Polymer Banknotes Market Global Analysis 2017 Global Polymer Banknotes Market Industry Analysis | Page 3

Polymer Banknotes Industry 2017 Market Growth Drivers and Competitive
Landscape Analysis
Polymer notes, incorporated with many security features; proves to be more environmental friendly than
other types in circulation. Global polymer notes market is progressively increasing at a robust growth rate
with various central banks & governments heading towards its adoption. Polymer notes are created using
unique bubble process with substrate base film based on a specialized form of Biaxial Orientated
Polypropylene (BOPP).
Growth factors of the global polymer notes market include increasing banknote production & circulation,
cost effectiveness of polymer notes, and accelerating economic growth. Major trends of the market include
increasing replacement of old notes, willingness among people to switch to polymer notes, and increased
concerns over counterfeit currencies. The market growth is hindered by reduced bargaining power of
manufactures, and costly process.
Purchase a Copy of This Report at
http://www.marketreportsonline.com/contacts/purchase.php?name=576544