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Global Smart Card Materials Market Size study, By Card Type (Contact Cards, Contactless Cards, Multi-Component Cards), By Type of Material (Polyvinyl Chloride (PVC), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate-Glycol (PETG), Others), By Application (BFSI, Telecommunication, Retail, Hospitality, Others), and Regional Forecasts 2022-2028

Global Smart Card Materials Market Size study, By Card Type (Contact Cards, Contactless Cards, Multi-Component Cards), By Type of Material (Polyvinyl Chloride (PVC), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate-Glycol (PETG), Others), By Application (BFSI, Telecommunication, Retail, Hospitality, Others), and Regional Forecasts 2022-2028

Product Code: CMPP-19949361
Publish Date: 11-07-2022
Page: 200

Global Smart Card Materials Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. A smart card is a physical electronic authorization device that is primarily used to control access to a resource. Smart card materials are chemical material that is utilized for the production of a smart card that enables manufacturers to embed and print information over it. These materials include polyvinyl chloride (PVC), polycarbonate (PC), acrylonitrile butadiene styrene (ABS), polyethylene terephthalate-glycol (PETG), and many others. Factors such as rising inclination toward cashless payments, growing need for reliable and secure payment transactions, coupled with the increasing usage of these materials in universal integrated circuit cards (UICC) in mobile phones and subscriber identity modules (SIM) are driving the global market growth. For instance, according to Statista, in 2019, nearly USD 243.6 billion in non-cash transactions were carried out across Asia-Pacific comparatively higher than other regions. Also, it is estimated the figure constantly exceeds double the value of such transactions and reach around USD 493.2 billion by 2023. Thereby, the rising inclination towards non-cash transactions is fueling the demand for smart cards, which is augmenting the market growth across the world. However, volatility in the material prices and fraudulent activities, and security concerns impede the growth of the market over the forecast period of 2022-2028. Also, the rising applications of these cards in the telecommunication industry and growing initiatives for digitalization are anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Smart Card Materials Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of digital services and availability of well-established smart card usage systems. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing demand for smart cards in end-use industries, and the growth of various emerging economies, would create lucrative growth prospects for the Smart Card Materials Market across the Asia-Pacific region.

Major market players included in this report are:
Eastman Chemical Company
SK Chemicals
PetroChina Company Limited
Solvay S.A.
SABIC Innovative Plastics
3A Composites GmbH
Teijin Ltd.
LG Chemicals
Formosa Plastics Group
BASF SE

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Card Type:
Contact Cards
Contactless Cards
Multi-Component Cards
By Type of Material:
Polyvinyl Chloride (PVC)
Polycarbonate (PC)
Acrylonitrile Butadiene Styrene (ABS)
Polyethylene Terephthalate-Glycol (PETG)
Others
By Application:
BFSI
Telecommunication
Retail
Hospitality
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Smart Card Materials Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Smart Card Materials Market, by Region, 2020-2028 (USD Million)
1.2.2. Smart Card Materials Market, by Card Type, 2020-2028 (USD Million)
1.2.3. Smart Card Materials Market, by Type of Material, 2020-2028 (USD Million)
1.2.4. Smart Card Materials Market, by Application, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Card Materials Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Card Materials Market Dynamics
3.1. Smart Card Materials Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising inclination toward cashless payments
3.1.1.2. Growing need for reliable and secure payment transactions
3.1.2. Market Challenges
3.1.2.1. Volatility in the material prices
3.1.2.2. Fraudulent activities and security concerns
3.1.3. Market Opportunities
3.1.3.1. Rising applications of these cards across telecommunication industry
3.1.3.2. Growing initiatives for the digitalization
Chapter 4. Global Smart Card Materials Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Smart Card Materials Market, by Card Type
6.1. Market Snapshot
6.2. Global Smart Card Materials Market by Card Type, Performance – Potential Analysis
6.3. Global Smart Card Materials Market Estimates & Forecasts by Card Type, 2018-2028 (USD Million)
6.4. Smart Card Materials Market, Sub Segment Analysis
6.4.1. Contact Cards
6.4.2. Contactless Cards
6.4.3. Multi-Component Cards
Chapter 7. Global Smart Card Materials Market, by Type of Material
7.1. Market Snapshot
7.2. Global Smart Card Materials Market by Type of Material, Performance – Potential Analysis
7.3. Global Smart Card Materials Market Estimates & Forecasts by Type of Material, 2018-2028 (USD Million)
7.4. Smart Card Materials Market, Sub Segment Analysis
7.4.1. Polyvinyl Chloride (PVC)
7.4.2. Polycarbonate (PC)
7.4.3. Acrylonitrile Butadiene Styrene (ABS)
7.4.4. Polyethylene Terephthalate-Glycol (PETG)
7.4.5. Others
Chapter 8. Global Smart Card Materials Market, by Application
8.1. Market Snapshot
8.2. Global Smart Card Materials Market by Application, Performance – Potential Analysis
8.3. Global Smart Card Materials Market Estimates & Forecasts by Application, 2018-2028 (USD Million)
8.4. Smart Card Materials Market, Sub Segment Analysis
8.4.1. BFSI
8.4.2. Telecommunication
8.4.3. Retail
8.4.4. Hospitality
8.4.5. Others
Chapter 9. Global Smart Card Materials Market, Regional Analysis
9.1. Smart Card Materials Market, Regional Market Snapshot
9.2. North America Smart Card Materials Market
9.2.1. U.S. Smart Card Materials Market
9.2.1.1. Card Type breakdown estimates & forecasts, 2018-2028
9.2.1.2. Type of Material breakdown estimates & forecasts, 2018-2028
9.2.1.3. Application breakdown estimates & forecasts, 2018-2028
9.2.2. Canada Smart Card Materials Market
9.3. Europe Smart Card Materials Market Snapshot
9.3.1. U.K. Smart Card Materials Market
9.3.2. Germany Smart Card Materials Market
9.3.3. France Smart Card Materials Market
9.3.4. Spain Smart Card Materials Market
9.3.5. Italy Smart Card Materials Market
9.3.6. Rest of Europe Smart Card Materials Market
9.4. Asia-Pacific Smart Card Materials Market Snapshot
9.4.1. China Smart Card Materials Market
9.4.2. India Smart Card Materials Market
9.4.3. Japan Smart Card Materials Market
9.4.4. Australia Smart Card Materials Market
9.4.5. South Korea Smart Card Materials Market
9.4.6. Rest of Asia Pacific Smart Card Materials Market
9.5. Latin America Smart Card Materials Market Snapshot
9.5.1. Brazil Smart Card Materials Market
9.5.2. Mexico Smart Card Materials Market
9.6. Rest of The World Smart Card Materials Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Eastman Chemical Company
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. SK Chemicals
10.2.3. PetroChina Company Limited
10.2.4. Solvay S.A.
10.2.5. SABIC Innovative Plastics
10.2.6. 3A Composites GmbH
10.2.7. Teijin Ltd.
10.2.8. LG Chemicals
10.2.9. Formosa Plastics Group
10.2.10. BASF SE
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

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