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Acrylic Acid Prices, Demand, News, Chart and Forecast

10-14-2024 09:47 AM CET | Chemicals & Materials

Press release from: IMARC Group

Acrylic Acid Prices

Acrylic Acid Prices

๐€๐œ๐ซ๐ฒ๐ฅ๐ข๐œ ๐€๐œ๐ข๐ ๐๐ซ๐ข๐œ๐ž๐ฌ ๐ˆ๐ง ๐”๐’๐€

โ€ข ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: 1470 USD/MT

The price of acrylic acid in the USA for Q4 2023 was 1470 USD/MT

The latest IMARC Group report, "๐€๐œ๐ซ๐ฒ๐ฅ๐ข๐œ ๐€๐œ๐ข๐ ๐๐ซ๐ข๐œ๐ž๐ฌ, ๐“๐ซ๐ž๐ง๐, ๐‚๐ก๐š๐ซ๐ญ, ๐ƒ๐ž๐ฆ๐š๐ง๐, ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ž๐ฐ๐ฌ, ๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ƒ๐š๐ญ๐š ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ ๐„๐๐ข๐ญ๐ข๐จ๐ง," presents a detailed analysis of ๐€๐œ๐ซ๐ฒ๐ฅ๐ข๐œ ๐€๐œ๐ข๐ ๐๐ซ๐ข๐œ๐ž๐ฌ, offering key insights into global market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market. The analysis delves into the factors driving these trend, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

For strategic planning, the report provides price forecasts, allowing businesses to anticipate price shifts and make informed decisions about procurement and investment. The forecast draws on historical data, market trends, and key economic indicators, ensuring a reliable outlook for stakeholders. Additionally, the inclusion of the price index offers a broader view of market performance over time, providing a valuable benchmark for evaluating market trends. With these insights, the report equips industry stakeholders with the tools needed to navigate the complex global Acrylic Acid market and optimize their strategies in response to evolving conditions.

๐€๐œ๐ซ๐ฒ๐ฅ๐ข๐œ ๐€๐œ๐ข๐ย  ๐๐ซ๐ข๐œ๐ž๐ฌ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข ๐Œ๐ž๐ฑ๐ข๐œ๐จ: 1520 USD/MT
โ€ข ๐‰๐š๐ฉ๐š๐ง: 921 USD/MT
โ€ข ๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š: 845 USD/MT
โ€ข ๐๐ซ๐š๐ณ๐ข๐ฅ: 1530 USD/MT

๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ข๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ถ๐—ป๐—ด:

โ€ข ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription
โ€ข ๐—ค๐˜‚๐—ฎ๐—ฟ๐˜๐—ฒ๐—ฟ๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription
โ€ข ๐—•๐—ถ๐—ฎ๐—ป๐—ป๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€: Annual Subscription

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: https://www.imarcgroup.com/acrylic-acid-pricing-report/requestsample

The study examines the key factors driving price variations, focusing on shifts in raw material costs, the balance between supply and demand, and the impact of geopolitical influences. It also considers sector-specific developments that play a critical role in shaping market prices. By analyzing these elements, the report offers valuable insights into the underlying causes of price fluctuations, helping businesses and investors understand market behavior more effectively.

In addition, the report provides the latest market updates, ensuring stakeholders are informed about recent fluctuations, regulatory changes, and technological advancements. This comprehensive resource equips decision-makers with the necessary tools to enhance their strategic planning and improve forecasting accuracy. Through this analysis, the report becomes an indispensable asset for anyone looking to navigate the complexities of the Acrylic Acid market and optimize future strategies.

๐€๐œ๐ซ๐ฒ๐ฅ๐ข๐œ ๐€๐œ๐ข๐ย  ๐๐ซ๐ข๐œ๐ž ๐“๐ซ๐ž๐ง๐- ๐‹๐š๐ฌ๐ญ ๐๐ฎ๐š๐ซ๐ญ๐ž๐ซ

The acrylic acid market is driven by several key factors, primarily the increasing demand for superabsorbent polymers (SAPs) used in personal care products, diapers, and adult incontinence products. This growing consumer preference for hygiene products is a significant contributor to acrylic acid's rising usage. Additionally, the construction industry's expansion, particularly in emerging economies, fuels the demand for acrylic-based paints and coatings, which offer superior performance and durability.

Technological advancements in production processes also play a crucial role, as innovations lead to more efficient and cost-effective manufacturing methods, enhancing the overall market supply. Furthermore, the automotive industry's shift towards lighter materials and improved fuel efficiency has led to increased use of acrylic acid in automotive coatings and adhesives. Environmental regulations encouraging the use of water-based coatings instead of solvent-based ones further bolster demand for acrylic acid, as it is a key component in eco-friendly formulations.ย 

๐†๐ž๐ญ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ƒ๐ž๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐€๐ญ: https://www.imarcgroup.com/acrylic-acid-pricing-report

๐€๐œ๐ซ๐ฒ๐ฅ๐ข๐œ ๐€๐œ๐ข๐ย  ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

In the second quarter of 2024, the North American acrylic acid market faced a persistent downward trend in prices, influenced by various factors that collectively exerted bearish pressure on the industry. While upstream markets experienced rising crude oil and propylene prices, typically associated with increased production costs, the prevailing market sentiment was dominated by high inventory levels and weak demand from critical downstream sectors such as coatings and construction. This excess supply, coupled with diminishing consumption, led to a significant softening of prices across the region.ย 

In the second quarter of 2024, the acrylic acid market in the Asia-Pacific region observed a notable rise in prices, driven by various interrelated factors. A significant increase in feedstock propylene prices played a crucial role, alongside heightened demand from downstream industries such as paints and coatings. Rising operational costs, largely attributed to escalating energy prices, further impacted production expenses. Additionally, supply chain disruptions, partly due to regional festive celebrations, limited availability and contributed to the upward price momentum. As a result, market participants adopted a cautious stance, ensuring stable supply levels amid rising costs.ย 

In the second quarter of 2024, the acrylic acid market in Europe faced significant challenges, characterized by a consistent decline in prices influenced by various factors. A primary concern was the sluggish demand from downstream sectors, particularly coatings and construction, which remained uninspired despite efforts by the European Central Bank to stimulate economic activity through interest rate adjustments. This subdued demand, coupled with high inventory levels, created a cautious atmosphere among market participants, who adapted their production rates and trading practices accordingly to align with the lackluster consumption patterns.ย 

In the second quarter of 2024, the acrylic acid market in the Middle East and Africa (MEA) region demonstrated a period of stability, with prices remaining relatively stable throughout the quarter. This equilibrium was a result of a balanced interplay between supply and demand, supported by consistent production costs and moderate growth in downstream sectors, including construction and coatings. Effective inventory management and strategic procurement practices further contributed to the maintenance of a stable pricing environment, despite the competitive tensions that existed among market participants.ย 

In the second quarter of 2024, the South American acrylic acid market exhibited a mixed trend, particularly noticeable in the first half of the quarter. Initially, the market experienced an upward trajectory due to a supply shortage that could not satisfy the demand from the downstream construction sector, including paints and coatings. Compounding this issue was a disruption in the supply chain caused by drought conditions affecting the Panama Canal, which delayed shipments from the U.S. to Brazil. Fortunately, conditions in the Panama Canal began to improve with the onset of the traditional rainy season, offering hope for better supply flow.ย 

๐’๐ฉ๐ž๐š๐ค ๐“๐จ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ : https://www.imarcgroup.com/request?type=report&id=22386&flag=C

โ€ข ๐—”๐˜€๐—ถ๐—ฎ ๐—ฃ๐—ฎ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
โ€ข ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
โ€ข ๐—ก๐—ผ๐—ฟ๐˜๐—ต ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: United States and Canada
โ€ข ๐—Ÿ๐—ฎ๐˜๐—ถ๐—ป ๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
โ€ข ๐— ๐—ถ๐—ฑ๐—ฑ๐—น๐—ฒ ๐—˜๐—ฎ๐˜€๐˜ & ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

๐—ก๐—ผ๐˜๐—ฒ: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐˜‚๐˜€:

๐—œ๐— ๐—”๐—ฅ๐—– ๐—š๐—ฟ๐—ผ๐˜‚๐—ฝ
134 N 4th St. Brooklyn, NY 11249, USA
๐—˜๐—บ๐—ฎ๐—ถ๐—น: sales@imarcgroup.com
๐—ง๐—ฒ๐—น ๐—ก๐—ผ:(๐——) +91 120 433 0800
๐—จ๐—ป๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐˜€: +1-631-791-1145

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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