Polytetrafluoroethylene (PTFE) price February 2024 and outlook (see chart below)

  • North America:US$14.46/KG, -1.9% down
  • Europe:US$15.3/KG, -2.5% down
  • Northeast Asia:US$7.91/KG, -0.5% down
  • India:US$13.1/KG, -0.1% down
The chart below summarizes PTFE price trend per region, as well as the outlook. It takes a moment to load.

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Polytetrafluoroethylene (PTFE) price index

This post is a summary of the polytetrafluoroethylene (PTFE) prices. The price developments of polytetrafluoroethylene (PTFE) are expressed in US$ prices converted at FX rates applicable at the time when the price was valid. polytetrafluoroethylene (PTFE)  price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for polytetrafluoroethylene (PTFE) on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of polytetrafluoroethylene (PTFE)
  • Recent price developments of underlying feedstocks which drive the price of polytetrafluoroethylene (PTFE)
  • Market futures for both cost drives and feedstocks of polytetrafluoroethylene (PTFE) prices
  • Adjustment of current supply/demand imbalances in the polytetrafluoroethylene (PTFE) market
  • Longer term trends in likely demand conditions

Further information on  Polytetrafluoroethylene (PTFE):

Here is some further information

 

What is PTFE

PTFE, also known as polytetrafluoroethylene, is a synthetic fluoropolymer of tetrafluoroethylene. It is a white, solid material that is known for its chemical resistance, high melting point, and low coefficient of friction.

 

How is PTFE produced

PTFE, also known as polytetrafluoroethylene, is a synthetic fluoropolymer that is made from tetrafluoroethylene (TFE) monomers. The monomers are first polymerized to form a polymer called polytetrafluoroethylene (PTFE). The PTFE is then molded into the desired shape using a process called sintering, which involves heating the PTFE to a high temperature while applying pressure.

Other ingredients may be added to the PTFE during the manufacturing process to modify its properties, such as to improve its strength, flexibility, or electrical conductivity. These ingredients may include fillers, such as glass fibers or carbon fibers, as well as additives to improve the processability of the material.

It is important to note that the exact ingredients and process used to manufacture PTFE may vary depending on the specific application and desired properties of the final product.

 

What is PTFE used for

PTFE, also known as polytetrafluoroethylene, is a synthetic fluoropolymer that is known for its excellent chemical and temperature resistance, as well as its low friction properties. It is used in a wide range of applications, including:

Seals and gaskets

PTFE is often used as a sealing material in various applications, such as in pipe fittings and valve stems. It is known for its ability to seal against a variety of media and its resistance to temperatures up to 260°C (500°F).

Bearings

PTFE is used in the production of bearings and bushings, due to its low friction properties.

Electrical insulation

PTFE is used as an electrical insulation material, due to its excellent resistance to electricity and high temperature tolerance.

Cooking utensils

PTFE is used to make non-stick cooking utensils, such as frying pans and bakeware. It is known for its ability to reduce food sticking to the surface.

Other

PTFE is also used in the production of a variety of other products, including medical implants, chemical processing equipment, and automotive parts.

 

What is TEFLON

Teflon is a brand name for PTFE, Teflon is a registered trademark of the chemical company DuPont, and it is often used as a general term to refer to PTFE and other related fluoropolymers.

Teflon is used in a wide variety of applications due to its unique properties. It is often used as a coating for pans and other cookware, as it is highly resistant to heat and has a low coefficient of friction, making it non-stick. Teflon is also used in the production of gaskets, seals, and bearings, as it is resistant to wear and has a low coefficient of friction.

Other common uses of Teflon include electrical insulation, as it is resistant to electrical current, and in the production of medical devices, as it is biocompatible and resistant to chemical attack. It is also used in the aerospace and automotive industries, as well as in a variety of other industrial and commercial applications.

 

Further reading

 

Trade information about PTFE

According to https://oec.world/Polytetrafluoroethylene are the world’s 1981st most traded product.

In 2020, the top exporters of Polytetrafluoroethylene were China ($208M), Germany ($121M), United States ($114M), India ($99.1M), and Italy ($95.2M).

In 2020, the top importers of Polytetrafluoroethylene were United States ($121M), Germany ($93.9M), Italy ($92.5M), South Korea ($74.6M), and China ($61M).

According to a report by MarketsandMarkets, the PTFE market is expected to reach a value of $6.9 billion by 2025, growing at a compound annual growth rate of 5.4% from 2020 to 2025. This growth is driven by increasing demand for PTFE in various industries, including automotive, aerospace, and chemical processing, as well as by the growing demand for non-stick cookware and the increasing use of PTFE in medical and personal care products.

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