The Global Data Center Immersion Cooling Fluid Market was valued at USD 212.6 Million in 2024 and is projected to reach USD 1.4 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 31.2% during the forecast period (2024-2030). This exponential growth is fueled by escalating data center power densities, stringent energy efficiency regulations, and the superior thermal performance of immersion cooling systems that reduce cooling energy consumption by 40-90% compared to conventional air cooling.

As hyperscalers and colocation providers accelerate liquid cooling adoption, chemical and industrial leaders are developing advanced dielectric fluids tailored for single-phase and two-phase immersion cooling applications. In this analysis, we examine the Top 10 Companies in the Data Center Immersion Cooling Fluid Industry—fluorochemical specialists, petrochemical majors, and fluid technology innovators revolutionizing data center thermal management.

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🔟 1. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Novec Engineered Fluids (HFE-based)

3M dominates the market with its Novec fluorinated fluids, holding 36% of the global market share. These non-conductive, non-flammable engineered fluids enable energy-efficient single-phase immersion cooling for high-density computing environments.

Technology Leadership:

• 1,300+ patents in fluorochemistry supporting product development
• Novec 7100 fluid demonstrates 98% lower global warming potential than alternatives
• Partnered with all major immersion cooling system OEMs

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/210670/data-center-immersion-cooling-fluid-market-2023-2030-130

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9️⃣ 2. The Chemours Company

Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon SF fluids (PFPE-based)

Chemours leverages its chemical heritage to produce high-performance PFPE (perfluoropolyether) fluids specifically engineered for two-phase immersion cooling. Their solutions achieve 90%+ cooling energy savings versus traditional methods.

Technology Leadership:

• Proprietary PFPE chemistry ensures superior thermal stability
• Fluids operate in extreme temperature ranges (-40°C to 200°C)
• Zero ozone depletion potential with ultra-low global warming impact

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8️⃣ 3. Solvay SA

Headquarters: Brussels, Belgium
Key Offering: Galden HT and Fomblin PFPE fluids

Solvay provides high-purity PFPE fluids under its Galden and Fomblin brands, serving demanding applications in high-performance computing and hyperscale data centers.

Technology Leadership:

• 50+ years experience in specialized fluorinated fluids
• Manufacturing facilities in Europe, North America, and Asia
• Developing next-gen bio-based formulations for sustainability

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7️⃣ 4. Juhua Group Corporation

Headquarters: Zhejiang, China
Key Offering: JH Fluorochemical immersion fluids

As China’s largest fluorochemical producer, Juhua controls 45% of the domestic immersion cooling fluid market. The company manufactures cost-effective alternatives to Western fluid technologies.

Technology Leadership:

• Vertically integrated fluorine supply chain
• Patent-protected fluorine recycling technology
• 300% production capacity expansion planned by 2026

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/210670/data-center-immersion-cooling-fluid-market-2023-2030-130

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6️⃣ 5. Shell plc

Headquarters: London, United Kingdom
Key Offering: Shell Immersion Cooling Fluid (mineral oil-based)

Shell applies its petroleum expertise to develop economical hydrocarbon-based immersion cooling fluids that offer easy deployment for conventional data centers transitioning from air cooling.

Technology Leadership:

• 20-year proven fluid lifespan with proper maintenance
• Strong partnerships with server OEMs for fluid compatibility testing
• Ongoing biodegradability and recycling R&D programs

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5️⃣ 6. Fujifilm Holdings

Headquarters: Tokyo, Japan
Key Offering: Fluorinert electronic liquids

Fujifilm’s Fluorinert dielectric fluids feature excellent thermal transfer properties and material compatibility, making them ideal for sensitive electronics in immersion cooling applications.

Technology Leadership:

• 50+ years in electronic cooling fluid development
• Customizable formulations for specific cooling requirements
• Global technical support network

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4️⃣ 7. Honeywell International

Headquarters: Charlotte, North Carolina, USA
Key Offering: Solstice immersion cooling fluids (HFO-based)

Honeywell develops next-generation hydrofluoroolefin (HFO) fluids with ultra-low global warming potential (GWP <1) for sustainable immersion cooling solutions.

Technology Leadership:

• 90% lower GWP than conventional alternatives
• Non-flammable and non-toxic formulations
• Proprietary Supercritical Water Oxidation recycling process

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3️⃣ 8. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: HT-270 dielectric coolant (synthetic hydrocarbon)

BASF’s high-purity synthetic hydrocarbons provide reliable single-phase cooling with excellent dielectric properties and thermal transfer performance.

Technology Leadership:

• Customizable viscosity formulations
• Exceptional material compatibility
• Low volatility and odor characteristics

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2️⃣ 9. TotalEnergies SE

Headquarters: Paris, France
Key Offering: CoolGreen DC immersion fluids (vegetable oil-based)

TotalEnergies has pioneered bio-based immersion cooling fluids that combine environmental benefits with competitive thermal performance.

Technology Leadership:

• Up to 95% biodegradable formulation
• Carbon neutral production process
• Food-grade material safety certification

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/210670/data-center-immersion-cooling-fluid-market-2023-2030-130

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1️⃣ 10. Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: ElectroCool immersion fluids (synthetic ester-based)

Lubrizol specializes in synthetic ester technology that delivers superior heat transfer while being non-toxic and biodegradable.

Technology Leadership:

• Renewable raw material sources
• 300,000+ hour operational lifespan
• Compatibility with all common immersion cooling materials

Get Full Report Here: https://www.24chemicalresearch.com/reports/210670/data-center-immersion-cooling-fluid-market-2023-2030-130

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🌍 Market Outlook: The Immersive Cooling Revolution

The data center immersion cooling fluid market is entering an accelerated growth phase, driven by hyperscale computing demands and sustainability imperatives. While single-phase systems currently dominate, two-phase technology adoption is rising for high-density AI/GPU workloads.

📈 Key Market Developments:

• Fluorinated fluids maintain 65% market share but face environmental scrutiny
• Bio-based formulations projected to grow at 42% CAGR through 2030
• Asia-Pacific market expanding fastest (36% CAGR) led by China’s hyperscale buildouts
• Fluid recycling ecosystem development becoming competitive differentiator

Get Full Report Here: https://www.24chemicalresearch.com/reports/210670/data-center-immersion-cooling-fluid-market-2023-2030-130

The companies profiled above are not merely fluid suppliers—they’re enabling the next generation of energy-efficient, sustainable computing infrastructure through material science innovation and thermal management expertise.