Within the last year, the market has experienced more difficulties than I have seen in my 30 years experience. In the past I have seen sharp price increases, and I have seen several shortages, and delivery problems caused by resin allocations through resin suppliers. This is definitely the very first instance I have seen all these issues at the same time.
Polytetraflouroethylene (TFE) and Kynar - PVDF both are on allocation.
Both of these resins are in short supply. The PTFE Sheet product PTFE (TFE) as well as Kynar manufacturing requires a mineral called Fluorspar that is mined in Mongolia and China. The world requirement for this mineral has grown significantly, along with the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and really low co-efficient of friction (slick) and is used in tons of applications from non-stick fry pans to ptfe tape for personal use. This mineral is actually the key raw material in the production of fluoropolymers, fluorolubricants and several refrigerants.This escalating demand mixed with general shortage of raw materials is mainly responsible for a dramatic price increase (almost double within the past year), shortages, and we expect both these factors to keep at it in the near future.
Saturday, June 12, 2021
What caused the PTFE and Kynar- PVDF extended delivery times
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