Market Overview:
The global dielectric cooling fluids market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for single-phase and two-phase dielectric cooling fluids across various applications. In terms of type, the hydrocarbons segment is expected to lead the global dielectric cooling fluids market during the forecast period. This can be attributed to their high thermal conductivity and low cost as compared to other types of dielectric cooling fluids.
Product Definition:
Dielectric cooling fluids are liquids that are used to cool electrical equipment. They work by absorbing heat from the equipment and then dissipating it into the surrounding air. Dielectric cooling fluids are important because they help to maintain the safe operating temperature of electrical equipment, which can prevent malfunctions and failures.
Hydrocarbons:
Hydrocarbons are organic compounds containing carbon and hydrogen. Hydrocarbons are used in dielectric cooling fluids for their low molecular weight, which results in high fluid mobility. The global hydrocarbon market is expected to witness significant growth over the forecast period owing to increasing demand from various end-use industries including transportation, construction, paints & coatings and electronics among others.
Fluorocarbons:
Fluorocarbons are organic compounds that contain only carbon and fluorine. Fluorocarbon is often represented by the symbol “CIF3”. Fluorocarbons are non-toxic, colorless, odorless, highly soluble in organic solvents and gases with a boiling point of 43 °C (110 °F) and have excellent electrical insulation properties. They can be produced by both natural as well as synthetic methods.
Application Insights:
Single-phase application dominated the global dielectric cooling fluids market in 2017, accounting for over 60.0% share of the overall revenue. The segment is expected to witness significant growth on account of rising demand from various end-use industries including power generation and oil & gas. Single-phase application involves use of a single type of fluid for cooling both primary and secondary cells in automotive batteries.
The two-phase application segment is projected to expand at a CAGR exceeding 7% from 2018 to 2030 owing to increasing demand from renewable energy projects such as solar parks, wind farms and hydroelectric power plants across various regions including Asia Pacific, North America and Middle East & Africa over the forecast period.
Regional Analysis:
Asia Pacific dominated the global dielectric cooling fluids market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries, such as electronics and medical equipment, which require high temperature dielectric materials for their production process.
The growing manufacturing sector and rapid urbanization are also contributing towards increased energy consumption in Asia Pacific economies such as China and India, thus driving industry expansion across this region. In addition, rising awareness regarding environmental protection is anticipated to drive hydrocarbon based product demand across this region during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient cooling systems in data centers and other commercial applications
- Growing popularity of dielectric fluids in hybrid cooling systems
- Rising concerns about environmental impact of traditional refrigerants and coolants
- Proliferation of microelectronics and semiconductor devices that require efficient cooling
- Technological advancements that improve the performance and efficiency of dielectric fluids
Scope Of The Report
Report Attributes
Report Details
Report Title
Dielectric Cooling Fluids Market Research Report
By Type
Hydrocarbons, Fluorocarbons
By Application
Single-phase, Two-phase
By Companies
3M, Shell, MIVOLT, Engineered Fluids, Dupont, Solvay (Galden), Green Revolution Cooling (GRC)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Dielectric Cooling Fluids Market Report Segments:
The global Dielectric Cooling Fluids market is segmented on the basis of:
Types
Hydrocarbons, Fluorocarbons
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Single-phase, Two-phase
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Shell
- MIVOLT
- Engineered Fluids
- Dupont
- Solvay (Galden)
- Green Revolution Cooling (GRC)
Highlights of The Dielectric Cooling Fluids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydrocarbons
- Fluorocarbons
- By Application:
- Single-phase
- Two-phase
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dielectric Cooling Fluids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dielectric cooling fluids are a type of refrigerant used to cool electronic equipment. They work by using an electric field to cause liquid nitrogen or another dielectric fluid to evaporate, which in turn lowers the temperature of the equipment.
Some of the major companies in the dielectric cooling fluids market are 3M, Shell, MIVOLT, Engineered Fluids, Dupont, Solvay (Galden), Green Revolution Cooling (GRC).
The dielectric cooling fluids market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dielectric Cooling Fluids Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dielectric Cooling Fluids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dielectric Cooling Fluids Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dielectric Cooling Fluids Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dielectric Cooling Fluids Market Size & Forecast, 2018-2028
4.5.1 Dielectric Cooling Fluids Market Size and Y-o-Y Growth
4.5.2 Dielectric Cooling Fluids Market Absolute $ Opportunity
Chapter 5 Global Dielectric Cooling Fluids Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dielectric Cooling Fluids Market Size Forecast by Type
5.2.1 Hydrocarbons
5.2.2 Fluorocarbons
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dielectric Cooling Fluids Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dielectric Cooling Fluids Market Size Forecast by Applications
6.2.1 Single-phase
6.2.2 Two-phase
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dielectric Cooling Fluids Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dielectric Cooling Fluids Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dielectric Cooling Fluids Analysis and Forecast
9.1 Introduction
9.2 North America Dielectric Cooling Fluids Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dielectric Cooling Fluids Market Size Forecast by Type
9.6.1 Hydrocarbons
9.6.2 Fluorocarbons
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dielectric Cooling Fluids Market Size Forecast by Applications
9.10.1 Single-phase
9.10.2 Two-phase
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dielectric Cooling Fluids Analysis and Forecast
10.1 Introduction
10.2 Europe Dielectric Cooling Fluids Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dielectric Cooling Fluids Market Size Forecast by Type
10.6.1 Hydrocarbons
10.6.2 Fluorocarbons
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dielectric Cooling Fluids Market Size Forecast by Applications
10.10.1 Single-phase
10.10.2 Two-phase
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dielectric Cooling Fluids Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dielectric Cooling Fluids Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dielectric Cooling Fluids Market Size Forecast by Type
11.6.1 Hydrocarbons
11.6.2 Fluorocarbons
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dielectric Cooling Fluids Market Size Forecast by Applications
11.10.1 Single-phase
11.10.2 Two-phase
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dielectric Cooling Fluids Analysis and Forecast
12.1 Introduction
12.2 Latin America Dielectric Cooling Fluids Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dielectric Cooling Fluids Market Size Forecast by Type
12.6.1 Hydrocarbons
12.6.2 Fluorocarbons
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dielectric Cooling Fluids Market Size Forecast by Applications
12.10.1 Single-phase
12.10.2 Two-phase
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dielectric Cooling Fluids Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dielectric Cooling Fluids Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dielectric Cooling Fluids Market Size Forecast by Type
13.6.1 Hydrocarbons
13.6.2 Fluorocarbons
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dielectric Cooling Fluids Market Size Forecast by Applications
13.10.1 Single-phase
13.10.2 Two-phase
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dielectric Cooling Fluids Market: Competitive Dashboard
14.2 Global Dielectric Cooling Fluids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Shell
14.3.3 MIVOLT
14.3.4 Engineered Fluids
14.3.5 Dupont
14.3.6 Solvay (Galden)
14.3.7 Green Revolution Cooling (GRC)
