2025-2031 Global Polymer Banknote Substrates Industry Research & Trends Analysis Report- YH Research

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2025-2031 Global Polymer Banknote Substrates Industry Research & Trends Analysis Report

Publication Date: 2025-09-02
Report Id: 2371013
Industry: Service & Software
Report Page: 119
Chart: 123

PDF Download

Publication Date: 2025-09-02
Report Id: 2371013
Industry: Service & Software
Report Page: 119
Chart: 123

PDF Download

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Table of Contents
Description
Table of Figures
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1 Market Overview
1.1 Product Overview and Scope of Polymer Banknote Substrates
1.2 Global Polymer Banknote Substrates Market Size and Forecast
1.3 China Polymer Banknote Substrates Market Size and Forecast
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Polymer Banknote Substrates Share in Global Market, 2020-2031
1.4.2 Polymer Banknote Substrates Market Size: China VS Global, 2020-2031
1.5 Polymer Banknote Substrates Market Dynamics
1.5.1 Polymer Banknote Substrates Market Drivers
1.5.2 Polymer Banknote Substrates Market Restraints
1.5.3 Polymer Banknote Substrates Industry Trends
1.5.4 Polymer Banknote Substrates Industry Policy

2 Competitive Landscape by Company
2.1 Global Polymer Banknote Substrates Revenue by Company, 2020-2025
2.2 Global Polymer Banknote Substrates Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global Polymer Banknote Substrates Concentration Ratio
2.4 Global Polymer Banknote Substrates Mergers & Acquisitions, Expansion Plans
2.5 Global Polymer Banknote Substrates Manufacturers Product Type
2.6 Global Geographic Distribution of Polymer Banknote Substrates Companies

3 China Competitive Situation by Company
3.1 China Polymer Banknote Substrates Revenue by Company, 2020-2025
3.2 China Polymer Banknote Substrates Polymer Banknote Substrates Participants, Market Position (Tier 1, Tier 2, and Tier 3)
3.3 China Polymer Banknote Substrates Market, Revenue Percentage of Local Players VS Foreign Players (2020-2031)

4 Industry Chain Analysis
4.1 Polymer Banknote Substrates Industry Chain
4.2 Polymer Banknote Substrates Upstream Analysis
4.3 Polymer Banknote Substrates Midstream Analysis
4.4 Polymer Banknote Substrates Downstream Analysis

5 Sights by Type
5.1 Polymer Banknote Substrates Classification by Type
5.1.1 Polymer Substrates
5.1.2 Hybrid Paper-Polymer Substrates
5.2 by Type, Global Polymer Banknote Substrates Market Size & CAGR, 2020 VS 2024 VS 2031
5.3 by Type, Global Polymer Banknote Substrates Market Size, 2020-2031

6 Sights by Application
6.1 Polymer Banknote Substrates Segment by Application
6.1.1 Circulating Currency
6.1.2 Commemorative Currency
6.2 by Application, Global Polymer Banknote Substrates Market Size & CAGR, 2020 VS 2024 VS 2031
6.3 by Application, Global Polymer Banknote Substrates Market Size, 2020-2031

7 Sights by Region
7.1 By Region, Global Polymer Banknote Substrates Market Size, 2020 VS 2024 VS 2031
7.2 By Region, Global Polymer Banknote Substrates Market Size, 2020-2031
7.3 North America
7.3.1 North America Polymer Banknote Substrates Market Size & Forecasts, 2020-2031
7.3.2 By Country, North America Polymer Banknote Substrates Market Size Market Share
7.4 Europe
7.4.1 Europe Polymer Banknote Substrates Market Size & Forecasts, 2020-2031
7.4.2 By Country, Europe Polymer Banknote Substrates Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific Polymer Banknote Substrates Market Size & Forecasts, 2020-2031
7.5.2 By Country/Region, Asia Pacific Polymer Banknote Substrates Market Size Market Share
7.6 South America
7.6.1 South America Polymer Banknote Substrates Market Size & Forecasts, 2020-2031
7.6.2 By Country, South America Polymer Banknote Substrates Market Size Market Share
7.7 Middle East & Africa

8 Sights by Country Level
8.1 By Country, Global Polymer Banknote Substrates Market Size & CAGR，2020 VS 2024 VS 2031
8.2 By Country, Global Polymer Banknote Substrates Market Size, 2020-2031
8.3 United States
8.3.1 United States Polymer Banknote Substrates Market Size, 2020-2031
8.3.2 By Company, United States Polymer Banknote Substrates Revenue Market Share, 2024
8.3.3 by Type, United States Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.3.4 by Application, United States Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.4 Europe
8.4.1 Europe Polymer Banknote Substrates Market Size, 2020-2031
8.4.2 By Company, Europe Polymer Banknote Substrates Revenue Market Share, 2024
8.4.3 by Type, Europe Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.4.4 by Application, Europe Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.5 China
8.5.1 China Polymer Banknote Substrates Market Size, 2020-2031
8.5.2 By Company, China Polymer Banknote Substrates Revenue Market Share, 2024
8.5.3 by Type, China Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.5.4 by Application, China Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.6 Japan
8.6.1 Japan Polymer Banknote Substrates Market Size, 2020-2031
8.6.2 By Company, Japan Polymer Banknote Substrates Revenue Market Share, 2024
8.6.3 by Type, Japan Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.6.4 by Application, Japan Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.7 South Korea
8.7.1 South Korea Polymer Banknote Substrates Market Size, 2020-2031
8.7.2 By Company, South Korea Polymer Banknote Substrates Revenue Market Share, 2024
8.7.3 by Type, South Korea Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.7.4 by Application, South Korea Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.8 Southeast Asia
8.8.1 Southeast Asia Polymer Banknote Substrates Market Size, 2020-2031
8.8.2 By Company, Southeast Asia Polymer Banknote Substrates Revenue Market Share, 2024
8.8.3 by Type, Southeast Asia Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.8.4 by Application, Southeast Asia Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.9 India
8.9.1 India Polymer Banknote Substrates Market Size, 2020-2031
8.9.2 By Company, India Polymer Banknote Substrates Revenue Market Share, 2024
8.9.3 by Type, India Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.9.4 by Application, India Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.10 Middle East & Africa
8.10.1 Middle East & Africa Polymer Banknote Substrates Market Size, 2020-2031
8.10.2 By Company, Middle East & Africa Polymer Banknote Substrates Revenue Market Share, 2024
8.10.3 by Type, Middle East & Africa Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031
8.10.4 by Application, Middle East & Africa Polymer Banknote Substrates Revenue Market Share, 2024 VS 2031

9 Company Profile
9.1 De La Rue
9.1.1 De La Rue Company Information, Head Office, Market Area, and Industry Position
9.1.2 De La Rue Company Profile and Main Business
9.1.3 De La Rue Polymer Banknote Substrates Models, Specifications, and Application
9.1.4 De La Rue Polymer Banknote Substrates Revenue and Gross Margin, 2020-2025
9.1.5 De La Rue Recent Developments
9.2 CCL Secure (Innovia Films)
9.2.1 CCL Secure (Innovia Films) Company Information, Head Office, Market Area, and Industry Position
9.2.2 CCL Secure (Innovia Films) Company Profile and Main Business
9.2.3 CCL Secure (Innovia Films) Polymer Banknote Substrates Models, Specifications, and Application
9.2.4 CCL Secure (Innovia Films) Polymer Banknote Substrates Revenue and Gross Margin, 2020-2025
9.2.5 CCL Secure (Innovia Films) Recent Developments
9.3 Landqart
9.3.1 Landqart Company Information, Head Office, Market Area, and Industry Position
9.3.2 Landqart Company Profile and Main Business
9.3.3 Landqart Polymer Banknote Substrates Models, Specifications, and Application
9.3.4 Landqart Polymer Banknote Substrates Revenue and Gross Margin, 2020-2025
9.3.5 Landqart Recent Developments
9.4 Giesecke+Devrient (Louisenthal)
9.4.1 Giesecke+Devrient (Louisenthal) Company Information, Head Office, Market Area, and Industry Position
9.4.2 Giesecke+Devrient (Louisenthal) Company Profile and Main Business
9.4.3 Giesecke+Devrient (Louisenthal) Polymer Banknote Substrates Models, Specifications, and Application
9.4.4 Giesecke+Devrient (Louisenthal) Polymer Banknote Substrates Revenue and Gross Margin, 2020-2025
9.4.5 Giesecke+Devrient (Louisenthal) Recent Developments
9.5 Q&T HI-Tech Polymer
9.5.1 Q&T HI-Tech Polymer Company Information, Head Office, Market Area, and Industry Position
9.5.2 Q&T HI-Tech Polymer Company Profile and Main Business
9.5.3 Q&T HI-Tech Polymer Polymer Banknote Substrates Models, Specifications, and Application
9.5.4 Q&T HI-Tech Polymer Polymer Banknote Substrates Revenue and Gross Margin, 2020-2025
9.5.5 Q&T HI-Tech Polymer Recent Developments
9.6 Spectra Systems
9.6.1 Spectra Systems Company Information, Head Office, Market Area, and Industry Position
9.6.2 Spectra Systems Company Profile and Main Business
9.6.3 Spectra Systems Polymer Banknote Substrates Models, Specifications, and Application
9.6.4 Spectra Systems Polymer Banknote Substrates Revenue and Gross Margin, 2020-2025
9.6.5 Spectra Systems Recent Developments
9.7 PWPW
9.7.1 PWPW Company Information, Head Office, Market Area, and Industry Position
9.7.2 PWPW Company Profile and Main Business
9.7.3 PWPW Polymer Banknote Substrates Models, Specifications, and Application
9.7.4 PWPW Polymer Banknote Substrates Revenue and Gross Margin, 2020-2025
9.7.5 PWPW Recent Developments

10 Conclusion

11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer

According to YH Research, the global market for Polymer Banknote Substrates should grow from US$ 297 million in 2024 to US$ 457 million by 2031, with a CAGR of 6.4% for the period of 2025-2031.

Polymer banknote substrates are specialized materials used as the foundation or base layer for manufacturing polymer banknotes, which are currency notes made from a synthetic polymer material rather than traditional paper. These substrates are typically composed of a blend of polymer resins, additives, and security features to ensure durability, security, and longevity of the banknotes. Polymer substrates offer several advantages over paper, including resistance to tearing, water, and dirt, as well as increased longevity in circulation. Additionally, polymer banknote substrates can incorporate advanced security features such as transparent windows, holograms, and color-shifting inks to deter counterfeiting attempts.

Polymer Banknote Substrates

According to YH Research, the global market for Polymer Banknote Substrates should grow from US$ 297 million in 2024 to US$ 457 million by 2031, with a CAGR of 6.4% for the period of 2025-2031.

Unit: US$ M

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In-depth insight into market trends

The global polymer banknote substrate market is experiencing robust growth, driven by increasing demand for secure and durable banknotes. The market's shift towards polymer substrates is fueled by several factors. Polymer banknotes offer enhanced security features, resisting counterfeiting attempts more effectively than traditional paper-based notes. Their longer lifespan reduces printing and distribution costs for central banks, contributing to significant cost savings in the long term. Furthermore, the eco-friendly nature of polymer substrates, particularly recycled ones, is increasingly attractive to environmentally conscious governments.
The major global companies of Polymer Banknote Substrates include De La Rue, CCL Secure (Innovia Films), Landqart, Giesecke+Devrient (Louisenthal), Q&T HI-Tech Polymer and etc. In 2024, the world's top three vendors accounted for approximately 92% of the revenue.

High initial production cost and printing infrastructure cost are major inhibitors for this market.

Higher Initial Production Costs: The upfront cost of producing polymer banknotes is significantly higher than traditional paper banknotes. Although polymer notes last longer, the initial investment required for their production and the need to adapt printing infrastructure can be a financial barrier for some countries, especially smaller economies or those with limited budgets.

Printing Infrastructure and Transition Costs: Shifting from paper to polymer banknotes requires investment in new printing technology and equipment capable of handling polymer substrates. This transition involves significant costs related to redesigning banknotes, adjusting security features, and reconfiguring printing facilities, which can delay adoption.

Despite the above obstacles, the adoption of polymer banknotes has been increasing globally in recent years, with more and more countries transitioning from traditional paper banknotes to polymer-based currencies. Several reasons explain the growth of this market:
Durability and Cost Efficiency: Polymer banknotes last 2 to 3 times longer than traditional cotton-based paper banknotes, reducing replacement costs. Despite the higher initial production costs, their extended lifespan and resistance to damage (like tearing and water exposure) make them more economical over time. This is driving demand in regions with high currency circulation.

Enhanced Security Features: Counterfeiting remains a major concern for central banks, and polymer substrates enable more sophisticated security features. These include transparent windows, holographic elements, tactile features, microtext, and UV-light responsive designs.

Sustainability and Environmental Concerns: Polymer banknotes are more environmentally friendly than paper banknotes, as they are recyclable and reduce the frequency of replacement. As sustainability becomes a growing concern globally, central banks are seeking more eco-friendly alternatives, and polymer substrates align with this shift due to their longer lifecycle and recyclability.

Polymer banknotes offer superior durability, security, and cost-effectiveness due to their extended lifespan, making them attractive to central banks.
Several key trends are shaping the polymer banknote substrate market. The growing preference for polymer banknotes over traditional paper-based notes is a major driving force. Polymer substrates offer increased durability, enhanced security features, and a longer lifespan, resulting in significant cost savings for central banks in the long run. The development of hybrid paper-polymer substrates represents a notable trend, combining the benefits of both materials. This approach caters to countries seeking a gradual transition while maintaining familiarity with paper banknotes.

Furthermore, the increasing prevalence of counterfeiting necessitates continuous technological advancements. The integration of advanced security features such as embedded micro-optical structures, tactile elements, and specialized inks is crucial for deterring counterfeiting attempts. Sustainability is also becoming an important consideration, with manufacturers focusing on using eco-friendly materials and reducing their environmental footprint. This shift is driven by growing environmental awareness among central banks and the public. Furthermore, the emergence of contactless payment systems is not directly impacting the demand for polymer substrates for physical banknotes, but the changing landscape of financial transactions requires that the industry adapt and innovate to maintain its relevance. Central banks are also exploring new substrate options to address specific regional needs, for example, substrates that can withstand extreme climates. This creates opportunities for specialized substrate manufacturers.

This report aims to provide a comprehensive study of the global market for Polymer Banknote Substrates. Report Highlights:
(1) Global Polymer Banknote Substrates market size (value), history data from 2020-2024, and forecast data from 2025 to 2031.

(2) Global Polymer Banknote Substrates market competitive situation, revenue, and market share, from 2020 to 2024.

(3) China Polymer Banknote Substrates market competitive situation, revenue, and market share, from 2020 to 2024.

(4) Global Polymer Banknote Substrates segment by region (or country), key regions cover the United States, Europe, China, Japan, South Korea, Southeast Asia, and India, etc.

(5) Global Polymer Banknote Substrates segment by Type, and by Application, and regional segment by Type, and by Application.

(6) Polymer Banknote Substrates industry supply chain, upstream, midstream, and downstream analysis.

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by Type, covers
Polymer Substrates
Hybrid Paper-Polymer Substrates

Market segment by Application, can be divided into
Circulating Currency
Commemorative Currency

Market segment by players, this report covers
De La Rue
CCL Secure (Innovia Films)
Landqart
Giesecke+Devrient (Louisenthal)
Q&T HI-Tech Polymer
Spectra Systems
PWPW