HS Code:
Tetrabromophthalic anhydride (TBPA), classified under HS Code 291739, is a brominated flame retardant chemical primarily used in the production of flame-retardant materials for plastics, textiles, and electronics. It is a critical component in ensuring fire safety in various industries, including automotive, construction, and consumer electronics. TBPA is valued for its high thermal stability and effectiveness in preventing combustion. However, due to environmental and health concerns related to brominated compounds, its usage is subject to stringent regulations in many regions.
Total Trade Volume
Approximately USD 150 million
Data from 2022
Source
UN Comtrade Database and ITC Trade Map
USD 60 million
40% of global trade of total trade
Increasing
USD 30 million
20% of global trade of total trade
Stable
USD 20 million
13% of global trade of total trade
Stable
USD 15 million
10% of global trade of total trade
Decreasing
USD 10 million
7% of global trade of total trade
Increasing
Average Rate
5.5% ad valorem
Highest Rate
10% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Shift towards alternative flame retardants
Decreasing demand for TBPA due to environmental concerns and regulatory restrictions on brominated compounds
2020-2022
Growth in electronics and automotive industries
Increased demand for flame-retardant materials in emerging markets, partially offsetting regulatory declines
2021-2023
Rising production costs
Higher raw material and compliance costs are pushing manufacturers to explore cost-effective substitutes
2022
The European Union has introduced stricter guidelines under REACH for the use of TBPA, requiring manufacturers to provide detailed environmental impact assessments.
March 2023
Likely to reduce TBPA imports into the EU, pushing companies to adopt non-brominated alternatives.
Several Chinese chemical manufacturers have ramped up TBPA production to meet domestic and export demand, despite global regulatory pressures.
June 2022
Increased supply from China may lower global prices but could face challenges in markets with strict environmental regulations.
Research and development efforts have accelerated for eco-friendly flame retardants, with several patents filed for non-halogenated alternatives to TBPA.
October 2022
Potential long-term decline in TBPA market share as industries shift to sustainable solutions.