Ethylene Acrylic Elastomer (AEM) Prices

Ethylene Acrylic Elastomer Prices June 2024

The ethylene acrylic elastomer (AEM) prices in the United States for Q2 2024 reached 13,500 USD/MT in June. The market observed a positive price trajectory throughout the quarter, driven by numerous key factors. The market witnessed a consistent increase because of feedstock costs, robust downstream requirements, and supply chain dynamics, especially from the automotive industry.      

The price trend for AEM in Germany for Q2 2024 was 14,300 USD/MT in June. The country faced a drop in prices as compared to early quarter levels. The market was not disrupted by plant shutdowns, and the aerospace industry retained certain requirements, indicating further decreases. As a result, the overall pricing sentiment remained positive.   

Ethylene Acrylic Elastomer Prices December 2023

The ethylene acrylic elastomer prices in the United States for Q4 2023 reached 16,690 USD/MT in December. In the US, the market saw prices rise in the fourth quarter of 2023 due to a recovery in automotive as well as construction sectors. Despite moderate supply levels and supply chain disruptions, including delays from Panama Canal congestion, the market remained robust, reflecting an upward demand trend and higher pricing dynamics.

The price trend for ethylene acrylic elastomer in Asia-Pacific for Q4 2023, reached 14,442 USD/MT in December. The Asia-Pacific region’s ethylene acrylic elastomer industry experienced price increases in the fourth quarter of 2023, driven by strong automotive demand and limited supply. Low production and fewer exporters kept inventories tight, while disruptions in transportation routes further strained the market. The construction sector’s strong performance in countries like India also pushed prices upward.

The price trend for ethylene acrylic elastomer in Germany for Q4 2023, reached 17,280 USD/MT in December. Germany's market at the end of the final quarter of 2023 saw rising prices due to tight supply and modest automotive demand. Falling crude oil rates helped manage manufacturing costs, but higher import costs and port congestion, alongside economic challenges and rising global energy prices, contributed to the overall price rise in the market.

Regional Coverage

The report provides a detailed analysis of the ethylene acrylic elastomer 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 ethylene acrylic elastomer price trend.

Global Ethylene Acrylic Elastomer Price

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

The report also delves into ethylene acrylic elastomer 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 ethylene acrylic elastomer 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 Ethylene Acrylic Elastomer Price

Q2 2024:

Europe’s AEM market saw a price decrease in Q2 2024 largely due to reduced requirements from sectors like automotive and manufacturing. This trend was compounded by rising freight and feedstock costs, along with increased inventory levels and logistical issues, which heightened price fluctuations. In addition, Germany’s AEM prices dipped as compared to early quarter levels. While the aerospace sector maintained some demand, limiting further declines, occasional plant shutdowns did not disrupt the market. The overall pricing sentiment remained positive despite a significant drop from Q1 2024.   

Q4 2023:

At the close of the last quarter of 2023, prices for the European ethylene-acrylic elastomer (AEM) exhibited a positive trend due to constrained supply and modest the vehicle manufacturing industry's demand. Reduction in crude oil rates helped regulate production costs, but geopolitical tensions alongside rerouted shipping lanes led to higher import costs and port congestion. Even so, by keeping a balanced supply-demand dynamic, restricted material availability led to minimal price variations. Economic factors such as declining long-term interest rates across Germany and increasing energy prices across the world also influenced the market. Overall, a mix of geopolitical, economic, and logistical factors contributed to the upward trend in AEM prices in Europe during this period.

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

North America Ethylene Acrylic Elastomer Price

Q2 2024:

North America’s AEM market showed a rising pricing trend in Q2 2024, which can be attributed to the increased feedstock costs for ethylene and acrylic acid. The automotive sector showed strong demand growth, contrasting with slower performance in aerospace. Supply constraints were intensified by extended supply chain buildup activities. In line with this, the Panama Canal’s draught restrictions further complicated logistics, adding strain to supply flows. Seasonal manufacturing demand typically peaks in Q2, reinforcing price increases as compared to Q1.   

Q4 2023:

During the Q4 2023, the market for ethylene acrylic elastomer (AEM) in North America experienced a positive trend, mainly driven by the recovery of the United States vehicle manufacturing and construction sectors. This recovery prompted between average and strong demand for AEM in the US. However, disruptions in global supply chains, along with varying levels of demand from importing nations, created challenges. Despite these disruptions, the market maintained moderate supply levels. The Panama Canal’s vessel draft limitations led to roadblocks and delays in shipping, further complicating logistics. These factors combined to drive up prices by the end of the quarter, despite the stable overall market conditions.

Specific ethylene acrylic elastomer historical data within the United States and Canada can also be provided.

Middle East and Africa Ethylene Acrylic Elastomer Price

The report explores the ethylene acrylic elastomer 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 ethylene acrylic elastomer prices for countries can also be provided.

Asia Pacific Ethylene Acrylic Elastomer Price

Q2 2024:

The Asia-Pacific AEM market saw a slight price decrease in Q2 2024, impacted by rising ethylene costs because of supplier-driven inventory buildup activities. Disruptions in the supply chain, tied to tight inventories and efforts toward stock accumulation, further influenced pricing. India led the Asia Pacific in notable price shifts, with strong downstream requirements from sectors such as automotive and aerospace. In addition, increased manufacturing activity and positive business sentiment sustained AEM demand, creating a favorable pricing environment. While AEM prices in India declined as compared to the previous quarter.    

Q4 2023:

By the end of Q4 2023, the Asia-Pacific region experienced a bullish trend in Ethylene Acrylic Elastomer (AEM) prices, largely driven by strong the automotive industry's demand. Limited production capacity and a reduced number of suppliers led to moderate supply levels, which kept the market tight. The market in India showed particularly strong performance, with notable sales growth and a robust construction sector. This resulted in suppliers raising prices to manage inventories in anticipation of future demand. Additionally, interruptions in shipment courses impacted the overall supply-demand balance, causing further price increases as the quarter closed, despite overall low production output and constrained export levels.

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

Latin America Ethylene Acrylic Elastomer Price

The analysis of ethylene acrylic elastomer 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.

Ethylene Acrylic Elastomer Price Trend, Market Analysis, and News

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

The report examines the elements influencing ethylene acrylic elastomer 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.

Ethylene Acrylic Elastomer Market Analysis

The global ethylene acrylic elastomer market size reached 406.1 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 584.0 Thousand Tons, at a projected CAGR of 4.10% during 2023-2032.

• According to the Association of European Automobile Manufacturers (ACEA), 84.5 million vehicles were produced worldwide in 2022, accounting for an increase of 5.7% as compared to 2021. The thriving automotive industry is catalyzing the demand for ethylene acrylic elastomers (AEMs). Their durability, oil resistance, and heat resistance make them highly suitable for various automotive parts, such as dampers, seals, gaskets, and hoses.
• AEMs are gaining traction due to their ability to perform in extreme conditions of chemicals, temperatures, and pressure.
• The production of AEMs is showing an upward trajectory on account of technological advancements in material science and improvements in processing technologies, leading to the development of AEMs to meet requirements of various industries.
• People are preferring sustainable and environment friendly products due to the growing awareness about the increasing environmental pollution around the world. As a result, AEMs are preferred over other materials on account of their robustness and resistance to harsh chemicals.
• The demand for ethylene acrylic elastomers (AEMs) is further amplified by rapid industrialization in emerging economies, wherein industries required high-performing materials to enhance their productivity.
• The rising awareness among the masses about the negative impact of rubber in the environment is driving the demand for AEMs across the globe. They are widely used as the alternative to rubber owing to their superior qualities.
• As per the IMARC Group’s report, the global electric motor market size reached US$ 111.3 Billion in 2023 and is expected to reach US$ 153.1 Billion by 2032. AEMs are utilized in electric motors, as they require high-quality insulation materials to prevent electrical shorts. As AEMs have high insulating properties, it is a valuable choice for insulating wires and cables in electric motors.
• A favorable trend for the AEM market is also created by the employment of AEMs in the renewable energy sector, especially in solar and wind power facilities, to manufacture protective covers that require extended resistance against ultraviolet (UV) radiation and weathering.

Ethylene Acrylic Elastomer News

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

Latest developments in the ethylene acrylic elastomer industry:

• In 2023, Dow Chemicals and New Energy Blue collaborated to produce bio-based ethylene from renewable agricultural residues.
• In 2023, Zeon Corporation acquired Edge Precision Manufacturing, Inc. to facilitate its business in the field of healthcare and life sciences.

Product Description

Ethylene acrylic elastomer (AEM) is a copolymer of ethylene and methyl acrylate and is known for its durability and heat and oil resistance. It also comprises cross-linking capability, which ultimately results in its high mechanical strength, including elasticity.

Primarily produced through the copolymerization process by mixing ethylene and acrylic acid esters in the presence of third monomer to facilitate cross-linking. Moreover, its ability to maintain high performance and physical integrity in extreme temperatures makes it suitable for the oil and gas industry.

It is also utilized in seals and gaskets in heavy-duty machinery and equipment, highlighting its versatility and applications in several industries. This material also find usage in outdoor applications on account of its resistance to ultraviolet (UV) radiations and weathering conditions.

Report Coverage

Key Benefits for Stakeholders:

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