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
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.
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.
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.
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 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.
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.
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).
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