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Acrylic acid-Acrylate esters: Market overview
Updated to Q4 2018
The supply is expected to remain largely stable which is sufficient. With winter approaching end of the fourth quarter, the operation rates in China might be affected by environment checks in efforts to curb pollution. Elsewhere in Asia, no planned maintenance is heard upcoming from key suppliers for the region.
In China, demand did not improve significantly in the peak season that started in September, which resulted in a more conservative expectation for demand in October. Demand for glacial acrylic acid is likely to remain supported by the superabsorbent polymer sector. Demand is expected to slow down with the start of the winter season.
Maintenance in the European market continues, and will be ongoing until the end of October. After this time, supply will increase, especially with demand softening later in the year.
Demand will fall in the fourth quarter, as coatings consumption reduces and players start to think about end-of-year inventory.
US acrylic acid supply strain will continue to ease during the typically slower fourth quarter, though sales controls from one producer were still in effect heading into the period and were likely to be extended through November following some planned maintenance by the seller.
The US acrylic acid market will continue to see softening demand as the fourth quarter gets underway, but buying interest will continue to outpace year-ago levels. Wildfires in the first half of 2018 and Hurricane Florence, which spawned flooding in states along the East Coast, will likely heighten demand early next year.
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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.