Product
Recycled HDPE Price Trend and Forecast
Recycled HDPE Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Recycled HDPE in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
After the Lunar New Year celebrations, the market resumed activity and the demand for recycled HDPE rose consistently. Coupled with the soaring oil and feedstock prices the prices of recycled HDPE soared throughout the Asian arena. The price of recycled HDPE averaged 1326.95 USD/MT in the Indian domestic market. With the re-emergence of covid-19 cases, the government proposed the zero-tolerance ban which further restricted the supply chains which were already congested owing to the Russia-Ukraine conflict.
The petrochemical industry suffered, and the prices of feedstock HDPE fluctuated. However, the robust demand from the downstream packaging, automobile and textile industries kept the price trends for recycled HDPE afloat in the Asian market. In India, the price of recycled HDPE averaged 104600 INR /MT during the end of the said quarter.
Europe
The price of recycled HDPE kept strong across Europe throughout the said period. The soaring oil prices and high-cost inflation amid the booming demand from the packaging sector caused the prices to rise averaging 2145 USD/MT.
North America
During the first quarter, the price of recycled HDPE did not increase uncontrollably despite the surging feedstock and transportation costs. The market uncertainty and lack of skilled labour kept the prices of recycled HDPE in check. However, the prices began to rise with the rise of demand from the downstream sectors as the upstream costs relaxed slightly. Hence, the supply-demand dynamics caused a healthy rise in the price trends of recycled HDPE averaging 2400 USD/MT.
Procurement Resource provides latest prices of Recycled HDPE. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
The linear versions of polyethylene (PE) are known as high-density polyethylene (HDPE). When this plastic-type is recycled, it is referred to as Recycled HDPE. HDPE is the most common plastic-type that is recycled on a large scale globally. This plastic is the easiest polymer to recycle owing to its unique properties, and thus, it is accepted at most of the recycling centres globally.
The Recycled HDPEs carry the universal symbol of number “2” in the recycling triangle and can be differentiated with its help. Due to its cost effective and environmental friendly nature, Recycled HDPE is increasingly being adopted over virgin HDPE in various industries.
Product Details
| Report Features | Details |
| Product Name | Recycled HDPE |
| Industrial Uses | Bottles and containers, Tupperware products, Packaging materials, Construction pipe, Ropes, Household goods (Plastic-based), Food packaging, Shampoo bottles, Etc. |
| Supplier Database | Veolia Environnement S.A, Envision Plastics Industries LLC, Clean Tech Incorporated, KW Plastics Recycling Division, Advanced Environmental Recycling Technologies, Inc, HAHN Plastics Ltd, LyondellBasell Industries Holdings B.V, SUEZ SA |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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 Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of Recycled HDPE from Waste HDPE Films
In order to produce Recycled HDPE from waste HDPE films, the collected materials are first sorted and cleaned. Then, HDPE film recycling machinery crushes these plastic sheets into small pieces. The obtained material is finally melted and converted into pellets, which can be further transformed into a variety of products.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
Assistance from Experts
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Client's Satisfaction
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Assured Quality
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.