PTFE - Polytetrafluoroethylene product PTFE (TFE) along with PVDF manufacturing requires a mineral called Fluorspar that's mined in Mongolia and China. The world requirement for this mineral has risen significantly, and also the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and very low co-efficient of friction (slippery) and is used throughout a bunch of applications from non-stick fry pots and pans to ptfe tape for use at home. This mineral is a critical raw material in the manufacturing of fluoropolymers, fluorolubricants and several refrigerants.This escalating demand paired with shortage of raw materials is mainly responsible for a dramatic price increase (almost double within the last year), shortages, and we expect both these factors to stay in affect in the near future.
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