Off course it will be replaced by MR fluids but on 50% large scale it may take another 15-20 years to jump in market portfolio. Since it was discovered in 1940 but market boost was not there with lack of ingredient technology. A haptic knobs is added and hopefully, it may retain soon its momentum in global auto market as well.
As we know, the magnetorheological fluids (MRF) are a generation of smart fluids with the ability to alter their variable viscosity. Moreover, the state of the MRF can be switched from the semisolid to the fluid phase and vice versa upon applying or removing the magnetic field. The fast response and the controllability are the main features of the MRF-based systems, which make them suitable for applications with high sensitivity and controllability requirements.
Nowadays, MRF-based systems are rapidly growing and widely being used in many industries such as civil, aerospace, and automotive. Magneto rheological fluid is a new product. Consumers are not yet aware of all the benefits associated with the product. Therefore, adoption of the fluid is low. Thus, lack of consumer awareness is adversely affecting the magneto rheological fluid market.
Magneto-rheological fluids are increasingly being used in an areas of applications, including robotics, aerospace, military & defense, electrical & electronics, building & construction, and automotive, among others. In addition, the magneto-rheological fluid technology is largely deployed in numerous low to high volume applications. Structures based on magneto-rheological fluids are likely to be the future, as the design of products in which accuracy, density, and the overall dynamic performance are important features.
This may surge in Demand for Magneto Rheological Fluid in Biomedical Field. Its usage can be extended to engine mounts and seat-adjustment systems. The recently developed haptic knobs, which are based on magneto-rheological fluid, are likely to be integrated into these appliances as well as electric and electronic products in the next few years. Nearly 50% of all automotive dampers would be using magneto-rheological fluids in the next 15 to 20 years.