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Butyl Acrylate Price Trend

Procurement Resource provides latest prices of Butyl Acrylate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Butyl Acrylate Regional Price Trend

Get the latest insights on price movement and trend analysis of Butyl Acrylate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Butyl Acrylate Price Trend for the Second Quarter of 2022


Asia

As the major Asian economies had divergent market emotions for butyl acrylate in Q2 2022, the Asian market as a whole displayed conflicting sentiments. After the pandemic restrictions were lifted China tried to return to normalcy, however the factories were not working at optimum rates. Due to the nation's zero covid policy, manufacturers in the country were always threatened by the possibility of a fresh wave of new cases, which had the potential to trigger new restrictions.

The price trends for butyl acrylate fell in the last month of the quarter after climbing for the previous two. The price of butyl acrylate was roughly 2210 USD/MT in the first week of May in China. On the other hand, the price dropped in June as a result of a lacklustre domestic and specialised customer demand.

Europe

Despite the ongoing war situation in the market, butyl acrylate prices increased throughout the quarter across the European market due to stable fundamentals in downstream sectors' demand. Because of growing feedstock values and inflationary pressure brought on by rising natural gas costs, butyl acrylate prices increased on the domestic market.

On the supply front, the German market saw constrained supplies as producers were under pressure due to decreased production rates and rising upstream prices. Furthermore, butyl acrylate prices increased in the European market due to high freight costs and ongoing logistical difficulties. The average price for butyl acrylate in April was estimated to be USD 3228 USD/MT FD Hamburg.

North America

The Butyl acrylate market was under constant inflationary pressure during the quarter as producers had to adjust their product prices to maintain profit margins. The Russo-Ukrainian war increased the upstream costs which had an impact on the pricing of several commodities on the US market, including butyl acrylate.

After the conflict intensified, a significant shift in demand for natural gas from Europe was seen, shifting from Russia to the USA. This led to a sharp increase in the price of gas on the domestic market. High natural gas prices put downstream consumers under inflationary pressure and unease throughout the market.

Analyst Insight

According to Procurement Resource, the market for butyl acrylate will remain sluggish in the upcoming quarter. With stagnant buying sentiments fueled by the speculations of global recession and pandemic-related supply disruptions in the industrial powerhouse China, acrylates prices are affected worldwide. Moreover, the low consumption levels from the electrical and paint/adhesives sector further affect the pricing patterns.

Butyl Acrylate Price Trend For the First Quarter of 2022


Asia

Butyl Acrylate saw a rise this year after seeing a steady fall in pricing during Q4 2021. The general price dynamics for the commodity across regional markets were supported by economic recovery and stable to firm offtakes. However, the conflict between Russia and Ukraine pushed up the price of upstream crude oil, affecting the cost of the feedstock acrylic acid in the region. However, in China, lunar holidays combined with the Beijing Olympics contributed to a sharp increase in the price of a variety of goods, including butyl acrylate, in the local market. Butyl acrylate prices in India in February 2022 were roughly USD 2234/MT.

Europe

The European market is principally impacted by the Russia-Ukraine conflict, which has caused significant disruptions across the area as a result of the abrupt escalation of the war situation. The expected rise in natural gas prices, along with the rising price of crude oil, created uncertainty in the worldwide market, shaking market fundamentals for regional purchasers.

Due to their reliance on Russian natural gas, several German manufacturers have been heard opting for an energy surcharge, encouraging dealers to adjust their offerings on a regular basis. Furthermore, due to a persistent rise in crude oil value amidst disrupted trade activity along the Black Sea, the price of feedstock acrylic acid increased dramatically across the regional market. However, the price of the monomer in the European market remained stable during the quarter.

North America

Despite the pressure from global concerns, butyl acrylate prices in the US market continued to rise during the quarter. The product's demand fundamentals remained stable, but improved economies and rising input costs pushed price revisions in the North American market. Furthermore, since WTI and Brent crude oil prices surged dramatically during this quarter, tensions between Russia and Ukraine remained a key factor in the sharp rise in prices of feedstock acrylic acid in the US market. According to the estimates, butyl acrylate prices in February hovered at 2355 USD/MT, which was still 8% lower than October pricing.

For the Fourth Quarter of 2021


Asia

Due to poor offtakes from the domestic market, the whole acrylic acid market in China was boring throughout this fourth quarter. Production restrictions imposed to decrease emissions already lowered downstream consumer demand, influencing the price trend of acrylic acid and its derivative chemicals, notably butyl acrylate. Meanwhile, despite varying raw material costs, pricing in the Indian market remained low during this quarter. Due to low demand during the holiday season, dealers were heard modifying their offers in order to maintain offtakes, while raw materials were also following the declining demand trend. However, as a result of the Omicron threat, raw material prices have begun to rise. Finally, in November, the price of the monomer hovered about USD 2502/MT after a steady fall.

Europe

Throughout the fourth quarter, the European market remained stable in terms of product price movement. During October and November, an exponential rise in energy costs kept raw material prices high, but demand fundamentals varied in a small to steady range. Long-term buoyancy was noted for butyl acrylate throughout this era, according to the research, owing to continuously shifting raw material costs in key European nations such as Germany, the Netherlands, and Russia. Despite the fact that butyl acrylate prices continued to fall during the quarter, prices in Germany remained extremely high in November, at USD 1825/MT.

North America

Butyl Acrylate market dynamics revealed conflicting feelings in the North American market, while demand fundamentals in the domestic market remained constant to solid. Raw material costs also fluctuated, whereas n-Butanol prices remained stable. Acrylic Acid pricing in the US market followed a distinct trend.

Feedstock prices had been rebounding from the effects of the February freeze, which impacted the price of its downstream products. Furthermore, during November's Asian trade, crude oil prices plummeted due to growing concerns about pandemic-related uncertainty. Finally, due to low feedstock prices, butyl acrylate prices in the US market varied in a limited range during the quarter.

For First, Second and Third Quarters of 2021


Asia

Because of the considerable spike in the price of feedstock acrylic acid, butyl acrylate prices in Asia saw a significant increase in Q3. Furthermore, throughout this era, the value of the monomer increased due to increased demand from downstream industries and restricted product supply. However, the Chinese market saw a drop in upstream n-Butanol pricing, which was ascribed to the producers' ease in providing bids.

Furthermore, decreased production rates as a result of China's new energy policy caused ripples across the market. As a result, the FOB Wuhu-China monthly average in September was 2868 USD/MT, an increase of 852 USD/MT over July's rates. Similarly, the market in India witnessed a strong uptick, owing to decreasing imports of the feedstock and strong demand. However, due to cheaper n-Butanol and improved imports, butyl acrylate prices fell somewhat in September. As a result, Ex-Hazira prices in July were 2887.09 USD/MT.

Europe

Early in the third quarter, certain European Acrylates companies announced maintenance shutdowns, restricting regional supplies. To make up for losses in past quarters, leading manufacturer Arkema announced an increase in EU Acrylic monomer pricing compared to the previous quarter. ABS (acrylonitrile-butadiene-styrene) was benefiting from high margins as demand increased. Spot ABS prices were seen increasing by double digits as buyer reaction improved as the year progressed.

North America

The monomer’s price increased in the third quarter of 2021 due to high demand and constrained supply in North America. Acrylic Acid, which serves as its feedstock, had seen its price rise steadily, putting downward pressure on the monomer and its downstream products. Furthermore, by the end of August, Hurricane Ida in the United States had interrupted not only the operation of various production units, including Butanol and Acrylic Acid, but also the supply chain throughout the international market.

Dow, for example, was forced to shut down its Acrylic Acid factory in August owing to power shortages caused by Hurricane Harvey. Besides, there was considerable growth in the usage for the monomer from downstream paints, adhesives, and coatings sectors after the revival in the industrial and commercial activity which further supported this higher price trajectory in North America.

Butyl Acrylate Production Cost Report: Operating Costs, Logistics, Utilities, Manufacturing Process, and Raw Material Requirements See more

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About Butyl Acrylate:

Butyl acrylate is a significant acrylic monomer from the acrylic esters group, which is generated from acrylic acid and used to give a wide range of polymers performance qualities.

Product Details:

Report Features Details
Product Name Butyl Acrylate
Chemical Formula C7H12O2
Molecular Weight 128.17g/mol
Synonyms n-Butyl acrylate, 141-32-2, butyl prop-2-enoate, 2-Propenoic acid, butyl ester
Industrial Uses Paints & coatings, Adhesives & sealants, Textiles, Plastic additives, Paper treatment
Supplier Database Arkema S.A., BASF S.E, Nippon Shokubai Co. Ltd, Dowdupon Inc., LG Chem Ltd., Taogosei Co. Ltd., Mitsubishi Chemical Corporation, SunVic Chemical Holdings Corporation
Region/Countries Covered Asia Pacific: China , India, Indonesia, Pakistan,  Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand,  South Korea, Iraq, Saudi Arabia, Malaysia, Nepal,  Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore,  Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden,  Belgium, Austria, Ireland Switzerland , Norway,  Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia,  Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes 
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Production Processes:

  • Butyl Acrylate Production from Acrylic Acid and n-Butanol via Esterification; Butyl Acrylate Production from Propylene and n-Butanol via Propylene Oxidation

Via Esterification: In this process, butanol and acrylic acid undergo a reaction in a reactor in the presence of an esterification catalyst. The water produced is entrained via distillation in a column, leaving the desired product, i.e., butyl acrylate.

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology:

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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