The Market

The molding industry is vast and widespread throughout North America with billions of dollars in annual revenue. While many categories define this segment, 16,000 companies are involved in just the manufacturing of plastic products alone. Normally, the segment obtains 215 billion dollars in annual revenue, but the product demand depends largely on the U.S. economy. By 2019, the molded plastics global market is projected to be worth 352 billion dollars.

Critical Coating Issues

Manufacturers spend thousands of dollars on mold release agents and the problems that are a direct result of their use. Mold release agents can result in products that are torn, cracked, or stick to the mold. Money is then wasted on manpower to repair the damage, or worse, the high cost of scrapping the product altogether. Teflon™ coatings provide a more permanent solution that reduces the use of mold releases or eliminates it altogether. The goal of Chemours is to enhance the manufacturing process and drive costs down through the use of Teflon™ products. 

Key Benefits of Teflon™ Industrial Coatings

  • Nonstick
  • Low Coefficient of Friction
  • Heat Resistance
  • Abrasion Resistance

Typical Applications

  • Thermoforming
  • Rotational molding
  • Compression molding
  • Vacuum forming
  • Clam shell mold
    • Open pour
    • Close pour
  • Injection molding

Information Resources

Society of Plastics Engineers

Canadian Plastics Industry Association

Plastics Machining & Fabricating Magazine

Related Market Research Codes

SIC Codes: 2656, 2673, 2674, 3069, 3085, 3089

Related NAICS Codes: 326111, 326112, 326160, 326299, 339999, 321115