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.
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
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.
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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.
Since January , rising crude oil prices have had an impact on commodity prices all over the world. The global market has been sweltering as the price of crude oil has risen, initially as a result of the threat of escalation in the Russia-Ukraine conflict, which later became a reality. Since the war between Russia and Ukraine has worsened, global market scenarios are swiftly shifting, with some countries benefiting while the majority are attempting to safeguard consumers from inflationary pressure. Global inflation has become a matter of concern for the world, since it is driving up the costs of a variety of commodities despite weak demand in their local markets.
Despite modest to stable offtakes worldwide, increasing crude oil costs are also pushing up Acrylic Acid prices. According to the ChemAnalyst data, in March, Saudi Arabia, Japan, and the United States saw price increases of roughly 4.4%, 3.8%, and 0.46%, respectively, backed by growing upstream values amid sluggish domestic offtakes. These constant increases in the price of acrylic acid are influencing the downstream Acrylate industry, where a major downstream chemical, MMA (Methyl Methacrylate), is becoming more expensive in the international market as a result of large increase in the cost of the raw material Acrylic Acid.
According to ChemAnalyst, Acrylate fibres, a significant downstream sector for Acrylic Acid, are becoming more expensive week by week due to rising raw material costs. However, off-season offtakes from specialised consumers have decreased demand fundamentals for Acrylate fibres in the textile market. According to the latest insights, the Indian market remained extremely depressed, which pulled down the usual pricing trend for Acrylic Acid in the domestic market and saw a drop of more than 2%. According to market sources, Acrylic Acid demand in India was dull, with scheduled cargoes arriving on time, improving local availability.
As per the ChemAnalyst assessment, Acrylic Acid prices are expected to remain buoyant across the global market, as crude oil values are not going to showcase a steep decline anytime soon in the global market. The Russia-Ukraine conflict is only getting worse day by day, which is further deteriorating the overall global market sentiments.
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