Selected research
Market Analysis & Forecast
Global Synthetic Dipentene Market Analysis and Forecast 2026-2032
Market perspective
The global Synthetic Dipentene market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Synthetic Dipentene's global sales reached XX (t) with a value of US$ XX Million, marking an change of XX% compared to the previous year. This performance has positioned Foreverest Resources Ltd. as the global sales leader, a title it has maintained for several consecutive years. Notably, Foreverest Resources Ltd.'s performance in primary markets is also remarkable. In the Chinese market, sales were XX (t), a change of XX% from the previous year. In Europe, sales were XX (t), showing a year-on-year of XX%. In the US, sales were XX (t), a year-on-year change of XX%.
The major global manufacturers in the Synthetic Dipentene market include Foreverest Resources Ltd., Jiangxi Xinsen Natural Plant Oil, Fujian Nanping Green Pine Chemical, Sunny Rosin, Mehta Oil Industries, Mangalam Organics Limited, Kunshan Odowell, IFF and Himachal Terpene Products Private Limited (HTPPL), etc. In 2025, the top three vendors accounted for approximately % of the revenue.
Read the full market overview
In terms of production side, this report researches the Synthetic Dipentene production, growth rate, market share by manufacturers and by region (region level and country level), from 2021 to 2026, and forecast to 2032.
In terms of consumption side, this report focuses on the sales of Synthetic Dipentene by region (region level and country level), by Company, by Type and by Application. from 2021 to 2026 and forecast to 2032.
This report presents an overview of global market for Synthetic Dipentene, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Synthetic Dipentene, also provides the consumption of main regions and countries. Of the upcoming market potential for Synthetic Dipentene, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Synthetic Dipentene sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Synthetic Dipentene market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Synthetic Dipentene sales, projected growth trends, production technology, application and end-user industry.
Synthetic Dipentene Segment by Company
Foreverest Resources Ltd.
Jiangxi Xinsen Natural Plant Oil
Fujian Nanping Green Pine Chemical
Sunny Rosin
Mehta Oil Industries
Mangalam Organics Limited
Kunshan Odowell
IFF
Himachal Terpene Products Private Limited (HTPPL)
Florachem Corporation
Synthetic Dipentene Segment by Type
Industrial Grade
Refined Grade
Synthetic Dipentene Segment by Application
Ink and Coating
Pharmaceutical Intermediate
Rubber Industry
Flavor and Fragrance
Others
Synthetic Dipentene Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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 Synthetic Dipentene 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 Synthetic Dipentene 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 Synthetic Dipentene.
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 report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
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: Synthetic Dipentene production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Synthetic Dipentene in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Synthetic Dipentene manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Synthetic Dipentene sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Industrial Grade
- Refined Grade
Applications
- Ink and Coating
- Pharmaceutical Intermediate
- Rubber Industry
- Flavor and Fragrance
- Others
Companies covered
- Foreverest Resources Ltd.
- Jiangxi Xinsen Natural Plant Oil
- Fujian Nanping Green Pine Chemical
- Sunny Rosin
- Mehta Oil Industries
- Mangalam Organics Limited
- Kunshan Odowell
- IFF
- Himachal Terpene Products Private Limited (HTPPL)
- Florachem Corporation
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Synthetic Dipentene Market by Type
- 1.2.1 Global Synthetic Dipentene Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Industrial Grade
- 1.2.3 Refined Grade
- 1.3 Synthetic Dipentene Market by Application
- 1.3.1 Global Synthetic Dipentene Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Ink and Coating
- 1.3.3 Pharmaceutical Intermediate
- 1.3.4 Rubber Industry
- 1.3.5 Flavor and Fragrance
- 1.3.6 Others
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Synthetic Dipentene Market Dynamics
- 2.1 Synthetic Dipentene Industry Trends
- 2.2 Synthetic Dipentene Industry Drivers
- 2.3 Synthetic Dipentene Industry Opportunities and Challenges
- 2.4 Synthetic Dipentene Industry Restraints
3 Global Synthetic Dipentene Production Overview
- 3.1 Global Synthetic Dipentene Production Capacity (2021-2032)
- 3.2 Global Synthetic Dipentene Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Synthetic Dipentene Production by Region
- 3.3.1 Global Synthetic Dipentene Production by Region (2021-2026)
- 3.3.2 Global Synthetic Dipentene Production by Region (2027-2032)
- 3.3.3 Global Synthetic Dipentene Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
4 Global Market Growth Prospects
- 4.1 Global Synthetic Dipentene Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Synthetic Dipentene Revenue by Region
- 4.2.1 Global Synthetic Dipentene Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Synthetic Dipentene Revenue by Region (2021-2026)
- 4.2.3 Global Synthetic Dipentene Revenue by Region (2027-2032)
- 4.2.4 Global Synthetic Dipentene Revenue Market Share by Region (2021-2032)
- 4.3 Global Synthetic Dipentene Sales Estimates and Forecasts 2021-2032
- 4.4 Global Synthetic Dipentene Sales by Region
- 4.4.1 Global Synthetic Dipentene Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Synthetic Dipentene Sales by Region (2021-2026)
- 4.4.3 Global Synthetic Dipentene Sales by Region (2027-2032)
- 4.4.4 Global Synthetic Dipentene Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Synthetic Dipentene Revenue by Manufacturers
- 5.1.1 Global Synthetic Dipentene Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Synthetic Dipentene Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Synthetic Dipentene Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Synthetic Dipentene Sales by Manufacturers
- 5.2.1 Global Synthetic Dipentene Sales by Manufacturers (2021-2026)
- 5.2.2 Global Synthetic Dipentene Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Synthetic Dipentene Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Synthetic Dipentene Sales Price by Manufacturers (2021-2026)
- 5.4 Global Synthetic Dipentene Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Synthetic Dipentene Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Synthetic Dipentene Manufacturers, Product Type & Application
- 5.7 Global Synthetic Dipentene Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Synthetic Dipentene Market CR5 and HHI
- 5.8.2 2025 Synthetic Dipentene Tier 1, Tier 2, and Tier 3
6 Synthetic Dipentene Market by Type
- 6.1 Global Synthetic Dipentene Revenue by Type
- 6.1.1 Global Synthetic Dipentene Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Synthetic Dipentene Revenue Market Share by Type (2021-2032)
- 6.2 Global Synthetic Dipentene Sales by Type
- 6.2.1 Global Synthetic Dipentene Sales by Type (2021-2032) & (t)
- 6.2.2 Global Synthetic Dipentene Sales Market Share by Type (2021-2032)
- 6.3 Global Synthetic Dipentene Price by Type
7 Synthetic Dipentene Market by Application
- 7.1 Global Synthetic Dipentene Revenue by Application
- 7.1.1 Global Synthetic Dipentene Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Synthetic Dipentene Revenue Market Share by Application (2021-2032)
- 7.2 Global Synthetic Dipentene Sales by Application
- 7.2.1 Global Synthetic Dipentene Sales by Application (2021-2032) & (t)
- 7.2.2 Global Synthetic Dipentene Sales Market Share by Application (2021-2032)
- 7.3 Global Synthetic Dipentene Price by Application
8 Company Profiles
- 8.1 Foreverest Resources Ltd.
- 8.1.1 Foreverest Resources Ltd. Company Information
- 8.1.2 Foreverest Resources Ltd. Business Overview
- 8.1.3 Foreverest Resources Ltd. Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 Foreverest Resources Ltd. Synthetic Dipentene Product Portfolio
- 8.1.5 Foreverest Resources Ltd. Recent Developments
- 8.2 Jiangxi Xinsen Natural Plant Oil
- 8.2.1 Jiangxi Xinsen Natural Plant Oil Company Information
- 8.2.2 Jiangxi Xinsen Natural Plant Oil Business Overview
- 8.2.3 Jiangxi Xinsen Natural Plant Oil Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 Jiangxi Xinsen Natural Plant Oil Synthetic Dipentene Product Portfolio
- 8.2.5 Jiangxi Xinsen Natural Plant Oil Recent Developments
- 8.3 Fujian Nanping Green Pine Chemical
- 8.3.1 Fujian Nanping Green Pine Chemical Company Information
- 8.3.2 Fujian Nanping Green Pine Chemical Business Overview
- 8.3.3 Fujian Nanping Green Pine Chemical Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 Fujian Nanping Green Pine Chemical Synthetic Dipentene Product Portfolio
- 8.3.5 Fujian Nanping Green Pine Chemical Recent Developments
- 8.4 Sunny Rosin
- 8.4.1 Sunny Rosin Company Information
- 8.4.2 Sunny Rosin Business Overview
- 8.4.3 Sunny Rosin Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 Sunny Rosin Synthetic Dipentene Product Portfolio
- 8.4.5 Sunny Rosin Recent Developments
- 8.5 Mehta Oil Industries
- 8.5.1 Mehta Oil Industries Company Information
- 8.5.2 Mehta Oil Industries Business Overview
- 8.5.3 Mehta Oil Industries Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 Mehta Oil Industries Synthetic Dipentene Product Portfolio
- 8.5.5 Mehta Oil Industries Recent Developments
- 8.6 Mangalam Organics Limited
- 8.6.1 Mangalam Organics Limited Company Information
- 8.6.2 Mangalam Organics Limited Business Overview
- 8.6.3 Mangalam Organics Limited Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 Mangalam Organics Limited Synthetic Dipentene Product Portfolio
- 8.6.5 Mangalam Organics Limited Recent Developments
- 8.7 Kunshan Odowell
- 8.7.1 Kunshan Odowell Company Information
- 8.7.2 Kunshan Odowell Business Overview
- 8.7.3 Kunshan Odowell Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 Kunshan Odowell Synthetic Dipentene Product Portfolio
- 8.7.5 Kunshan Odowell Recent Developments
- 8.8 IFF
- 8.8.1 IFF Company Information
- 8.8.2 IFF Business Overview
- 8.8.3 IFF Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 IFF Synthetic Dipentene Product Portfolio
- 8.8.5 IFF Recent Developments
- 8.9 Himachal Terpene Products Private Limited (HTPPL)
- 8.9.1 Himachal Terpene Products Private Limited (HTPPL) Company Information
- 8.9.2 Himachal Terpene Products Private Limited (HTPPL) Business Overview
- 8.9.3 Himachal Terpene Products Private Limited (HTPPL) Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 Himachal Terpene Products Private Limited (HTPPL) Synthetic Dipentene Product Portfolio
- 8.9.5 Himachal Terpene Products Private Limited (HTPPL) Recent Developments
- 8.10 Florachem Corporation
- 8.10.1 Florachem Corporation Company Information
- 8.10.2 Florachem Corporation Business Overview
- 8.10.3 Florachem Corporation Synthetic Dipentene Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.10.4 Florachem Corporation Synthetic Dipentene Product Portfolio
- 8.10.5 Florachem Corporation Recent Developments
9 North America
- 9.1 North America Synthetic Dipentene Market Size by Type
- 9.1.1 North America Synthetic Dipentene Revenue by Type (2021-2032)
- 9.1.2 North America Synthetic Dipentene Sales by Type (2021-2032)
- 9.1.3 North America Synthetic Dipentene Price by Type (2021-2032)
- 9.2 North America Synthetic Dipentene Market Size by Application
- 9.2.1 North America Synthetic Dipentene Revenue by Application (2021-2032)
- 9.2.2 North America Synthetic Dipentene Sales by Application (2021-2032)
- 9.2.3 North America Synthetic Dipentene Price by Application (2021-2032)
- 9.3 North America Synthetic Dipentene Market Size by Country
- 9.3.1 North America Synthetic Dipentene Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Synthetic Dipentene Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Synthetic Dipentene Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Synthetic Dipentene Market Size by Type
- 10.1.1 Europe Synthetic Dipentene Revenue by Type (2021-2032)
- 10.1.2 Europe Synthetic Dipentene Sales by Type (2021-2032)
- 10.1.3 Europe Synthetic Dipentene Price by Type (2021-2032)
- 10.2 Europe Synthetic Dipentene Market Size by Application
- 10.2.1 Europe Synthetic Dipentene Revenue by Application (2021-2032)
- 10.2.2 Europe Synthetic Dipentene Sales by Application (2021-2032)
- 10.2.3 Europe Synthetic Dipentene Price by Application (2021-2032)
- 10.3 Europe Synthetic Dipentene Market Size by Country
- 10.3.1 Europe Synthetic Dipentene Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Synthetic Dipentene Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Synthetic Dipentene Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Synthetic Dipentene Market Size by Type
- 11.1.1 China Synthetic Dipentene Revenue by Type (2021-2032)
- 11.1.2 China Synthetic Dipentene Sales by Type (2021-2032)
- 11.1.3 China Synthetic Dipentene Price by Type (2021-2032)
- 11.2 China Synthetic Dipentene Market Size by Application
- 11.2.1 China Synthetic Dipentene Revenue by Application (2021-2032)
- 11.2.2 China Synthetic Dipentene Sales by Application (2021-2032)
- 11.2.3 China Synthetic Dipentene Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Synthetic Dipentene Market Size by Type
- 12.1.1 Asia Synthetic Dipentene Revenue by Type (2021-2032)
- 12.1.2 Asia Synthetic Dipentene Sales by Type (2021-2032)
- 12.1.3 Asia Synthetic Dipentene Price by Type (2021-2032)
- 12.2 Asia Synthetic Dipentene Market Size by Application
- 12.2.1 Asia Synthetic Dipentene Revenue by Application (2021-2032)
- 12.2.2 Asia Synthetic Dipentene Sales by Application (2021-2032)
- 12.2.3 Asia Synthetic Dipentene Price by Application (2021-2032)
- 12.3 Asia Synthetic Dipentene Market Size by Country
- 12.3.1 Asia Synthetic Dipentene Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Synthetic Dipentene Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Synthetic Dipentene Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Synthetic Dipentene Market Size by Type
- 13.1.1 SAMEA Synthetic Dipentene Revenue by Type (2021-2032)
- 13.1.2 SAMEA Synthetic Dipentene Sales by Type (2021-2032)
- 13.1.3 SAMEA Synthetic Dipentene Price by Type (2021-2032)
- 13.2 SAMEA Synthetic Dipentene Market Size by Application
- 13.2.1 SAMEA Synthetic Dipentene Revenue by Application (2021-2032)
- 13.2.2 SAMEA Synthetic Dipentene Sales by Application (2021-2032)
- 13.2.3 SAMEA Synthetic Dipentene Price by Application (2021-2032)
- 13.3 SAMEA Synthetic Dipentene Market Size by Country
- 13.3.1 SAMEA Synthetic Dipentene Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Synthetic Dipentene Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Synthetic Dipentene Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Synthetic Dipentene Value Chain Analysis
- 14.1.1 Synthetic Dipentene Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Synthetic Dipentene Production Mode & Process
- 14.2 Synthetic Dipentene Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Synthetic Dipentene Distributors
- 14.2.3 Synthetic Dipentene Customers
15 Concluding Insights
16 Appendix
- 16.1 Reasons for Doing This Study
- 16.2 Research Methodology
- 16.3 Research Process
- 16.4 Authors List of This Report
- 16.5 Data Source
- 16.5.1 Secondary Sources
- 16.5.2 Primary Sources
- 16.6 Disclaimer
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