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Security Paper Market – Giesecke+Devrient, De La Rue plc, Fedrigoni, Security Printing & Minting Corporation of India Ltd., Security Papers Limited, GOZNAK, China Banknote Printing and Minting, Drewsen specialty papers GmbH & Co. KG, Document Security S

09-09-2019 01:23 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Security Paper Market types

Security Paper Market types

The Security Paper Market market research report acts a milestone in the various market evaluation tools as it evaluates the contenders and their contributions which in turn help the entrepreneurs to keep their organization ahead. The report is constructed utilizing information and data sourced derived from restrictive databases, essential and auxiliary research and in-house examination by group of industry specialists. The entire supply of the market has been clarified with measurable subtleties with an extraordinary accentuation on different upstream and downstream parts. The present pattern relating to the interest supply and deals together with the ongoing improvements have been offered here to give a thorough image of this Security Paper Market market.

Global Security Paper Market is set to witness a substantial CAGR of 5.75% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing number of frauds and rising demand for security papers in various applications is the major factor for the growth of this market.

The Security Paper market research report offers a key graph of the procedures being used by them. The report examines and discusses the advancement zones for all of the developments, perceives the topics and key merchants. Security Paper market research report leads the precise, to the point and broad investigation of the actualities related with any subject in the field of marketing. Accordingly, the information of this Security Paper report limits the dangers of vagueness as well as help out in taking quality choices while keeping up the notoriety of the firm and its items.

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Market Definition: Global Security Paper Market

Security paper is used for the security printing which is usually used to identify or verify that documents are original. They are widely used in different types of documents such as government document, birth certificates, academic and qualification document among others. They are usually a watermark, threads, hologram or substrates. These papers are designed in such a way that they usually have high strength and opacity. They are widely used in applications such as certificates, stamps, identity card, passports among others. They are made cotton- fibre and as compared to normal paper it is not easy to tear them and their lifetime is two years.

Market Drivers:

Increasing demand for visa and passports due to rising tourism will also drive the market growth
Rising awareness about frauds among consumer will also drive the market
Increasing reprinting of legal documents will also drive market
Technological advancement and development in security paper will also propel the market
Demonetization of currency notes will also act as a driver for the market
Market Restraints:

Increasing digitization worldwide is restraining the growth of this market
Strict government regulation related to security paper will hamper the market
Rising prevalence for online banking among population will also restrain market
Segmentation: Global Security Paper Market

By Component

Substrates
Watermarks
Threads
Holograms
Others
By Application

Bank Notes
Passports
Identity Cards
Certificates
Legal& Government Documents
Cheques
Stamps
Others
By Geography

North America
US
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
United Kingdom
Italy
France
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East & Africa
Browse Full Report with Details TOC @ https://databridgemarketresearch.com/toc/?dbmr=global-security-paper-market

Key Developments in the Market:

In April 2019, Authentix announced that they have acquired Security Print Solutions so that they can expand their tax stamps and increase security technology offering. This acquisition will help the company expand their security technologies so that they can support tax recovery programs for government. This will help the company to strengthen their position in the market.
In December 2018, International Centre for Automotive Technology with high security features launched their certifications of vehicle and components. The main feature of the certificate is the security paper which is made using ultraviolet ink, troy mark, microprint, pantograph, secure code, print code and digitally print and seal if ICAT. The main aim is to enhance the security of the Central Motor Vehicle Rules certificates.
Competitive Analysis: Global Security Paper Market

Global security paper market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of security paper market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors: Global Security Paper Market

Few of the major competitors currently working in the global security paper market are Giesecke+Devrient, De La Rue plc, Fedrigoni, Security Printing & Minting Corporation of India Ltd., Security Papers Limited, GOZNAK, China Banknote Printing and Minting, Drewsen specialty papers GmbH & Co. KG, Document Security Systems, Inc., Simpson Security Papers, CIOTOLA SRL, Crane Co, Pura Group., EPL-House, SPM – Security Paper Mill, Inc., HG Technology Sdn Bhd.

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Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: Sopan.gedam@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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