Polymer matrix solid buoyancy materials (PSBMs) have the advantages of low density, high strength, low cost, and low water absorption, and they are widely used in marine engineering fields. How to improve the performance of PSBMs further and adapt them to harsh marine environments has become a hot topic in current research. This paper provides a comprehensive summary of PSBM, detailing both the preparation methodologies and properties of single-component and multi-component PSBM. In this paper, relevant research is systematically summarized from two dimensions of matrix and filler, and the application of thermosetting resin and thermoplastic resin as a matrix in PSBM is introduced in detail, and the corresponding research on fillers such as hollow glass microspheres, fly ash, hollow ceramic spheres and hollow polymer microspheres are expounded. This paper aims to summarize the latest advancements in PSBM research, thereby providing insights into the current state of the field and guiding future investigations.