acrylic acid Pricing Assessment

Markets Covered:

China

Malaysia

Indonesia

Korea

Belgium

Germany

India

United States

Acrylic Acid Price Trend, Analysis and Forecast

As of July 2024, Acrylic Acid prices in China fluctuated around USD 855 per metric ton, reflecting a 1.84% decrease from USD 871 in June. This price shift highlighted market volatility influenced by various supply and demand factors. In Q1 2024, prices averaged USD 790 per metric ton, marking a significant 11% increase to USD 874 in Q2. This rise was largely driven by recovering demand from key sectors such as adhesives and coatings, particularly in construction and automotive applications.

Throughout Q1 and Q2, global supply faced substantial challenges due to maintenance shutdowns at crucial production facilities, which led to reductions in output. Geopolitical tensions in Europe further exacerbated these issues, disrupting the availability of essential feedstocks for Acrylic Acid production. These disruptions tightened the market and contributed to upward price pressure.

In Q3 2024, the Acrylic Acid market is expected to face ongoing upward price pressure, primarily fuelled by robust demand across various sectors. Industries such as adhesives, coatings, and textiles are projected to experience significant growth, driving the need for Acrylic Acid as a critical ingredient. This heightened demand may be exacerbated by seasonal factors and increased manufacturing activities. Additionally, supply chain constraints and rising production costs could limit availability, further contributing to price increases.

Looking ahead to Q4 2024 and beyond, the anticipated expansion of production capacity in North America may help stabilize prices. However, the market is projected to remain volatile through 2030, influenced by geopolitical developments, supply chain adjustments, and evolving demand dynamics. Stakeholders will need to navigate these complexities to effectively manage pricing strategies and investments in the Acrylic Acid market.

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is your trusted resource for tracking global acrylic acid price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the acrylic acid market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence acrylic acid prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely acrylic acid market data.

Track 's acrylic acid price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in acrylic acid prices

Israel-Hamas Conflict (2023-Present): The ongoing conflict has disrupted trade routes and supply chains in the Middle East, impacting the availability and costs of raw materials essential for Acrylic Acid production globally.

Russia-Ukraine Conflict (2022-Present): This ongoing war has severely disrupted production and supply chains across Europe, particularly impacting Belgium and the Netherlands, leading to increased costs and heightened global price volatility.

Global Energy Price Volatility (2021-2022): Fluctuations in crude oil and natural gas prices, particularly in the U.S. and Europe, directly affected the production costs of Acrylic Acid, resulting in periodic price adjustments.

Texas Winter Storm (2021): Severe winter weather in the U.S. resulted in production halts, particularly affecting Acrylic Acid facilities in Texas. This event caused a temporary spike in prices due to supply constraints.

COVID-19 Pandemic (2020): The pandemic initially led to a sharp decline in demand; however, as economies reopened, demand surged in sectors such as packaging and coatings, significantly impacting Acrylic Acid prices.

Environmental Regulations and Protests (2019-Present): Stricter environmental regulations in South Korea and India, along with protests against industrial pollution, have affected production capabilities and increased compliance costs, contributing to price increases.

Anti-Dumping Policies on Chinese Imports (2019-Present): Various countries, including the U.S. and EU member states, have implemented anti-dumping measures against Chinese Acrylic Acid imports. Similarly, India has enacted anti-dumping duties on Chinese Acrylic Acid to protect its domestic industry, contributing to higher prices by limiting competition from lower-cost imports.

Geopolitical Tensions and Trade Wars (2018-2019): The U.S.-China trade war introduced uncertainty in global supply chains, particularly affecting the import and export dynamics for Acrylic Acid, contributing to price instability.

These events underscore the Acrylic Acid market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Methodology and Specifications

acrylic acid Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from various sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions for Acrylic Acid.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Acrylic Acid production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Acrylic Acid supply chain, from raw material availability (e.g., propylene, propane) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Acrylic Acid prices. Our analysis considers potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Acrylic Acid production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in Acrylic Acid demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Acrylic Acid production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to accurately assess current supply availability.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Acrylic Acid production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps predict future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Acrylic Acid pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Acrylic Acid prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions, including best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Acrylic Acid pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

72.06

CAS No

79-10-7

HS Code

29161100

Molecular Formula

C3H4O2

acrylic acid

Acrylic acid (CAS 79-10-7) is an organic compound and the simplest unsaturated carboxylic acid. At room temperature, it exists as a liquid with a distinct acidic and tart odor. In both liquid and vapor forms, it is highly corrosive. Primarily, acrylic acid is utilized in polymer production, with applications in plastics, coatings, adhesives, elastomers, paints, and polishes. It also plays a role in manufacturing hygienic medical products, detergents, and wastewater treatment chemicals. While acrylic acid is considered to have low toxicity due to its corrosive properties, studies indicate potential reproductive hazards. However, conflicting research findings exist regarding its genotoxic effects. Some major manufacturers are BASF SE (Germany), Dow Chemical Company (USA), LG Chem (South Korea).

Packaging Type

Iso tanks, Drums (India)

Grades Covered

Industrial Grade

Incoterms Used

FOB China, FOB Malaysia, FOB Indonesia, FOB South Korea, FOB Belgium, FOB Germany, CIF Nhava Sheva (From China), CIF Houston (From Malaysia and Belgium)

Synonym

prop-2-enoic acid, ethylene carboxylic acid, vinyl formic acid, acroleic acid

Quotation Terms:

25-28 MT, 10 MT (India)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Properties	Value	Units
Purity	99 min	%
Colour	10
Water	0.08	%
Inhibitor Concentration	200	ppm MEHQ
Appearance	Clear colourless liquid

Applications

Acrylic Acid is a versatile compound with a wide range of applications across various industries. It serves as a key raw material in producing superabsorbent polymers, essential for manufacturing disposable diapers and feminine hygiene products. Its ability to absorb large quantities of liquids makes Acrylic Acid invaluable in personal care. Additionally, it is used in coatings, adhesives, and sealants due to its excellent adhesion and durability. In the construction industry, Acrylic Acid is incorporated into paints and emulsions, enhancing flexibility and weather resistance. Its application in construction materials improves durability and extends the lifespan of coatings. The automotive sector also uses Acrylic Acid in lightweight composite materials, contributing to better fuel efficiency and reduced emissions, supporting the industry’s push for sustainability. Acrylic Acid also plays a role in water treatment, where it is used to formulate flocculants that help remove impurities. The textile industry benefits from Acrylic Acid in finishes that improve fabric performance and appearance. With the growing demand for sustainable products, Acrylic Acid is increasingly utilized in developing bio-based materials and environmentally friendly alternatives, underscoring its importance in both industrial and consumer markets.

Disclaimer

Acrylic Acid price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for acrylic acid. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors impact the pricing of Acrylic Acid in the global market? +

The pricing of Acrylic Acid is influenced by several key factors, including the cost of raw materials like propylene and natural gas, fluctuations in crude oil prices, production capacities, and regional supply-demand dynamics. Additionally, global economic conditions, environmental regulations, and trade policies can significantly affect market prices. Procurement heads should monitor these factors to anticipate pricing trends and make informed purchasing decisions.

How do feedstock availability and production capacity affect Acrylic Acid pricing? +

Feedstock availability, particularly of propylene, directly impacts Acrylic Acid pricing. When propylene supplies are constrained due to production issues or increased demand from other industries, Acrylic Acid prices tend to rise. Similarly, production capacity constraints in Acrylic Acid manufacturing can lead to supply shortages and higher costs. Procurement heads should analyze feedstock market conditions and production capabilities to effectively manage procurement strategies and costs.

What are the regional pricing differences for Acrylic Acid, and how do they influence procurement strategies? +

Acrylic Acid prices can vary significantly across regions due to differences in feedstock availability, production infrastructure, and local demand. For instance, regions with abundant propylene supplies, such as North America, may experience lower Acrylic Acid prices compared to areas with limited access to raw materials. Understanding these regional variations enables procurement teams to optimize sourcing strategies, potentially leveraging cost advantages from different markets to achieve better pricing outcomes.

What is the future price outlook for Acrylic Acid, and how can procurement heads prepare? +

The future price outlook for Acrylic Acid will be shaped by trends in raw material availability, production capacity, and market demand from industries such as adhesives, paints, and coatings. Additionally, global economic shifts and regulatory changes focusing on sustainability can impact pricing. Procurement heads should stay informed by tracking market reports, considering long-term contracts with suppliers, and exploring alternative sourcing options to mitigate risks associated with price volatility.