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.
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
Globally, the butyl acetate (butac) market has been mixed. In the US, demand has increased, largely because of the resurgent automobile sector. Demand in Asia and Europe, however, have remained somewhat flat, leading sources to indicate to ICIS that the butac market could be globally oversupplied.
Butac is mainly used as a product in paint manufacturing, automobiles, wood coatings, nail care, cosmetics and perfumes, extraction solvent for pharmaceuticals, cleaning fluids and for low-end applications like paint thinner. Butac can be substituted with methyl isobutyl ketone (MIBK).
The primary use, however, remains as a coating in the automotive sector.
The healthy US market has led many US producers to seek price increases. It is unclear whether those hikes will hold in the market, and it is also unclear if demand in the US will continue. One factor driving the market, however, is higher costs of feedstock propylene, which has seen increases over the three months to mid-August.
Moving forward, butac producers, buyers and sellers will likely keep a close eye on the US automotive sector as well as the global propylene market.
Updated to mid-August 2013
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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.