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📦 Products used principally for rubber processing

Products used principally for rubber processing

HS Code:

📦

Overview

The 'Products used principally for rubber processing' category includes chemicals, compounds, and materials specifically designed for use in the processing and manufacturing of rubber products. This category falls under HS Code 3812, which covers prepared rubber accelerators, compound plasticizers for rubber or plastics, and anti-oxidizing preparations and other compound stabilizers for rubber or plastics. These products are critical in enhancing the durability, elasticity, and resistance of rubber materials used in industries such as automotive, construction, and consumer goods.

Total Trade Volume

USD 5.2 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.2%

Highest Rate

12.5% (applied by certain developing countries to protect domestic industries)

Lowest Rate

0% (under free trade agreements such as EU-Japan EPA)

Common Restrictions

  • Import quotas in specific markets to control supply
  • Stringent environmental regulations on chemical compositions
  • Certification requirements for safety and quality standards (e.g., REACH in the EU)

Market Trends

Shift towards eco-friendly rubber processing chemicals

Increased demand for bio-based and non-toxic accelerators and stabilizers due to environmental regulations and consumer preferences.

2021-2023

Growth in automotive industry in Asia-Pacific

Rising production of tires and rubber components in countries like China and India is driving demand for rubber processing products.

2020-2022

Technological advancements in rubber compounding

Innovations in high-performance additives are enhancing product efficiency, creating opportunities for premium-priced products.

2022

Recent Developments

EU Tightens Regulations on Rubber Chemicals

The European Union introduced stricter REACH regulations on certain rubber accelerators due to environmental and health concerns, impacting exporters to the region.

March 2023

Increased compliance costs for manufacturers and potential market entry barriers for non-compliant suppliers.

China’s Export Surge in Rubber Additives

China reported a 15% increase in exports of rubber processing chemicals, driven by competitive pricing and expanded production capacity.

June 2022

Intensified global competition, particularly affecting European and American producers.

US-China Trade Agreement Update

A new phase of trade negotiations between the US and China includes discussions on reducing tariffs on chemical products used in rubber processing.

September 2023

Potential reduction in trade barriers, fostering increased bilateral trade in this category.