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Acrylic Acid Prices, Trend & Forecasts | Provided by Procurement Resource
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Region/Countries for which Data is available
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Request for Real Time Acrylic Acid Prices: https://www.procurementresource.com/resource-center/acrylic-acid-price-trends/pricerequest
Acrylic Acid is an organic compound and an important unsaturated carboxylic acid with a vinyl group attached to its carboxylic acid terminal. Various polymers are composed of acrylic acid.
It is also referred to as acroleic acid or propenoic Acid. It has a very strong unpleasant odour and is liquid in appearance. The freezing point of acrylic acid is 53 °F.
The chemical formula of Acrylic Acid is C3H4O2, and its molecular weight is 72.06 g/mol. The flash point of acrylic acid is 130 °F and its boiling point is 286 °F.
Acrylic acid is produced from propylene through the oxidation process. Through the first reactor, steam containing propylene, reactant gas, and oxygen is fed into it, wherein molybdenum acts as a catalyst.
After that, multi-component vanadium and molybdenum catalyst are placed around the gas being produced as it is subsequently transported through the second reactor. This equation results in the gasification of acrylic acid, which is then collected as a liquid.
China is the top producer of acrylic acid and is followed by India, Japan, South Korea, and Thailand.
Key Details About the Acrylic Acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acrylic Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Read More: https://www.procurementresource.com/resource-center/acrylic-acid-price-trends
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Acrylic Acid Price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Acrylic Acid Price Trend
The acrylic acid business is driven by the transition from solvent-based to water-borne coatings. Growing industrialization and a thriving automobile sector are encouraging the use of acrylic acid in surface coatings.
Elastomers with an acrylic acid basis are used to make automobile gaskets, hoses, and other things. The need for methacrylate-based polymers has also significantly increased due to the production of glass, lighting fixtures, vehicle rear lights, and electronic displays.
In addition, acrylic acid is used in the textile sector, water treatment, floor polishes, and emulsion coating.
Key Market Players:
The Dow Chemical Company,
BASF SE, LG Chem Ltd.,
Mitsubishi Chemical Corp.,
PJSC Sibur Holdings
News and Events:
April 2022: In China, the company Wanhua will spend USD 3.6 billion for building a chemical complex by the year 2024. It will also produce polypropylene, acrylic acid, polyols, polyether, and propylene oxide.
Related Reports:
Acetyl Oxide Price Trend - https://www.procurementresource.com/resource-center/acetyl-oxide-price-trends
Acetylene Price Trend - https://www.procurementresource.com/resource-center/acetylene-price-trends
Acrolein Price Trend - https://www.procurementresource.com/resource-center/acrolein-price-trends
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About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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