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
Demand for acrylate esters has been stable, but with little evidence of renewed market strength surfacing late in the year as many US producers had hoped. That lack of momentum has led producers’ efforts to increase their prices to be broadly unsuccessful, despite some upstream pressure.
However, sources anticipate renewed buying interest early in 2014, despite still-mixed economic signals as the slow season for coatings and construction approaches. Supply is likely to remain balanced-to-long in the coming months, with propylene demand likely to soften slightly on seasonal weakness.
Feedstock cost pressure from the propylene industry is expected to put upward price pressure on the market. However, there are concerns that demand will be weak, or sporadic at best, and this is likely to temper any significant price hikes in the short term.
Price pressure continues in Europe, where demand still lags the momentum of some feedstock. At least one producer was in the midst of a turnaround.
In the Asia-Pacific region, prices were being pressured by expected balanced-to-tight supply and rising propylene values. Although some buyers still argued weak demand, at least one turnaround had been postponed.
Updated to mid-August 2013
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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.