Ferro Fluids Market
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<strong>Ferro</strong> <strong>Fluids</strong> <strong>Market</strong> - Global Industry<br />
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and Forecast 2017 - 2025<br />
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REPORT DESCRIPTION<br />
Many innovative organometallic and hybrid fluids are being utilized into industrial applications in the recent past and<br />
<strong>Ferro</strong> fluids are a major class of hybrid fluids which are making a huge impact in various industrial applications. <strong>Ferro</strong><br />
fluid (FF) is generally a magnetic colloid, dispersed in a colloidal suspension of single domain magnetic particles<br />
having the dimensions in the range of about 10nm to 12 nm, usually dispersed in a liquid carrier. Typically, a<br />
common <strong>Ferro</strong> fluid may contain 5% magnetic solid, 10% surfactant, and 85% carrier solution by volume. There are<br />
two major methods to prepare <strong>Ferro</strong> fluids, by chemical precipitation and by size reduction. In size reduction process,<br />
micron size magnetic powder is mixed with a dispersant and a solvent in a mill for grinding, which continues for the<br />
period of several weeks. <strong>Ferro</strong> fluid from chemical precipitation process starts with a mixture of FeCl3, FeCl2, and<br />
water, which is then co-precipitated with ammonium hydroxide. The precipitated system is then subjected to<br />
magnetic separation, peptization, filtration, and dilution. Furthermore, ferro fluids can be classified according to the<br />
type of coatings on the magnetic particles. It is necessary to place a coating on the magnetic particles in order to<br />
avoid agglomeration in ferro fluids particles. It is classified as surfacted (SFF) <strong>Ferro</strong> fluid if the coating is present on a<br />
surfactant molecule, and it is classified as ionic (IFF) ferro fluid if the coating is an electric shell.<br />
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Varieties of applications of magnetic fluid are based on their peculiar properties such as their high affinity and<br />
migration tendency towards strong magnetic field, absorption of electromagnetic energy at convenient frequencies,<br />
and heat dissipation. <strong>Ferro</strong> fluids find their applications in various industries such as medicine, drug targeting, cell<br />
separation, hyperthermia, and magnetic resonance imaging. Moreover, ferro fluids have numerous technological
applications, as they have both magnetic and liquid properties. <strong>Ferro</strong> fluids can be employed in making of optical<br />
modulators, tunable optical fiber filter, magneto-optical wavelength filter, nonlinear optical materials, optical<br />
grating, optical switches, and hyperthermia. Presently, ferro fluids are utilized in making sealing agents. <strong>Ferro</strong> fluids<br />
could form leak free liquid seals, which can offer long-term stability in pump applications, CVD equipments, etching<br />
system, epitaxial growth system, robots, x-ray generator, gas induction mechanism, vacuum chunk mechanism,<br />
arch discharger, vacuum furnace, and ion implanter.<br />
The basic sealing components consist of a permanent magnet, ferro fluid, two magnetic pole pieces, and a<br />
magnetically permeable shaft. The pole pieces combined with the magnetic structure and the rotating shaft helps in<br />
concentrating the magnetic flux in between the radial gap under each pole. <strong>Ferro</strong> fluid is applied to the radial gap,<br />
which produces a hermetic seal between them. <strong>Ferro</strong> fluids are also utilized globally for biological applications.<br />
Biological molecules coated with magnetic nanoparticles can be controlled externally with the help of<br />
electromagnetic frequencies. Magnetic field is intrinsically penetrable into human tissue, which can be utilized into<br />
the immobilization or transport of magnetically tagged biological entities and magnetic nanoparticles. Currently,<br />
ferro fluids are being utilized to make high performance loudspeakers, as they can dampen the movement of the<br />
cone passively as well as remove heat from the voice coil. Additionally, ferro fluids are employed as a material for<br />
nondestructive testing of other components such as stainless steels, magnetic tapes, and turbine blades<br />
The recent rise in demand for high quality electronics, sealants, non-destructive medical equipment, and expansion<br />
in research & development sector is driving the expansion of the ferro fluid market globally. Consumer electronic is a<br />
rapidly expanding segment of the market. The global consumer base for sealants, electronics, and medical sectors is<br />
likely to extend further in the next few years due to increased demand in major economies such as India, China, the<br />
U.S., Germany, and France. This, in turn, is anticipated to boost the need for ferro fluids. Major restraints for the ferro<br />
fluids market are the high capital required for equipment manufacturing and limited technological applications.
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The U.S is a market leader in the production and application of ferro fluids. Asia Pacific is, a prominent and rapidly<br />
expanding market for ferro fluids, with China being the dominant country and India witnessing a high growth rate,<br />
attributed to the rapid economic expansion and industrialization in material research. Major global players in the<br />
production of ferro fluids include <strong>Ferro</strong>tech, Magnaflux, American Elements, Lord Corp., and Ancera Inc. Technological<br />
breakthrough in the medical and healthcare industries and bioscience are propelling the expansion of the market for<br />
ferro fluids. Increasing end-use applications of ferro fluids globally is estimated to further drive the expansion of the<br />
market.
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