Growing Demand for Syntactic Foam Drives Market Growth in Aerospace and Marine A

1. Syntactic Foam Market worth $169 Million by 2025- Exclusive Report by MarketsandMarkets™ The report "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 - Global Forecast to 2025", size is expected to grow from USD 132 million in 2020 to USD 169 million by 2025, at a CAGR of 5.2% during the forecast period. Syntactic foam is used across industries, such as Marine& Subsea, Automotive & Transportation, Aerospace & Defense, Sports & Leisure, and Others. In the syntactic foam market, marine & subsea is the key end-use industry owing to the wide applications of these syntactic foam. Get PDF Brochure for Research Insights at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=49852579 The polymer matrix is expected to dominate the global syntactic foam market during the forecast period. The polymer matrix will continue to lead the syntactic foam market. The key driver for the growth of syntactic foam in this segment are rising demand from marine & subsea applications such as underwater robotics, vehicles, flotation, pumps, and oil & gas pipeline insulation. Furthermore, the polymer matrix is also expected to be fastest growing segment during the forecast period due to increase in ultra and deep-water activity because of their superior properties such as low coefficient of thermal expansion, a high specific strength. The above mentioned factors are expected to drive the demand during forecast period.

2. Share Your Requirements & Get Customized Reports at https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=49852579 APAC is expected to hold the largest market share in the global syntactic foam market during the forecast period. North America accounted for the largest share of the Syntactic foam market in 2020. Factors such as the rapidly increasing consumption of syntactic foam in the marine & subsea industries in countries such as US, Canada, and Mexico have led to an increased demand for Syntactic foam in the North American region. ALSEAMAR (France), Trelleborg AB (Sweden), Diab (Sweden), Deepwater Buoyancy (New England), and CMT Materials (US) are the leading syntactic foam manufacturers, globally. Buy this Premium Research Report at https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=49852579 About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market

3. Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com