Acrylic Acid Prices – Historical Graph [Realtime Updates]
Acrylic Acid Prices – Historical Graph [Realtime Updates]
Where does acrylic acid come from?
Acrylic acid is an organic molecule that corrodes both in liquid and vapor form. Also, it is a valuable raw material that finds versatile applications in the production of plastics, detergents, paints, polishes, medical products, wastewater treatment chemicals, and various polymers.
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It is primarily derived from propylene, a petrochemical sourced from fossil fuels. Here is a simplified overview of the process:
1. Propylene Feedstock ' Propylene is obtained from the petrochemical sector as a residue of procedures used to refine natural gas or crude oil.
2. Oxidation of Propylene ' It is a crucial step in the creation of acrylic acid. Propylene and air are reacted in this method at high temperatures with the help of a catalyst, usually a metal oxide. Then, it is changed into acrolein through the oxidation process.
3. Conversion to Acrylic Acid ' After the oxidation stage, acrolein is subjected to further oxidation to create acrylic acid. Typically, it is done using a catalytic vapor-phase oxidation procedure.
4. Purification ' During the oxidation step, crude acrylic acid is created. Purification procedures are used to get rid of these impurities.
5. Final Product ' Once the process is complete, the resulting acrylic acid is in its final state and ready for application across various industrial uses.
What are the uses of acrylic acid?
Generally, it is used in industrial processes to produce polymers for various plastic items. For instance, sodium polyacrylate is a water-absorbing material that comes from acrylic acid and is widely used in diapers, adult urinary products, and agricultural operations to improve water retention.
Additionally, it helps thicken fluids and is useful in environmental applications including water treatment. Some of the industrial applications of acrylic acid are
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1. Coatings and Adhesives ' Acrylic resins are used in paints and adhesives. Also, acrylate coatings are widely used on a variety of surfaces due to their strength, resilience to weather, and adaptability.
2. Textiles ' It is used in the textile industry to create acrylate polymers which are necessary for the production of synthetic fibers and fabrics.
3. Water Treatment Agent ' It is useful as a chemical agent for treating water in the petroleum, chemical, metallurgical, transportation, light industrial, and textile industries,
4. Personal Care Products ' Its derivatives are found in numerous personal care products, including skincare and hair care formulas as it functions as a stabilizer and thickener.
5. Automotive Applications ' It improves the functionality and appearance of automotive products in coatings, adhesives, and sealants.
6. Construction and Sealants ' Some construction materials incorporate acrylic acid to make caulks and sealants due to their sealing properties that maintain flexibility, adhesion, and strength.
Acrylic Acid Price Forecast | Compliance and Methodology
The price forecast for Acrylic Acid, covering a rolling 18 months forward, is published monthly to a 'Price Forecast' window on the ICIS dashboard.
' The window is an essential tool in making buying and selling decisions. Stay ahead of the competition by getting the information needed to assess the Asia and Europe Acrylic Acid market in the short-to-medium term.
' The page comprises the 18-month price forecast series (with a rolling 12-month price history), and feedstock forecasts, including spread analysis. Commentary is given on price forecasts, market drivers and feedstock forecasts.
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