SOURCE RESEARCH
Innovative Payment Card Materials
Market Data | 3Q 2023 | MD-IPCM-23
Get The ReportAs banks aim to further resonate with consumers, they are ramping up their efforts to use sustainable payment card materials that appeal to eco-conscious customers. As pointed out in the blog post, Alternative Card Materials for Sustainable Banking, the payments industry has four primary green materials to choose from:
- Recycled Polyvinyl Chloride (PVC)
- Polyactid Acid (PLA)
- Polyethylene Terephthalate Glycol (PETG)
- Reclaimed/Ocean Bound Plastic
As the forecast above showcases, rPVC is set to be the go-to sustainable material to replace traditional payment cards. By 2028, 2.5 billion rPVC payment cards will be in circulation worldwide.
Related Research
Innovative Payment Card Technologies
Market Data | 3Q 2023 | MD-IPCT-23
Enterprise WLAN Vendor Shares
Market Data | 1Q 2024 | MD-EWLVS-101
Next-Generation Payment Card Materials: Sustainable and Metal
Report | 4Q 2023 | AN-5918
Hot Tech Innovators: The Industrial Edge
Presentation | 4Q 2021 | PT-2394
Distributed and Edge Computing Server Shipments and Spending
Market Data | 1Q 2022 | MD-DEC-101
