The report "Immersion Cooling Fluids Market by Type (Mineral oil, Fluorocarbon-based fluids, Synthetic fluids), End Use (Transformers, Data Center, EV batteries, Solar PV), Technology (Single-phase cooling, Two-phase cooling) & Region - Global Forecast to 2027", is estimated to grow from USD 1.7 billion in 2022 to USD 2.6 billion by 2027, at a CAGR of 8.1% during the forecast period. Expanding market for transformers, data center and EV battery is expected to drive the immersion cooling fluids market.
Browse 291 market data Tables and 51 Figures spread through 238 Pages and in-depth TOC on "Immersion Cooling Fluids Market by Type (Mineral oil, Fluorocarbon-based fluids, Synthetic fluids), End Use (Transformers, Data Center, EV batteries, Solar PV), Technology (Single-phase cooling, Two-phase cooling) & Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/immersion-cooling-fluids-market-107755859.html
The mineral oil segment is expected to hold the largest share of the immersion cooling fluids market, during the forecast period
The mineral oil segment is expected to lead the immersion cooling fluids market during the forecast period by value. Down sides for traditional air cooling for transformers and increasing need for effective cooling solution for higher server density of data centers gives boost to adoption for immersion cooling solutions. This will drive the market for mineral oil segment in immersion cooling fluids market.
The two-phase immersion cooling segment, by technology, is expected to account for the fastest growing segment during the forecast period
Based on technology, the immersion cooling fluids market is classified into single-phase and two-phase immersion cooling systems. The two-phase immersion cooling segment is expected to grow at the fastest rate during the forecast period by value. Two-phase immersion cooling system has overall higher energy efficiency than that of single-phase immersion cooling systems. This is expected to boost the market demand for this segment.
Among end-use, transformers is the largest segment in the immersion cooling fluids market
The transformer segment is expected to lead the immersion cooling fluids market during the forecast period by value. High power requirement results in heat generation in transformer. This heat reduces the performance of the transformer giving raise to efficient cooling requirement. This has enhanced the demand for immersion cooling for transformer, creating the market for immersion cooling fluids used in transformers.
Asia Pacific region is expected to be the largest and fastest growing immersion cooling fluids market
Asia Pacific is expected to lead the immersion cooling fluids market during the forecast period by value. This demand can be attributed to the high growth in emerging economies such as China and India of the region that has made Asia Pacific a huge market for immersion cooling fluids. China is one of the largest electricity-producing and consuming country. This gives a growing opportunity for effective cooling solutions for power transmission. Adoption of effective cooling, across the region, for data center solution and EV batteries is expected to contribute a major portion to the overall regional demand for immersion cooling fluids market during the forecast period. These factors will propel the market for immersion cooling fluids in Asia Pacific region.
Some of the leading players in this market include Nynas AB (Sweden), Ergon, Inc. (US), PetroChina Company Limited (China), APAR Industries (India), and Sinopec Lubricant Company (China) among others.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441