North America 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) 

TIPRE00028693 | Pages: 114 | Chemicals and Materials | Apr 2022 | Type: Regional | Status: Published

The smart card material market in North America is expected to grow from US$ 236.24 million in 2021 to US$ 329.41 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2021 to 2028.

 

Smart cards are extensively used in the telecommunication industry. The majorly used smart card in telecommunication industry is subscriber identity module (SIM) or universal integrated circuit card (UICC). This smart cards are manufactured mostly from polyvinyl chloride (PVC) and acrylonitrile butadiene styrene (ABS) materials. The Universal Integrated Circuit Card (UICC) is a new generation of SIM technology used for new wireless network standards. The advancement in the smart card technology for usage in telecommunication has surged form past few years which has resulted in consumption of smart cards in telecommunication industry. Furthermore, the growing healthcare industry is also the major factor in boosting the market. Healthcare organizations across the region are implementing smart heath cards consisting wide variety of features and applications. The acceptance of smart card technology in the healthcare industry for data security, protecting the patient’s personal health information so that only authorized person such as doctors and other medical staff can access it are among the key factors propelling the demand for smart cards in the healthcare industry. Thus, significant growth in the healthcare industry helps in rising the consumption of smart cards, which, in turn, is anticipated to drive the North America smart card materials market during the forecast period.

 

North America 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-COVID investment plans as businesses gain confidence in stabilizing economies and anticipate increased demand. This is expected to provide the impetus for market growthates.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the smart card material market. The North America smart card material market is expected to grow at a good CAGR during the forecast period.

 

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

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

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North America Smart Card Material Market Segmentation

 

North America Smart Card Material Market – By Material

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

North America Smart Card Material Market – By Type

  • Contact Cards
  • Contactless Cards
  • Multi-Component Cards

North America Smart Card Material Market – By Application

  • BFSI
  • Government
  • Telecommunication
  • Retail
  • Healthcare
  • Hospitality
  • Others

North America Lymphedema Treatment Market- By Country

  • US
  • Canada
  • Mexico

North America Lymphedema Treatment Market-Companies Mentioned

  • 3A Composites GmbH
  • BASF SE
  • Eastman Chemical Company 
  • LG Chem
  • SABIC
  • Solvay S.A.
  • Teijin Limited
  • Westlake Chemical Corporation

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Smart Card Material Market, by Material

1.3.2        North America Smart Card Material Market, by Type

1.3.3        North America Smart Card Material Market, by Application

1.3.4        North America 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.           North America 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.           North America Smart Card Material Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Significant Growth in Telecommunication and Healthcare Industry

5.1.2        Speedy 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 – North America Analysis

6.1         North America Smart Card Material Market Overview

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

7.           North America Smart Card Material Market Analysis – By Material

7.1         Overview

7.2         North America 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.           North America Smart Card Material Market Analysis – By Type

8.1         Overview

8.2         North America 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.           North America Smart Card Material Market Analysis – By Application

9.1         Overview

9.2         North America 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.        North America Smart Card Material Market – Country Analysis

10.1      Overview

10.1.1     North America: Smart Card Materials Market, by Key Country

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

10.1.1.1.1       US: Smart Card Materials Market, by Material

10.1.1.1.2       US: Smart Card Materials Market, by Type

10.1.1.1.3       US: Smart Card Materials Market, by Application

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

10.1.1.2.1       Canada: Smart Card Materials Market, by Material

10.1.1.2.2       Canada: Smart Card Materials Market, by Type

10.1.1.2.3       Canada: Smart Card Materials Market, by Application

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

10.1.1.3.1       Mexico: Smart Card Materials Market, by Material

10.1.1.3.2       Mexico: Smart Card Materials Market, by Type

10.1.1.3.3       Mexico: Smart Card Materials Market, by Application

11.        Impact of COVID-19 Pandemic on North America 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      SABIC

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      3A Composites GmbH

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      Teijin Limited

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      LG Chem

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      BASF SE

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      Westlake Chemical Corporation

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

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

 


LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

Table 11.          Glossary of Terms

 


LIST OF FIGURES

Figure 1.           North America Smart Card Material Market Segmentation

Figure 2.           North America Smart Card Material Market Segmentation – By Country

Figure 3.           North America Smart Card Material Market Overview

Figure 4.           North America Smart Card Material Market, By Type

Figure 5.           North America 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.           North America Smart Card Material Market Impact Analysis of Drivers and Restraints

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 34.        Impact of COVID-19 Pandemic in North America

  1. 3A Composites GmbH
  2. BASF SE
  3. Eastman Chemical Company 
  4. LG Chem
  5. SABIC
  6. Solvay S.A.
  7. Teijin Limited
  8. Westlake Chemical Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America 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 North America 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 North America 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
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