NEW YORK, June 13, 2024 /PRNewswire/ -- The global Abaca Fiber Market size is estimated to grow by USD 356.6 million from 2024-2028, according to Technavio. The market is estimated ...

Abaca Fiber Market Report Highlights The pulp and paper product segment accounted for the largest revenue share valued at USD 347.3 million in 2020 owing to rising demand for non-wood fibers as ...

The paper industry is another significant end-use sector for abaca fiber, thanks to its strength and durability. Abaca fiber is widely used in the production of premium paper products, such as ...

OSBORNE’S accidental discovery—as Sievert wrote—of turning abaca fiber into a specialty paper had put the Philippines on the global fiber map. Today, Manila generates an average $100 million ...

The Bicol region, a top producer of abaca fiber, would be the worst affected by the decision of the BSP to replace paper bills with polymer or plastic-made banknotes, industry officials said.

THE ABACA INDUSTRY will continue to prosper even with the shift to polymer banknotes from paper bills amid growing demand for natural fibers in the global market, the Bangko Sentral ng Pilipinas (BSP) ...

Key players in the market include manufacturers and suppliers of this natural fiber. Abaca fibers are used in various industries such as textiles, paper, and automotive. The trend towards ...