Over the past year, the market has had more challenges than I’ve come across during my 30 years experience. In the past I have seen sharp price increases, and I have experienced several shortages, and delivery delays due to material allocations by resin vendors. This is the very first time I have seen all these issues at the same time.
PTFE (TFE) and PVDF both are on allocation.
The two of these resins are in short supply. The PTFE Sheet suppliers product PTFE (TFE) and Kynar manufacturing requires a mineral called Fluorspar which is mined in Mongolia and China. The worldwide need for this mineral has increased significantly, along with the supply has tightened. PTFE materials have high temperature resistance, excellent chemical resistance and really low co-efficient of friction (slick) and is used throughout dozens of applications from non-stick fry kitchenware to ptfe tape for home use. This mineral is actually the crucial raw materials in the production of fluoropolymers, fluorolubricants and several refrigerants.This surge in demand linked with general shortage of raw materials is responsible for a dramatic price increase (almost double over the past year), shortages, and we expect these two factors to continue in the near future.