“…In 1965, Stephen [1] from National Aeronautics and Space Administration (NASA) successfully prepared stable ferrofluids for the first time, after which many of the properties of ferrofluids were investigated, including their levitation characteristics [2,3], rheological properties [4,5], magnetization characteristics [6], magnetoviscous effect [7,8], magnetocaloric effect [9,10], and magneto-optic effect [11,12]. Ferrofluids have a wide range of industrial applications such as seals [13][14][15], dampers, sensors [16,17], lubrication [18][19][20], biomedicine [21], and finishing [22,23].…”