Magnetorheological Fluid 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.
Magnetorheological Fluid Market contains market size and forecasts of Magnetorheological Fluid in global, including the following market information:
- Global Magnetorheological Fluid Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Magnetorheological Fluid Market Sales, 2017-2022, 2023-2028, (Ton)
Global top five Magnetorheological Fluid companies in 2021 (%)
The global Magnetorheological Fluid market was valued at 1130.3 million in 2021 and is projected to reach US$ 2899 million by 2028, at a CAGR of 14.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Silicon Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Magnetorheological Fluid include Lord Corporation, Ioniqa Technologies, QED Technologies International inc., Liquids Research Limited, Arus MR Tech, Kolektor Group, MRF Engineering LLC, ArProDEC and CK Materials Lab and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Magnetorheological Fluid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnetorheological Fluid Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Ton)
Global Magnetorheological Fluid Market Segment Percentages, by Type, 2021 (%)
- Silicon Oil
- Mineral Oil
- Synthetic Hydrocarbon Oil
- Paraffin Oil
- Hydraulic Oil
- Others
Global Magnetorheological Fluid Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Ton)
Global Magnetorheological Fluid Market Segment Percentages, by Application, 2021 (%)
- Electrical and Electronics
- Automotive
- Building and Construction
- Military and Defense
- Medical
- Others
Global Magnetorheological Fluid Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Ton)
Global Magnetorheological Fluid Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Magnetorheological Fluid revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Magnetorheological Fluid revenues share in global market, 2021 (%)
- Key companies Magnetorheological Fluid sales in global market, 2017-2022 (Estimated), (Ton)
- Key companies Magnetorheological Fluid sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Lord Corporation
- Ioniqa Technologies
- QED Technologies International inc.
- Liquids Research Limited
- Arus MR Tech
- Kolektor Group
- MRF Engineering LLC
- ArProDEC
- CK Materials Lab
- Industrial Metal Powders (I) Pvt. Ltd.