Ethyl Acrylate Prices

Ethyl Acrylate Prices June 2024

The ethyl acrylate prices in the United States for Q2 2024 reached 1630 USD/MT in June. The region saw a substantial price fluctuation in ethyl acrylate, with robust demand driven by building and seasonal factors. Higher feedstock and operational costs, coupled with inflation, amplified pricing, reflecting an optimistic trend throughout the quarter as demand remained strong.

The price trend for ethyl acrylate in Japan for Q2 2024 settled at 1725 USD/MT in June. There is pessimism in the area's ethyl acrylate market, influenced by low demand for coatings and paints, logistical constraints, and a strong yen. Effective stock control and regulatory exemptions contributed to fluctuating prices, with the market ultimately balancing supply-demand mismatches amidst dynamic pricing trends.

In Germany, the ethyl acrylate prices for Q2 2024 reached 1690 USD/MT in June. The regional market saw moderate price fluctuations in Q2 2024, shaped by feedstock cost rises and labor challenges in construction. Seasonal elements softened demand, stabilizing inventory levels, which contributed to a steady pricing trend within an adverse market condition.

Ethyl Acrylate Prices December 2023

The ethyl acrylate prices in the Mexico for Q4 2023 reached 1705 USD/MT in December. The market witnessed a bullish trend due to strong demand from the paint and coatings sector and limited supply. This demand, coupled with inventory depletion and currency depreciation, led to significant price increases.

The price trend for ethyl acrylate in Japan for Q4 2023, reached 1460 USD/MT in December. The market experienced a significant decline in prices mainly due to the reduced demand from the paints and coatings sector and oversupply issues. The market also experienced a significant decrease over the same period last year, owing to lower consumption rates and fluctuating supply conditions. Overall, the market experienced downward pressure due to weak demand.

The price trend for ethyl acrylate in Germany for Q4 2023, reached 1815 USD/MT in December. The market witnessed gradual increase in prices mainly driven by strong demand from the paints and coatings industry and high feedstock costs for acrylic acid. Despite an overall annual decline, the market showed slight growth from the previous quarter, reflecting increased manufacturing activity and stable supply conditions without plant shutdowns.

The price trend for ethyl acrylate in Brazil for Q4 2023, reached 1715 USD/MT in December. The market witnessed mixed trends throughout the quarter. Initially, high demand from paints and coatings drove prices up, but later, reduced downstream demand and a narrow margin with acrylic acid led to price declines. Market dynamics were shaped by fluctuating supply and demand, reflecting a cautious outlook for the sector.

Regional Coverage

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

Global Ethyl Acrylate Price

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

The report also delves into ethyl 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 ethyl 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 Ethyl Acrylate Price

Q2 2024:

In the second quarter of 2024, the market for ethyl acrylate in Europe saw volatility due to a combination of rising production prices, fluctuating raw material charges, and weak demand from downstream industries. Even while sluggish building demand kept costs stable, higher ethanol rates and financial belief after European Central Bank interest rate decreases affected pricing developments. However, in industries such as building, interruptions including labour strikes and seasonal downturns affected prices. The most volatile country, Germany, experienced price swings as a result of shifting seasonal demand, supply chain dynamics, and changes in the cost of acrylic acid. The general trend showed a cautious, stable market with slight fluctuations in reaction to supply and inventory factors, even if prices stabilized towards the end of the quarter.

Q4 2023:

The European ethyl acrylate market saw a price increase in Q4 2023, largely due to strong demand from the Paints and Coatings sector and a shortage of supply. Rising costs for Acrylic Acid feedstock, driven by higher energy and production expenses, also contributed to the upward price movement. Germany experienced significant price shifts, reflecting changes in manufacturing activity and consumer demand. Although there was a year-over-year decline, quarter-over-quarter prices showed slight growth, suggesting a recovering market. No plant shutdowns were reported, and overall, the European market was shaped by supply constraints and high feedstock costs, leading to an upward price trend during this period.

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

North America Ethyl Acrylate Price

Q2 2024:

The demand from the paint, coatings, and construction industries drove the North American ethyl acrylic market's usually rising pricing trend in Q2 2024. There were a number of influencing factors throughout this time, but production costs increased due to persistent rises in the price of ethanol and acrylic acid. Economic factors, particularly high inflation, also added to the operating expenses, which raised the price of ethyl acrylate. Seasonal demand increases in building during warmer months created significant price variations, especially in the USA. Prices rose due to spikes in demand, indicating a bullish trend in comparison to the prior year. Throughout the quarter, prices rose steadily, reflecting the strong market momentum bolstered by economic and sectoral demand.

Q4 2023:

In Q4, the North American ethyl acrylate market displayed mixed trends, primarily driven by varying demand and supply conditions. Initially, demand surged, causing a rise in prices, but it dipped later as downstream paints and coating sectors slowed down. The absence of plant shutdowns and stable acrylic acid feedstock prices further influenced the market's dynamic. In Mexico, a bullish trend was observed due to strong demand from paints and coatings, limited supply, and inventory depletion. Currency fluctuations, particularly the depreciation of the Mexican Peso against the US Dollar, also shaped the market landscape, contributing to price adjustments. Overall, the market's trajectory was influenced by these complex factors.

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

Middle East and Africa Ethyl Acrylate Price

The report explores the ethyl acrylate 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 ethyl acrylate prices for countries can also be provided.

Asia Pacific Ethyl Acrylate Price

Q2 2024:

The Asia Pacific market for ethyl acrylate in Q2 2024 experienced overwhelmingly pessimistic sentiment influenced by key factors, particularly in China. Initial price hikes were driven by requirement from industries such as animal feed, pharmaceuticals, dietary supplements, and food additives, alongside supply chain challenges and higher production costs. However, as the quarter progressed, prices declined due to weakened demand in paint and coatings and regulatory changes exempting certain players from Bureau of Indian Standards requirements. Port congestion and disrupted supply chains tightened the market, while a stronger yuan reduced global competitiveness. Japan, in particular, experienced notable price shifts, where strategic inventory adjustments amid supply-demand imbalances underscored market volatility and fluctuating trends.

Q4 2023:

In Q4 2023, the Asia-Pacific ethyl acrylate market faced significant fluctuations, driven by rising production costs and transportation expenses. High operating costs and increased freight charges led to a price surge early in the quarter. However, by the end of the quarter, prices fell due to reduced demand from downstream sectors like Paints and Coatings. Japan, in particular, saw a notable decline in prices, reflecting the weak demand and oversupply. The market also faced a substantial year-over-year decrease due to fluctuating supply and demand dynamics, impacting the overall price trend. The combination of high initial costs and low downstream consumption created a volatile market environment throughout the quarter.

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

Latin America Ethyl Acrylate Price

Q2 2024:

The Latin American market for ethyl acrylate in Q2 2024, witnessed a substantial price rise, majorly propelled by increased raw material rates, inflationary pressures, and severe weather events that disrupted production and logistics. Flooding in Brazil notably impacted supply chains, causing delays and significantly elevating freight charges. This disruption, combined with limited inventories, intensified logistical constraints, and added to operational costs. Meanwhile, strong downstream requirement from the building and coatings industries bolstered pricing momentum, creating a distinctly bullish market environment. With elevated freight expenses and production costs unable to meet rising demand, the ethyl acrylate market in Latin America remained robustly inclined, establishing Q2 as a period of strengthened pricing and sustained growth.

Q4 2023:

In Q4 2023, Latin America's ethyl acrylate market saw varied price trends due to fluctuating demand. Early in the quarter, strong demand from the paints and coatings sector and low inventories led to a price increase. However, as the quarter progressed, Brazil's market experienced a bearish trend with reduced demand and a narrow margin between ethyl acrylate and its feedstock, acrylic acid. This led to lower prices by the end of the quarter, reflecting the region's mixed market conditions. Despite these challenges, the market maintained some stability through imports and managed inventories, balancing the supply-demand dynamics.

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

Ethyl Acrylate Price Trend, Market Analysis, and News

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

The report examines the elements influencing ethyl 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.

Ethyl Acrylate Market Analysis

The global ethyl acrylate market size reached US$ 481.7 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 802.2 Million, at a projected CAGR of 5.8% during 2023-2032.

• Ethyl acrylate is a key component in paint and coating formulations, providing greater adhesion, higher durability, and improved water resistance. The increasing construction activities and rising preference for aesthetically pleasing and long-lasting finishes is driving the demand for ethyl acrylate-based products. Based on the data provided by G&P Global, approximately 52% of coatings produced worldwide are used for decorating and protecting new construction and existing structures, while 35% are utilized for industrial products.
• Furthermore, the trend of eco-friendly and low-volatile organic compounds (VOC) paints underscores the importance of ethyl acrylate in developing sustainable solutions that meet regulatory standards and user preferences.
• Stain resistance is enhanced in textiles treated with ethyl acrylate-based formulations, making them simpler to clean and maintain. This quality is preferred in clothing and home textiles like drapes and upholstery.
• It is also employed in the production of non-woven fabrics, a category of textile characterized by its sheet or web structures made from fibers bonded together by mechanical, thermal, or chemical means rather than weaving or knitting. It strengthens the mechanical strength and integrity of non-woven textiles by binding the fibers together. This is critical for applications including filters, geotextiles, and disposable medical clothing that need to be durable.
• Ethyl acrylate is sought after for its role in product formulation, enhancing both the performance and aesthetic qualities of cosmetic products. It is a crucial component of many different types of cosmetics due to its special qualities, which include the ability to build flexible, long-lasting films and work well with other substances. It is utilized in nail polish formulations to create a glossy, strong layer that sticks to the nail surface effectively and extends wear duration while reducing chipping. On the basis of the data provided by the International Trade Administration in 2021, the cosmetics market in Canada generated approximately USD 1.24 billion in revenue. Industry revenue is projected to grow by 1.45% annually, reaching USD 1.8 billion by 2024. It is also employed in hair styling products like gels and sprays, where it adds durability without weakening or breaking the hair.
• Furthermore, it is frequently used in sun protection and skin care products. It is added to formulations to enhance water resistance, improve texture, and increase ultraviolet (UV) filtering efficiency, which are critical for sunscreens and long-wearing skin care products. According to Skin Care Foundation, in 2024, an estimated 8,290 individuals will succumb to melanoma, with 5,430 being men and 2,860 women. The predominant cause of melanoma is sun exposure, with approximately 86 percent of cases linked to ultraviolet (UV) radiation from the sun, as per a UK study.

Ethyl Acrylate News

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

Latest developments in the ethyl acrylate industry:

• In February 2024: The Ministry of Chemicals and Fertilizers issued the ethyl acrylate (Quality Control) Order, which is effective from March 31, 2025. It applies to ethyl acrylate goods in India, requiring compliance with IS 14708:1999 and bearing the Standard Mark. The Bureau of Indian Standards enforces this order.
• In March 2021: BASF has expanded its acrylic dispersions production capacity in Pasir Gudang, Malaysia, doubling its output to serve industries in the Asia Pacific region, including coatings, construction, adhesives, and packaging.

Product Description

Ethyl acrylate is a flammable organic compound that is characterized by its distinctive odor. It is mainly produced by esterifying acrylic acid with ethanol in the presence of a potent acid catalyst. It is vital in the modification of rubber and plastics, enhancing their general performance, flexibility, and resistance to impacts. This makes it essential for creating materials for consumer products, vehicle components, and medical equipment.

Ethyl acrylate-based polymers are employed in the formulations of adhesives for bonding various substrates, including plastics, metals, and wood. These adhesives offer good adhesion strength, flexibility, and weather resistance. It is also used in utilized in the creation of coatings for paper and paperboard to improve printability, surface smoothness, and ink adhesion.

In addition, it is also used in agricultural films and coatings, where it provides qualities including increased resilience and tolerance to environmental stresses, helping to provide protective solutions for crops and agricultural products.

Report Coverage

Key Benefits for Stakeholders:

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