Europe Smart Card Material Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material [Polyvinyl Chloride (PVC), Polycarbonate (PC), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate-Glycol (PETG), and Others], Type (Contact Cards, Contactless Cards, and Multi-Component Cards), and Application (BFSI, Government, Telecommunication, Retail, Healthcare, Hospitality, and Others)

Name: Europe Smart Card Material Market
SKU: Chemicals and Materials
Rating: 4.8 (23 reviews)

The smart card material market in Europe is expected to grow from US$ 273.29 million in 2021 to US$ 367.90 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.

Materials, such as PETG, ABS, PVC, PC, and PET, are used for the manufacturing of smart card bodies to provide the required thickness, resistance, and durability to the cards. These materials are most widely used to build smart cards used in the sectors, such as BFSI, government, hospitality, and retail. The increasing digitalization in the banking and financial services industry across the region to make the banking operations convenient with efficient data management is expected to increase the demand for smart cards. Also, the growing development of modern infrastructure and rising investments in the banking sectors are among the key factors supporting the growth of the banking and financial industry, which is further augmenting the usage of smart cards. Moreover, financial institutions and merchants are issuing and accepting the contact smart cards for credit and debit payments and are highly migrating to EMV (Europay, MasterCard, and Visa) for payment methods. This factor boosts the demand for smart cards and materials required to develop those cards. In the government sector, smart card technology is highly recognized as the most appropriate technology for identity applications to meet security requirements. Smart cards are used to monitor military credentials by government and materials such as polyethylene terephthalate-glycol (PETG) and polyethylene terephthalate (PET) are used for producing smart cards for this kind of application, which requires longer life span. Thus, the technological advancements in banking and government and other regulatory bodies are expected to contribute toward the growth of the market. In addition, growing digitalization in the retail industry for strengthening the payment infrastructure is augmenting the consumption of smart cards, which helps in driving the market growth. The smart card technology is highly accepted by consumer for selecting mode of payment in both online and offline retailing. Thus, the increasing usage of the smart card in the retail industry is propelling the demand for smart card materials, which helps in driving the market growth.

Europe is one of the worst affected economies due to the COVID-19 pandemic. The unprecedented rise in the number of COVID-19 cases across the US and Canada and the subsequent lockdown of numerous manufacturing facilities in the countries have negatively influenced the growth of the various markets. The significant disruption in manufacturing has had an impact on the demand for smart card materials in the region. The COVID-19 pandemic has also impacted the retail and hospitality industry. The pandemic’s impact on the retail and hospitality industry was immediate and profound. However, the market is reviving on account of the government's significant measures, such as vaccination drives. Various industries are also overcoming the challenges of supply chain disruptions of their raw materials. Many players are resuming pre-pandemic investment plans as businesses gain confidence in stabilizing economies and anticipate increased demand. This is expected to provide the impetus for market growth.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Thus, the Europe smart card material market is expected to grow at a good CAGR during the forecast period.

Europe Smart Card Material Market Revenue and Forecast to 2028 (US$ Million)

Get more information on this report :

Europe Smart Card Material Market Segmentation

Europe Smart Card Material Market – by Material

Polyvinyl Chloride (PVC)
Polycarbonate (PC)
Acrylonitrile Butadiene Styrene (ABS)
Polyethylene Terephthalate-Glycol (PETG)
Others

Europe Smart Card Material Market – by Type

Contact Cards
Contactless Cards
Multi-Component Cards

Europe Smart Card Material Market – by Application

Europe Lymphedema Treatment Market – by Country

Europe Lymphedema Treatment Market – Companies Mentioned

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Europe Smart Card Material Market, by Material

1.3.2 Europe Smart Card Material Market, by Type

1.3.3 Europe Smart Card Material Market, by Application

1.3.4 Europe Smart Card Material Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Europe Smart Card Material Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Smart Card Material Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Significant Growth in Telecommunication and Healthcare Industry

5.1.2 Swift Growth of Various End-use Industries

5.2 Market Restraints

5.2.1 Harmful Effects of Plastic Materials like PVC and PC

5.3 Market Opportunities

5.3.1 Growing Demand from Transportation and Education Industry

5.4 Future Trends

5.4.1 Increasing Focus on Development of Bio-based Smart Card Materials

5.5 Impact Analysis

6. Smart Card Material Market – Europe Analysis

6.1 Europe Smart Card Material Market Overview

6.2 Europe Smart Card Material Market –Revenue and Forecast to 2028 (US$ Mn)

7. Europe Smart Card Material Market Analysis – By Material

7.1 Overview

7.2 Europe Smart Card Material Market, By Material (2020 and 2028)

7.3 Polyvinyl Chloride (PVC)

7.3.1 Overview

7.3.2 Polyvinyl Chloride (PVC): Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Polycarbonate (PC)

7.4.1 Overview

7.4.2 Polycarbonate (PC): Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 Acrylonitrile Butadiene Styrene (ABS)

7.5.1 Overview

7.5.2 Acrylonitrile Butadiene Styrene (ABS): Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

7.6 Polyethylene Terephthalate-Glycol (PETG)

7.6.1 Overview

7.6.2 Polyethylene Terephthalate-Glycol (PETG): Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

7.7 Others

7.7.1 Overview

7.7.2 Others: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

8. Europe Smart Card Material Market Analysis – By Type

8.1 Overview

8.2 Europe Smart Card Material Market, By Type (2020 and 2028)

8.3 Contact Cards

8.3.1 Overview

8.3.2 Contact Cards: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Contactless Cards

8.4.1 Overview

8.4.2 Contactless Cards: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

8.5 Multi-Component Cards

8.5.1 Overview

8.5.2 Multi-Component Cards: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

9. Europe Smart Card Material Market Analysis – By Application

9.1 Overview

9.2 Europe Smart Card Material Market, By Application (2020 and 2028)

9.3 BFSI

9.3.1 Overview

9.3.2 BFSI: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

9.4 Government

9.4.1 Overview

9.4.2 Government: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

9.5 Telecommunication

9.5.1 Overview

9.5.2 Telecommunication: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

9.6 Retail

9.6.1 Overview

9.6.2 Retail: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

9.7 Healthcare

9.7.1 Overview

9.7.2 Healthcare: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

9.8 Hospitality

9.8.1 Overview

9.8.2 Hospitality: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

9.9 Others

9.9.1 Overview

9.9.2 Others: Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

10. Europe Smart Card Material Market – Country Analysis

10.1 Overview

10.1.1 Europe: Smart Card Materials Market, by Key Country

10.1.1.1 Germany: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Germany: Smart Card Materials Market, by Material

10.1.1.1.2 Germany: Smart Card Materials Market, by Type

10.1.1.1.3 Germany: Smart Card Materials Market, by Application

10.1.1.2 France: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 France: Smart Card Materials Market, by Material

10.1.1.2.2 France: Smart Card Materials Market, by Type

10.1.1.2.3 France: Smart Card Materials Market, by Application

10.1.1.3 Italy: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Italy: Smart Card Materials Market, by Material

10.1.1.3.2 Italy: Smart Card Materials Market, by Type

10.1.1.3.3 Italy: Smart Card Materials Market, by Application

10.1.1.4 United Kingdom: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 United Kingdom: Smart Card Materials Market, by Material

10.1.1.4.2 United Kingdom: Smart Card Materials Market, by Type

10.1.1.4.3 United Kingdom: Smart Card Materials Market, by Application

10.1.1.5 Russia: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: : Smart Card Materials Market, by Material

10.1.1.5.2 Russia: : Smart Card Materials Market, by Type

10.1.1.5.3 Russia: : Smart Card Materials Market, by Application

10.1.1.6 Rest of Europe: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: Smart Card Materials Market, by Material

10.1.1.6.2 Rest of Europe: Smart Card Materials Market, by Type

10.1.1.6.3 Rest of Europe: Smart Card Materials Market, by Application

11. Impact of COVID-19 Pandemic on Europe Smart Card Material Market

11.1 Overview

12. Company Profiles

12.1 Eastman Chemical Company

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Solvay S.A.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 KEM ONE

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 SABIC

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 3A Composites GmbH

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Teijin Limited

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 LG Chem

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 BASF SE

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Westlake Chemical Corporation

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. Europe Smart Card Material Market –Revenue and Forecast to 2028 (US$ Mn)

Table 2. Germany Smart Card Materials Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 3. Germany Smart Card Materials Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 4. Germany Smart Card Materials Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 5. France Smart Card Materials Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 6. France Smart Card Materials Market, by Type– Revenue and Forecast to 2028 (USD Million)

Table 7. France Smart Card Materials Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 8. Italy Smart Card Materials Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 9. Italy Smart Card Materials Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 10. Italy Smart Card Materials Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11. United Kingdom Smart Card Materials Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 12. United Kingdom Smart Card Materials Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 13. United Kingdom Smart Card Materials Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 14. Russia : Smart Card Materials Market, by Material– Revenue and Forecast to 2028 (USD Million)

Table 15. Russia : Smart Card Materials Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 16. Russia : Smart Card Materials Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 17. Rest of Europe Smart Card Materials Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 18. Rest of Europe Smart Card Materials Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 19. Rest of Europe Smart Card Materials Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 20. Glossary of Terms

LIST OF FIGURES

Figure 1. Europe Smart Card Material Market Segmentation

Figure 2. Europe Smart Card Material Market Segmentation – By Country

Figure 3. Europe Smart Card Material Market Overview

Figure 4. Europe Smart Card Material Market, By Type

Figure 5. Europe Smart Card Material Market, by Country

Figure 6. Porter's Five Forces Analysis

Figure 7. Smart Card Materials Market

Figure 8. Expert Opinion

Figure 9. Europe Smart Card Material Market Impact Analysis of Drivers and Restraints

Figure 10. Europe Smart Card Material Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 11. Europe Smart Card Material Market Revenue Share, By Material (2020 and 2028)

Figure 12. Europe Polyvinyl Chloride (PVC): Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13. Europe Polycarbonate (PC) : Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14. Europe Acrylonitrile Butadiene Styrene (ABS): Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 15. Europe Polyethylene Terephthalate-Glycol (PETG): Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16. Europe Others: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 17. Europe Smart Card Material Market Revenue Share, By Type (2020 and 2028)

Figure 18. Europe Contact Cards: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 19. Europe Contactless Cards: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20. Europe Multi-Component Cards: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 21. Europe Smart Card Material Market Revenue Share, By Application (2020 and 2028)

Figure 22. Europe BFSI: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 23. Europe Government: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 24. Europe Telecommunication: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 25. Europe Retail: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 26. Europe Healthcare: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 27. Europe Hospitality: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 28. Europe Others: Smart Card Material Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 29. Europe: Smart Card Material Market Overview, By Country - 2020 (US$ Mn)

Figure 30. Europe: Smart Card Materials Market Revenue Share, by Key Country (2020 and 2028)

Figure 31. Germany: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32. France: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

Figure 33. Italy: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

Figure 34. United Kingdom: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

Figure 35. Russia: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

Figure 36. Rest of Europe: Smart Card Materials Market –Revenue and Forecast to 2028 (US$ Million)

Figure 37. Impact of COVID-19 Pandemic in Europe

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe smart card material market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe smart card material market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the smart card material market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement
Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Related Reports

Report Name	Published Date
Europe Wind Turbine Condition Monitoring Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, and Software and Serv..	May 2022
Europe Automotive System Simulation Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Transmission, Engine, Electric P..	May 2022
Europe In-Office Teeth Whitening Products Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Double-Syringe Mixing Configurat..	May 2022

Purchase Options

Single User License

$3000

$1800

Site License

$4000

$2400

Enterprise License

$5000