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Korea
China
India
United States
Mexico
Turkey
BrazilIn Q1 2025, Methacrylic Acid prices dropped significantly due to oversupply and weak demand. In China, prices fell by 15.11%, reaching $1663/MT, driven by high production levels and slow demand from industries like adhesives, coatings, and automotive.
Despite stable feedstock prices, growth in key sectors remained sluggish, contributing to the price drop. In South Korea, Methacrylic Acid prices decreased even more sharply, by 27.16%, settling at $1683/MT. The decline was driven by oversupply and weak demand from automotive and construction sectors amid slow economic growth.
These price reductions in China and South Korea impacted importing countries like the USA, India, Turkey, Brazil, and Mexico, raising procurement costs for industries reliant on Methacrylic Acid. The combination of reduced demand and excess supply led to higher production costs, potentially slowing growth in affected sectors.
In Q4 2024, Methacrylic Acid prices dropped significantly in both China and South Korea. In China, prices fell by 20.25% to $1959/MT, driven by weak demand from industries like adhesives, coatings, and automotive, along with oversupply and high inventory levels. In South Korea, prices decreased by 3.99%, settling at $2310/MT, impacted by sluggish demand from automotive and construction sectors, despite steady feedstock availability.
These price reductions in both countries led to higher procurement costs for importing nations, with downstream industries such as automotive, coatings, and construction facing increased cost pressures, offering limited relief despite the price drop.
In Q3 of 2024, Methacrylic Acid prices saw a significant rise in both China and South Korea. In China, prices surged by 15.85%, reaching $2457/MT, while in South Korea, prices increased by 15.82%, settling at $2406/MT. This sharp rise was driven by supply constraints, maintenance shutdowns, and heightened demand across industries such as automotive, chemicals, and coatings.
The increased production costs, coupled with logistical challenges, led to tighter supply in both countries, further pushing up prices. This surge in prices had a notable impact on importing nations like the USA, Mexico, Turkey, Brazil, and India, which rely heavily on Methacrylic Acid imports.
These countries faced higher procurement costs, raising production expenses for downstream industries such as adhesives, rubber, coatings, and automotive. Consequently, manufacturers in these regions saw squeezed profit margins and were likely forced to pass on the increased costs to consumers, potentially slowing economic growth in sectors reliant on Methacrylic Acid.
In Q2 of 2024, Methacrylic Acid prices saw a significant increase in both China and South Korea. In China, prices rose by 18.17%, reaching $2120/MT, while in South Korea, prices climbed by 15.12%, settling at $2077/MT. This price surge was primarily driven by tighter supply conditions due to production adjustments, maintenance shutdowns, and higher demand from key industries such as automotive, chemicals, and coatings.
The increase in consumption and tightened supply resulted in higher prices in both countries. The price increase had a notable impact on importing nations like the USA, Mexico, Türkiye, Brazil, and India, which rely heavily on imports for Methacrylic Acid. These countries faced elevated procurement costs, leading to higher production expenses for downstream industries, including adhesives, rubber, coatings, and automotive.
As a result, manufacturers in these regions experienced squeezed margins and were forced to pass on the increased costs to consumers, potentially dampening economic growth in sectors heavily dependent on Methacrylic Acid.
In Q1 of 2024, Methacrylic Acid prices are expected to experience a decline in both China and South Korea. In China, prices fell by 8.84%, reaching $1794/MT, largely driven by a slowdown in domestic demand, especially from downstream industries such as adhesives, coatings, and automotive.
Seasonal factors, along with a general softening in market activity, contributed to the lower prices. Similarly, in South Korea, prices decreased by 7.95%, settling at $1804/MT. The reduction in prices was driven by weaker demand from key sectors such as electronics, rubber, and adhesives.
While there were some production adjustments to stabilize supply, the overall economic conditions remained sluggish, further exerting downward pressure on prices. Both countries are facing a market environment where reduced industrial activity and seasonal factors have led to an oversupply of Methacrylic Acid, contributing to price drops.
Additionally, ongoing uncertainties in global markets and regional economic slowdowns may continue to influence these trends in the coming months.
In Q1 2025, both CIF Nhava Sheva (China) and Ex-Mumbai prices saw significant declines. The CIF price from China dropped by 14.52%, reaching $1745/MT, reflecting weak demand from key industries like automotive, electronics, and coatings.
In India, Ex-Mumbai Methacrylic Acid prices decreased by 14.41%, settling at $2028/MT, which mirrored the global decline. Weaker demand in domestic sectors such as automotive and coatings, coupled with stable feedstock costs, led to lower procurement prices, impacting production costs for local industries.
In Q4 2024, both regions experienced price drops, though the decline was more pronounced in China. CIF Nhava Sheva prices dropped by 19.54%, reaching $2042/MT due to a seasonal slowdown in demand and oversupply conditions. Similarly, Ex-Mumbai prices decreased by 12.78%, settling at $2369/MT.
The price reduction in India mirrored global trends, with sluggish demand from local industries such as automotive and construction. Economic uncertainty and cautious spending contributed to the subdued market conditions in both regions.
In Q3 2024 price increase in both China and India, was on the rise and it was more pronounced in China. CIF prices at Nhava Sheva increased by 16.15%, reaching $2537/MT due to strong demand from key sectors like automotive and chemicals, alongside supply chain constraints.
In India, Ex-Mumbai prices rose by 7.41%, settling at $2717/MT. The increase was driven by stronger domestic demand from industries like automotive, adhesives, and coatings, with supply limitations helping to support prices.
For Q2 2024, both China and India saw notable price increase in. CIF prices from China surged by 18.02%, reaching $2185/MT, driven by strong demand from the automotive and chemicals sectors. In India, Ex-Mumbai prices rose by 9.76%, reaching $2529/MT, supported by increased demand from domestic industries. Tightened supply conditions and stronger-than-expected consumption contributed to the rise in prices across both markets.
In Q1 2024, while CIF prices from China experienced a slight decline of 7.05%, dropping to $1851/MT, Ex-Mumbai prices in India saw a moderate increase of 4.15%, reaching $2304/MT. The decline in China was driven by weak demand and oversupply, while the rise in India was primarily due to stable domestic demand, especially in the automotive and coatings sectors. The discrepancy in price trends was a result of varying market conditions, with India seeing some resilience despite global softness.
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These events underscore the Methacrylic Acid market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Methacrylic Acid pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Methacrylic Acid is a colourless, viscous organic compound with a sharp, acidic odour, widely used in the production of polymers, coatings, adhesives, and textiles. It is primarily synthesized from feedstocks like acetone and hydrogen cyanide through chemical processes. Renowned for its versatility, Methacrylic Acid serves as a crucial building block in various industrial and commercial applications.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
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.
| Item | Index | Analyst Result | Test Method |
| Appearance | Colourless and transparent, No mechanical impurities | Qualified | Visual |
| Purity(M/M), PCT≤ | 99.5 | 99.92 | Q/0305ZQX-49-2020 |
| Colour (Hazen), ≤ | 10 | 6 | GB/T3143 |
| Density(25) (g/cm3) | 0.99-1.03 | 1.015 | GB/T4472 |
| Moisture%(m/m) ≤ | 0.05 | 0.02 | GB/T6283 |
| Inhibitor ppm | 200±20 | 204 | Q/0305ZQX-049-2020 |
Applications
Methacrylic Acid is a highly versatile compound with extensive applications across various industries due to its chemical reactivity and role as a key intermediate. It is primarily used in the production of methacrylate polymers, widely utilized in paints, coatings, adhesives, and textiles for their durability and performance. In the automotive sector, Methacrylic Acid contributes to the manufacturing of impact-resistant plastics and performance-enhancing additives. Additionally, it plays a vital role in the production of specialty resins, ion exchange materials, and medical-grade polymers. Its importance extends to the synthesis of agrochemicals and applications in construction, where it improves the strength and weather resistance of materials.
Methacrylic Acid prices are influenced by several factors, including raw material costs such as acetone and hydrogen cyanide, energy and utility costs, and supply-demand dynamics in the market. External factors like crude oil price fluctuations, environmental regulations, and geopolitical events also play a role. Additionally, downstream demand from industries like adhesives, coatings, and resins can directly impact pricing trends.
Supply chain disruptions, such as transportation delays, raw material shortages, or production halts due to plant shutdowns, can lead to significant price increases for Methacrylic Acid. Conversely, improved logistics and stable production can result in price stabilization or reductions. Procurement heads should closely monitor global supply chain conditions to anticipate price fluctuations and mitigate risks.
Methacrylic Acid prices vary regionally due to differences in production capacity, feedstock availability, and local demand. For instance, Asia, being a major producer, often offers more competitive pricing compared to North America or Europe. However, tariffs, import duties, and shipping costs can influence the final procurement costs. Procurement teams should evaluate regional price differences and consider sourcing from cost-effective locations to optimize their budget and ensure a stable supply.
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