A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Ferro
Fluids
Market. The
study, titled “Ferro
Fluids Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 - 2025”,
is available for sale on the firm’s website.
Many
innovative organometallic and hybrid fluids are being utilized into
industrial applications in the recent past and Ferro fluids are a
major class of hybrid fluids which are making a huge impact in
various industrial applications. Ferro fluid (FF) is generally a
magnetic colloid, dispersed in a colloidal suspension of single
domain magnetic particles having the dimensions in the range of about
10nm to 12 nm, usually dispersed in a liquid carrier. Typically, a
common Ferro fluid may contain 5% magnetic solid, 10% surfactant, and
85% carrier solution by volume. There are two major methods to
prepare Ferro fluids, by chemical precipitation and by size
reduction. In size reduction process, micron size magnetic powder is
mixed with a dispersant and a solvent in a mill for grinding, which
continues for the period of several weeks. Ferro fluid from chemical
precipitation process starts with a mixture of FeCl3, FeCl2, and
water, which is then co-precipitated with ammonium hydroxide.
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The
precipitated system is then subjected to magnetic separation,
peptization, filtration, and dilution. Furthermore, ferro fluids can
be classified according to the type of coatings on the magnetic
particles. It is necessary to place a coating on the magnetic
particles in order to avoid agglomeration in ferro fluids particles.
It is classified as surfacted (SFF) Ferro fluid if the coating is
present on a surfactant molecule, and it is classified as ionic (IFF)
ferro fluid if the coating is an electric shell.
Varieties
of applications of magnetic fluid are based on their peculiar
properties such as their high affinity and migration tendency towards
strong magnetic field, absorption of electromagnetic energy at
convenient frequencies, and heat dissipation. Ferro fluids find their
applications in various industries such as medicine, drug targeting,
cell separation, hyperthermia, and magnetic resonance imaging.
Moreover, ferro fluids have numerous technological applications, as
they have both magnetic and liquid properties. Ferro fluids can be
employed in making of optical modulators, tunable optical fiber
filter, magneto-optical wavelength filter, nonlinear optical
materials, optical grating, optical switches, and hyperthermia.
Presently, ferro fluids are utilized in making sealing agents. Ferro
fluids could form leak free liquid seals, which can offer long-term
stability in pump applications, CVD equipments, etching system,
epitaxial growth system, robots, x-ray generator, gas induction
mechanism, vacuum chunk mechanism, arch discharger, vacuum furnace,
and ion implanter.
The
basic sealing components consist of a permanent magnet, ferro fluid,
two magnetic pole pieces, and a magnetically permeable shaft. The
pole pieces combined with the magnetic structure and the rotating
shaft helps in concentrating the magnetic flux in between the radial
gap under each pole. Ferro fluid is applied to the radial gap, which
produces a hermetic seal between them. Ferro fluids are also utilized
globally for biological applications. Biological molecules coated
with magnetic nanoparticles can be controlled externally with the
help of electromagnetic frequencies. Magnetic field is intrinsically
penetrable into human tissue, which can be utilized into the
immobilization or transport of magnetically tagged biological
entities and magnetic nanoparticles. Currently, ferro fluids are
being utilized to make high performance loudspeakers, as they can
dampen the movement of the cone passively as well as remove heat from
the voice coil. Additionally, ferro fluids are employed as a material
for nondestructive testing of other components such as stainless
steels, magnetic tapes, and turbine blades
The
recent rise in demand for high quality electronics, sealants,
non-destructive medical equipment, and expansion in research &
development sector is driving the expansion of the ferro fluid market
globally. Consumer electronic is a rapidly expanding segment of the
market. The global consumer base for sealants, electronics, and
medical sectors is likely to extend further in the next few years due
to increased demand in major economies such as India, China, the
U.S., Germany, and France. This, in turn, is anticipated to boost the
need for ferro fluids. Major restraints for the ferro fluids market
are the high capital required for equipment manufacturing and limited
technological applications.
The
U.S is a market leader in the production and application of ferro
fluids. Asia Pacific is, a prominent and rapidly expanding market for
ferro fluids, with China being the dominant country and India
witnessing a high growth rate, attributed to the rapid economic
expansion and industrialization in material research. Major global
players in the production of ferro fluids include Ferrotech,
Magnaflux, American Elements, Lord Corp., and Ancera Inc.
Technological breakthrough in the medical and healthcare industries
and bioscience are propelling the expansion of the market for ferro
fluids. Increasing end-use applications of ferro fluids globally is
estimated to further drive the expansion of the market.
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accurate market forecast and analysis on the Ferro Fluids market.
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The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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