EV BATTERY IMMERSION COOLANTS MARKET

INTRODUCTION

Battery heat management is a vital component of the functioning of electric vehicles (EVs).Cells must be maintained cool when under stress from driving and charging, or heated when exposed to freezing temperatures. This allows for more efficient battery operation and increases safety. 

This is commonly accomplished using a water cold plate at the battery pack's base or through water coolant lines between the cells. Immersion cooling is frequently hailed as the next-generation thermal management technique, yet there are significant challenges to its implementation.

Immersion cooling, as the name implies, requires immersing the battery cells in a dielectric fluid. The initial benefit is improved thermal contact and uniformity; the fluid directly touches considerably more of the cell than a cold fluid.

A coolant channel would assist to reduce a temperature gradient. It can extinguish a fire in the event of thermal runaway, depending on the fluid employed.Immersion can result in the removal of various components, including the cold plate, thermal interface materials, condenser, and chiller.

The improved heat management enables faster charging, which is a popular selling point for electric vehicles.The weight of the fluids is most people's first worry.

This is especially true for heavy hydrofluoroether compounds, which frequently have densities more than 1.5g/cm3. However, this can be minimized slightly by omitting other components (as mentioned above) or by using alternative forms of dielectric fluids, such as synthetic esters or other oil combinations with densities lower than that of water.

The necessity for appropriate space between the cells for fluid flow complicates the argument; this may not directly affect weight but may diminish the volumetric energy density of the pack.

The thermal conductivity and specific heat of dielectric fluids employed in this application are often much lower than those of water-glycol.

This implies that a larger fluid flow rate may be necessary; combine this with fluids that are sometimes more viscous than water and have differing chemical compatibility, and the fluid pumps and coolant hoses/seals are put to the test. In addition, ordinary battery modules are not meant to store fluid; so, the modules must be altered to minimize leaking and guarantee no corrosion occurs.

Immersion cooling in EVs has remained relatively restricted in recent years. Early adoption has occurred in a few market segments, including high-performance hybrids like McLaren and future Mercedes AMG plans, relatively niche luxury battery electric vehicles like Rimac and Faraday Future, and construction equipment via companies like XING Mobility and John Deere.

One feature that both segments have in common is the necessity for an extremely power-dense battery that is not necessarily very energy dense (for hybrids and construction).

The preceding applications have concentrated on single-phase immersion cooling, while players such as Carrar are concentrating on two-phase immersion cooling, implying that it can deliver even higher thermal performance, lower fluid quantities, and lower system pressure. However, two-phase immersion is unquestionably at a disadvantage.

On the material supplier side, there has been a considerably stronger push, with numerous existing material businesses providing fluids for these applications and forming collaborations to further develop the technology.

Players such as Castrol teaming with XING Mobility and FUCHS Lubricants partnering with Exoes are examples of this. 3M, on the other hand, has issued a ban on per- and polyfluoroalkyl substances (PFAS), including their Novec fluid, which is used in immersion applications.

Immersion cooling offers considerable advantages to the EV sector. IDTechEx sees obvious advantages for power-dense applications including high-performance hybrids, racing, and construction.

Luxury high-performance cars are not subject to high-volume manufacturing scales, and they also provide an excellent instant chance for immersion. A higher level of acceptance in the mass-market car sector is required.

A considerably more drastic change in the status quo would be necessary. Water-glycol cold plates are a tried-and-true technology with large charging capacities.

Given automotive development timescales, IDTechEx does not anticipate significant immersion deployment in the near future, but sees a greater opportunity later in the decade, with a 9-fold yearly fluid demand increase between, but remains a relatively small part of the overall automotive thermal management market.

EV BATTERY IMMERSION COOLANTS MARKET SIZE AND FORECAST

The Global EV Battery Immersion Coolants Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

EV BATTERY IMMERSION COOLANTS MARKET NEW PRODUCT LAUNCH

WattAlps has developed a groundbreaking new immersion cooling technology that pushes the boundaries of traditional lithium-ion batteries and has now been certified to two leading industry safety standards as battery-powered machines become increasingly popular, driven by concerns about the future of the planet.

Environmental concerns have fueled the electric battery business, with the desire to lessen the effect of heavy-duty machinery in particular being a substantial challenge.

WattAlps has spent ten years researching and developing its novel immersion cooling system, and it has received ISO 26262 and IEC 62619 certification for its technology, making it the only firm to achieve these difficult industry requirements with an immersion cooling battery.

WattAlps has used know-how and experience from the CEA French research institute.

WattAlps has improved the safety, performance, and longevity of lithium-ion batteries, opening up the possibility of developing 100%-electric industrial machinery. Indeed, scientific studies reveal that immersion cooling has a 25% longer lifespan than conventional cooling technologies, the ability to charge at twice the faster rates, and a lower danger of thermal runaway.

EV BATTERY IMMERSION COOLANTS MARKET COMPANY PROFILES

• ExxonMobil Chemical
• Exoes
• Lubrizol
• Ricardo
• Xing Mobility

THIS EV BATTERY IMMERSION COOLANTS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many  EV Battery Immersion Coolants are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV Battery Immersion Coolants    and key vendor selection criteria
3. Where are the EV Battery Immersion Coolants manufactured? What is the average margin per unit?
4. Market share of Global EV Battery Immersion Coolants    market  manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV Battery Immersion Coolants    in-house
6. 5 key predictions for next 5 years in Global EV Battery Immersion Coolants    market
7. Average B-2-B  EV Battery Immersion Coolants  market price in all segments
8. Latest trends in  EV Battery Immersion Coolants  market, by every market segment
9. The market size (both volume and value) of the  EV Battery Immersion Coolants market in 2024-2030 and every year in between?
10. Production breakup of  EV Battery Immersion Coolants    market, by suppliers and their OEM relationship