Acrylic Acid Price History and Forecast Analysis | Provided by Procurement Resource
Posted on 11 January, 2023 by Endru Smith
| Report Features | Details |
| Product Name | Acrylic Acid |
| Region/Countries Covered |
|
| Currency | US$ (Data can also be provided in local currency) |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Request for Real Time Acrylic Acid Prices: https://www.procurementresource.com/resource-center/acrylic-acid-price-trends/pricerequest
Acrylic Acid is a chemical molecule that has a very strong unpleasant odour. It is white liquid in appearance. It is an essential unsaturated carboxylic acid with a vinyl group attached to the carboxylic acid terminal. Most of the polymers are composed of acrylic acid.
The chemical formula of Acrylic Acid is C3H4O2, and its molecular weight is 72.06 g/mol. It is also referred to as Acroleic acid or Propenoic Acid. Respectively, acrylic acid has a Flash point of 130 °F. Boiling point 286 °F, Freezing point 53 °F.
Through oxidation, acrylic acid is obtained from propylene. Steam containing reactant gas, propylene, and oxygen is fed through the first reactor that contains a molybdenum-based catalyst.
The resulting gas is then transported through the second reactor while being surrounded by multi-component vanadium and molybdenum catalysts. Acrylic acid, which is produced as a gas by this equation, is afterward gathered as a liquid.
China is the leading producer of acrylic acid and is followed by India, Japan, Thailand, and South Korea.
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, lithium carbonate price and carbon black price etc. 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.
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 trend, 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 switch to water-borne coatings from solvent-based coatings is driving the acrylic acid industry. The growing industrialization and booming automotive industries which are fostering the acrylic acid industry in surface coating applications.
Automobile gaskets, hoses, and other items all use acrylic acid-based elastomers. Additionally, there has been a major rise in the demand for methacrylate-based polymers in the production of lighting fixtures, glass, vehicle rear lights, and electronic displays.
Other than that, acrylic acid is also utilised in emulsion coating, floor polishes, water treatment, and in the textile industry.
Key Market Players:
• The Dow Chemical Company,
• BASF SE, LG Chem Ltd.,
• Mitsubishi Chemical Corp.,
• PJSC Sibur Holdings
News and Events:
• April 14, 2021: Acrylic Acid is one of the specialised petrochemical products that would be produced at the PDP complex at Kochi Refinery. According to the state-owned Bharat Petroleum Corporation Ltd (BPCL), the Propylene Derivative Petrochemical (PDP) complex at Kochi Refinery has dispatched the first shipment of acrylic acid.
Related Reports:
- Northern Bleached Softwood Kraft (NBSK) Pulp Prices - https://www.procurementresource.com/resource-center/northern-bleached-softwood-kraft-nbsk-pulp-price-trends
- Linerboard Prices - https://www.procurementresource.com/resource-center/linerboard-price-trends
- Viscose Spunlace Prices - https://www.procurementresource.com/resource-center/viscose-spunlace-price-trends
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.
Contact Us:
Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
https://www.edatamine.com/data-entry-services/
19 September, 2019