What is causing the TFE and PVDF Price Increases.
Throughout the last year, the business has experienced more shortages than I have 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 on account of plastic resin allocations by plastic resin companies. This is the first instance I have seen all these issues at one time.
PTFE Rod (TFE) and PVDF are both on allocation.
The two of these resins are in short supply. The PTFE Sheet product PTFE (TFE) and Kynar manufacturing requires a mineral called Fluorspar that is mined in Mongolia and China. The worldwide demand for this mineral has grown significantly, additionally, the supply has tightened. PTFE materials have high temperature resistance, excellent chemical resistance and very low co-efficient of friction (slippery) and is used within tons of applications from non-stick fry pans to ptfe tape for use at home. This mineral is actually a essential raw materials within the production of fluoropolymers, fluorolubricants and many refrigerants.This escalating demand linked with general 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 continue in the near future.
When you are shopping around for a plastic sheet supplier you will certainly additionally wish to look into the business that you are handling to make sure that they are going to be around for a very long time. If you are going to be having a great deal of problems with your plastic sheet supply you are going to want to make sure that you are most likely to be able to trust them to remain to supply you with the high-quality item that you have actually concerned anticipate, for many years.