A magnetorheological fluid (MR fluid, or MRF) is a type of smart fluid in a carrier fluid, usually a type of oil. When subjected to a magnetic field, the fluid greatly increases its apparent viscosity, to the point of becoming a viscoelastic solid. Importantly, the yield stress of the fluid when in its active ("on") state can be controlled very accurately by varying the magnetic field intensity. The upshot is that the fluid's ability to transmit force can be controlled with an electromagnet, which gives rise to its many possible control-based applications. Extensive discussions of the physics and applications of MR fluids can be found in a recent book.
Market Analysis and Insights: Global Magnetorheological Fluid & Ferrofluids Market
Due to the COVID-19 pandemic, the global Magnetorheological Fluid & Ferrofluids market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Magnetorheological Fluids accounting for % of the Magnetorheological Fluid & Ferrofluids global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Damping segment is altered to an % CAGR throughout this forecast period.
China Magnetorheological Fluid & Ferrofluids market size is valued at US$ million in 2021, while the US and Europe Magnetorheological Fluid & Ferrofluids are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Magnetorheological Fluid & Ferrofluids landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Magnetorheological Fluid & Ferrofluids include Lord Corporation, Arus MR Tech, Liquids Research Limited, QED Technologies International, MRF Engineering, Kolektor Group, Ioniqa Technologies, CK Materials Lab and ArProDEC and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Magnetorheological Fluid & Ferrofluids capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Magnetorheological Fluid & Ferrofluids by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Magnetorheological Fluid & Ferrofluids Scope and Segment
Magnetorheological Fluid & Ferrofluids market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Magnetorheological Fluid & Ferrofluids market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Magnetorheological Fluids
Ferrofluids
Segment by Application
Damping
Sealing
Precision Polishing And Mechanical Power Transmission
Life Sciences
Loudspeaker Audio
By Company
Lord Corporation
Arus MR Tech
Liquids Research Limited
QED Technologies International
MRF Engineering
Kolektor Group
Ioniqa Technologies
CK Materials Lab
ArProDEC
Industrial Metal Powders
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE