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Explore the growth prospect of Credit Insurance Market 2018-2025 | Global key player includes Atradius N.V., Coface, Zurich Insurance Group Ltd., Euler Hermes, Credendo Group, QBE Insurance Ltd., Cesce, American International Group

04-04-2019 07:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Premium Market Insights

Explore the growth prospect of Credit Insurance Market

The global Credit Insurance market is anticipated accounted to US$ 8.64 Bn in 2017 and is expected to grow at a CAGR of 2.9% during the forecast period 2018 - 2025, to account to US$ 10.77 Bn by 2025. Growth in the recent five years is primarily driven by two major factors, unstable macroeconomic factors that are influencing the growth of credit insurance, and improving sales & accounts receivable support benefits to accentuate the demand for credit insurance.

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Key players in the market are in cashing the opportunity to gain maximum benefit from on the opportunities in emerging markets. Some of the major players in the credit insurance market include Atradius N.V., Coface, Zurich Insurance Group Ltd., Euler Hermes, Credendo Group, QBE Insurance Ltd., Cesce, American International Group Inc., Export Development Canada, and China Export & Credit Insurance Corporation (Sinosure) among others. Various other companies also operate in the global market, with enhanced products and services and significant customer base.

The credit insurance market has been segmented on the basis of components into the following segments including products and services. The credit insurance market has been further bifurcated on the basis of enterprise size into small & medium enterprise (SMEs) and large enterprise. Also, the credit insurance market has been segmented based on the application into the domestic market and the export market.

Geographically the credit insurance market is presently dominated by developed regions including, Europe and North America. However, the credit insurance market is expected to be in favor of the Asia Pacific and the Middle East and Africa in the coming years. The developing economies of APAC are experiencing a tremendous growth in their FDIs for various industry verticals. China's policy stimulus for credit insurance, the increased role for export credit insurance and the liberalized export credit market in conjunction with an increasing SME involvement, have been the primary driving factors for the credit insurance market in the Asia Pacific. Growing trade of South East Asian countries with the Western countries of the world provides huge potentials for the credit insurance market to prosper.

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Table of Contents

1. Introduction
2. Key Takeaways
3. Credit Insurance Market Landscape
4. Market - Key Industry Dynamics
5. Credit Insurance Market Analysis- Global Analysis
6. Credit Insurance Market Revenue And Forecasts To 2025 – Component
7. Market Revenue And Forecasts To 2025 – Enterprise Size
8. Market Revenue And Forecasts To 2025 – Application
9. Market Revenue And Forecasts To 2025 – Geographical Analysis
10. Industry Landscape
11. Competitive Landscape
12. Credit Insurance Market, Key Company Profiles
13. Appendix

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