Butyl Acrylate Price in Mexico
- Mexico: 1623 USD/MT
In Mexico, butyl acrylate prices surged to 1623 USD/MT in Q4 2023. This report includes the latest developments, updates, and trend in the global butyl acrylate market, providing stakeholders with timely and relevant information.
The latest report by IMARC Group, titled "Butyl Acrylate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Butyl Acrylate Price Trend. This report delves into the price of Butyl Acrylate globally, presenting a detailed analysis, along with informative Butyl Acrylate price chart. Through comprehensive Butyl Acrylate price analysis, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Butyl Acrylate demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Butyl Acrylate Prices December 2023:
- Mexico: 1623 USD/MT
- Japan: 1347 USD/MT
- Saudi Arabia: 1065 USD/MT
- Brazil: 1633 USD/MT
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The study delves into the factors affecting Butyl Acrylate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Butyl Acrylate Price Trend- Q4 2023
In the fourth quarter of 2023, the butyl acrylate market was influenced by varying demand patterns across different regions. In the Asia-Pacific (APAC) region, the market witnessed fluctuations due to changes in demand from the paints and coatings sector, which initially saw a decline, subsequently lowering butyl acrylate prices. However, demand surged in the latter half, tightening supplies and necessitating increased production rates.
Similarly, in North America, the market trended towards bullishness, fueled by low supplies and a spike in demand from the same downstream industry. This scenario was mirrored in South America, where a bullish market was observed due to low supplies against high demand. Conversely, the Middle East and Africa (MEA) region experienced a bearish market due to low demand and surplus inventories, compounded by declining prices of upstream acrylic acid. Europe showed market fluctuations with an initial price incline due to supply shortages and heightened demand from downstream sectors, followed by a decline as demand waned and raw material prices decreased.
Butyl Acrylate Market Analysis
The global butyl acrylate market size reached US$ 3.7 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 5.7 Billion, at a projected CAGR of 5.00% during 2023-2032. In the APAC region, the price of butyl acrylate experienced a decline due to an initial drop in demand from downstream industries such as paints and coatings, coupled with low operating costs. This scenario was reversed in the latter half of the quarter as demand surged, leading to increased consumption of existing inventories and necessitating a ramp-up in production to meet the demand. This fluctuation in demand dynamics, along with a significant price drop of 45% in Japan compared to the previous year, and a quarter-over-quarter decline, illustrates the volatility of the market influenced by sector-specific demand and broader economic trend. The pricing trend in North America presented a contrast, showing a moderate to bullish trend driven by low to moderate supplies and a surge in demand, particularly from Mexico. This was further exacerbated by increased freight charges and trading activities.
The MEA region saw a bearish trend driven by low demand and surplus inventories, compounded by the declining prices of upstream acrylic acid. This resulted in reduced trading activities and pressured suppliers to lower their quotations, showcasing the significant impact of upstream market dynamics and inventory levels on pricing trend. Conversely, Europe experienced initial price increases due to supply shortages and high demand from downstream sectors. This bullish trend was supported by rising acrylic acid prices, reinforcing the connection between feedstock costs and butyl acrylate pricing. However, the European market later saw a price decline as demand from the paints and coatings sectors weakened, leading to an accumulation of inventories and a reduction in production rates.
Key Points Covered in the Butyl Acrylate Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Butyl Acrylate Prices
- Butyl Acrylate Price Trend
- Butyl Acrylate Demand & Supply
- Butyl Acrylate Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Butyl Acrylate Price Analysis
- Butyl Acrylate Industry Drivers, Restraints, and Opportunities
- Butyl Acrylate News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand.
- 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.
- North America: United States and Canada.
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru.
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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