3M(US:MMM) DT新材料·2025-06-07 13:13Core Viewpoint - The article discusses the increasing demand for cooling solutions in data centers driven by artificial intelligence applications, highlighting the transition from air cooling to immersion liquid cooling technology, particularly the use of fluorinated liquids as an ideal cooling material [1][2]. Group 1: Market Overview - The global market for immersion cooling liquids in data centers is expected to reach 100,000 tons by 2025, translating to an estimated market size of approximately 20 billion yuan at an average price of 200 yuan/kg [1]. - The current supply of high-performance electronic fluorinated liquids is dominated by foreign companies such as 3M, Solvay, AGC, and Chemours [1]. Group 2: Key Players - 3M announced its exit from the production of perfluoroalkyl and polyfluoroalkyl substances (PFAS) by the end of 2025, which is expected to significantly impact the global semiconductor cooling liquid market and create opportunities for domestic companies [3]. - Solvay provides fluorinated liquids like Fomblin YLVAC25/6, which are non-flammable and have high thermal stability, making them suitable for data center liquid cooling [7]. - AGC offers ASAHIKLIN AC-6000 and AE series fluorinated liquids, which are primarily used in immersion cooling and electronic equipment cooling [9]. - Chemours has developed Opteon™ SF10, a special fluorinated liquid with low environmental impact, and is working on a new two-phase immersion cooling fluid expected to be commercially available by 2025 [10][11]. Group 3: Domestic Developments - Zhejiang Juhua Co., Ltd. has developed a high-performance cooling liquid specifically for large data centers, with a production capacity of 5,000 tons per year planned [13]. - Zhejiang Yongtai Technology Co., Ltd. is collaborating with the Chinese Academy of Sciences to produce high-performance electronic fluorinated liquids, targeting a production capacity of 10,000 tons per year [15]. - Guangzhou Tinci High-tech Materials Co., Ltd. is involved in the production of electronic fluorinated chemicals, leveraging its historical expertise in the field [16]. Group 4: Industry Trends - The article emphasizes the unique physicochemical properties of fluorinated liquids, which make them irreplaceable in high-end applications such as semiconductors and data centers [2]. - As technology advances and domestic production capabilities improve, the cost of liquid cooling solutions is expected to decrease, facilitating wider adoption in large-scale data centers [2].