Global Magneto Rheological Fluid Sales Market Report 2021

Magneto rheological fluid (MR fluid or MRF) can be defined as smart and controllable fluid. It is a non-colloidal mixture of ferromagnetic particles randomly dispersed in oil or water, along with surfactants used to avoid the settling of suspended particles. MR fluid, when subjected to magnetic field, quickly increases its apparent viscosity and becomes a viscoelastic solid. Similarly, MR fluid changes back to its original liquid state when the magnetic field is removed. These properties are highly useful in applications such as damping and braking and clutching systems.
MR fluid was first used in the automotive industry for damping and braking and clutching systems. Currently, several vehicle platforms such as the Cadillac and Corvette employ MR-based suspension systems. Nearly half of all automotive dampers are expected to use MR fluid in the next 15 to 20 years

Market Analysis and Insights: Global Magneto Rheological Fluid Market
The global Magneto Rheological Fluid market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.

Global Magneto Rheological Fluid Scope and Market Size
The global Magneto Rheological Fluid market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Magneto Rheological Fluid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Silicon Oil
Mineral Oil
Synthetic Hydrocarbon Oil
Paraffin Oil
Hydraulic Oil
Water
Others

Segment by Application
Automotive
Aerospace
Construction
Military & Defense
Optics
Electrical & Electronics
Medical
Robotics
Others

The Magneto Rheological Fluid market is analysed and market size information is provided by regions (countries). Segment by Application, the Magneto Rheological Fluid market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Lord
Arus MR
Liquids Research
QED Technologies International
Ioniqa Technologies
Industrial Metal Powders
CK Materials Lab
ArProDEC
MRF Engineering
Kolektor Group

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