Security Threads Market

Introduction to Security Threads Market

Security threads are integrated security feature which is embedded in banknotes and government documents. The security threads are used as an additional security element against counterfeiting, among others. These security threads have two types of visibility pattern, either they are fully embedded or windowed. In the windowed kind of security thread, it is exposed at spaced locations, thus, making it visible. The security threads are easily visible when held against the light, which makes it easier for the public to verify the banknotes authenticity. The security thread is incorporated at the very beginning of the paper production process. The security threads can be personalized, which acts as an added benefit for their market growth. The security threads are versatile in design, eye-catching, which enables an easy and quick authentication for the public. The security threads are a cost-effective, dynamic way for protection of banknotes. Now, these days the security threads are used in almost all banknotes. As the security threads are easily recognizable, cost-effective, versatile, and provide protection against counterfeiting, their market has grown. The security threads can be verified visually under various lights, or else there are specific machines used for their detection. The security threads are available in multiple types, which provides the end-users options to go through to meet their requirements.

Dynamics of Security threads Market

Security threads market is going to observe a moderate growth in the coming years owing to their use, specifically in banknotes. The use of banknotes and the destruction of the old and unfit banknotes would propel the security threads market to grow at a decent pace. New banknotes will always be produced to suffice the needs of the growing population. The security threads market is anticipated to grow with the production of new banknotes. Security threads are an essential security feature which is made mandatory by almost every country owing to its proven benefits. The security threads are easily visible once the banknote is held against the light. The security threads are proven to be a dynamic and cost-effective way of banknote protection. The world is moving towards cashless payment, which is not only convenient but also provides business owners with a more comfortable alternative for handling transactions. This would hamper the growth of security threads market. The security thread is woven into the paper and not printed; this makes it an excellent protective aid against counterfeiting.  However, the world still runs on cash as people prefer cash payments, and it would take time to develop a cashless economy, the security threads market is anticipated to grow at a decent pace. The two key drivers of the banknote, which will propel the security threads market is that the public has confidence over it and secondly, it is the physical representation of a nation.

Security threads Market: Segmentation

Segmentation of security threads market –

On the basis of their types, the security threads market is segmented into –

• Rollingstar threads
• ColourShift threads
• Holographic threads
• Demetallized threads
• Printed threads

On the basis of their application, the security threads market is segmented into –

• Banknotes
• Government documents like visa
• Diploma

Security threads Market: Key Players & Trends

The key players in security threads market are –

• Giesecke+Devrient Currency Technology GmbH
• Fedrigoni SpA
• Arjowiggins Security
• Ceprohart
• Hueck Folien GmbH

Security threads Market: Regional Outlook

The inclination towards cashless payment could hamper the growth of the security threads market, which is dependent on the production of banknotes. A lot is going on in the world concerning the cashless economy, and it would take quite a while for nations to promote the same. The security threads market would witness a good growth in the emerging countries due to the effects of the macroeconomic factors such as increasing population, rapid industrialization and increasing disposable income. The emerging countries like India and China would majorly contribute to the increase in global security threads market. The North America and Europe are anticipated to have a saturated market.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with caulk tubes market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Regional analysis includes –

• North America
• Latin America
• Europe
• Middle East and Africa (MEA)
• East Asia
• South Asia
• Oceania

Report Highlights:

• A detailed overview of the parent market, along with the Security threads  market
• Changing market dynamics in the Security threads  market
• In-depth segmentation of the Security threads  market
• Historical, current, and projected size of the market, regarding volume and value.
• Recent trends and developments in the Security threads  market
• Competitive landscape in the Security threads  market
• Strategies for key players operating in the market and products offered by them
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on performance of the market
• Must-have information for Security threads market players to sustain and enhance their market footprint

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

• Market segments and sub-segments
• Market trends and dynamics
• Supply and demand
• Market size
• Current trends/opportunities/challenges
• Competitive landscape
• Technological breakthroughs
• Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Note:Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.