Procurement Resource Evaluates The Price Trends Of LLDPE In Its Latest Insights And Dashboard

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Linear Low-Density Polyethylene is a variety of thermoplastic polymer that is obtained by copolymerizing ethylene along with but-1-ene, 1-octene, and 1-hexene. It has low shear sensitivity and a unique melt flow property, making it stand out in the list of other commercial polymers in the global market. It resists chemicals, such as alcohols, acids, and dilute alkalis. However, it shows low resistivity to aromatic and aliphatic compounds, as well as mineral oils and hydrocarbons.

Its melting point measures around 122° C. The material is highly flexible and has good elongation ability. It exhibits great wear and tear properties and can stand environmental stress cracks. It is puncturing resistant, high impact resistant, and shows excellent durability.

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The material is widely used in manufacturing several products derived from polymers and resins. It marks associations with the plastic manufacturing industries.

India, China, and Vietnam are the key importing countries for low-density polyethylene. On the other hand, the key exporting countries include the United States, India, and Qatar.

Key Details About the LLDPE 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 the LLDPE price 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 LLDPE Price Index, including India LLDPE price, USA LLDPE 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 LLDPE Price Trend:

LLDPE is a synthetic polymer with several commercial applications and is primarily used in the polymer manufacturing industry. The material is highly utilized for manufacturing various plastic products, including packing items and hard plastic materials. It is used to manufacture plastic bags, wraps, packaging, films, covers, pouches, toys, lids, buckets, containers, pipes, cables, wires, bottles, tubes, boxes, and more.

The material is flexible, provides excellent tensile strength, and can be easily molded into different shapes. All these properties make it an excellent alternative that can be used commercially to manufacture several products made up of synthetic fibres. It is utilized in numerous industrial sectors, including pharmaceutical, medical, agricultural, household, food packaging, chemical, and construction industries. The pipelines laid using LLDPE have high demands due to their durability and resistance to harsh environmental conditions.

Key Players:

  • Exxon Mobil
  • The Dow Chemical Company
  • Chevron Phillips Chemical Company LLC
  • MMC chemicals
  • Westlake Chemical

News & Recent Development

  • Date: January 12, 2023- US Food and Drug Administration (FDA) has granted a No-Objection remark to the post-consumer resin (PCR) producer to manufacture 100% recycled Linear Low-Density Polyethylene (LLDP) PCR.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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