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The publisher brings years of research experience to the 6th edition of this report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Magneto Rheological Fluids Market to Reach $26.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Magneto Rheological Fluids estimated at US$7.5 Billion in the year 2020, is projected to reach a revised size of US$26.9 Billion by 2027, growing at a CAGR of 20.1% over the analysis period 2020-2027.
Automotive & Aerospace, one of the segments analyzed in the report, is projected to record a 21.6% CAGR and reach US$8.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Robotics segment is readjusted to a revised 23.7% CAGR for the next 7-year period.