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Global Ferro Fluids Market: By Product Type: Hydrocarbon Solvent Based, Water Based, Oil Based, Powder Based; By Application: Medicine, Cell Separation, Aerospace and Defence, Magnetic Resonance Imaging, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments
Global Ferro Fluids Market Outlook
The global ferro fluids market reached a value of about USD 54 million in 2020. The market is further expected to grow at a CAGR of 5.2% in the forecast period of 2022-2027 to reach a value of approximately USD 74 million by 2026.
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The Asia Pacific to Provide Enhanced Growth Opportunities to the Ferro Fluids Industry
The Asia Pacific is expected to witness a significant growth in the global ferro fluids industry. Within the region, Japan is one of the leading countries in the market in terms of quality and innovation. For instance, the ferro fluids developed by Japanese companies are further being used in Vacuum Feedthrough production, which demands high quality products. Moreover, some of the most innovative ferro fluids companies are also based in Japan, a factor which has allowed the country to enjoy a considerable amount of success. Adding to this, the growing applicability of magnetically operated sensors, rising use in the medical sector, and the increasing popularity of smart audio devices are also expected to drive the Asia Pacific ferro fluids industry further.
Ferro Fluids: Market Segmentation
Ferro fluid is a magnetic colloid which is dispersed in a colloidal suspension of single domain magnetic particles that have dimensions in the range of 10 nm to 12 nm, usually dispersed in a liquid carrier. Usually, a ferro fluid contains 5% magnetic solid, 10% surfactant, and 85% carrier solution by volume. There are two main methods of preparing ferro fluids, by size reduction and by chemical precipitation.
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By product type, the market is divided into:
- Hydrocarbon Solvent Based
- Water Based
- Oil Based
- Powder Based
Based on application, the industry can be segmented into:
- Medicine
- Cell Separation
- Aerospace and Defence
- Magnetic Resonance Imaging
- Analytical Equipment
- Electronics
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Demand for High Quality Electronics, Sealants, and others to Augment the Ferro Fluids Industry Growth
The current rise in ferro fluids industry can largely be attributed to an increase in demand for high quality electronics, sealants, non-destructive medical equipment, and others. Also, a rapid expansion in the research and development around ferro fluids can be correlated to the boom of the industry. The worldwide demand for electronics, loudspeaker, sensors, sealing products,, and medical equipment has been speculated to grow in the upcoming years owing to the rapid urbanisation across the globe. Over the forecast period, the growing technological advancements and the expanding applications of ferro fluids are expected to further propel the industry growth.
Key Industry Players in the Global Ferro Fluids Market
The report gives a detailed analysis of the following key players in the global ferro fluids market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Ferrotec Corporation
- Liquid Research Limited
- Anncera, LLC
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Application, Region |
| Breakup by Product Type | Hydrocarbon Solvent Based, Water Based, Oil Based, Powder Based |
| Breakup by Application | Medicine, Cell Separation, Aerospace and Defence, Magnetic Resonance Imaging, Analytical Equipment, Electronics, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Ferrotec Corporation., Liquid Research Limited, Ancera, LLC, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Ferro Fluids Market Analysis
8.1 Key Industry Highlights
8.2 Global Ferro Fluids Historical Market (2017-2021)
8.3 Global Ferro Fluids Market Forecast (2022-2027)
8.4 Global Ferro Fluids Market by Product Type
8.4.1 Hydrocarbon Solvent Based
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Water Based
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Oil Based
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Powder Based
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.5 Global Ferro Fluids Market by Application
8.5.1 Medicine
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Cell Separation
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Aerospace and Defence
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Magnetic Resonance Imaging
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Analytical Equipment
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Electronics
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.5.7 Others
8.6 Global Ferro Fluids Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Ferrotec Corporation.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Liquid Research Limited
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Ancera, LLC
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Others
13 Industry Events and Development
List of Key Figures and Tables
1. Global Ferro Fluids Market: Key Industry Highlights, 2016 and 2026
2. Global Ferro Fluids Historical Market: Breakup by Product Type (USD Billion), 2017-2021
3. Global Ferro Fluids Market Forecast: Breakup by Product Type (USD Billion), 2022-2027
4. Global Ferro Fluids Historical Market: Breakup by Application (USD Billion), 2017-2021
5. Global Ferro Fluids Market Forecast: Breakup by Application (USD Billion), 2022-2027
6. Global Ferro Fluids Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Ferro Fluids Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Ferro Fluids Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Ferro Fluids Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Ferro Fluids Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Ferro Fluids Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Ferro Fluids Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Ferro Fluids Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Ferro Fluids Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Ferro Fluids Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Ferro Fluids Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Ferro Fluids Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Ferro Fluids Market Structure
Key Questions Answered in the Report
In 2020, the global ferro fluids market attained a value of nearly USD 54 million.
The market is projected to grow at a CAGR of 5.2% between 2022 and 2027.
The industry is majorly being driven by the rapid urbanisation, growing technological advancements, expanding applications of ferro fluids, growing applicability of magnetically operated sensors, rising use in the medical sector, and the increasing popularity of smart audio devices.
An increase in demand for high quality electronics, sealants, non-destructive medical equipment and a rapid expansion in the research and development activities are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Based on product type, the market is divided into hydrocarbon solvent based, water based, oil based, and powder based.
The major applications include medicine, cell separation, aerospace and defence, magnetic resonance imaging, analytical equipment, and electronics, among others.
The major players in the industry are Ferrotec Corporation, Liquid Research Limited, and Ancera, LLC, among others.
Analyst Review
The global ferro fluids market attained a value of USD 54 million in 2020, driven by the increased demand for high-quality electronics, sealants, non-destructive medical equipment, and others. Aided by the growing technological advancements and expanding applications of ferro fluids, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the market is divided into hydrocarbon solvent based, water based, oil based, and powder based. The major applications include medicine, cell separation, aerospace and defence, magnetic resonance imaging, analytical equipment, and electronics, among others. The major regional markets for the global ferro fluids industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ferrotec Corporation, Liquid Research Limited, and Ancera, LLC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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