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US Butyl Acrylate Market Faces Decline Amid Construction Challenges

US Butyl Acrylate Market Faces Decline Amid Construction Challenges

S. Jayavikraman 20-Sep-2024

Texas, USA: The Butyl Acrylate market in the US is exhibiting a stable yet bearish trend, primarily driven by a reduction in production costs due to lower prices of key feedstocks, n-butanol, and acrylic acid. Additionally, demand for Butyl Acrylate from downstream sectors such as coatings and construction is also on the decline, further dampening market sentiment.

The Butyl Acrylate market in the US remained steady at a lower level, priced at USD xxxx/MT (DEL-Texas) during the week ending xxth September. Despite the stability in the Butyl Acrylate market, the market continues to hover at the lower end due to the ongoing decline in demand for Butyl Acrylate from downstream sectors such as coatings and construction. In the construction sector, U.S. single-family homebuilding witnessed a sharp rebound in August, though a modest rise in building permits suggested the momentum might not last amid an increasing...

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