Butyl acetate Prices, markets & analysis
For those looking to keep abreast of the global Butyl acetate market, our independent, unbiased pricing information, news and market analysis is an invaluable resource.
Whether you buy or sell Butyl acetate or related products, you need to know about the prices and the factors driving the prices in the global Butyl acetate 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.
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Butyl Acetate Overview Transcript
Buyl Acetate is mainly used in paint manufacturing and in the automotive industry. It is also used as glue in wood coatings and nail care, cosmetics and perfumes and as an extraction solvent for pharmaceuticals.
Buyl acetate’s key feedstocks are butanol and acetic acid
The main European producers are INEOS, OXEA, and BASF. Product can also be seen in Northwest Europe from Russia’s Eurochem and from Celanese in the US.
Producers generally agree contracts direct with the larger customers and have contracts with the distribution network to deliver to the medium and smaller buyers.
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Butyl acetate: Market overview
Updated to Q2 2015
The direction for the US butyl acetate (butac) market in Q2 is uncertain, given the delayed coatings season. Butac demand usually increases in the US at this time of year. However, a prolonged winter has delayed the paints and coatings season. As a result, butac prices have been on the decline. Q2 could see some upward price movement, as demand finally kicks in.
The outlook for the European butac market Q2 is uncertain, although demand for the product has remained flat for many months, with no expectations that it will change. While the market has faced a cumulative price hike for feedstock propylene during March and April, butac producers have only been able to pass on a fraction of this cost.
Butac spot prices in Asia are expected to be stable-to-firm in Q2 2015 on the back of improvement in demand from the downstream construction sector in key market China. Demand traditionally picks up for butac in April in China as it will be more conducive for construction projects to take place in May due to warmer temperatures during that period, market participants said.
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Butyl Acetate Methodology
About Butyl acetate
Butyl acetate is a colourless liquid with a fruity banana odour that is commonly used as a solvent in the production of lacquers, inks and adhesives. It is highly flammable and miscible with common organic solvents such as alcohols, ketones, glycols and esters.
Butyl acetate is mainly used as a solvent in the production of paints and lacquers, inks, adhesives and hardened coatings. It is used in the pharmaceutical industry as a solvent and extraction agent, and used to purify penicillin.
Other uses include cosmetics and personal care products, fragrance solvent for perfumes, cleaning and car care products.
The main process for the manufacture of butyl acetate involves the esterification of butanol and acetic acid in the presence of a catalyst such as sulphuric acid.