Ethyl Acrylate Price Trend

Ethyl Acrylate Prices December 2023

In Mexico, significant price changes prompted a bullish market trend, particularly driven by the rising demand from the downstream paints and coatings sector. This increasing demand, along with low supply and greater use of already-existing inventory, led to a considerable price increase, reaching 1705 USD/MT.

The price trend for ethyl acrylate in Japan witnessed a decline in Q4 2023, primarily due to reduced utilization rates from the downstream paints and coating sectors stemming from low demand. This decrease in demand directly influenced prices within the country. Furthermore, a significant drop of -58% in prices was seen in Q4 2023 when compared to the same quarter the previous year, which may be attributed to a variety of market conditions as well as variations in supply and demand.

The price of ethyl acrylate in Germany fluctuated during the quarter, with signs of market improvement indicated by the PMI showing a gradual recovery. There were no plant shutdowns that were reported, in contrast to earlier times. However, there was a 35% decrease in costs when compared to the same quarter last year.

Brazil’s ethyl acrylate prices remained low from the downstream paint and coating sector since November 2023, resulting in a bearish market situation. Additionally, the reduced spread between the end product and its feedstock, acrylic acid, indicated decreased market sentiment for ethyl acrylate.

Ethyl Acrylate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Ethyl Acrylate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” 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.

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 current price of ethyl acrylate 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 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

During the fourth quarter of 2023, the European ethyl acrylate market witnessed a notable price increase. This rise was primarily driven by the high demand from the paint and coatings industry, coupled with a shortage of supply. Moreover, the growing production expenses, particularly in acrylic acid, the key feedstock, due to increased energy costs, exerted additional upward pressure on ethyl acrylate prices.

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

North America Ethyl Acrylate Price

The North American ethyl acrylate market experienced fluctuating trends driven by supply and demand dynamics, plant operations, and currency shifts. Demand increased at first, but in November prices declined on account of the slowdown in the paint and coating industry. Additionally, the cost of acrylic acid upstream affected production costs. The quarter-ending price for ethyl acrylate showcased an increase from the previous quarter.

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

The ethyl acrylate market in the Asia Pacific encountered notable influences on prices. In October, price increases resulted from higher production costs and freight charges due to rising fuel costs, along with high operational costs and better market circumstances. Price fluctuations were caused by rising inventory usage and bulk trade near the conclusion of the quarter. Despite a decline in demand from the paints and coating sectors, prices decreased compared to the previous year and quarter, reflecting the market volatility and complexity.

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

Latin America Ethyl Acrylate Price

The Latin America market for ethyl acrylate saw price increases driven by heightened demand from paints and coating industries and limited storage supplies. This increase prompted heightened imports to mitigate stockpile risks. These dynamics underscored the reliance of the region on external sources to manage demand fluctuations and stabilize pricing amid supply challenges.

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

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.