Spunmelt Polypropylene Capacity and Demand Growth

摘要

We estimate that the global nameplate capacity of spun-bonded/spunmelt polypropylene nonwovens at year end 2017 was just below 4.4 million tons. Based upon announced expansions, nameplate capacity will increase to about 4.8 million tons by 2020 equal to annual growth rate of 1.8%. Actual global capacity is likely to be somewhat higher in 2022 than our current estimate given that suspected, but not yet announced, capacity expansions are omitted from our estimates and still more capacity expansions may be announced.