Electronic Fluoride Liquid Market Summary
According to the new market research report “Global Electronic Fluoride Liquid Market Report 2024-2030”, published by QYResearch, the global Electronic Fluoride Liquid market size is projected to reach USD 1.6 billion by 2030, at a CAGR of 4.9% during the forecast period.
- Global Electronic Fluoride Liquid Market Size (US$ Million), 2019-2030
Above data is based on report from QYResearch: Global Electronic Fluoride Liquid Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
- Global Electronic Fluoride Liquid Top 12Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Above data is based on report from QYResearch: Global Electronic Fluoride Liquid Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Electronic Fluoride Liquid include 3M, Solvay, etc. In 2023, the global top three players had a share approximately 69.0% in terms of revenue.
- Electronic Fluoride Liquid, Global Market Size, Split by Product Segment
Based on or includes research from QYResearch: Global Electronic Fluoride Liquid Market Report 2024-2030.
In terms of product type, currently Hydrofluoroether is the largest segment, hold a share of 48.6%.
- Electronic Fluoride Liquid, Global Market Size, Split by Application Segment
Based on or includes research from QYResearch: Global Electronic Fluoride Liquid Market Report 2024-2030.
In terms of product application, currently Data Center is the largest segment, hold a share of 34.7%.
Market Drivers:
In the application of immersion (contact) liquid cooling technology, in addition to hardware equipment requirements, liquid coolant is also one of the most critical factors. Compared with other types of coolant, fluorinated liquid has better overall performance and is an ideal liquid cooling material. With the innovative development of AI, cloud computing, big data and other technologies, data centers and communication equipment as information infrastructure bear an increasing amount of calculations. Traditional air cooling can no longer meet the above heat dissipation needs, and liquid cooling technology has emerged.
Restraint:
The IMF predicts that the world economy will continue to grow at a rate of 3.2% in 2024 and 2025, the same growth rate as in 2023. Economic growth in advanced economies will accelerate slightly, from 1.6% in 2023 to 1.7% in 2024 and 1.8% in 2025, but will be offset by a slight slowdown in growth in emerging market and developing economies. Offsetting this, the latter’s growth is expected to fall from 4.3% in 2023 to 4.2% in 2024 and 2025. The forecast for global economic growth five years from now is 3.1%, the lowest level in decades. In addition, the global political landscape continues to be turbulent, and the Russia-Ukraine conflict has profoundly affected the future geopolitical landscape of the world. There is a profound geopolitical background and historical origin behind the Russia-Ukraine conflict. It is the result of the combined effect of multiple factors such as history and culture, ethnic conflicts, geopolitics, and the game of great powers. The situation in the Middle East continues to deteriorate, and the global political landscape is increasingly fragmented.
Opportunity:
The increase in computing power demand in recent years has directly promoted social progress. With the advent of the new infrastructure era, 5G networks, artificial intelligence and the industrial Internet will develop rapidly, and social and economic progress will have a huge demand for computing power. In this case, large data centers and service near-fields that provide super computing power The construction and deployment of edge data centers for data processing will surely accelerate. To solve this high energy consumption problem, the heat dissipation capabilities of traditional air-cooled and water-cooled air conditioners will be insufficient, and can only be solved through liquid cooling. Liquid cooling technology not only cools quickly and consumes low energy, but is also quite environmentally friendly.
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