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Date Submitted: 10/24/2016 04:50 AM
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Abaca Fiber Market - Global Industry Single User License:
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REPORT DESCRIPTION
Global Abaca Fiber Market: Overview
Abaca, also called as manila hemp, is extracted from the leaf sheath around the trunk of Musa textilis, a type of banana plant that is mostly
found in the Philippines and humid tropics. Harvesting and cultivating abaca is a labor-intensive process as the pulp is removed by cutting
strips and scraping stalks. Fibers obtained from the process are then dried and removed. Abaca fiber has high strength and is used in the
paper industry for making mimeograph mats and teabags.
It is also used to make handicraft such as carpets, furniture, clothing, and bags. Abaca fiber is used in fishing nets, hawsers, and shipping
lines due to beneficial properties such as flexibility, durability, and saltwater resistance. It is classified as a hard fiber along with sisal, coir,
and henequin. In addition, abaca fiber is used in gifts, toys, and housewares. Furthermore, it is used as an alternative to glass fiber
reinforced plastics components. Various local textile manufacturers use 30% to 50% of abaca in the production of maong (denim).
Global Abaca Fiber Market: Drivers and Restraints
Abaca is used in end-user industries such as fiber craft, paper & pulp, and cordage. In terms of consumption, pulp & paper was the largest
end-user of abaca fiber followed by cordage and fiber craft industries in 2014. Wide application range of abaca fiber in the production of...