Ferro Fluids Market
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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.