Polypropylene rose to 7,084 CNY/T on August 6, 2025, up 0.25% from the previous day. Over the past month, Polypropylene's price has risen 0.38%, but it is still 6.06% lower than a year ago, 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 Polypropylene.

In 2023, the global average price of polypropylene (PP) was *** U.S. dollars per ton – a decrease of *** U.S. dollars, compared with the previous years. The global polypropylene market The global polypropylene market was valued at ****** billion U.S. dollars in 2022. The global PP market is projected to continue growing over the next decade, registering a CAGR of *** percent during the forecast period of 2023 to 2030 to reach a value of ****** billion U.S. dollars. This will see the polypropylene market volume rise to over 100 million metric tons by 2030. Polypropylene end-uses Polypropylene is one of the most commonly used thermoplastics due to its elasticity and durability and is used across a wide range of end-uses including electronics, transportation, and construction. However, the major end-user of polypropylene is the plastic packaging industry.

Why did the Polypropylene (PP) Price Change in July 2025? The Polypropylene (PP) spot price decreased by approximately 10.9% quarter-over-quarter in Q2 2025, reflected in a declining Price Index.

The price of post-consumer recycled polyethylene terephthalate (R-PET) colored flakes in Western Europe was up to ***** euros per metric ton in August 2022. In July 2022, R-PET prices increased by roughly *** euros from the previous month due to rising mixed and colored bottle scrap prices and reduced supply. R-PET grades were the only post-consumer recycled polymers to register price increases in August 2022.

Get comprehensive insights into the Polypropylene market, with a focused analysis of the Polypropylene price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

Explore the complexities of the global polymer market as it faces price fluctuations due to supply chain disruptions, COVID-19 impacts, rising raw material costs, and sustainability trends. Understand how these factors affect manufacturers and end-users, with insights into regional variations and future market transformations.

Why did the Superabsorbent Polymer Price Change in July 2025? Throughout Q2 2025, the price of imported Superabsorbent Polymer (SAP) in the U.S. showed a mixed trend, influenced by import tariffs, supply constraints in overseas markets, and persistent port congestion issues.

The global acrylic polymer market reached $60.3B in 2024, growing by 3.1% against the previous year. Overall, the total consumption indicated a perceptible increase from 2012 to 2024: its value increased at an average annual rate of +3.8% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -4.5% against 2022 indices.

This statistic displays the Wholesale Price Index (WPI) of polymers across India between the financial years of 2011 and 2016. For instance, in the financial year of 2016, the WPI for polymers was 146.03, which means it increased by about 46 percent from the base year of 2005.

Why did the Low Density Polyethylene Price Change in July 2025? The LDPE Price Index in North America showed a quarter-over-quarter decline by 8% in Q2 2025, reflecting bearish market sentiment amid oversupplied conditions and subdued demand across key downstream sectors.

Get the latest insights on price movement and trend analysis of High-Density Polyethylene (HDPE) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the High Density Polyethylene Price Change in July 2025? The HDPE Price in the United States increased by 1% quarter-over-quarter in Q2 2025, driven by stronger domestic procurement and rising feedstock costs, particularly ethylene.

Explore the dynamic pricing factors of SABIC polymers, from crude oil costs to geopolitical events. Learn how technological advancements and market demands influence polyethylene and polypropylene prices, and discover how businesses can stay informed with industry reports.

The price of high-density polyethylene (HDPE) has fluctuated significantly from 2017 to 2023, reaching a low of *** U.S. dollars per metric ton in 2020 and a high of ***** U.S. dollars per metric ton in 2018. The price was shown to have increased slightly from this 2020 minimum to a value of *** 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 *** billion U.S. dollars and was forecast to increase to a value of *** billion U.S. dollars by 2030. The ethylene market is predominantly dominated by the Asia Pacific region, contributing **** percent of total revenue. China holds the position of the world's largest consumer of ethylene, accounting for ** percent of global demand, while the remaining Asian countries consumed ** 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 **** billion metric tons, but only **** 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.

Polyethylene fell to 7,294 CNY/T on August 8, 2025, down 0.11% from the previous day. Over the past month, Polyethylene's price has risen 0.54%, but it is still 12.24% lower than a year ago, 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.

Why did the Recycled Polypropylene Price Change in July 2025? The R-PP Spot Price in the USA demonstrated steady performance across Q2 2025, with the Price Index showing no significant fluctuations over the three-month period.

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

Get the latest insights on price movement and trend analysis of Low-Density Polyethylene (LDPE) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

According to Cognitive Market Research, the global Plastics And Polymers market size is USD 614514.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 245805.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 184354.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 141338.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 30725.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 12290.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The Nylon held the highest Plastics And Polymers market revenue share in 2024.

Market Dynamics of Plastics And Polymers Market

Key Drivers for Plastics And Polymers Market

High demand for plastics in packaging to Increase the Demand Globally

High demand for plastics in packaging drives the Plastics and Polymers Market due to several key factors. Plastics offer superior properties such as lightweight, durability, flexibility, and cost-effectiveness, making them ideal for packaging applications. The rise in e-commerce and changing consumer lifestyles increase the need for efficient, protective packaging solutions, further boosting demand. Plastics also provide excellent barrier properties, protecting products from moisture, contamination, and damage, which is crucial for food and beverage packaging. Additionally, advancements in plastic technologies, including biodegradable and recyclable plastics, align with growing environmental concerns, promoting their use. As companies and consumers seek sustainable packaging options, the demand for innovative plastic materials in packaging continues to grow, driving the overall market expansion.

Restraint Factor for the Plastics And Polymers Market

High Initial Investment Cost to Limit the Sales

High initial costs are restraining the Plastics and Polymers Market due to several factors. Developing and implementing new polymer technologies, such as biodegradable plastics and high-performance composites, require significant investment in research and development. Additionally, setting up advanced manufacturing facilities and acquiring specialized equipment contribute to these costs. For businesses, the transition to new materials and processes can be financially challenging, especially for small and medium-sized enterprises (SMEs). These initial expenses can also lead to higher product prices, potentially reducing market competitiveness and consumer adoption. Furthermore, the high costs of raw materials and energy-intensive production processes add to the overall expense, making it difficult for manufacturers to achieve economies of scale. As a result, these financial barriers can slow down the market's growth and widespread adoption of innovative plastic and polymer solutions.

Opportunity for the Plastics And Polymers Market

Growing use of polymers in automotive components to Propel Market Growth

The growing use of polymers in automotive components is an opportunity for the Plastics and Polymers Market due to their ability to significantly reduce vehicle weight, enhancing fuel efficiency and reducing emissions. Polymers provide excellent strength-to-weight ratios, corrosion resistance, and design flexibility, making them ideal for various automotive parts such as interior panels, bumpers, and under-the-hood components. The push for electric vehicles (EVs) further amplifies this demand, as lightweight materials are crucial for extending battery life and performance. Additionally, advanced polymer composites offer superior performance characteristics, such as impact resistance and durability, which improve vehicle safety and longevity. As automotive manufacturers strive to meet stringent environmental regulations and consumer demand for efficient vehicles, ...

Explore the latest trends and price dynamics in the global polymer market. Learn about the factors influencing the prices of key polymers like polyethylene, polypropylene, polyvinyl chloride, and polystyrene in industries such as packaging, automotive, electronics, and construction.