Acrylamide Prices

Acrylamide Prices June 2024

The acrylamide prices in the United States for Q2 2024 reached 1558 USD/MT in June. The region saw a rise in prices, driven by increased seasonal demand in water treatment and supply disruptions. Higher costs of raw materials and freight further added upward pressure, with strong fundamentals maintaining a positive pricing trend despite some logistical challenges.

The price trend for acrylamide in China for Q2 2024 settled at 1197 USD/MT in June. The market faced a varied trend, with early gains from industrial demand fading by June due to the monsoon season. Furthermore, high inventory levels and a temporary force majeure declaration contributed to lower prices, reflecting overall subdued demand across sectors.

In Germany, the acrylamide prices for Q2 2024 reached 1438 USD/MT in June, majorly fueled by demand recovery in water treatment and paper industries along with pre-summer restocking. Despite logistical delays in Europe, robust demand and rising costs of raw materials supported an overall positive trend for the quarter.

Acrylamide Prices March 2024

The acrylamide prices in the United States for Q1 2024 reached 1399 USD/MT in March. The prices in the United States initially dipped because of sluggish demand in paper-making and water treatment. However, disturbance caused by severe weather and high production costs due to rising upstream acrylonitrile prices later drove prices up, despite ongoing supply challenges and subdued market conditions.

The price trend for acrylamide in China for Q1 2024 settled at 1265 USD/MT in March. In China, acrylamide prices showed minor fluctuations, driven by low demand and an oversupply. The market was particularly impacted by reduced activity in the textile and paper industries and lower crude oil prices, although there was a slight uptick in prices towards the quarter's end due to cost pressures.

In Germany, the acrylamide prices for Q1 2024 reached 1314 USD/MT in March. The market saw significant price shifts in the first quarter, starting with a decline due to sluggish demand and high inventories. Prices increased later in the quarter, fueled by geopolitical tensions affecting prices of crude oil and decisions by OPEC+ to reduce output, despite subdued demand from downstream industries.

Acrylamide Prices December 2023

The acrylamide prices in the United States for Q4 2023 reached 1305 USD/MT in December. High-priced imports in October pushed prices up, but eased inflation in November led to more favorable business conditions. Increased demand from water treatment and rising production costs saw mixed price movements, with overall market challenges reflecting a price decline from the previous year.

China exhibited dynamic price shifts during Q4 2023, with acrylamide prices concluding at 1215 USD/MT in December. The market was primarily spurred by better requirements from both domestic and international markets. While production activity showed a slight rebound, ongoing economic challenges and increased raw material costs kept market recovery fragile, resulting in fluctuating prices compared to the last year and the preceding quarter.

Regional Coverage

The report provides a detailed analysis of the acrylamide market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the acrylamide price trend.

Global Acrylamide Price

The report offers a holistic view of the global acrylamide pricing trends in the form of acrylamide price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into acrylamide historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into acrylamide price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed acrylamide demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Acrylamide Price

Q2 2024:

During Q2 2024, acrylamide prices in Europe followed a strong upward trend, chiefly propelled by rising raw material costs, supply chain constraints, and magnified freight charges. Delays fueled logistical challenges, impacting acrylonitrile pricing and feeding into acrylamide costs. Moreover, in Germany, significant demand from key sectors, such as water treatment, textiles, and paper manufacturing, contributed to early-summer restocking activities, further straining the market. Despite these pressures, no major plant shutdowns occurred, allowing the supply chain to sustain operations. The quarter closed on a positive note, highlighting resilient demand and limited supply across the region.

Q1 2024:

The market was characterized by price volatility during the early months of 2024. January saw a consistent price drop due to sluggish demand from the water treatment and textiles industries and high availability of the product. The situation briefly improved as geopolitical risks in the Middle East drove up crude oil prices, affecting costs of raw materials like acrylonitrile. By March, price trends reversed, supported by OPEC+ decisions to extend production cuts, which impacted production costs despite ongoing low demand. Although there was a softening of inflation in Germany, which eased pressure on prices, the market's overall outlook remained cautious.

Q4 2023:

Europe saw declining prices and bearish sentiment. October marked a drop in Germany's prices, driven by feeble demand and reduced Eurozone industrial output. While the manufacturing PMI somewhat improved, it still pointed to a sector in decline. The market remained under pressure, with decreased prices reflecting constant low demand and high inventory levels. Inadequate inventory reduction and consumer inquiries were prevalent, coupled with a drop in upstream phenol rates. Diminished industrial activity, owing to winter holidays and factory gate deflation, further impacted market conditions.

This analysis can be extended to include detailed acrylamide price information for a comprehensive list of countries.

North America Acrylamide Price

Q2 2024:

Throughout Q2 2024, North America's acrylamide market saw a marked price increase due to amplified demand, particularly from the water treatment sector, and ongoing supply disruptions. Seasonal industrial and household activities fueled this demand, which was further impacted by raw material cost hikes and escalating freight expenses. In addition to this, a temporary force majeure declared by a major supplier following a storm exacerbated supply constraints. In the United States, acrylamide prices reflected these factors with consistent growth through the quarter, driven by strong demand and limited availability, marking an overall positive pricing environment.

Q1 2024:

The initial part of 2024 witnessed fluctuations in acrylamide pricing within North America, particularly in the USA where the market started on a bullish note. Early in Q1, a downturn in demand, notably in sectors such as paper-making and water treatment led to a dip in prices. Adverse weather conditions exacerbated this trend, leading to operational shutdowns and a decrease in paper usage. As the quarter progressed, cost increases in acrylonitrile contributed to a rise in production expenses and, consequently, acrylamide prices. The complications in shipping from the Middle East, including disruptions in the Suez Canal and Red Sea regions, also pressured freight costs, pushing prices upward despite lower demand in key industries.

Q4 2023:

Initially, North America, particularly, the United States saw a rise in prices because of costly imports, but by November, inflation had eased, leading to an improved business landscape. This trend was supported by increased requirements from industries like water treatment. Higher manufacturing costs, influenced by rising acrylonitrile prices, incited leading exporters to hike their rates. As inflationary pressures waned, consumer confidence improved in November and December. Nonetheless, North America's market encountered challenges like weak demand and a dubious business landscape, which led to major price declines in comparison to the last year.

Specific acrylamide historical data within the United States and Canada can also be provided.

Middle East and Africa Acrylamide Price

The report explores the acrylamide pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on acrylamide prices for countries can also be provided.

Asia Pacific Acrylamide Price

Q2 2024:

In the Asia Pacific region, the market displayed varied trends in the second quarter of 2024, influenced by fluctuating demand and seasonality. Early in the quarter, prices rose amid strong customer demand and elevated upstream costs, with heightened industrial activity in water treatment driving this growth. However, as the quarter progressed, weakened demand due to the monsoon season and ample inventories led to a downturn in prices, particularly within China. Moreover, a significant market event, a force majeure by a key manufacturer due to weather disruptions, temporarily impacted supply, although stable production from other sources limited its overall effect on the market.

Q1 2024:

The Asia Pacific region, especially China, experienced a subdued demand for acrylamide throughout the first quarter of 2024, leading to marginal price fluctuations. The pulp, textile, and paper sectors saw a decline in activity, which stifled growth and led to reduced orders from international markets. Prices remained relatively stable despite a dip in crude oil prices due to excessive supply and diminished global demand. This trend continued into the holiday season, causing a slowdown in industrial activities and lower raw material demand. By quarter-end, there was a slight increase in prices impacted by the rising crude oil costs, despite the ongoing challenges of ample supply and muted demand.

Q4 2023:

The Asia-Pacific region encountered increased requirements from paper, pulp, and textiles sectors, which led to better market conditions, yet production activities slowed amid a fragile economic recovery. Rising costs of raw materials, such as sulphuric acid and acrylonitrile, further strained the market. The Chinese market saw notable price shifts due to a better demand outlook and a minor uptick in domestic and international inquiries. These factors contributed to a complex market environment marked by varied price movements compared to the previous year and quarter.

This acrylamide price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Acrylamide Price

The analysis of acrylamide prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Acrylamide Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Acrylamide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of acrylamide pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of acrylamide at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of acrylamide price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing acrylamide price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Acrylamide Market Analysis

The global acrylamide market size reached US$ 3.6 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5.2 Billion, at a projected CAGR of 4.10% during 2023-2032.

• Acrylamide finds its use in an important raw material for the production of polyacrylamide which is a commonly known product in water treatment processes. A study by the United Nations World Water Assessment Program (WWAP) found that over 80% of wastewater resulting from human activities is discharged into rivers or seas without any pollution removal.
• The growing demand of clean water and wastewater treatment in both developing and developed countries encourages the production of acrylamide.
• The paper and pulp industry utilizes acrylamide-based polymers to enhance paper strength and production efficiency; this has the greatest impact on acrylamide demand among all the industries. Increasingly, paper usage, often in packaging and in the production of hygiene products, will be a good driver of paper markets worldwide.
• Innovation in production processes which are green and environmentally friendly is not only less costly but also it lowers environmental impact, thus increasing competitiveness of the acrylamide-based products which would be picked up by various industries.
• Environmental awareness and stricter regulations for water pollution control were considered all over the world which leads to the development of more powerful water treatment processes where the acrylamide-based flocculants do their bit by coping with the demand.
• The oil and gas industry's industrial application of EOR techniques, including enhancement schemes with the utilization of polyacrylamide, which is derived from acrylamide, provides one of the major reasons for steady growth, especially even in regions with enormous oil production activities.
• Acrylamide is key in the production of super absorbent polymer which offers the best solution for water retention in agriculture. This process becomes more crucial as arid regions become water-scarce, boosting the demand for acrylamide.
• Water reuse and recycling technologies being adopted at a sophisticated level in industrial and municipal domains create a demand for water treatment chemicals including acrylamide that eventually as the market for water-soluble polymers is projected to go up.

Acrylamide News

The report covers the latest developments, updates, and trends impacting the global acrylamide market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in acrylamide production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the acrylamide price trend.

Latest developments in the acrylamide industry:

• In June 2024, SNF, a global manufacturer of water-soluble polymers, invested $18 million in a major upgrade to its polyacrylamide manufacturing plant in Lara, Victoria, Australia. The upgrade will enhance the company’s position in the global supply chain for acrylamide, a crucial ingredient in SNF’s diverse polymer products.

Product Description

Acrylamide is a chemical molecule, C3H5NO, which possesses 3, 5 and 1 carbon, hydrogen, and nitrogen atoms respectively. It has a molecular formula which entails acryletactyl formed by a vinyl group and an amide. It is a white powder in its physical state, transparent, and it dissolves readily in water, alcohol, or acetone. It is widely used as well in many applications and processes in the industries.

Acrylamide is mainly applied for the manufacture of polyacrylamide, which could be used as a flocculant agent in water treatment, thus facilitating the process of solids particles removal from wastewater. Additionally, such fibers are used in the industry of paper production as well as dye making, besides, as a soil improving agent.

Acrylamide is used in formulation of plastics and cosmetics. Additionally, it can be found in copolymers that are used in gel electrophoresis, a laboratory method used to separate DNA, RNA, and proteins.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of acrylamide pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting acrylamide price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The acrylamide price charts ensure our clients remain at the forefront of the industry.