May 26, 2023 - United States Of America
May 26, 2023 - United States Of America
“An element of INDA’s mission is to provide credible statistics to the nonwovens and engineered materials industry,” said Tony Fragnito, INDA president. “Our objective is to continually improve the quality of data and industry information. We feel the industry will greatly benefit from this in-depth resource for strategic planning and investment purposes.”
The complete study is provided to producers who supplied key metrics. The executive summary, an overview of the findings and implications, will be offered to current INDA members on a complimentary basis. The detailed study is available for purchase, with members receiving a discount. Findings from this year’s study highlight that the North American capacity continues to increase with investments being made across all the processes and for a variety of end-uses. The industry’s nameplate capacity utilisation has increased year-over-year, for the fifth consecutive year.
In 2022, capacity of nonwovens in North America reached 5.565 million tonnes, an increase from the previous year of 2.4 per cent (net growth of 128,700 tonnes) and an improvement over the previous year’s growth rate of 1.8 per cent. North American imports, in tonnage, decreased 24.3 per cent in 2022 and exports decreased 16.3 per cent due to market stabilization after COVID. Nonwoven production tends to stay within the region, so the net trade balance (imports less exports) accounted for less than 5.5 per cent of the region’s capacity, as per the study.
“2022 was a period of economic adjustment and stabilization,” said Mark Snider, chief market & industry analyst. “We’re seeing a controlled and consistent transition back to pre-pandemic levels of nonwoven growth.”