Acrylate Ester Prices March 2024
Product
|
Category |
Region |
Price |
Acrylate Ester |
Chemical |
Korea |
2,530 USD/Ton |
Acrylate Ester |
Chemical |
Brazil |
1,460 USD/Ton |
The price of acrylate ester in Korea for Q1 2024 reached 2,530 USD/Ton in March.
The Q1 2024 acrylate ester price was 1,460 USD/Ton in Brazil.
Acrylate Ester Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Acrylate Ester Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of acrylate ester 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 acrylate ester at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of acrylate ester price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing acrylate ester 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.
Acrylate Ester Market Analysis
The global acrylate ester market size reached US$ 10.9 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 20.8 Billion, at a projected CAGR of 7.40% during 2023-2032.
- The market is experiencing significant growth due to the booming construction industry, where acrylate esters are integral in the production of paints, coatings, and adhesives, essential for building and infrastructure projects.
- The growing automotive sector necessitates high-performance materials for paints, coatings, and sealants, all of which benefit from the properties of acrylate esters such as durability and resistance to harsh environmental conditions, which is contributing to the market growth.
- Moreover, the the widespread product utilization in the packaging industry for producing flexible, durable, and ultraviolet (UV)-resistant packaging materials, catering to the rising need for secure and long-lasting packaging solutions, thereby strengthening the market expansion.
- Significant advancements in personal care products and cosmetics are providing an impetus to the market growth, as acrylate esters are used in formulations of gels, creams, and lotions to enhance texture and stability.
- In addition to this, the medical industry also significantly contributes to the demand, with acrylate esters being critical in the manufacture of medical adhesives, drug delivery systems, and various medical devices due to their biocompatibility and flexibility.
- Another crucial driver is the surge in demand for water-based acrylic paints, driven by environmental regulations and consumer preference for eco-friendly products, which favor acrylate esters for their lower volatile organic compound (VOC) emissions.
- Concurrently, the increasimg product demand in the electronics industry for the production of high-performance adhesives and coatings for electronic components, owing to their excellent thermal and chemical resistance properties, which is creating a positive outlook for market expansion.
- In confluence with this, the flourishing expansion of the textile industry also plays an essential role in market growth, using acrylate esters in textile coatings and finishes to improve durability and feel.
- Furthermore, the rising trend of lightweight and high-strength materials in aerospace and defense sectors is acting as another significant growth-inducing factor, with acrylate esters being employed in advanced composite materials for enhanced performance and fuel efficiency.
- Apart from this, the continuous research and development (R&D) efforts leading to the innovation of new acrylate ester formulations and applications are propelling the market forward, as industries seek to leverage the unique properties of these compounds to develop superior products and technologies.
Acrylate Ester News
The report covers the latest developments, updates, and trends impacting the global acrylate ester 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 acrylate ester production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the acrylate ester price trend.
Latest developments in the acrylate ester industry:
- In March 2023, BASF began construction on a new production complex at its Verbund site in Zhanjiang. The complex is expected to start operating by 2025, with an annual production capacity of around 400,000 metric tons of BA and 100,000 metric tons of 2-EHA. The facility will help meet the growing demand for acrylics in industries like hygiene and paint and coatings in China and Asia Pacific.
Product Description
Acrylate esters are a group of chemical compounds made from acrylic acid and alcohols. They have the general formula CH2=CHCOOR, where R is an alkyl group that may have a wide range of sizes and complexities. Acrylate esters are known for polymerizing easily to obtain materials with all kinds of different and useful properties. These compounds are pivotal in the production of polymers and copolymers used for a wide range of applications: paints, adhesives, coatings, and plastics.
It is the ester functional group that creates their versatility, making these acrylate esters capable of such desirable properties as flexibility, toughness, and resistance to light and weather. This makes them extremely important components used in manufacturing products intended to be durable and long-lived. In addition, the fact that properties of the polymers can be fine-tuned by changing the alkyl group in the ester makes acrylate esters a key component in material customization for specific industrial and commercial uses.
Regional Coverage
The report provides a detailed analysis of the acrylate ester 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 acrylate ester price trend.
Global Acrylate Ester Price
The report offers a holistic view of the global acrylate ester pricing trends in the form of acrylate ester 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 current price of acrylate ester but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into 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 acrylate ester 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 Acrylate Ester Price
European acrylate ester prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed acrylate ester price information for a comprehensive list of countries.
Region |
Countries Covered |
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, among other European countries. |
North America Acrylate Ester Price
The analysis of acrylate ester prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific acrylate ester historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Acrylate Ester Price
The report explores the acrylate ester 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 acrylate ester prices for countries can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Acrylate Ester Price
The acrylate ester pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This acrylate ester price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Acrylate Ester Price
The analysis of acrylate ester 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.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
Key Attributes |
Details |
Product Name |
Acrylate Ester |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Acrylate Ester Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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*
Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
- Company Overview
- Business Description
- Product Portfolio
- Recent Trends and Developments
|
Customization Scope |
The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of acrylate ester 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 acrylate ester 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 acrylate ester price charts ensure our clients remain at the forefront of the industry.