The global abaca fiber market has witnessed strong growth over the past few years due to the growing demand from the pulp manufacturing industry. The market is expected to show significant growth due to the continued development of the Philippine textile craft industry. Also, abaca fiber is used in toys, gifts and household items. Increasing demand for these products is expected to increase market growth over the forecast period. Abaca fibers are widely used in the manufacture of specialty papers. Strong demand from the paper industry is expected to supplement the market growth during the forecast period. It is also expected to increase in demand over the next seven years as the range of applications for this fiber increases in ropes and yarns, fabrics and handicrafts.
A full report of Abaca Fiber Market available at https://www.orionmarketreports.com/abaca-fiber-market-size-market/10316/
Abaca Fiber Market Segmentations
By Product Type:
• Fine Abaca Fiber
• Rough Abaca Fiber
By Application:
• Paper & Pulp
• Fiber Craft
• Cordage
Market Players Profiled
• Ching Bee Trading Corporation
• Italfil Expo Bags Company Limited
• MAP Enterprises
• Peral Enterprises
• Selinrail International Trading
• Tag Fibers, Inc.
• The Fiber World
• Yzen Handicraft Export
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
