Immersion Cooling Fluids Market is Expanding Rapidly with Promising Growth of $2.98 Billion in 2028 at a CAGR of 9.6% over Forecast Period 2024-2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Immersion Cooling Fluids Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The immersion cooling fluids market size has grown strongly in recent years. It will grow from $1.89 billion in 2023 to $2.07 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increased data center power density, raised energy costs, focus on green data centers, rapid growth in data storage, increased cloud computing.

The immersion cooling fluids market size is expected to see strong growth in the next few years. It will grow to $2.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to increasing adoption of 5G technology, increased focus on energy recovery, expansion of Internet of Things (IoT), rise in quantum computing applications, increased collaboration between tech companies. Major trends in the forecast period include hybrid cooling solutions, AI-driven management systems, customized immersion cooling solutions, maintenance-free solutions, focus on aesthetics and design.

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Market Segmentation:
The immersion cooling fluids market covered in this report is segmented -
1) By Technology: Single-Phase Immersion Cooling, Two-Phase Immersion Cooling
2) By Cooling Fluid: Mineral Oil, Synthetic Fluids, Fluorocarbon-Based Fluids, Other Cooling Fluid
3) By Application: High-performance Computing, Edge Computing, Cryptocurrency Mining, Artificial Intelligence, Other Application
4) By End User: Transformers, Data Centers, EV Batteries, Solar Photovoltaic

Major Driver - Surging Data Center Demand Ignites Immersion Cooling Fluids Market Growth
The growing demand for data centers is expected to propel the growth of the immersion cooling fluids market going forward. A data center is a huge group of linked computer servers that businesses typically employ for the distant processing, archiving, or transport of massive amounts of data. The growing demand for data centers creates an increased use of immersion cooling fluid, which is used in data centers to directly submerge the IT gear in a non-conductive liquid for cooling purposes. For instance, according to the International Energy Agency (IEA), a Paris-based autonomous intergovernmental organization, the data center workload increased to 650 million in 2021, showing an increase of 260%. Therefore, the growing demand for data centers drives the growth of the immersion cooling fluids market.

Competitive Landscape:
Major companies operating in the immersion cooling fluids market report are ExxonMobil Corporation, Shell plc, Cargill Incorporated, Honeywell International Inc., 3M Company, Fujitsu Limited, Asperitas Company, Liquid Stack Inc., Solvay SA, The Lubrizol Corporation, Alfa Laval AB, Wiwynn Corporation, Submer Technologies SL, CoolIT Systems Inc., Castrol Limited, Fuchs Petrolub SE, Clustered Systems Co., Iceotope Limited, Cooltera Inc., NanoCool Inc., Asetek A/S, Green Revolution Cooling Inc., M&I Materials Limited, Allied Control Limited, LiquidCool Solutions Inc., Ebullient Inc., Midas Green Technologies LLC, Engineered Fluids Inc., ExaScaler Inc., DCX Liquid Cooling Systems

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Top Trend - Revolutionizing Data Center Cooling With Flow Technology-Powered Immersion Cooling Solution
Major companies operating in the immersion cooling fluids are launching new products incorporating technologies such as flow technology to increase their profitability in the market. Flow technology in immersion cooling fluids involves managing and controlling the circulation system, pumps, and components to ensure a controlled flow of dielectric fluid around submerged components. For instance, in November 2023, LiquidStack, a US-based liquid cooling provider launched single-phase immersion cooling solution for data centers. Liquid cooling surpasses air cooling with 28 times greater heat rejection capacity, ideal for powering high-demand generative AI processors. Its efficiency leads to a 32% reduction in capital expenditures compared to air cooling, stemming from minimized space, materials, water, and power usage. Energy consumption sees a significant 41% decrease, and the LiquidStack system, part of MacroModular, accommodates 1.5MW liquid cooling in a modular container. Employing flow technology, it achieves over 110kW performance using W32 water, enhancing heat transfer dynamics.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Immersion Cooling Fluids Market Characteristics
3. Immersion Cooling Fluids Market Trends And Strategies
4. Immersion Cooling Fluids Market - Macro Economic Scenario
5. Immersion Cooling Fluids Market Size And Growth
…..
27. Immersion Cooling Fluids Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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