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Industry Research
Industrial Coating Services Industry Research Report 2026
Market perspective
The global Industrial Coating Services market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Industrial Coating Services market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Industrial Coating Services market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Industrial Coating Services market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Industrial Coating Services include Hofmann Industries, Inc, Specialty Coating Systems, Scapa Healthcare, Union Tank Car Co, MPP, SC2, Carestream Health, Inc, Oerlikon Metco and BrandSafway, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Industrial Coating Services market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Industrial Coating Services.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Industrial Coating Services Market by Company
Hofmann Industries, Inc
Specialty Coating Systems
Scapa Healthcare
Union Tank Car Co
MPP
SC2
Carestream Health, Inc
Oerlikon Metco
BrandSafway
K2 Industrial Services
Flabeg Technical Glass
Curtiss-Wright Surface Technologies
ZETWERK Manufacturing USA Inc
Fisher Barton
Shawmut Corporation
Star Cutter Company
Penn United Technologies, Inc
Technetics Group
Zygo Corporation
Techmetals, Inc
Concurrent Technologies Corporation
Farris Group
Valmont Coatings, a Division of Valmont Industries
Springco Metal Coatings
Industrial Electroplating Co., Inc
Imagineering Finishing Technologies
HPL Stampings, Inc
Matenaer Corporation
Electro-Spec, Inc
CLS Fabrication, Inc
Industrial Coating Services Segment by Type
Spraying
Dip Coating
Others
Industrial Coating Services Segment by Application
Metallurgical Industry
Mechanical Engineering
Other
Industrial Coating Services Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
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 Industrial Coating Services 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 Industrial Coating Services 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 Industrial Coating Services.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, 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 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Industrial Coating Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Spraying
- Dip Coating
- Others
Applications
- Metallurgical Industry
- Mechanical Engineering
- Other
Companies covered
- Hofmann Industries, Inc
- Specialty Coating Systems
- Scapa Healthcare
- Union Tank Car Co
- MPP
- SC2
- Carestream Health, Inc
- Oerlikon Metco
- BrandSafway
- K2 Industrial Services
- Flabeg Technical Glass
- Curtiss-Wright Surface Technologies
- ZETWERK Manufacturing USA Inc
- Fisher Barton
- Shawmut Corporation
- Star Cutter Company
- Penn United Technologies, Inc
- Technetics Group
- Zygo Corporation
- Techmetals, Inc
- Concurrent Technologies Corporation
- Farris Group
- Valmont Coatings, a Division of Valmont Industries
- Springco Metal Coatings
- Industrial Electroplating Co., Inc
- Imagineering Finishing Technologies
- HPL Stampings, Inc
- Matenaer Corporation
- Electro-Spec, Inc
- CLS Fabrication, Inc
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Industrial Coating Services by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Spraying
- 2.2.3 Dip Coating
- 2.2.4 Others
- 2.3 Industrial Coating Services by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Metallurgical Industry
- 2.3.3 Mechanical Engineering
- 2.3.4 Other
- 2.4 Assumptions and Limitations
3 Industrial Coating Services Breakdown Data by Type
- 3.1 Global Industrial Coating Services Historic Market Size by Type (2021-2026)
- 3.2 Global Industrial Coating Services Forecasted Market Size by Type (2027-2032)
4 Industrial Coating Services Breakdown Data by Application
- 4.1 Global Industrial Coating Services Historic Market Size by Application (2021-2026)
- 4.2 Global Industrial Coating Services Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Industrial Coating Services Market Perspective (2021-2032)
- 5.2 Global Industrial Coating Services Growth Trends by Region
- 5.2.1 Global Industrial Coating Services Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Industrial Coating Services Historic Market Size by Region (2021-2026)
- 5.2.3 Industrial Coating Services Forecasted Market Size by Region (2027-2032)
- 5.3 Industrial Coating Services Market Dynamics
- 5.3.1 Industrial Coating Services Industry Trends
- 5.3.2 Industrial Coating Services Market Drivers
- 5.3.3 Industrial Coating Services Market Challenges
- 5.3.4 Industrial Coating Services Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Industrial Coating Services Players by Revenue
- 6.1.1 Global Top Industrial Coating Services Players by Revenue (2021-2026)
- 6.1.2 Global Industrial Coating Services Revenue Market Share by Players (2021-2026)
- 6.2 Global Industrial Coating Services Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Industrial Coating Services Head Office and Area Served
- 6.4 Global Industrial Coating Services Players, Product Type & Application
- 6.5 Global Industrial Coating Services Manufacturers Established Date
- 6.6 Global Industrial Coating Services Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Industrial Coating Services Market Size (2021-2032)
- 7.2 North America Industrial Coating Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Industrial Coating Services Market Size by Country (2021-2026)
- 7.4 North America Industrial Coating Services Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Industrial Coating Services Market Size (2021-2032)
- 8.2 Europe Industrial Coating Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Industrial Coating Services Market Size by Country (2021-2026)
- 8.4 Europe Industrial Coating Services Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Industrial Coating Services Market Size (2021-2032)
- 9.2 Asia-Pacific Industrial Coating Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Industrial Coating Services Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Industrial Coating Services Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Industrial Coating Services Market Size (2021-2032)
- 10.2 South America Industrial Coating Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Industrial Coating Services Market Size by Country (2021-2026)
- 10.4 South America Industrial Coating Services Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Industrial Coating Services Market Size (2021-2032)
- 11.2 Middle East & Africa Industrial Coating Services Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Industrial Coating Services Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Industrial Coating Services Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Hofmann Industries, Inc
- 12.1.1 Hofmann Industries, Inc Company Information
- 12.1.2 Hofmann Industries, Inc Business Overview
- 12.1.3 Hofmann Industries, Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.1.4 Hofmann Industries, Inc Industrial Coating Services Product Portfolio
- 12.1.5 Hofmann Industries, Inc Recent Developments
- 12.2 Specialty Coating Systems
- 12.2.1 Specialty Coating Systems Company Information
- 12.2.2 Specialty Coating Systems Business Overview
- 12.2.3 Specialty Coating Systems Revenue in Industrial Coating Services Business (2021-2026)
- 12.2.4 Specialty Coating Systems Industrial Coating Services Product Portfolio
- 12.2.5 Specialty Coating Systems Recent Developments
- 12.3 Scapa Healthcare
- 12.3.1 Scapa Healthcare Company Information
- 12.3.2 Scapa Healthcare Business Overview
- 12.3.3 Scapa Healthcare Revenue in Industrial Coating Services Business (2021-2026)
- 12.3.4 Scapa Healthcare Industrial Coating Services Product Portfolio
- 12.3.5 Scapa Healthcare Recent Developments
- 12.4 Union Tank Car Co
- 12.4.1 Union Tank Car Co Company Information
- 12.4.2 Union Tank Car Co Business Overview
- 12.4.3 Union Tank Car Co Revenue in Industrial Coating Services Business (2021-2026)
- 12.4.4 Union Tank Car Co Industrial Coating Services Product Portfolio
- 12.4.5 Union Tank Car Co Recent Developments
- 12.5 MPP
- 12.5.1 MPP Company Information
- 12.5.2 MPP Business Overview
- 12.5.3 MPP Revenue in Industrial Coating Services Business (2021-2026)
- 12.5.4 MPP Industrial Coating Services Product Portfolio
- 12.5.5 MPP Recent Developments
- 12.6 SC2
- 12.6.1 SC2 Company Information
- 12.6.2 SC2 Business Overview
- 12.6.3 SC2 Revenue in Industrial Coating Services Business (2021-2026)
- 12.6.4 SC2 Industrial Coating Services Product Portfolio
- 12.6.5 SC2 Recent Developments
- 12.7 Carestream Health, Inc
- 12.7.1 Carestream Health, Inc Company Information
- 12.7.2 Carestream Health, Inc Business Overview
- 12.7.3 Carestream Health, Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.7.4 Carestream Health, Inc Industrial Coating Services Product Portfolio
- 12.7.5 Carestream Health, Inc Recent Developments
- 12.8 Oerlikon Metco
- 12.8.1 Oerlikon Metco Company Information
- 12.8.2 Oerlikon Metco Business Overview
- 12.8.3 Oerlikon Metco Revenue in Industrial Coating Services Business (2021-2026)
- 12.8.4 Oerlikon Metco Industrial Coating Services Product Portfolio
- 12.8.5 Oerlikon Metco Recent Developments
- 12.9 BrandSafway
- 12.9.1 BrandSafway Company Information
- 12.9.2 BrandSafway Business Overview
- 12.9.3 BrandSafway Revenue in Industrial Coating Services Business (2021-2026)
- 12.9.4 BrandSafway Industrial Coating Services Product Portfolio
- 12.9.5 BrandSafway Recent Developments
- 12.10 K2 Industrial Services
- 12.10.1 K2 Industrial Services Company Information
- 12.10.2 K2 Industrial Services Business Overview
- 12.10.3 K2 Industrial Services Revenue in Industrial Coating Services Business (2021-2026)
- 12.10.4 K2 Industrial Services Industrial Coating Services Product Portfolio
- 12.10.5 K2 Industrial Services Recent Developments
- 12.11 Flabeg Technical Glass
- 12.11.1 Flabeg Technical Glass Company Information
- 12.11.2 Flabeg Technical Glass Business Overview
- 12.11.3 Flabeg Technical Glass Revenue in Industrial Coating Services Business (2021-2026)
- 12.11.4 Flabeg Technical Glass Industrial Coating Services Product Portfolio
- 12.11.5 Flabeg Technical Glass Recent Developments
- 12.12 Curtiss-Wright Surface Technologies
- 12.12.1 Curtiss-Wright Surface Technologies Company Information
- 12.12.2 Curtiss-Wright Surface Technologies Business Overview
- 12.12.3 Curtiss-Wright Surface Technologies Revenue in Industrial Coating Services Business (2021-2026)
- 12.12.4 Curtiss-Wright Surface Technologies Industrial Coating Services Product Portfolio
- 12.12.5 Curtiss-Wright Surface Technologies Recent Developments
- 12.13 ZETWERK Manufacturing USA Inc
- 12.13.1 ZETWERK Manufacturing USA Inc Company Information
- 12.13.2 ZETWERK Manufacturing USA Inc Business Overview
- 12.13.3 ZETWERK Manufacturing USA Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.13.4 ZETWERK Manufacturing USA Inc Industrial Coating Services Product Portfolio
- 12.13.5 ZETWERK Manufacturing USA Inc Recent Developments
- 12.14 Fisher Barton
- 12.14.1 Fisher Barton Company Information
- 12.14.2 Fisher Barton Business Overview
- 12.14.3 Fisher Barton Revenue in Industrial Coating Services Business (2021-2026)
- 12.14.4 Fisher Barton Industrial Coating Services Product Portfolio
- 12.14.5 Fisher Barton Recent Developments
- 12.15 Shawmut Corporation
- 12.15.1 Shawmut Corporation Company Information
- 12.15.2 Shawmut Corporation Business Overview
- 12.15.3 Shawmut Corporation Revenue in Industrial Coating Services Business (2021-2026)
- 12.15.4 Shawmut Corporation Industrial Coating Services Product Portfolio
- 12.15.5 Shawmut Corporation Recent Developments
- 12.16 Star Cutter Company
- 12.16.1 Star Cutter Company Company Information
- 12.16.2 Star Cutter Company Business Overview
- 12.16.3 Star Cutter Company Revenue in Industrial Coating Services Business (2021-2026)
- 12.16.4 Star Cutter Company Industrial Coating Services Product Portfolio
- 12.16.5 Star Cutter Company Recent Developments
- 12.17 Penn United Technologies, Inc
- 12.17.1 Penn United Technologies, Inc Company Information
- 12.17.2 Penn United Technologies, Inc Business Overview
- 12.17.3 Penn United Technologies, Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.17.4 Penn United Technologies, Inc Industrial Coating Services Product Portfolio
- 12.17.5 Penn United Technologies, Inc Recent Developments
- 12.18 Technetics Group
- 12.18.1 Technetics Group Company Information
- 12.18.2 Technetics Group Business Overview
- 12.18.3 Technetics Group Revenue in Industrial Coating Services Business (2021-2026)
- 12.18.4 Technetics Group Industrial Coating Services Product Portfolio
- 12.18.5 Technetics Group Recent Developments
- 12.19 Zygo Corporation
- 12.19.1 Zygo Corporation Company Information
- 12.19.2 Zygo Corporation Business Overview
- 12.19.3 Zygo Corporation Revenue in Industrial Coating Services Business (2021-2026)
- 12.19.4 Zygo Corporation Industrial Coating Services Product Portfolio
- 12.19.5 Zygo Corporation Recent Developments
- 12.20 Techmetals, Inc
- 12.20.1 Techmetals, Inc Company Information
- 12.20.2 Techmetals, Inc Business Overview
- 12.20.3 Techmetals, Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.20.4 Techmetals, Inc Industrial Coating Services Product Portfolio
- 12.20.5 Techmetals, Inc Recent Developments
- 12.21 Concurrent Technologies Corporation
- 12.21.1 Concurrent Technologies Corporation Company Information
- 12.21.2 Concurrent Technologies Corporation Business Overview
- 12.21.3 Concurrent Technologies Corporation Revenue in Industrial Coating Services Business (2021-2026)
- 12.21.4 Concurrent Technologies Corporation Industrial Coating Services Product Portfolio
- 12.21.5 Concurrent Technologies Corporation Recent Developments
- 12.22 Farris Group
- 12.22.1 Farris Group Company Information
- 12.22.2 Farris Group Business Overview
- 12.22.3 Farris Group Revenue in Industrial Coating Services Business (2021-2026)
- 12.22.4 Farris Group Industrial Coating Services Product Portfolio
- 12.22.5 Farris Group Recent Developments
- 12.23 Valmont Coatings, a Division of Valmont Industries
- 12.23.1 Valmont Coatings, a Division of Valmont Industries Company Information
- 12.23.2 Valmont Coatings, a Division of Valmont Industries Business Overview
- 12.23.3 Valmont Coatings, a Division of Valmont Industries Revenue in Industrial Coating Services Business (2021-2026)
- 12.23.4 Valmont Coatings, a Division of Valmont Industries Industrial Coating Services Product Portfolio
- 12.23.5 Valmont Coatings, a Division of Valmont Industries Recent Developments
- 12.24 Springco Metal Coatings
- 12.24.1 Springco Metal Coatings Company Information
- 12.24.2 Springco Metal Coatings Business Overview
- 12.24.3 Springco Metal Coatings Revenue in Industrial Coating Services Business (2021-2026)
- 12.24.4 Springco Metal Coatings Industrial Coating Services Product Portfolio
- 12.24.5 Springco Metal Coatings Recent Developments
- 12.25 Industrial Electroplating Co., Inc
- 12.25.1 Industrial Electroplating Co., Inc Company Information
- 12.25.2 Industrial Electroplating Co., Inc Business Overview
- 12.25.3 Industrial Electroplating Co., Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.25.4 Industrial Electroplating Co., Inc Industrial Coating Services Product Portfolio
- 12.25.5 Industrial Electroplating Co., Inc Recent Developments
- 12.26 Imagineering Finishing Technologies
- 12.26.1 Imagineering Finishing Technologies Company Information
- 12.26.2 Imagineering Finishing Technologies Business Overview
- 12.26.3 Imagineering Finishing Technologies Revenue in Industrial Coating Services Business (2021-2026)
- 12.26.4 Imagineering Finishing Technologies Industrial Coating Services Product Portfolio
- 12.26.5 Imagineering Finishing Technologies Recent Developments
- 12.27 HPL Stampings, Inc
- 12.27.1 HPL Stampings, Inc Company Information
- 12.27.2 HPL Stampings, Inc Business Overview
- 12.27.3 HPL Stampings, Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.27.4 HPL Stampings, Inc Industrial Coating Services Product Portfolio
- 12.27.5 HPL Stampings, Inc Recent Developments
- 12.28 Matenaer Corporation
- 12.28.1 Matenaer Corporation Company Information
- 12.28.2 Matenaer Corporation Business Overview
- 12.28.3 Matenaer Corporation Revenue in Industrial Coating Services Business (2021-2026)
- 12.28.4 Matenaer Corporation Industrial Coating Services Product Portfolio
- 12.28.5 Matenaer Corporation Recent Developments
- 12.29 Electro-Spec, Inc
- 12.29.1 Electro-Spec, Inc Company Information
- 12.29.2 Electro-Spec, Inc Business Overview
- 12.29.3 Electro-Spec, Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.29.4 Electro-Spec, Inc Industrial Coating Services Product Portfolio
- 12.29.5 Electro-Spec, Inc Recent Developments
- 12.30 CLS Fabrication, Inc
- 12.30.1 CLS Fabrication, Inc Company Information
- 12.30.2 CLS Fabrication, Inc Business Overview
- 12.30.3 CLS Fabrication, Inc Revenue in Industrial Coating Services Business (2021-2026)
- 12.30.4 CLS Fabrication, Inc Industrial Coating Services Product Portfolio
- 12.30.5 CLS Fabrication, Inc Recent Developments
13 Report Conclusion
14 Disclaimer
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