HS Code:
Allyl methacrylate (CAS No. 96-05-9), classified under HS subheading 2916.14.20, is an organic chemical compound used primarily as a monomer in the production of polymers and copolymers. It is widely utilized in the manufacturing of resins, coatings, adhesives, and dental materials due to its ability to form cross-linked structures. This compound falls under the category of unsaturated acrylic esters and is critical in industries requiring high-performance materials with thermal and chemical resistance.
Total Trade Volume
Approximately 12,500 metric tons
Data from 2022
Source
United Nations Comtrade Database and industry reports
4,000 metric tons
32% of total trade of total trade
Increasing
3,000 metric tons
24% of total trade of total trade
Stable
2,500 metric tons
20% of total trade of total trade
Increasing
1,800 metric tons
14% of total trade of total trade
Increasing
1,200 metric tons
10% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
8% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Growing demand in dental and medical applications
Increased production and trade due to rising use in biocompatible materials
2021-2022
Shift towards sustainable and bio-based monomers
Potential substitution threat to traditional allyl methacrylate in long term
2022
Rising industrial applications in Asia-Pacific
Significant growth in exports to China and South Korea for manufacturing
2020-2022
A leading chemical manufacturer in Japan announced the expansion of its allyl methacrylate production capacity to meet growing global demand.
March 2023
Expected to increase Japan's export share by 5-7% in the next two years
The European Union updated its REACH regulations, imposing stricter safety data requirements for allyl methacrylate imports.
January 2023
May lead to temporary delays in trade with EU countries due to compliance adjustments
A bilateral agreement reduced tariffs on chemical intermediates, including allyl methacrylate, between the US and China.
October 2022
Boosted trade volumes between the two countries by approximately 10%