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
In 2019, the market size of Magneto Rheological Fluid is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Magneto Rheological Fluid.
This report studies the global market size of Magneto Rheological Fluid, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Magneto Rheological Fluid production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Lord Corporation
Arus MR Tech
Liquids Research Limited
QED Technologies International, Inc.
Ioniqa Technologies
Industrial Metal Powders (I) Pvt. Ltd.
CK Materials Lab
ArProDEC
MRF Engineering LLC
Kolektor Group
Market Segment by Product Type
Silicon Oil
Mineral Oil
Synthetic Hydrocarbon Oil
Paraffin Oil
Hydraulic Oil
Water
Others
Market Segment by Application
Automotive
Aerospace
Building & Construction
Military & Defense
Optics
Electrical & Electronics
Medical & Prosthetics
Robotics
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Magneto Rheological Fluid status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Magneto Rheological Fluid manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Magneto Rheological Fluid are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Magneto Rheological Fluid. Industry analysis & Market Report on Magneto Rheological Fluid is a syndicated market report, published as Global (United States, European Union and China) Magneto Rheological Fluid Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Magneto Rheological Fluid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.