The report provides a detailed analysis essential for establishing an acrylic acid manufacturing plant. It encompasses all critical aspects necessary for acrylic acid production, including the cost of acrylic acid production, acrylic acid plant cost, acrylic acid production costs, and the overall acrylic acid manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating an acrylic acid production plant. These encompass manufacturing processes, raw material requirements, utility requirements, infrastructure needs, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, and more.
The report provides a detailed analysis essential for establishing an acrylic acid manufacturing plant. It encompasses all critical aspects necessary for acrylic acid production, including the cost of acrylic acid production, acrylic acid plant cost, acrylic acid production costs, and the overall acrylic acid manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating an acrylic acid production plant. These encompass manufacturing processes, raw material requirements, utility requirements, infrastructure needs, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, and more.
Acrylic Acid is an organic compound which is witnessing growth due to its application in the production of a wide range of products. It is used for making acrylic esters and resins that find wide use in adhesives and coatings. It also has usage in water and oil treatment chemicals, detergent intermediates, and water-absorbent polyacrylic acid polymers. Moreover, it is used for producing polyacrylates and also as a monomer for polyacrylic and polymethacrylic acids and other acrylic polymers. Additionally, acrylic acid is also used in the manufacture of flocculants, plastics, tackifiers, water-soluble resins and salts.
Acrylic acid market is mainly driven by its demand due to its large-scale application in the preparation of architectural and automobile coatings, adhesives, plasticizers, surfactants products. Its utilization in the preparation of adhesives that provide outstanding adherence to a variety of substrates, including ceramics, metals, wood, and plastics, helps in strengthening its demand in the downstream paints, plastic, construction and aerospace industry.
Therefore, aircraft industries make extensive use of these adhesives. Moreover, it is also used in the production of super absorbent polymers (SAP), which further boosts its market expansion among personal care and hygiene industry. Additionally, there are several factors which influence the industrial acrylic acid procurement, such as the cost and availability of its feedstock such as propylene and acrylonitrile, the market prices, and its distribution which includes trading and transportation, logistics, etc., among others.
According to the acrylic acid manufacturing plant project report, the major raw materials for acrylic acid production include Propylene; Acrylonitrile.
The extensive acrylic acid production cost report consists of these major industrial manufacturing processes:
Acrylic Acid, also known as Acroleic Acid with the chemical formula C3H4O2, is an alpha, beta-unsaturated monocarboxylic Acid where ethene is replaced by a carboxy group. The liquid chemical has the role of a metabolite, and the conjugate acid of an acrylate. The organic compound's appearance is colourless and has a distinct tart/acrid odour. It is water-soluble. Its melting, boiling, and flash point is 141.0°C, 14.0°C and 68°C, respectively. Its molecular mass is 72.06 g/mol, and its density is 1. at 20°C. It is toxic and can lead to irritation in the eyes, skin and mucous membranes in humans.
The price of acrylic acid in the USA for Q4 was USD/MT. It was influenced by several factors, including strong demand from downstream paints and coating enterprises which increased consumption of acrylic acid and low supplies of insufficient inventories.
The price trend for acrylic acid in Mexico experienced significant increasing of 6.02% during the Q4 , reaching USD/MT. This was majorly driven by the increase in demand from various downstream sectors and also the higher prices of polypropylene.
The price trend for acrylic acid in Japan experienced maximum changes, reaching 921 USD/MT, with a decline of 3.13% from the previous quarter. This caused a disrupted supply chain and an imbalanced supply and demand scenario in the country.
In Saudi Arabia, acrylic acid prices experienced a decline, reaching 845 USD/MT. The country experienced a high supply of the commodity in the domestic market, along with the slowing of trading activities among various significant manufacturing units.
Brazils acrylic acid prices were affected by limited supply of the commodity due to the occurrence of severe thunderstorms and floods. The Q4 acrylic acid price was USD/MT.
IMARCs newly published report, titled Acrylic Acid Pricing Report : Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of acrylic acid 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 acrylic acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of acrylic acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing acrylic acid 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.
The global acrylic acid market size reached US$ 14.3 Billion in . By , IMARC Group expects the market to reach US$ 21.6 Billion, at a projected CAGR of 4.70% during -.
The report covers the latest developments, updates, and trends impacting the global acrylic acid 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 acrylic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the acrylic acid price trend.
Latest developments in the acrylic acid industry:
Acrylic acid is a colorless liquid chemical compound with a characteristic odor. It polymerizes to create homopolymers and can be copolymerized with their esters and various other vinyl monomers.
It is a crucial compound in the chemical industry and is majorly employed in the production of several types of polymers and other chemical compounds and components. It is widely adopted to produce coatings, adhesives, sealants, and super absorbent polymers used in various types of hygiene products. It is also employed in the formulation of several sorts of binders, thickeners, and finishing agents used in the textile industry to enhance the properties of fabrics like wrinkle resistance, softness, and color. It is a crucial additive in the production of polyacrylic acid, which is needed as dispersants, scale inhibitors, and flocculants for conducting water treatment processes.
The report provides a detailed analysis of the acrylic acid 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 acrylic acid price trend.
The report offers a holistic view of the global acrylic acid pricing trends in the form of acrylic acid 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 acrylic acid 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 acrylic acid 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.
European acrylic acid prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed acrylic acid 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.In North America, the acrylic acid market has witnessed a bullish trend due to heightened demand from several downstream paints and coating businesses. The heightened consumption also led to low supplies of raw materials and insufficient inventories, propelling suppliers to increase their quotations and their profit margins as well. Moreover, the prices of raw materials like polypropylene, which are used to produce acrylic acid is responsible for driving up the costs.
Specific acrylic acid historical data within the United States and Canada can also be provided.
Region Countries Covered North America United States and CanadaThe acrylic acid market in the Middle East and Africa (MEA) region showcased a bearish sentiment owing to weaker demand fundamentals from downstream businesses. It has led to a decline in prices throughout the region. Apart from this, the heightened supply of acrylic acid and its feedstocks like propylene further contributed to the decrement in prices. The high supply of the commodity in the domestic market is also responsible for decreasing the prices of acrylic acid in the region.
In addition to region-wise data, information on acrylic acid prices for countries can also be provided.
Region Countries Covered Middle East and Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.The acrylic acid pricing in the Asia Pacific region showed a bearish trend due to well-balanced supply and demand scenario and the presence of sufficient inventories. Moreover, the market witnessed limited usage of inventory with lower market fundamentals, leading to a decrement in the price trend. Apart from this, the shutting down of one of the major plants undertaken by China National Offshore Oil Corporation resulted in a decrease of tons of acrylic acid production capacity in the region.
This acrylic acid 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.The analysis of acrylic acid prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region. The limited supply of the commodity caused by the increase in prices of upstream feedstock polypropylene, along with the strong demand for acrylic acid from downstream paints and coatings business, led to an increase in prices in the region.
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.Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
Acrylic Acid is an organic compound which is witnessing growth due to its application in the production of a wide range of products. It is used for making acrylic esters and resins that find wide use in adhesives and coatings. It also has usage in water and oil treatment chemicals, detergent intermediates, and water-absorbent polyacrylic acid polymers. Moreover, it is used for producing polyacrylates and also as a monomer for polyacrylic and polymethacrylic acids and other acrylic polymers. Additionally, acrylic acid is also used in the manufacture of flocculants, plastics, tackifiers, water-soluble resins and salts.
Acrylic acid market is mainly driven by its demand due to its large-scale application in the preparation of architectural and automobile coatings, adhesives, plasticizers, surfactants products. Its utilization in the preparation of adhesives that provide outstanding adherence to a variety of substrates, including ceramics, metals, wood, and plastics, helps in strengthening its demand in the downstream paints, plastic, construction and aerospace industry.
Therefore, aircraft industries make extensive use of these adhesives. Moreover, it is also used in the production of super absorbent polymers (SAP), which further boosts its market expansion among personal care and hygiene industry. Additionally, there are several factors which influence the industrial acrylic acid procurement, such as the cost and availability of its feedstock such as propylene and acrylonitrile, the market prices, and its distribution which includes trading and transportation, logistics, etc., among others.
According to the acrylic acid manufacturing plant project report, the major raw materials for acrylic acid production include Propylene; Acrylonitrile.
The extensive acrylic acid production cost report consists of these major industrial manufacturing processes:
Acrylic Acid, also known as Acroleic Acid with the chemical formula C3H4O2, is an alpha, beta-unsaturated monocarboxylic Acid where ethene is replaced by a carboxy group. The liquid chemical has the role of a metabolite, and the conjugate acid of an acrylate. The organic compound's appearance is colourless and has a distinct tart/acrid odour. It is water-soluble. Its melting, boiling, and flash point is 141.0°C, 14.0°C and 68°C, respectively. Its molecular mass is 72.06 g/mol, and its density is 1. at 20°C. It is toxic and can lead to irritation in the eyes, skin and mucous membranes in humans.
The price of acrylic acid in the USA for Q4 was USD/MT. It was influenced by several factors, including strong demand from downstream paints and coating enterprises which increased consumption of acrylic acid and low supplies of insufficient inventories.
The price trend for acrylic acid in Mexico experienced significant increasing of 6.02% during the Q4 , reaching USD/MT. This was majorly driven by the increase in demand from various downstream sectors and also the higher prices of polypropylene.
The price trend for acrylic acid in Japan experienced maximum changes, reaching 921 USD/MT, with a decline of 3.13% from the previous quarter. This caused a disrupted supply chain and an imbalanced supply and demand scenario in the country.
In Saudi Arabia, acrylic acid prices experienced a decline, reaching 845 USD/MT. The country experienced a high supply of the commodity in the domestic market, along with the slowing of trading activities among various significant manufacturing units.
Brazils acrylic acid prices were affected by limited supply of the commodity due to the occurrence of severe thunderstorms and floods. The Q4 acrylic acid price was USD/MT.
IMARCs newly published report, titled Acrylic Acid Pricing Report : Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of acrylic acid 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 acrylic acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of acrylic acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing acrylic acid 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.
The global acrylic acid market size reached US$ 14.3 Billion in . By , IMARC Group expects the market to reach US$ 21.6 Billion, at a projected CAGR of 4.70% during -.
The report covers the latest developments, updates, and trends impacting the global acrylic acid 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 acrylic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the acrylic acid price trend.
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Latest developments in the acrylic acid industry:
Acrylic acid is a colorless liquid chemical compound with a characteristic odor. It polymerizes to create homopolymers and can be copolymerized with their esters and various other vinyl monomers.
It is a crucial compound in the chemical industry and is majorly employed in the production of several types of polymers and other chemical compounds and components. It is widely adopted to produce coatings, adhesives, sealants, and super absorbent polymers used in various types of hygiene products. It is also employed in the formulation of several sorts of binders, thickeners, and finishing agents used in the textile industry to enhance the properties of fabrics like wrinkle resistance, softness, and color. It is a crucial additive in the production of polyacrylic acid, which is needed as dispersants, scale inhibitors, and flocculants for conducting water treatment processes.
The report provides a detailed analysis of the acrylic acid 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 acrylic acid price trend.
The report offers a holistic view of the global acrylic acid pricing trends in the form of acrylic acid 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 acrylic acid 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 acrylic acid 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.
European acrylic acid prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed acrylic acid 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.In North America, the acrylic acid market has witnessed a bullish trend due to heightened demand from several downstream paints and coating businesses. The heightened consumption also led to low supplies of raw materials and insufficient inventories, propelling suppliers to increase their quotations and their profit margins as well. Moreover, the prices of raw materials like polypropylene, which are used to produce acrylic acid is responsible for driving up the costs.
Specific acrylic acid historical data within the United States and Canada can also be provided.
Region Countries Covered North America United States and CanadaThe acrylic acid market in the Middle East and Africa (MEA) region showcased a bearish sentiment owing to weaker demand fundamentals from downstream businesses. It has led to a decline in prices throughout the region. Apart from this, the heightened supply of acrylic acid and its feedstocks like propylene further contributed to the decrement in prices. The high supply of the commodity in the domestic market is also responsible for decreasing the prices of acrylic acid in the region.
In addition to region-wise data, information on acrylic acid prices for countries can also be provided.
Region Countries Covered Middle East and Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.The acrylic acid pricing in the Asia Pacific region showed a bearish trend due to well-balanced supply and demand scenario and the presence of sufficient inventories. Moreover, the market witnessed limited usage of inventory with lower market fundamentals, leading to a decrement in the price trend. Apart from this, the shutting down of one of the major plants undertaken by China National Offshore Oil Corporation resulted in a decrease of tons of acrylic acid production capacity in the region.
This acrylic acid 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.The analysis of acrylic acid prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region. The limited supply of the commodity caused by the increase in prices of upstream feedstock polypropylene, along with the strong demand for acrylic acid from downstream paints and coatings business, led to an increase in prices in the region.
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.Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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