Graph and download economic data for Producer Price Index by Industry: Plastics Material and Resin Manufacturing (PCU325211325211) from Jun 1976 to Feb 2025 about resin, plastics, materials, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Polyethylene decreased 721 CNY/T or 8.46% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Polyethylene.

United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing: Primary Products was 282.40400 Index Dec 1980=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing: Primary Products reached a record high of 355.60100 in October of 2021 and a record low of 31.80000 in March of 1971. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing: Primary Products - last updated from the United States Federal Reserve on March of 2025.

Learn about the factors that affect the price of polyethylene resin, including supply and demand, raw materials, production costs, type and grade of material, and geopolitical factors. Understanding these factors can help predict and manage pricing for this widely-used plastic.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Plastic Resins and Materials (WPS066) from Jan 1967 to Feb 2025 about resin, plastics, materials, chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

Learn about the various factors that affect the price of HDPE (High-Density Polyethylene) resin, including supply and demand, raw material costs, and economic conditions, and how they can lead to fluctuating prices.

The price of high-density polyethylene (HDPE) has fluctuated significantly from 2017 to 2023, reaching a low of 837 U.S. dollars per metric ton in 2020 and a high of 1,211 U.S. dollars per metric ton in 2018. The price was shown to have increased slightly from this 2020 minimum to a value of 988 U.S. dollars per metric ton in 2023. HDPE as a petrochemical derivative   One of the main factors that influences the HDPE market is the price of the raw material ethylene. Ethylene is a petrochemical product that is significantly affected by global oil prices and supply and demand dynamics. In 2021 the global ethylene market size was valued at 176 billion U.S. dollars and was forecast to increase to a value of 287 billion U.S. dollars by 2030. The ethylene market is predominantly dominated by the Asia Pacific region , contributing 42.6 percent of total revenue. China holds the position of the world's largest consumer of ethylene, accounting for 18 percent of global demand, while the remaining Asian countries consumed 22 percent. Environmental concerns and HDPE alternatives HDPE poses significant environmental concerns due to its non-biodegradability and challenges in recycling. Since 1950, the global production of plastic materials has exceeded nine billion metric tons, but only nine percent of them have been recycled. The remaining plastic waste has been either discarded in landfills or released into the environment. As one of the most widely manufactured plastics worldwide, HDPE waste can accumulate over time, leading to pollution and adverse health effects for both humans and animals. To address these issues, various alternatives to HDPE are being developed or utilized, such as bioplastics, synthetic paper, and bio-based HDPE. These alternatives aim to mitigate the environmental impacts of HDPE by utilizing renewable resources, biodegradable materials, or minimizing carbon emissions. However, these alternatives also have notable drawbacks, including higher costs, reduced performance, and the potential for competition with food crops. 

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.

Product	Category	Region	Price
Recycled-Linear Low Density Polyethylene (R-LLDPE)	Polymer & Resin	Saudi Arabia	765 USD/MT
Recycled-Linear Low Density Polyethylene (R-LLDPE)	Polymer & Resin	China	750 USD/MT
Recycled-Linear Low Density Polyethylene (R-LLDPE)	Polymer & Resin	Germany	1,160 USD/MT

Explore 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 2025 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.

Explore the factors affecting High-Density Polyethylene (HDPE) resin prices, including crude oil and natural gas costs, supply and demand dynamics, manufacturing expenses, geopolitical factors, technological advancements, and environmental regulations. Understand the complexity behind HDPE pricing and the need for updated market insights.

273435 Global export shipment records of Polyethylene Resin with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

South Korea PPI: Commodities: Polyethylene resin data was reported at 96.090 2015=100 in Apr 2019. This records a decrease from the previous number of 96.400 2015=100 for Mar 2019. South Korea PPI: Commodities: Polyethylene resin data is updated monthly, averaging 102.965 2015=100 from Jan 2010 (Median) to Apr 2019, with 112 observations. The data reached an all-time high of 117.830 2015=100 in Feb 2014 and a record low of 87.390 2015=100 in Jan 2010. South Korea PPI: Commodities: Polyethylene resin data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.I036: Producer Price Index: Commodities: 2015=100.

3304 Global import shipment records of Polyethylene Resin with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global PE resins market size is estimated to value at US$ 1,43,622.2 million in 2023 and is expected to reach US$ 1,98,712.3 million by 2033. The market is assumed to register a CAGR of 3.3% from 2023 to 2033.

Attribute	Details
PE Resins Market Size 2022	US$ 1,38,765.4 million
PE Resins Market Size 2023	US$ 1,43,622.2 million
PE Resins Market Size 2033	US$ 1,98,712.3 million
PE Resins Market Value CAGR (2018 to 2022)	2.8%
PE Resins Market Value CAGR (2023 to 2033)	3.3%

Country-wise Insights

Attribute	Details
Region	The United States
Market Share % 2023	16.4%
Market Size (US$ million) by 2023	US$ 23,554.04 million
Market Size (US$ million) by End of Forecast Period (2033)	US$ 32,588.81 million

Country	CAGR % (2023 to 2033)
India	4.3%

Category-wise Insights

Segment	Market Share (2023)
Packaging	35.5%

Scope Of PE Resins Market Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	US$ million for Value and ‘000 Tonnes for Volume
Key Regions Covered	North America, the Asia Pacific, Western Europe, Eastern Europe, Latin America, the Middle East & Africa, and Japan
Key Countries Covered	The United States, Canada, Brazil, Mexico, Germany, Italy, France, the United Kingdom, Spain, Russia, GCC Countries, China, India, and Australia & New Zealand
Key Segments Covered	Resin Type, End Use, Region
Key Companies Profiled	Exxon Mobil Corp. E.I. du Pont de Nemours & Co. Lyondell Basell Industries NV LG Chem Ltd. Formosa Plastics Corporation The Dow Chemical Company Saudi Arabia Basic Industries Corporation Ineos Group Limited Chevron Phillips Chemical Co. LLC Saudi International Petrochemical Company - Sipchem LANXESS Corporation Braskem S.A. Borouge Versalis S.p.A. NOVA Chemicals Corporation BASF SE
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

The global price of polyethylene terephthalate (PET) in 2022 was 1,161.9 U.S. dollars per metric ton, showing an increase from the previous year's value of 1,065.7 U.S. dollars per metric ton. PET is extensively used in the textile industry to make polyester fibers, as well as for various packaging applications like beverage bottles, food containers, and personal care products. PET market outlook This increase in the global price of PET coincides with a rise in the market value of PET worldwide, which reached 33.51 billion U.S. dollars in 2022, up from 32.35 billion U.S. dollars in 2021. The market value is projected to continue growing, reaching an estimated 43.26 billion U.S. dollars by 2030. This growth in market value is reflective of the increasing demand for PET, with the global market volume of PET reaching 25.47 million metric tons in 2022, up from 19.71 million metric tons in 2015. Environmental footprint of PET and bioplastic PET PET is a widely used plastic with various applications, but its production and usage come with environmental concerns. Although it is entirely recyclable, traditional PET is derived from non-renewable resources and is not biodegradable, contributing to plastic pollution and resource depletion. In response, there has been growing interest in bioplastic PET, which is made from renewable resources and is biodegradable. However, despite its potential benefits, there is a forecasted decline in the production capacity of bioplastic PET. In 2023, the production capacity stood at 2.2, but it is forecasted to drop to 0.4 by 2028. While bioplastic PET is made from renewable resources and is biodegradable, it still has some environmental downsides. For instance, the production process for bioplastic PET can be energy-intensive and water-consuming, and the biodegradation process may release methane, a potent greenhouse gas. As a result, some companies are exploring even more sustainable bioplastic alternatives, such as plant-based materials like polylactic acid (PLA) or fully biodegradable plastics like polyhydroxyalkanoates (PHA).

Plastic Resins Market Size And Forecast

Plastic Resins Market size was valued at USD 417.7 Billion in 2024 and is projected to reach USD 589.49 Billion by 2031, growing at a CAGR of 4.40% during the forecast period 2024-2031.

Global Plastic Resins Market Drivers

The market drivers for the Plastic Resins Market can be influenced by various factors. These may include:

Increasing Demand From End-Use Industries: Plastic resins are widely used by the automotive, construction, electronics, and healthcare industries. The market is significantly driven by the demand from these industries.

Population Growth And Urbanisation: Products manufactured of plastic resins, such as consumer goods, building materials, and packaging materials, are in greater demand as the world’s population continues to rise, especially in urban areas.

Technological Developments: Continuous improvements in the processes used to make plastic resins result in better products in terms of performance, quality, and affordability, which propels market expansion.

Environmental Rules And Sustainability Concerns: Demand for sustainable alternatives, such bio-based and biodegradable plastics, is driven by increased environmental consciousness and stringent rules on single-use plastics. This has an impact on market dynamics.

Transition To Lightweight And Fuel-Efficient Cars: The automotive sector’s emphasis on lowering vehicle weight to improve fuel economy and comply with regulations raises demand for lightweight composites and polymers, which propels the Plastic Resins Market.

Consumer Preferences And Lifestyle Shifts: Shifting consumer preferences towards sustainability, ease of use, and aesthetics affect the market for plastic resins by driving up demand for plastic items.

Infrastructure Development: The need for building materials, such as plastic resins used in pipes, fittings, insulation, and other uses, is fueled by infrastructure development initiatives, particularly in rising nations.

Economic Development And Industrialization: In developing nations, these factors promote infrastructural development and a rise in industry, which in turn increases demand for plastic resins.

Globalisation And Commerce Dynamics: The dynamics of supply and demand for plastic resins are influenced by geopolitical considerations, tariffs, and patterns of global commerce, which in turn affects market expansion.

Prices And Availability Of Raw Materials: The pricing and availability of raw materials like petrochemicals, natural gas, and crude oil have a direct impact on the costs associated with producing plastic resins, which in turn affects market dynamics.

In 2024, the U.S. plastics materials and resin market decreased by -0.4% to $67.9B, falling for the sixth consecutive year after two years of growth. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $80.5B in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

43416 Global export shipment records of Hdpe Resin with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The global plastic resins market size is expected to reach USD 982.3 billion by 2028 according to a new study by Polaris Market Research.

Plastic and resin manufacturers are experiencing transformation driven by regulatory pressures and an increasing focus on sustainable practices. New regulations aimed at reducing plastic waste and enhancing recycling rates are compelling manufacturers to adopt circular economy models. This shift is essential as companies strive to meet both regulatory requirements and consumer expectations for eco-friendly products. Companies, such as Dow Chemical and LyondellBasell, are responding by developing recycled and reusable products, which both address regulatory demands and position them favorably in the market. Simultaneously, demand for lightweight materials in sectors like automotive and aviation is expanding. These sectors are increasingly opting for advanced resins, such as carbon fiber-reinforced polymers (CFRP), due to their superior strength-to-weight ratios. This demand is driving investments in research and development aimed at creating high-performance materials that meet industry-specific needs. As companies innovate to keep pace with these trends, they also navigate regulatory changes and cost implications, along with volatility in input costs and shifts in economic growth patterns. Despite experiencing 1.8% CAGR growth during the current period, with revenues reaching $110.4 billion, elevated volatility in commodity prices has contributed to severe revenue fluctuations. In 2025 alone, revenue is projected to decline 2.8%, driven by a combination of cost and demand factors. Looking forward, the ability to sustain market share in foreign markets and domestic economic expansion are pivotal for the industry's future success. The projected revenue increase to $114.0 billion by 2030 at a 0.6% CAGR highlights the need for a global outreach strategy. However, navigating tariffs remains a challenge, as they can affect trade dynamics and market access. A weaker US dollar may provide some relief by enhancing export competitiveness. Domestically, increased demand in the construction and automotive sectors will support the need for plastic and resin materials. Additionally, manufacturers will increasingly invest in low-emission technologies and sustainability-driven innovations, balancing adaptation costs with the need to maintain profitability and leadership in a rapidly evolving market landscape.

Learn about the factors that determine the price of High Density Polyethylene (HDPE), one of the most widely used plastics due to its toughness, flexibility, and resistance to chemicals, moisture, and UV radiation. Discover how crude oil prices, supply and demand, and the type and quality of the resin influence HDPE prices, and get updated information on 2020 and early 2021 prices and potential future fluctuations.