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 Q4 2014
The US acrylic acid and acrylate esters market is expected to weaken in the fourth quarter because of seasonally slower demand from the downstream coatings sector. However, feedstock chemical-grade propylene (CGP) supply had begun to tighten at the outset of the period, because of refinery and cracker outages, and is likely to pressure acrylates pricing higher during the period. Trucking constraints are also likely to continue to create distribution challenges.
Initial reaction in the European acrylate esters market to the rollover in feedstock propylene price for October is that prices will show smaller decreases than in September. The upstream rollover as well as a weaker euro versus the dollar are being cited as reasons for a slowdown in price falls. The global market is oversupplied, while demand is steady, following a seasonal pick-up in September. There is talk that demand might stay flat until late November or December.
In Asia, demand and supply are expected to remain balanced in the fourth quarter, because of an expected flat downstream demand. Chinese manufacturers will continue to look for opportunities in the export markets, as domestic demand remains tepid.
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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.