Methacrylic Acid Price Trend and Forecast

Regional Price Overview

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

Methacrylic Acid Price Trend for the Q1 of 2024


In the first quarter of 2024, the methacrylic acid market in China witnessed a notable increase, driven by various factors, including shifts in demand dynamics and supply-side operations. Early in the quarter, the prices experienced a temporary decline attributed to sluggish demand and limited downstream transactions. However, rising raw material prices and supply-side maintenance closures subsequently propelled prices upward.

The market outlook remains positive in the short term, with supply-side support temporarily in place and downstream demand following suit. There is cautious optimism about the market's strength among the traders as the overall outlook of the market remained relatively stable in the first quarter, but after the post-holiday season, the dynamics of methacrylic acid are expected to overturn.

Methacrylic Acid Price Chart

Methacrylic Acid Price Trends

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On the other hand, in India, the market remained stagnant throughout the first quarter, with the January prices of methacrylic acid (CIF) averaging around 2025 USD/MT and March prices nearing 2023 USD/MT. This stagnancy could be attributed to the sustained balance of the supply and demand sectors of the region.


The European methacrylic acid market mirrored challenges seen in the US, as the market struggled with excess supply amid weakened demand from the construction and automotive sectors. Stable production levels have led to an abundance of methacrylic acid, compounded by declining crude oil prices affecting production costs. Economic growth concerns and geopolitical tensions further dampen demand from sectors like paint, coatings, adhesives, and textiles.

Despite uncertainties, the European market maintains cautious optimism, anticipating stable energy and feedstock prices but limited demand improvement in early 2024. The Lunar New Year additionally caused a frailer demand in China, impacting prices, while strengthening energy prices influenced production costs.

North America

In the US market, methacrylic acid prices maintained a steady trajectory, with demand not significantly surging from various industries like bisphenol A, methyl methacrylate, cosmetics, and pharmaceuticals. Although the start of 2024 showcased some restrained positive developments globally, including new capacity expansions in the US, the demand for methacrylic acid remained stagnant, leading to a disbalance of the supply and demand sectors.

In contrast, the phenol market faces ongoing weak demand and low production levels, particularly in the US, where pessimism persists regarding the impact of additional phenol capacities in China. Overall, the methacrylic acid market outlook remains cautiously neutral, with potential shifts in sentiment contingent on global supply disruptions and demand dynamics.

Analyst Insight

According to Procurement Resource, the price trend of Methacrylic Acid is estimated to be driven by the rising demand from the downstream industries and revamped production of the industrial sector, sustaining the supply-demand equilibria.

Methacrylic Acid Price Trend for the October - December of 2023


The revival of the methacrylic acid prices in the third quarter was not carried forward to the fourth quarter of 2023. In India, the October prices stood at around 2034 USD/MT (CIF, India), but the December prices of methacrylic acid fell to approximately 1975 USD/MT.

A number of factors were involved in this downward journey of methacrylic acid price trend. The foremost cause of concern which persisted throughout the fourth quarter was the feeble rate of economic recovery of the Asian countries. Due to this, the downstream industries had no scope for expansion, and the same was visible in the trajectory of the methacrylic acid price graph.


The cost of raw materials inched lower with each month of the last quarter as the methacrylic acid price trend continued on their southwards journey. In European countries, the overall dynamics of the region also did not look in favor of the methacrylic acid market as the downstream demand and consumer preferences shifted opposite to the methacrylic acid market momentum. Furthermore, the prices of upstream materials such as acetone and sulphuric acid also showed only minimal movement, and as a result, the methacrylic acid price remained on the lower end.

North America

A gradual fall in the cost of raw materials of methacrylic acid was observed in the last quarter of 2023. Along with this, the paints and coatings sector also failed to showcase any appreciation in its demand for methacrylic acid. The market further bore bearish sentiments on account of a significant decline in the export rates due to lower water levels in the Panama Canal, excessive rise in inventories, and high uncertainties in crude oil prices.

Analyst Insight

According to Procurement Resource, the price trend of Methacrylic Acid are expected to oscillate in the upcoming quarters as the outlook of raw materials cost and demand from the downstream industries does not look in favor of methacrylic acid price trend.

Methacrylic Acid Price Trend for the July-September of 2023


In Asian countries, the number of overseas purchases declined by a significant number along with the domestic demand for methacrylic acid led, to the southward movement of its price trend. The majority of Asian countries suffered from a lower number of inquiries of methacrylic acid during the third quarter of 2023.

The adverse weather conditions disrupted the supply chains and thus negatively affected the overall market sentiments of methacrylic acid. In addition to this, the growing concerns about the Asian economy proved to be a challenge for the methacrylic acid traders in the third quarter of 2023.


The European countries mimicked the methacrylic acid price trend observed in the Asian countries. In this region too, the contraction in demand from the chemicals industries and slower growth of the economy resulted in the downfall of the methacrylic acid market. The number of imports from Asian countries, however inclined, only resulted in the rise of inventories. Due to muted demand and the economic crisis faced by the region, the methacrylic acid price trend took a downward turn.

North America

The supply of methacrylic acid remained stable throughout the third quarter of 2023, while the rates of procurement from the downstream paints and coatings sector fell by a significant margin. The bearish trajectory of the methacrylic acid price graph was also a consequence of the negative outlook of overseas industries and the falling US currency. The upstream products also failed to provide the methacrylic acid market with its required momentum, and as a result of the synergistic effect of the above-mentioned causes, the methacrylic acid price trend faced southwards.

Analyst Insight

According to Procurement Resource, the price trend of Methacrylic Acid are estimated to decline on account of the weak appetite of consumers and growing concerns about falling global economic conditions.

Procurement Resource provides latest prices of Methacrylic Acid. 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; customization of price currencies and unit; extraction of price data as excel files to be used offline.

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Methacrylic Acid (MAA) is an organic compound. It is a colourless, viscous liquid with an acrid unpleasant odour. It is miscible with most organic solvents and is soluble in water if it’s warm.

Methacrylic Acid is industrially prepared on a large scale as a precursor to its esters, especially methyl methacrylate (MMA) and poly-MMA. Methacrylic Acid has numerous industrial uses, out of which, paints and adhesives are the most common ones. One natural source of MAA is Roman chamomile or whig plant.

Product Details

Report Features Details
Product Name Methacrylic Acid
Industrial Uses Nail primers, Paints, Adhesives, Ion-exchange resins, Leather treatment agents, Rubber modifier, Sealants , Paper processing agent, Textiles
Chemical Formula C4H6O2
Synonyms 79-41-4, 2-Methylacrylic acid, 2-Methyl-2-propenoic acid , Methacrylic acid
Molecular Weight 86.09g/mol
Supplier Database The Dow Chemical Company, Mitsubishi Chemical Corporation, Evonik Industries AG
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

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.

Production Processes

  • Production of Methacrylic Acid via Oxidation of Isobutylene or tert-Butanol; via Isobutane; via
  • Acetone Cyanohydrin, and via Dehydrogenation of Isobutyric Acid

In the most common route, acetone cyanohydrin is utilised as a starting product, which is turned into methacrylamide sulphate in the presence of sulphuric acid. Then, the obtained methacrylamide sulphate is hydrolysed to obtain Methacrylic Acid (MAA). The methacrylamide sulphate can also be esterified to obtain methyl methacrylate (MMA).


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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