Valley Cottage, NY -- (SBWIRE) -- 06/20/2019 -- Card Films Market Overview
Plastic money is greatly supported by plastic films used to produce the cards. Along with credit or debit cards, key cards, ID cards of institutions, companies or organizations is very common to be found with a person. Card films are special plastic films made durable and flexible with other properties like color holding capability, printability, heat resistance, right surface finish, capable of holding lamination or coating and much more. Card films differ from other plastic films due to high machinability as these cards require to be manufactured with very strict tolerances. Card films market seems to be fairly stable due to everlasting demand of cards in various industries and organizations. The applicability of card films is increasing due to its various advantages over other methods of identification and security.
Card Films Market Dynamics
Cards films for security and identification purpose need to possess various properties like excellent machinability as dimensions of the card need to be very precise. These cards are manufactured with very tight tolerances. This is the main purpose of manufacturing special films for manufacturing cards. Along with this, card films need to be durable, good printability, abrasion resistant, chemically inactive, waterproof, UV protected and much more. Along with these properties, the addition of magnetic stripe film and smart chip are the features enabling a card to generate various codes and making every card unique. Thus, card films are made suitable for such value added features and thus driving card films market. The antimicrobial surface protection is another feature introduced by various film making companies considering the rough use of the cards which are hardly ever cleaned. Such advancements in card films manufacturing are driving the card films market. Various organizations have adopted finger print detection systems for identification and security purpose. This system is proven to be more secure than card films, and loss of card creates a huge problem for the users. As fingerprint scanners are costlier than card system, finger print systems are used by very few organizations. Thus, finger print system is a potential restraint and can be proved as a threat shortly.
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Card Films Market Segments
The card films market can be segmented by material of film used as
Rigid PVC films
HIPS films
PET films
Polyester film
By visibility through the film, card films market can be segmented as
Clear or Transparent
Opaque
Translucent
The card films market can be segmented by surface finish of film as
Matt
Glossy
The card films market can be segmented by region as
North America
Latin America
Western Europe
Eastern Europe
Middle East & Africa
Asia Pacific excluding Japan
Japan
Card Films Market Regional Outlook
Card transaction or cashless transitions are widely opted by the people in developed regions like North America and Western Europe. The huge population of Asia Pacific also contributes to a large number of card usage. Although, the card films has a potential market in the entire globe as organizations prefer to get their requirement of cards manufactured from the nearest manufacturer rather than importing from foreign. Thus, the card films market volume may differ in various regions but has some potential in every region as most of the organizations operating at big scale opt for card identification system, even under developed countries have various national organizations which require card identification. Emerging economies of Asia Pacific, Latin America, and Africa are the target for various multinational companies which hire thousands of employees and become responsible for development and globalization in the region. Thus emerging economies also have the potential market for card films.
Card Films Market Key Players
Some of the card films market key players are
D&K Group
Klöckner Pentaplast Group
Raj Incorporated
Dunmore Corporation
Wrapid Manufacturing Ltd
Tekra Inc.
Regional analysis includes
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
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