Metal Shredder Machine Global Market Report 2024

Description

“Metal Shredder Machine Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on metal shredder machine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for metal shredder machine? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The metal shredder machine market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Machine Type: Mechanical Shedder Machine; Shock Wave Shredder Machine
2) By Application: Iron And Steel; Aluminum And Copper; Non-Ferrous Metals
3) By End-Use: Automotive Industry; Construction Industry; Manufacturing Industry; Electronic Industry; Recycling Industry
Companies Mentioned: Metso Corporation; SSI Shredding Systems Inc.; UNTHA Shredding Technology GmbH; WEIMA Maschinenbau GmbH; BCA Industries Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Metal shredder machines are designed to transform various types of metal waste into manageable and transportable fragments. These machines play a crucial role in scrap yards and metal recycling operations, where they are used to reduce metal waste to a specified shape and size for sorting and further processing.

The main types of metal shredder machines include mechanical shredder machines and shock wave shredder machines. Mechanical shredder machines are used for breaking down materials for purposes such as recycling, volume reduction, and product destruction. These machines find applications in processing iron and steel, aluminum and copper, as well as other non-ferrous metals. Metal shredder machines are utilized across various industries, including the automotive industry, construction industry, manufacturing industry, electronic industry, and the recycling industry.

The metal shredder machine market research report is one of a series of new reports from The Business Research Company that provides metal shredder machine market statistics, including metal shredder machine industry global market size, regional shares, competitors with a metal shredder machine market share, detailed metal shredder machine market segments, market trends and opportunities, and any further data you may need to thrive in the metal shredder machine industry. This metal shredder machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The metal shredder machine market size has grown strongly in recent years. It will grow from $10.1 billion in 2023 to $10.67 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth observed in the historical period can be attributed to factors such as the increase in metal scrap generation, the influence of environmental regulations, the value of scrap metal, the growth in industrialization, and initiatives promoting the circular economy.

The metal shredder machine market size is expected to see steady growth in the next few years. It will grow to $12.56 billion in 2028 at a compound annual growth rate (CAGR) of 4.2%. The anticipated growth in the forecast period can be attributed to an increasing focus on sustainability, ongoing urbanization trends, the growing need for e-waste recycling, government initiatives promoting recycling, and concerns about resource scarcity. Major trends expected in this forecast period include a focus on energy efficiency and sustainability, the integration of IoT (Internet of Things) and data analytics, customization for specific metal types, adherence to regulatory compliance, and the global expansion of recycling facilities.

The anticipated surge in demand for metal recycling is set to drive the growth of the metal shredder machine market in the foreseeable future. Metal recycling involves the process of utilizing waste metal, processing it, and generating new metal. Metal shredder machines play a crucial role in the metal recycling industry by reducing the size and volume of various metal materials. For instance, GLE Scrap Metal, a US-based company focused on environmentally friendly processing and recycling of ferrous and non-ferrous metals, reported that 40% of worldwide steel production is derived from recycled steel. Moreover, approximately 42% of crude steel in the U.S. is produced from recycled materials. Hence, the increasing demand for metal recycling is a driving force behind the growth of the metal shredder machine market.

The upswing in industrial activities is expected to further boost the metal shredder machine market. Industrial activities encompass a wide range of processes involved in large-scale production, manufacturing, and processing of goods or the provision of services. Metal shredder machines are integral in efficiently processing and recycling scrap metal, reducing material volume and preparing it for subsequent downstream operations. For instance, in the United States, industrial production witnessed a 0.4% increase in August 2023, with manufacturing output rising by 0.1%. Therefore, the growth in industrial activities is poised to propel the metal shredder machine market forward.

A prominent trend in the metal shredder machine market is the focus on product innovations. Major companies operating in this market are embracing new and innovative products to maintain their competitive edge. For example, AIShred, a China-based company specializing in manufacturing and selling shredders, sorting equipment, crushers, and screening equipment for recycling and processing, introduced the GSE 3 Single Shaft Shredder in October 2022. This new generation shredder is uniquely designed with enhanced shredding capacity and improved processing effects, catering to larger production lines with greater capacity and complex materials. In addition to its reliability, the shredder offers increased durability and delivers materials of higher quality.

Major companies in the metal shredder machine market are also adopting a strategic partnership approach to offer more cost-effective solutions to their customers. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For instance, in March 2022, WENDT GmbH, a Germany-based machine industry company, formed a partnership with ILG International, a Germany-based manufacturer of shredder enclosures. The collaboration aims to address over-pressure events and extreme environments around auto shredders, ensuring maximum noise reduction, occupational safety, stability, and durability.

In October 2022, Alta Equipment Group, a US-based company providing industrial forklifts, heavy construction equipment, and warehouse solutions, acquired Ecoverse Industries for an undisclosed amount. This acquisition strengthens and expands Alta Equipment Group's product portfolio and market position in North America. Ecoverse Industries, a US-based company, specializes in the manufacturing and distribution of environmental processing equipment and high-torque shredders.

Major companies operating in the metal shredder machine market report are Metso Corporation, SSI Shredding Systems Inc., UNTHA Shredding Technology GmbH, WEIMA Maschinenbau GmbH, BCA Industries Inc., Hammermills International LLC, MOCO Maschinen- und Apparatebau GmbH & Co KG, Ecostan India Private Limited, Rapid Granulator AB, ANDRITZ Group, ECO Green Equipment LLC, Granutech-Saturn Systems, Brentwood RM Pty Ltd., Vecoplan LLC, Advance Hydrau-Tech Pvt Ltd., Shred-Tech, Zato North America Corp., ARJES - Recycling Innovation, Mackma srl, Harden Machinery Ltd., Zibo United Tech Machinery Co. Ltd., Franklin Miller Inc., West Seneca Welding, Maren Engineering Corporation, Bondtech Corp., ACS Group, Allegheny Shredders, Ameri-Shred Corp., Bano Recycling srl, CM Shredders

Asia-Pacific was the largest region in the metal shredder machine market in 2023. The regions covered in the metal shredder machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the metal shredder machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The metal shredders machine market consists of sales of single-shaft shredders, dual-shaft shredders, quad-shaft shredders, horizontal shredders, and vertical shredders. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11907

1. Executive Summary

2. Metal Shredder Machine Market Characteristics

3. Metal Shredder Machine Market Trends And Strategies

4. Metal Shredder Machine Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Metal Shredder Machine Market Size and Growth

5.1. Global Metal Shredder Machine Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Metal Shredder Machine Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Metal Shredder Machine Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Metal Shredder Machine Market Segmentation

6.1. Global Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Mechanical Shedder Machine
Shock Wave Shredder Machine
6.2. Global Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Iron And Steel
Aluminum And Copper
Non-Ferrous Metals
6.3. Global Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Automotive Industry
Construction Industry
Manufacturing Industry
Electronic Industry
Recycling Industry

7. Metal Shredder Machine Market Regional And Country Analysis

7.1. Global Metal Shredder Machine Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Metal Shredder Machine Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Metal Shredder Machine Market

8.1. Asia-Pacific Metal Shredder Machine Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Metal Shredder Machine Market

9.1. China Metal Shredder Machine Market Overview
9.2. China Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Metal Shredder Machine Market

10.1. India Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Metal Shredder Machine Market

11.1. Japan Metal Shredder Machine Market Overview
11.2. Japan Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Metal Shredder Machine Market

12.1. Australia Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Metal Shredder Machine Market

13.1. Indonesia Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Metal Shredder Machine Market

14.1. South Korea Metal Shredder Machine Market Overview
14.2. South Korea Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Metal Shredder Machine Market

15.1. Western Europe Metal Shredder Machine Market Overview
15.2. Western Europe Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Metal Shredder Machine Market

16.1. UK Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Metal Shredder Machine Market

17.1. Germany Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Metal Shredder Machine Market

18.1. France Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Metal Shredder Machine Market

19.1. Italy Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Metal Shredder Machine Market

20.1. Spain Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Metal Shredder Machine Market

21.1. Eastern Europe Metal Shredder Machine Market Overview
21.2. Eastern Europe Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Metal Shredder Machine Market

22.1. Russia Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Metal Shredder Machine Market

23.1. North America Metal Shredder Machine Market Overview
23.2. North America Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Metal Shredder Machine Market

24.1. USA Metal Shredder Machine Market Overview
24.2. USA Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Metal Shredder Machine Market

25.1. Canada Metal Shredder Machine Market Overview
25.2. Canada Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Metal Shredder Machine Market

26.1. South America Metal Shredder Machine Market Overview
26.2. South America Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Metal Shredder Machine Market

27.1. Brazil Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Metal Shredder Machine Market

28.1. Middle East Metal Shredder Machine Market Overview
28.2. Middle East Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Metal Shredder Machine Market

29.1. Africa Metal Shredder Machine Market Overview
29.2. Africa Metal Shredder Machine Market, Segmentation By Machine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Metal Shredder Machine Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Metal Shredder Machine Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Metal Shredder Machine Market Competitive Landscape And Company Profiles

30.1. Metal Shredder Machine Market Competitive Landscape
30.2. Metal Shredder Machine Market Company Profiles
- 30.2.1. Metso Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. SSI Shredding Systems Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. UNTHA Shredding Technology GmbH
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. WEIMA Maschinenbau GmbH
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. BCA Industries Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Metal Shredder Machine Market Competitive Benchmarking

32. Global Metal Shredder Machine Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Metal Shredder Machine Market

34. Metal Shredder Machine Market Future Outlook and Potential Analysis

34.1 Metal Shredder Machine Market In 2028 - Countries Offering Most New Opportunities
34.2 Metal Shredder Machine Market In 2028 - Segments Offering Most New Opportunities
34.3 Metal Shredder Machine Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer