HS Code:
Bis(α,α-dimethylbenzyl) peroxide, commonly known as dicumyl peroxide (CAS No. 80-43-3), falls under HS Code 2909.60.20. It is an organic peroxide used primarily as a crosslinking agent in the production of polymers and elastomers, as well as a curing agent in rubber and plastics industries. Dicumyl peroxide plays a critical role in enhancing the thermal and mechanical properties of materials. It is also utilized as an initiator in polymerization processes. Due to its reactive nature, it is subject to strict handling, storage, and transportation regulations globally.
Total Trade Volume
Approximately 25,000 metric tons
Data from 2022
Source
Estimated data from UN Comtrade and industry reports
8,000 metric tons
32% of total trade of total trade
Increasing
5,000 metric tons
20% of total trade of total trade
Stable
3,500 metric tons
14% of total trade of total trade
Increasing
2,500 metric tons
10% of total trade of total trade
Stable
2,000 metric tons
8% of total trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
10% (in certain developing markets with protective policies)
Lowest Rate
0% (under free trade agreements like EU-US or ASEAN)
Rising demand in polymer and rubber industries
Increased production and export from major manufacturing hubs like China and Germany due to growth in automotive and construction sectors
2021-2023
Shift towards sustainable alternatives
Some markets are exploring less hazardous crosslinking agents, potentially reducing long-term demand for dicumyl peroxide
2022-2023
Supply chain disruptions
Global shipping delays and raw material shortages have led to price volatility and temporary trade imbalances
2021-2022
The European Union updated its REACH regulations, imposing stricter guidelines on the handling and transportation of organic peroxides, including dicumyl peroxide.
March 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volumes in the short term.
Major Chinese chemical manufacturers announced plans to expand production facilities for organic peroxides to meet growing domestic and international demand.
July 2022
Expected to solidify China’s position as the leading exporter, potentially lowering global prices due to increased supply.
The United States revised tariffs on certain chemical imports, including organic peroxides, as part of broader trade negotiations with key partners.
January 2023
May influence sourcing decisions for US-based manufacturers, with potential shifts towards domestic production or alternative suppliers.