The Global Server Immersion Cooling Fluids Market was valued at USD 211 Million in 2023 and is projected to reach USD 566.58 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 11.60% during the forecast period (2023–2032). This growth is being driven by escalating data center demands driven by AI, cloud computing, and high-performance computing, the need for energy-efficient cooling solutions to manage rising power densities, and the accelerating adoption of immersion cooling technologies across hyperscale data centers and edge computing facilities.
As the data center industry transforms toward sustainable, high-efficiency operations and reduced carbon footprints, the spotlight is on the key fluid suppliers who are driving innovation, reliability, and greener cooling pathways. In this blog, we profile the Top 10 Companies in the Server Immersion Cooling Fluids Industry—a mix of chemical giants, specialty manufacturers, and innovators shaping the future of global data center cooling.
🔟 1. 3M Company
Headquarters: St. Paul, Minnesota, USA
Key Offering: Novec Engineered Fluids (HFE-based), Fluoroketone solutions for single-phase and two-phase immersion cooling
3M is a pioneer in immersion cooling fluids, offering its Novec series of non-conductive, low-GWP fluids widely used in data centers for direct server submersion and superior heat dissipation. With extensive fluorochemical expertise, 3M serves hyperscalers and enterprises, enabling up to 40% energy savings through efficient phase-change cooling while ensuring dielectric safety.
Sustainability Initiatives:
- Development of ultra-low GWP fluids to comply with global environmental regulations
- Partnerships with data center operators like Microsoft for large-scale immersion deployments
- Commitment to phasing out high-GWP substances by 2030, aligning with net-zero goals
Download FREE Sample Report: Server Immersion Cooling Fluids Market – View in Detailed Research Report
9️⃣ 2. Solvay SA
Headquarters: Brussels, Belgium
Key Offering: Specialty fluorinated fluids, PFPE lubricants for two-phase immersion systems
Solvay provides high-performance PFPE fluids excelling in thermal stability and inertness for reliable submerged IT hardware. Globally supplying data center builders, their solutions address rack power densities over 100 kW with zero ozone depletion potential, reducing cooling energy use that often reaches 40% of total facility power.
Sustainability Initiatives:
- Investment in bio-based and recyclable fluid alternatives
- Collaborations with cooling technology firms to optimize fluid compatibility
8️⃣ 3. Juhua Group
Headquarters: Zhejiang, China
Key Offering: Hydrofluoroether (HFE) fluids, custom formulations for single-phase cooling
Juhua supplies cost-effective HFE-based fluids with excellent dielectric properties and low toxicity for the Asia-Pacific data center boom in China and India. Their scalable products support new builds and retrofits, improving heat transfer in dense environments with enhanced viscosity for better performance.
Sustainability Initiatives:
- Expansion of production capacity to meet regional demand for low-GWP fluids
- Research into sustainable sourcing of raw materials for fluid synthesis
7️⃣ 4. Shell Global Solutions
Headquarters: London, United Kingdom
Key Offering: Synthetic hydrocarbons, engineered coolants for two-phase immersion
Shell develops synthetic fluids with superior thermal conductivity for two-phase systems, evaporating to carry heat efficiently. Their global supply supports AI workloads in data centers from North America to the Middle East, with certifications ensuring compatibility and reduced energy use amid regulatory pressures.
Sustainability Initiatives:
- Goal to incorporate 20% renewable content in fluid production by 2030
- Partnerships with data center alliances for carbon-neutral cooling pilots
Download FREE Sample Report: Server Immersion Cooling Fluids Market – View in Detailed Research Report
6️⃣ 5. Fuchs Petrolub SE
Headquarters: Mannheim, Germany
Key Offering: Mineral and synthetic-based cooling fluids, PFPE variants for industrial-scale immersion
Fuchs, the world’s largest independent lubricant maker, offers durable immersion fluids for data centers emphasizing low maintenance and enhanced heat transfer in single-phase setups. Serving Europe and North America, their recycling programs align with circular economy principles for edge computing facilities.
Sustainability Initiatives:
- Development of biodegradable fluid components
- Net-zero emissions target for manufacturing operations by 2040
5️⃣ 6. Chemours Company
Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon specialty fluids, fluorinated coolants for two-phase systems
Chemours’ Opteon low-GWP fluids are non-flammable and stable for high-reliability data centers handling over 50 kW per rack. With global production, they support North America’s USD 66.46 million segment in 2023, minimizing environmental impact per Paris Agreement standards.
Sustainability Initiatives:
- Target to achieve 100% renewable energy in fluid production by 2030
4️⃣ 7. Daikin Industries, Ltd.
Headquarters: Osaka, Japan
Key Offering: Fluorochemical coolants, HFE and PFPE blends for Asia-Pacific data centers
Daikin supplies evaporation-efficient fluids for two-phase cooling, popular in Japan’s energy-focused tech sector with low viscosity and high purity. Their HVAC heritage enables holistic solutions for 5G and IoT edge deployments in rapidly growing Asia-Pacific markets.
Sustainability Initiatives:
- Investment in low-toxicity, recyclable fluid technologies
- Collaborations with Japanese tech firms for integrated cooling trials
3️⃣ 8. Cargill, Incorporated
Headquarters: Minnetonka, Minnesota, USA
Key Offering: Bio-based synthetic fluids, PFAE for sustainable single-phase cooling
Cargill produces bio-derived PFAE fluids from renewable feedstocks, offering eco-friendly alternatives with excellent thermal properties for North and South American markets. Their traceable supply chain reduces petrochemical reliance, supporting ESG goals in data center operations.
Sustainability Initiatives:
- Indigenous bio-fluid research using plant-based sources
- Public-private partnerships to scale production in emerging markets
2️⃣ 9. Engineered Fluids
Headquarters: McKinney, Texas, USA
Key Offering: ElectraCool single-phase dielectric fluids, custom immersion solutions
Engineered Fluids tailors non-toxic, biodegradable dielectric coolants for high-density applications like AI clusters and mining. Their customer-focused approach optimizes properties for hardware compatibility, driving growth in North America’s expanding market.
Sustainability Initiatives:
- Aims for 100% recyclable fluid portfolio by 2025
- Major expansion in supply chains for global distribution
1️⃣ 10. Arkema S.A.
Headquarters: Colombes, France
Key Offering: Forane specialty fluids, fluoroketone and HFE for two-phase immersion
Arkema’s low-GWP fluorochemicals support phase transitions in two-phase cooling for European data centers under strict regulations. Offering corrosion-resistant compatibility, their solutions lower PUE below 1.1, ensuring reliability in 24/7 operations across global regions.
Sustainability Initiatives:
- End-to-end solutions for fluid management in global facilities
- Strategic alliances with immersion system providers
Read Full Report: Server Immersion Cooling Fluids Market – View in Detailed Research Report
🌍 Outlook: The Future of Server Immersion Cooling Fluids Is Efficient and Sustainable
The server immersion cooling fluids market is undergoing a transformative shift. While traditional air cooling persists in legacy systems, the sector is channeling substantial investments into advanced dielectric fluids, phase-change technologies, and integrated cooling ecosystems to handle escalating computational demands.
📈 Key Trends Shaping the Market:
- Rapid adoption of two-phase immersion in hyperscale data centers across North America and Asia-Pacific
- Regulatory mandates for low-GWP fluids, with targets up to 95% reduction by 2030 in key regions
- Integration of IoT for real-time fluid monitoring and predictive maintenance
- Collaborations between fluid suppliers, server makers, and data center developers for end-to-end solutions
Market Trends Affecting Server Immersion Cooling Fluids
- Shift to low-GWP and bio-based fluids — Driven by environmental regulations, companies are prioritizing fluids with GWP under 1, like 3M’s Novec and Cargill’s bio-PFAEs, to meet sustainability standards and reduce long-term costs.
- Expansion in edge and modular data centers — Compact fluids like HFEs from Juhua and Daikin enable space-efficient cooling for distributed computing, supporting 5G and IoT growth in Asia-Pacific.
- Customization for high-power AI workloads — Fluoroketone solutions from Chemours and Shell are tailored for racks over 100 kW, enhancing phase-change efficiency in single- and two-phase systems.
- Supply chain resilience and recycling — Fuchs and Solvay lead in recyclable PFPEs, addressing raw material volatility and promoting circular economy practices in European manufacturing.
- Hybrid cooling integrations — Engineered Fluids and Arkema develop fluids compatible with hybrid air-immersion setups, easing transitions for legacy facilities worldwide.
Read Full Report: Server Immersion Cooling Fluids Market – View in Detailed Research Report
The companies listed above are not only cooling global data centers—they’re spearheading the efficient, green revolution in computing infrastructure.