About HS Code 291413
Methyl Isobutyl Ketone (MIBK) is a crucial industrial solvent and chemical intermediate, extensively traded globally. It's primarily moved in bulk for its applications in coatings, adhesives, pharmaceuticals, and rubber chemicals. Major chemical manufacturers and distributors are the primary exporters, while industries requiring high-purity solvents for manufacturing processes are the main importers. Key aspects for traders include its volatility and flammability, necessitating specific handling and transport regulations. Its demand is often tied to the automotive, construction, and pharmaceutical sectors. Traders need to be aware of regional environmental regulations concerning VOC emissions, as MIBK is a volatile organic compound. The global market for MIBK is influenced by crude oil prices (as a petrochemical derivative) and the growth of end-use industries, particularly in developing economies where industrialization drives demand for solvents and chemical intermediates. Its role in extracting rare metals also adds to its strategic importance in certain supply chains.
Products Under This Code
Methyl Isobutyl Ketone (MIBK), 4-Methylpentan-2-one, Hexone, Isopropylacetone, MIBK solvent grade
Real World Examples
Dow MIBK, Shell MIBK, Eastman MIBK, Arkema MIBK
Common Misclassification
This code can be confused with other acyclic ketones under 291419, especially if the specific isomer isn't clearly identified, or with other solvents like acetone (291411) due to similar applications.
Products Classified Under 2914.13
Industry
This code belongs to the Chemicals industry.
Trade Overview
China, the USA, and Germany are significant producers and consumers, with substantial trade flows to Southeast Asia and Europe.
Frequently Asked Questions
What is HS code 291413?
HS code 291413 covers: Ketones; acyclic, without other oxygen function, 4-methylpentan-2-one (methyl isobutyl ketone). Methyl Isobutyl Ketone (MIBK) is a crucial industrial solvent and chemical intermediate, extensively traded globally. It's primarily moved in bulk for its applications in coatings, adhesives, pharmaceuticals, and rubber chemicals. Major chemical manufacturers and distributors are the primary exporters, while industries requiring high-purity solvents for manufacturing processes are the main importers. Key aspects for traders include its volatility and flammability, necessitating specific handling and transport regulations. Its demand is often tied to the automotive, construction, and pharmaceutical sectors. Traders need to be aware of regional environmental regulations concerning VOC emissions, as MIBK is a volatile organic compound. The global market for MIBK is influenced by crude oil prices (as a petrochemical derivative) and the growth of end-use industries, particularly in developing economies where industrialization drives demand for solvents and chemical intermediates. Its role in extracting rare metals also adds to its strategic importance in certain supply chains.
What products fall under HS code 291413?
Methyl Isobutyl Ketone (MIBK), 4-Methylpentan-2-one, Hexone, Isopropylacetone, MIBK solvent grade
What are common misclassifications for HS code 291413?
This code can be confused with other acyclic ketones under 291419, especially if the specific isomer isn't clearly identified, or with other solvents like acetone (291411) due to similar applications.
How is HS code 291413 structured?
HS code 291413 is a 6-digit subheading under the Harmonized System. The first 2 digits (29) identify the chapter, digits 3-4 (14) identify the heading, and digits 5-6 (13) specify the subheading. This code is standardized globally by the World Customs Organization.