Acrylic Acid Prices Overview

Market Overview

Quarterly Update on Global Acrylic Acid Market
For the Quarter Ending September 2020
The Asian market for Acrylic Acid was seen less rosy in this quarter due to dampened demand from the downstream sectors such as paints, coatings and adhesives amid weak global macroeconomics despite rise in the industrial activity as Covid resurgence continues to pressure demand in several Asian economies. Supply was curtailed amid scheduled turnarounds in Taiwan, Indonesia and Malaysia. The quarter ended with India entering the peak season as it prepares for the Diwali festival. The demand of butyl acrylate, the most actively traded grade among downstream Acrylates in Asia, have been on a downtrend since July.
North America
The North American Acrylic Acid market struggled to perform well during the third quarter owing to hurt dynamics in the United States and Canada. Major Acrylic Acid producers in the region witnessed unchanged quarterly numbers especially despite reportedly slight gain in the demand for construction and packaging adhesives. Even as buying interest continued to improve, resurgence in COVID-19 cases kept the players in confusion. Pricing graph remained pressured but increased moderately in August extending gains of the feedstock Propylene.
Some European Acrylates producers announced maintenance shutdowns in the beginning of the third quarter, thereby tightening the regional availability. Leading producer Arkema announced an increment in the EU Acrylic monomer prices compared to the last quarter to make up for the losses incurred in the previous quarters. Downstream acrylonitrile-butadiene-styrene (ABS) was enjoying healthy margins amid strong demand up tick. Spot ABS prices were heard registering double-digit increase with improving buyer’s response towards the year end.

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Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Pricing Analysis

Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.

Company Profile

Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.


ChemAnalyst gathers information through primary research surveys conducted with various Acrylic Acid manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.
Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Acrylic Acid market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.
Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.
Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Acrylic Acid market.
Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on weekly, monthly and yearly basis.
Finally, region-specific markets for Acrylic Acid are analyzed and region-wise demand pattern is tracked.


Acrylic Acid (also known as propenoic acid) and denoted by the chemical formula CH2=CHCOOH, is a colorless, liquid organic compound consisting of a vinyl group and possessing tart smell. The conventional method to produce Acrylic Acid (AA) involves two-stage catalytic oxidation of Propylene to form acrolein and then crude (unrefined) Acrylic Acid. Players worldwide are devising novel technologies for manufacturing high acrylic acid yields with lesser raw material and energy consumption and having minimal impact on the environment. The crude Acrylic Acid is then purified through distillation steps to yield glacial Acrylic Acid. The most common use of Acrylic Acid is in the production of acrylic esters and resins, which are majorly used to produce coatings and adhesives. Crude AA is predominantly used to manufacture acrylate esters, such as butyl acrylate, ethyl acrylate, 2-ethylhexyl acrylate, and methyl acrylate which are principally used in coatings and paints. Glacial AA is widely used for the production of superabsorbent polymers (SAPs) which are cross-linked polyacrylates with the supreme ability to absorb and retain more than 100 times their own weight in liquid and hence finding popular usage in baby diapers. Acrylic Acid is also used for manufacturing detergent polymers which are homopolymer polyacrylates and copolymers of polyacrylic acid and maleic anhydride used with both zeolites and phosphates in washing powder formulations.