HS Code:
Vinyl acetate-vinyl chloride-ethylene terpolymers, containing by weight less than 50 percent derivatives of vinyl acetate, except those polymerized from aromatic or modified aromatic monomers (HS Code: 390529), are specialized copolymers used primarily in the production of adhesives, coatings, and films. These terpolymers combine the properties of vinyl acetate (flexibility and adhesion), vinyl chloride (durability and chemical resistance), and ethylene (flexibility and toughness), making them suitable for industrial applications such as packaging, construction, and automotive sectors. They are valued for their versatility in formulations requiring specific performance characteristics.
Total Trade Volume
USD 250 million
Data from 2022
Source
United Nations Comtrade Database
USD 60 million
24% of total trade of total trade
Increasing
USD 50 million
20% of total trade of total trade
Stable
USD 40 million
16% of total trade of total trade
Increasing
USD 30 million
12% of total trade of total trade
Stable
USD 20 million
8% of total trade of total trade
Increasing
Average Rate
5.2%
Highest Rate
10% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Growing demand in sustainable packaging solutions
Increased use of terpolymers in eco-friendly adhesives and films due to regulatory push for recyclable materials
2021-2022
Technological advancements in polymerization techniques
Enhanced product performance leading to wider application in automotive and construction sectors
2020-2022
Rising raw material costs
Higher production costs impacting profit margins and export competitiveness
2022
The European Union introduced stricter environmental regulations under the Green Deal, mandating lower carbon footprints for polymer production, including vinyl acetate-vinyl chloride-ethylene terpolymers.
January 2023
Increased compliance costs for exporters to the EU but potential long-term benefits from sustainable production practices.
A new phase of the US-China trade agreement reduced tariffs on specific chemical products, including certain terpolymers, to promote bilateral trade.
March 2023
Boosted export volumes from China to the US, potentially shifting market dynamics in North America.
A major chemical manufacturer in Germany announced the development of partially bio-based vinyl acetate-ethylene terpolymers, aligning with sustainability trends.
June 2023
Likely to attract environmentally conscious buyers and influence market preferences in the coming years.