+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Syntactic Foam - Company Evaluation Report, 2025

  • PDF Icon

    Report

  • 106 Pages
  • August 2025
  • Region: Global
  • Markets and Markets
  • ID: 6116313
The Syntactic Foam Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Syntactic Foam. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. The 360 Quadrants evaluated over 90 companies, of which the Top 10 Syntactic Foam Companies were categorized and recognized as quadrant leaders.

Syntactic foam is a specialized material composed of micro-spheres embedded in a matrix, where the micro-spheres can be made from glass, ceramic, or metal, and the matrix can be polymer, ceramic, or metal based. There are also larger macro-spheres used for specific applications. Known for its low density, syntactic foam is widely used in buoyancy applications, particularly in marine and subsea industries. It provides additional benefits like thermal insulation and sound attenuation. The properties of syntactic foam, such as its density and strength, can be tailored by adjusting the type, size, and volume fraction of the micro-spheres.

The growing demand for syntactic foam is largely driven by the expansion of offshore oil and gas production, as well as oceanographic research activities. Despite this upward trend, the market faces significant challenges, including fluctuations in natural gas prices and demand, along with concerns about environmental impact and recycling. Opportunities for growth lie in the development of environmentally friendly syntactic foam, its use in construction, and advancements in thermoforming applications. However, industry must also overcome obstacles such as material limitations, high transportation and logistics costs, and inconsistent manufacturing processes that call for greater standardization.

The 360 Quadrant maps the Syntactic Foam companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Syntactic Foam quadrant. The top criteria for product footprint evaluation included By Product Type (Micro-sphere, Macro-sphere), By Matrix Type (Polymer, Metal, Ceramic), By Filler Type (Glass, Ceramic, Other Filler Types), By Form (Block, Sheet & Rod), By Chemistry (Epoxy, Polypropylene, Other Chemistries), and By End-Use (Marine & Subsea, Aerospace & Defense, Automotive & Transportation, Sports & Leisure, Other End-use Industries).

Key Players

Key players in the Syntactic Foam market include major global corporations and specialized innovators such as ESCO Technologies Inc. (US), Trelleborg AB (Sweden), Matrix Composites & Engineering (Australia), and Resinex Trading S.r.l. (Italy), Akzo Nobel N.V. (Netherlands), ALCEN (France), and Deepwater Buoyancy, Inc. (US), Balmoral Group (US), DIAB Group (Sweden) and PPG Industries, Inc. (US). These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

Top 3 Companies

ESCO Technologies Inc.

ESCO Technologies Inc. is a global provider of specialized filtration and fluid control products serving the aviation, naval, space, and process industries. The company also delivers composite-based solutions tailored for defense, naval, and industrial applications. Its operations are structured into three reportable segments: Aerospace & Defense, Utility Solutions, and RF Test & Measurement. The maintain facilities across the U.S., Canada, Europe, and Asia. Its syntactic foams - formulated from fiber-reinforced micro-spheres and macro-spheres with resin - are available in various grades for marine and subsea applications.

Trelleborg AB

Trelleborg AB, headquartered in Sweden, specializes in engineered polymer solutions across diverse industries. The company operates through three main segments: Trelleborg Industrial Solutions, which delivers critical polymer-based solutions for industrial and infrastructure applications; Trelleborg Sealing Solutions, a global leader in essential sealing components for aerospace, automotive, and industrial uses; and Trelleborg Medical Solutions, a key provider of integrated polymer-based solutions for the medical and life sciences sectors.

Matrix Composites & Engineering

Matrix Composites & Engineering, based in Australia, specializes in the design, engineering, and manufacture of advanced polymer products for the energy, mining, resources, and defense industries. The company operates through three primary revenue segments: subsea buoyancy, corrosion solutions, and advanced materials. Within the advanced materials segment, a key offering is Kinetica syntactic foam - a lightweight product composed of macro-spheres, with a density range of 100 to 500 kg/m³. Kinetica foam is primarily used in subsea applications and supports a range of the company’s subsea product lines.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Introduction
3.1.1 Drivers
3.1.1.1 Rising Offshore Oil and Gas Production
3.1.1.2 Demand from Oceanography Activities
3.1.2 Restraints
3.1.2.1 Fluctuations in Natural Gas Demand and Prices
3.1.2.2 Environmental and Recycling Concerns
3.1.3 Opportunities
3.1.3.1 Development of Eco-Friendly Syntactic Foam
3.1.3.2 Use of Syntactic Foams in Construction
3.1.3.3 Demand from Thermoforming Applications
3.1.4 Challenges
3.1.4.1 Limitations of Syntactic Foam Material
3.1.4.2 Transportation & Logistic Costs
3.1.4.3 Manufacturing Inconsistencies and Need for Standardization
4 Industry Trends
4.1 Trends/Disruptions Impacting Customer Business
4.2 Ecosystem Analysis
4.3 Value Chain Analysis
4.4 Technology Analysis
4.4.1 Key Technologies
4.4.1.1 Mold Casting
4.4.2 Adjacent Technologies
4.4.2.1 Stir Casting
4.4.2.2 Single Phase Syntactic
4.4.3 Complementary Technologies
4.4.3.1 Additive Manufacturing
4.4.3.2 Computer Numerical Control (Cnc) Machining
4.5 Patent Analysis
4.6 Key Conferences and Events, 2025
4.7 Impact of Ai on Syntactic Foam Market
4.7.1 Introduction
4.8 Porter's Five Forces’ Analysis
4.8.1 Threat of New Entrants
4.8.2 Threat of Substitutes
4.8.3 Bargaining Power of Suppliers
4.8.4 Bargaining Power of Buyers
4.8.5 Intensity of Competitive Rivalry
5 Competitive Landscape
5.1 Overview
5.1.1 Key Players Strategies/Right to Win
5.2 Market Share Analysis
5.3 Product Comparison
5.4 Company Evaluation Matrix: Key Players, 2023
5.4.1 Stars
5.4.2 Emerging Leaders
5.4.3 Pervasive Players
5.4.4 Participants
5.4.5 Company Footprint: Key Players, 2023
5.4.5.1 Company Footprint
5.4.5.2 Region Footprint
5.4.5.3 Product Type Footprint
5.4.5.4 Matrix Type Footprint
5.4.5.5 Filler Type Footprint
5.4.5.6 Form Footprint
5.4.5.7 Chemistry Footprint
5.4.5.8 End-Use Industry Footprint
5.5 Company Evaluation Matrix: Startups/Smes, 2023
5.5.1 Progressive Companies
5.5.2 Responsive Companies
5.5.3 Dynamic Companies
5.5.4 Starting Blocks
5.5.5 Competitive Benchmarking: Startups/Smes, 2023
5.5.5.1 Detailed List of Key Startups/Smes
5.5.5.2 Competitive Benchmarking of Key Startups/Smes
5.6 Competitive Scenario
5.6.1 Deals
5.6.2 Expansions
5.6.3 Others
6 Company Profiles
6.1 Key Players
6.1.1 Akzonobel N.V.
6.1.1.1 Business Overview
6.1.1.2 Products/Solutions/Services Offered
6.1.1.3 Recent Developments
6.1.1.3.1 Deals
6.1.1.3.2 Expansions
6.1.1.4 Analyst's View
6.1.1.4.1 Right to Win
6.1.1.4.2 Strategic Choices
6.1.1.4.3 Weaknesses and Competitive Threats
6.1.2 Alcen
6.1.2.1 Business Overview
6.1.2.2 Products/Solutions/Services Offered
6.1.2.3 Analyst's View
6.1.2.3.1 Right to Win
6.1.2.3.2 Strategic Choices
6.1.2.3.3 Weaknesses and Competitive Threats
6.1.3 Trelleborg Ab
6.1.3.1 Business Overview
6.1.3.2 Products/Solutions/Services Offered
6.1.3.3 Recent Developments
6.1.3.3.1 Expansions
6.1.3.4 Analyst's View
6.1.3.4.1 Right to Win
6.1.3.4.2 Strategic Choices
6.1.3.4.3 Weaknesses and Competitive Threats
6.1.4 Resinex Trading S.R.L.
6.1.4.1 Business Overview
6.1.4.2 Products/Solutions/Services Offered
6.1.4.3 Recent Developments
6.1.4.3.1 Deals
6.1.4.4 Analyst's View
6.1.4.4.1 Right to Win
6.1.4.4.2 Strategic Choices
6.1.4.4.3 Weaknesses and Competitive Threats
6.1.5 Esco Technologies Inc.
6.1.5.1 Business Overview
6.1.5.2 Products/Solutions/Services Offered
6.1.5.2.1 Expansions
6.1.5.3 Analyst's View
6.1.5.3.1 Right to Win
6.1.5.3.2 Strategic Choices
6.1.5.3.3 Weaknesses and Competitive Threats
6.1.6 Matrix Composites & Engineering
6.1.6.1 Business Overview
6.1.6.2 Products/Solutions/Services Offered
6.1.6.3 Recent Developments
6.1.6.3.1 Deals
6.1.6.3.2 Others
6.1.6.4 Analyst's View
6.1.6.4.1 Right to Win
6.1.6.4.2 Strategic Choices
6.1.6.4.3 Weaknesses and Competitive Threats
6.1.7 Diab Group
6.1.7.1 Business Overview
6.1.7.2 Products/Solutions/Services Offered
6.1.7.3 Recent Developments
6.1.7.3.1 Deals
6.1.7.4 Analyst's View
6.1.7.4.1 Right to Win
6.1.7.4.2 Strategic Choices
6.1.7.4.3 Weaknesses and Competitive Threats
6.1.8 Ppg Industries, Inc.
6.1.8.1 Business Overview
6.1.8.2 Products/Solutions/Services Offered
6.1.8.3 Analyst's View
6.1.9 Deepwater Buoyancy, Inc.
6.1.9.1 Business Overview
6.1.9.2 Products/Solutions/Services Offered
6.1.9.3 Recent Developments
6.1.9.3.1 Deals
6.1.9.3.2 Others
6.1.9.4 Analyst's View
6.1.10 Balmoral Group
6.1.10.1 Business Overview
6.1.10.2 Products/Solutions/Services Offered
6.1.10.3 Recent Developments
6.1.10.3.1 Others
6.1.10.4 Analyst's View
6.2 Other Players
6.2.1 Acoustic Polymers Ltd
6.2.2 Taizhou Cbm-Future New Materials S&T Co., Ltd.
6.2.3 Precision Acoustics Ltd.
6.2.4 Oriental Ocean Tech.
6.2.5 Ais
6.2.6 Synfoam
6.2.7 Cocobuoyancy
6.2.8 F-Tec Pty Ltd
6.2.9 Base Materials Ltd
6.2.10 Nuclead Manufacturing Co Inc
6.2.11 Thermal Mitigation Technologies, LLC.
6.2.12 Cgp Europe
6.2.13 Rizhao Float New Materials Co., Ltd
6.2.14 Qingdao Doowin Marine Engineering Co., Ltd
7 Appendix
7.1 Research Methodology
7.1.1 Research Data
7.1.1.1 Secondary Data
7.1.1.2 Primary Data
7.1.2 Research Assumptions
7.1.3 Research Limitations
7.1.4 Risk Assessment
7.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Role of Companies in Ecosystem
Table 2 Key Patents, 2021-2024
Table 3 Syntactic Foam: Key Conferences and Events, 2025
Table 4 Syntactic Foam Market: Overview of Strategies Adopted by Market Players Between January 2021 and March 2025
Table 5 Syntactic Foam Market: Degree of Competition
Table 6 Syntactic Foam Market: Region Footprint
Table 7 Syntactic Foam Market: Product Type Footprint
Table 8 Syntactic Foam Market: Matrix Type Footprint
Table 9 Syntactic Foam Market: Filler Type Footprint
Table 10 Syntactic Form Market: Form Footprint
Table 11 Syntactic Foam Market: Chemistry Footprint
Table 12 Syntactic Foam Market: End-Use Industry Footprint
Table 13 Syntactic Foam Market: Detailed List of Key Startups/Smes
Table 14 Syntactic Foam Market: Competitive Benchmarking of Key Startups/Smes (1/1)
Table 15 Syntactic Foam Market: Competitive Benchmarking of Key Startups/Smes (1/2)
Table 16 Syntactic Foam Market: Deals, January 2021-March 2025
Table 17 Syntactic Foam Market: Expansions, January 2021-March 2025
Table 18 Syntactic Foam Market: Others, January 2021-March 2025
Table 19 Akzonobel N.V.: Company Overview
Table 20 Akzonobel N.V.: Products/Solutions/Services Offered
Table 21 Akzonobel N.V.: Deals, January 2021-March 2025
Table 22 Akzonobel N.V.: Expansions, January 2021-March 2025
Table 23 Alcen: Company Overview
Table 24 Alcen: Products/Solutions/Services Offered
Table 25 Trelleborg Ab: Company Overview
Table 26 Trelleborg Ab: Products/Solutions/Services Offered
Table 27 Trelleborg Ab: Expansions, January 2021-March 2025
Table 28 Resinex Trading S.R.L.: Company Overview
Table 29 Resinex Trading S.R.L.: Products/Solutions/Services Offered
Table 30 Resinex Trading S.R.L.: Deals, January 2021-March 2025
Table 31 Esco Technologies Inc.: Company Overview
Table 32 Esco Technologies Inc.: Products/Solutions/Services Offered
Table 33 Esco Technologies Inc.: Expansions, January 2021-March 2025
Table 34 Matrix Composites & Engineering: Company Overview
Table 35 Matrix Composites & Engineering: Products/Solutions/Services Offered
Table 36 Matrix Composites & Engineering: Deals, January 2021-March 2025
Table 37 Matrix Composites & Engineering: Others, January 2021-March 2025
Table 38 Diab Group: Company Overview
Table 39 Diab Group: Products/Solutions/Services Offered
Table 40 Diab Group: Deals, January 2021-March 2025
Table 41 Ppg Industries, Inc.: Company Overview
Table 42 Ppg Industries, Inc.: Products/Solutions/Services Offered
Table 43 Deepwater Buoyancy, Inc.: Company Overview
Table 44 Deepwater Buoyancy, Inc.: Products/Solutions/Services Offered
Table 45 Deepwater Buoyancy, Inc.: Deals, January 2021-March 2025
Table 46 Deepwater Buoyancy, Inc.: Others, January 2021-March 2025
Table 47 Balmoral Group: Company Overview
Table 48 Balmoral Group: Products/Solutions/Services Offered
Table 49 Balmoral Group: Others, January 2021-March 2025
Table 50 Acoustic Polymers Ltd: Company Overview
Table 51 Taizhou Cbm-Future New Materials S&T Co., Ltd.: Company Overview
Table 52 Precision Acoustics Ltd.: Company Overview
Table 53 Oriental Ocean Tech.: Company Overview
Table 54 Ais: Company Overview
Table 55 Synfoam: Company Overview
Table 56 Cocobuoyancy: Company Overview
Table 57 F-Tec Pty Ltd: Company Overview
Table 58 Base Materials Ltd: Company Overview
Table 59 Nuclead Manufacturing Co Inc: Company Overview
Table 60 Thermal Mitigation Technologies, LLC.: Company Overview
Table 61 Cgp Europe: Company Overview
Table 62 Rizhao Float New Materials Co., Ltd: Company Overview
Table 63 Qingdao Doowin Marine Engineering Co., Ltd: Company Overview
List of Figures
Figure 1 Micro-Sphere Segment to Dominate Market During Forecast Period
Figure 2 Polymer Matrix Segment to Dominate Market During Forecast Period
Figure 3 Glass Segment to Dominate Market in 2030
Figure 4 Block Segment to Dominate Market in 2030
Figure 5 Epoxy Segment to Dominate Market in 2030
Figure 6 Marine & Subsea Segment to Dominate Market in 2030
Figure 7 North America Accounted for Largest Share of Syntactic Foam Market in 2024
Figure 8 Syntactic Foam Market: Drivers, Restraints, Opportunities, and Challenges
Figure 9 New Oil and Gas Production Data from Offshore and Onshore Fields, 2024
Figure 10 Changes in Demand for Natural Gas
Figure 11 Trends/Disruptions Impacting Customers Businesses
Figure 12 Syntactic Foam Market: Ecosystem Analysis
Figure 13 Syntactic Foam Market: Value Chain Analysis
Figure 14 Patents Applied and Granted, 2013-2024
Figure 15 Jurisdiction Analysis, 2013-2024
Figure 16 Impact of Ai on Syntactic Foam Market
Figure 17 Syntactic Foam Market: Porter's Five Forces Analysis
Figure 18 Syntactic Foam Market Share Analysis, 2024
Figure 19 Syntactic Foam Market: Product Comparison
Figure 20 Company Evaluation Matrix: Key Players, 2023
Figure 21 Syntactic Foam Market: Company Footprint
Figure 22 Company Evaluation Matrix: Startups/Smes, 2023
Figure 23 Akzonobel N.V.: Company Snapshot
Figure 24 Trelleborg Ab: Company Snapshot
Figure 25 Esco Technologies Inc.: Company Snapshot
Figure 26 Matrix Composites & Engineering: Company Snapshot
Figure 27 Ppg Industries, Inc.: Company Snapshot
Figure 28 Syntactic Foam Market: Research Design

Companies Mentioned

  • Akzonobel N.V.
  • Alcen
  • Trelleborg Ab
  • Resinex Trading S.R.L.
  • Esco Technologies Inc.
  • Matrix Composites & Engineering
  • Diab Group
  • Ppg Industries, Inc.
  • Deepwater Buoyancy, Inc.
  • Balmoral Group
  • Acoustic Polymers Ltd
  • Taizhou Cbm-Future New Materials S&T Co., Ltd.
  • Precision Acoustics Ltd.
  • Oriental Ocean Tech.
  • Ais
  • Synfoam
  • Cocobuoyancy
  • F-Tec Pty Ltd
  • Base Materials Ltd
  • Nuclead Manufacturing Co Inc
  • Thermal Mitigation Technologies, LLC.
  • Cgp Europe
  • Rizhao Float New Materials Co., Ltd
  • Qingdao Doowin Marine Engineering Co., Ltd