Immersion Cooling Fluids Market to surpass USD 4.8 Billion by 2034, Says Global Market Insights inc

GlobeNewswire
2025.02.03 10:09
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The Immersion Cooling Fluids Market is projected to grow from USD 2.2 billion in 2024 to USD 4.8 billion by 2034, driven by demand for efficient heat dissipation in data centers, transformers, and electric vehicle batteries. The U.S. led the market in 2024 with USD 642 million in revenue, fueled by investments in technology and energy-efficient solutions. Hydrocarbons dominated the market, generating USD 1.3 billion, while single-phase cooling technology held a 68% market share. Key players include 3M, Chevron, and ExxonMobil Chemical.