▶ 調査レポート

連続真空ベルト乾燥機の世界市場見通し2023年-2029年

• 英文タイトル:Continuous Vacuum Belt Dryer Market, Global Outlook and Forecast 2023-2029

Market Monitor Globalが調査・発行した産業分析レポートです。連続真空ベルト乾燥機の世界市場見通し2023年-2029年 / Continuous Vacuum Belt Dryer Market, Global Outlook and Forecast 2023-2029 / MRC2312MG12017資料のイメージです。• レポートコード:MRC2312MG12017
• 出版社/出版日:Market Monitor Global / 2023年12月
• レポート形態:英文、PDF、73ページ
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レポート概要
当調査レポートは次の情報を含め、世界の連続真空ベルト乾燥機市場規模と予測を収録しています。・世界の連続真空ベルト乾燥機市場:売上、2018年-2023年、2024年-2029年
・世界の連続真空ベルト乾燥機市場:販売量、2018年-2023年、2024年-2029年
・世界のトップ5企業、2022年

世界の連続真空ベルト乾燥機市場は2022年に000Mドルと評価され、予測期間中に000%のCAGRで2029年までに000Mドルに達すると予測されています。米国市場は2022年に000Mドルと推定されており、中国は2029年までに000Mドルに達すると予測されています。「蒸気加熱」セグメントは今後6年間、000%のCAGRで2029年までに000Mドルに成長すると予測されています。

連続真空ベルト乾燥機のグローバル主要企業は、Sefar、 Hegatec Engineering、 DEVEX、 Cemsan、 SHINVA、 Pilotech、 SPX Flow、 Food and Biotech、 Bucher Unipektin、 Autopack Packaging Machinery、 Haichang Machineryなどです。2022年にトップ5企業がグローバル売上シェアの約000%を占めています。

MARKET MONITOR GLOBAL(MMG)は、連続真空ベルト乾燥機のメーカー、サプライヤー、流通業者、および業界の専門家を調査しました。これには、販売量、売上、需要、価格変動、製品タイプ、最近の動向と計画、産業トレンド、成長要因、課題、阻害要因、潜在的なリスクなどが含まれます。

【セグメント別市場分析】

世界の連続真空ベルト乾燥機市場:タイプ別、2018年-2023年、2024年-2029年
世界の連続真空ベルト乾燥機市場:タイプ別市場シェア、2022年
・蒸気加熱、油加熱

世界の連続真空ベルト乾燥機市場:用途別、2018年-2023年、2024年-2029年
世界の連続真空ベルト乾燥機市場:用途別市場シェア、2022年
・化学、医薬品、食品、その他

世界の連続真空ベルト乾燥機市場:地域・国別、2018年-2023年、2024年-2029年
世界の連続真空ベルト乾燥機市場:地域別市場シェア、2022年
・北米:アメリカ、カナダ、メキシコ
・ヨーロッパ:ドイツ、フランス、イギリス、イタリア、ロシア
・アジア:中国、日本、韓国、東南アジア、インド
・南米:ブラジル、アルゼンチン
・中東・アフリカ:トルコ、イスラエル、サウジアラビア、UAE

【競合分析】

また、当レポートは主要な市場参加者の分析を提供します。
・主要企業における連続真空ベルト乾燥機のグローバル売上、2018年-2023年
・主要企業における連続真空ベルト乾燥機のグローバル売上シェア、2022年
・主要企業における連続真空ベルト乾燥機のグローバル販売量、2018年-2023年
・主要企業における連続真空ベルト乾燥機のグローバル販売量シェア、2022年

さらに、当レポートは主要企業のプロファイルを提示します。
Sefar、 Hegatec Engineering、 DEVEX、 Cemsan、 SHINVA、 Pilotech、 SPX Flow、 Food and Biotech、 Bucher Unipektin、 Autopack Packaging Machinery、 Haichang Machinery

*************************************************************

・調査・分析レポートの概要
連続真空ベルト乾燥機市場の定義
市場セグメント
世界の連続真空ベルト乾燥機市場概要
当レポートの特徴・ベネフィット
調査手法と情報源

・世界の連続真空ベルト乾燥機市場規模
世界の連続真空ベルト乾燥機市場規模:2022年 VS 2029年
世界の連続真空ベルト乾燥機市場規模と予測 2018年-2029年

・競争状況
グローバルトップ企業
売上ベースでのグローバルトップ企業
企業別グローバルでの連続真空ベルト乾燥機の売上
グローバルトップ3およびトップ5企業、2022年売上ベース
グローバル企業の連続真空ベルト乾燥機製品タイプ
グローバルにおけるティア1、ティア2、ティア3企業

・タイプ別市場分析
タイプ区分:蒸気加熱、油加熱
連続真空ベルト乾燥機のタイプ別グローバル売上・予測

・用途別市場分析
用途区分:化学、医薬品、食品、その他
連続真空ベルト乾燥機の用途別グローバル売上・予測

・地域別市場分析
地域別連続真空ベルト乾燥機市場規模 2022年と2029年
地域別連続真空ベルト乾燥機売上・予測
北米市場:アメリカ、カナダ、メキシコ
ヨーロッパ市場:ドイツ、フランス、イギリス、イタリア、ロシア
アジア市場:中国、日本、韓国、東南アジア、インド
南米市場:ブラジル、アルゼンチン
中東・アフリカ市場:トルコ、イスラエル、サウジアラビア、UAE

・主要企業のプロファイル(企業概要、事業概要、主要製品、売上、ニュースなど)
Sefar、 Hegatec Engineering、 DEVEX、 Cemsan、 SHINVA、 Pilotech、 SPX Flow、 Food and Biotech、 Bucher Unipektin、 Autopack Packaging Machinery、 Haichang Machinery
...

This research report provides a comprehensive analysis of the Continuous Vacuum Belt Dryer market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Continuous Vacuum Belt Dryer market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Continuous Vacuum Belt Dryer, challenges faced by the industry, and potential opportunities for market players.
The global Continuous Vacuum Belt Dryer market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Continuous Vacuum Belt Dryer market presents opportunities for various stakeholders, including Chemical, Pharmaceuticals. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Continuous Vacuum Belt Dryer market. Additionally, the growing consumer demand present avenues for market expansion.
The global Continuous Vacuum Belt Dryer market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Key Features:
The research report on the Continuous Vacuum Belt Dryer market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Continuous Vacuum Belt Dryer market.
Market Overview: The report provides a comprehensive overview of the Continuous Vacuum Belt Dryer market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Steam Heating, Oil Heating), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Continuous Vacuum Belt Dryer market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Continuous Vacuum Belt Dryer market’s trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Continuous Vacuum Belt Dryer market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Continuous Vacuum Belt Dryer market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Continuous Vacuum Belt Dryer market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Continuous Vacuum Belt Dryer market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Continuous Vacuum Belt Dryer, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Continuous Vacuum Belt Dryer market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Continuous Vacuum Belt Dryer 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.
Market segment by Type
Steam Heating
Oil Heating
Market segment by Application
Chemical
Pharmaceuticals
Food
Others
Global Continuous Vacuum Belt Dryer Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Major players covered
Sefar
Hegatec Engineering
DEVEX
Cemsan
SHINVA
Pilotech
SPX Flow
Food and Biotech
Bucher Unipektin
Autopack Packaging Machinery
Haichang Machinery
Outline of Major Chapters:
Chapter 1: Introduces the definition of Continuous Vacuum Belt Dryer, market overview.
Chapter 2: Global Continuous Vacuum Belt Dryer market size in revenue and volume.
Chapter 3: Detailed analysis of Continuous Vacuum Belt Dryer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6: Sales of Continuous Vacuum Belt Dryer in 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 7: 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 8: Global Continuous Vacuum Belt Dryer capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

レポート目次

1 Introduction to Research & Analysis Reports
1.1 Continuous Vacuum Belt Dryer Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Continuous Vacuum Belt Dryer Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Continuous Vacuum Belt Dryer Overall Market Size
2.1 Global Continuous Vacuum Belt Dryer Market Size: 2022 VS 2029
2.2 Global Continuous Vacuum Belt Dryer Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Continuous Vacuum Belt Dryer Sales: 2018-2029
3 Company Landscape
3.1 Top Continuous Vacuum Belt Dryer Players in Global Market
3.2 Top Global Continuous Vacuum Belt Dryer Companies Ranked by Revenue
3.3 Global Continuous Vacuum Belt Dryer Revenue by Companies
3.4 Global Continuous Vacuum Belt Dryer Sales by Companies
3.5 Global Continuous Vacuum Belt Dryer Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Continuous Vacuum Belt Dryer Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Continuous Vacuum Belt Dryer Product Type
3.8 Tier 1, Tier 2 and Tier 3 Continuous Vacuum Belt Dryer Players in Global Market
3.8.1 List of Global Tier 1 Continuous Vacuum Belt Dryer Companies
3.8.2 List of Global Tier 2 and Tier 3 Continuous Vacuum Belt Dryer Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type – Global Continuous Vacuum Belt Dryer Market Size Markets, 2022 & 2029
4.1.2 Steam Heating
4.1.3 Oil Heating
4.2 By Type – Global Continuous Vacuum Belt Dryer Revenue & Forecasts
4.2.1 By Type – Global Continuous Vacuum Belt Dryer Revenue, 2018-2023
4.2.2 By Type – Global Continuous Vacuum Belt Dryer Revenue, 2024-2029
4.2.3 By Type – Global Continuous Vacuum Belt Dryer Revenue Market Share, 2018-2029
4.3 By Type – Global Continuous Vacuum Belt Dryer Sales & Forecasts
4.3.1 By Type – Global Continuous Vacuum Belt Dryer Sales, 2018-2023
4.3.2 By Type – Global Continuous Vacuum Belt Dryer Sales, 2024-2029
4.3.3 By Type – Global Continuous Vacuum Belt Dryer Sales Market Share, 2018-2029
4.4 By Type – Global Continuous Vacuum Belt Dryer Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application – Global Continuous Vacuum Belt Dryer Market Size, 2022 & 2029
5.1.2 Chemical
5.1.3 Pharmaceuticals
5.1.4 Food
5.1.5 Others
5.2 By Application – Global Continuous Vacuum Belt Dryer Revenue & Forecasts
5.2.1 By Application – Global Continuous Vacuum Belt Dryer Revenue, 2018-2023
5.2.2 By Application – Global Continuous Vacuum Belt Dryer Revenue, 2024-2029
5.2.3 By Application – Global Continuous Vacuum Belt Dryer Revenue Market Share, 2018-2029
5.3 By Application – Global Continuous Vacuum Belt Dryer Sales & Forecasts
5.3.1 By Application – Global Continuous Vacuum Belt Dryer Sales, 2018-2023
5.3.2 By Application – Global Continuous Vacuum Belt Dryer Sales, 2024-2029
5.3.3 By Application – Global Continuous Vacuum Belt Dryer Sales Market Share, 2018-2029
5.4 By Application – Global Continuous Vacuum Belt Dryer Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region – Global Continuous Vacuum Belt Dryer Market Size, 2022 & 2029
6.2 By Region – Global Continuous Vacuum Belt Dryer Revenue & Forecasts
6.2.1 By Region – Global Continuous Vacuum Belt Dryer Revenue, 2018-2023
6.2.2 By Region – Global Continuous Vacuum Belt Dryer Revenue, 2024-2029
6.2.3 By Region – Global Continuous Vacuum Belt Dryer Revenue Market Share, 2018-2029
6.3 By Region – Global Continuous Vacuum Belt Dryer Sales & Forecasts
6.3.1 By Region – Global Continuous Vacuum Belt Dryer Sales, 2018-2023
6.3.2 By Region – Global Continuous Vacuum Belt Dryer Sales, 2024-2029
6.3.3 By Region – Global Continuous Vacuum Belt Dryer Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country – North America Continuous Vacuum Belt Dryer Revenue, 2018-2029
6.4.2 By Country – North America Continuous Vacuum Belt Dryer Sales, 2018-2029
6.4.3 US Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.4.4 Canada Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.4.5 Mexico Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.5 Europe
6.5.1 By Country – Europe Continuous Vacuum Belt Dryer Revenue, 2018-2029
6.5.2 By Country – Europe Continuous Vacuum Belt Dryer Sales, 2018-2029
6.5.3 Germany Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.5.4 France Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.5.5 U.K. Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.5.6 Italy Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.5.7 Russia Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.5.8 Nordic Countries Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.5.9 Benelux Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.6 Asia
6.6.1 By Region – Asia Continuous Vacuum Belt Dryer Revenue, 2018-2029
6.6.2 By Region – Asia Continuous Vacuum Belt Dryer Sales, 2018-2029
6.6.3 China Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.6.4 Japan Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.6.5 South Korea Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.6.6 Southeast Asia Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.6.7 India Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.7 South America
6.7.1 By Country – South America Continuous Vacuum Belt Dryer Revenue, 2018-2029
6.7.2 By Country – South America Continuous Vacuum Belt Dryer Sales, 2018-2029
6.7.3 Brazil Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.7.4 Argentina Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country – Middle East & Africa Continuous Vacuum Belt Dryer Revenue, 2018-2029
6.8.2 By Country – Middle East & Africa Continuous Vacuum Belt Dryer Sales, 2018-2029
6.8.3 Turkey Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.8.4 Israel Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.8.5 Saudi Arabia Continuous Vacuum Belt Dryer Market Size, 2018-2029
6.8.6 UAE Continuous Vacuum Belt Dryer Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Sefar
7.1.1 Sefar Company Summary
7.1.2 Sefar Business Overview
7.1.3 Sefar Continuous Vacuum Belt Dryer Major Product Offerings
7.1.4 Sefar Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.1.5 Sefar Key News & Latest Developments
7.2 Hegatec Engineering
7.2.1 Hegatec Engineering Company Summary
7.2.2 Hegatec Engineering Business Overview
7.2.3 Hegatec Engineering Continuous Vacuum Belt Dryer Major Product Offerings
7.2.4 Hegatec Engineering Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.2.5 Hegatec Engineering Key News & Latest Developments
7.3 DEVEX
7.3.1 DEVEX Company Summary
7.3.2 DEVEX Business Overview
7.3.3 DEVEX Continuous Vacuum Belt Dryer Major Product Offerings
7.3.4 DEVEX Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.3.5 DEVEX Key News & Latest Developments
7.4 Cemsan
7.4.1 Cemsan Company Summary
7.4.2 Cemsan Business Overview
7.4.3 Cemsan Continuous Vacuum Belt Dryer Major Product Offerings
7.4.4 Cemsan Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.4.5 Cemsan Key News & Latest Developments
7.5 SHINVA
7.5.1 SHINVA Company Summary
7.5.2 SHINVA Business Overview
7.5.3 SHINVA Continuous Vacuum Belt Dryer Major Product Offerings
7.5.4 SHINVA Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.5.5 SHINVA Key News & Latest Developments
7.6 Pilotech
7.6.1 Pilotech Company Summary
7.6.2 Pilotech Business Overview
7.6.3 Pilotech Continuous Vacuum Belt Dryer Major Product Offerings
7.6.4 Pilotech Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.6.5 Pilotech Key News & Latest Developments
7.7 SPX Flow
7.7.1 SPX Flow Company Summary
7.7.2 SPX Flow Business Overview
7.7.3 SPX Flow Continuous Vacuum Belt Dryer Major Product Offerings
7.7.4 SPX Flow Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.7.5 SPX Flow Key News & Latest Developments
7.8 Food and Biotech
7.8.1 Food and Biotech Company Summary
7.8.2 Food and Biotech Business Overview
7.8.3 Food and Biotech Continuous Vacuum Belt Dryer Major Product Offerings
7.8.4 Food and Biotech Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.8.5 Food and Biotech Key News & Latest Developments
7.9 Bucher Unipektin
7.9.1 Bucher Unipektin Company Summary
7.9.2 Bucher Unipektin Business Overview
7.9.3 Bucher Unipektin Continuous Vacuum Belt Dryer Major Product Offerings
7.9.4 Bucher Unipektin Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.9.5 Bucher Unipektin Key News & Latest Developments
7.10 Autopack Packaging Machinery
7.10.1 Autopack Packaging Machinery Company Summary
7.10.2 Autopack Packaging Machinery Business Overview
7.10.3 Autopack Packaging Machinery Continuous Vacuum Belt Dryer Major Product Offerings
7.10.4 Autopack Packaging Machinery Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.10.5 Autopack Packaging Machinery Key News & Latest Developments
7.11 Haichang Machinery
7.11.1 Haichang Machinery Company Summary
7.11.2 Haichang Machinery Business Overview
7.11.3 Haichang Machinery Continuous Vacuum Belt Dryer Major Product Offerings
7.11.4 Haichang Machinery Continuous Vacuum Belt Dryer Sales and Revenue in Global (2018-2023)
7.11.5 Haichang Machinery Key News & Latest Developments
8 Global Continuous Vacuum Belt Dryer Production Capacity, Analysis
8.1 Global Continuous Vacuum Belt Dryer Production Capacity, 2018-2029
8.2 Continuous Vacuum Belt Dryer Production Capacity of Key Manufacturers in Global Market
8.3 Global Continuous Vacuum Belt Dryer Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Continuous Vacuum Belt Dryer Supply Chain Analysis
10.1 Continuous Vacuum Belt Dryer Industry Value Chain
10.2 Continuous Vacuum Belt Dryer Upstream Market
10.3 Continuous Vacuum Belt Dryer Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Continuous Vacuum Belt Dryer Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer