How come there's a Teflon Products and Kynar- PVDF Price Increases.
Within the last year, the market has had more challenges than I've come across during my over 25 years of experience. In the past I have seen sharp price increases, and I have experienced several shortages, and delivery issues as a result of resin allocations by resin suppliers. This is the first occasion I have seen all these issues at the same time.
PTFE Rod (TFE) and Kynar both are on allocation.
The two of these resins are in short supply. The PTFE - Polytetrafluoroethylene product PTFE (TFE) along with Kynar manufacturing requires a mineral called Fluorspar that is mined in Mongolia and China. The world need for this mineral has increased significantly, and the supply has tightened. PTFE materials have high temperature resistance, excellent chemical resistance and really low co-efficient of friction (slippery) and is used throughout a lot of purposes from non-stick fry pans to ptfe tape for use at home. This specific mineral is the important raw material within the manufacturing of fluoropolymers, fluorolubricants and many refrigerants.This rise in demand paired with shortage of raw materials is responsible for a dramatic price increase (almost double within the past year), shortages, and we expect these two factors to stay in affect in the near future.
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