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
Q2 demand for European acrylic acid (AA) and acrylate esters is typically healthier than that seen in earlier months in the year as end-use activity from the coatings and construction sectors picks up. While consumption levels have so far been higher than they were in the same period last year, a number of players said demand is still lacking the uptick that is usual in April. Momentum is expected to improve in May in the balanced market. Producers remain keen to recoup costs.
US values are expected to hold steady or weaken slightly on softer feedstocks, but improved signals from some end-market segments could improve near-term pricing, especially if the harsh winter weather dissipates, hastening an already delayed spring architectural coatings season. However, it may be June before the supply chain sees a return to typical constraints, amid a US truck and driver shortage exacerbated by factors including winter storms and increased regulations.
Asian spot prices are likely to remain stable to soft, despite several planned turnarounds, largely because of ample inventories held by end-users, and as downstream demand in the paints and coatings industry is likely to remain weak in the near term.
Updated to mid-April 2014
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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.