Butyl Acrylate Prices

Butyl Acrylate Prices March 2024

In the first quarter of 2024, the prices for butyl acrylate in the USA showed mixed trends. Initial demand from end-use industries like paint and coating led to higher manufacturing and stockpile adjustments. By the latter part of the quarter, prices fell due to weaker demand and excess inventory, prompting reductions in market quotations to stimulate buying. The butyl acrylate price in March was recorded at 1653 USD/MT.

Germany's butyl acrylate prices in the first quarter of 2024 experienced notable volatility. Increased product consumption in the paint and coating sectors and interruptions from farmer protests caused significant price increases. As a result, the product price in March 2024 reached 1532 USD/MT. Despite the rise, the price remained the same, reflecting ongoing supply chain and demand challenges.

Butyl Acrylate Prices December 2023

Butyl acrylate prices in Mexico for Q4 2023 reached 1623 USD/MT. The market displayed bullish trends because of increased buying activities and insufficient stock levels. Moreover, the product demand in end-use industries, coupled with low inventories, led to increased trading activities among the United States and Mexico.

The price trend for butyl acrylate in Japan reached 1347 USD/MT in December 2023. The variations in demand among downstream sectors and general market circumstances were responsible for this price reduction in the country.

Saudi Arabia observed a drop in butyl acrylate prices, reaching 1065 USD/MT in December 2023. While cautious buyers lowered their purchases, suppliers withheld quotations and provided larger orders further discounts. The pricing trend was also influenced by the decline in the costs of acrylic acid upstream.

In Q4 2023, the butyl acrylate prices in Brazil witnessed an incline, attributed to low supplies and high demand, unaffected by any plant shutdowns. By the end of Q$, butyl acrylate price in the country reached 1633 USD/MT.

Regional Coverage

The report provides a detailed analysis of the butyl acrylate 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 butyl acrylate price trend.

Global Butyl Acrylate Price

The report offers a holistic view of the global butyl acrylate pricing trends in the form of butyl acrylate 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 butyl acrylate historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into butyl acrylate 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 butyl acrylate 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 Butyl Acrylate Price

Q2 2024:

In the second quarter of 2024, Europe's butyl acrylate prices saw a continued increase in prices, majorly driven by rising manufacturing expenses and strong consumption in industries such as coatings and paint. This upward trend was fueled by higher raw material prices, particularly for acrylic acid and propylene, and logistical challenges, including a national rail strike and protests by farmers. These disruptions tightened inventory levels, pushing prices higher. Germany experienced the most significant price movements, with a steady rise influenced by seasonal increases in construction activity.

Q1 2024:

In Q1 2024, Europe's product market faced significant challenges. The demand from end-use sectors, particularly coating and paint, surged, stressing supply levels. Concurrently, protests in the region by farmers caused supply chain interruptions and delivery delays, exacerbating the imbalance in supply and demand and driving prices higher. Germany, in particular, witnessed major price changes due to these disruptions and strong product consumption. March ended with butyl acrylate prices significantly elevated. As a result, the market faced substantial pressure from both demand spikes and logistical issues.

Q4 2023:

In Q4, butyl acrylate faced supply shortages due to increased consumption in the coating and paint sectors. Upstream acrylic acid prices also rose, prompting manufacturers to boost production. The widening gap between the final product and raw material indicated a bullish tendency. Prices in Europe increased at first but then reduced due to a fall in acrylic acid prices and a decline in demand.

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

North America Butyl Acrylate Price

Q2 2024:

In Q2 2024, the product prices in North America maintained a stable environment, showing little fluctuation. This stability was largely due to continuous manufacturing expenses, influenced by steady prices for raw materials like acrylic acid and n-butanol. Additionally, the market was supported by a lack of major interruptions in supply chain and adequate stockpiles, which helped balance demand and supply. Inflationary pressures eased to their lowest point in six months, contributing to the stability of input costs. Moreover, the moderate demand from sectors like paint and coating was well-supported by existing inventories, maintaining equilibrium between supply and demand.

Q1 2024:

In the first quarter of 2024, the North American butyl acrylate prices experienced a fluctuating environment. Initially, the market was buoyant due to a surge in consumption from industries like coating and paint amid limited inventory levels. In response, manufacturers ramped up production to address the imbalance in demand and supply. Despite this, as the quarter progressed, the market shifted towards a diminishing movement. This decline was attributed to weakened product demand in the end-use sectors and the accumulation of stockpiles, leading to reduced trade flows. To stimulate procurement, producers reduced their price quotations. Additionally, the appreciation of the Mexican currency against the US currency led to a modest price increase.

Q4 2023:

In Q4 2023, the product market in North America displayed a modest to bullish movement. This was characterized by a tightening supply-demand balance, with supplies ranging from low to moderate levels across the region. The industry witnessed an upward pressure on prices as the product consumption in end use industries, like paints and coating sectors, continued to rise. Moreover, a hike in quotations by traders and suppliers to increase profits amidst the increased demand also contributed to this upward trend.

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

Middle East and Africa Butyl Acrylate Price

Q2 2024:

In Q2 2024, the MEA region saw a notable surge in butyl acrylate prices due to a combination of reasons like increased geopolitical concerns and supply chain interruptions. This led to delayed shipments and heightened freight costs. Furthermore, rising costs for feedstock acrylic acid added to production expenses, driving up prices. Despite these challenges, strong demand from the construction, paint, and coating sectors supported a bullish market sentiment.

Q1 2024:

In Q1 2024, the MEA product prices saw significant price fluctuations. Early in the quarter, prices rose due to low inventory levels, prompting manufacturers to increase production to meet the consumption demand in industries like paint and coatings. Despite this, the latter half of Q1 saw a reduction in prices owing to an imbalanced demand and supply. Despite rising costs for crude oil and propylene, the rates for acrylic acid stayed stable. Additionally, subdued end-use demand and adequate stock levels led to a modest price decrease.

Q4 2023:

In Q4 2023, the product witnessed a downward trend in the MEA region, primarily driven by subdued consumption in end-use industries, particularly the paints and coating sectors. This demand led to diminished trading activities and surplus inventories, exerting a falling pressure on butyl acrylate prices. Furthermore, the decline in the rates of the upstream raw material, acrylic acid, exacerbated the situation by adding to the overall oversupply conditions in the market.

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

Asia Pacific Butyl Acrylate Price

Q2 2024:

The Asia Pacific butyl acrylate prices witnessed a significant decline in Q2 2024, driven by various factors. The primary cause was lowered product consumption in the coatings and paint industries, coupled with excess supply due to surplus stockpile. Additionally, trade flow interruptions and rising manufacturing costs for acrylic acid added to the downward movement. Besides this, factors like seasonality also contributed, with initial price hikes following the Lunar New Year. This was further followed by a stabilization in prices and subsequent drops as the market adjusted.

Q1 2024:

The butyl acrylate market in the APAC region during Q1 2024 was marked by a mixed performance. The early part of the quarter saw a bullish trend due to high demand and low stock levels, with increased trading activity between China and Japan to stabilize supplies. The pre-Lunar New Year period saw heightened trading to build a stockpile for expected future demand. However, as the quarter advanced, prices dropped owing to ample supply and a slowdown in trading. The impact of this festive season led to a temporary dip in trading activity, but post-holiday, prices stabilized as the market adjusted to the new equilibrium.

Q4 2023:

In Q4 2023, the Asia Pacific butyl acrylate prices saw a shift in dynamics driven by fluctuating product consumption in end-use sectors like coatings and paints. Initially, a drop in demand led to lower prices due to surplus inventories and reduced operating costs. However, in the latter half of the quarter, increased demand strained existing supplies, prompting producers to ramp up production to meet requirements.

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

Latin America Butyl Acrylate Price

The analysis of butyl acrylate 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.

Butyl Acrylate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Butyl acrylate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of butyl acrylate 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 butyl acrylate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of butyl acrylate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing butyl acrylate 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.

Butyl Acrylate Market Analysis

The global butyl acrylate industry size reached US$ 3.7 Billion in 2023​. By 2032​, IMARC Group expects the market to reach US$ 5.7 Billion, at a projected CAGR of 5.00% during 2023-2032.

• Butyl acrylate is extensively used in the creation of water-based paints on account of its excellent properties, including enhanced adhesion, flexibility, and weather resistance. These qualities make it appropriate for outside exterior paints and varnishes, where durability and visual appeal are critical factors. Additionally, the rise in construction activities, coupled with the increasing demand for eco-friendly and sustainable products, is driving the demand for water-based paints. According to the IMARC group, the global water-soluble paints market size reached US$ 27.2 Billion in 2023.
• In addition, economic growth and rapid urbanization play a pivotal role in driving the demand for goods containing butyl acrylate, such as paints, adhesives, and coatings. Based on the data provided by the World Bank, approximately 56% of the global populace, totaling 4.4 billion individuals, resides in urban areas. This trajectory is anticipated to persist, with urban populations projected to surpass double their current figures by 2050. By this juncture, nearly 70% of the world's inhabitants are forecasted to dwell in urban environments.
• The increasing employment of butyl acrylate in the textile industry as a softening agent to improve the feel, durability, and elasticity of the fabric is strengthening the market growth. Furthermore, butyl acrylate is used in textile treatment procedures to increase the resistance of fabric to stains, dampness, and wrinkles, satisfying changing user demands for high-quality and low-maintenance clothing.
• Butyl acrylate is utilized in adhesives and sealants, where it contributes to superior adhesion, flexibility, and resistance to water and ultraviolet (UV) radiation. The growing cases of skin problems due to UV rays are catalyzing the demand for butyl acrylate. Melanoma, characterized as the most severe variant of skin cancer, has emerged as one of the prevalent cancer types affecting adolescents and young adults aged between 15 to 29. Although constituting approximately 3% of skin cancer incidents, melanoma contributes to over 75% of skin cancer-related fatalities. Moreover, exposure to UV radiation and incidents of sunburn, particularly during childhood, are recognized as significant risk factors associated with this ailment, as stated by the Environmental Protection Agency (EPA).
• Butyl acrylate also finds application in various industries, such as construction for caulks and sealants, packaging for pressure-sensitive tapes and labels, and consumer goods for bonding a variety of materials.
• Apart from this, the growing usage of butyl acrylate in the formulation of plasticizers, which are essential for manufacturing flexible polyvinyl chloride (PVC) and other polymers, is offering a favorable market outlook. According to PVCMED Alliance, PVC is the most common polymer used in medical equipment. PVC holds a 27% market share in Europe and 26% worldwide. It enhances the flexibility, durability, and workability of plastics, which is especially crucial in industries like construction, automotive, and consumer goods.

Butyl Acrylate News

The report covers the latest developments, updates, and trends impacting the global butyl acrylate industry, 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 butyl acrylate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the butyl acrylate price trend.

Latest developments in the butyl acrylate industry:

• In June 2023, BASF started the construction of the new production complex in Zhanjiang, China, for acrylic acid pure, butyl acrylate, and 2-ethylhexyl acrylate, with operations set to begin by 2025. The initiative aims to meet growing demand in Asian markets and enhance supply reliability for key industries like hygiene and coatings.
• In April 2023, Wanhua Chemical announced that the company’s acrylic acid and ester phase II project will build 160,000 tons/year acrylic plant, 400,000 tons/year butyl acrylate plant and supporting public works and auxiliary facilities, which will be located in Penglai Chemical Industry Park Wanhua Penglai Industrial Park.

Product Description

Butyl acrylate is a clear and colorless liquid chemical compound with a strong, characteristic smell. It is primarily manufactured through esterification, which involves reacting acrylic acid with butanol in the presence of a catalyst, typically a strong acid.

Its incorporation into materials result in products that are more resistant to wear and tear, weathering, and chemical exposure. It gives materials elasticity, increasing their flexibility and lowering their susceptibility to fracture under pressure. It helps achieve a glossy finish and vibrant colors that are resistant to fading. Moreover, butyl acrylate contributes to cost savings over time for manufacturers and consumers, by improving the longevity and performance of products. Its importance lies in its broad array of applications, ranging from coatings and adhesives to textiles and sealants, highlighting its role in enhancing product durability and performance.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of butyl acrylate 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 butyl acrylate 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 butyl acrylate price charts ensure our clients remain at the forefront of the industry.