HS Code:
Poly(ammonium acryloyldimethyl taurate-co-vinyl pyrrolidone) (CAS No. 335383-60-3) is a synthetic polymer used primarily in the cosmetics and personal care industry as a thickener, stabilizer, and emulsifier. Classified under HS Code 3906.90.50, which covers other acrylic polymers in primary forms, this chemical compound is integral to formulating products such as creams, lotions, and gels due to its ability to provide texture and stability. Its trade is influenced by demand in the beauty and personal care sectors, regulatory standards for cosmetic ingredients, and advancements in polymer technology.
Total Trade Volume
Approximately $50 million USD
Data from 2022
Source
Estimated based on aggregated 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
$7 million USD
14% of total trade of total trade
Stable
$5 million USD
10% of total trade of total trade
Decreasing
Average Rate
5.5% ad valorem
Highest Rate
8% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-US trade pacts)
Rising demand for natural and sustainable cosmetic ingredients
Increased R&D investments in bio-based alternatives to synthetic polymers like Poly(ammonium acryloyldimethyl taurate-co-vinyl pyrrolidone), potentially reducing market share
2021-2023
Growth in premium skincare and personal care products
Higher demand for high-performance stabilizers and thickeners, boosting trade volume for this polymer in key markets like North America and Europe
2020-2022
Stringent regulatory frameworks in the EU and US
Manufacturers face higher compliance costs, impacting export competitiveness for smaller suppliers
2019-2023
The European Union introduced stricter guidelines under REACH for synthetic polymers used in cosmetics, requiring detailed safety and environmental impact assessments for Poly(ammonium acryloyldimethyl taurate-co-vinyl pyrrolidone).
March 2023
Increased compliance costs for exporters to the EU; potential reduction in trade volume for non-compliant suppliers.
A bilateral agreement reduced tariffs on certain chemical compounds, including acrylic polymers under HS 3906.90.50, facilitating smoother trade flows between the two countries.
January 2022
Boosted export opportunities for Chinese manufacturers to the US market, contributing to China's increasing trade volume share.
Major chemical companies in Germany and the US announced advancements in eco-friendly synthesis methods for cosmetic-grade polymers, potentially lowering production costs for this compound.
September 2022
Could enhance competitiveness of Western manufacturers and stabilize or increase their market share in the global trade landscape.