The market is segmented based on , By Base Oil (Silicon Oil, Mineral Oil, Synthetic Hydrocarbon Oil, Paraffin Oil, Hydraulic Oil, Water and Others), Application (Automotive, Aerospace, Building and Construction, Military and Defense, Optics, Electrical and Electronics, Medical and Prosthetics, Robotics and Others) - Industry Trends and Forecast to 2031.
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The Global Magneto Rheological Fluids Market size was valued at USD 1.99 USD Billion in 2023.
The Global Magneto Rheological Fluids Market is projected to grow at a CAGR of 21.5% during the forecast period of 2024 to 2031.
The major players operating in the market include Lord Corporation , Arus MR Tech , Liquid Research Limited , QED Technologies , KURIMOTOLtd. , Kolektor Group .
The market report covers data from the (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa).
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