Global Polymer Banknotes Market: Industry Analysis & Outlook 2017-2021 Featuring De La Rue and Innovia Security Private Limited – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Polymer Banknotes Market: Industry Analysis & Outlook (2017-2021)”
report to their offering.

“Global Polymer Banknotes Market: Industry Analysis & Outlook
(2017-2021)” provides an extensive research and detailed analysis of the
market performance at present and future outlook of the global market.

Banknote circulation has been continually growing in all the economies.
The circulation of these notes is initially a protective & secretive
operation, but once it enters the market it is prone to counterfeiting
and illegal use. Therefore, to combat this practice which is directly
correlated to economic growth, the central banks & governments are
heading towards the adoption of polymer banknotes.

Polymer notes are made up of a substance known as polymer, such as
biaxial oriented polypropylene. These banknotes have a longer life,
which reduces the cost of production and replacement. Above all, polymer
notes are incorporated with special security features and inks which are
hard to replicate, thereby helping in tackling the counterfeit note
production and corruption.

Major trends of the market include increasing replacement of old notes
and willingness among people to switch to polymer notes. However, growth
of the market will be hindered by reduced bargaining power, and
vulnerability to static built-up in manufacturing process. Also, the
competition of the market is concentrated between two firms only.

The polymer notes market has only two players, i.e. De La Rue and
Innovia Security Private Limited, which have been profiled in detail.

Key Topics Covered:

1. Market Overview

2. Banknotes Market Analysis

3. Polymer Notes Market Analysis

4. Market Dynamics

5. Competitive Landscape

6. Company Profiles

– De La Rue

– Innovia Security Pvt. Ltd.

For more information about this report visit http://www.researchandmarkets.com/research/qzrgq9/global_polymer.

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Related
Topics: Plastics