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 Q1 2015
The dynamics in the European acrylic acid and acrylate esters markets in 2015 are likely to show little change from 2014, but modest growth is expected from the super absorbent polymer (SAP) sector, and a determined push by producers for margin improvement. Expectations for demand are flat-to-higher by a couple of percentage points for the new year, with consumption level trends likely to largely resemble gross domestic product (GDP) moves.
The US markets are expected to face downward price pressure as raw materials continue to weaken in early 2015. After flat-to-stronger monomer pricing over the previous months, domestic prices weakened in December 2014 on softer feedstock chemical-grade propylene (CGP) values, heavily influenced by persistently weaker upstream crude oil prices, which along with CGP, were headed lower in the first weeks of the new year.
In Asia, buyers are likely to continue to be cautious in the first quarter, especially with volatility seen in the upstream crude futures and feedstock sectors. Downstream demand in the adhesives, paints and coatings industries are expected to remain largely flat due to weak global macroeconomic conditions.
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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.