Abaca Fiber Market – Current Analysis by Market Share

Abaca fiber more commonly called Manila hemp is a vegetable fiber that comes from the sterile stalks of the Musa textilis commonly referred to as banana plant from the Philippines. The high-strength biodegradable and sustainable fiber is well known for its excellent mechanical properties as well as resistance to decomposition by saltwater, establishing itself as a versatile material suited to many industries. It has a main application in cords, ropes, marine, specialty papers, textiles and other forms of composites. Because of this, the abaca fiber is slowly catching up as an environmentally friendly material with better physical characteristics than synthetic fibers, which are not friendly to the environment.