HS Code:
Dicyclopentenyloxyethyl methacrylate (often abbreviated as DCPOEMA) is a specialty chemical used primarily as a monomer in the production of polymers and resins. It is valued for its unique properties, including high reactivity, adhesion, and resistance to weathering, making it suitable for applications in coatings, adhesives, and advanced composite materials. This product falls under the broader category of acrylic and methacrylic esters in the Harmonized System (HS) Code structure, typically classified under HS Code 2916.14, which covers methacrylic acid and its esters. Global trade in such specialty monomers is driven by demand in industries like automotive, construction, and electronics.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
Estimated based on data from UN Comtrade and industry reports
$15 million USD
30% of total trade of total trade
Increasing
$10 million USD
20% of total trade of total trade
Stable
$8 million USD
16% of total trade of total trade
Increasing
$6 million USD
12% of total trade of total trade
Increasing
$5 million USD
10% of total trade of total trade
Stable
Average Rate
5.5% ad valorem
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Growing demand for high-performance coatings
Increased demand for DCPOEMA in automotive and aerospace sectors due to its durability and resistance properties
2021-2023
Shift towards sustainable materials
Pressure on manufacturers to develop bio-based or less toxic alternatives, potentially affecting DCPOEMA market share
2022-2023
Expansion of electronics industry
Rising use of DCPOEMA in adhesives and sealants for electronic components, driving export volumes from Asia
2020-2023
A leading Japanese chemical company announced the opening of a new plant dedicated to specialty methacrylates, including DCPOEMA, to meet rising global demand.
March 2023
Expected to increase Japan’s export capacity by 15%, potentially lowering global prices due to higher supply.
The European Union tightened regulations on the use of certain methacrylates under REACH, requiring additional safety documentation for DCPOEMA imports.
January 2023
May increase compliance costs for exporters to the EU, potentially reducing trade volumes in the short term.
A recent bilateral agreement reduced tariffs on specialty chemicals, including methacrylic esters, between the US and China.
October 2022
Likely to boost trade flows between the two countries, benefiting Chinese exporters and US importers.