Acrylic acid-Acrylate esters Prices, markets & analysis
For those looking to keep abreast of the global Acrylic acid-Acrylate esters market, our independent, unbiased pricing information, news and market analysis is an invaluable resource.
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. Our network of price reporters throughout Asia, Europe and the US provide key local insights. We collate this intelligence into daily and weekly price reports, ensuring you have the up-to-date information you need at all times.
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
The supply of acrylic acid (AA) in Asia is likely to remain limited because of several regional producers’ using it largely for their own captive usage for the production of superabsorbent polymers (SAP).
In addition, feedstock propylene prices are likely to remain stable-to-firm in the region because of several scheduled maintenance at naphtha crackers in the first quarter of 2014, resulting in expected higher production costs for AA and acrylate esters producers.
On the other hand, with Japan’s Nippon Shokubai likely to commence full operations at their Himeji facility by the end of the first quarter, supply and demand conditions in Asia are likely to remain well-balanced.
Following the €20/tonne hike in the January feedstock propylene contract, European AA and acrylate esters producers are seeking similar – or higher – hikes for the sector to regain margin.
AA production margins have been squeezed since 2012, and producers are looking to recoup costs as they deem current margins unsustainably low.
Demand is picking up compared with levels seen in December as players are restocking.
Updated to mid-Jan 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.