Within the last year, the market has had more challenges than I've come across during my 3 decades experience. In the past I have seen sharp price increases, and I have observed several shortages, and delivery delays as a consequence of material allocations by resin suppliers. This is actually the first occasion I have seen all these issues at the same time.
PTFE (TFE) and Kynar are both on allocation.
The two of these resins are in short supply. The PTFE Sheet product PTFE (TFE) and Kynar-PVDF manufacturing requires a mineral called Fluorspar that is mined in Mongolia and China. The worldwide need for this mineral has grown significantly, as well as the supply has tightened. PTFE materials have high temperature resistance, excellent chemical resistance and incredibly low co-efficient of friction (slick) and is utilized throughout tons of applications from non-stick fry griddles to ptfe tape for use at home. This mineral is actually a important raw material in the manufacturing of fluoropolymers, fluorolubricants and lots of refrigerants.This increasing amount of demand combined with shortage of raw materials has caused a dramatic price increase (almost double throughout the last year), shortages, and we expect both these factors to keep at it in the near future.
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