Polyethylene is a thermoplastic polymer that is created by polymerizing ethylene monomer units. Owing to its versatility, low cost, and ease of production, it is the most frequently used plastic in the world.
It may be manufactured in a variety of densities and molecular weights, giving it a diverse set of qualities that make it useful in a variety of applications.
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It is a polymer that is extensively used in the manufacture of packaging goods such as plastic bags, food containers, and shrink wrap. Toys, household items, pipes and fittings, wire and cable insulation, and automobile parts are also made from it.
It is recognised for its low cost, durability, chemical, and moisture resistance, and ease of manufacturing.
India, Lithuania, the Netherlands, Mexico, Saudi Arabia, and the United States are the main exporters of polyethylene.
Key Details About the Polyethylene Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Polyethylene in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.`
The Polyethylene Price chart, including India Polyethylene price, USA Polyethylene price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Polyethylene Price Trend:
Polyethylene is commonly utilised to make packaging materials such as plastic bags, films, wraps, and containers. Its strength, durability, and capacity to protect items from moisture and other external variables make it valuable.
It is utilised in a variety of building applications, including insulation, piping, and roofing. It is regarded for its durability, chemical, and moisture resistance, and inexpensive cost.
It is used in agriculture for greenhouse films, irrigation tubing, and silage sacks, among other things. Its ability to protect crops and cattle from environmental variables makes it valuable.
It is utilised to make car elements like fuel tanks, bumpers, and interior trim. It is valued for its durability, chemical, and impact resistance.
It’s used to make wire and cable insulation, as well as electronic components like connectors and housings. It is valuable for its electrical insulation and moisture resistance.
It’s utilised in medical devices like tubing, syringes, and implanted devices. It is appreciated for its biocompatibility and resistance to sterilisation.
It is used to make recreational products such as kayaks, wakeboards, and helmets. It is prized for its strength, durability, and impact resistance.
Key Market Players:
- Saudi Basic Industries Corporation (SABIC)
- Exxon Mobil Corporation
- The Dow Chemical Company
- China Petroleum & Chemical Corporation (Sinopec)
- PetroChina Company Limited
- Reliance Industries Limited (RIL)
- Chevron Phillips Chemical Company
News and Events:
- April 2022: ExxonMobil released their Exceed S performance PE resins. These resins are simple to make and offer exceptional stiffness and toughness properties. In comparison to current industry standards, the new PE platform assisted the company in opening up prospective market prospects by simplifying film designs and formulations while enhancing conversion efficiency, film performance, and package durability.
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