Overview of Global Covert Taggants Market
Counterfeiting continues to be a growing global threat impacting various industries across the globe. As a matter of fact, it is growing at the rate of 15% annually according to estimates from the International Chamber of Commerce (ICC).
Consequently, anti-counterfeiting technologies like covert security taggants and forensic markers are also witnessing a 20% annual rise in demand. This implies that industry representatives are well aware of the threat posed by counterfeiting and are taking proactive measures to protect themselves.
Not just that, it is estimated that the growth in the global covert taggants market is just about taking off and will see unprecedented rise in the times ahead. This is because businesses around the world see it as the ultimate defense against counterfeiting.
The taggant and forensic marker solutions are quite diverse, complex, dynamic and multi-dimensional in their use and application. Here are their main attributes and key differentiators:
- Admissible as conclusive evidence in courts of law
Taggant technologies are admissible as a means to secure legally tenable evidence in a court of law on the basis of laboratory verifiable evidence. This naturally is a big shot in the arm of both industry and law enforcement agencies in the battle against counterfeiting. - Highly covert nature
One of the most striking facets of taggant and forensic marker technologies is the fact that these are highly covert in nature and can be implemented on scales ranging from nano to micro. This enables deployment in multiple product and industry categories. - No room for reverse engineering
The fact that these technologies leave little to no scope for reverse engineering, replication and tampering makes them a natural choice for industries and brands looking at comprehensive security and protection against counterfeiting. - Versatile application
Taggants and forensic marking solutions are quite versatile in their application. These can be used to mark packaging as well as the products themselves. This allows businesses to extend comprehensive protection to their products, as well as maintain the sanctity of their brands. - Unique formulation in complexity and concentration
The ability to use these technologies to craft bespoke solutions for brands and products makes them much sought after by many businesses. One can have solutions of varying complexities tailored to the precise requirements of individual clients. Then there is also the ability to come up with an exclusively single or multiple formulations for a client which makes these technologies the definitive anti counterfeiting tool.
NanoMatriX Named Top Key Player in 2020
The Global Covert Taggants 2020 Market Report released by QYResearch named the top key players in the industry. NanoMatriX was named a top key player in 2020 along with other big brands like Merck, Honeywell, Spectra Systems, and Eluceda.
MatriX-Mark™ Taggants
MatriX-Mark™ Taggants is NanoMatriX’s very own range of taggant solutions which offers Level 3 (sophisticated covert detection) and Level 4 (forensic level detection) security. It offers advanced anti-counterfeit feature as it cannot be detected with ‘simple’ verification tools, e.g. UV light or IR laser pen.
Sophisticated covert feature (Level 3)
Detection principle: Invisible light from the emitting device will be converted into another invisible light wavelength. The unique particle characteristics can only be detected with proprietary detection systems. Multiple taggant versions are available.
Forensic security feature (Level 4)
During production of the MatriX-Mark™ taggants, a unique forensic feature can be added. A nearly infinitive number forensic signatures can be added to provide irrefutable proof of authenticity in court of law, beyond any reasonable doubt.
Unique Properties
- For all printing technologies: Offset, rotogravure, flexo, screen, intaglio, inkjet, laser, TTP, etc.
- Inorganic: No performance impact by age or exposure to strong UV radiation
- Tough: Sustained pressure even in intaglio printing process
- Chemical resistant: Withstood chemical resistant tests even for banknote use
- Temperature resistant: Melting point above 1000°C
- Small size: 500 nm to 5 micrometer (depending on application)– difficult to detect
- Complex formulation: Every taggant comes with a unique forensic feature that enables the trace element to be used as evidence in the court of law.
- Involves proprietary well researched methods of forensic detection: Every taggant comes with a unique forensic feature that enables the trace element to be used as evidence in the court of law.
MatriX-Mark™ Taggants have seen wide application in tax stamps, passports, banknotes, ID cards, product markings, warehouse receipts, certificates, and many others.
Being ISO 9001: 2015 certified, NanoMatriX works with the world’s leading brands, Fortune 500 companies, governments, and central banks in implementing these taggant technologies.
Learn more about MatriX-Mark™ Taggants here:
https://www.nanomatrixsecure.com/matrix-mark-tm-covert-forensic/