Magneto Rheological (MR) Fluid Market Top Key Players are Lord Corporation, Arus MR Tech, Liquid Research Limited, QED T
Magneto Rheological (MR) Fluid Market: Introduction The magneto rheological (MR) fluid market was valued at ~US$ 818 Mn in 2018 and is expected to expand at a CAGR of ~21% during the forecast period. Based on base fluid, the synthetic hydrocarbon oil segment held a dominant share of the magneto rheological (MR) fluid market in 2018. Synthetic hydrocarbon oil is an extensively used base fluid in magneto rheological fluids, due to its relatively eco-friendly nature and low viscosity & low vapor pressure.
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