The Business Research Company’s Immersion Cooling Fluids Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Immersion Cooling Fluids Global Market Report 2023 evaluates immersion cooling fluids market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global immersion cooling fluids market size is expected to grow from $1.75 billion in 2022 to $1.90 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global immersion cooling fluids is expected to grow to $2.69 billion in 2027 at a CAGR of 9.0%.
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.
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The immersion cooling fluids market segments in the report are:
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
The table of contents in TBRC’s immersion cooling fluids market report includes:
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
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26. Africa Immersion Cooling Fluids Market
27. Immersion Cooling Fluids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Immersion Cooling Fluids Market
29. Immersion Cooling Fluids Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Submer Technologies SL
- 3M Company
- Cargill Incorporated
- Castrol Limited
- Fuchs Petrolub SE
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