“This report is the benchmark for North American capacity, production, and supply information. It brings the clearest view available of the all-important supply/demand balance in the major nonwoven process categories. This is the only report we are aware of that publishes an industry operating rate; an essential element for our members’ strategic planning and business decisions,” says Dave Rousse, INDA President.
The report — and the INDA Quarterly Market Pulse and monthly Price Trends Summary — are provided to the 360-plus INDA member companies and associates as part of their membership.
New findings include:
- From 1990 to 2015, North American nonwovens capacity has increased an average of 5.4% per year, outpacing US real GDP, which grew at 2.4% per year over the same period. During this time the industry has more than quadrupled in size, adding over two million tonnes.
- In 2015, North America’s nonwoven capacity increased to 2.98 million tonnes,
(2.7% annual growth compared to the previous year’s growth of 1.2%). Suppressed investments due to the Great Recession, (2007 through 2009), subdued capacity growth through the end of 2014, producing a minimal additional 110,000 tonnes in North America, at an annual increase of 1.3%. “It appears accelerated growth in North American nonwoven capacity investments will continue through the next few years,” says Brad Kalil, dir.-Market Research and Statistics, INDA.
- Imports and exports are an important consideration in supply. North America receives imports (294,000 tonnes) comparable to 10% of the region’s capacity; while exporting 163,000 tonnes. Contrary to industry assumptions, imports from overseas into North America are not substantial, accounting for — on a net/net basis — just 4% of the regions nonwoven capacity.
“It is INDA’s objective to continue to provide and improve the quality of data and industry information. I continue to be pleased with the increasing participation of nonwoven producers completing the survey and our ability to identify new or previously unreported nonwovens capacity,” says Kalil.
More info: www.inda.org