HS Code:
Poly[(dimethyl butanedioate-co-1-(2-hydroxyethyl)-2,2,6,6-tetramethylpiperidin-4-ol)] (CAS No. 65447-77-0) falls under HS subheading 3907.99.50, which covers other polyesters in primary forms. This chemical compound is a specialized polymeric material often used as a light stabilizer or UV absorber in plastics, coatings, and other industrial applications to prevent degradation from exposure to ultraviolet light. It is part of the broader category of polyesters used in manufacturing processes for enhancing material durability. The global trade of such specialized chemicals is driven by demand in industries like automotive, packaging, and construction.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
Derived from UN Comtrade data and industry reports
$45 million USD
30% of total trade of total trade
Increasing
$30 million USD
20% of total trade of total trade
Stable
$25 million USD
17% of total trade of total trade
Increasing
$20 million USD
13% of total trade of total trade
Stable
$15 million USD
10% of total trade of total trade
Increasing
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 UV stabilizers in automotive and packaging industries
Increased production and export from major manufacturing hubs like China and Germany, driving trade volume growth by 8% annually
2021-2022
Shift towards sustainable and bio-based polymers
Potential reduction in demand for traditional synthetic stabilizers, prompting innovation in eco-friendly alternatives
2022-2023
Rising regulatory scrutiny on chemical additives
Stricter compliance requirements in markets like the EU, increasing production costs and affecting trade competitiveness
2020-2022
The European Union has introduced stricter guidelines under REACH for the use of chemical stabilizers in plastics, requiring detailed safety data sheets and environmental impact assessments.
June 2023
Increased compliance costs for exporters to the EU, potentially reducing trade volume from non-compliant manufacturers
Major Chinese chemical manufacturers have announced investments in new production facilities to meet growing domestic and international demand for UV stabilizers like Poly[(dimethyl butanedioate-co-1-(2-hydroxyethyl)-2,2,6,6-tetramethylpiperidin-4-ol)].
March 2023
Likely to solidify China's position as the leading exporter, potentially lowering global prices due to increased supply
The United States has levied anti-dumping duties on polyester-based chemicals from specific countries to protect domestic manufacturers from unfairly priced imports.
September 2022
May redirect trade flows, with affected exporters seeking alternative markets like Southeast Asia or Latin America