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Global Syntactic Foam market to reach USD 188.3 billion by 2027.

Global Syntactic Foam Market Size study, by Product Type (Macro-Sphere, Micro-Sphere) by Matrix Type (Metal Matrix, Polymer Matrix, Ceramic Matrix), by Chemistry (Epoxy, Others), and Regional Forecasts 2020-2027

Product Code: CAMCAC_74841811
Publish Date: 28-11-2020
Page: 200

Global Syntactic Foam market is valued at approximately USD 125.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2020-2027. Syntactic Foams are composite materials that are synthesized along with hollow spheres by filling matrix materials. Matrix materials include metal matrix, polymer matrix and ceramic matrix, while cenospheres, micro balloons, and many others are found in hollow spheres. The addition of these hollow particles results in enhanced foam properties, such as lower density, higher specific strength, lower thermal expansion coefficient, and, in some cases, radar or ultrasonic transparency. The properties of these foams depend largely on the nature of the materials of the matrix. During the forecast period, factors such as growing deep-water oil and gas production, especially in the Gulf of Mexico and the North Sea, improved profitability of deep water and ultra-deep water projects and tightening the supply-demand gap are expected to drive the market Because of the forthcoming deepwater exploration and production projects in countries such as Brazil, Guyana, Nigeria, and others, deepwater oil and gas projects are expected to increase in the coming years. Global deepwater investment has risen from 2014 to 2018 and regions such as Brazil, the U.S. Gulf of Mexico (GoM), Norway, Angola, and Nigeria account for a substantial amount of this capital expenditure, respectively, with the highest regional growth projected for West Africa. Together, Brazil and the United States accounted for more than 90% of ultra-deepwater production worldwide in 2018. Brazil is a world leader in the development of deepwater and ultra-deepwater projects, according to the EIA. By 2025, the Santos basin in Brazil and the Stabroek block in Guyana will add more than 2.5 million barrels per day of oil production. The change in government policies in recent years, such as liberal policies is expected to increase the market growth. However, Crude oil price fluctuations have a direct effect on the number of oil and gas projects, resulting in project shelving or delays, it may impede market growth over the forecast period of 2020-2027.

The regional analysis of the global Syntactic Foam market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to factors such as the increasingly growing use of syntactic foam in the marine and subsea and sports and leisure industries have resulted in increased demand in the North American area for syntactic foam. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to rising industries regarding synthetic foam across APAC.
Major market player included in this report are:

Engineered Syntactic Systems
Diab International AB
Deepwater Buoyanc
CMT Materials
Advanced Insulation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

By Matrix Type:
Metal Matrix
Polymer Matrix
Ceramic Matrix
By Chemistry:

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.

Target Audience of the Global Syntactic Foam market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Syntactic Foam Market, by Region, 2018-2027 (USD Million)
1.2.2. Syntactic Foam Market, by Product Type, 2018-2027 (USD Million)
1.2.3. Syntactic Foam Market, by Matrix Type, 2018-2027 (USD Million)
1.2.4. Syntactic Foam Market, by Chemistry, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Syntactic Foam Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Processing Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Syntactic Foam Market Dynamics
3.1. Syntactic Foam Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Syntactic Foam Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Syntactic Foam Market, by Product Type
5.1. Market Snapshot
5.2. Global Syntactic Foam Market by Product Type, Performance – Potential Analysis
5.3. Global Syntactic Foam Market Estimates & Forecasts by Product Type 2017-2027 (USD Million)
5.4. Syntactic Foam Market, Sub Segment Analysis
5.4.1. Macro-Sphere
5.4.2. Micro-Sphere
Chapter 6. Global Syntactic Foam Market, by Matrix Type
6.1. Market Snapshot
6.2. Global Syntactic Foam Market by Matrix Type, Performance – Potential Analysis
6.3. Global Syntactic Foam Market Estimates & Forecasts by Matrix Type 2017-2027 (USD Million)
6.4. Syntactic Foam Market, Sub Segment Analysis
6.4.1. Metal Matrix
6.4.2. Polymer Matrix
6.4.3. Ceramic Matrix
Chapter 7. Global Syntactic Foam Market, by Chemistry
7.1. Market Snapshot
7.2. Global Syntactic Foam Market by Chemistry, Performance – Potential Analysis
7.3. Global Syntactic Foam Market Estimates & Forecasts by Chemistry 2017-2027 (USD Million)
7.4. Syntactic Foam Market, Sub Segment Analysis
7.4.1. Epoxy
7.4.2. Others
Chapter 8. Global Syntactic Foam Market, Regional Analysis
8.1. Syntactic Foam Market, Regional Market Snapshot
8.2. North America Syntactic Foam Market
8.2.1. U.S. Syntactic Foam Market Product Type breakdown estimates & forecasts, 2017-2027 Matrix Type breakdown estimates & forecasts, 2017-2027 Chemistry breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Syntactic Foam Market
8.3. Europe Syntactic Foam Market Snapshot
8.3.1. U.K. Syntactic Foam Market
8.3.2. Germany Syntactic Foam Market
8.3.3. France Syntactic Foam Market
8.3.4. Spain Syntactic Foam Market
8.3.5. Italy Syntactic Foam Market
8.3.6. Rest of Europe Syntactic Foam Market
8.4. Asia-Pacific Syntactic Foam Market Snapshot
8.4.1. China Syntactic Foam Market
8.4.2. India Syntactic Foam Market
8.4.3. Japan Syntactic Foam Market
8.4.4. Australia Syntactic Foam Market
8.4.5. South Korea Syntactic Foam Market
8.4.6. Rest of Asia Pacific Syntactic Foam Market
8.5. Latin America Syntactic Foam Market Snapshot
8.5.1. Brazil Syntactic Foam Market
8.5.2. Mexico Syntactic Foam Market
8.6. Rest of The World Syntactic Foam Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.3. Trelleborg AB Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Engineered Syntactic Systems
9.3.3. Diab International AB
9.3.4. SynFoam
9.3.5. Floatex
9.3.7. Deepwater Buoyanc
9.3.8. CMT Materials
9.3.9. Advanced Insulation
9.3.10. FTI (Fiba Tech Industries)

Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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