Butyl acrylate market consumption continues to increase, and the proportion of leading companies is expected to increase

Butyl acrylate, also known as n-butyl acrylate, is a colorless and transparent liquid, insoluble in water, and easily soluble in organic solvents such as ethanol, acetone, and ether. As a polymer monomer, butyl acrylate can be copolymerized, cross-linked, grafted, etc. with various hard monomers, functional monomers, etc., and is widely used in papermaking, adhesives, coatings, construction, fibers, plastics, etc. Rubber and other fields.

From the perspective of preparation technology, butyl acrylate preparation technology includes three methods: methyl acrylate method, acrylonitrile hydrolysis method, and β-propiolactone method. Among them, methyl acrylate method is the mainstream preparation technology, involving acrylic acid, sulfuric acid, and n-butanol. and other raw materials. From the perspective of downstream demand structure, the demand for butyl acrylate mainly comes from the adhesive field, accounting for more than 50% of the demand, followed by acrylic emulsion, accounting for more than 40%. From the perspective of consumption, the apparent consumption of butyl acrylate shows a steady growth trend, growing to more than 2.300 million tons in 2021.

Acrylic acid is an important raw material for the production of butyl acrylate. In 2021, my country’s acrylic acid industry has a production capacity of approximately 3.40 million tons, a year-on-year increase of 2.0%. Acrylic acid production capacity is highly concentrated, with the total production capacity of the four major enterprises Satellite Chemical, Shengke Chemical, Yangzi BASF, and Shanghai Huayi accounting for approximately 55.6%. With the release of production capacity of relevant enterprises, the scale of my country’s acrylic acid industry will further expand, which will benefit the development of the butyl acrylate market.

According to the “2022 Global Butyl Acrylate Industry Market Status Research Report released by the Industrial Research Center, in recent years, my country’s butyl acrylate The overall output of the ester industry is showing a growth trend, but the growth rate of production capacity has slowed down. In 2021, my country’s butyl acrylate production capacity will be approximately 2.658 million tons, and the industry output will be around 2.000 million tons. While meeting domestic market demand, butyl acrylate production capacity is also exported to overseas markets such as India, Malaysia, and Belgium. In 2021, my country’s butyl acrylate export volume will reach more than 400,000 tons.

From the perspective of market supply, my country is a major producer of butyl acrylate. Related production companies include Satellite Chemical, Shengke Chemical, Shanghai Huayi, Formosa Acrylate, Yangzi BASF, Wanhua Chemical, etc. Among them, Satellite Chemical’s production capacity ranks first in the country First place, with an annual production capacity of more than 600,000 tons. Butyl acrylate production capacity is highly concentrated. Against the background of increasingly stringent environmental protection regulations, leading companies are expected to occupy more market shares with their advantages in technology and scale.

Industry analysts said that butyl acrylate is widely used in adhesives, papermaking, coatings and other fields. In recent years, driven by the development of terminal industries , the apparent consumption of butyl acrylate continues to grow. my country is a major producer and exporter of butyl acrylate. In terms of production, my country’s butyl acrylate production capacity is highly concentrated, and leading companies will occupy more market shares with their advantages in technology and scale.