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Smart Card Materials: Global Market Analysis & Forecasts by Material, Type and Application - Forecast to 2025 - ResearchAndMarkets.com

September 24, 2018

DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “Smart Card Materials Market Analysis Report By Material (PVC, Polycarbonate), By Type (Contact, Contactless, Multi-Component), By Application (Telecom, BFSI, Retail, Government), And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.

The global smart card materials market size is expected to reach USD 1.29 billion by 2025., progressing at a CAGR of 3.7% during the forecast period.

Increasing demand for secure and reliable payment transactions is one of the primary growth stimulants for the market. In addition, cost saving schemes for merchants of payment brands and growing inclinations towards cashless payments are further stimulating the growth of the market.

Significant technological advancements, IT revolution, e-governance, and digitization happening across the world are leading to an increase in adoption of smart cards in various end-use sectors. These sectors include banking, financial services and insurance (BFSI), healthcare, government, retail, telecommunication, and hospitality. A broad range of smart cards, including membership cards, government ID cards, gift cards, loyalty cards, access cards, and debit/credit cards, is used in the aforementioned sectors.

Several factors such as personalization, selection of material, operational accuracy, data integrity, easy implementation, and top-level security are taken into consideration while manufacturing smart cards in order to fulfill requirements of end users. Manufacturing of smart cards can be distinguished based on application and technical/physical properties required.

Further key findings from the report suggest:

Polycarbonate is projected to emerge as the fastest growing material segment and is expected to register a CAGR of 4.4% between 2018 and 2025 The polyvinyl carbonate (PVC) segment will continue to be the largest material segment over the forecast period The Asia Pacific market is projected to experience the fastest growth over the same period owing to rising demand from various application sectors, especially from telecommunication and BFSI

Key Topics Covered

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Smart Card Materials Market Variables, Trends, and Scope

Chapter 4 Smart Card Materials Market: Material Estimates & Analysis

Chapter 5 Smart Card Materials Market: Type Estimates & Analysis

Chapter 6 Smart Card Applications Market: Application Estimates & Analysis

Chapter 7 Smart Card Materials: Region Estimates & Analysis

Chapter 8 Competitive Landscape

Chapter 9 Company Profiles

Eastman Chemical Company SK Chemicals PetroChina Company Limited Solvay SA Axiall Corporation Kem One SAS SABIC Innovative Plastics 3A Composites GmbH Teijin Ltd. LG Chemicals Formosa Plastics Group BASF SE

For more information about this report visit https://www.researchandmarkets.com/research/cv5l7g/smart_card?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180924005922/en/

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Related Topics:Smart Cards

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SECURITY SEMICONDUCTOR

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/24/2018 03:30 PM/DISC: 09/24/2018 03:30 PM

http://www.businesswire.com/news/home/20180924005922/en

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