The global Solid Buoyancy Material (SBM) market was valued at US$ 588.3 million in 2019 and it is expected to reach US$ 725.9 million by the end of 2026, growing at a CAGR of 3.1% during 2021-2026.
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.
Global Solid Buoyancy Material (SBM) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Solid Buoyancy Material (SBM) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are 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 and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Chemical Foam Buoyancy Material
- Hollow Glass Bead Buoyancy Material
- Composite Lightweight Buoyancy Material
Segment by Application
- Scuba Diving Equipment
- Offshore Oil Exploration
- Ocean Buoy
Table of Content:
1 Solid Buoyancy Material (SBM) Market Overview
2 Solid Buoyancy Material (SBM) Market Competition by Manufacturers
3 Solid Buoyancy Material (SBM) Retrospective Market Scenario by Region
4 Global Solid Buoyancy Material (SBM) Historic Market Analysis by Type
5 Global Solid Buoyancy Material (SBM) Historic Market Analysis by Application
6 Key Companies Profiled
7 Solid Buoyancy Material (SBM) Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Solid Buoyancy Material (SBM) Market Dynamics
10 Global Solid Buoyancy Material (SBM) Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.