HS Code:
Poly(divinylbenzene-co-acrylic acid) (CAS No. 9052-45-3), classified under HS subheading 3914.00.60, is a specialized polymer used primarily as an ion-exchange resin in water treatment, chemical processing, and pharmaceutical applications. This copolymer is valued for its ability to selectively bind ions and molecules, making it crucial in industrial purification processes. It falls under the broader category of ion-exchangers based on polymers of headings 3901 to 3913, in primary forms. Global trade in this category is niche but significant due to its critical role in industrial and environmental applications.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database, ITC Trade Map
$45 million USD
30% of global trade of total trade
Increasing
$30 million USD
20% of global trade of total trade
Increasing
$25 million USD
17% of global trade of total trade
Stable
$15 million USD
10% of global trade of total trade
Stable
$10 million USD
7% of global 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 water treatment solutions
Increased trade volume due to rising environmental regulations and industrialization, especially in Asia-Pacific
2021-2023
Shift toward sustainable and biodegradable polymers
Potential reduction in demand for traditional ion-exchange resins as eco-friendly alternatives gain traction
2022-2025
Technological advancements in resin production
Improved efficiency and cost reduction in manufacturing, boosting exports from major producers like the US and China
2020-2023
The European Union introduced stricter guidelines under REACH for the import of ion-exchange resins, requiring detailed chemical composition reports.
January 2023
Increased compliance costs for exporters to the EU, potentially affecting trade volumes from non-EU countries.
A new bilateral agreement reduced tariffs on certain chemical products, including ion-exchange resins, between the US and China.
March 2022
Boosted trade between the two largest players in this market, benefiting exporters in both countries.
India announced incentives for local production of ion-exchange resins under the 'Make in India' initiative to reduce import dependency.
July 2023
Potential decrease in imports while domestic supply chains are established, affecting global exporters.