Ethylhexyl Acrylate Prices December 2023
Product
|
Category |
Region |
Price |
Ethylhexyl Acrylate |
Polymer & Resin |
USA |
1571 USD/MT |
Ethylhexyl Acrylate |
Polymer & Resin |
China |
1787 USD/MT |
Ethylhexyl Acrylate |
Polymer & Resin |
Germany |
1680 USD/MT |
In the USA, the prices of ethylhexyl acrylate increased by 0.8% on a quarter-on-quarter basis reaching 1571 USD/MT (DEL-Louisiana). This increase is despite the weak demand from the paints and coatings industry as well as limited supply. Acrylic Prices were impacted by the cost increases of upstream feedstock Acrylic Acid, but other factors like the overall market conditions were not favorable, which led to the price decrease because of low demands from downstream industries paint and coatings.
The ethylhexyl acrylate price in China rose to a similar trend in the last month of the year showing an increase of 9% that was carried on by the high demand from the Paints and Coating industry along with low stocks. The Q4 trend, seasonality, and the risk-on factor along with its rise by 4.73% quarterly and by 27% yearly were all positive. The price of 1787 USD/MT FOB Qingdao at quarter-end.
In Q4 of 2023, the ethylhexyl Acrylate market in Germany demonstrated a downward cycle. Price dropped by 6.03% compared to Q3 2023 and by 39% compared to Q4 2022. This was a result of the combination of low demand that was seen in the downstream sector, high supply, and the declining prices at feedstock. The economic aspects like inflation and PMI altered the market environment. Last quarter in Germany (FB-Hamburg) the closing price was 1680 USD/MT.
Ethylhexyl Acrylate Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Ethylhexyl Acrylate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of ethylhexyl 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 ethylhexyl acrylate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of ethylhexyl acrylate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing ethylhexyl 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.
Ethylhexyl Acrylate Market Analysis
The global ethylhexyl acrylate market size reached 275.9 Thousand Tonnes in 2023. By 2032, IMARC Group expects the market to reach 410 Thousand Tonnes, at a projected CAGR of 4.50% during 2023-2032.
- The shifting trends towards more environmentally friendly products have prompted manufacturers to innovate and develop products that comply with regulatory standards, rising the adoption of ethylhexyl acrylate in eco-friendly formulations.
- The increasing application in the personal care and cosmetics sector, where ethylhexyl acrylate helps in the formulation of products, requiring film-forming properties, such as nail polishes and hair styling products, enhancing durability and performance.
- Moreover, the rising disposable income has led to an increased demand for high-quality consumer goods, including personal care products and home decor, which, in turn, fuels the demand for advanced materials like ethylhexyl acrylate.
- The packaging industry demands flexible packaging, which requires materials offering clarity, flexibility, and durability, which contributes significantly to the consumption of ethylhexyl acrylate-based polymers.
- The growing trend towards lightweight materials in the transportation industry, aiming to enhance fuel efficiency and reduce carbon emissions, drives the demand for ethylhexyl acrylate in automotive and aerospace applications.
- The growing versatility of ethylhexyl acrylate and biocompatibility make it a valuable component in medical adhesives, coatings for medical devices, and drug delivery systems, supporting the sector's need for safe, reliable, and high-performance materials.
- Continuous innovations in the textiles and fashion industry, where materials require flexibility, durability, and resistance to various chemicals and conditions, also contribute to the demand for ethylhexyl acrylate.
- Continual advancements in chemical processing and polymerization technologies have enabled the production of ethylhexyl acrylate with improved properties, catering to the evolving needs of high-end applications.
- The expanding 3D printing industry, particularly in creating prototypes and finished goods, presents new opportunities for ethylhexyl acrylate, it helps to develop a high-performance resin used in 3D printing processes, catering to industries from manufacturing to biomedicine.
- The augmenting demand for the product in the paints and coatings industry, where there is a need for durable, weather-resistant, and aesthetically pleasing finishes is on the rise.
Ethylhexyl Acrylate News
The report covers the latest developments, updates, and trends impacting the global ethylhexyl 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 ethylhexyl acrylate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ethylhexyl acrylate price trend.
Latest developments in the ethylhexyl acrylate industry:
- On March 20, 2024, LG Chem announced that they will display their eco-friendly plastic materials made from carbon dioxide such as Polyethylene Carbonate (PEC) cosmetic containers during Cosmoprof Bologna 2024.
- On March 13, 2023, BASF has already started construction of a new production complex at its Verbund site in Zhanjiang, China, given the 2025 start, whose capacity will be 400,000 tons of butyl acrylate and 100,000 tons of 2-ethylhexyl acrylate per year. It is being initiated to provide for the growing need for acrylics in the Chinese and Asian markets, which are used in the hygiene and paint industries primarily. Full backward integration of the plant guarantees a defect-free supply of local clients with short delivery lead times.
- On December 14, 2023, Mitsubishi Chemical Corporation has been selected, for 7 years, for the global sustainability index of the DJSI World and the Asia Pacific Index, a recognition of the outstanding sustainability performance of the company based on ESG (Environmental, Social, and Governance) performance. This choice gives away MCG's insistence on out-of-the-box solutions, pepper scenarios of both peoples and the environment with people at their cores standing out against 321 others that were chosen out of 2500 companies from the globe.
Product Description
Ethylhexyl Acrylate (EHA) is a type of organic compound that derives its status as a derivative or ester from acrylic acid; it occurs commonly in the manufacturing of polymers and copolymers. It is prepared via the esterification of 2-ethylhexanol with acrylic acid which includes catalysts like metal oxides to speed up the reaction rate and conversion yield.
It is a well-known colorless liquid with a distinct mustardy smell that is the polymer form found in the form of flexible, weather-resistant polymers. EHA is an extremely important monomer that can bring extraordinary application properties e.g. transparency, crystal water resistance, and glossiness (gloss) when copolymerized with other monomers like styrene, acrylates, or vinyl acetate. It is the main type, which can be divided into different formulations that change the reaction rate and the characteristics of the obtained copolymers to the best for each particular application.
EHA is one of the most useful catalysts in adhesive manufacturing comfort productions, paints, coatings, textiles, and sealants because it improves their performance and lifespan. EHA offers numerous advantages including a longer product life span, beauty amplification, and shielding from surrounding conditions, which make them a valuable and inseparable part of different industrial products.
Regional Coverage
The report provides a detailed analysis of the ethylhexyl 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 ethylhexyl acrylate price trend.
Global Ethylhexyl Acrylate Price
The report offers a holistic view of the global ethylhexyl acrylate pricing trends in the form of ethylhexyl 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 ethylhexyl 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 ethylhexyl 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 Ethylhexyl Acrylate Price
During the last quarter of 2023, the European ethylhexyl acrylate market experienced a drop in prices because there was a surplus supply over sluggish demand from the downstream paints and coatings counter. Part of this bearish movement was an Acrylic Acid price drop while other materials prices were also reduced and hence led to ethylhexyl acrylate cost reduction. Economic factors were also contributing (to the dynamics of the markets), such as Germany’s inflation rate and the Purchasing Managers' Index (PMI). In addition to no plant production that would have decreased supply figures and avoided other market disruptions, the situation remained in high-supply territory, which further dropped the price in the demanding market at the time.
This analysis can be extended to include detailed ethylhexyl acrylate 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 Ethylhexyl Acrylate Price
In the North American market quarter 4 of 2023, the ethylhexyl acrylate market saw a dip which resulted from the weak demand of the paint and coatings industry, as well as the inventory of the product, was adequate. In turn, this efficient provision instigated the producers to scale up the production to a level that is less prone to oversupply thereby encouraging the bearish market mood. This constitution, together with the commodity's slightly lower prices, which experienced a 0.8% decrease from the previous quarter, might be attributed to the reduction in demand for the product. Moreover, the presence of market dynamics was free of disruptions resulting from plant shutdowns, due to none of them occurring during this time, hence revealing the supply-demand imbalance as the major cause of the market trend.
Specific ethylhexyl acrylate 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 Ethylhexyl Acrylate Price
The report explores the ethylhexyl 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 ethylhexyl acrylate 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 Ethylhexyl Acrylate Price
During the last quarter of 2023, the APAC market of ethylhexyl acrylate demonstrated up-swings, with the paints and coatings industry accounting for the demand, the low supply interfering with the supply-demand balance, and leading to rising prices. Market optimism together with expected cost inflation and speculative activities made the market price rise. Apart from that, delays in the supply chain and increasing demand in the region were also two principal factors that affected the market dynamics, forcing the strategy for prices to be adapted to the scenario of growing demand and not insufficient supply, that sounds like the market's reaction to the current situation in the economy and industry.
This ethylhexyl acrylate 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 Ethylhexyl Acrylate Price
The analysis of ethylhexyl 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.
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 |
Ethylhexyl Acrylate |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Ethylhexyl Acrylate 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 ethylhexyl 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 ethylhexyl 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 ethylhexyl acrylate price charts ensure our clients remain at the forefront of the industry.