For the Quarter Ending March 2025
North America
In Q1 2025, the North American Ethyl Acrylate market consistently reflected a bearish, shaped by a combination of economic uncertainty, weak downstream demand, and cautious procurement behavior across industries. January began with subdued sentiment as the construction sector experienced its typical seasonal slowdown, compounded by hesitation ahead of anticipated policy changes under the incoming administration. Market participants were wary of making large-scale commitments, given the unclear direction of potential trade and economic reforms. Harsh winter conditions, including a polar vortex, further disrupted industrial operations and logistics, limiting demand from key downstream sectors such as coatings and adhesives.
In February, although weather-related disruptions began to ease, the market remained under pressure from lingering concerns about tariff developments and broader economic stability. Buyers adopted a restrained approach, avoiding bulk purchases and instead focusing on managing existing inventories.
By March, while logistical operations improved and the resolution of labor disputes provided some support, demand remained largely stagnant. Businesses continued to exercise caution, holding off on new projects amid an uncertain economic environment. Suppliers, in response, refrained from price hikes, focusing on inventory management rather than volume-driven strategies. Overall, the quarter ended with the market in a bearish state, dominated by limited activity and cautious sentiment.
APAC
In Q1 2025, the Ethyl Acrylate market in the APAC region experienced a shift from bullish to bearish sentiment, driven by evolving supply-demand dynamics and external economic factors. In South Korea, January and February saw a bullish trend, primarily fueled by heightened market activity ahead of the Lunar New Year. Buyers rushed to replenish inventories in anticipation of holiday-related disruptions, while port congestion and equipment shortages in China tightened supply chains, driving up import costs and reinforcing positive market sentiment. Additionally, high interest rates raised operational costs, indirectly supporting price firmness as sellers maintained elevated quotations to cover financial pressures. Even after the holidays, February maintained this bullish tone as South Korean buyers resumed procurement to restore depleted inventories, temporarily boosting trade volumes and sustaining higher price levels. However, by March, bullish momentum had faded. Import costs stabilized, and the downstream construction sector continued to face prolonged weakness, reducing consumption of ethyl acrylate. With inventories now sufficiently stocked and domestic demand failing to recover, market participants adopted a cautious stance. Reduced urgency in purchasing, coupled with competitive import pricing from China, pressured suppliers to adjust quotations downward. This marked a clear transition to bearish sentiment, as confidence waned and market activity slowed through the end of the quarter.
Europe
In Q1 2025, the Ethyl Acrylate market in the European region remained under persistent bearish pressure, shaped by a combination of weak demand and macroeconomic uncertainty. In January, the market sentiments remained bearish as the downstream construction sector struggled with seasonal slowdowns and broader economic challenges. The Paints and Coatings sector offered some support, but it was insufficient to spark a broader market rebound. Moving into February, bearishness deepened as demand remained sluggish, and no significant recovery was observed across end-use industries. Suppliers continued to face a lack of new orders, while export activity declined amid Germany’s faltering economic outlook. Inventory levels remained adequate, enabling suppliers to fulfill demand without upward pricing pressure. By March, bearish trends became more pronounced as feedstock prices declined and trading activity slowed further. Buyers prioritized fulfilling existing contracts over new procurement, while spot market activity dropped significantly. Despite some logistical delays due to port congestion, abundant supply, and low consumption levels overshadowed any potential supply disruptions. The construction sector’s prolonged weakness, combined with limited industrial confidence, reinforced a cautious market environment throughout the quarter, preventing any meaningful price recovery and sustaining a bearish sentiment across Germany’s Ethyl Acrylate market.
South America
In Q1 2025, the South American ethyl acrylate market experienced persistent bearish sentiment, driven by a confluence of weak demand, economic uncertainty, and cautious market behavior. In January, the market remained stable but subdued as seasonal slowdowns in construction activity and hesitation among buyers—due to anticipated policy shifts in the U.S.—curbed new project starts. This uncertainty, compounded by global geopolitical concerns, eroded business confidence and discouraged fresh investments in the downstream coating and construction sectors. February followed a similar trajectory, with businesses continuing to operate conservatively amid depreciating currency values and rising interest rates, which further constrained purchasing power. Ample inventories from earlier months reduced the urgency for procurement, leading to limited market movement. By March, the bearish outlook deepened as demand remained muted and concerns over potential tariffs and fiscal tightening policies further dampened sentiment. The Brazilian Central Bank’s move to raise interest rates, aimed at controlling inflation, added additional strain on industrial activity and buyer confidence. Throughout the quarter, suppliers avoided aggressive pricing strategies and instead adopted a cautious, wait-and-see approach. The persistent economic and policy-related uncertainties, along with lackluster performance in key end-use sectors, kept the market subdued and reinforced the ongoing bearish sentiment.
For the Quarter Ending December 2024
North America
In the final quarter of 2024, the US ethyl acrylate market continued to show bearish trends due to reduced production costs and weak demand from downstream sectors like coating and construction. This decline was driven by lower prices for feedstocks ethanol and acrylic acid. Market conditions of ethyl acrylate were further challenged by economic factors such as Hurricane Milton's disruption of construction projects and the International Longshoremen's Association strike impacting major ports.
Additionally, the declining performance of the construction sector, as reported by the U.S. Census Bureau, resulted in ample inventories. Although the Federal Bank's interest rate cut aimed to boost demand, it had minimal effect. Market participants faced high inventory levels and reduced demand with no significant new orders. The market maintained a cautious approach amid economic and political uncertainties, including Donald Trump's 2024 presidential victory, which ensured the bearish market sentiment. Overall, the quarter experienced limited trading activity, with the market sentiment of ethyl acrylate remaining cautious and bearish.
APAC
During Q4 2024, the ethyl acrylate market in Asia experienced mixed sentiments due to rising production costs and external economic factors. Initially, the market witnessed an incline amid fluctuations in feedstocks like acrylic acid and ethanol. However, by November, the market outlook turned bearish. In Japan, the increased feedstock costs and economic pressures, such as challenges in the construction sector and high bankruptcy rates among companies, created significant volatility. Occasional bullish influences came from external economic activities, including increased trade flows from China post-Golden Week. Despite this, the struggles in the construction sector and labor shortages continued to weigh heavily on the market. Economic and political uncertainties, including the impact of recent interest rate hikes and labor cost inflation, further influenced market sentiments. As a result, the bearish sentiment persisted towards the end of the quarter as market participants focused on maintaining inventory levels amidst these challenges. This period reflected a restrained market environment for ethyl acrylate in Japan, highlighting the impact of both internal and external factors on market dynamics.
Europe
In Q4 2024, the European ethyl acrylate market exhibited bearish sentiments due to declining production costs and weak demand from the Coating and Construction sectors. A key factor was the reduction in feedstock acrylic acid and ethanol prices, which lowered manufacturing expenses. The European construction industry faced persistent challenges, including subdued activity and weak demand for materials. The German construction sector, in particular, experienced a sharp decline in new orders for ethyl acrylate, growing pessimism, and significant job cuts, further reducing demand. Consumer confidence was low, leading to decreased purchasing activity. Despite price reductions, bearish conditions prevailed due to eroded consumer confidence. The European Central Bank's interest rate cuts aimed at countering weakening inflation did not alleviate market pressures. Consequently, the market remained bearish with lower quotations, reflecting subdued activities and lackluster demand trends. Business confidence in Germany fell, influenced by governmental changes and the threat of trade tariffs, while rail freight disruptions exacerbated market conditions. This ongoing trend highlighted the challenging environment for the European ethyl acrylate market.
South America
During Q4 2024, the ethyl acrylate market in Brazil displayed bearish trends, primarily due to reduced production costs driven by declining prices of feedstocks like ethanol and acrylic acid. This trend was exacerbated by subdued demand from downstream sectors, particularly coatings and construction, reinforcing the bearish sentiment. The International Longshoremen’s Association strike in the US disrupted supply chains but had minimal positive impact on the market due to existing ample inventory levels meeting the reduced demand. Additionally, challenges within the construction sector and overall economic uncertainties, such as high inflation and weak investor sentiment, contributed to the market's downturn. Despite the Brazilian government's focus on infrastructure development and public-private partnerships, new orders for ethyl acrylate continued to decline, reflecting declining import costs and competitive pressures. Business confidence waned, leading market participants to adopt cautious approaches, with strategies focused on maintaining stability rather than growth. This collective interplay of economic factors, supply chain disruptions, and cautious procurement activities underscored the persistent bearish conditions in the Brazilian ethyl acrylate market throughout the quarter, reflecting a challenging business environment.
For the Quarter Ending September 2024
North America
In Q3 2024, the North American Ethyl Acrylate market exhibited a persistent decline in prices, influenced by a combination of factors. The market recorded a 9% drop compared to the same quarter in 2023, highlighting an ongoing downward trend. Throughout the quarter, prices remained stable, with no significant changes from the previous quarter, maintaining a flat trajectory. However, there was a slight -1% price reduction between the first and second half of the quarter, indicating some pricing pressure during this period.
Mexico experienced the most notable price fluctuations, with Ethyl Acrylate prices falling to USD 1800/MT CFR Manzanillo by the end of the quarter. This decline was driven by several factors, including weakened demand from key downstream sectors such as coatings and adhesives, stable feedstock prices, and an accumulation of high inventory levels. These elements contributed to the overall downward pressure on prices across the region.
The market in Mexico mirrored broader North American trends, with price shifts reflecting seasonal demand patterns. Despite a stable market for much of the quarter, the sentiment surrounding Ethyl Acrylate remained negative, pointing to ongoing market challenges during Q3 2024.
APAC
Throughout Q3 2024, the Ethyl Acrylate market in the APAC region has displayed a bullish pricing environment. Several factors have contributed to this bullishness. Firstly, increasing production costs in the feedstock market, ethanol, and acrylic acid prices, have helped shift the trend of the commodity upwards. Furthermore, the downstream Coating and Construction sectors have showcased a rise in the demand for the commodity along with insufficient inventory levels which resulted in a surge in the prices of Ethyl Acrylate. Japan, in particular, has experienced the most significant price changes in the region. Despite overall bullishness, Japan witnessed a -20% decrease in Ethyl Acrylate prices compared to the same quarter last year. However, in Q3 2024, there was a 3% increase from the previous quarter. Notably, there was no price variation between the first and second half of the quarter. The quarter-ending price for Ethyl Acrylate in Japan stood at USD 1310/MT CFR Tokyo, reflecting the prevailing stable sentiment in the market.
Europe
In Q3 2024, the European Ethyl Acrylate market experienced a decline, with Germany witnessing the most significant price reductions. Several factors contributed to this downward trend, including lower production costs driven by decreasing prices of key feedstocks such as ethanol and acrylic acid. Additionally, weak demand from crucial sectors like construction and coatings exacerbated the market’s challenges. The European construction industry faced persistent hurdles, such as low property values and restrictive lending conditions, which negatively impacted the demand for ethyl acrylate. Logistical disruptions at ports added further uncertainty to the market, although high inventory levels helped maintain a stable supply flow. Germany, in particular, saw a -13% decrease in Ethyl Acrylate prices compared to the same quarter last year, with no change from the previous quarter. This stagnation reflected the broader market’s sluggishness. Overall, Q3 2024 displayed a negative pricing environment across Europe, characterized by declining prices, subdued demand, and a difficult operating landscape for Ethyl Acrylate producers and buyers alike.
South America
In Q3 of 2024, the South American region witnessed a decline in Ethyl Acrylate prices, with Brazil experiencing the most significant price changes. This quarter has been characterized by a consistent downward trend in market prices, influenced by several key factors. Reduced demand from downstream sectors, particularly in the coating and construction industries, played a pivotal role in driving prices lower. The ample supply of Ethyl Acrylate further exacerbated the pricing decline, as producers struggled to match supply with dwindling demand. Additionally, fluctuations in production costs, primarily driven by varying feedstock prices for ethanol and acrylic acid, added to the downward pressure on market prices. In Brazil specifically, the pricing environment remained negative throughout the quarter. The correlation between price changes in the first and second half of the quarter indicated a consistent decline, reflecting the overall bearish sentiment in the market. Notably, when compared to the same quarter last year, prices have dropped by 9%, underscoring the sustained downward trajectory in Ethyl Acrylate pricing.
For the Quarter Ending June 2024
North America
In Q2 2024, the North American Ethyl Acrylate market experienced a notable upward trajectory, primarily driven by heightened demand from downstream sectors such as construction, paint, and coatings. This quarter witnessed several significant factors influencing market prices. Foremost, a sustained increase in feedstock costs, including Acrylic Acid and Ethanol, exerted upward pressure on production expenses. Additionally, economic indicators, such as high inflation rates, contributed to increased operational costs, further escalating Ethyl Acrylate prices.
Focusing on the USA, which saw the most pronounced price changes, the overall trend for Ethyl Acrylate was markedly bullish. Seasonality played a crucial role, with peak construction activities during the warmer months amplifying demand. Concurrently, there was a 15% year-over-year price surge, underscoring robust market dynamics compared to the same period last year. Quarter-over-quarter, prices escalated by 4%, reflecting consistent upward momentum. Further dissecting the quarter, the first half saw a 3% price increment compared to the second half, indicating a steady rise in prices throughout Q2.
The price of Ethyl Acrylate concluded the quarter at USD 1675/MT DEL Louisiana, reflecting a positive pricing environment driven by robust demand and elevated feedstock costs. This steady increase in Ethyl Acrylate prices highlights a positive market sentiment, influenced significantly by external economic factors and seasonal demand surges, ultimately solidifying Q2 as a period of growth and pricing strength in the North American region.
APAC
In Q2 2024, the Ethyl Acrylate market in the APAC region exhibited a predominantly bearish sentiment, driven by an array of significant market dynamics. Key factors influencing the prices included weak demand from downstream sectors such as Paint and Coatings, which resulted in lower consumption rates. Regulatory changes exempting certain market participants from Bureau of Indian Standards (BIS) requirements also played a role in affecting overall market conditions. Additionally, logistical challenges, such as port congestions and supply chain disruptions, further tightened supply, however, due to the weak demand, the market showcased bearish market sentiments. Focusing on Japan, the market witnessed the most pronounced price changes within the APAC region. The overall trends indicated a significant correlation between seasonal demand and price decrease, particularly influenced by strategic inventory management and lowered trading activities amidst supply-demand imbalances. The comparison to the same quarter last year revealed a stark -24% change, underscoring the volatility and dynamic nature of the market. When juxtaposed with the previous quarter in 2024, prices fell by -9%, signaling a fluctuating trend. The price comparison between the first and second half of the quarter marked a minor 1% increase, reflecting steady market sentiment and consistent demand patterns. Concluding Q2 2024, the latest price for Ethyl Acrylate in Japan stood at USD 1270/MT CFR Tokyo, indicating a stable yet decreasing pricing environment.
Europe
In Q2 2024, the Ethyl Acrylate market in Europe experienced notable fluctuations, largely driven by varying trends in feedstock prices and shifting demand dynamics across downstream sectors. The increased production costs due to rising Ethanol prices, combined with the overall economic optimism following the European Central Bank's interest rate cuts, played a substantial role in influencing market prices. Despite the moderate demand from the construction sector, particularly for paints and coatings, inventory levels managed to keep the market relatively stable. The supply chain disruptions and labor strikes in the construction industry further compounded the market conditions, leading to a complex pricing environment. Focusing on Germany, which witnessed the most significant price volatility, the Ethyl Acrylate market trends were indicative of broader market sentiments. Seasonal factors, including lower construction activity in early spring, also impacted the pricing. The correlation between feedstock price changes, particularly Acrylic Acid, and Ethyl Acrylate prices highlighted the sensitivity of the market to supply chain inputs. Compared to the same quarter last year, Ethyl Acrylate prices dropped by 13%, reflecting a substantial market correction. However, from the previous quarter in 2024, the prices declined by a modest 2%, suggesting a gradual stabilization. Analyzing the first and second halves of the quarter, there was a minimal 1% price shift, underscoring the market's relative steadiness. Concluding the quarter, the price of Ethyl Acrylate in Germany settled at USD 1655/MT (FD-Wiesbaden), reflecting a stable yet cautious market environment. Overall, the pricing sentiment has been stable, with neither significant positive nor negative trends dominating the market. The consistent supply from existing inventories mitigated the impact of fluctuating production costs, ensuring a balanced pricing scenario throughout the quarter.
South America
In Q2 2024, the South American Ethyl Acrylate market experienced a notable upward trajectory, primarily driven by heightened demand from downstream sectors such as construction, paint, and coatings. Several significant factors influenced market prices during this period. Foremost was the sustained increase in feedstock costs, including Acrylic Acid and Ethanol, which exerted upward pressure on production expenses. Additionally, high inflation rates and severe floods further escalated operational costs, contributing to the overall rise in Ethyl Acrylate prices. The existing inventory levels were insufficient to meet the rising demand from the downstream Paint and Coating sectors resulting in the bullish prices of the commodity. Furthermore, the market showcased bullishness due to increased freight charges caused by ongoing floods in Brazil. These floods disrupted the supply chain and raised logistics costs, resulting in slower and more expensive delivery times. Therefore, with the strong demand from downstream sectors, the market trend for Ethyl Acrylate is inclined, supported by logistical challenges and elevated freight costs. However, from the previous quarter in 2024, the prices increased by 4%, suggesting bullish market sentiments.
