Recycled-Linear Low Density Polyethylene (R-LLDPE) Prices

Recycled-Linear Low Density Polyethylene (R-LLDPE) Prices September 2024

The recycled-linear low density polyethylene prices in the Saudi Arabia for Q3 2024 reached 765 USD/MT in September. The market faced decreased demand in major industries like construction and packaging. Ongoing oversupply and weaker exports pressured pricing, encouraging producers to implement competitive strategies to maintain market share. However, economic challenges hindered recovery efforts, and participants struggled to address supply-demand imbalances.

The price trend for recycled-linear low density polyethylene in China for Q3 2024 settled at 750 USD/MT in September. The market faced falling prices and a significant supply surplus due to weak demand from construction and packaging sectors, compounded by seasonal disruptions and raw material shortages. Producers struggled to manage the oversupply, and the quarter ended with a cautious response, as efforts to stabilize prices had limited success.

In Germany, the recycled-linear low density polyethylene prices for Q3 2024 reached 1,160 USD/MT in September. The market showed resilience, driven by strong demand for recycled materials in the packaging and construction sectors. A focus on sustainability boosted confidence, while efficient supply chains ensured product availability and stable pricing. Despite broader uncertainties, Germany maintained steady growth by adapting to changing market needs.

Recycled-Linear Low Density Polyethylene (R-LLDPE) Prices June 2024

The recycled-linear low density polyethylene prices in the Saudi Arabia for Q2 2024 reached 819 USD/MT in June. The market exhibited a steady upward pricing trend, fueled by demand for R-LLDPE from the film and packaging sectors. A stable supply of raw materials and seasonal factors, including summer preparations, influenced dynamics.

The price trend for recycled-linear low density polyethylene in China for Q2 2024 settled at 813 USD/MT in June. The market showed price stability despite fluctuations due to strong demand in packaging, automotive, and construction sectors. Effective supply chain operations and seasonal preparations supported growth. Increasing eco-friendly practices and stable upstream costs have established the region as a leader in the Asia-Pacific, emphasizing its role in sustainability initiatives.

In Germany, the recycled-linear low density polyethylene prices for Q2 2024 reached 1,177 USD/MT in June. The market faced rising prices driven by increased demand for sustainable materials in packaging and automotive industries. Supply constraints and fluctuating feedstock costs added pressure, while seasonal trends supported steady demand. The country’s focus on recycling innovation and supply chain efficiencies bolstered its role in Europe’s market recovery.

Recycled-Linear Low Density Polyethylene (R-LLDPE) Prices March 2024

The recycled-linear low density polyethylene prices in the Saudi Arabia for Q1 2024 reached 782 USD/MT in March. The market remained stable throughout the quarter, supported by ample scrap materials and steady demand from packaging and construction. Mid-quarter price increases stemmed from cost pressures and tighter supplies, but efficient logistics and inventory management maintained equilibrium. The sector demonstrated resilience amid broader economic uncertainties.

The price trend for recycled-linear low density polyethylene in China for Q1 2024 settled at 773 USD/MT in March. The market experienced significant volatility this quarter due to fluctuating production and heightened demand from the packaging industry. Supply constraints led to mid-quarter price adjustments. Nevertheless, a positive overall trend emerged, supported by strong consumption and increased investments in recycling, positioning the market for continued growth.

In Germany, the recycled-linear low density polyethylene prices for Q1 2024 reached 1,124 USD/MT in March. The market faced both challenges and recovery this quarter. Initial price increases stemmed from spot purchasing and seasonal demand, but a mid-quarter downturn due to lower bottle scrap costs and cautious buyer behavior tested stability. By March, strategic stockpiling and a slight recovery in construction helped stabilize prices, showing the market's resilience amid economic pressures.

Recycled-Linear Low Density Polyethylene (R-LLDPE) Prices December 2023

The price of recycled-linear low density polyethylene (R-LLDPE) in China for December 2023 reached 766 USD/MT. The market price for the product in China was unstable and did not show a clear upward or downward trend. It stayed more or less the same because the cost of new (virgin) LLDPE was more economical than recycled LLDPE.

The price trend for R-LLDPE in Germany in December 2023 reached 1,064 USD/MT. This is due to reduced product demand from downstream industries like packaging and construction. Also, there was an oversupply of R-LLDPE in the market with a weakening PMI index that further supported the downfall in prices.

Regional Coverage

The report provides a detailed analysis of the recycled-linear low density polyethylene (R-LLDPE) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the recycled-linear low density polyethylene (R-LLDPE) price trend. 

Global Recycled-Linear Low Density Polyethylene (R-LLDPE) Price

The report offers a holistic view of the global recycled-linear low density polyethylene (R-LLDPE) pricing trends in the form of recycled-linear low density polyethylene (R-LLDPE) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of recycled-linear low density polyethylene (R-LLDPE) but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

Europe Recycled-Linear Low Density Polyethylene (R-LLDPE) Price

Q3 2024:

The European recycled-linear low density polyethylene market demonstrated steady growth in Q3 2024, driven by rising demand from construction and packaging industries prioritizing sustainable materials. Germany led the region with an emphasis on balancing supply and demand effectively, supported by well-managed logistics and improved market strategies. A growing preference for recycled products aligned with the region’s sustainability goals, enhancing market sentiment. However, wider economic uncertainties posed challenges, tempering more significant growth potential. Towards the end of the quarter, stabilization in pricing reflected Europe’s ability to adapt to shifting market dynamics, showcasing its resilience in promoting eco-friendly solutions across industries.

Q2 2024:

In Q2 2024, Europe’s recycled-linear low density polyethylene market exhibited steady price growth, propelled by rising demand for sustainable materials in packaging, construction, and automotive sectors. Limited recycling supply and fluctuating ethylene costs added upward pressure on prices. Germany, as a key player, saw notable price shifts, driven by robust demand and constrained supply. Seasonal factors, such as summer preparations in the packaging industry, further influenced pricing dynamics. Across the region, the focus on environmental compliance and green certifications bolstered demand for recycled materials, contributing to a stable yet positive pricing environment. This quarter’s trends highlight Europe’s commitment to sustainability and innovation in recycling processes.

Q1 2024:

The European recycled-linear low density polyethylene market encountered fluctuating trends in Q1 2024, starting with modest price increases driven by spot purchases and seasonal demand. Mid-quarter, market pressures arose from cautious buying sentiments across downstream industries and reduced costs of bottle scrap. By March, the market achieved stability, bolstered by strategic stockpiling and incremental recovery in construction and packaging sectors. Geopolitical tensions impacting supply routes added complexity, yet the market's resilience was evident in its ability to maintain balanced pricing amidst ongoing challenges.

Q4 2023:

Europe’s recycled-linear low density polyethylene (R-LLDPE) prices witnessed a declining trend towards the end of December. This is because of low demand from the packaging and construction industries, high supply of the product, and weakening PMI index. Also, the low demand for R-LLDPE in comparison to virgin LLDPE led to a negative price rate.

This analysis can be extended to include detailed recycled-linear low density polyethylene (R-LLDPE) price information for a comprehensive list of countries.

North America Recycled-Linear Low Density Polyethylene (R-LLDPE) Price

Q3 2024:

The recycled-linear low density polyethylene market across North America in Q3 2024 was marked by significant oversupply, driven by consistent manufacturing rates exceeding subdued industrial demand. Packaging and textiles showed weak activity, further exacerbating the inventory surplus. Overall market momentum was slowed by buyers' ongoing cautious approach, which prioritized spot deals over long-term commitments. Competitive pricing from virgin polyethylene further pressured recycled alternatives. At the quarter's end, stabilization efforts hinted at a slow recovery, but bearish sentiment dominated, focusing on the need for substantial demand growth to restore market balance.

Q2 2024:

During the second quarter of 2024, the recycled-linear low density polyethylene market across the North American region maintained stable pricing, reflecting balanced supply-demand dynamics. Steady raw material availability and robust demand for R-LLDPE from sectors like construction, packaging, and automotive were key factors. This balance was maintained by increased recycling initiatives along with steady upstream prices for virgin LLDPE. The United States market demonstrated resilience, with summer sales driving steady demand for sustainable materials. Despite minor supply challenges, the region's efficient supply chains and increased adoption of green initiatives contributed to a positive market sentiment. This quarter contrasted with last year's decline, emphasizing a recovery phase supported by improved operational strategies.

Q1 2024:

In the North American recycled-linear low density polyethylene market, early 2024 was marked by a blend of steadiness and strategic adaptation. While steady demand for R-LLDPE from construction and packaging provided a foundation for price resilience, the industry faced challenges such as fluctuating feedstock costs and supply chain disruptions influenced by global uncertainties. Manufacturers countered these obstacles by maintaining sufficient inventories and leveraging adaptive procurement strategies. As geopolitical factors influenced upstream markets, regional operators prioritized efficient logistics to mitigate potential disruptions, ensuring a balanced market through cautious planning.

Q4 2023:

The recycled-linear low density polyethylene (R-LLDPE) prices in North America encountered a bearish trend. This is due to low product demand from the packaging and construction industries, availability of ample inventories, and muted trading activities.

Specific recycled-linear low density polyethylene (R-LLDPE) historical data within the United States and Canada can also be provided.

Middle East and Africa Recycled-Linear Low Density Polyethylene (R-LLDPE) Price

Q3 2024:

The Middle East and Africa recycled-linear low density polyethylene market in Q3 2024 witnessed price decline pressures due to sluggish demand for R-LLDPE from major sectors like construction and packaging. Saudi Arabia, as a key market, experienced significant price adjustments driven by weaker export demand and economic headwinds. Global uncertainties added to the negative sentiment, as oversupply across the region created persistent pricing challenges. Although early signs of stability emerged in certain areas, the overall market ended the quarter on a subdued note, reflecting ongoing difficulties in achieving balanced growth amidst a tough economic landscape.

Q2 2024:

The recycled-linear low density polyethylene market across the MEA in Q2 2024 witnessed a gradual upward pricing trend, supported by strong demand for R-LLDPE in the film and packaging industries. Despite increasing transportation costs and logistical challenges, stable raw material availability helped maintain market balance. Saudi Arabia led the region in notable price increases, driven by sustained demand and seasonal influences. Regional trends also reflected an increasing focus on circular economy practices, with improved recycling efforts aligning with global sustainability goals. The overall market sentiment remains optimistic, with gradual recovery and growth signaling a stable pricing outlook for the coming quarters.

Q1 2024:

The MEA recycled-linear low density polyethylene market in early 2024 demonstrated moderate stability, with Saudi Arabia at the forefront. Early pricing trends reflected the steady accessibility of scrap materials and subdued demand for R-LLDPE from the construction and packaging sectors. Mid-quarter, a minor price increase emerged due to higher feedstock costs and tightened upstream availability. Despite regional conflicts and logistical challenges, the market stabilized toward the end of the quarter, supported by supply chain adjustments and improved sentiment. The gradual recovery in demand signaled a cautious yet optimistic outlook for the region.

Q4 2023:

The recycled-linear low density polyethylene (R-LLDPE) pricing in the Middle East and Africa witnessed a stable market. The downward trend owing to low product demand from end-use industries like packaging and construction and oversupply was countered by the increase in prices from high production costs because of elevated energy rates amid the Israel-Palestine war.

In addition to region-wise data, information on recycled-linear low density polyethylene (R-LLDPE) prices for countries can also be provided.

Asia Pacific Recycled-Linear Low Density Polyethylene (R-LLDPE) Price

Q3 2024:

During the third quarter of 2024, the Asia Pacific recycled-linear low density polyethylene market grappled with declining prices and persistent oversupply. Key sectors like construction and packaging, particularly in China, showed weak demand, creating a challenging pricing environment. Seasonal disruptions in raw material supply chains compounded the problem, with steady production adding to the supply glut. The region also faced heightened competition from virgin polyethylene, which drew buyers away from recycled options. Efforts to stabilize pricing through inventory adjustments saw limited success. While the quarter ended on a subdued note, emerging eco-friendly initiatives and investments in sustainable materials provided a potential long-term recovery pathway for the market.

Q2 2024:

The Asia-Pacific region’s recycled-linear low density polyethylene market during Q2 2024 experienced gradual price increases, driven by strong demand in packaging, construction, and automotive industries. Stable supply of post-consumer materials and consistent upstream LLDPE prices balanced growing logistics and transportation expenses. China remained a significant market, showcasing price fluctuations due to its dynamic economic activity. Seasonal trends, such as preparations for peak summer demand, further bolstered market growth. Additionally, regional efforts to enhance recycling efficiency and adopt eco-friendly practices reflected positively on overall market stability. The upward price trends suggest continued recovery from prior oversupply conditions, aligning with the region's increasing focus on sustainability.

Q1 2024:

The Asia Pacific region’s recycled-linear low density polyethylene market in Q1 2024 displayed a mix of growth and volatility, shaped by rising demand and constrained production capabilities. Key industries like packaging and automotive played a pivotal role in driving consumption, especially in China, where volatile pricing underscored the region's dynamic market landscape. Producers faced challenges from fluctuating raw material availability, leading to price adjustments mid-quarter. Strategic expansions in regional production capacity and investments in advanced recycling technologies helped stabilize the market towards the end of the quarter, highlighting the sector's long-term growth potential.

Q4 2023:

The recycled-linear low density polyethylene (R-LLDPE) pricing in Asia Pacific showcased a downward trend. This is because of low product demand from end-use sectors like packaging and construction and high supply rates. Also, the accumulation of inventories led to a decline in prices in order to clear existing stocks. Moreover, the demand for R-LLDPE in comparison to virgin LLDPE was low.

This recycled-linear low density polyethylene (R-LLDPE) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Recycled-Linear Low Density Polyethylene (R-LLDPE) Price

The analysis of recycled-linear low density polyethylene (R-LLDPE) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Recycled-Linear Low Density Polyethylene (R-LLDPE) Price Trend, Market Analysis, and News

IMARC’s newly published report, titled ““Recycled-Linear Low Density Polyethylene (R-LLDPE) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of recycled-linear low density polyethylene (R-LLDPE) pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of recycled-linear low density polyethylene (R-LLDPE) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of recycled-linear low density polyethylene (R-LLDPE) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing recycled-linear low density polyethylene (R-LLDPE) price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Recycled-Linear Low Density Polyethylene (R-LLDPE) Market Analysis

The global recycled-linear low density polyethylene (R-LLDPE) market size reached 1455.1 thousand tons in 2023. By 2032, IMARC Group expects the market to reach 1932 thousand tons, at a projected CAGR of 3.20% during 2023-2032.

• There has been a growing emphasis on environmental sustainability, which is one of the main drivers for the R-LLDPE market. Governments, organizations, and consumers are becoming aware of the environmental impact of plastic waste. This has led to the introduction of stricter regulations and policies that aim to reduce plastic waste and promote recycling. Currently, about 400 million tons of plastic waste are produced every year. Plastic production is expected to reach 1,100 million tons by 2050. Also, a total of 36% of all plastics produced are used in packaging, including single-use plastic products for food and beverage (F&B) containers. Of which, approximately 85 percent ends up in landfills or as unregulated waste. R-LLDPE is made from recycled materials, which is preferred as it aligns with several sustainability goals.
• The packaging industry is one of the biggest consumers of LLDPE. The average European throws away 172.2 kilos of packaging waste away every year, of which 19.5% is plastic. About 40% of all plastic products are thrown away within one month. With a hike in demand for sustainable packaging solutions, the market for R-LLDPE is also surging. Brands are under pressure to reduce their environmental impact and are turning to recycled materials to achieve their goals. This recycled product is mainly used in the creation of films, bags, and containers, which makes it a key material in the sustainable packaging market.
• The construction industry is making use of recycled materials to improve sustainability and reduce costs. R-LLDPE is used in many construction applications, including geomembranes, pipes, and liners. The Asia Pacific region is a key construction and real estate market that will touch nearly 40% of the industry’s output value by 2030. Recently, there has been a growth of green building practices and the increasing use of recycled materials in construction. LEED-certified projects are responsible for diverting more than 80 million tons of waste from landfills, and by 2030, that number is expected to grow to 540 million tons. Also, the International Finance Corporation (IFC) estimates that investment in green buildings in emerging market cities will reach US $24 trillion over the next decade alone. This will also increase the demand for R-LLDPE.
• Industries such as automotive, aerospace, and electronics are making use of lightweight materials to better fuel efficiency and performance. R-LLDPE offers a lightweight and durable alternative to traditional materials, which makes it an attractive option for these industries. India’s trucking market is expected to grow over 4x by 2050. The number of trucks is expected to more than quadruple, from 4 million in 2022 to roughly 17 million trucks by 2050. The growing adoption of lightweight materials in trucks is boosting the demand for R-LLDPE.

Recycled-Linear Low Density Polyethylene (R-LLDPE) News

The report covers the latest developments, updates, and trends impacting the global recycled-linear low density polyethylene (R-LLDPE) market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in recycled-linear low density polyethylene (R-LLDPE) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the recycled-linear low density polyethylene (R-LLDPE) price trend.

Latest developments in the recycled-linear low density polyethylene (R-LLDPE) industry:

• In March 2023, Nova Chemicals announced that the company will invest $2-$4 billion by 2030 to expand sustainable product offerings and has set a goal of achieving 30% of polyethylene (PE) sales from recycled content. It is also targeting a 30% reduction in Scope 1 and 2 absolute carbon dioxide (CO2) emissions by 2030.
• In February 2023, Charter Next Generation (CNG) and Revolution Sustainable Solutions, LLC (Revolution) announced that they are collaborating to drive the adoption of commercially available post-consumer recycled, linear low density polyethylene (PCR-LLDPE) for food and flexible packaging applications. CNG will use Revolution's Encore food-grade PCR-LLDPE resin for application in their film products, which include stand-up pouches, pre-made bags, and roll stock applications for vertical form fill and seal (VFFS) and horizontal form fill and seal (HFFS) packaging. When produced with Revolution's high-quality certified PCR resin, CNG films will create 40% or more recycled content, without sacrificing performance.

Product Description

Recycled-linear low-density polyethylene (R-LLDPE) is a type of polyethylene resin made from recycled materials. It is specifically designed to retain the beneficial properties of virgin LLDPE while promoting sustainability. This resin is available in several types, including mixed-color, clear, and various grades based on the source and purity of the recycled materials. It exhibits properties such as high tensile strength, flexibility, impact resistance, and chemical resistance. R-LLDPE finds application in packaging, agricultural films, landfills, pipes, automotive parts, household goods, industrial containers, toys, construction materials, and recycled plastic composites.

It offers numerous benefits, including reducing landfill waste, conserving natural resources, lowering carbon footprint, decreasing energy consumption, promoting a circular economy, enhancing sustainability, reducing plastic pollution, supporting green initiatives, providing cost-effective material solutions, and increasing the market for recycled products. Moreover, it is lauded for its versatility, durability, cost-effectiveness, environmental benefits, compatibility with existing manufacturing processes, and recyclability.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of recycled-linear low density polyethylene (R-LLDPE) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting recycled-linear low density polyethylene (R-LLDPE) price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The recycled-linear low density polyethylene (R-LLDPE) price charts ensure our clients remain at the forefront of the industry.