Market Overview:
The global silicone pin mat market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for silicone pin mats from various applications, such as home and medical applications. Silicone is a preferred material for making pin mats owing to its properties, such as heat resistance, non-stickiness, and durability. In addition, food grade silicone is also gaining traction in the market due to its safety features. Asia Pacific is expected to be the fastest-growing region in the global silicone pin mat market during the forecast period.
Product Definition:
A silicone pin mat is a tool used to keep track of the needles used in embroidery. It is a small, flat piece of silicone with evenly spaced holes around the edge. The pins are inserted into the holes and then easily removed when needed. This keeps track of where each needle was last used and prevents them from becoming misplaced or lost.
Silicone:
Silicone is a versatile material with high chemical and heat resistance. It can be used in various industries including cosmetics, pharmaceuticals, construction, automotive and electronics. The silicone pin mat market is driven by the growing demand for silicone rubber based products such as gaskets & washers in the packaging industry along with its increasing application scope in other end-use industries such as cosmetics & personal care and homecare among others.
Food Grade Silicone:
Food-grade silicone is a type of silicone that has been approved by the Food and Drug Administration (FDA) for direct food contact applications. It can be used in various types of food packaging including cups, lids, bowls, trays and clamshells among others. The material is considered to be non-toxic & safe for direct consumption application as well as human health when used in packaging solutions.
Application Insights:
The home application segment dominated the global silicone pin mat market in 2017. The growing preference for decorative and functional items in the kitchen is expected to remain a key factor driving product demand over the forecast period. In addition, increasing spending on home remodeling projects is anticipated to fuel demand for silicone pin mats over the next eight years.
Medical applications are projected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to an increase in healthcare spending by governments as well as individuals across various countries including China, India and Australia among others due to rising living standards coupled with aging population trends will drive industry expansion over the coming years. Rising R&D investments by major players such as Dow Chemical Company into new product development are also expected fuel industry expansion during future periods leading up till 2030 globally speaking.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to growing population, increasing disposable income and rising awareness about silicone-based medical devices among consumers of developing economies such as China and India. In addition, favorable government initiatives for promoting manufacturing output in various countries are likely to have a positive impact on industry growth over the coming years.
North America accounted for a significant share of revenue in 2017 owing to high demand from end-use industries such as medical devices and home healthcare aids coupled with an increase in R&D activities by key companies operating within this sector across U.S.
Growth Factors:
- Increasing demand for silicone products from the automotive and electrical industries
- Growing popularity of silicone baking mats among home cooks
- Rising demand for non-stick cooking surfaces
- Increasing use of silicone in medical applications
- Proliferation of online retail channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicone Pin Mat Market Research Report
By Type
Silicone, Food Grade Silicone, Plastic
By Application
Home, Medical
By Companies
Polymax Ltd., TOMOE Engineering Co., Ltd., Duraline Systems, Surgmed, Surgimedex.in, RfQ-Medizintechnik GmbH & Co. KG, Westen Polyrub India Pvt., Surtex Instruments, Axis Health, Shenzhen Tenchy Silicone&Rubber Co.,Ltd, Mahr Surgical, Togawa, BOONSUN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Silicone Pin Mat Market Report Segments:
The global Silicone Pin Mat market is segmented on the basis of:
Types
Silicone, Food Grade Silicone, Plastic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Medical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Polymax Ltd.
- TOMOE Engineering Co., Ltd.
- Duraline Systems
- Surgmed
- Surgimedex.in
- RfQ-Medizintechnik GmbH & Co. KG
- Westen Polyrub India Pvt.
- Surtex Instruments
- Axis Health
- Shenzhen Tenchy Silicone&Rubber Co.,Ltd
- Mahr Surgical
- Togawa
- BOONSUN
Highlights of The Silicone Pin Mat Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silicone
- Food Grade Silicone
- Plastic
- By Application:
- Home
- Medical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silicone Pin Mat Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A silicone pin mat is a rubber or silicone mat that is designed to protect floors and furniture from pins and needles. It can also be used as a gaming surface.
Some of the major companies in the silicone pin mat market are Polymax Ltd., TOMOE Engineering Co., Ltd., Duraline Systems, Surgmed, Surgimedex.in, RfQ-Medizintechnik GmbH & Co. KG, Westen Polyrub India Pvt., Surtex Instruments, Axis Health, Shenzhen Tenchy Silicone&Rubber Co.,Ltd, Mahr Surgical, Togawa, BOONSUN.
The silicone pin mat market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silicone Pin Mat Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Silicone Pin Mat Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Silicone Pin Mat Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Silicone Pin Mat Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Silicone Pin Mat Market Size & Forecast, 2018-2028 4.5.1 Silicone Pin Mat Market Size and Y-o-Y Growth 4.5.2 Silicone Pin Mat Market Absolute $ Opportunity
Chapter 5 Global Silicone Pin Mat Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Silicone Pin Mat Market Size Forecast by Type
5.2.1 Silicone
5.2.2 Food Grade Silicone
5.2.3 Plastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Silicone Pin Mat Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Silicone Pin Mat Market Size Forecast by Applications
6.2.1 Home
6.2.2 Medical
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silicone Pin Mat Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Silicone Pin Mat Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Silicone Pin Mat Analysis and Forecast
9.1 Introduction
9.2 North America Silicone Pin Mat Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Silicone Pin Mat Market Size Forecast by Type
9.6.1 Silicone
9.6.2 Food Grade Silicone
9.6.3 Plastic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Silicone Pin Mat Market Size Forecast by Applications
9.10.1 Home
9.10.2 Medical
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Silicone Pin Mat Analysis and Forecast
10.1 Introduction
10.2 Europe Silicone Pin Mat Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Silicone Pin Mat Market Size Forecast by Type
10.6.1 Silicone
10.6.2 Food Grade Silicone
10.6.3 Plastic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Silicone Pin Mat Market Size Forecast by Applications
10.10.1 Home
10.10.2 Medical
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Silicone Pin Mat Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Silicone Pin Mat Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Silicone Pin Mat Market Size Forecast by Type
11.6.1 Silicone
11.6.2 Food Grade Silicone
11.6.3 Plastic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Silicone Pin Mat Market Size Forecast by Applications
11.10.1 Home
11.10.2 Medical
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Silicone Pin Mat Analysis and Forecast
12.1 Introduction
12.2 Latin America Silicone Pin Mat Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Silicone Pin Mat Market Size Forecast by Type
12.6.1 Silicone
12.6.2 Food Grade Silicone
12.6.3 Plastic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Silicone Pin Mat Market Size Forecast by Applications
12.10.1 Home
12.10.2 Medical
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Silicone Pin Mat Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Silicone Pin Mat Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Silicone Pin Mat Market Size Forecast by Type
13.6.1 Silicone
13.6.2 Food Grade Silicone
13.6.3 Plastic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Silicone Pin Mat Market Size Forecast by Applications
13.10.1 Home
13.10.2 Medical
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Silicone Pin Mat Market: Competitive Dashboard
14.2 Global Silicone Pin Mat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Polymax Ltd.
14.3.2 TOMOE Engineering Co., Ltd.
14.3.3 Duraline Systems
14.3.4 Surgmed
14.3.5 Surgimedex.in
14.3.6 RfQ-Medizintechnik GmbH & Co. KG
14.3.7 Westen Polyrub India Pvt.
14.3.8 Surtex Instruments
14.3.9 Axis Health
14.3.10 Shenzhen Tenchy Silicone&Rubber Co.,Ltd
14.3.11 Mahr Surgical
14.3.12 Togawa
14.3.13 BOONSUN