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Syntactic Foam Market: Market Segments: By Matrix Type (Metal, Polymer and Ceramic); By Form (Sheet & Rod and Blocks); By End User (Marine& Subsea, Automotive & Transportation, Aerospace & Defense, Sports & Leisure and Others); and Region – Global Analysis of Market Size, Share & Trends for 2014– 2020 and Forecasts to 2030

Region:Global

Author(s):

Product Code:FG429

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Published on

January 2021

Total pages

175

Table of Content

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About the Report

About the Report

Product Overview
Syntactic foam is a composite substance produced by filling polymer, ceramic, or metal with hollow glass or ceramic matrix called micro balloons. The word ‘syntactic’ means ordered grouping of the spheres and the term ‘foam’ refers to the closed cellular structure. The hollow spheres inside of the syntactic foam offer most of the material’s beneficial properties. Syntactic foams have a low coefficient of thermal expansion, a high specific strength, and a lower total density due to their gas- or air-filled matter. Syntactic foams can be employed as an alternative to PVC, metals, plastics, and different forms. The highly ordered syntactic foams are capable to be utilized in designs that involve multifunctional requirements such as radar transparency, aerospace structures, microwave electronics, and EMI shielding.
Market Highlights
Global Syntactic Foam Market is expected to project a notable CAGR of 5.14% in 2030.
Global Syntactic Foam Market to surpass USD 220.41 billion by 2030 from USD 113.5 billion in 2020 at a CAGR of 5.14% in the coming years, i.e., 2020-30. Syntactic Foam is experiencing an escalating demand from various end-user industries such as Marine& Subsea, Automotive & Transportation, Aerospace & Defense, Sports & Leisure. Furthermore, rising deepwater oil and gas activity and increasing deep-water and ultra-deep-water projects are anticipated to drive the market during the forecast period. Also, mounting consumption of hybrid syntactic foam propels the market growth further.
Global Syntactic Foam Market: Segments
Polymer segment to grow with the highest CAGR during 2020-30
Global Syntactic Foam Market is segmented by Matrix Type into Metal, Polymer, and Ceramic. The polymer segment held the largest market share of XX.X% in the year 2019 due to its increasing demand from marine & subsea applications such as vehicles, pumps underwater robotics, flotation, and oil & gas pipeline insulation. In addition, due to their superior characteristics such as low thermal expansion coefficient, high specific strength they are expected to be the fastest-growing segment during the forecast period.
Semiconductors segment to grow with the highest CAGR during 2020-30
Global Syntactic Foam Market is divided End User into Marine& Subsea, Automotive & Transportation, Aerospace & Defense, Sports & Leisure, and Others. The Marine& Subsea segment held the largest market share of XX.X% in the year 2019 and will continue to dominate the market in the coming years. Syntactic Foams are widely used in subsea buoyancy applications and the marine industry owing to their unique properties of high strength at low density and low moisture absorption. They offer buoyancy and weight reduction for several underwater activities and resist hydrostatic pressure and long-term water exposure up to the depth at which the syntactic foam is rated.
Market Dynamics
Drivers
Rising application of syntactic Foams in subsea activities
Material composition of Syntactic Foams offers unique mechanical properties due to which they are utilized in subsea applications below 700-meter depth.  The properties of Syntactic Foams such as high buoyancy per kilogram, high compressive strength, and low water absorption make them ideal for subsea applications that require high performance and long lifetime. Special formulations of the materials also have the potential to meet extreme requirements regarding temperature or fire resistance. These materials also find their application in deepwater pipe insulation, spacecraft, boat hulls, underwater vehicles, and even soccer balls
Increasing consumption of hybrid syntactic foam
Syntactic foams consist of glass micro balloons that provide mechanical and thermal properties that can be used as a core in aerospace and marine structures. Hybrid syntactic foams are gaining popularity these days and are employed in various applications including thermal insulation, subsea and marine applications due to their high hygroscopic and hydrostatic strength, impact absorption, and high stiffness at low density. They are used in the aerospace and aviation industries as guide insulators owing to dielectric properties that remain constant at high depth.
Restraint
High cost associated with transportation and logistics
Cost involved in the transportation and logistics of the materials of syntactic foam is likely to hamper the market in the coming years. The equipment, pipes, and field joints involved in the project are required to be completely thermally insulated. Some of the thermally insulated components are produced in places that far away foam the installation location. This results in highly increased transportation and logistics costs.
Global Syntactic Foam Market: Key Players

  • Trelleborg AB

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
  • Engineered Syntactic Systems
  • Diab International AB
  • SynFoam
  • Floatex
  • ALSEAMAR
  • Deepwater Buoyancy
  • CMT Materials
  • Other prominent players 
Global Syntactic Foam Market: Regions
Global Syntactic Foam Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa. Global Syntactic Foam Market in North America held the largest market share of XX.X% in the year 2019. North America will continue to dominate the global Syntactic Foam Market because of the growing use of syntactic foam in the marine & subsea industries in countries including Canada, the US, and Mexico.
    Global Syntactic Foam Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Syntactic Foam Market report also contains analysis on:
Syntactic Foam Market Segments:
  • By Matrix Type
    • Metal
    • Polymer
    • Ceramic
  • By Form
    • Sheet & Rod
    • Blocks
  • By End-UserSyntactic Foam Market Dynamics
    • Marine& Subsea
    • Automotive & Transportation
    • Aerospace & Defense
    • Sports & Leisure
    • Others
  • Syntactic Foam Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints

Products

Table of Contents

Table of Contents

Contents          

  1. Executive Summary
  2. Global Syntactic Foam Market
    1. Product Overview
    2. Market Definition
    3. Segmentation
    4. Assumptions and Acronyms
  3. Research Methodology
    1. Research Objectives
    2. Primary Research
    3. Secondary Research
    4. Forecast Model
    5. Market Size Estimation
  4. Average Pricing Analysis
  5. Macro-Economic Indicators
  6. Market Dynamics
    1. Growth Drivers
    2. Restraints
    3. Opportunity
    4. Trends
  7. Correlation & Regression Analysis
    1. Correlation Matrix
    2. Regression Matrix
  8. Recent Development, Policies & Regulatory Landscape
  9. Risk Analysis
    1. Demand Risk Analysis
    2. Supply Risk Analysis
  10. Global Syntactic Foam Market Analysis
    1. Porters Five Forces
      1. Threat of New Entrants
      2. Bargaining Power of Suppliers
      3. Threat of Substitutes
      4. Rivalry
    2. PEST Analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
  11. Global Syntactic Foam Market
    1. Market Size & forecast, 2020A-2030F
      1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
  12. Global Syntactic Foam Market: Market Segmentation
    1. By Regions
      1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    2. By Matrix Type: Market Share (2020-2030F)
      1. Metal, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Polymer, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      3. Ceramic, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    3. By Form: Market Share (2020-2030F)
      1. Sheet & Rod, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Blocks, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    4. By End-Users: Market Share (2020-2030F)
      1. Marine& Subsea, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      2. Automotive & Transportation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      3. Aerospace & Defense, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
      4. Sports & Leisure, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

  1. Trelleborg AB
    1. Company Overview
    2. Company Total Revenue (Financials)
    3. Market Potential
    4. Global Presence
    5. Key Performance Indicators
    6. SWOT Analysis
    7. Product Launch
  2. Engineered Syntactic Systems
  3. Diab International AB
  4. SynFoam
  5. Floatex
  6. ALSEAMAR
  7. Deepwater Buoyancy
  8. CMT Materials
  9. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

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