It is woven in India from "recycled textile fiber" not New Zealand wool. From the properties of this fabric I would say it is mostly cotton which is extremely absorbent, not what you want for a horse blanket. A horse blanket if it is to be used as one is best made from wool felt or a mostly wool blend. This provides proper wicking, padding and odor resistance.If you want this as a decoration piece or chair pad it looks nice and isn't as itchy as a real wool horse blanket. If yo are going to use it under a saddle, well you get what you pay for.