I'm thinking The "foam" used in bow limbs is a Syntactic foam..I copied the following from wikipedia..
Main article: Syntactic foam
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A special class of closed-cell foams is known as syntactic foam, which contains hollow particles embedded in a matrix material. The spheres can be made from several materials, including glass, ceramic, and polymers. The advantage of syntactic foams is that they have a very high strength-to-weight ratio, making them ideal materials for many applications, including deep-sea and space applications. One particular syntactic foam employs shape memory polymer as its matrix, enabling the foam to take on the characteristics of shape memory resins and composite materials; i.e., it has the ability to be reshaped repeatedly when heated above a certain temperature and cooled. Shape memory foams have many possible applications, such as dynamic structural support, flexible foam core, and expandable foam fill.