Well-posedness for magnetoviscoelastic fluids in 3D

We show that the system of equations describing a magnetoviscoelastic fluid in three dimensions can be cast as a quasilinear parabolic system. Using the theory of maximal $L_p$-regularity, we establish existence and uniqueness of local strong solutions and we show that each solution is smooth (in fact analytic) in space and time. Moreover, we give a complete characterization of the set of equilibria and show that solutions that start out close to a constant equilibrium exist globally and converge to a (possibly different) constant equilibrium. Finally, we show that every solution that is eventually bounded in the topology of the state space exists globally and converges to the set of equilibria.