Global Solid Buoyancy Material (SBM) Market Growth 2023-2029

Global Solid Buoyancy Material (SBM) Market Growth 2023-2029

The solid buoyancy material is a kind of solid compound which is obtained by the physical and chemical reaction of the inorganic light weight filling material into the organic polymer material.Based on the characteristics of low density and high pressure, solid buoyancy materials are widely used in civil, commercial and military applications, such as the counterweight of equipment in water, floating or suspended floating cables and buoys, submarine cable burying machinery, zero buoyancy towing body, unmanned remotely operated submersible, etc.Different conditions of use, its performance requirements are not the same.With the development of Marine technology, the application prospect of high strength buoyancy materials is very broad.In addition, since the solid buoyancy material is required for subsequent processing.Generally speaking, according to different processing requirements, the processing fee is very different.In this report, the price we calculated mainly refers to the ex-factory price of the solid buoyancy material itself, and does not include the processing costs.At present, hollow glass bead floating materials occupy the largest market share in the production end, and the market share of chemical foam buoyancy materials is continuously declining.Compared with chemical foam buoyancy material, hollow glass bead floating material has obvious advantages.
LPI (LP Information)' newest research report, the “Solid Buoyancy Material (SBM) Industry Forecast” looks at past sales and reviews total world Solid Buoyancy Material (SBM) sales in 2022, providing a comprehensive analysis by region and market sector of projected Solid Buoyancy Material (SBM) sales for 2023 through 2029. With Solid Buoyancy Material (SBM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solid Buoyancy Material (SBM) industry.
This Insight Report provides a comprehensive analysis of the global Solid Buoyancy Material (SBM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solid Buoyancy Material (SBM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Solid Buoyancy Material (SBM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solid Buoyancy Material (SBM) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solid Buoyancy Material (SBM).
The global Solid Buoyancy Material (SBM) market size is projected to grow from US$ 609.5 million in 2022 to US$ 760.7 million in 2029; it is expected to grow at a CAGR of 760.7 from 2023 to 2029.
Global Solid Buoyancy Material (SBM) key players include Trelleborg, Balmoral, Matrix, etc. Global top three manufacturers hold a share over 45%.
Europe is the largest market, with a share about 45%, followed by United States, and Australia, both have a share about 40 percent.
In terms of product, Hollow Glass Bead Buoyancy Material is the largest segment, with a share over 75%. And in terms of application, the largest application is Offshore Oil Exploration, followed by Scuba Diving Equipment, Ocean Buoy, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Solid Buoyancy Material (SBM) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Chemical Foam Buoyancy Material
Hollow Glass Bead Buoyancy Material
Composite Lightweight Buoyancy Material
Segmentation by application
Scuba Diving Equipment
Offshore Oil Exploration
Ocean Buoy
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Trelleborg
Matrix
Balmoral
Engineered Syntactic Systems (ESS)
Diab Group
Bmtl-HF
Gurit
Floatex
Syntech
Marine Chemical Research Institute
Hubei Haishan Technology Co.,Ltd.
CBM Future
AMMT
Qingdao Evergreen Maritime Co.,Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solid Buoyancy Material (SBM) market?
What factors are driving Solid Buoyancy Material (SBM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solid Buoyancy Material (SBM) market opportunities vary by end market size?
How does Solid Buoyancy Material (SBM) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.