What is PTFE used for? The benefits, uses and properties of PTFE PTFE's beneficial properties enable it to be used in a wide range of applications, such as seals (including PTFE 'O' rings), PTFE gaskets, valves, wire insulation, insulated transformers, bearings, surface coatings, chemical processing equipment, chemical transport and PTFE rubber diaphragms – to name but a few.