Acrylic acid-Acrylate esters Prices, markets & analysis
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Whether you buy or sell Acrylic acid-Acrylate esters or related products, you need to know about the prices and the factors driving the prices in the global Acrylic acid-Acrylate esters market as they happen.
Acrylic Acid Acrylate Esters Transcript
Acrylic acid and esters are highly reactive and versatile chemicals that have wide-spread uses. Major markets for the esters include surface coatings, textiles, adhesives and plastics.
Polyacrylic acid or copolymers find applications in super-absorbents, detergents, dispersants and thickeners. Super-absorbent polymers (SAPs) are mainly used in disposable nappies. SAPs and detergent polymers have emerged as the fastest growing end-use accounting for nearly 40% of world glacial acrylic acid consumption.
Pricing for acrylates is generally influenced by movements in propylene, oxo-alcohols, methanol and ethanol, which of course are raw materials, as well as sentiment in the downstream segments.
Supply of acrylates is generally tight in Asia due to the fast growing needs of the downstream segments in key markets such as China, Southeast Asia and India.
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Acrylic acid-Acrylate esters: Market overview
Updated to Q2 2015
The second quarter marks the start of the peak coatings season, when demand from the paints sector typically flourishes because of warmer weather. It is also in these months that most pressure is put on acrylates availability. However, a global acrylates supply glut has largely kept Europe prices in freefall until recently. And the question is whether prices will continue to trend upwards as fundamentals firm, or whether oversupply will continue to cap gains.
North American acrylic acid and acrylate esters prices in the second quarter are expected to be steady to slightly soft, as dramatic feedstock price drops moderate. While slight declines continue to be expected in feedstock prices, acrylates demand is expected to increase for the spring coatings season and may support price stability. Acrylic acid demand from superabsorbent polymers is also expected to increase above GPD growth.
Asian acrylate esters and acrylic acid are expected to continue to track movements in the upstream propylene markets. In addition, the majority of market participants add that price trends are likely to continue to track movements in the key China markets. Several industry sources expect supply and demand in the Asian markets to remain balanced, especially given that downstream demand is expected to remain flat in the short term.
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Acrylic Acid/Acrylate Esters Methodology
About Acrylic acid-Acrylate esters
Acrylate esters are colourless liquids with acrid odours, and are traded as technical grade (99% purity). Methyl acrylate and ethyl acrylate are toxic enough to require a hazardous shipping label, while butyl acrylate and 2-ethylhexyl acrylate (2EHA) are considered safe.
Acrylate esters are used in the manufacture of surface coatings/paints and resins, adhesives and plastics, dispersions and in some cases paper.
They are readily polymerised if exposed in water, to form a latex (a dispersion of solid particles in water) such as latex paints.
An associated product is methyl methacrylate. Acrylate esters are made from the reaction of an alcohol to an acid such as acrylic acid. This process is called esterification.