A quick peek into the report
Table of Contents
1.1 Industry Outlook
1.1.1 Immersion Cooling Fluids: Overview
1.1.1.1 History of EV Battery Thermal Management
1.1.1.2 Immersion Cooling: The Way Forward for Electric Vehicle Battery Thermal Management
1.1.2 Overview of Regulatory Hurdles
1.1.2.1 Battery Issues
1.1.2.2 Fire-Related Regulations
1.1.2.2.1 China EV Fire-Related Regulations
1.1.2.2.2 Canada EV Fire-Related Regulations
1.1.2.2.3 U.S. EV Fire-Related Regulations
1.1.2.2.4 France EV Fire-Related Regulations
1.1.2.2.5 South Korea EV Fire-Related Regulations
1.1.2.2.6 India EV Fire-Related Regulations
1.1.3 Trends: Current and Future
1.1.4 Supply Chain Network
1.1.5 Comparative Analysis: Liquid Cooling Vs. Immersion Cooling
1.1.6 Case Study: Solving EV Range Anxiety
1.1.7 Additives for Fluids in Electric Vehicle Batteries
1.1.7.1 Analyst View on Additives for Fluids in EV Batteries
1.1.8 Ecosystem/Ongoing Programs
1.1.8.1 Consortiums, Associations, and Regulatory Bodies
1.1.8.1.1 North America
1.1.8.1.2 Europe
1.1.8.1.3 Asia-Pacific and Japan
1.1.8.2 Government Initiatives
1.1.8.3 Programs by Research Institutions and Universities
1.1.9 Key Patent Mapping
1.1.9.1 Past Vs. Future of Research and Development Activities in the Immersion Cooling Fluids Market for EVs
1.1.10 Overview of EV Fluid Cost Estimation
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Rising Acceptance of Electric Vehicles
1.2.1.2 Need to Increase the Driving Range of Electric Vehicles
1.2.1.3 Thermal Management in Electric Vehicles
1.2.1.4 Growing Need for Enhanced Electrification Components
1.2.1.5 Immersion Cooling for Electric Vehicle Batteries
1.2.2 Business Restraints
1.2.2.1 Higher Cost of Immersion Cooling Fluids for EVs
1.2.2.2 Developing Environment-Friendly Electric Vehicle Fluids
1.2.2.3 Complex Battery Chemistry and Amount of Immersion Cooling Fluid Needed
1.2.2.4 Changes Required to be Made in the Construction of EV Batteries
1.2.2.5 Lack of Knowledge About the Advantages of Immersion Cooling
1.2.3 Business Strategies
1.2.3.1 Product Development
1.2.3.2 Market Development
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions
1.2.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances
1.2.5 Business Opportunities
1.2.5.1 Coolants for EV Electronics and Charging Port Cables
1.2.5.2 Stringent Regulations by Government Bodies for Promoting Sustainable EV Environment
1.2.5.3 Growing Trend for the Development of Autonomous Vehicles
1.3 Impact of COVID-19 on the industry
2.1 Immersion Cooling Fluids Market for EVs – Applications and Specifications
2.1.1 Immersion Cooling Fluids Market for EVs (by Vehicle Type)
2.1.1.1 Passenger Vehicles
2.1.1.2 Light Commercial Vehicles
2.1.1.3 Heavy Commercial Vehicles
2.1.2 Immersion Cooling Fluids Market for EVs (by Propulsion Type)
2.1.2.1 Battery Electric Vehicles (BEVs)
2.1.2.2 Hybrid Electric Vehicles (HEVs)
2.1.2.3 Plug-in Hybrid Electric Vehicles (PHEVs)
2.1.3 Immersion Cooling Fluids Market for EVs (by Application)
2.1.3.1 EV Batteries
2.1.3.2 EV Motors
2.1.3.3 Power Electronics
2.2 Immersion Cooling Fluids Market for EVs – Demand Analysis (by Applications)
2.2.1 Immersion Cooling Fluids Market for EVs (by Vehicle Type), Volume and Value Data
2.2.1.1 Passenger Vehicles
2.2.1.2 Light Commercial Vehicles
2.2.1.3 Heavy Commercial Vehicles
2.2.2 Immersion Cooling Fluids Market for EVs (by Propulsion Type), Volume and Value Data
2.2.2.1 Battery Electric Vehicles
2.2.2.2 Hybrid Electric Vehicles
2.2.2.3 Plug-in Hybrid Electric Vehicles
2.2.3 Immersion Cooling Fluids Market for EVs (by Application), Volume and Value Data
2.2.3.1 EV Batteries
2.2.3.2 EV Motors
2.2.3.3 Power Electronics
3.1 Immersion Cooling Fluids Market for EVs – Products and Specifications
3.1.1 Immersion Cooling Fluids Market for EVs (by Product Type)
3.1.1.1 Single-Phase Coolant
3.1.1.2 Two-Phase Coolant
3.1.2 Immersion Cooling Fluids Market for EVs (by Chemistry)
3.1.2.1 Mineral Oils
3.1.2.2 Synthetic Oils and Esters
3.2 Immersion Cooling Fluids Market for EVs – Demand Analysis (by Products)
3.2.1 Immersion Cooling Fluids Market for EVs (by Product Type), Volume and Value Data
3.2.1.1 Single-Phase Coolant
3.2.1.2 Two-Phase Coolant
3.2.2 Immersion Cooling Fluids Market for EVs (by Chemistry), Volume and Value Data
3.2.2.1 Mineral Oils
3.2.2.2 Synthetic Oils and Esters
3.3 Product Benchmarking: Growth Rate – Market Share Matrix
3.3.1 Opportunity Matrix (by Region)
3.3.2 Opportunity Matrix (by Product Type)
3.3.3 Opportunity Matrix (by Chemistry)
3.4 Global Pricing Analysis
3.5 Technology Roadmap
4.1 North America
4.1.1 Markets
4.1.1.1 Buyer Attributes
4.1.1.2 Key Manufacturers in North America
4.1.1.3 Competitive Benchmarking
4.1.1.4 Business Challenges
4.1.1.5 Business Drivers
4.1.2 Applications
4.1.2.1 North America Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.1.2.2 North America Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.1.2.3 North America Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.1.3 Products
4.1.3.1 North America Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.1.3.2 North America Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.1.4 North America: Country-Level Analysis
4.1.4.1 U.S.
4.1.4.1.1 Markets
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Key Manufacturers in the U.S.
4.1.4.1.1.3 Business Challenges
4.1.4.1.1.4 Business Drivers
4.1.4.1.2 Applications
4.1.4.1.2.1 U.S. Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.1.4.1.2.2 U.S. Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.1.4.1.2.3 U.S. Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.1.4.1.3 Products
4.1.4.1.3.1 U.S. Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.1.4.1.3.2 U.S. Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.1.4.2 Canada
4.1.4.2.1 Markets
4.1.4.2.1.1 Buyer Attributes
4.1.4.2.1.2 Key Manufacturers in Canada
4.1.4.2.1.3 Business Challenges
4.1.4.2.1.4 Business Drivers
4.1.4.2.2 Applications
4.1.4.2.2.1 Canada Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.1.4.2.2.2 Canada Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.1.4.2.2.3 Canada Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.1.4.2.3 Products
4.1.4.2.3.1 Canada Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.1.4.2.3.2 Canada Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.1.4.3 Mexico
4.1.4.3.1 Markets
4.1.4.3.1.1 Buyer Attributes
4.1.4.3.1.2 Key Manufacturers in Mexico
4.1.4.3.1.3 Business Challenges
4.1.4.3.1.4 Business Drivers
4.1.4.3.2 Applications
4.1.4.3.2.1 Mexico Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.1.4.3.2.2 Mexico Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.1.4.3.2.3 Mexico Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.1.4.3.3 Products
4.1.4.3.3.1 Mexico Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.1.4.3.3.2 Mexico Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.2 Europe
4.2.1 Markets
4.2.1.1 Buyer Attributes
4.2.1.2 Key Manufacturers in Europe
4.2.1.3 Competitive Benchmarking
4.2.1.4 Business Challenges
4.2.1.5 Business Drivers
4.2.2 Applications
4.2.2.1 Europe Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.2.2.2 Europe Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.2.2.3 Europe Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.2.3 Products
4.2.3.1 Europe Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.2.3.2 Europe Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.2.4 Europe: Country-Level Analysis
4.2.4.1 Germany
4.2.4.1.1 Markets
4.2.4.1.1.1 Buyer Attributes
4.2.4.1.1.2 Key Manufacturers in Germany
4.2.4.1.1.3 Business Challenges
4.2.4.1.1.4 Business Drivers
4.2.4.1.2 Applications
4.2.4.1.2.1 Germany Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.2.4.1.2.2 Germany Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.2.4.1.2.3 Germany Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.2.4.1.3 Products
4.2.4.1.3.1 Germany Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.2.4.1.3.2 Germany Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.2.4.2 France
4.2.4.2.1 Markets
4.2.4.2.1.1 Buyer Attributes
4.2.4.2.1.2 Key Manufacturers in France
4.2.4.2.1.3 Business Challenges
4.2.4.2.1.4 Business Drivers
4.2.4.2.2 Applications
4.2.4.2.2.1 France Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.2.4.2.2.2 France Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.2.4.2.2.3 France Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.2.4.2.3 Products
4.2.4.2.3.1 France Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.2.4.2.3.2 France Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.2.4.3 Italy
4.2.4.3.1 Markets
4.2.4.3.1.1 Buyer Attributes
4.2.4.3.1.2 Key Manufacturers in Italy
4.2.4.3.1.3 Business Challenges
4.2.4.3.1.4 Business Drivers
4.2.4.3.2 Applications
4.2.4.3.2.1 Italy Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.2.4.3.2.2 Italy Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.2.4.3.2.3 Italy Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.2.4.3.3 Products
4.2.4.3.3.1 Italy Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.2.4.3.3.2 Italy Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.2.4.4 Spain
4.2.4.4.1 Markets
4.2.4.4.1.1 Buyer Attributes
4.2.4.4.1.2 Key Manufacturers in Spain
4.2.4.4.1.3 Business Challenges
4.2.4.4.1.4 Business Drivers
4.2.4.4.2 Applications
4.2.4.4.2.1 Spain Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.2.4.4.2.2 Spain Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.2.4.4.2.3 Spain Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.2.4.4.3 Products
4.2.4.4.3.1 Spain Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.2.4.4.3.2 Spain Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.2.4.5 Rest-of-Europe
4.2.4.5.1 Markets
4.2.4.5.1.1 Buyer Attributes
4.2.4.5.1.2 Key Manufacturers in Rest-of-Europe
4.2.4.5.1.3 Business Challenges
4.2.4.5.1.4 Business Drivers
4.2.4.5.2 Applications
4.2.4.5.2.1 Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.2.4.5.2.2 Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.2.4.5.2.3 Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.2.4.5.3 Products
4.2.4.5.3.1 Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.2.4.5.3.2 Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.3 U.K.
4.3.1 Markets
4.3.1.1 Buyer Attributes
4.3.1.2 Key Manufacturers in the U.K.
4.3.1.3 Competitive Benchmarking
4.3.1.4 Business Challenges
4.3.1.5 Business Drivers
4.3.2 Applications
4.3.2.1 U.K. Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.3.2.2 U.K. Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.3.2.3 U.K. Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.3.3 Products
4.3.3.1 U.K. Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.3.3.2 U.K. Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.4 China
4.4.1 Markets
4.4.1.1 Buyer Attributes
4.4.1.2 Key Manufacturers in China
4.4.1.3 Competitive Benchmarking
4.4.1.4 Business Challenges
4.4.1.5 Business Drivers
4.4.2 Applications
4.4.2.1 China Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.4.2.2 China Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.4.2.3 China Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.4.3 Products
4.4.3.1 China Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.4.3.2 China Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.5 Asia-Pacific and Japan
4.5.1 Markets
4.5.1.1 Buyer Attributes
4.5.1.2 Key Manufacturers in Asia-Pacific and Japan
4.5.1.3 Competitive Benchmarking
4.5.1.4 Business Challenges
4.5.1.5 Business Drivers
4.5.2 Applications
4.5.2.1 Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.5.2.2 Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.5.2.3 Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.5.3 Products
4.5.3.1 Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.5.3.2 Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.5.4 Asia-Pacific and Japan: Country-Level Analysis
4.5.4.1 Japan
4.5.4.1.1 Markets
4.5.4.1.1.1 Buyer Attributes
4.5.4.1.1.2 Key Manufacturers in Japan
4.5.4.1.1.3 Business Challenges
4.5.4.1.1.4 Business Drivers
4.5.4.1.2 Applications
4.5.4.1.2.1 Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.5.4.1.2.2 Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.5.4.1.2.3 Japan Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.5.4.1.3 Products
4.5.4.1.3.1 Japan Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.5.4.1.3.2 Japan Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.5.4.2 South Korea
4.5.4.2.1 Markets
4.5.4.2.1.1 Buyer Attributes
4.5.4.2.1.2 Key Manufacturers in South Korea
4.5.4.2.1.3 Business Challenges
4.5.4.2.1.4 Business Drivers
4.5.4.2.2 Applications
4.5.4.2.2.1 South Korea Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.5.4.2.2.2 South Korea Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.5.4.2.2.3 South Korea Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.5.4.2.3 Products
4.5.4.2.3.1 South Korea Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.5.4.2.3.2 South Korea Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.5.4.3 India
4.5.4.3.1 Markets
4.5.4.3.1.1 Buyer Attributes
4.5.4.3.1.2 Key Manufacturers in India
4.5.4.3.1.3 Business Challenges
4.5.4.3.1.4 Business Drivers
4.5.4.3.2 Applications
4.5.4.3.2.1 India Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.5.4.3.2.2 India Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.5.4.3.2.3 India Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.5.4.3.3 Products
4.5.4.3.3.1 India Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.5.4.3.3.2 India Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.5.4.4 Australia
4.5.4.4.1 Markets
4.5.4.4.1.1 Buyer Attributes
4.5.4.4.1.2 Key Manufacturers in Australia
4.5.4.4.1.3 Business Challenges
4.5.4.4.1.4 Business Drivers
4.5.4.4.2 Applications
4.5.4.4.2.1 Australia Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.5.4.4.2.2 Australia Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.5.4.4.2.3 Australia Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.5.4.4.3 Products
4.5.4.4.3.1 Australia Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.5.4.4.3.2 Australia Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.5.4.5 Rest-of-Asia-Pacific and Japan
4.5.4.5.1 Markets
4.5.4.5.1.1 Buyer Attributes
4.5.4.5.1.2 Key Manufacturers in Rest-of-Asia-Pacific and Japan
4.5.4.5.1.3 Business Challenges
4.5.4.5.1.4 Business Drivers
4.5.4.5.2 Applications
4.5.4.5.2.1 Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.5.4.5.2.2 Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.5.4.5.2.3 Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.5.4.5.3 Products
4.5.4.5.3.1 Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.5.4.5.3.2 Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
4.6 Rest-of-the-World
4.6.1 Markets
4.6.1.1 Buyer Attributes
4.6.1.2 Key Manufacturers in Rest-of-the-World
4.6.1.3 Competitive Benchmarking
4.6.1.4 Business Challenges
4.6.1.5 Business Drivers
4.6.2 Applications
4.6.2.1 Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Vehicle Type), Value and Volume Data, 2021-2032
4.6.2.2 Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Propulsion Type), Value and Volume Data, 2021-2032
4.6.2.3 Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Application), Value and Volume Data, 2021-2032
4.6.3 Products
4.6.3.1 Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Product Type), Value and Volume Data, 2021-2032
4.6.3.2 Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Chemistry), Value and Volume Data, 2021-2032
5.1 Competitive Benchmarking
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 Type 1 Companies: Immersion Cooling Fluids Manufacturers
5.3.1.1 FUCHS
5.3.1.1.1 Company Overview
5.3.1.1.1.1 Role of FUCHS in the Immersion Cooling Fluids Market for EVs
5.3.1.1.1.2 Product Portfolio
5.3.1.1.2 Business Strategies
5.3.1.1.2.1 FUCHS: Product Development
5.3.1.1.3 Corporate Strategies
5.3.1.1.3.1 FUCHS: Mergers and Acquisitions
5.3.1.1.3.2 FUCHS: Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.1.4 Production Sites and R&D Analysis
5.3.1.1.5 Analyst View
5.3.1.2 The Lubrizol Corporation
5.3.1.2.1 Company Overview
5.3.1.2.1.1 Role of The Lubrizol Corporation in the Immersion Cooling Fluids Market for EVs
5.3.1.2.1.2 Product Portfolio
5.3.1.2.2 Corporate Strategies
5.3.1.2.2.1 The Lubrizol Corporation: Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.2.3 Production Sites and R&D Analysis
5.3.1.2.4 Analyst View
5.3.1.3 3M
5.3.1.3.1 Company Overview
5.3.1.3.1.1 Role of 3M in the Immersion Cooling Fluids Market for EVs
5.3.1.3.1.2 Product Portfolio
5.3.1.3.2 Production Sites and R&D Analysis
5.3.1.3.3 Analyst View
5.3.1.4 Castrol Limited
5.3.1.4.1 Company Overview
5.3.1.4.1.1 Role of Castrol Limited in the Immersion Cooling Fluids Market for EVs
5.3.1.4.1.2 Product Portfolio
5.3.1.4.2 Business Strategies
5.3.1.4.2.1 Castrol Limited: Product Development
5.3.1.4.3 Corporate Strategies
5.3.1.4.3.1 Castrol Limited: Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.4.4 Production Sites and R&D Analysis
5.3.1.4.5 Analyst View
5.3.1.5 M&I Materials Ltd.
5.3.1.5.1 Company Overview
5.3.1.5.1.1 Role of M&I Materials Ltd. in the Immersion Cooling Fluids Market for EVs
5.3.1.5.1.2 Product Portfolio
5.3.1.5.2 Business Strategies
5.3.1.5.2.1 M&I Materials Ltd.: Product Development
5.3.1.5.3 Corporate Strategies
5.3.1.5.3.1 M&I Materials Ltd.: Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.5.4 Production Sites and R&D Analysis
5.3.1.5.5 Analyst View
5.3.1.6 Engineered Fluids
5.3.1.6.1 Company Overview
5.3.1.6.1.1 Role of Engineered Fluids in the Immersion Cooling Fluids Market for EVs
5.3.1.6.1.2 Product Portfolio
5.3.1.6.2 Production Sites and R&D Analysis
5.3.1.6.3 Analyst View
5.3.1.7 Shell plc
5.3.1.7.1 Company Overview
5.3.1.7.1.1 Role of Shell plc in the Immersion Cooling Fluids Market for EVs
5.3.1.7.1.2 Product Portfolio
5.3.1.7.2 Business Strategies
5.3.1.7.2.1 Shell plc: Product Development
5.3.1.7.3 Production Sites and R&D Analysis
5.3.1.7.4 Analyst View
5.3.1.8 TotalEnergies SE
5.3.1.8.1 Company Overview
5.3.1.8.1.1 Role of TotalEnergies SE in the Immersion Cooling Fluids Market for EVs
5.3.1.8.1.2 Product Portfolio
5.3.1.8.2 Business Strategies
5.3.1.8.2.1 TotalEnergies SE: Product Development
5.3.1.8.3 Corporate Strategies
5.3.1.8.3.1 TotalEnergies SE: Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.1.8.4 Production Sites and R&D Analysis
5.3.1.8.5 Analyst View
5.3.1.9 Cargill, Incorporated
5.3.1.9.1 Company Overview
5.3.1.9.1.1 Role of Cargill, Incorporated in the Immersion Cooling Fluids Market for EVs
5.3.1.9.1.2 Product Portfolio
5.3.1.9.2 Business Strategies
5.3.1.9.2.1 Cargill, Incorporated: Product Development
5.3.1.9.3 Production Sites and R&D Analysis
5.3.1.9.4 Analyst View
5.3.1.10 DOBER
5.3.1.10.1 Company Overview
5.3.1.10.1.1 Role of DOBER in the Immersion Cooling Fluids Market for EVs
5.3.1.10.1.2 Product Portfolio
5.3.1.10.2 Production Sites and R&D Analysis
5.3.1.10.3 Analyst View
5.3.1.11 LANXESS
5.3.1.11.1 Company Overview
5.3.1.11.1.1 Role of LANXESS in the Immersion Cooling Fluids Market for EVs
5.3.1.11.1.2 Product Portfolio
5.3.1.11.2 Production Sites and R&D Analysis
5.3.1.11.3 Analyst View
5.3.2 Type 2 Companies: Immersion Cooling System Providers
5.3.2.1 XING Mobility
5.3.2.1.1 Company Overview
5.3.2.1.1.1 Role of XING Mobility in the Immersion Cooling Fluids Market for EVs
5.3.2.1.1.2 Product Portfolio
5.3.2.1.2 Business Strategies
5.3.2.1.2.1 XING Mobility: Product Development
5.3.2.1.3 Corporate Strategies
5.3.2.1.3.1 XING Mobility: Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.2.1.4 Analyst View
5.3.2.2 MAHLE GmbH
5.3.2.2.1 Company Overview
5.3.2.2.1.1 Role of MAHLE GmbH in the Immersion Cooling Fluids Market for EVs
5.3.2.2.1.2 Product Portfolio
5.3.2.2.2 Business Strategies
5.3.2.2.2.1 MAHLE GmbH: Product Development
5.3.2.2.3 Production Sites and R&D Analysis
5.3.2.2.4 Analyst View
5.3.2.3 Kreisel Electric
5.3.2.3.1 Company Overview
5.3.2.3.1.1 Role of Kreisel Electric in the Immersion Cooling Fluids Market for EVs
5.3.2.3.1.2 Product Portfolio
5.3.2.3.2 Business Strategies
5.3.2.3.2.1 Kreisel Electric: Market Development
5.3.2.3.3 Corporate Strategies
5.3.2.3.3.1 Kreisel Electric: Mergers and Acquisitions
5.3.2.3.3.2 Kreisel Electric: Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.2.3.4 Analyst View
5.3.2.4 E-MERSIV
5.3.2.4.1 Company Overview
5.3.2.4.1.1 Role of E-MERSIV in the Immersion Cooling Fluids Market for EVs
5.3.2.4.1.2 Product Portfolio
5.3.2.4.2 Analyst View
5.3.3 Other Key Companies
5.4 Customer Outlook: Electric Vehicle Manufacturers Customer Outlook
5.4.1 Tesla Inc.
5.4.1.1 Company Overview
5.4.1.2 Electric Vehicle Production
5.4.1.3 Product Overview
5.4.2 Volkswagen AG
5.4.2.1 Company Overview
5.4.2.2 Electric Vehicle Production
5.4.2.3 Product Overview
5.4.3 SAIC Motors
5.4.3.1 Company Overview
5.4.3.2 Electric Vehicle Production
5.4.3.3 Product Overview
5.4.4 BYD Co. Ltd.
5.4.4.1 Company Overview
5.4.4.2 Electric Vehicle Production
5.4.4.3 Product Overview
5.4.5 Stellantis N.V.
5.4.5.1 Company Overview
5.4.5.2 Electric Vehicle Production
5.4.5.3 Product Overview
5.4.6 General Motors
5.4.6.1 Company Overview
5.4.6.2 Electric Vehicle Production
5.4.6.3 Product Overview
5.4.7 Ford Motor Company
5.4.7.1 Company Overview
5.4.7.2 Electric Vehicle Production
5.4.7.3 Product Overview
5.4.8 Hyundai Motor Company
5.4.8.1 Company Overview
5.4.8.2 Electric Vehicle Production
5.4.8.3 Product Overview
5.4.9 Honda Motor Co., Ltd.
5.4.9.1 Company Overview
5.4.9.2 Electric Vehicle Production
5.4.9.3 Product Overview
5.4.10 Groupe Renault
5.4.10.1 Company Overview
5.4.10.2 Electric Vehicle Production
5.4.10.3 Product Overview
5.4.11 Toyota Motor Corporation
5.4.11.1 Company Overview
5.4.11.2 Electric Vehicle Production
5.4.11.3 Product Overview
5.4.12 Bayerische Motoren Werke AG
5.4.12.1 Company Overview
5.4.12.2 Electric Vehicle Production
5.4.12.3 Product Overview
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.2 Data Triangulation
6.3 Market Estimation and Forecast
6.3.1 Factors for Data Prediction and Modeling
Table 1: Immersion Cooling Fluids Market for EVs Overview
Table 2: Need to Use Immersion Cooling Technology
Table 3: Comparative Analysis: Liquid Cooling Vs. Immersion Cooling
Table 4: Government Initiatives for Electric Vehicles
Table 5: Programs by Research Institutions and Universities
Table 6: Key Patent Mapping for Immersion Colling Fluids Market for EVs
Table 7: Key Initiatives by Companies in the Immersion Cooling Fluids Market for EVs
Table 8: Impact of Business Drivers
Table 9: Effect of Thermal Conditions on EV Batteries
Table 10: Impact of Business Restraints
Table 11: Impact of Business Opportunities
Table 12: Immersion Cooling Fluids Market for EVs (by Vehicle Type), Million Liters, 2021-2032
Table 13: Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 14: Immersion Cooling Fluids Market for EVs (by Propulsion Type), Million Liters, 2021-2032
Table 15: Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 16: Immersion Cooling Fluids Market for EVs (by Application), Million Liters, 2021-2032
Table 17: Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 18: Single-Phase Coolant Vs Two-Phase Coolant
Table 19: Immersion Cooling Fluids Market for EVs (by Product Type), Million Liters, 2021-2032
Table 20: Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 21: Immersion Cooling Fluids Market for EVs (by Chemistry), Million Liters, 2021-2032
Table 22: Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 23: Immersion Cooling Fluids Market for EVs (by Region), Million Liters, 2021-2032
Table 24: Immersion Cooling Fluids Market for EVs (by Region), $Million, 2021-2032
Table 25: North America Immersion Cooling Fluids Market for EVs (by Vehicle Type), Million Liters, 2021-2032
Table 26: North America Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 27: North America Immersion Cooling Fluids Market for EVs (by Propulsion Type), Million Liters, 2021-2032
Table 28: North America Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 29: North America Immersion Cooling Fluids Market for EVs (by Application), Million Liters, 2021-2032
Table 30: North America Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 31: North America Immersion Cooling Fluids Market for EVs (by Product Type), Million Liters, 2021-2032
Table 32: North America Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 33: North America Immersion Cooling Fluids Market for EVs (by Chemistry), Million Liters, 2021-2032
Table 34: North America Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 35: U.S. Immersion Cooling Fluids Market for EVs (by Vehicle Type), Million Liters, 2021-2032
Table 36: U.S. Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 37: U.S. Immersion Cooling Fluids Market for EVs (by Propulsion Type), Million Liters, 2021-2032
Table 38: U.S. Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 39: U.S. Immersion Cooling Fluids Market for EVs (by Application), Million Liters, 2021-2032
Table 40: U.S. Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 41: U.S. Immersion Cooling Fluids Market for EVs (by Product Type), Million Liters, 2021-2032
Table 42: U.S. Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 43: U.S. Immersion Cooling Fluids Market for EVs (by Chemistry), Million Liters, 2021-2032
Table 44: U.S. Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 45: Canada Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 46: Canada Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 47: Canada Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 48: Canada Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 49: Canada Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 50: Canada Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 51: Canada Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 52: Canada Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 53: Canada Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 54: Canada Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 55: Mexico Immersion Cooling Fluids Market for EVs (by Vehicle Type), Liters, 2021-2032
Table 56: Mexico Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Thousand, 2021-2032
Table 57: Mexico Immersion Cooling Fluids Market for EVs (by Propulsion Type), Liters, 2021-2032
Table 58: Mexico Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Thousand, 2021-2032
Table 59: Mexico Immersion Cooling Fluids Market for EVs (by Application), Liters, 2021-2032
Table 60: Mexico Immersion Cooling Fluids Market for EVs (by Application), $Thousand, 2021-2032
Table 61: Mexico Immersion Cooling Fluids Market for EVs (by Product Type), Liters, 2021-2032
Table 62: Mexico Immersion Cooling Fluids Market for EVs (by Product Type), $Thousand, 2021-2032
Table 63: Mexico Immersion Cooling Fluids Market for EVs (by Chemistry), Liters, 2021-2032
Table 64: Mexico Immersion Cooling Fluids Market for EVs (by Chemistry), $Thousand, 2021-2032
Table 65: Europe Immersion Cooling Fluids Market for EVs (by Vehicle Type), Million Liters, 2021-2032
Table 66: Europe Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 67: Europe Immersion Cooling Fluids Market for EVs (by Propulsion Type), Million Liters, 2021-2032
Table 68: Europe Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 69: Europe Immersion Cooling Fluids Market for EVs (by Application), Million Liters, 2021-2032
Table 70: Europe Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 71: Europe Immersion Cooling Fluids Market for EVs (by Product Type), Million Liters, 2021-2032
Table 72: Europe Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 73: Europe Immersion Cooling Fluids Market for EVs (by Chemistry), Million Liters, 2021-2032
Table 74: Europe Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 75: Germany Immersion Cooling Fluids Market for EVs (by Vehicle Type), Million Liters, 2021-2032
Table 76: Germany Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 77: Germany Immersion Cooling Fluids Market for EVs (by Propulsion Type), Million Liters, 2021-2032
Table 78: Germany Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 79: Germany Immersion Cooling Fluids Market for EVs (by Application), Million Liters, 2021-2032
Table 80: Germany Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 81: Germany Immersion Cooling Fluids Market for EVs (by Product Type), Million Liters, 2021-2032
Table 82: Germany Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 83: Germany Immersion Cooling Fluids Market for EVs (by Chemistry), Million Liters, 2021-2032
Table 84: Germany Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 85: France Immersion Cooling Fluids Market for EVs (by Vehicle Type), Million Liters, 2021-2032
Table 86: France Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 87: France Immersion Cooling Fluids Market for EVs (by Propulsion Type), Million Liters, 2021-2032
Table 88: France Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 89: France Immersion Cooling Fluids Market for EVs (by Application), Million Liters, 2021-2032
Table 90: France Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 91: France Immersion Cooling Fluids Market for EVs (by Product Type), Million Liters, 2021-2032
Table 92: France Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 93: France Immersion Cooling Fluids Market for EVs (by Chemistry), Million Liters, 2021-2032
Table 94: France Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 95: Italy Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 96: Italy Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Thousand, 2021-2032
Table 97: Italy Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 98: Italy Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 99: Italy Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 100: Italy Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 101: Italy Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 102: Italy Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 103: Italy Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 104: Italy Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 105: Spain Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 106: Spain Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 107: Spain Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 108: Spain Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 109: Spain Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 110: Spain Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 111: Spain Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 112: Spain Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 113: Spain Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 114: Spain Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 115: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 116: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 117: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 118: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 119: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 120: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 121: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 122: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 123: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 124: Rest-of-Europe Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 125: U.K. Immersion Cooling Fluids Market for EVs (by Vehicle Type), Million Liters, 2021-2032
Table 126: U.K. Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 127: U.K. Immersion Cooling Fluids Market for EVs (by Propulsion Type), Million Liters, 2021-2032
Table 128: U.K. Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 129: U.K. Immersion Cooling Fluids Market for EVs (by Application), Million Liters, 2021-2032
Table 130: U.K. Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 131: U.K. Immersion Cooling Fluids Market for EVs (by Product Type), Million Liters, 2021-2032
Table 132: U.K. Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 133: U.K. Immersion Cooling Fluids Market for EVs (by Chemistry), Million Liters, 2021-2032
Table 134: U.K. Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 135: China Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 136: China Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 137: China Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 138: China Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 139: China Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 140: China Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 141: China Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 142: China Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 143: China Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 144: China Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 145: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 146: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 147: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 148: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 149: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 150: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 151: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 152: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 153: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 154: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 155: Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 156: Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Million, 2021-2032
Table 157: Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 158: Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Million, 2021-2032
Table 159: Japan Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 160: Japan Immersion Cooling Fluids Market for EVs (by Application), $Million, 2021-2032
Table 161: Japan Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 162: Japan Immersion Cooling Fluids Market for EVs (by Product Type), $Million, 2021-2032
Table 163: Japan Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 164: Japan Immersion Cooling Fluids Market for EVs (by Chemistry), $Million, 2021-2032
Table 165: South Korea Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 166: South Korea Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Thousand, 2021-2032
Table 167: South Korea Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 168: South Korea Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Thousand, 2021-2032
Table 169: South Korea Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 170: South Korea Immersion Cooling Fluids Market for EVs (by Application), $Thousand, 2021-2032
Table 171: South Korea Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 172: South Korea Immersion Cooling Fluids Market for EVs (by Product Type), $Thousand, 2021-2032
Table 173: South Korea Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 174: South Korea Immersion Cooling Fluids Market for EVs (by Chemistry), $Thousand, 2021-2032
Table 175: India Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 176: India Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Thousand, 2021-2032
Table 177: India Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 178: India Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Thousand, 2021-2032
Table 179: India Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 180: India Immersion Cooling Fluids Market for EVs (by Application), $Thousand, 2021-2032
Table 181: India Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 182: India Immersion Cooling Fluids Market for EVs (by Product Type), $Thousand, 2021-2032
Table 183: India Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 184: India Immersion Cooling Fluids Market for EVs (by Chemistry), $Thousand, 2021-2032
Table 185: Australia Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 186: Australia Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Thousand, 2021-2032
Table 187: Australia Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 188: Australia Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Thousand, 2021-2032
Table 189: Australia Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 190: Australia Immersion Cooling Fluids Market for EVs (by Application), $Thousand, 2021-2032
Table 191: Australia Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 192: Australia Immersion Cooling Fluids Market for EVs (by Product Type), $Thousand, 2021-2032
Table 193: Australia Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 194: Australia Immersion Cooling Fluids Market for EVs (by Chemistry), $Thousand, 2021-2032
Table 195: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), Liters, 2021-2032
Table 196: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Thousand, 2021-2032
Table 197: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), Liters, 2021-2032
Table 198: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Thousand, 2021-2032
Table 199: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Application), Liters, 2021-2032
Table 200: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Application), $Thousand, 2021-2032
Table 201: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Product Type), Liters, 2021-2032
Table 202: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Product Type), $Thousand, 2021-2032
Table 203: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Chemistry), Liters, 2021-2032
Table 204: Rest-of-Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs (by Chemistry), $Thousand, 2021-2032
Table 205: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Vehicle Type), Thousand Liters, 2021-2032
Table 206: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Vehicle Type), $Thousand, 2021-2032
Table 207: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Propulsion Type), Thousand Liters, 2021-2032
Table 208: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Propulsion Type), $Thousand, 2021-2032
Table 209: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Application), Thousand Liters, 2021-2032
Table 210: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Application), $Thousand, 2021-2032
Table 211: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Product Type), Thousand Liters, 2021-2032
Table 212: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Product Type), $Thousand, 2021-2032
Table 213: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Chemistry), Thousand Liters, 2021-2032
Table 214: Rest-of-the-World Immersion Cooling Fluids Market for EVs (by Chemistry), $Thousand, 2021-2032
Table 215: Market Share Analysis, 2021
Table 216: FUCHS: Product and Service Portfolio
Table 217: FUCHS: Product Development
Table 218: FUCHS: Mergers and Acquisitions
Table 219: FUCHS: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 220: The Lubrizol Corporation: Product and Service Portfolio
Table 221: The Lubrizol Corporation: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 222: 3M: Product and Service Portfolio
Table 223: Castrol Limited: Product and Service Portfolio
Table 224: Castrol Limited: Product Development
Table 225: Castrol Limited: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 226: M&I Materials Ltd.: Product and Service Portfolio
Table 227: M&I Materials Ltd.: Product Development
Table 228: M&I Materials Ltd.: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 229: Engineered Fluids: Product and Service Portfolio
Table 230: Shell plc: Product and Service Portfolio
Table 231: Shell plc: Product Development
Table 232: TotalEnergies SE: Product and Service Portfolio
Table 233: TotalEnergies SE: Product Development
Table 234: TotalEnergies SE: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 235: Cargill, Incorporated: Product and Service Portfolio
Table 236: Cargill, Incorporated: Product Development
Table 237: DOBER: Product and Service Portfolio
Table 238: LANXESS: Product and Service Portfolio
Table 239: XING Mobility: Product and Service Portfolio
Table 240: XING Mobility: Product Development
Table 241: XING Mobility: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 242: MAHLE GmbH: Product and Service Portfolio
Table 243: MAHLE GmbH: Product Development
Table 244: Kreisel Electric: Product and Service Portfolio
Table 245: Kreisel Electric: Market Development
Table 246: Kreisel Electric: Mergers and Acquisitions
Table 247: Kreisel Electric: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 248: E-MERSIV: Product and Service Portfolio
Table 249: Other Key Companies in Immersion Cooling Fluids for EVs Market
Table 250: Tesla Inc.: Product Overview
Table 251: Volkswagen AG.: Product Overview
Table 252: SAIC Motors: Product Overview
Table 253: BYD Co. Ltd.: Product Overview
Table 254: Stellantis N.V.: Product Overview
Table 255: General Motors: Product Overview
Table 256: Ford Motor Company: Product Overview
Table 257: Hyundai Motor Company: Product Overview
Table 258: Honda Motor Co., Ltd.: Product Overview
Table 259: Groupe Renault: Product Overview
Table 260: Toyota Motor Corporation: Product Overview
Table 261: Bayerische Motoren Werke AG: Product Overview
Figure 1: Immersion Cooling Fluids Market for EVs Overview, $Million, 2021-2032
Figure 2: Immersion Cooling Fluids Market for EVs (by Vehicle Type), Volume, 2021-2032
Figure 3: Immersion Cooling Fluids Market for EVs (by Propulsion Type), Volume, 2021-2032
Figure 4: Immersion Cooling Fluids Market for EVs (by Application), Volume, 2022-2032
Figure 5: Immersion Cooling Fluids Market for EVs (by Product Type), Volume, 2021-2032
Figure 6: Immersion Cooling Fluids Market for EVs (by Chemistry), Volume, 2021-2032
Figure 7: Immersion Cooling Fluids Market for EVs (by Region), Value, $Million, 2021
Figure 8: Immersion Cooling Fluids Market for EVs: Coverage
Figure 9: Electric Vehicle Trends: Current and Future
Figure 10: Immersion Cooling Fluids Market for EVs Supply Chain Analysis
Figure 11: Stakeholders in Immersion Cooling Fluids Market for EVs
Figure 12: Base Oil Groups for Immersion Cooling Fluid
Figure 13: Business Dynamics for Immersion Cooling Fluids Market for EVs
Figure 14: Driving Range of Various Electric Vehicles
Figure 15: Components in an EV Battery
Figure 16: Key Business Strategies, 2020-2022
Figure 17: Product Development (by Company), 2020-2022
Figure 18: Key Corporate Strategies, 2020-2022
Figure 19: Partnerships, Joint Ventures, Collaborations, and Alliances (by Company), 2020-2022
Figure 20: Coolants in EV Charging Cables
Figure 21: Timeline for Autonomous Vehicles
Figure 22: Immersion Cooling Fluids Market for EVs (by Vehicle Type)
Figure 23: Immersion Cooling Fluids Market for EVs (by Propulsion Type)
Figure 24: Component Structures for HEVs, PHEVs, and BEVs
Figure 25: Immersion Cooling Fluids Market for EVs (by Application)
Figure 26: Immersion Cooling Fluids Market for EVs (Passenger Vehicles), $Million and Million Liters, 2021-2032
Figure 27: Immersion Cooling Fluids Market for EVs (Light Commercial Vehicles), $Million and Million Liters, 2021-2032
Figure 28: Immersion Cooling Fluids Market for EVs (Heavy Commercial Vehicles), $Million and Million Liters, 2021-2032
Figure 29: Immersion Cooling Fluids Market for EVs (Battery Electric Vehicles), $Million and Million Liters, 2021-2032
Figure 30: Immersion Cooling Fluids Market for EVs (Hybrid Electric Vehicles), $Million and Million Liters, 2021-2032
Figure 31: Immersion Cooling Fluids Market for EVs (Plug-in Hybrid Electric Vehicles), $Million and Million Liters, 2021-2032
Figure 32: Immersion Cooling Fluids Market for EVs (EV Batteries), $Million and Million Liters, 2021-2032
Figure 33: Immersion Cooling Fluids Market for EVs (EV Motors), $Million and Million Liters, 2021-2032
Figure 34: Immersion Cooling Fluids Market for EVs (Power Electronics), $Million and Million Liters, 2021-2032
Figure 35: Immersion Cooling Fluids Market for EVs (by Product Type)
Figure 36: Immersion Cooling Fluids Market for EVs (by Chemistry)
Figure 37: Immersion Cooling Fluids Market for EVs (Single-Phase Coolant), $Million and Million Liters, 2021-2032
Figure 38: Immersion Cooling Fluids Market for EVs (Two-Phase Coolant), $Million and Million Liters, 2021-2032
Figure 39: Immersion Cooling Fluids Market for EVs (Mineral Oils), $Million and Million Liters, 2021-2032
Figure 40: Immersion Cooling Fluids Market for EVs (Synthetic Oils and Esters), $Million and Million Liters, 2021-2032
Figure 41: Immersion Cooling Fluids Market for EVs Opportunity Matrix (by Region), $Million
Figure 42: Immersion Cooling Fluids Market for EVs Opportunity Matrix (by Product Type), $Million
Figure 43: Immersion Cooling Fluids Market for EVs Opportunity Matrix (by Chemistry), $Million
Figure 44: Global Pricing Analysis (by Product Type), $USD/Liter, 2021-2032
Figure 45: Technology Roadmap for Electric Vehicles
Figure 46: Competitive Benchmarking in North America, 2021
Figure 47: North America Immersion Cooling Fluids Market for EVs, $Million and Million Liters, 2021-2032
Figure 48: Competitive Benchmarking in Europe, 2021
Figure 49: Europe Immersion Cooling Fluids Market for EVs, $Million and Million Liters, 2021-2032
Figure 50: Competitive Benchmarking in U.K., 2021
Figure 51: U.K. Immersion Cooling Fluids Market for EVs, $Million and Million Liters, 2021-2032
Figure 52: Competitive Benchmarking in China, 2021
Figure 53: China Immersion Cooling Fluids Market for EVs, $Million and Thousand Liters, 2021-2032
Figure 54: Competitive Benchmarking in Asia-Pacific and Japan, 2021
Figure 55: Asia-Pacific and Japan Immersion Cooling Fluids Market for EVs, $Million and Thousand Liters, 2021-2032
Figure 56: Competitive Benchmarking in Rest-of-the-World, 2021
Figure 57: Rest-of-the-World Immersion Cooling Fluids Market for EVs, $Thousand and Thousand Liters, 2021-2032
Figure 58: Competitive Benchmarking, 2021
Figure 59: FUCHS: R&D Expenditure, $Million, 2019-2021
Figure 60: 3M: R&D Expenditure, $Billion, 2019-2021
Figure 61: Shell plc: R&D Expenditure, $Million, 2019-2021
Figure 62: TotalEnergies SE: R&D Expenditure, $Million, 2019-2021
Figure 63: LANXESS: R&D Expenditure, $Million, 2019-2021
Figure 64: MAHLE GmbH: R&D Expenditure, $Million, 2019-2021
Figure 65: Electric Vehicle Production: Tesla Inc., 2019-2021
Figure 66: Electric Vehicle Production: Volkswagen AG, 2019-2021
Figure 67: Electric Vehicle Production: SAIC Motors, 2019-2021
Figure 68: Electric Vehicle Production: BYD Co. Ltd., 2019-2021
Figure 69: Electric Vehicle Production: Stellantis N.V., 2019-2021
Figure 70: Electric Vehicle Production: General Motors, 2019-2021
Figure 71: Electric Vehicle Production: Ford Motor Company, 2019-2021
Figure 72: Electric Vehicle Production: Hyundai Motor Company, 2019-2021
Figure 73: Electric Vehicle Production: Honda Motor Co., Ltd., 2019-2021
Figure 74: Electric Vehicle Production: Groupe Renault, 2019-2021
Figure 75: Electric Vehicle Production: Toyota Motor Corporation, 2019-2021
Figure 76: Electric Vehicle Production: Bayerische Motoren Werke AG, 2019-2021
Figure 77: Research Methodology
Figure 78: Data Triangulation
Figure 79: Top-Down and Bottom-Up Approach
Figure 80: Assumptions and Limitations
Market Report Coverage
|
Immersion Cooling Fluids Market for EVs |
|||
|
Base Year |
2021 |
Market Size in 2022 |
$262.2 Million |
|
Forecast Period |
2022-2032 |
Value Projection and Estimation by 2032 |
$3,837.0 Million |
|
CAGR During Forecast Period |
30.78% |
Number of Tables |
261 |
|
Number of Pages |
325 |
Number of Figures |
80 |
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing coverage, product portfolio, and market penetration.
Key Companies Profiled
Company Type 1: Immersion Cooling Fluids Manufacturers
• FUCHS
• The Lubrizol Corporation
• 3M
• Castrol Limited
• M&I Materials Ltd.
• Engineered Fluids
• Shell plc
• TotalEnergies SE
• Cargill, Incorporated
• Dober
• LANXESS
Company Type 2: Immersion Cooling System Providers
• XING Mobility
• MAHLE GmbH
• Kreisel Electric
• E-MERSIV
Company Type 3: Electric Vehicle Manufacturers Customer Outlook
• Tesla Inc.
• Volkswagen AG
• SAIC Motors
• BYD Co. Ltd.
• Stellantis N.V.
• General Motors
• Ford Motor Company
• Hyundai Motor Company
• Honda Motor Co., Ltd.
• Groupe Renault
• Toyota Motor Corporation
• Bayerische Motoren Werke AG
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different types of electric vehicle immersion cooling fluids products available by propulsion type (battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs)), vehicle type (passenger vehicles, light commercial vehicles, and heavy commercial vehicles), application (EV batteries, EV motors, and power electronics), product type (single-phase coolant and two-phase coolant), and chemistry (mineral oils and synthetic oils and esters). Increasing demand for electric vehicles worldwide is pushing the sales of immersion cooling fluids. Therefore, the immersion cooling fluids business is a high-investment and high-revenue generating model.
Growth/Marketing Strategy: The global immersion cooling fluids market for EVs is exponentially growing, with enormous opportunities for the market players. Some strategies covered in this segment are product launches, partnerships and collaborations, business expansions, and investments. The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the global immersion cooling fluids market for EVs.
Competitive Strategy: Key players in the global immersion cooling fluids market for EVs analyzed and profiled in the study involve immersion cooling fluids-based product manufacturers and immersion cooling system manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the global immersion cooling fluids market for EVs has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
Immersion Cooling Fluids Industry and Technology Overview
The global immersion cooling fluids market for EVs is projected to reach $3,837.0 million by 2032 from $205.8 million in 2021, growing at a CAGR of 30.78% during the forecast period 2022-2032. The growth in the global immersion cooling fluids market for EVs is expected to be driven by increasing sales of immersion cooling system-fitted electric vehicles worldwide.
Immersion Cooling Fluids Market Lifecycle Stage
Immersion cooling fluids used in electric vehicles are advancing technologically and are expected to grow faster in the forecast period. Key market development activities are expected to be boosted by ongoing research and development activities in manufacturing high-performance immersion cooling fluids.
The global immersion cooling fluids market for EVs is still in the growth phase. An increasing fleet of electric vehicles is propelling the sales of immersion cooling fluids in the market. As a result, the global immersion cooling fluids market for EVs is expected to flourish in the forecast period.
Figure 1: Immersion Cooling Fluids Market for EVs, $Million, 2021, 2022, and 2032
Impact
• The federal government and agencies are investing heavily in subsidies and infrastructure development to promote electric vehicles and reduce carbon dioxide emissions. These investments are propelling the growth of immersion cooling fluids.
• In 2021, the German government doubled its share of the environmental bonus as a new premium, which increased the subsidies for purchasing new EVs. Promoting green mobility, the German government announced the upgraded subsidy scheme, i.e., buyers of BEV and PHEV would get a subsidy of up to around $9,713 (9,000 euros) and around $7,285 (6,750 euros), respectively.
Market Segmentation:
Segmentation 1: by Propulsion Type
• Battery Electric Vehicles (BEVs)
• Hybrid Electric Vehicles (HEVs)
• Plug-in Hybrid Electric Vehicles (PHEVs)
Based on the propulsion type segment, the global immersion cooling fluids market for EVs is expected to be dominated by the battery electric vehicles segment during the forecast period.
Segmentation 2: by Vehicle Type
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles
In terms of vehicle type, passenger vehicles will dominate the global immersion cooling fluids market for EVs due to the expected growth in the fleet of these vehicles during the forecast period.
Segmentation 3: by Application
• EV Batteries
• EV Motors
• Power Electronics
The EV batteries segment is expected to lead the market in the forecast period under the application segment, as more than four-fifths of the total immersion cooling fluid goes into EV batteries.
Segmentation 4: by Product Type
• Single-Phase Coolant
• Two-Phase Coolant
The single-phase coolant segment is expected to dominate the immersion cooling fluids market for EVs as it is one of the most efficient and safe methods of controlling heat rejection for EV batteries, EV motors, and power electronics.
Segmentation 5: by Chemistry
• Mineral Oils
• Synthetic Oils and Esters
For the year 2021, the synthetic oils and esters segment dominated the global immersion cooling fluids market for EVs and is also expected to be the predominant segment throughout the forecast period.
Segmentation 6: by Region
• North America
• Asia-Pacific and Japan
• China
• Europe
• U.K.
• Rest-of-the-World
Europe is home to a number of immersion cooling fluids manufacturers. The region is expected to dominate the immersion cooling fluids market for EVs during the forecast period.
Recent Developments in the Immersion Cooling Fluids Market for EVs
• In June 2022, FUCHS acquired the lubricants business of Gleitmo Technik AB in Kungsbacka, Sweden, and will integrate it into its subsidiary FUCHS LUBRICANTS SWEDEN AB as of July 1, 2021, to strengthen its specialty business.
• In November 2021, Williams Advanced Engineering (WAE) and Castrol Limited entered a five-year technical partnership to co-develop high-performance electric vehicle (EV) fluids.
• In January 2021, MIVOLT and Faraday Future (FF), which is a worldwide shared intelligent mobility ecosystem company, entered a partnership to develop a fully submerged battery cooling system for its FF 91 luxury electric vehicle.
• In October 2022, Shell plc extended its globally available specialized fluids portfolio by introducing Shell E-Fluids to support battery electric (BEV) as well as fuel cell electric (FCEV) powertrains for commercial light, medium, and heavy goods vehicles.
• In July 2021, TotalEnergies SE launched a dedicated hybrid transmission fluid for Great Wall Motors. Great Wall Motors, China's leading car manufacturer, is a key player in the development of electric vehicles.
Demand - Drivers and Limitations
The following are the demand drivers for the immersion cooling fluids market for EVs:
• Rising Acceptance of Electric Vehicles
• Need to Increase the Driving Range of Electric Vehicles
• Thermal Management in Electric Vehicles
• Growing Need for Enhanced Electrification Components
• Immersion Cooling for the Electric Vehicle Batteries
The market is expected to face some limitations due to the following challenges:
• Higher Cost of Immersion Cooling Fluids for EVs
• Developing Environment-Friendly Electric Vehicle Fluids
• Complex Battery Chemistry and Amount of Immersion Cooling Fluid Needed
• Changes Required to be Made in the Construction of EV Batteries
• Lack of Knowledge About the Advantages of Immersion Cooling
Analyst View
According to Dhrubajyoti Narayan, Principal Analyst, BIS Research, "The immersion cooling fluids market for EVs is in the early stage and is expected to grow substantially in the forecast period. The rapid ongoing research and development activities are pushing the market growth significantly. Immersion cooling fluids producers are partnering with immersion cooling system manufacturers to enhance the performance of electric vehicle battery systems by optimizing fluid and hardware. A surge in battery electric vehicle sales growth is anticipated to boost the immersion cooling fluids market for EVs growth in the forecast period."
Immersion Cooling Fluids Market for EVs - A Global and Regional Analysis
Focus on Product, Application, and Country-Level Analysis - Analysis and Forecast, 2022-2032
Frequently Asked Questions
Immersion cooling fluids are liquids used for cooling electric vehicle components by immersing them in the fluid. The fluid acts as a heat transfer medium, absorbing heat generated by the components and dissipating it to the surrounding environment. Some examples of immersion cooling fluids include phase change materials, dielectric fluids, and thermally conductive fluids.
The key business opportunities in the global immersion cooling fluids market for EVs include coolants for EV electronics and charging port cables, stringent regulations by government bodies for a sustainable EV environment, and a growing trend for the development of autonomous vehicles.
Partnerships, joint ventures, collaborations, and alliances has been one of the most prominent approaches adopted by market leaders to strengthen their market position. For instance, in April 2021, XING Mobility and Castrol Limited entered a partnership to develop XING Mobility's immersion cooling battery technology. Castrol would use its advanced thermal management fluid in this endeavor to provide unprecedented power and safety to the rapidly expanding electric vehicle (EV) market.
A new entrant can focus on launching new immersion cooling fluids products specific to each propulsion type and vehicle type. This will give electric vehicle manufacturers flexibility in choosing the right immersion cooling fluid for specific applications.
The following can be seen as some of the USPs of the report:
• Extensive competitive benchmarking of the players (immersion cooling fluids manufacturers and immersion cooling system manufacturers) to offer a holistic view of the immersion cooling fluids market for EVs landscape
• 15 company profiles, including Immersion cooling fluids manufacturers and immersion cooling system manufacturers
• Market ranking analysis based on product portfolio, recent developments, and regional spread
• Segmentation by product type, chemistry, application, propulsion type, and vehicle type provided in the report
• Market share analysis of key players in the immersion cooling fluids market for EVs
Immersion cooling fluid manufacturers, electric vehicle OEM manufacturers, and immersion cooling system manufacturers should buy this report.