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
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.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.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.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 ballsRestraint
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.
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.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.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.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 ballsRestraint
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.
1. EXECUTIVE SUMMARY
2. GLOBAL SYNTACTIC FOAM MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL SYNTACTIC FOAM MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL SYNTACTIC FOAM MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. GLOBAL SYNTACTIC FOAM MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. 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
12.1.4. 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
12.1.5. 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
12.2. By Matrix Type: Market Share (2020-2030F)
12.2.1. Metal, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Polymer, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Ceramic, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Form: Market Share (2020-2030F)
12.3.1. Sheet & Rod, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Blocks, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By End-Users: Market Share (2020-2030F)
12.4.1. Marine& Subsea, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Automotive & Transportation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Aerospace & Defense, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.4. Sports & Leisure, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
14. TRELLEBORG AB
14.1. Company Overview
14.2. Company Total Revenue (Financials)
14.3. Market Potential
14.4. Global Presence
14.5. Key Performance Indicators
14.6. SWOT Analysis
14.7. Product Launch
15. ENGINEERED SYNTACTIC SYSTEMS
16. DIAB INTERNATIONAL AB
17. SYNFOAM
18. FLOATEX
19. ALSEAMAR
20. DEEPWATER BUOYANCY
21. CMT MATERIALS
22. 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.
2. GLOBAL SYNTACTIC FOAM MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL SYNTACTIC FOAM MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL SYNTACTIC FOAM MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. GLOBAL SYNTACTIC FOAM MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. 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
12.1.4. 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
12.1.5. 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
12.2. By Matrix Type: Market Share (2020-2030F)
12.2.1. Metal, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Polymer, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. Ceramic, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Form: Market Share (2020-2030F)
12.3.1. Sheet & Rod, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Blocks, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By End-Users: Market Share (2020-2030F)
12.4.1. Marine& Subsea, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Automotive & Transportation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Aerospace & Defense, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.4. Sports & Leisure, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
14. TRELLEBORG AB
14.1. Company Overview
14.2. Company Total Revenue (Financials)
14.3. Market Potential
14.4. Global Presence
14.5. Key Performance Indicators
14.6. SWOT Analysis
14.7. Product Launch
15. ENGINEERED SYNTACTIC SYSTEMS
16. DIAB INTERNATIONAL AB
17. SYNFOAM
18. FLOATEX
19. ALSEAMAR
20. DEEPWATER BUOYANCY
21. CMT MATERIALS
22. 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.
