シンタクティックフォーム市場 – 2030年までの世界予測

Syntactic Foam Market - Global Forecast to 2030

シンタクティックフォーム市場 - 製品タイプ(マクロ球、マイクロ球)、マトリックスタイプ(金属、ポリマー、セラミック)、フィラータイプ(ガラスおよびセラミックマイクロ球)、フォーム(ブロック、シート、ロッド)、化学組成(エポキシ、ポリプロピレン)、最終用途産業および地域別 - 2030年までの世界予測
Syntactic Foam Market by Product Type (Macro-sphere, Micro-sphere), Matrix Type (Metal, Polymer, Ceramic), Filler Type (Glass and Ceramic Micro-spheres), Foam (Block, Sheet & Rod), Chemistry (Epoxy, Polypropylene), End-use Industry & Region - Global Forecast to 2030

商品番号 : SMB-78329

出版社MarketsandMarkets
出版年月2025年5月
ページ数260
図表数319
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本調査は、シンタクティックフォーム市場を様々なセグメントにわたって網羅しています。製品タイプ、マトリックスタイプ、フィラータイプ、フォーム、化学組成、最終用途産業、地域に基づき、様々なセグメントにおける市場規模と成長ポテンシャルを推定することを目的としています。また、主要プレーヤーの詳細な競合分析、企業概要、製品および事業内容に関する主要な考察、最近の動向、そしてシンタクティックフォーム市場における地位向上のために採用した主要な成長戦略についても取り上げています。

The market for syntactic foam was USD 175,000.0 thousand in 2024 and is projected to reach USD  233,929.5 thousand in 2030 at a CAGR of 5%. The rising offshore crude oil production drives the market for syntactic foam and demand from oceanography activities. Oil and gas are the prominent resources required globally. Therefore, companies are exploring offshore oil fields. Syntactic foam provides buoyancy and is the optimal lightweight material for deep-sea applications. It is used in riser floats and deep-sea vehicles like ROV and AUV for defence and oceanography research.

シンタクティックフォームの市場規模は2024年には175,000.0千米ドルで、2030年には5%のCAGRで233,929.5千米ドルに達すると予測されています。沖合原油生産の増加は、シンタクティックフォーム市場と海洋学活動からの需要を牽引しています。石油とガスは世界的に必要とされる主要な資源です。そのため、企業は沖合油田の探査を行っています。シンタクティックフォームは浮力を提供し、深海での使用に最適な軽量素材です。防衛および海洋学研究用のライザーフロートやROV、AUVなどの深海車両に使用されています。

シンタクティックフォーム市場 - 2030年までの世界予測
syntactic-foam-market-Overview

By Matrix type, polymer matrix accounted for the largest market during the forecast period.

The polymer matrix segment is projected to hold the biggest market share through the forecast period. Microspheres, often composed of glass, are incorporated into a matrix to create syntactic foams. There are three different matrices: ceramic, metal, and polymer. Because of its many benefits, the polymer matrix is the most widely utilized. The hollow microspheres in syntactic foams are held together by a polymer matrix, which gives the composite its desired mechanical, thermal, and acoustic qualities. The performance, application applicability, and environmental resilience of the syntactic foam are all significantly impacted by the polymer selection. Epoxy resin, a thermoset material with superior adhesion, mechanical strength, and chemical resistance, makes up the polymer matrix.

By filler type, the glass micro-spheres segment accounted for the highest CAGR during the forecast period.

The glass micro-spheres segment is expected to attain the highest compound annual growth rate (CAGR) in the syntactic foam market during the forecast period. Due to their extremely low weight, glass microspheres can be used for buoyancy. Their ability to withstand corrosion makes them even more beneficial for use, particularly in deep-sea applications. Syntactic foams resist heat transmission due to their superior thermal insulation qualities, and the glass resists moisture, keeping water out of the syntactic foam substance.

By end-use industry, marine & subsea accounted for the highest CAGR during the forecast period.

By end-use industry, marine & subsea accounted for the highest CAGR, driven by growth in offshore oilfields, oceanography operations, and deep-sea vehicles. As more nations consider and investigate the extraction of hydrocarbons, such as oil and gas, from offshore regions, the number of offshore oil fields is growing. Syntactic foam is utilized in this situation due to its high compressive strength, low density, and superior resistance to hydrostatic pressure and seawater. It is used in studies on structural supports, insulated pipeline coatings, riser buoyancy modules, and subsea buoyancy modules, among other things. For this, ROVs and AUVs are primarily utilized.

シンタクティックフォーム市場 - 2030年までの世界予測 region
syntactic-foam-market-Region

BY region, Asia Pacific is projected to account for the highest CAGR during the forecast period.

The Asia Pacific region, including India, China, and the rest of Asia Pacific, is the fastest-growing region in the syntactic foam market. Increased investments in offshore energy, defense modernization, infrastructure development, and lightweight materials for building and mobility are driving syntactic foam adoption in Asia Pacific. One of the main forces for this expansion in the area is the impending offshore oilfield projects and startups. Furthermore, syntactic foams are needed for marine and subsea applications, such as submarines; China, Japan, and India have robust maritime operations.

  • By Company Type: Tier 1: 40%, Tier 2: 25%, Tier 3: 35%
  • By Designation: C Level: 35%, Director Level: 30%, Others: 35%
  • By Region: North America: 25%, Europe: 20%, Asia Pacific: 45%, Middle East & Africa: 5%, and South America: 5%.

Companies Covered:

Akzo Nobel N.V.  (Netherlands), ALCEN  (France), Trelleborg AB  (Sweden), Resinex Trading S.r.l.  (Italy), ESCO Technologies Inc.  (US), Matrix Composites & Engineering  (Australia), DIAB Group  (Sweden), PPG Industries, Inc.  (US), DeepWater Buoyancy Inc.  (US), and Balmoral Group  (Scotland)  are some key players in syntactic foam Market.

シンタクティックフォーム市場 - 2030年までの世界予測 ecosystem
syntactic-foam-market-Ecosystem

Research Coverage

The study covers the syntactic foam market across various segments. It aims to estimate the market size and the growth potential across different segments based on product type, matrix type, filler type, foam, chemistry, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments, and key growth strategies they adopted to improve their position in the syntactic foam market.

Key Benefits of Buying the Report

The report aims to assist market leaders and new entrants in gaining accurate estimates of revenue figures for the overall syntactic foam market, including its segments and sub-segments. This report is projected to help stakeholders understand the market’s competitive landscape, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (rising offshore crude oil production and demand from oceanography activities), restraints (fluctuations in natural gas demand and prices and environmental and recycling concerns), opportunities (use of syntactic foam in construction and demand from thermoforming applications), and challenges (transportation & logistic costs) influencing the growth of the syntactic foam market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the syntactic foam market
  • Market Development: Comprehensive information about profitable markets – the report analyses the syntactic foam market across varied regions
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the syntactic foam market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, such as Akzo Nobel N.V. (Netherlands), ALCEN (France), Trelleborg AB (Sweden), Resinex Trading S.r.l. (Italy), ESCO Technologies Inc. (US), Matrix Composites & Engineering  (Australia), DIAB Group  (Sweden), PPG Industries, Inc. (US), DeepWater Buoyancy Inc. (US), Balmoral Group (Scotland)  and others in the syntactic foam market. The report also helps stakeholders understand the pulse of the syntactic foam market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1               INTRODUCTION              26

1.1           STUDY OBJECTIVES       26

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   27

1.3.1        SYNTACTIC FOAM MARKET SEGMENTATION AND REGIONAL SCOPE            27

1.3.2        INCLUSIONS AND EXCLUSIONS 28

1.3.3        YEARS CONSIDERED      29

1.3.4        CURRENCY CONSIDERED            29

1.3.5        UNITS CONSIDERED      29

1.4           STAKEHOLDERS               29

1.5           LIMITATIONS    30

1.6           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       31

2.1           RESEARCH DATA              31

2.1.1        SECONDARY DATA          32

2.1.1.1    Key data from secondary sources       32

2.1.1.2    List of secondary sources    32

2.1.2        PRIMARY DATA 33

2.1.2.1    Key primary participants     33

2.1.2.2    Key data from primary sources           33

2.1.2.3    Breakdown of interviews with experts               34

2.1.2.4    Key industry insights           34

2.2           MARKET SIZE ESTIMATION         34

2.2.1        TOP-DOWN APPROACH                35

2.2.2        BOTTOM-UP APPROACH              35

2.3           BASE NUMBER CALCULATION   35

2.3.1        SUPPLY-SIDE APPROACH             36

2.4           GROWTH FORECAST      37

2.5           DATA TRIANGULATION                37

2.6           RESEARCH ASSUMPTIONS           38

2.7           FACTOR ANALYSIS          38

2.8           RESEARCH LIMITATIONS             39

2.9           RISK ASSESSMENT           39

3               EXECUTIVE SUMMARY  40

4               PREMIUM INSIGHTS       45

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SYNTACTIC FOAM MARKET        45

4.2           SYNTACTIC FOAM MARKET, BY PRODUCT TYPE                 45

4.3           SYNTACTIC FOAM MARKET, BY MATRIX TYPE   46

4.4           SYNTACTIC FOAM MARKET, BY FILLER TYPE     46

4.5           SYNTACTIC FOAM MARKET, BY FORM   47

4.6           SYNTACTIC FOAM MARKET, BY CHEMISTRY       47

4.7           SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY                 48

4.8           NORTH AMERICA: SYNTACTIC FOAM MARKET, BY FORM AND COUNTRY   48

4.9           SYNTACTIC FOAM MARKET, BY KEY COUNTRY 49

5               MARKET OVERVIEW       50

5.1           INTRODUCTION              50

5.1.1        DRIVERS               51

5.1.1.1    Rising offshore oil and gas production              51

5.1.1.2    Demand from oceanography activities              52

5.1.2        RESTRAINTS      52

5.1.2.1    Fluctuations in natural gas demand and prices                52

5.1.2.2    Environmental and recycling concerns              53

5.1.3        OPPORTUNITIES              54

5.1.3.1    Development of eco-friendly syntactic foam   54

5.1.3.2    Use of syntactic foams in construction              54

5.1.3.3    Demand from thermoforming applications      54

5.1.4        CHALLENGES    55

5.1.4.1    Limitations of syntactic foam material              55

5.1.4.2    Transportation & logistic costs           55

5.1.4.3    Manufacturing inconsistencies and need for standardization                 55

6               INDUSTRY TRENDS         56

6.1           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            56

6.2           ECOSYSTEM ANALYSIS  57

6.3           VALUE CHAIN ANALYSIS               59

6.4           TARIFF AND REGULATORY LANDSCAPE               60

6.4.1        TARIFF DATA RELATED TO SYNTACTIC FOAM  60

6.4.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             61

6.4.3        REGULATIONS  64

6.4.3.1    ASTM D35-74 & ASTM D 3039       64

6.4.3.2    DNV-ST-F119      64

6.4.3.3    SOLAS   64

6.5           PRICING ANALYSIS          65

6.5.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY FILLER TYPE, 2024            65

6.5.2        AVERAGE SELLING PRICE TREND, BY REGION   66

6.6           TRADE ANALYSIS             67

6.6.1        IMPORT DATA (HS CODE 701820)              67

6.6.2        EXPORT DATA (HS CODE 701820)              68

6.6.3        IMPORT DATA (HS CODE 390730)              69

6.6.4        EXPORT DATA (HS CODE 390730)              70

6.7           TECHNOLOGY ANALYSIS             71

6.7.1        KEY TECHNOLOGIES     71

6.7.1.1    Mold Casting         71

6.7.2        ADJACENT TECHNOLOGIES       71

6.7.2.1    Stir Casting            71

6.7.2.2    Single Phase Syntactic         71

6.7.3        COMPLEMENTARY TECHNOLOGIES       72

6.7.3.1    Additive Manufacturing      72

6.7.3.2    Computer Numerical Control (CNC) machining            72

6.8           PATENT ANALYSIS          72

6.9           CASE STUDY ANALYSIS 76

6.9.1        INCREASE IN EFFICIENCY THROUGH AIS’S BUOYANCY MODULES           76

6.9.2        CMT EUROPE BV’S HYTAC WFT THERMOSET SYNTACTIC FOAM HELPS IN IMPROVING THERMOFORMING PROCESS              77

6.9.3        TRELLEBORG AB’S SYNTACTIC FOAM HELPS IN REPETITIVE DIVING OF MANNED SUBMERSIBLE VESSEL                 77

6.10         KEY CONFERENCES AND EVENTS, 2025  78

6.11         IMPACT OF AI ON SYNTACTIC FOAM MARKET  79

6.11.1      INTRODUCTION              79

6.12         PORTER’S FIVE FORCES’ ANALYSIS          80

6.12.1      THREAT OF NEW ENTRANTS      81

6.12.2      THREAT OF SUBSTITUTES          81

6.12.3      BARGAINING POWER OF SUPPLIERS       81

6.12.4      BARGAINING POWER OF BUYERS             82

6.12.5      INTENSITY OF COMPETITIVE RIVALRY 82

6.13         KEY STAKEHOLDERS AND BUYING CRITERIA     82

6.13.1      KEY STAKEHOLDERS IN BUYING PROCESS           82

6.13.2      BUYING CRITERIA           83

6.14         MACROECONOMIC ANALYSIS    84

6.14.1      INTRODUCTION              84

6.15         GDP TRENDS AND FORECASTS 84

6.16         IMPACT OF 2025 US TARIFF – SYNTACTIC FOAM MARKET               84

6.16.1      INTRODUCTION              84

6.16.2      KEY TARIFF RATES          85

6.16.3      PRICE IMPACT ANALYSIS             85

6.16.4      IMPACT ON COUNTRY/REGION                85

6.16.4.1  US           85

6.16.4.2  China      86

6.16.4.3  Europe   86

6.16.5      IMPACT ON END-USE INDUSTRIES          86

7               SYNTACTIC FOAM MARKET, BY PRODUCT TYPE                 87

7.1           INTRODUCTION              88

7.2           MICRO-SPHERE 89

7.2.1        ABILITY TO PROVIDE DEEPSEA BUOYANCY TO DRIVE MARKET GROWTH          89

7.3           MACRO-SPHERE               89

7.3.1        PROFICIENCY FOR USE IN LARGE STRUCTURES TO DRIVE MARKET 89

8               SYNTACTIC FOAM MARKET, BY MATRIX TYPE   90

8.1           INTRODUCTION              91

8.2           METAL 92

8.2.1        USE OF METAL MATRIX SYNTACTIC FOAM IN SANDWICH STRUCTURES TO DRIVE MARKET    92

8.3           POLYMER            93

8.3.1        DEMAND FROM MARINE & SUBSEA MARKET TO DRIVE GROWTH             93

8.4           CERAMIC             93

8.4.1        SUPERIOR QUALITY OF CERAMIC MATRIX TO ENHANCE MARKET GROWTH          93

9               SYNTACTIC FOAM MARKET, BY FILLER TYPE     94

9.1           INTRODUCTION              95

9.2           GLASS MICRO-SPHERES                96

9.2.1        MULTIPLE PRODUCT ADVANTAGES TO DRIVE MARKET DEMAND             96

9.3           CERAMIC MICRO-SPHERES          97

9.3.1        HIGH TEMPERATURE RESISTANCE OF CERAMIC MICRO-SPHERES TO DRIVE MARKET GROWTH 97

9.4           OTHER FILLER TYPES    97

10            SYNTACTIC FOAM MARKET, BY FORM   98

10.1         INTRODUCTION              99

10.2         BLOCKS                100

10.2.1      USE IN LARGE STRUCTURES TO DRIVE MARKET DEMAND             100

10.3         SHEET & ROD    100

10.3.1      DEMAND FROM THERMOFORMING INDUSTRY TO DRIVE GROWTH               100

11            SYNTACTIC FOAM MARKET, BY CHEMISTRY       101

11.1         INTRODUCTION              102

11.2         EPOXY  103

11.2.1      INCREASE IN MARINE & SUBSEA ACTIVITIES TO DRIVE MARKET DEMAND          103

11.3         POLYPROPYLENE            104

11.3.1      PRODUCTION OF SYNTACTIC FOAM USING POLYPROPYLENE REQUIRED

TO DRIVE GROWTH        104

11.4         OTHER CHEMISTRIES    104

12            SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY                 105

12.1         INTRODUCTION              106

12.2         MARINE & SUBSEA           107

12.2.1      GROWTH IN OFFSHORE OIL AND GAS PRODUCTION TO DRIVE MARKET 107

12.3         AEROSPACE & DEFENCE               108

12.3.1      INCREASE IN AIR TRAVEL TO INFLUENCE DEMAND                 108

12.4         SPORTS & LEISURE          109

12.4.1      BENEFITS OF USE OF SYNTACTIC FOAM IN SPORTS EQUIPMENT

TO BOOST DEMAND      109

12.5         AUTOMATIVE & TRANSPORTATION       109

12.5.1      USE OF SYNTACTIC FOAM IN ELECTRIC VEHICLES TO ENHANCE DEMAND       109

12.6         OTHER END-USE INDUSTRIES   110

13            SYNTACTIC FOAM MARKET, BY REGION               111

13.1         INTRODUCTION              112

13.2         NORTH AMERICA             114

13.2.1      US           117

13.2.1.1  Expanding offshore oil & gas activities and oceanography

to drive demand    117

13.2.2      CANADA               119

13.2.2.1  Investment in offshore oil production and participation in oceanographic activities to drive demand         119

13.2.3      MEXICO                121

13.2.3.1  Growing investments in Gulf of Mexico and increased crude oil

and natural gas production to drive demand   121

13.3         EUROPE               123

13.3.1      GERMANY           127

13.3.1.1  Increasing reliance on hydrocarbon imports, exports of automotives, and growing aerospace industry to drive demand   127

13.3.2      FRANCE                129

13.3.2.1  Oceanographic research and increasing adoption of EVs to demand  129

13.3.3      UK          131

13.3.3.1  Growth in EVs and use of syntactic foam in AUVs to propel demand  131

13.3.4      ITALY    133

13.3.4.1  Marine research, aerospace exports, and automotive sector

to drive demand    133

13.3.5      SPAIN    135

13.3.5.1  Strong funding in aerospace industry and growing automotive sales and exports to drive market       135

13.3.6      RUSSIA 137

13.3.6.1  Increase in exports of oil and gas and offshore field exploration to drive market          137

13.3.7      REST OF EUROPE             139

13.4         ASIA PACIFIC     141

13.4.1      CHINA  144

13.4.1.1  CNOOC’s offshore projects and exports of EVs to drive market growth    144

13.4.2      INDIA    147

13.4.2.1  Exploration in offshore fields and investments in oceanographic research to drive demand    147

13.4.3      JAPAN   149

13.4.3.1  Marine research and growth of automobile and electronics industries to drive demand 149

13.4.4      SOUTH KOREA  151

13.4.4.1  Exploration of offshore fields and EV incentives to drive demand                 151

13.4.5      REST OF ASIA PACIFIC   153

13.5         MIDDLE EAST & AFRICA                154

13.5.1      GCC COUNTRIES              158

13.5.1.1  UAE        159

13.5.1.1.1                ADNOC’s offshore projects and exploration of new offshore fields to drive market            159

13.5.1.2  Saudi Arabia          161

13.5.1.2.1                Expanding operations of oilfields and natural gas situated offshore, and increase in infrastructure spending to boost growth                 161

13.5.1.3  Rest of GCC countries         163

13.5.2      SOUTH AFRICA 165

13.5.2.1  Expansion in offshore gas field projects            165

13.5.3      REST OF MIDDLE EAST & AFRICA             167

13.6         SOUTH AMERICA             169

13.6.1      BRAZIL 172

13.6.1.1  Rising exploration of offshore oil & gas fields to drive market growth    172

13.6.2      ARGENTINA       173

13.6.2.1  Automotive industry to drive market growth   173

13.6.3      REST OF SOUTH AMERICA           175

14            COMPETITIVE LANDSCAPE         177

14.1         OVERVIEW          177

14.1.1      KEY PLAYERS STRATEGIES/RIGHT TO WIN          177

14.2         MARKET SHARE ANALYSIS           179

14.3         PRODUCT COMPARISON              182

14.4         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 182

14.4.1      STARS   182

14.4.2      EMERGING LEADERS     183

14.4.3      PERVASIVE PLAYERS      183

14.4.4      PARTICIPANTS 183

14.4.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         184

14.4.5.1  Company footprint               184

14.4.5.2  Region footprint   184

14.4.5.3  Product type footprint         185

14.4.5.4  Matrix type footprint            185

14.4.5.5  Filler type footprint              186

14.4.5.6  Form footprint      186

14.4.5.7  Chemistry footprint              187

14.4.5.8  End-use industry footprint 187

14.5         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        188

14.5.1      PROGRESSIVE COMPANIES         188

14.5.2      RESPONSIVE COMPANIES            188

14.5.3      DYNAMIC COMPANIES  188

14.5.4      STARTING BLOCKS         188

14.5.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 190

14.5.5.1  Detailed list of key startups/SMEs    190

14.5.5.2  Competitive benchmarking of key startups/SMEs          191

14.6         COMPETITIVE SCENARIO             193

14.6.1      DEALS  193

14.6.2      EXPANSIONS     194

14.6.3      OTHERS                195

15            COMPANY PROFILES      196

15.1         KEY PLAYERS     196

15.1.1      AKZONOBEL N.V.             196

15.1.1.1  Business overview 196

15.1.1.2  Products/Solutions/Services offered 197

15.1.1.3  Recent developments           198

15.1.1.3.1                Deals      198

15.1.1.3.2                Expansions             198

15.1.1.4  MnM view              198

15.1.1.4.1                Right to win           198

15.1.1.4.2                Strategic choices   199

15.1.1.4.3                Weaknesses and competitive threats 199

15.1.2      ALCEN  200

15.1.2.1  Business overview 200

15.1.2.2  Products/Solutions/Services offered 200

15.1.2.3  MnM view              201

15.1.2.3.1                Right to win           201

15.1.2.3.2                Strategic choices   201

15.1.2.3.3                Weaknesses and competitive threats 201

15.1.3      TRELLEBORG AB              202

15.1.3.1  Business overview 202

15.1.3.2  Products/Solutions/Services offered 203

15.1.3.3  Recent developments           204

15.1.3.3.1                Expansions             204

15.1.3.4  MnM view              204

15.1.3.4.1                Right to win           204

15.1.3.4.2                Strategic choices   205

15.1.3.4.3                Weaknesses and competitive threats 205

15.1.4      RESINEX TRADING S.R.L.               206

15.1.4.1  Business overview 206

15.1.4.2  Products/Solutions/Services offered 206

15.1.4.3  Recent developments           207

15.1.4.3.1                Deals      207

15.1.4.4  MnM view              207

15.1.4.4.1                Right to win           207

15.1.4.4.2                Strategic choices   207

15.1.4.4.3                Weaknesses and competitive threats 208

15.1.5      ESCO TECHNOLOGIES INC.         209

15.1.5.1  Business overview 209

15.1.5.2  Products/Solutions/Services offered 210

15.1.5.2.1                Expansions             211

15.1.5.3  MnM view              211

15.1.5.3.1                Right to win           211

15.1.5.3.2                Strategic choices   212

15.1.5.3.3                Weaknesses and competitive threats 212

15.1.6      MATRIX COMPOSITES & ENGINEERING 213

15.1.6.1  Business overview 213

15.1.6.2  Products/Solutions/Services offered 214

15.1.6.3  Recent developments           215

15.1.6.3.1                Deals      215

15.1.6.3.2                Others    216

15.1.6.4  MnM view              216

15.1.6.4.1                Right to win           216

15.1.6.4.2                Strategic choices   216

15.1.6.4.3                Weaknesses and competitive threats 216

15.1.7      DIAB GROUP      217

15.1.7.1  Business overview 217

15.1.7.2  Products/Solutions/Services offered 217

15.1.7.3  Recent developments           217

15.1.7.3.1                Deals      217

15.1.7.4  MnM view              218

15.1.7.4.1                Right to win           218

15.1.7.4.2                Strategic choices   218

15.1.7.4.3                Weaknesses and competitive threats 218

15.1.8      PPG INDUSTRIES, INC.  219

15.1.8.1  Business overview 219

15.1.8.2  Products/Solutions/Services offered 220

15.1.8.3  MnM view              221

15.1.9      DEEPWATER BUOYANCY, INC.  222

15.1.9.1  Business overview 222

15.1.9.2  Products/Solutions/Services offered 222

15.1.9.3  Recent developments           223

15.1.9.3.1                Deals      223

15.1.9.3.2                Others    224

15.1.9.4  MnM view              224

15.1.10   BALMORAL GROUP         225

15.1.10.1                 Business overview 225

15.1.10.2                 Products/Solutions/Services offered 225

15.1.10.3                 Recent developments           226

15.1.10.3.1             Others    226

15.1.10.4                 MnM view              227

15.2         OTHER PLAYERS              228

15.2.1      ACOUSTIC POLYMERS LTD         228

15.2.2      TAIZHOU CBM-FUTURE NEW MATERIALS S&T CO., LTD.                 229

15.2.3      PRECISION ACOUSTICS LTD.      230

15.2.4      ORIENTAL OCEAN TECH.             231

15.2.5      AIS          232

15.2.6      SYNFOAM            233

15.2.7      COCOBUOYANCY            234

15.2.8      F-TEC PTY LTD 235

15.2.9      BASE MATERIALS LTD   236

15.2.10   NUCLEAD MANUFACTURING CO INC     237

15.2.11   THERMAL MITIGATION TECHNOLOGIES, LLC.  238

15.2.12   CGP EUROPE     239

15.2.13   RIZHAO FLOAT NEW MATERIALS CO., LTD          240

15.2.14   QINGDAO DOOWIN MARINE ENGINEERING CO., LTD                 241

16            ADJACENT & RELATED MARKET               242

16.1         INTRODUCTION              242

16.2         COMPOSITES MARKET  242

16.2.1      MARKET DEFINITION   242

16.2.2      MARKET OVERVIEW       242

16.2.3      COMPOSITES MARKET, BY MANUFACTURING PROCESS                 242

16.2.4      COMPOSITES MARKET, BY FIBER TYPE 244

16.2.5      COMPOSITES MARKET, BY RESIN TYPE 245

16.2.6      COMPOSITES MARKET, BY END-USE INDUSTRY                 246

16.2.7      COMPOSITES MARKET, BY REGION         248

17            APPENDIX           251

17.1         DISCUSSION GUIDE        251

17.2         CUSTOMIZATION OPTIONS        256

17.3         RELATED REPORTS         256

17.4         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                257

17.5         AUTHOR DETAILS           259

LIST OF TABLES

TABLE 1                ROLE OF COMPANIES IN ECOSYSTEM    58

TABLE 2                AVERAGE TARIFF OF GLASS MICROSPHERES <= 1 MM IN DIAMETER        60

TABLE 3                NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  61

TABLE 4                SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  62

TABLE 5                EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  62

TABLE 6                ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  63

TABLE 7                MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES, AND OTHER ORGANIZATIONS           63

TABLE 8                AVERAGE SELLING PRICE TREND OF KEY PLAYERS,

BY FILLER TYPE (USD/KG), 2024                 65

TABLE 9                AVERAGE SELLING PRICE TREND OF SYNTACTIC FOAM

BY REGION, 2023–2026 (USD/KG)               66

TABLE 10              IMPORT DATA FOR HS CODE 701820-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            67

TABLE 11              EXPORT DATA FOR HS CODE 701820-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            68

TABLE 12              IMPORT DATA FOR HS CODE 390730-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            69

TABLE 13              EXPORT DATA FOR HS CODE 390730-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            70

TABLE 14              KEY PATENTS, 2021–2024               74

TABLE 15              SYNTACTIC FOAM: KEY CONFERENCES AND EVENTS, 2025     78

TABLE 16              PORTER’S FIVE FORCES ANALYSIS           81

TABLE 17              INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR

TOP THREE END-USE INDUSTRIES          83

TABLE 18              KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              83

TABLE 19              GLOBAL GDP GROWTH PROJECTIONS, BY REGION, 2021–2028 (USD TRILLION)        84

TABLE 20             SYNTACTIC FOAM MARKET, BY PRODUCT TYPE, 2023–2030 (USD THOUSAND)      88

TABLE 21             SYNTACTIC FOAM MARKET, BY PRODUCT TYPE, 2023–2030 (TON)               88

TABLE 22              SYNTACTIC FOAM MARKET, BY MATRIX TYPE, 2023–2030 (USD THOUSAND)      91

TABLE 23              SYNTACTIC FOAM MARKET, BY MATRIX TYPE, 2023–2030 (TON)               92

TABLE 24              SYNTACTIC FOAM MARKET, BY FILLER TYPE, 2023–2030 (USD THOUSAND)      95

TABLE 25              SYNTACTIC FOAM MARKET, BY FILLER TYPE, 2023–2030 (TON)               95

TABLE 26              SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND) 99

TABLE 27              SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)          99

TABLE 28              SYNTACTIC FOAM MARKET, BY CHEMISTRY, 2023–2030 (USD THOUSAND)      102

TABLE 29              SYNTACTIC FOAM MARKET, BY CHEMISTRY, 2023–2030 (TON)               102

TABLE 30              SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (USD THOUSAND)               106

TABLE 31              SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)       107

TABLE 32              SYNTACTIC FOAM MARKET, BY REGION, 2023–2030 (USD THOUSAND) 113

TABLE 33              SYNTACTIC FOAM MARKET, BY REGION, 2023–2030 (TON)          113

TABLE 34              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY COUNTRY,

2023–2030 (USD THOUSAND)      115

TABLE 35              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY COUNTRY, 2023–2030 (TON) 115

TABLE 36              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      115

TABLE 37              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)          115

TABLE 38              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      116

TABLE 39              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               116

TABLE 40              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY FILLER TYPE,

2023–2030 (USD THOUSAND)      116

TABLE 41              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY FILLER TYPE, 2023–2030 (TON)             117

TABLE 42              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE,

2023–2030 (USD THOUSAND)      117

TABLE 43              NORTH AMERICA: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE,

2023–2030 (TON)               117

TABLE 44              US: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND) 118

TABLE 45              US: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)          118

TABLE 46              US: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      119

TABLE 47              US: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,2023–2030 (TON)        119

TABLE 48             CANADA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      120

TABLE 49             CANADA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               120

TABLE 50              CANADA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      120

TABLE 51              CANADA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)              121

TABLE 52              MEXICO: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      122

TABLE 53              MEXICO: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               122

TABLE 54              MEXICO: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      122

TABLE 55              MEXICO: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)              123

TABLE 56              EUROPE: SYNTACTIC FOAM MARKET, BY COUNTRY, 2023–2030 (USD THOUSAND)               124

TABLE 57              EUROPE: SYNTACTIC FOAM MARKET, BY COUNTRY, 2023–2030 (TON)        125

TABLE 58              EUROPE: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      125

TABLE 59              EUROPE: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               125

TABLE 60              EUROPE: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      126

TABLE 61              EUROPE: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)              126

TABLE 62              EUROPE: SYNTACTIC FOAM MARKET, BY FILLER TYPE,

2023–2030 (USD THOUSAND)      126

TABLE 63              EUROPE: SYNTACTIC FOAM MARKET, BY FILLER TYPE, 2023–2030 (TON)   127

TABLE 64              EUROPE: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE,

2023–2030 (USD THOUSAND)      127

TABLE 65              EUROPE: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE, 2023–2030 (TON)            127

TABLE 66              GERMANY: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)        128

TABLE 67              GERMANY: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON) 128

TABLE 68              GERMANY: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      129

TABLE 69              GERMANY: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)   129

TABLE 70              FRANCE: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      130

TABLE 71              FRANCE: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               130

TABLE 72              FRANCE: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      131

TABLE 73              FRANCE: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)              131

TABLE 74              UK: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND) 132

TABLE 75              UK: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)          132

TABLE 76              UK: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      133

TABLE 77              UK: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)       133

TABLE 78              ITALY: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      134

TABLE 79              ITALY: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               134

TABLE 80              ITALY: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      134

TABLE 81              ITALY: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)       135

TABLE 82              SPAIN: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      136

TABLE 83              SPAIN: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               136

TABLE 84              SPAIN: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      136

TABLE 85              SPAIN: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)       137

TABLE 86              RUSSIA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      138

TABLE 87              RUSSIA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               138

TABLE 88              RUSSIA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      138

TABLE 89              RUSSIA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)              139

TABLE 90              REST OF EUROPE: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      139

TABLE 91              REST OF EUROPE: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)          140

TABLE 92              REST OF EUROPE: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      140

TABLE 93              REST OF EUROPE: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               140

TABLE 94              ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY COUNTRY,

2023–2030 (USD THOUSAND)      141

TABLE 95              ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY COUNTRY, 2023–2030 (TON)        141

TABLE 96              ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)        142

TABLE 97              ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON) 142

TABLE 98              ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      142

TABLE 99              ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               143

TABLE 100            ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY FILLER TYPE,

2023–2030 (USD THOUSAND)      143

TABLE 101            ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY FILLER TYPE, 2023–2030 (TON)   143

TABLE 102            ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE,

2023–2030 (USD THOUSAND)      144

TABLE 103            ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE, 2023–2030 (TON)            144

TABLE 104            CHINA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      145

TABLE 105            CHINA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               145

TABLE 106            CHINA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      146

TABLE 107            CHINA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)              146

TABLE 108            INDIA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      147

TABLE 109            INDIA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               148

TABLE 110            INDIA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      148

TABLE 111            INDIA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)       148

TABLE 112            JAPAN: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      149

TABLE 113            JAPAN: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               150

TABLE 114            JAPAN: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      150

TABLE 115            JAPAN: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)              150

TABLE 116            SOUTH KOREA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      151

TABLE 117            SOUTH KOREA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON) 151

TABLE 118            SOUTH KOREA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      152

TABLE 119            SOUTH KOREA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               152

TABLE 120            REST OF ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      153

TABLE 121            REST OF ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)      153

TABLE 122            REST OF ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      154

TABLE 123            REST OF ASIA PACIFIC: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               154

TABLE 124            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY COUNTRY,

2023–2030 (USD THOUSAND)      155

TABLE 125            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY COUNTRY,

2023–2030 (TON)               155

TABLE 126            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      155

TABLE 127            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)      156

TABLE 128            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (USD THOUSAND)                 156

TABLE 129            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)         156

TABLE 130            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY FILLER TYPE,

2023–2030 (USD THOUSAND)      157

TABLE 131            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY FILLER TYPE,

2023–2030 (TON)               157

TABLE 132            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE,

2023–2030 (USD THOUSAND)      157

TABLE 133            MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE,

2023–2030 (TON)               157

TABLE 134            GCC COUNTRIES: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      158

TABLE 135            GCC COUNTRIES: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)          158

TABLE 136            GCC COUNTRIES: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      159

TABLE 137            GCC COUNTRIES: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               159

TABLE 138            UAE: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      160

TABLE 139            UAE: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               160

TABLE 140            UAE: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      161

TABLE 141            UAE: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)       161

TABLE 142            SAUDI ARABIA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      162

TABLE 143            SAUDI ARABIA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON) 162

TABLE 144            SAUDI ARABIA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      163

TABLE 145            SAUDI ARABIA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               163

TABLE 146            REST OF GCC COUNTRIES: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      164

TABLE 147            REST OF GCC COUNTRIES: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (TON)               164

TABLE 148            REST OF GCC COUNTRIES: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (USD THOUSAND)                 164

TABLE 149            REST OF GCC COUNTRIES: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)         165

TABLE 150            SOUTH AFRICA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      166

TABLE 151            SOUTH AFRICA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON) 166

TABLE 152            SOUTH AFRICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      166

TABLE 153            SOUTH AFRICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               167

TABLE 154            REST OF MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      167

TABLE 155            REST OF MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (TON)               168

TABLE 156            REST OF MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (USD THOUSAND)      168

TABLE 157            REST OF MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)                 168

TABLE 158            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY COUNTRY,

2023–2030 (USD THOUSAND)      169

TABLE 159            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY COUNTRY, 2023–2030 (TON) 169

TABLE 160            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      169

TABLE 161            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)          170

TABLE 162            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      170

TABLE 163            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               170

TABLE 164            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY FILLER TYPE,

2023–2030 (USD THOUSAND)      171

TABLE 165            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY FILLER TYPE, 2023–2030 (TON)             171

TABLE 166            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE,

2023–2030 (USD THOUSAND)      171

TABLE 167            SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY PRODUCT TYPE,

2023–2030 (TON)               171

TABLE 168            BRAZIL: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)      172

TABLE 169            BRAZIL: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON)               172

TABLE 170            BRAZIL: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      173

TABLE 171            BRAZIL: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)              173

TABLE 172            ARGENTINA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (USD THOUSAND)        174

TABLE 173            ARGENTINA: SYNTACTIC FOAM MARKET, BY FORM, 2023–2030 (TON) 174

TABLE 174            ARGENTINA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (USD THOUSAND)      174

TABLE 175            ARGENTINA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY,

2023–2030 (TON)               175

TABLE 176            REST OF SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (USD THOUSAND)      175

TABLE 177            REST OF SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY FORM,

2023–2030 (TON)               176

TABLE 178            REST OF SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (USD THOUSAND)                 176

TABLE 179            REST OF SOUTH AMERICA: SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY, 2023–2030 (TON)         176

TABLE 180            SYNTACTIC FOAM MARKET: OVERVIEW OF STRATEGIES ADOPTED BY MARKET PLAYERS BETWEEN JANUARY 2021 AND MARCH 2025                177

TABLE 181            SYNTACTIC FOAM MARKET: DEGREE OF COMPETITION 180

TABLE 182            SYNTACTIC FOAM MARKET: REGION FOOTPRINT       184

TABLE 183            SYNTACTIC FOAM MARKET: PRODUCT TYPE FOOTPRINT       185

TABLE 184            SYNTACTIC FOAM MARKET: MATRIX TYPE FOOTPRINT       185

TABLE 185            SYNTACTIC FOAM MARKET: FILLER TYPE FOOTPRINT       186

TABLE 186            SYNTACTIC FORM MARKET: FORM FOOTPRINT                 186

TABLE 187            SYNTACTIC FOAM MARKET: CHEMISTRY FOOTPRINT       187

TABLE 188            SYNTACTIC FOAM MARKET: END-USE INDUSTRY FOOTPRINT 187

TABLE 189            SYNTACTIC FOAM MARKET: DETAILED LIST OF KEY STARTUPS/SMES    190

TABLE 190            SYNTACTIC FOAM MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES (1/1)   191

TABLE 191            SYNTACTIC FOAM MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES (1/2)   192

TABLE 192            SYNTACTIC FOAM MARKET: DEALS, JANUARY 2021–MARCH 2025             193

TABLE 193            SYNTACTIC FOAM MARKET: EXPANSIONS, JANUARY 2021–MARCH 2025         194

TABLE 194            SYNTACTIC FOAM MARKET: OTHERS, JANUARY 2021–MARCH 2025             195

TABLE 195            AKZONOBEL N.V.: COMPANY OVERVIEW                 196

TABLE 196            AKZONOBEL N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    197

TABLE 197            AKZONOBEL N.V.: DEALS, JANUARY 2021–MARCH 2025       198

TABLE 198            AKZONOBEL N.V.: EXPANSIONS, JANUARY 2021−MARCH 2025           198

TABLE 199            ALCEN: COMPANY OVERVIEW   200

TABLE 200            ALCEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED             200

TABLE 201            TRELLEBORG AB: COMPANY OVERVIEW                 202

TABLE 202            TRELLEBORG AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED    203

TABLE 203            TRELLEBORG AB: EXPANSIONS, JANUARY 2021−MARCH 2025           204

TABLE 204            RESINEX TRADING S.R.L.: COMPANY OVERVIEW                 206

TABLE 205            RESINEX TRADING S.R.L.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    206

TABLE 206            RESINEX TRADING S.R.L.: DEALS, JANUARY 2021–MARCH 2025             207

TABLE 207            ESCO TECHNOLOGIES INC.: COMPANY OVERVIEW          209

TABLE 208            ESCO TECHNOLOGIES INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    210

TABLE 209            ESCO TECHNOLOGIES INC.: EXPANSIONS, JANUARY 2021−MARCH 2025       211

TABLE 210            MATRIX COMPOSITES & ENGINEERING: COMPANY OVERVIEW   213

TABLE 211            MATRIX COMPOSITES & ENGINEERING: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        214

TABLE 212            MATRIX COMPOSITES & ENGINEERING: DEALS, JANUARY 2021–MARCH 2025         215

TABLE 213            MATRIX COMPOSITES & ENGINEERING: OTHERS, JANUARY 2021–MARCH 2025     216

TABLE 214            DIAB GROUP: COMPANY OVERVIEW      217

TABLE 215            DIAB GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    217

TABLE 216            DIAB GROUP: DEALS, JANUARY 2021–MARCH 2025        217

TABLE 217            PPG INDUSTRIES, INC.: COMPANY OVERVIEW                 219

TABLE 218            PPG INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    220

TABLE 219            DEEPWATER BUOYANCY, INC.: COMPANY OVERVIEW          222

TABLE 220            DEEPWATER BUOYANCY, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    222

TABLE 221            DEEPWATER BUOYANCY, INC.: DEALS, JANUARY 2021–MARCH 2025         223

TABLE 222            DEEPWATER BUOYANCY, INC.: OTHERS, JANUARY 2021–MARCH 2025         224

TABLE 223            BALMORAL GROUP: COMPANY OVERVIEW                 225

TABLE 224            BALMORAL GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    225

TABLE 225            BALMORAL GROUP: OTHERS, JANUARY 2021–MARCH 2025       226

TABLE 226            ACOUSTIC POLYMERS LTD: COMPANY OVERVIEW          228

TABLE 227            TAIZHOU CBM-FUTURE NEW MATERIALS S&T CO., LTD.: COMPANY OVERVIEW              229

TABLE 228            PRECISION ACOUSTICS LTD.: COMPANY OVERVIEW          230

TABLE 229            ORIENTAL OCEAN TECH.: COMPANY OVERVIEW          231

TABLE 230            AIS: COMPANY OVERVIEW           232

TABLE 231            SYNFOAM: COMPANY OVERVIEW             233

TABLE 232            COCOBUOYANCY: COMPANY OVERVIEW                 234

TABLE 233            F-TEC PTY LTD: COMPANY OVERVIEW 235

TABLE 234            BASE MATERIALS LTD: COMPANY OVERVIEW                 236

TABLE 235            NUCLEAD MANUFACTURING CO INC: COMPANY OVERVIEW   237

TABLE 236            THERMAL MITIGATION TECHNOLOGIES, LLC.: COMPANY OVERVIEW   238

TABLE 237            CGP EUROPE: COMPANY OVERVIEW      239

TABLE 238            RIZHAO FLOAT NEW MATERIALS CO., LTD: COMPANY OVERVIEW   240

TABLE 239          QINGDAO DOOWIN MARINE ENGINEERING CO., LTD: COMPANY OVERVIEW        241

TABLE 240            COMPOSITES MARKET, BY MANUFACTURING PROCESS,

2020–2022 (USD MILLION)            243

TABLE 241            COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2020–2022 (KILOTON)                243

TABLE 242            COMPOSITES MARKET, BY MANUFACTURING PROCESS,

2023–2028 (USD MILLION)            243

TABLE 243            COMPOSITES MARKET, BY MANUFACTURING PROCESS, 2023–2028 (KILOTON)                244

TABLE 244            COMPOSITES MARKET, BY FIBER TYPE, 2020–2022 (USD MILLION)       244

TABLE 245            COMPOSITES MARKET, BY FIBER TYPE, 2020–2022 (KILOTON)                244

TABLE 246            COMPOSITES MARKET, BY FIBER TYPE, 2023–2028 (USD MILLION)       245

TABLE 247            COMPOSITES MARKET, BY FIBER TYPE, 2023–2028 (KILOTON)                245

TABLE 248            COMPOSITES MARKET, BY RESIN TYPE, 2020–2022 (USD MILLION)       245

TABLE 249            COMPOSITES MARKET, BY RESIN TYPE, 2020–2022 (KILOTON)                246

TABLE 250            COMPOSITES MARKET, BY RESIN TYPE, 2023–2028 (USD MILLION)       246

TABLE 251            COMPOSITES MARKET, BY RESIN TYPE, 2023–2028 (KILOTON)                246

TABLE 252            COMPOSITES MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)            247

TABLE 253            COMPOSITES MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)     247

TABLE 254            COMPOSITES MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)            248

TABLE 255            COMPOSITES MARKET, BY END-USE INDUSTRY, 2023–2028 (KILOTON)     248

TABLE 256            COMPOSITES MARKET, BY REGION, 2020–2022 (USD MILLION) 249

TABLE 257            COMPOSITES MARKET, BY REGION, 2020–2022 (KILOTON)         249

TABLE 258            COMPOSITES MARKET, BY REGION, 2023–2028 (USD MILLION) 249

TABLE 259            COMPOSITES MARKET, BY REGION, 2023–2028 (KILOTON)         250

LIST OF FIGURES

FIGURE 1              SYNTACTIC FOAM MARKET: RESEARCH DESIGN                 31

FIGURE 2              MARKET SIZE ESTIMATION: TOP-DOWN APPROACH         35

FIGURE 3              MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH         35

FIGURE 4              SYNTACTIC FOAM MARKET: APPROACH 1                 36

FIGURE 5              SYNTACTIC FOAM MARKET: DATA TRIANGULATION             37

FIGURE 6              MICRO-SPHERE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    40

FIGURE 7              POLYMER MATRIX SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    41

FIGURE 8              GLASS SEGMENT TO DOMINATE MARKET IN 2030        41

FIGURE 9              BLOCK SEGMENT TO DOMINATE MARKET IN 2030        42

FIGURE 10            EPOXY SEGMENT TO DOMINATE MARKET IN 2030        42

FIGURE 11            MARINE & SUBSEA SEGMENT TO DOMINATE MARKET IN 2030                43

FIGURE 12            NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF SYNTACTIC

FOAM MARKET IN 2024  44

FIGURE 13            INCREASING OFFSHORE OIL & GAS PRODUCTION AND OCEANOGRAPHIC ACTIVITIES TO DRIVE MARKET               45

FIGURE 14            MICRO-SPHERE TO REGISTER HIGHER GROWTH DURING FORECAST PERIOD  45

FIGURE 15            POLYMER MATRIX SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    46

FIGURE 16            GLASS SEGMENT TO DOMINATE MARKET IN 2030        46

FIGURE 17            BLOCK SEGMENT TO LEAD MARKET IN 2030                 47

FIGURE 18            EPOXY SEGMENT TO DOMINATE MARKET IN 2030        47

FIGURE 19            MARINE & SUBSEA SEGMENT TO REGISTER FASTEST GROWTH

BETWEEN 2025 AND 2030               48

FIGURE 20            BLOCK SEGMENT ACCOUNTED FOR LARGER SHARE OF NORTH AMERICA

MARKET IN 2024                48

FIGURE 21            INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD         49

FIGURE 22            SYNTACTIC FOAM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          50

FIGURE 23            NEW OIL AND GAS PRODUCTION DATA FROM OFFSHORE AND

ONSHORE FIELDS, 2024 51

FIGURE 24            CHANGES IN DEMAND FOR NATURAL GAS                 53

FIGURE 25            TRENDS/DISRUPTIONS IMPACTING CUSTOMERS BUSINESSES            57

FIGURE 26            SYNTACTIC FOAM MARKET: ECOSYSTEM ANALYSIS            58

FIGURE 27            SYNTACTIC FOAM MARKET: VALUE CHAIN ANALYSIS            59

FIGURE 28            AVERAGE SELLING PRICE TREND OF SYNTACTIC FOAM PROVIDED

BY KEY PLAYERS, BY FILLER TYPE, 2024 65

FIGURE 29            AVERAGE SELLING PRICE TREND OF SYNTACTIC FOAM, BY REGION,

2023–2026 (USD/KG)        66

FIGURE 30            IMPORT DATA FOR HS CODE 701820-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            67

FIGURE 31            EXPORT DATA FOR HS CODE 701820-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            68

FIGURE 32            IMPORT DATA FOR HS CODE 390730-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            69

FIGURE 33            EXPORT DATA FOR HS CODE 390730-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            70

FIGURE 34            PATENTS APPLIED AND GRANTED, 2013–2024                 73

FIGURE 35            JURISDICTION ANALYSIS, 2013–2024         73

FIGURE 36            IMPACT OF AI ON SYNTACTIC FOAM MARKET                 79

FIGURE 37            SYNTACTIC FOAM MARKET: PORTER’S FIVE FORCES ANALYSIS           80

FIGURE 38            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE

END-USE INDUSTRIES   82

FIGURE 39            KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              83

FIGURE 40            MCIRO-SPHERE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    88

FIGURE 41            POLYMER MATRIX SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    91

FIGURE 42            GLASS MICRO-SPHERES SEGMENT TO DOMINATE MARKET DURING

FORECAST PERIOD         95

FIGURE 43            BLOCKS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       99

FIGURE 44            EPOXY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       102

FIGURE 45            MARINE & SUBSEA SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    106

FIGURE 46            AIRCRAFT SHIPMENTS IN 2024   108

FIGURE 47            INDIA TO BE FASTEST-GROWING MARKET FROM 2025 TO 2030          112

FIGURE 48            NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF SYNTACTIC FOAM MARKET DURING FORECAST PERIOD                113

FIGURE 49            NORTH AMERICA: SYNTACTIC FOAM MARKET SNAPSHOT          114

FIGURE 50            EUROPE: SYNTACTIC FOAM MARKET SNAPSHOT          124

FIGURE 51            SYNTACTIC FOAM MARKET SHARE ANALYSIS, 2024        179

FIGURE 52            SYNTACTIC FOAM MARKET: PRODUCT COMPARISON   182

FIGURE 53           COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023        183

FIGURE 54            SYNTACTIC FOAM MARKET: COMPANY FOOTPRINT       184

FIGURE 55            COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023   189

FIGURE 56            AKZONOBEL N.V.: COMPANY SNAPSHOT                 197

FIGURE 57            TRELLEBORG AB: COMPANY SNAPSHOT                 203

FIGURE 58            ESCO TECHNOLOGIES INC.: COMPANY SNAPSHOT          210

FIGURE 59            MATRIX COMPOSITES & ENGINEERING: COMPANY SNAPSHOT   214

FIGURE 60            PPG INDUSTRIES, INC.: COMPANY SNAPSHOT                 220