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.
Our editor gives their expert view
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 Q1 2015
The US butyl acetate (butac) market appears to have stabilised in the wake of price decreases at the end of 2013. Plummeting propylene prices forced downstream products to adjust. However, butac in the US is poised to see increases in the spring ahead of the spring paints and coatings season. Butac is used in high-end paints and coatings, and demand is often tied to the homebuilding and automotive sectors.
Demand for butac in Asia remains uncertain in the first quarter of 2015 because of the large fluctuations in the upstream markets. Weakness in crude futures would continue to weigh on the buying sentiment, with purchases likely to be restricted for immediate requirements. While more restocking activities were anticipated in China by some market sources in early February ahead of the Lunar New Year holiday, others felt the lull in demand in southeast Asia markets would persist until the end of the first quarter.
The outlook for the European market is uncertain following January price reductions on the back of lower feedstock costs. With crude oil prices volatile, purchasing is likely to remain on a hand-to-mouth basis.
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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.