Press release
Global MR Fluid (MRF) Market Trends and Forecast Report 2022 | By Players, Types, Applications and Regions
QY Research released a latest market research report on the Global MR Fluid (MRF) market, which is segmented by region (country), company and by Application. Players, stakeholders, and other participants in the global MR Fluid (MRF) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country) and by Application of Global MR Fluid (MRF) market.Summary
Due to the COVID-19 pandemic, the global MR Fluid (MRF) market size was value at US$ 68.44 million in 2021 and is forecast to be a readjusted size of US$ 131.95 million by 2028 with a CAGR of 9.79% during the forecast period 2022-2028.
The global main manufacturers of MR Fluid (MRF) include Lord Corporation, QED Technologies International, Liquids Research Limited, Arus MR Tech, CK Materials Lab, etc. In 2021, the global five largest players have a share approximately 93.68% in terms of revenue.
The North America MR Fluid (MRF) market size was US$ 24.07 million in 2021, while China was about US$ 8.95 million. The proportion of the China was 13.07% in 2021 and it is predicted that the share will reach 18.98% in 2028, trailing a CAGR of 15.63 % through the analysis period. As for the Europe MR Fluid (MRF) landscape, Germany is projected to reach US$ 21.07 million by 2028. And in Asia, the notable markets are Japan and South Korea, CAGR is 15.55% and 15.47 % respectively for the next 6-year period.
Hydrocarbon Oil MRF accounting for 98.99% of the MR Fluid (MRF) global market in 2021, is projected to value US$ 130.40 million by 2028, growing at a revised 9.77% CAGR from 2022 to 2028. While automotive segment is altered to a 9.78 % CAGR throughout this forecast period and will hold a share about 72.75% in 2028.
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The report mentions the prominent market player consisting of:
Lord Corporation
QED Technologies International
Liquids Research Limited
Arus MR Tech
CK Materials Lab
MR Fluid (MRF)Â Market Segment by Type
Hydrocarbon Oil MRF
Silicon Oil MRF
MR Fluid (MRF)Â Market Segment by Application
Automotive
Aerospace and Defense
Industrial
Other
The report on the MR Fluid (MRF) market covers the following region (country) analysis:
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Europe
Germany
France
U.K.
Spain
Italy
Latin America
Brazil
Mexico
Middle East & Africa
Middle East
Africa
The Goal of the Report
To study and analyze the global MR Fluid (MRF) consumption (value & volume) by key regions/countries, type and application, history data from 2017 to 2022, and forecast to 2028.
To understand the structure of MR Fluid (MRF) market by identifying its various subsegments.
Focuses on the key global MR Fluid (MRF) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the MR Fluid (MRF) with respect to individual growth trends, prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
To project the consumption of MR Fluid (MRF) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Target Audience
> MR Fluid (MRF) companies
> Research organizations
> Government Organizations
> Research/Consultancy firms
Table of Contents
 1 MR FLUID (MRF) MARKET OVERVIEW 1
1.1 MR FLUID (MRF) PRODUCT OVERVIEW 1
1.2 MR FLUID (MRF) MARKET SEGMENT BY TYPE 3
1.2.1 HYDROCARBON OIL MRF 3
1.2.2 SILICON OIL MRF 4
1.3 GLOBAL MR FLUID (MRF) MARKET SIZE BY TYPE 5
1.3.1 GLOBAL MR FLUID (MRF) MARKET SIZE OVERVIEW BY TYPE (2017-2028) 5
1.3.2 GLOBAL MR FLUID (MRF) HISTORIC MARKET SIZE REVIEW BY TYPE (2017-2022) 6
1.3.3 GLOBAL MR FLUID (MRF) FORECASTED MARKET SIZE BY TYPE (2023-2028) 7
1.4 KEY REGIONS MARKET SIZE SEGMENT BY TYPE 9
1.4.1 NORTH AMERICA MR FLUID (MRF) SALES BREAKDOWN BY TYPE (2017-2022) 9
1.4.2 EUROPE MR FLUID (MRF) SALES BREAKDOWN BY TYPE (2017-2022) 9
1.4.3 ASIA-PACIFIC MR FLUID (MRF) SALES BREAKDOWN BY TYPE (2017-2022) 10
1.4.4 LATIN AMERICA MR FLUID (MRF) SALES BREAKDOWN BY TYPE (2017-2022) 11
1.4.5 MIDDLE EAST AND AFRICA MR FLUID (MRF) SALES BREAKDOWN BY TYPE (2017-2022) 12
 2 MR FLUID (MRF) MARKET COMPETITION BY COMPANY 14
2.1 GLOBAL TOP PLAYERS BY MR FLUID (MRF) SALES (2020-2022) 14
2.2 GLOBAL TOP PLAYERS BY MR FLUID (MRF) REVENUE (2020-2022) 15
2.3 GLOBAL TOP PLAYERS BY MR FLUID (MRF) PRICE (2020-2022) 16
2.4 GLOBAL MR FLUID (MRF) TOP MANUFACTURERS HEADQUARTERS AND ESTABLISHED DATE 17
2.5 MR FLUID (MRF) MARKET COMPETITIVE SITUATION AND TRENDS 17
2.5.1 MR FLUID (MRF) MARKET CONCENTRATION RATE (2020-2022) 17
2.5.2 GLOBAL 3 AND 5 LARGEST MANUFACTURERS BY MR FLUID (MRF) SALES AND REVENUE IN 2021 18
2.6 KEY MANUFACTURERS MR FLUID (MRF) PRODUCT OFFERED 19
2.7 MERGERS & ACQUISITIONS, EXPANSION 19
 3 MR FLUID (MRF) STATUS AND OUTLOOK BY REGION 20
3.1 GLOBAL MR FLUID (MRF) MARKET SIZE AND CAGR BY REGION: 2017 VS 2021 VS 2028 20
3.2 GLOBAL MR FLUID (MRF) HISTORIC MARKET SIZE BY REGION 20
3.2.1 GLOBAL MR FLUID (MRF) SALES IN VOLUME BY REGION (2017-2022) 20
3.2.2 GLOBAL MR FLUID (MRF) SALES IN VALUE BY REGION (2017-2022) 21
3.2.3 GLOBAL MR FLUID (MRF) SALES (VOLUME & VALUE), PRICE AND GROSS MARGIN (2017-2022) 21
3.3 GLOBAL MR FLUID (MRF) FORECASTED MARKET SIZE BY REGION 22
3.3.1 GLOBAL MR FLUID (MRF) SALES IN VOLUME BY REGION (2023-2028) 22
3.3.2 GLOBAL MR FLUID (MRF) SALES IN VALUE BY REGION (2023-2028) 22
3.3.3 GLOBAL MR FLUID (MRF) SALES (VOLUME & VALUE), PRICE AND GROSS MARGIN (2023-2028) 23
 4 MR FLUID (MRF) BY APPLICATION 24
4.1 MR FLUID (MRF) MARKET SEGMENT BY APPLICATION 24
4.1.1 AUTOMOTIVE 24
4.1.2 AEROSPACE AND DEFENSE 25
4.1.3 INDUSTRIAL 26
4.1.4 OTHER 27
4.2 GLOBAL MR FLUID (MRF) MARKET SIZE BY APPLICATION 28
4.2.1 GLOBAL MR FLUID (MRF) MARKET SIZE OVERVIEW BY APPLICATION (2017-2028) 28
4.2.2 GLOBAL MR FLUID (MRF) HISTORIC MARKET SIZE REVIEW BY APPLICATION (2017-2022) 29
4.2.3 GLOBAL MR FLUID (MRF) FORECASTED MARKET SIZE BY APPLICATION (2023-2028) 30
4.3 KEY REGIONS MARKET SIZE SEGMENT BY APPLICATION 32
4.3.1 NORTH AMERICA MR FLUID (MRF) SALES BREAKDOWN BY APPLICATION (2017-2022) 32
4.3.2 EUROPE MR FLUID (MRF) SALES BREAKDOWN BY APPLICATION (2017-2022) 33
4.3.3 ASIA-PACIFIC MR FLUID (MRF) SALES BREAKDOWN BY APPLICATION (2017-2022) 34
4.3.4 LATIN AMERICA MR FLUID (MRF) SALES BREAKDOWN BY APPLICATION (2017-2022) 35
4.3.5 MIDDLE EAST AND AFRICA MR FLUID (MRF) SALES BREAKDOWN BY APPLICATION (2017-2022) 36
 5 NORTH AMERICA MR FLUID (MRF) BY COUNTRY 37
5.1 NORTH AMERICA MR FLUID (MRF) HISTORIC MARKET SIZE BY COUNTRY 37
5.1.1 NORTH AMERICA MR FLUID (MRF) SALES IN VOLUME BY COUNTRY (2017-2022) 37
5.1.2 NORTH AMERICA MR FLUID (MRF) SALES IN VALUE BY COUNTRY (2017-2022) 37
5.2 NORTH AMERICA MR FLUID (MRF) FORECASTED MARKET SIZE BY COUNTRY 38
5.2.1 NORTH AMERICA MR FLUID (MRF) SALES IN VOLUME BY COUNTRY (2023-2028) 38
5.2.2 NORTH AMERICA MR FLUID (MRF) SALES IN VALUE BY COUNTRY (2023-2028) 38
 6 EUROPE MR FLUID (MRF) BY COUNTRY 39
6.1 EUROPE MR FLUID (MRF) HISTORIC MARKET SIZE BY COUNTRY 39
6.1.1 EUROPE MR FLUID (MRF) SALES IN VOLUME BY COUNTRY (2017-2022) 39
6.1.2 EUROPE MR FLUID (MRF) SALES IN VALUE BY COUNTRY (2017-2022) 39
6.2 EUROPE MR FLUID (MRF) FORECASTED MARKET SIZE BY COUNTRY 40
6.2.1 EUROPE MR FLUID (MRF) SALES IN VOLUME BY COUNTRY (2023-2028) 40
6.2.2 EUROPE MR FLUID (MRF) SALES IN VALUE BY COUNTRY (2023-2028) 41
 7 ASIA-PACIFIC MR FLUID (MRF) BY REGION 42
7.1 ASIA-PACIFIC MR FLUID (MRF) HISTORIC MARKET SIZE BY REGION 42
7.1.1 ASIA-PACIFIC MR FLUID (MRF) SALES IN VOLUME BY REGION (2017-2022) 42
7.1.2 ASIA-PACIFIC MR FLUID (MRF) SALES IN VALUE BY REGION (2017-2022) 42
7.2 ASIA-PACIFIC MR FLUID (MRF) FORECASTED MARKET SIZE BY REGION 43
7.2.1 ASIA-PACIFIC MR FLUID (MRF) SALES IN VOLUME BY REGION (2023-2028) 43
7.2.2 ASIA-PACIFIC MR FLUID (MRF) SALES IN VALUE BY REGION (2023-2028) 44
 8 LATIN AMERICA MR FLUID (MRF) BY COUNTRY 45
8.1 LATIN AMERICA MR FLUID (MRF) HISTORIC MARKET SIZE BY COUNTRY 45
8.1.1 LATIN AMERICA MR FLUID (MRF) SALES IN VOLUME BY COUNTRY (2017-2022) 45
8.1.2 LATIN AMERICA MR FLUID (MRF) SALES IN VALUE BY COUNTRY (2017-2022) 45
8.2 LATIN AMERICA MR FLUID (MRF) FORECASTED MARKET SIZE BY COUNTRY 46
8.2.1 LATIN AMERICA MR FLUID (MRF) SALES IN VOLUME BY COUNTRY (2023-2028) 46
8.2.2 LATIN AMERICA MR FLUID (MRF) SALES IN VALUE BY COUNTRY (2023-2028) 46
 9 MIDDLE EAST AND AFRICA MR FLUID (MRF) BY COUNTRY 48
9.1 MIDDLE EAST AND AFRICA MR FLUID (MRF) HISTORIC MARKET SIZE BY COUNTRY 48
9.1.1 MIDDLE EAST AND AFRICA MR FLUID (MRF) SALES IN VOLUME BY COUNTRY (2017-2022) 48
9.1.2 MIDDLE EAST AND AFRICA MR FLUID (MRF) SALES IN VALUE BY COUNTRY (2017-2022) 48
9.2 MIDDLE EAST AND AFRICA MR FLUID (MRF) FORECASTED MARKET SIZE BY COUNTRY 49
9.2.1 MIDDLE EAST AND AFRICA MR FLUID (MRF) SALES IN VOLUME BY COUNTRY (2023-2028) 49
9.2.2 MIDDLE EAST AND AFRICA MR FLUID (MRF) SALES IN VALUE BY COUNTRY (2023-2028) 49
 10 COMPANY PROFILES AND KEY FIGURES IN MR FLUID (MRF) BUSINESS 50
10.1 LORD CORPORATION 50
10.1.1 LORD CORPORATION INFORMATION 50
10.1.2 LORD CORPORATION INTRODUCTION AND BUSINESS OVERVIEW 50
10.1.3 LORD CORPORATION MR FLUID (MRF) SALES, REVENUE AND GROSS MARGIN (2020-2022) 51
10.1.4 LORD CORPORATION MR FLUID (MRF) PRODUCTS OFFERED 51
10.2 QED TECHNOLOGIES INTERNATIONAL 54
10.2.1 QED TECHNOLOGIES INTERNATIONAL CORPORATION INFORMATION 54
10.2.2 QED TECHNOLOGIES INTERNATIONAL INTRODUCTION AND BUSINESS OVERVIEW 54
10.2.3 QED TECHNOLOGIES INTERNATIONAL MR FLUID (MRF) SALES, REVENUE AND GROSS MARGIN (2020-2022) 55
10.2.4 QED TECHNOLOGIES INTERNATIONAL MR FLUID (MRF) PRODUCTS OFFERED 55
10.3 LIQUIDS RESEARCH LIMITED 56
10.3.1 LIQUIDS RESEARCH LIMITED CORPORATION INFORMATION 56
10.3.2 LIQUIDS RESEARCH LIMITED INTRODUCTION AND BUSINESS OVERVIEW 57
10.3.3 LIQUIDS RESEARCH LIMITED MR FLUID (MRF) SALES, REVENUE AND GROSS MARGIN (2020-2022) 57
10.3.4 LIQUIDS RESEARCH LIMITED MR FLUID (MRF) PRODUCTS OFFERED 57
10.4 ARUS MR TECH 58
10.4.1 ARUS MR TECH CORPORATION INFORMATION 58
10.4.2 ARUS MR TECH INTRODUCTION AND BUSINESS OVERVIEW 59
10.4.3 ARUS MR TECH MR FLUID (MRF) SALES, REVENUE AND GROSS MARGIN (2020-2022) 59
10.4.4 ARUS MR TECH MR FLUID (MRF) PRODUCTS OFFERED 60
10.5 CK MATERIALS LAB 62
10.5.1 CK MATERIALS LAB CORPORATION INFORMATION 62
10.5.2 CK MATERIALS LAB INTRODUCTION AND BUSINESS OVERVIEW 62
10.5.3 CK MATERIALS LAB MR FLUID (MRF) SALES, REVENUE AND GROSS MARGIN (2020-2022) 63
10.5.4 CK MATERIALS LAB MR FLUID (MRF) PRODUCTS OFFERED 63
 11 UPSTREAM, OPPORTUNITIES, CHALLENGES, RISKS AND INFLUENCES FACTORS ANALYSIS 65
11.1 MR FLUID (MRF) KEY RAW MATERIALS 65
11.1.1 KEY RAW MATERIALS 65
11.1.2 RAW MATERIALS KEY SUPPLIERS 66
11.2 MANUFACTURING COST STRUCTURE 66
11.2.1 RAW MATERIALS 66
11.2.2 LABOR COST 66
11.2.3 MANUFACTURING EXPENSES 66
11.3 MR FLUID (MRF) INDUSTRIAL CHAIN ANALYSIS 67
11.4 MR FLUID (MRF) MARKET DYNAMICS 67
11.4.1 MR FLUID (MRF) INDUSTRY TRENDS 67
11.4.2 MR FLUID (MRF) MARKET DRIVERS 68
11.4.3 MR FLUID (MRF) MARKET CHALLENGES 68
 12 MARKETING STRATEGY ANALYSIS, DISTRIBUTORS 69
12.1 SALES CHANNEL 69
12.2 MR FLUID (MRF) DOWNSTREAM CUSTOMERS 71
 13 RESEARCH FINDINGS AND CONCLUSION 72
 14 APPENDIX 73
14.1 RESEARCH METHODOLOGY 73
14.1.1 METHODOLOGY/RESEARCH APPROACH 73
14.1.2 DATA SOURCE 76
14.2 AUTHOR DETAILS 79
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Due to the COVID-19 pandemic, the global MR Fluid (MRF) market size was value at US$ 68.44 million in 2021 and is forecast to be a readjusted size of US$ 131.95 million by 2028 with a CAGR of 9.79% during the forecast period 2022-2028.
The global main manufacturers of MR Fluid (MRF) include Lord Corporation, QED Technologies International, Liquids Research Limited, Arus MR Tech, CK Materials Lab, etc. In 2021, the global five largest players have a share approximately 93.68% in terms of revenue.
The North America MR Fluid (MRF) market size was US$ 24.07 million in 2021, while China was about US$ 8.95 million. The proportion of the China was 13.07% in 2021 and it is predicted that the share will reach 18.98% in 2028, trailing a CAGR of 15.63 % through the analysis period. As for the Europe MR Fluid (MRF) landscape, Germany is projected to reach US$ 21.07 million by 2028. And in Asia, the notable markets are Japan and South Korea, CAGR is 15.55% and 15.47 % respectively for the next 6-year period.
Hydrocarbon Oil MRF accounting for 98.99% of the MR Fluid (MRF) global market in 2021, is projected to value US$ 130.40 million by 2028, growing at a revised 9.77% CAGR from 2022 to 2028. While automotive segment is altered to a 9.78 % CAGR throughout this forecast period and will hold a share about 72.75% in 2028.
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 15 years' experience and professional research team in various cities over the world,QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 59,000 clients across five continents. Let's work closely with you and build a bold and better future.
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