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Asia
During Q4'24, the 2-Ethylhexyl Acrylate (2-EHA) market in Asia demonstrated notable volatility. The quarter began with strong upward momentum, primarily driven by tight acrylic acid supply due to maintenance shutdowns at major facilities. Chinese manufacturers faced pressure as both key feedstocks - acrylic acid and ethylene - showed significant strength early in the quarter.
The market saw additional support from healthy demand in the coatings and adhesives sectors. However, by December, the pricing trend reversed as feedstock availability improved, particularly with increased ethylene imports from the US and the restart of several acrylic acid facilities in the region. Southeast Asian markets maintained relatively stable demand but experienced similar price fluctuations, albeit less pronounced.
Europe
European 2-EHA markets navigated through a challenging quarter with relatively stable pricing. The initial weeks saw modest upticks as producers attempted to maintain margins amid rising acrylic acid costs. However, these efforts were constrained by logistics challenges in receiving US ethylene shipments and subdued demand from downstream industries. The market faced additional pressure from competitive Asian imports, which limited producers' ability to implement significant price increases. The latter part of the quarter saw prices gradually soften as inventory levels remained comfortable and downstream demand stayed lukewarm, particularly in the construction and automotive sectors.
North America
The North American 2-EHA market showed distinct trends throughout Q4'24. The quarter started with firm pricing supported by stable domestic demand and elevated production costs. However, as the period progressed, the market faced downward pressure from abundant ethylene supply due to record US production levels. While acrylic acid costs remained relatively stable, the overall market dynamics led to margin pressure for producers. The region maintained steady production rates despite increasing competition from imports, but prices gradually declined through the quarter as supply remained ample against moderate demand.
Analyst Insight
According to Procurement Resource, the 2-EHA market is expected to face mixed pressures in the coming months, with potential stabilization as new ethylene export infrastructure comes online. However, market direction will largely depend on downstream demand recovery and the balance between new capacity additions in Asia and global consumption patterns.
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Asia
The price trajectory of 2-ethylhexyl acrylate (2-EHA) was rather fluctuating throughout the Asian market. Initially, the prices kept towards the higher side of the scale given the high prices of feedstocks acrylic acid and 2-ethylhexyl alcohol (2-EH). Owing to the maintenance shutdowns and lower stocks amidst robust demands the prices of feedstocks rose providing the required momentum to the 2-EHA market. However, soon this momentum fizzled out as the plants started running full capacity leading to ample supply in the market.
Further, the downstream demand from the plasticizers industry weakened given the fragile conditions of the global economy which led to cautious buying habits amongst the buyers. The prices fell gradually throughout August and September; however, the prices stabilized towards the end of the discussed quarter. The market demand returned to a positive level post the holiday season in China which led to active hoarding amongst the buyers thereby, causing the prices to rise. Hence, 2-EHA prices consolidated towards the end of discussed quarter.
Europe
The 2-Ethylhexyl Acrylate market in Germany maintained stability throughout Q3 2024. This stability was attributed to balanced supply-demand dynamics and a stagnant economy, which dampened activity in downstream sectors. Reduced demand was adequately met by existing inventory levels, preventing supply shortages. The ongoing summer holidays across Europe contributed to a drop in market activities, further supporting stable market sentiments.
North America
The U.S. 2-Ethylhexyl Acrylate market experienced mixed trends in Q3 2024. Initial price increases were driven by feedstock cost fluctuations and maintenance-related supply constraints. However, prices later stabilized as production capacity normalized and downstream demand softened due to economic uncertainties. The market saw periods of cautious buying behaviour, followed by sporadic demand increases as industries adjusted to oscillating market conditions.
The clear liquid 2-ethylhexyl acrylate has outstanding flexibility and diluting qualities. One of the ingredients of acrylic polymeric latex is 2-ethylhexyl acrylate. Pressure-sensitive adhesives can be made by polymerizing it with methyl methacrylate via free-radical solution polymerization. 2-ethylhexyl acrylate is a popular feedstock for chemical synthesis because it easily performs addition reactions with a wide spectrum of organic and inorganic chemicals.
C11H20O2
Paints and coatings, Adhesives and sealants, Plastics, Printing inks
2-Ethyl-1-hexyl acrylate, 2-Ethylhexyl 2-propenoate, Acrylic acid, 2-ethylhexyl ester, 2-ethylexyl acrylate
The Dow Chemical Company, BASF SE, Arkema Group
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Acrylic acid and 2-ethylhexanol are used in the industrial production of 2-ethylhexyl acrylate. The reaction, which is catalysed by sulfuric acid, takes place in batch reactors and is followed by a continuous distillation section.
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