Methacrylic acid Prices, Trends & Forecasts | Provided by Procurement Resource
Methacrylic acid (C4H6O2) is a chemical compound that is viscous in nature. It comprises a carboxylic group attached to its base atom and has an acrid, unpleasant odor. The compound is commercially obtained as a precursor to its esters, specifically methyl methacrylate (MMA) and polymethyl methacrylate (PMMA). It is soluble in warm water and marks its melting and boiling point around 15° C and 161° C, respectively. The compound is an unsaturated monocarboxylic acid that readily undergoes addition and polymerization reactions.
It has a wide range of applications in the industrial sectors and is mainly associated with the chemical and cosmetics manufacturing industries.
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The key importing countries for Methacrylic acid are India, the Netherlands, and the United States. On the other hand, the key exporting countries include Germany, the Netherlands, and Belgium.
Key Details About the Methacrylic acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Methacrylic acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Methacrylic Acid Price Trends, including India Methacrylic acid price, USA Methacrylic acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Methacrylic acid Price Trend:
Methacrylic acid is an organic chemical compound with several applications mainly associated with the polymers and chemical manufacturing industries. The compound is an intermediate chemical used in the production procedures of numerous polymers on a large scale. It is used as a base additive that is used in the production of lubricant oils. It is used as a precursor in the production of Methacrylic acid esters.
Methacrylic acid is used to manufacture films and construction chemicals such as adhesives, sealants, paints, varnishes, coatings, textile finishes, etc. It is also used in manufacturing printing inks and enhances the quality of ink output. Additionally, it is used as thickeners, flocculants, wetting agents, and dispersants in several chemical reactions, which are performed to manufacture several commercial products on a large scale.
Key Players:
- The Dow Chemical Company
- Mitsubishi Chemical Corporation
- Evonik Industries AG
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