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Dublin, Jan. 27, 2021 (GLOBE NEWSWIRE) -- The "Global Syntactic Foam Market by Product Type, Matrix Type (Metal, Polymer, Ceramic), Chemistry, Form (Sheet & Rod, Blocks), Application (Marine & Subsea, Automotive & Transportation, Aerospace & Defense, Sports & Leisure) and Region - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The Global Syntactic Foam Market is estimated to be USD 132 million in 2020 and is projected to reach USD 169 million by 2025, at a CAGR of 5.2% from 2020 to 2025.Syntactic foam finds applications in various end-use industries such as marine & subsea, aerospace & defense, automotive & transportation, sports & leisure, and others due to its unique properties. The marine & subsea segment led the syntactic foam market in 2019, accounting for a share of 54% in terms of value.Sports & Leisure is expected to be the fastest-growing material in the Syntactic foam market during the forecast periodSports & Leisure is the fastest-growing application segment in the syntactic foam market. The growth is due to the emerging sports industry based on syntactic foams, including soccer balls, snow skies, and tennis rackets. These industries together accounted for about 8.1% share of the total market for syntactic foam in 2019 and a CAGR of 5.5% for the forecasted period.North America is the largest market for Syntactic foamNorth America is the largest and fastest-growing market of syntactic foam, with US being the major emerging market. The growth can be attributed to the rapidly increasing demand for syntactic foam from the marine & subsea industries. US is a major manufacturer of syntactic foam and had the highest consumption of syntactic foam. It accounted for a share of about 37.07% of the syntactic foam market, in terms of volume, in 2019.Research CoverageThe report covers the syntactic foam market based on product type, matrix type, chemistry, form, application, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types.The syntactic foam market comprises major solution providers, such as ALSEAMAR (France), Trelleborg AB (Sweden), Diab (Sweden), Deepwater Buoyancy (New England), and CMT Materials (US), among others. The study includes an in-depth competitive analysis of these key players in the syntactic foam market, with their company profiles and key market strategies. Key Benefits of Buying the Report Comprehensive coverage and analysis of the syntactic foam market in Asia-Pacific, Europe, North America, South America, and Middle East & AfricaCompetitive landscape of major players and their developments in syntactic foam marketIdentifying high-potential opportunities for syntactic foamIdentifying and targeting high-growth application segments Key Topics Covered 1 Introduction2 Research Methodology3 Executive Summary4 Premium Insights4.1 Attractive Opportunities in Syntactic Foam Market4.2 Syntactic Foam Market, by Region4.3 North America: Syntactic Foam Market, by Country and End-use Industry4.4 Syntactic Foam Market: by Major Countries5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Increasing Deep Water & Ultra-Deep Water Activities5.2.1.2 Cost Optimization in Offshore Oil & Gas Projects5.2.2 Restraints5.2.2.1 Fluctuation in Crude Oil Prices5.2.3 Opportunities5.2.3.1 Increasing Use of Hybrid Syntactic Foams5.2.4 Challenges5.2.4.1 Transportation and Logistics Costs5.3 Porter's Five Forces Analysis5.3.1 Bargaining Power of Suppliers5.3.2 Threat of New Entrants5.3.3 Threat of Substitutes5.3.4 Bargaining Power of Buyers5.3.5 Rivalry Among Existing Players5.4 Value Chain Analysis5.4.1 Impact of COVID-19 on Supply Chain5.5 Trade Analysis5.6 Market Map5.7 Pricing Analysis5.8 Technology Analysis5.9 Case Study Analysis5.10 Patent Analysis5.11 Policy & Regulations5.11.1 International Traffic in Arms Regulations5.11.2 Reach5.11.3 International Maritime Organization5.11.4 OSPAR5.12 Macroeconomic Indicators5.12.1 Trends and Forecast of GDP5.12.2 Production Statistics of Automotive Industry, 20196 Syntactic Foam Market, by Product Type6.1 Introduction6.2 Macro-Sphere6.2.1 Subsea & Deep Water Buoyancy Application to Drive the Demand6.3 Micro-Sphere6.3.1 Increased Demand from Various End-Use Industries to Boost the Market7 Syntactic Foam Market, by Matrix Type7.1 Introduction7.2 Metal Matrix7.2.1 Excellent Mechanical and Thermal Properties to Drive the Demand7.3 Polymer Matrix7.3.1 Increased Demand from Subsea Industry to Boost the Market7.4 Ceramic Matrix7.4.1 Can Resist Harsh Environmental Conditions8 Syntactic Foam Market, by Form8.1 Introduction8.2 Block8.2.1 Unique Customizable Properties of Blocks to Drive the Demand8.3 Sheet & Rod8.3.1 Lightweight, Durable, and Cost-Effective Alternative to Wood, Felt, and Aluminum9 Syntactic Foam Market, by Chemistry9.1 Introduction9.2 Epoxy9.2.1 Rising Deep Water & Ultra-Deep Water Projects Driving the Demand for Epoxy-Based Syntactic Foams9.3 Others10 Syntactic Foam Market, by End-Use Industry10.1 Introduction10.2 Marine & Subsea10.2.1 Rising Deep Water & Ultra-Deep Water Activities to Drive the Market10.3 Aerospace & Defense10.3.1 Demand for Syntactic Foam in this Industry Witnessing Moderate Growth10.4 Sports & Leisure10.4.1 Market in this Industry to Witness Highest Growth10.5 Automotive & Transportation10.5.1 Growing Automotive Industry in APAC and Europe to Boost the Market10.6 Others11 Syntactic Foam Market, by Region11.1 Introduction11.2 North America11.3 Europe11.4 APAC11.5 Middle East & Africa11.6 South America12 Competitive Landscape12.1 Overview12.2 Market Share Analysis12.3 Market Evaluation Framework12.4 Company Evaluation Quadrant12.5 Business Strategy Excellence12.6 Competitive Scenario13 Company Profiles13.1 ALSEAMAR13.2 Trelleborg AB13.3 Resinex13.4 Diab Group13.5 Engineered Syntactic Systems13.6 CMT Materials13.7 Cuming Microwave Corporation13.8 Deepwater Buoyancy13.9 Balmoral13.10 Acoustic Polymer Ltd.13.11 Other Company Profiles13.11.1 AFGlobal13.11.2 Forum Energy Technologies Inc.13.11.3 CBM International13.11.4 Synfoam13.11.5 Matrix Composites & Engineering For more information about this report visit https://www.researchandmarkets.com/r/c9jlmh Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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