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Top 25 Immersion Cooling Companies to Watch in 2025 and Beyond

Explore the leading immersion cooling companies redefining performance and sustainability for data centers, HPC, AI, and more. Gain actionable competitive insights, market trends, and in-depth competitive analysis from the Immersion Cooling Market by Cooling Technology, Components, Cooling Capacity, Coolant Type, End User Industry, Application - Global Forecast to 2030 report.

Industry Leaders Shaping the Immersion Cooling Market Landscape

The immersion cooling market is experiencing remarkable growth, projected to reach nearly $16 billion by 2030 at a CAGR exceeding 21%. With mounting requirements for high-density computing, sustainability imperatives, and operational efficiency, the industry’s top players are setting new benchmarks for thermal management, environmental impact, and next-gen innovation.

In-depth analysis highlights strategic technology investments, ecosystem partnerships, and regulatory adaptation as central to market leadership. Here are the 25 standout companies at the forefront in 2025 and beyond:

1. 3M Company

3M is globally recognized for its portfolio of advanced fluorocarbon-based cooling fluids, offering industry-leading safety and efficiency for high-performance data centers. The company’s R&D focus continually advances the boundaries of dielectric fluid technology, making it a trusted partner in mission-critical immersion cooling initiatives.

2. AMAX Engineering Corporation

AMAX delivers custom immersion cooling solutions prioritizing scalability, system integration, and energy efficiency. Their expertise lies in tailored deployments for AI, edge computing, and high-density environments, helping clients navigate complex migration and performance challenges.

3. ASA Computers, Inc.

ASA Computers leverages decades of experience in data center hardware to engineer immersion cooling platforms that optimize cost, thermal reliability, and sustainability. Their value-driven approach facilitates seamless upgrades for legacy facilities and greenfield projects alike.

4. Asperitas

Asperitas is an innovation leader in single-phase immersion cooling solutions, known for robust system design and modularity. Their focus on environmental stewardship and lifecycle efficiency positions them at the heart of commercial and hyperscale sustainability transformations.

5. Bitfury Group Limited

Bitfury combines immersion cooling technology with expertise in blockchain infrastructure, driving reliable, eco-efficient cryptocurrency mining and AI deployments. Their ability to optimize for both performance and total cost of ownership makes Bitfury a key market player.

6. Boston Limited

Boston Limited specializes in high-density computing hardware, integrating immersion cooling to improve operational efficiency and heat management. Their partnerships with leading fluid and component producers foster leading-edge solutions for AI and research sectors.

7. Boyd Corporation

Boyd Corporation’s portfolio includes advanced thermal management materials and custom-engineered immersion cooling subsystems. Their holistic solutions deliver reliable performance for hyperscale data centers focused on minimizing down-time and energy use.

8. DCX INC.

DCX INC. is a pioneer in modular immersion tanks and turnkey cooling systems, enabling rapid deployment and ease of scaling. Their engineering depth helps clients tackle diverse use cases from telecom facilities to power distribution centers.

9. DUG Technology

DUG Technology leverages high-performance immersion-cooled supercomputers for scientific and geophysical computation. The company’s environmental ethos and focus on total lifecycle optimization set benchmarks in technical computing sustainability.

10. Engineered Fluids

Engineered Fluids specializes in the development and manufacture of proprietary synthetic dielectric fluids, targeting improved safety, cooling performance, and equipment compatibility for mission-critical immersion deployments worldwide.

11. Exxon Mobil Corporation

Exxon Mobil is a major supplier of high-grade mineral oils and synthetic coolants, capitalizing on its global supply chain and research hubs to drive innovation in industrial-scale immersion cooling applications, especially within oil, gas, and manufacturing sectors.

12. FUCHS LUBRICANTS CO.

FUCHS provides tailored dielectric fluid formulations for diverse end uses, with a commitment to optimizing thermal transfer, environmental compliance, and component longevity in rapidly scaling data center applications.

13. Fujitsu Limited

Fujitsu integrates immersion cooling into its IT infrastructure offerings, supporting robust AI, edge computing, and supercomputing platforms for global enterprises striving for zero-downtime and sustainability targets.

14. GIGA-BYTE Technology Co., Ltd.

GIGA-BYTE Technology develops high-density server hardware engineered for optimal performance in immersion cooling environments. They excel at enabling large-scale, energy-conscious compute clusters for cloud and research institutions.

15. Green Revolution Cooling Inc.

Green Revolution Cooling (GRC) stands at the forefront of open-bath single-phase immersion systems, serving hyperscale and edge clients. Their continuous innovation and field-validated ROI drive mass adoption in new and retrofitted facilities.

16. Iceotope Technologies Limited

Iceotope specializes in chassis-level immersion cooling, offering highly efficient solutions for edge and hybrid architectures. Their patented technology reduces water consumption and enables sustainable high-performance operations.

17. JULABO GmbH

JULABO brings precision temperature control and recirculating chillers to immersion cooling, delivering reliable heat dissipation for scientific, industrial, and data center applications demanding exact thermal consistency.

18. Kaori Heat Treatment Co., Ltd.

Kaori excels in custom-manufactured heat exchangers and cold plates, helping system integrators and data centers optimize heat removal in even the most challenging high-density setups.

19. LiquidCool Solutions, Inc.

LiquidCool Solutions pioneers closed-loop immersion cooling and boasts eco-friendly system designs tailored for noise-sensitive and space-constrained environments in healthcare, education, and smaller enterprise segments.

20. LiquidStack Holding B.V.

LiquidStack is renowned for high-capacity, two-phase immersion cooling systems that deliver extreme heat rejection and efficiency. Their solutions address the needs of hyperscale, AI, and edge deployments where density and performance are paramount.

21. Lubrizol Corporation

Lubrizol manufactures specialty chemicals and dielectric fluids advancing the safety, operational reliability, and environmental profile of immersion cooling technology in mission-critical sectors.

22. Royal Dutch Shell PLC

Shell leverages its global scale to provide advanced liquid coolants and technical consultancy, supporting sustainable immersion deployments from cloud hyperscalers to regional telco infrastructure.

23. Submer Technologies

Submer Technologies delivers modular, automated immersion cooling platforms distinguished by ease of deployment, IoT integration, and a strong sustainability narrative, appealing to forward-thinking enterprise clients.

24. The Dow Chemical Company

Dow produces high-performance synthetic and fluorocarbon-based fluids, engineered for optimal thermal conductivity and hardware compatibility. Their global R&D resources support evolving market needs and regulatory changes.

25. Wiwynn Corporation

Wiwynn is a systems integrator at the cutting edge of AI and hyperscale data center immersion cooling, known for innovation in server platform design, green engineering, and rapid deployment capabilities.

Unlock Complete Competitive Intelligence – Download the Full Immersion Cooling Market Report

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Explore the top 25 immersion cooling companies shaping the future of data centers, AI, and edge computing in 2025 and beyond. Market leaders, trends, and growth insights inside.