Table of Content

1 INTRODUCTION 27
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.2.1 SCOPE OF THE REPORT 28
1.3 MARKET SCOPE 28
1.3.1 SYNTACTIC FOAM MARKET SEGMENTATION 28
1.3.2 REGIONS COVERED 29
1.3.3 YEARS CONSIDERED FOR THE STUDY 29
1.4 CURRENCY 30
1.5 UNIT CONSIDERED 30
1.6 LIMITATIONS 30
1.7 STAKEHOLDERS 30

2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
2.1.1 SECONDARY DATA 31
2.1.1.1 Critical secondary inputs 31
2.1.1.2 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
2.1.2.1 Critical primary inputs 32
2.1.2.2 Key data from primary sources 33
2.1.2.3 Breakdown of primary interviews 33
2.2 BASE NUMBER CALCULATION APPROACH 34
2.2.1 ESTIMATION OF SYNTACTIC FOAM MARKET SIZE BASED ON MARKET
SHARE ANALYSIS 34
FIGURE 1 MARKET SIZE ESTIMATION: SUPPLY-SIDE ANALYSIS 34
2.3 MARKET SIZE ESTIMATION 34
2.3.1 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 35
2.3.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 35
2.4 DATA TRIANGULATION 36
FIGURE 2 SYNTACTIC FOAM MARKET: DATA TRIANGULATION 36
2.5 ASSUMPTIONS 37

3 EXECUTIVE SUMMARY 38
FIGURE 3 MICRO-SPHERE DOMINATES THE SYNTACTIC FOAM MARKET 39
FIGURE 4 POLYMER MATRIX LEADS THE SYNTACTIC FOAM MARKET 39
FIGURE 5 EPOXY TO BE THE FASTER-GROWING SEGMENT IN SYNTACTIC FOAM MARKET 39
FIGURE 6 BLOCK SEGMENT TO DOMINATE THE SYNTACTIC FOAM MARKET 40
FIGURE 7 MARINE & SUBSEA END-USE INDUSTRY TO LEAD THE MARKET 40
FIGURE 8 NORTH AMERICA LED THE SYNTACTIC FOAM MARKET IN 2019 41

4 PREMIUM INSIGHTS 42
4.1 ATTRACTIVE OPPORTUNITIES IN SYNTACTIC FOAM MARKET 42
FIGURE 9 GROWING USE OF SYNTACTIC FOAM IN END-USE INDUSTRIES
TO DRIVE THE MARKET 42
4.2 SYNTACTIC FOAM MARKET, BY REGION 42
FIGURE 10 NORTH AMERICA TO BE THE LARGEST MARKET BETWEEN 2020 AND 2025 42
4.3 NORTH AMERICA: SYNTACTIC FOAM MARKET, BY COUNTRY AND END-USE INDUSTRY 43
FIGURE 11 US AND MARINE & SUBSEA SEGMENT ACCOUNTED FOR LARGEST SHARES 43
4.4 SYNTACTIC FOAM MARKET: BY MAJOR COUNTRIES 43
FIGURE 12 CHINA TO BE THE FASTEST-GROWING MARKET BETWEEN 2020 AND 2025 43

5 MARKET OVERVIEW 44
5.1 INTRODUCTION 44
5.2 MARKET DYNAMICS 44
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
IN SYNTACTIC FOAM MARKET 44
5.2.1 DRIVERS 45
5.2.1.1 Increasing deep water & ultra-deep water activities 45
5.2.1.2 Cost optimization in offshore oil & gas projects 45
5.2.2 RESTRAINTS 45
5.2.2.1 Fluctuation in crude oil prices 45
5.2.3 OPPORTUNITIES 46
5.2.3.1 Increasing use of hybrid syntactic foams 46
5.2.4 CHALLENGES 46
5.2.4.1 Transportation and logistics costs 46
5.3 PORTER’S FIVE FORCES ANALYSIS 47
FIGURE 14 PORTER’S FIVE FORCES ANALYSIS OF SYNTACTIC FOAM MARKET 47
5.3.1 BARGAINING POWER OF SUPPLIERS 47
5.3.2 THREAT OF NEW ENTRANTS 48
5.3.3 THREAT OF SUBSTITUTES 48
5.3.4 BARGAINING POWER OF BUYERS 48
5.3.5 RIVALRY AMONG EXISTING PLAYERS 48
5.4 VALUE CHAIN ANALYSIS 49
FIGURE 15 RAW MATERIAL SUPPLIERS AND MANUFACTURERS ADD MAJOR VALUE
TO SYNTACTIC FOAM 49
5.4.1 IMPACT OF COVID-19 ON SUPPLY CHAIN 50
5.5 TRADE ANALYSIS 50
5.6 MARKET MAP 51
5.7 PRICING ANALYSIS 51
FIGURE 16 AVERAGE SELLING PRICE (2018-2025) 51
FIGURE 17 YC AND YCC SHIFT 52
5.8 TECHNOLOGY ANALYSIS 52
5.9 CASE STUDY ANALYSIS 53
5.10 PATENT ANALYSIS 53
5.11 POLICY & REGULATIONS 56
5.11.1 INTERNATIONAL TRAFFIC IN ARMS REGULATIONS 56
5.11.2 REACH 57
5.11.3 INTERNATIONAL MARITIME ORGANIZATION 57
5.11.4 OSPAR 57
5.12 MACROECONOMIC INDICATORS 58
5.12.1 TRENDS AND FORECAST OF GDP 58
TABLE 1 TRENDS AND FORECAST OF GDP, BY KEY COUNTRY,
2016-2023 (USD MILLION) 58
5.12.2 PRODUCTION STATISTICS OF AUTOMOTIVE INDUSTRY, 2019 59
TABLE 2 PRODUCTION STATISTICS OF AUTOMOBILES 2019 (UNITS) 60

6 SYNTACTIC FOAM MARKET, BY PRODUCT TYPE 61
6.1 INTRODUCTION 62
FIGURE 18 MICRO-SPHERE TO BE THE MOST USED PRODUCT TYPE OF SYNTACTIC
FOAM DURING THE FORECAST PERIOD 62
TABLE 3 SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (USD MILLION) 62
TABLE 4 SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KILOTON) 62
6.2 MACRO-SPHERE 63
6.2.1 SUBSEA & DEEP WATER BUOYANCY APPLICATION TO DRIVE THE DEMAND 63
TABLE 5 MACRO-SPHERE: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 63
TABLE 6 MACRO-SPHERE: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 63
6.3 MICRO-SPHERE 64
6.3.1 INCREASED DEMAND FROM VARIOUS END-USE INDUSTRIES TO
BOOST THE MARKET 64
TABLE 7 MICRO-SPHERE: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 64
TABLE 8 MICRO-SPHERE: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 64

7 SYNTACTIC FOAM MARKET, BY MATRIX TYPE 65
7.1 INTRODUCTION 66
FIGURE 19 POLYMER MATRIX TO BE THE MOST USED MATRIX TYPE DURING THE FORECAST PERIOD 66
TABLE 9 SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (USD MILLION) 66
TABLE 10 SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE, 2018–2025 (KILOTON) 66
_
7.2 METAL MATRIX 67
7.2.1 EXCELLENT MECHANICAL AND THERMAL PROPERTIES TO DRIVE
THE DEMAND 67
TABLE 11 METAL MATRIX: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 67
TABLE 12 METAL MATRIX: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 67
7.3 POLYMER MATRIX 68
7.3.1 INCREASED DEMAND FROM SUBSEA INDUSTRY TO BOOST THE MARKET 68
TABLE 13 POLYMER MATRIX: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 68
TABLE 14 POLYMER MATRIX: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 68
7.4 CERAMIC MATRIX 69
7.4.1 CAN RESIST HARSH ENVIRONMENTAL CONDITIONS 69
TABLE 15 CERAMIC MATRIX: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 69
TABLE 16 CERAMIC MATRIX: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 69

8 SYNTACTIC FOAM MARKET, BY FORM 70
8.1 INTRODUCTION 71
FIGURE 20 BLOCK TO BE THE MOST USED FORM OF SYNTACTIC FOAM DURING
THE FORECAST PERIOD 71
TABLE 17 SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (USD MILLION) 71
TABLE 18 SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 71
8.2 BLOCK 72
8.2.1 UNIQUE CUSTOMIZABLE PROPERTIES OF BLOCKS TO DRIVE THE DEMAND 72
TABLE 19 BLOCK: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 72
TABLE 20 BLOCK: SYNTACTIC FOAM MARKET SIZE, BY REGION, 2018–2025 (KILOTON) 72
8.3 SHEET & ROD 73
8.3.1 LIGHTWEIGHT, DURABLE, AND COST-EFFECTIVE ALTERNATIVE TO WOOD, FELT, AND ALUMINUM 73
TABLE 21 SHEET & ROD: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 73
TABLE 22 SHEET & ROD: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 73
9 SYNTACTIC FOAM MARKET, BY CHEMISTRY 74
9.1 INTRODUCTION 75
FIGURE 21 OTHERS TO BE THE LARGER SEGMENT OF THE MARKET DURING
THE FORECAST PERIOD 75
TABLE 23 SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY, 2018–2025 (USD MILLION) 75
TABLE 24 SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY, 2018–2025 (KILOTON) 75
_
9.2 EPOXY 76
9.2.1 RISING DEEP WATER & ULTRA-DEEP WATER PROJECTS DRIVING
THE DEMAND FOR EPOXY-BASED SYNTACTIC FOAMS 76
TABLE 25 EPOXY: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 76
TABLE 26 EPOXY: SYNTACTIC FOAM MARKET SIZE, BY REGION, 2018–2025 (KILOTON) 76
9.3 OTHERS 77
TABLE 27 OTHERS: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 77
TABLE 28 OTHERS: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 77
10 SYNTACTIC FOAM MARKET, BY END-USE INDUSTRY 78
10.1 INTRODUCTION 79
FIGURE 22 MARINE & SUBSEA INDUSTRY TO DOMINATE THE MARKET DURING
THE FORECAST PERIOD 79
TABLE 29 SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 79
TABLE 30 SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 80
10.2 MARINE & SUBSEA 80
10.2.1 RISING DEEP WATER & ULTRA-DEEP WATER ACTIVITIES TO DRIVE
THE MARKET 80
TABLE 31 MARINE & SUBSEA: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 80
TABLE 32 MARINE & SUBSEA: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 81
10.3 AEROSPACE & DEFENSE 81
10.3.1 DEMAND FOR SYNTACTIC FOAM IN THIS INDUSTRY WITNESSING
MODERATE GROWTH 81
TABLE 33 AEROSPACE & DEFENSE: SYNTACTIC FOAM MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 81
TABLE 34 AEROSPACE & DEFENSE: SYNTACTIC FOAM MARKET SIZE, BY REGION, 2018–2025 (KILOTON) 82
10.4 SPORTS & LEISURE 82
10.4.1 MARKET IN THIS INDUSTRY TO WITNESS HIGHEST GROWTH 82
TABLE 35 SPORTS & LEISURE: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 82
TABLE 36 SPORTS & LEISURE: SYNTACTIC FOAM MARKET SIZE, BY REGION,
2018–2025 (KILOTON) 82
10.5 AUTOMOTIVE & TRANSPORTATION 83
10.5.1 GROWING AUTOMOTIVE INDUSTRY IN APAC AND EUROPE TO BOOST
THE MARKET 83
TABLE 37 AUTOMOTIVE & TRANSPORTATION: SYNTACTIC FOAM MARKET SIZE,
BY REGION, 2018–2025 (USD MILLION) 83
TABLE 38 AUTOMOTIVE & TRANSPORTATION: SYNTACTIC FOAM MARKET SIZE,
BY REGION, 2018–2025 (KILOTON) 83
10.6 OTHERS 84
TABLE 39 OTHER END-USE INDUSTRIES: SYNTACTIC FOAM MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 84
TABLE 40 OTHER END-USE INDUSTRIES: SYNTACTIC FOAM MARKET SIZE, BY REGION, 2018–2025 (KILOTON) 84

11 SYNTACTIC FOAM MARKET, BY REGION 85
11.1 INTRODUCTION 86
FIGURE 23 APAC TO RECORD FASTEST GROWTH DURING THE FORECAST PERIOD 86
TABLE 41 SYNTACTIC FOAM MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 87
TABLE 42 SYNTACTIC FOAM MARKET SIZE, BY REGION, 2018–2025 (KILOTON) 87
11.2 NORTH AMERICA 87
FIGURE 24 NORTH AMERICA: SYNTACTIC FOAM MARKET SNAPSHOT 88
11.2.1 IMPACT OF COVID-19 ON SYNTACTIC FOAM MARKET IN NORTH AMERICA 88
TABLE 43 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 89
TABLE 44 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY,
2018–2025 (KILOTON) 89
TABLE 45 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (USD MILLION) 89
TABLE 46 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (KILOTON) 89
TABLE 47 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (USD MILLION) 90
TABLE 48 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (KILOTON) 90
TABLE 49 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY
2018–2025 (USD MILLION) 90
TABLE 50 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY,
2018–2025 (KILOTON) 90
TABLE 51 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY FORM
2018–2025 (USD MILLION) 91
TABLE 52 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 91
TABLE 53 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 91
TABLE 54 NORTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 91
11.2.2 US 92
11.2.2.1 Dominant market in the region 92
TABLE 55 US: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (USD MILLION) 92
TABLE 56 US: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 92
TABLE 57 US: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 92
TABLE 58 US: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 93
_
11.2.3 MEXICO 93
11.2.3.1 Energy sector witnessing a significant reform 93
TABLE 59 MEXICO: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 93
TABLE 60 MEXICO: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 93
TABLE 61 MEXICO: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 94
TABLE 62 MEXICO: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 94
11.2.4 CANADA 94
11.2.4.1 Growth in offshore oil industry to drive the market 94
TABLE 63 CANADA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 95
TABLE 64 CANADA: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 95
TABLE 65 CANADA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 95
TABLE 66 CANADA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 95
11.3 EUROPE 96
11.3.1 IMPACT OF COVID-19 ON SYNTACTIC FOAM MARKET IN EUROPE 96
FIGURE 25 EUROPE: SYNTACTIC FOAM MARKET SNAPSHOT 97
TABLE 67 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 97
TABLE 68 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY,
2018–2025 (KILOTON) 98
TABLE 69 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (USD MILLION) 98
TABLE 70 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (KILOTON) 98
TABLE 71 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (USD MILLION) 98
TABLE 72 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (KILOTON) 99
TABLE 73 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY,
2018–2025 (USD MILLION) 99
TABLE 74 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY,
2018–2025 (KILOTON) 99
TABLE 75 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 99
TABLE 76 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 99
TABLE 77 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 100
TABLE 78 EUROPE: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 100
11.3.2 GERMANY 100
11.3.2.1 Growing automobile industry driving the syntactic foam market 100
TABLE 79 GERMANY: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 100
TABLE 80 GERMANY: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 101
TABLE 81 GERMANY: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 101
TABLE 82 GERMANY: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 101
11.3.3 FRANCE 102
11.3.3.1 Increasing demand from sports & aerospace end-use industry
driving the market 102
TABLE 83 FRANCE: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 102
TABLE 84 FRANCE: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 102
TABLE 85 FRANCE: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 102
TABLE 86 FRANCE: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 103
11.3.4 UK 103
11.3.4.1 Growing demand from subsea & marine end-use industry
boosting the market 103
TABLE 87 UK: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (USD MILLION) 103
TABLE 88 UK: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 103
TABLE 89 UK: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 104
TABLE 90 UK: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 104
11.3.5 ITALY 104
11.3.5.1 Demand from oil & gas industry to support market growth 104
TABLE 91 ITALY: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 105
TABLE 92 ITALY: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 105
TABLE 93 ITALY: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 105
TABLE 94 ITALY: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 105
11.3.6 SPAIN 106
11.3.6.1 Increasing demand from subsea and automotive industries
to drive the market 106
TABLE 95 SPAIN: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 106
TABLE 96 SPAIN: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 106
TABLE 97 SPAIN: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 106
TABLE 98 SPAIN: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 107
11.3.7 RUSSIA 107
11.3.7.1 Participation of foreign companies in oil exploration and production to favor market growth 107
TABLE 99 RUSSIA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 107
TABLE 100 RUSSIA: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 107
TABLE 101 RUSSIA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 108
TABLE 102 RUSSIA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 108
11.3.8 REST OF EUROPE 108
TABLE 103 REST OF EUROPE: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 108
TABLE 104 REST OF EUROPE: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 109
TABLE 105 REST OF EUROPE: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 109
TABLE 106 REST OF EUROPE: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 109
11.4 APAC 110
11.4.1 IMPACT OF COVID-19 ON SYNTACTIC FOAM MARKET IN APAC 110
FIGURE 26 APAC: SYNTACTIC FOAM MARKET SNAPSHOT 111
TABLE 107 APAC: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 111
TABLE 108 APAC: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON) 112
TABLE 109 APAC: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (USD MILLION) 112
TABLE 110 APAC: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (KILOTON) 112
TABLE 111 APAC: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (USD MILLION) 112
TABLE 112 APAC: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (KILOTON) 113
TABLE 113 APAC: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY,
2018–2025 (USD MILLION) 113
TABLE 114 APAC: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY,
2018–2025 (KILOTON) 113
TABLE 115 APAC: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 113
TABLE 116 APAC: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 113
TABLE 117 APAC: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 114
TABLE 118 APAC: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 114
11.4.2 CHINA 114
11.4.2.1 Growing marine and automotive industries to drive the market 114
TABLE 119 CHINA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 115
TABLE 120 CHINA: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 115
TABLE 121 CHINA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 115
TABLE 122 CHINA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 115
11.4.3 JAPAN 116
11.4.3.1 Increasing demand from subsea & automotive industries to
propel the market 116
TABLE 123 JAPAN: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 116
TABLE 124 JAPAN: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 116
TABLE 125 JAPAN: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 116
TABLE 126 JAPAN: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 117
11.4.4 INDIA 117
11.4.4.1 Growth in marine & subsea industry to increase the demand
for syntactic foams 117
TABLE 127 INDIA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 117
TABLE 128 INDIA: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 117
TABLE 129 INDIA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 118
TABLE 130 INDIA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 118
11.4.5 SOUTH KOREA 118
11.4.5.1 Growing demand from various end-use industries to drive the market 118
TABLE 131 SOUTH KOREA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 118
TABLE 132 SOUTH KOREA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 119
TABLE 133 SOUTH KOREA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 119
TABLE 134 SOUTH KOREA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 119
11.4.6 REST OF APAC 119
TABLE 135 REST OF APAC: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 119
TABLE 136 REST OF APAC: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 120
TABLE 137 REST OF APAC: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 120
TABLE 138 REST OF APAC: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 120
11.5 MIDDLE EAST & AFRICA 120
11.5.1 IMPACT OF COVID-19 ON SYNTACTIC FOAM MARKET IN MIDDLE
EAST & AFRICA 121
FIGURE 27 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SNAPSHOT 121
TABLE 139 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION) 122
TABLE 140 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON) 122
TABLE 141 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION) 122
TABLE 142 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KILOTON) 122
TABLE 143 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE, 2018–2025 (USD MILLION) 123
TABLE 144 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE, 2018–2025 (KILOTON) 123
TABLE 145 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY, 2018–2025 (USD MILLION) 123
TABLE 146 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY, 2018–2025 (KILOTON) 123
TABLE 147 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 124
TABLE 148 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 124
TABLE 149 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 124
TABLE 150 MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 124
11.5.2 SAUDI ARABIA 125
11.5.2.1 Growing demand from marine & subsea industry driving the syntactic foam market 125
TABLE 151 SAUDI ARABIA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 125
TABLE 152 SAUDI ARABIA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 125
TABLE 153 SAUDI ARABIA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 125
TABLE 154 SAUDI ARABIA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 126
11.5.3 UAE 126
11.5.3.1 Marine & subsea industry dominates the market 126
TABLE 155 UAE: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (USD MILLION) 126
TABLE 156 UAE: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 126
TABLE 157 UAE: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 127
TABLE 158 UAE: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 127
11.5.4 SOUTH AFRICA 127
11.5.4.1 Sports, healthcare, and military apparel sectors drive the market 127
TABLE 159 SOUTH AFRICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 127
TABLE 160 SOUTH AFRICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 128
TABLE 161 SOUTH AFRICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 128
TABLE 162 SOUTH AFRICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 128
11.5.5 REST OF MIDDLE EAST & AFRICA 128
TABLE 163 REST OF MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (USD MILLION) 129
TABLE 164 REST OF MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 129
TABLE 165 REST OF MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE,
BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 129
TABLE 166 REST OF MIDDLE EAST & AFRICA: SYNTACTIC FOAM MARKET SIZE,
BY END-USE INDUSTRY, 2018–2025 (KILOTON) 129
11.6 SOUTH AMERICA 130
FIGURE 28 SOUTH AMERICA: SYNTACTIC FOAM MARKET SNAPSHOT 130
11.6.1 IMPACT OF COVID-19 ON SYNTACTIC FOAM MARKET IN SOUTH AMERICA 131
TABLE 167 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 131
TABLE 168 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY COUNTRY,
2018–2025 (KILOTON) 131
TABLE 169 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (USD MILLION) 131
TABLE 170 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY PRODUCT TYPE,
2018–2025 (KILOTON) 132
TABLE 171 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (USD MILLION) 132
TABLE 172 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY MATRIX TYPE,
2018–2025 (KILOTON) 132
TABLE 173 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY,
2018–2025 (USD MILLION) 132
TABLE 174 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY CHEMISTRY,
2018–2025 (KILOTON) 133
TABLE 175 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 133
TABLE 176 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 133
TABLE 177 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 133
TABLE 178 SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 134
11.6.2 BRAZIL 134
11.6.2.1 Rapid industrialization to boost the syntactic foam market 134
TABLE 179 BRAZIL: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 134
TABLE 180 BRAZIL: SYNTACTIC FOAM MARKET SIZE, BY FORM, 2018–2025 (KILOTON) 135
TABLE 181 BRAZIL: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 135
TABLE 182 BRAZIL: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 135
11.6.3 ARGENTINA 135
11.6.3.1 Growing demand from automotive & transportation industry
to boost demand 135
TABLE 183 ARGENTINA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 136
TABLE 184 ARGENTINA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 136
TABLE 185 ARGENTINA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (USD MILLION) 136
TABLE 186 ARGENTINA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY,
2018–2025 (KILOTON) 136
11.6.4 REST OF SOUTH AMERICA 137
TABLE 187 REST OF SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (USD MILLION) 137
TABLE 188 REST OF SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY FORM,
2018–2025 (KILOTON) 137
TABLE 189 REST OF SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION) 138
TABLE 190 REST OF SOUTH AMERICA: SYNTACTIC FOAM MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON) 138

12 COMPETITIVE LANDSCAPE 139
12.1 OVERVIEW 139