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Driving Innovation: Global Abaca Fiber Market Demand and Opportunities 2018-2025

Qyresearchreports include new market research report "Global Abaca Fiber Market Research Report 2018" to its huge collection of research reports.
kieron timberlake | 10.08.2018
Qyresearchreports © kieron timberlake
This report studies the global Abaca Fiber market status and forecast, categorizes the global Abaca Fiber market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

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.

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Major end-use industries of abaca fiber include paper & pulp, fiber craft, and cordage. Paper & pulp industry was the largest end-use industry for abaca fiber followed by cordage manufacturing and fiber craft industry. Increasing application scope of abaca fiber in the manufacturing of specialty paper is likely to be one of the key factors to drive demand for abaca fibers in the paper & pulp industry. Rising demand for cordage in industrial applications including production of ropes for ships is expected to boost its demand over the next seven years.

Asia Pacific was the largest market for abaca fiber in terms of production and consumption over the past few years and trend is expected to continue over the forecast period. Philippines being the worlds largest abaca producer holds the major market share in the Asia Pacific market. Considerable portion of produced abaca fiber in Philippines is internally consumes while a major portion is exported to various countries including U.S., Japan and other European countries. Government of Philippines is taking supportive initiatives to increase production levels of high quality abaca fiber for domestic consumption and export. This is expected to further strengthen its market positioning and open market opportunities for new players over the next seven years.

The global Abaca Fiber market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major manufacturers covered in this report
Ching Bee Trading Corporation
Peral Enterprises
MAP Enterprises
Tag Fibers, Inc.
Yzen Handicraft Export
Selinrail International Trading

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Fine Abaca Fiber
Rough Abaca Fiber

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Paper & Pulp
Fiber Craft
Cordage

Get more information from Research Report Press Release: https://www.qyresearchreports.com/report/global-abaca-fiber-market-research-report-2018.htm

The study objectives of this report are:
To analyze and study the global Abaca Fiber capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Abaca Fiber manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Abaca Fiber are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Abaca Fiber Manufacturers
Abaca Fiber Distributors/Traders/Wholesalers
Abaca Fiber Subcomponent Manufacturers
Industry Association
Downstream Vendors

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