 Graphite and Carbon Sealing Gasket Players Market Share by Revenue in 2023
3.8.3 20
23 Graphite and Carbon Sealing Gasket Tier 1, Tier 2, and Tier 3
4 Graphite and Carbon Sealing Gasket Regional Status and Outlook
4.1 Global Graphite and Carbon Sealing Gasket Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Graphite and Carbon Sealing Gasket Historic Market Size by Region
4.2.1 Global Graphite and Carbon Sealing Gasket Sales in Volume by Region (2019-2024)
4.2.2 Global Graphite and Carbon Sealing Gasket Sales in Value by Region (2019-2024)
4.2.3 Global Graphite and Carbon Sealing Gasket Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Graphite and Carbon Sealing Gasket Forecasted Market Size by Region
4.3.1 Global Graphite and Carbon Sealing Gasket Sales in Volume by Region (2025-2030)
4.3.2 Global Graphite and Carbon Sealing Gasket Sales in Value by Region (2025-2030)
4.3.3 Global Graphite and Carbon Sealing Gasket Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Graphite and Carbon Sealing Gasket by Application
5.1 Graphite and Carbon Sealing Gasket Market by Application
5.1.1 Petrochemical
5.1.2 Instrumentation
5.1.3 Aerospace
5.1.4 Chemical Industry
5.1.5 Others
5.2 Global Graphite and Carbon Sealing Gasket Market Size by Application
5.2.1 Global Graphite and Carbon Sealing Gasket Market Size Overview by Application (2019-2030)
5.2.2 Global Graphite and Carbon Sealing Gasket Historic Market Size Review by Application (2019-2024)
5.2.3 Global Graphite and Carbon Sealing Gasket Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Graphite and Carbon Sealing Gasket Sales Breakdown by Application (2019-2024)
5.3.2 Europe Graphite and Carbon Sealing Gasket Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Graphite and Carbon Sealing Gasket Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Graphite and Carbon Sealing Gasket Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Graphite and Carbon Sealing Gasket Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 EnPro Industries
6.1.1 EnPro Industries Comapny Information
6.1.2 EnPro Industries Business Overview
6.1.3 EnPro Industries Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.1.4 EnPro Industries Graphite and Carbon Sealing Gasket Product Portfolio
6.1.5 EnPro Industries Recent Developments
6.2 GrafTech
6.2.1 GrafTech Comapny Information
6.2.2 GrafTech Business Overview
6.2.3 GrafTech Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.2.4 GrafTech Graphite and Carbon Sealing Gasket Product Portfolio
6.2.5 GrafTech Recent Developments
6.3 Mersen
6.3.1 Mersen Comapny Information
6.3.2 Mersen Business Overview
6.3.3 Mersen Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Mersen Graphite and Carbon Sealing Gasket Product Portfolio
6.3.5 Mersen Recent Developments
6.4 Lamons
6.4.1 Lamons Comapny Information
6.4.2 Lamons Business Overview
6.4.3 Lamons Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Lamons Graphite and Carbon Sealing Gasket Product Portfolio
6.4.5 Lamons Recent Developments
6.5 EagleBurgmann
6.5.1 EagleBurgmann Comapny Information
6.5.2 EagleBurgmann Business Overview
6.5.3 EagleBurgmann Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.5.4 EagleBurgmann Graphite and Carbon Sealing Gasket Product Portfolio
6.5.5 EagleBurgmann Recent Developments
6.6 Gee Graphite
6.6.1 Gee Graphite Comapny Information
6.6.2 Gee Graphite Business Overview
6.6.3 Gee Graphite Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Gee Graphite Graphite and Carbon Sealing Gasket Product Portfolio
6.6.5 Gee Graphite Recent Developments
6.7 Nippon Valqua
6.7.1 Nippon Valqua Comapny Information
6.7.2 Nippon Valqua Business Overview
6.7.3 Nippon Valqua Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Nippon Valqua Graphite and Carbon Sealing Gasket Product Portfolio
6.7.5 Nippon Valqua Recent Developments
6.8 Flexitallic
6.8.1 Flexitallic Comapny Information
6.8.2 Flexitallic Business Overview
6.8.3 Flexitallic Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Flexitallic Graphite and Carbon Sealing Gasket Product Portfolio
6.8.5 Flexitallic Recent Developments
6.9 Mercer Gasket
6.9.1 Mercer Gasket Comapny Information
6.9.2 Mercer Gasket Business Overview
6.9.3 Mercer Gasket Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Mercer Gasket Graphite and Carbon Sealing Gasket Product Portfolio
6.9.5 Mercer Gasket Recent Developments
6.
10 Renesas Electronics Corporation
6.10.1 Renesas Electronics Corporation Comapny Information
6.10.2 Renesas Electronics Corporation Business Overview
6.10.3 Renesas Electronics Corporation Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Renesas Electronics Corporation Graphite and Carbon Sealing Gasket Product Portfolio
6.10.5 Renesas Electronics Corporation Recent Developments
6.
11 Graphite Tech
6.11.1 Graphite Tech Comapny Information
6.11.2 Graphite Tech Business Overview
6.11.3 Graphite Tech Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Graphite Tech Graphite and Carbon Sealing Gasket Product Portfolio
6.11.5 Graphite Tech Recent Developments
6.
12 Hennig Gasket
6.12.1 Hennig Gasket Comapny Information
6.12.2 Hennig Gasket Business Overview
6.12.3 Hennig Gasket Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Hennig Gasket Graphite and Carbon Sealing Gasket Product Portfolio
6.12.5 Hennig Gasket Recent Developments
6.
13 Shuk
6.13.1 Shuk Comapny Information
6.13.2 Shuk Business Overview
6.13.3 Shuk Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Shuk Graphite and Carbon Sealing Gasket Product Portfolio
6.13.5 Shuk Recent Developments
6.
14 SinoSeal
6.14.1 SinoSeal Comapny Information
6.14.2 SinoSeal Business Overview
6.14.3 SinoSeal Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.14.4 SinoSeal Graphite and Carbon Sealing Gasket Product Portfolio
6.14.5 SinoSeal Recent Developments
6.
15 Teamful Sealing Technology
6.15.1 Teamful Sealing Technology Comapny Information
6.15.2 Teamful Sealing Technology Business Overview
6.15.3 Teamful Sealing Technology Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Teamful Sealing Technology Graphite and Carbon Sealing Gasket Product Portfolio
6.15.5 Teamful Sealing Technology Recent Developments
6.
16 Wealson
6.16.1 Wealson Comapny Information
6.16.2 Wealson Business Overview
6.16.3 Wealson Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Wealson Graphite and Carbon Sealing Gasket Product Portfolio
6.16.5 Wealson Recent Developments
6.
17 Tiansheng
6.17.1 Tiansheng Comapny Information
6.17.2 Tiansheng Business Overview
6.17.3 Tiansheng Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Tiansheng Graphite and Carbon Sealing Gasket Product Portfolio
6.17.5 Tiansheng Recent Developments
6.
18 Guangan Chemical
6.18.1 Guangan Chemical Comapny Information
6.18.2 Guangan Chemical Business Overview
6.18.3 Guangan Chemical Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Guangan Chemical Graphite and Carbon Sealing Gasket Product Portfolio
6.18.5 Guangan Chemical Recent Developments
6.
19 Qimeng
6.19.1 Qimeng Comapny Information
6.19.2 Qimeng Business Overview
6.19.3 Qimeng Graphite and Carbon Sealing Gasket Sales, Revenue and Gross Margin (2019-2024)
6.19.4 Qimeng Graphite and Carbon Sealing Gasket Product Portfolio
6.19.5 Qimeng Recent Developments
7 North America by Country
7.1 North America Graphite and Carbon Sealing Gasket Sales by Country
7.1.1 North America Graphite and Carbon Sealing Gasket Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Graphite and Carbon Sealing Gasket Sales by Country (2019-2024)
7.1.3 North America Graphite and Carbon Sealing Gasket Sales Forecast by Country (2025-2030)
7.2 North America Graphite and Carbon Sealing Gasket Market Size by Country
7.2.1 North America Graphite and Carbon Sealing Gasket Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Graphite and Carbon Sealing Gasket Market Size by Country (2019-2024)
7.2.3 North America Graphite and Carbon Sealing Gasket Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Graphite and Carbon Sealing Gasket Sales by Country
8.1.1 Europe Graphite and Carbon Sealing Gasket Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Graphite and Carbon Sealing Gasket Sales by Country (2019-2024)
8.1.3 Europe Graphite and Carbon Sealing Gasket Sales Forecast by Country (2025-2030)
8.2 Europe Graphite and Carbon Sealing Gasket Market Size by Country
8.2.1 Europe Graphite and Carbon Sealing Gasket Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Graphite and Carbon Sealing Gasket Market Size by Country (2019-2024)
8.2.3 Europe Graphite and Carbon Sealing Gasket Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Graphite and Carbon Sealing Gasket Sales by Country
9.1.1 Asia-Pacific Graphite and Carbon Sealing Gasket Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Graphite and Carbon Sealing Gasket Sales by Country (2019-2024)
9.1.3 Asia-Pacific Graphite and Carbon Sealing Gasket Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Graphite and Carbon Sealing Gasket Market Size by Country
9.2.1 Asia-Pacific Graphite and Carbon Sealing Gasket Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Graphite and Carbon Sealing Gasket Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Graphite and Carbon Sealing Gasket Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Graphite and Carbon Sealing Gasket Sales by Country
10.1.1 Latin America Graphite and Carbon Sealing Gasket Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Graphite and Carbon Sealing Gasket Sales by Country (2019-2024)
10.1.3 Latin America Graphite and Carbon Sealing Gasket Sales Forecast by Country (2025-2030)
10.2 Latin America Graphite and Carbon Sealing Gasket Market Size by Country
10.2.1 Latin America Graphite and Carbon Sealing Gasket Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Graphite and Carbon Sealing Gasket Market Size by Country (2019-2024)
10.2.3 Latin America Graphite and Carbon Sealing Gasket Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Graphite and Carbon Sealing Gasket Sales by Country
11.1.1 Middle East and Africa Graphite and Carbon Sealing Gasket Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Graphite and Carbon Sealing Gasket Sales by Country (2019-2024)
11.1.3 Middle East and Africa Graphite and Carbon Sealing Gasket Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Graphite and Carbon Sealing Gasket Market Size by Country
11.2.1 Middle East and Africa Graphite and Carbon Sealing Gasket Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Graphite and Carbon Sealing Gasket Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Graphite and Carbon Sealing Gasket Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Graphite and Carbon Sealing Gasket Value Chain Analysis
12.1.1 Graphite and Carbon Sealing Gasket Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Graphite and Carbon Sealing Gasket Production Mode & Process
12.2 Graphite and Carbon Sealing Gasket Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Graphite and Carbon Sealing Gasket Distributors
12.2.3 Graphite and Carbon Sealing Gasket Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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