HPMA (Hydroxypropyl Methacrylate) Price Trend and Forecast

HPMA Regional Price Overview

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

Hydroxypropyl Methacrylate (HPMA) Price Trend for the Year 2024

Asia

In Asia, HPMA prices displayed significant volatility throughout 2024. The year began with downward pressure due to weak demand across key consuming industries and abundant supply. By Q2, prices stabilized as manufacturing activity gradually increased, particularly in China and South Korea.
 

Hydroxypropyl Methacrylate (HPMA) Price Chart

Please Login or Subscribe to Access the Hydroxypropyl Methacrylate (HPMA) Price Chart Data
 

The third quarter saw an upward trend driven by tightening supply conditions, reduced operating rates at production facilities, and rising feedstock costs, especially acetone. This bullish sentiment persisted into early Q4, before prices moderated in the final months as regional demand softened.

Europe

European HPMA markets exhibited a mixed performance in 2024. The first quarter witnessed persistent bearish trends as high inflation and interest rates dampened purchasing power. Prices began recovering in Q2 as feedstock values strengthened, and major producers implemented production limitations due to planned turnarounds. The summer months saw modest improvements as automotive sector demand rebounded slightly. However, the market reverted to a downward trajectory in Q4, with prices declining due to sustained oversupply and sluggish construction sector activity.

North America

North American HPMA market experienced a generally stable trend with some fluctuations. Prices remained firm in Q2 due to supply constraints despite weak raw material prices. The third quarter saw a notable uptrend driven by tight supply conditions, reduced operating rates, and lower import volumes. By Q4, after mild gains in November, prices showed a slight downturn in December as the market achieved balance with stable production levels, adequate supply, and consistent demand from key industries.

Analyst Insight

According to Procurement Resource, the outlook for HPMA remains cautiously optimistic heading into 2025, with recovery expected to depend primarily on improved demand from automotive and construction sectors, alongside stabilization of global supply chains and raw material costs.
 

Hydroxypropyl Methacrylate (HPMA) Price Trend for Second Half of 2023

HPMA is a versatile monomer widely used in the manufacturing of adhesives, coatings, and dental products based on acrylic. Its demand is influenced by its capacity to improve weather resistance, adhesion, and durability in a number of products. Furthermore, the need for HPMA-based formulations is fueled by the growing electronics, automotive, and construction sectors, as well as by advancements in polymer science that are broadening the field's application.

The hydroxypropyl methacrylate prices witnessed a downward trend across the world throughout the third and fourth quarters of 2023, majorly due to the limited support from the feedstock market. In Asia, including India, economic recovery remained sluggish, constraining expansion opportunities for downstream industries and reflecting in declining hydroxypropyl methacrylate prices.

Similarly, in Europe, the hydroxypropyl methacrylate market faced challenges as raw material costs decreased, downstream demand weakened, and consumer preferences shifted away from hydroxypropyl methacrylate products. Moreover, minimal movement in upstream material prices like acetone and sulphuric acid contributed to the market's subdued performance.

In North America, hydroxypropyl methacrylate prices also declined on account of falling raw material costs and subdued demand from the paints and coatings sector. Additionally, factors such as lower water levels in the Panama Canal, increased inventories, and crude oil price uncertainties further dampened market sentiments.

Analyst Insight

According to Procurement Resource, the price trend of Hydroxypropyl Methacrylate is likely to exhibit stability owing to the stable cost of feedstock materials and the rise in the momentum of downstream industries.
 

HPMA (Hydroxypropyl Methacrylate) Price Trend for the First Half of 2023

HPMA (Hydroxypropyl Methacrylate) prices mostly depend on the feedstock Meth Acrylic Acid and Propylene Oxide. Feedstock prices fluctuated throughout the first half of 2023, directly impacting the price trend of HPMA.

HPMA prices showed some upward movement initially in the first quarter as the feedstock prices rose. The reopening of the Chinese market after the COVID-19 lockdown also helped in providing positive cost support to Hydroxypropyl Methacrylate.

The market started stabilizing; the downstream demands dipped, leading to a rise in inventories towards the end of the second quarter. This led to a slip in the Hydroxypropyl Methacrylate price trendss. Overall, a mixed price trends was observed for Hydroxypropyl Methacrylate as the market remained tugged between upstream costs and downstream demands.

Analyst Insight

According to Procurement Resource, the price trendss of HPMA (Hydroxypropyl Methacrylate) will likely oscillate in the coming quarter, given the supply chain normalization and low yet stable demands.

Procurement Resource provides latest prices of HPMA (Hydroxypropyl Methacrylate). 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.