Butyl Acetate Price in USA

• United States: 2221 USD/MT

In December of Q4 2023, the price of butyl acetate in the United States surged to 2221 USD/MT. This uptick in the US market price was attributed to heightened global demand and expanded production, driven by elevated natural gas prices.

The latest report by IMARC Group, titled “Butyl Acetate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of Butyl Acetate Prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the 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 Acetate Price Analysis:

• Japan: 1151 USD/MT
• Belgium: 1531 USD/MT

Report Offering:

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The study delves into the factors affecting butyl acetate 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.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/butyl-acetate-pricing-report/requestsample

Butyl Acetate Price – Last Quarter

Butyl acetate, a colorless, flammable liquid, is widely known for its sweet, banana-like smell. It is primarily used as a solvent and plays a significant role in the production of paints, coatings, and lacquers, where it helps improve the application and drying processes. Its effectiveness in dissolving various types of polymers and resins makes it invaluable in the formulation of products like nail polish and nail polish remover, enhancing their smoothness and consistency. Additionally, the chemical is also employed in the pharmaceutical industry, where it serves as a solvent or an intermediate in the synthesis of other compounds. Moreover, butyl acetate is manufactured through the esterification of acetic acid with butanol, catalyzed by an acid. Besides, butyl acetate is handled with care due to its volatility and flammability, emphasizing the need for proper safety measures in its handling and storage.

Butyl Acetate Market Analysis

In North America, the second quarter of 2024 began with a sharp uptick in butyl acetate prices, fueled by restocking efforts, which soon reversed as the quarter progressed. Additionally, the improved availability of materials satisfied the demands of downstream sectors, leading to a surplus in inventory. This oversupply, combined with lukewarm demand and a pessimistic market outlook, contributed to a significant reduction in prices. Moreover, to encourage purchases, producers lowered their prices, further exacerbating the dip in the market value. In the United States, this trend was particularly evident, with the market witnessing a continuous decline. Although freight costs initially surged due to the onset of the shipping season, increasing operational costs, the prices for butyl acetate remained suppressed indicating increased supply pressures and continuous weak demand.

Moreover, the Asia Pacific market saw a contrasting trend with butyl acetate prices climbing, propelled by limited shipments and sustained inventory shortages amidst steady downstream demand. Additionally, the rising costs for essential raw materials like n-butanol, acetic acid, and volatile methanol prices pressured the market upwards. Moreover, the strong demand from the construction and manufacturing sectors further increased the prices, with Japan experiencing a significant 24% price increase year-over-year.  Furthermore, the butyl acetate market in Europe, particularly in Germany, faced a downward price trend throughout the quarter. Initially, lower inventories prompted traders to push for higher prices, but a combination of stable upstream prices, adequate supply, and reduced buying activities led to a downward adjustment in prices. Moreover, diminished demand from the construction sector, affected by labor strikes and economic uncertainties, exacerbated the downward trend. Along with this, the influence of lower-priced imports from China further pressured the European market. Despite earlier hopes spurred by an interest rate cut by the European Central Bank, the market sentiment remained bearish amidst a challenging economic climate.

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

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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