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Business Wire
30-07-2025
- Business
- Business Wire
Stringent EU Regulations on Energy Efficiency (e.g., EN50600, EU Taxonomy) Pushing Operators to Adopt Greener Solutions
DUBLIN--(BUSINESS WIRE)--The "Europe Data Center Cooling Market: Focus on Product, Application, and Country-Level Analysis - Analysis and Forecast, 2025-2035" report has been added to offering. The European data center cooling market is projected to reach $20.55 billion by 2035 from $6.76 billion in 2024, growing at a CAGR of 10.18% during the forecast period 2025-2035. The rise in data generation, cloud computing, and the expansion of digital infrastructure are driving the data centre cooling industry in Europe. Efficient cooling systems are becoming essential for preserving equipment reliability and uptime as the need for high-performance computing rises. Strict EU rules and sustainability goals have impacted the market, leading to a move towards low-energy, eco-friendly cooling technology. The region's adoption of sophisticated, energy-efficient cooling solutions is accelerating due to ongoing innovation and mounting pressure to cut energy usage, even while obstacles like high initial investment and system complexity still exist. The market for data centre cooling in Europe is changing quickly because to the exponential rise in workloads related to artificial intelligence, cloud computing, and data production. Effective thermal management has become essential for maintaining hardware longevity, operational continuity, and regulatory compliance as data centres grow in size and complexity. Energy-efficient solutions are a strategic focus for operators throughout the region because cooling systems can contribute up to 40% of a data center's overall energy consumption. The adoption of cutting-edge cooling technologies is mostly being driven by European nations, especially Germany, the Netherlands, Ireland, and the Nordics. These include direct-to-chip systems, liquid cooling, and free air cooling, which are made to manage high-density computing with little effect on the environment. Low-carbon, water-efficient, and environmentally friendly cooling techniques are becoming more popular in the region as a result of the push for sustainability brought about by EU climate rules, the Renewable Energy Directive, and the European Green Deal. Europe's diverse climates have an impact on cooling tactics as well. While southern nations need more durable solutions to sustain efficiency in hot conditions, northern locations benefit from ambient cold air to lessen reliance on mechanical systems. The European data centre cooling market is expected to continue to innovate and grow as regulatory pressure increases and digital infrastructure keeps growing. Market Trends, Drivers and Challenges of Europe Data Center Cooling Market Market Trends Shift toward liquid and immersion cooling to manage high-density AI and HPC workloads Rising focus on energy-efficient and sustainable cooling systems to meet ESG and carbon neutrality goals Adoption of free cooling and economizers in colder regions like Scandinavia to reduce energy consumption Growing use of AI and automation for real-time thermal management and predictive maintenance Integration of modular and prefabricated cooling solutions for faster deployment and scalability Increase in green data centers powered by renewable energy and eco-friendly cooling technologies Market Drivers Surge in data traffic and cloud computing demand driving data center expansion across Europe Stringent EU regulations on energy efficiency (e.g., EN50600, EU Taxonomy) pushing operators to adopt greener solutions Government incentives and sustainability mandates supporting low-carbon infrastructure development Need to reduce operational costs, particularly energy expenses tied to cooling (up to 40% of total energy use) Rise in edge data centers and colocation facilities, requiring compact and efficient cooling systems Market Challenges High upfront costs for advanced cooling technologies like liquid immersion and adiabatic systems Regulatory complexity and variations across European countries creating compliance difficulties Water usage concerns, especially in drought-prone regions, limiting the viability of water-based cooling Legacy infrastructure limitations slowing the transition to next-gen cooling methods Skilled labor shortage in cooling system design, integration, and maintenance across the region Key Market Players and Competition Synopsis This report crafts a strong competitive strategy tailored to the Europe data center cooling market. It evaluates market rivals, suggests methods to stand out, and offers guidance for maintaining a competitive edge. By adhering to these strategic directives, companies can position themselves effectively in the face of market competition, ensuring sustained prosperity and profitability. Some of the prominent names in this market are: Schneider Electric Asetek, Inc. Submer Munters ALFA LAVAL Condair Group Danfoss Johnson Controls International plc STLUZ DCX Liquid Cooling Systems Rittal GmbH & Co. KG Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2035 Estimated Market Value (USD) in 2025 $7.8 Billion Forecasted Market Value (USD) by 2035 $20.55 Billion Compound Annual Growth Rate 10.1% Regions Covered Europe Expand Key Topics Covered: 1 Markets 1.1 Trends: Current and Future Impact Assessment 1.1.1 Trends Shaping Data Center Cooling Market 1.1.2 Increase in Data Requirements 1.1.2.1 Increasing Rack Power Density - New Data Center Reality 1.1.2.2 5G Services to Drive Exponential Growth in Data Centers 1.1.3 Growth in Demand for Environment-Friendly Cooling Systems 1.1.3.1 Carbon Neutrality 1.1.3.2 Utilization of Renewable Energies 1.1.3.3 Green Initiatives by Government Body 1.1.4 New Data Center Trends toward Adoption of Liquid Cooling, 2024-2034 1.1.4.1 Case Study 1.1.4.1.1 Immersion Cooling Technology 1.1.4.1.1.1 Advancing Data Center Cooling Efficiency: The University of Leeds' Adoption of Fully Immersed Liquid-Cooled Servers 1.1.4.1.1.2 PeaSoup Cloud: Pioneering Eco-Friendly Cloud Services with Immersion Cooling Technology 1.2 Evaporative Cooling Market for Data Center Overview 1.3 Supply Chain Overview 1.4 Research and Development Review 1.5 Ecosystem and Ongoing Programs 1.6 Market Dynamics Overview 1.6.1 Market Drivers 1.6.1.1 High-Efficient Cooling Systems 1.6.1.1.1 Emerging Technologies Promote Cost-Effectiveness 1.6.1.1.2 AI-Assisted Automatic Cooling Control 1.6.1.1.3 Power Usage Effectiveness (PUE) Optimization with Economic Cooling Solutions 1.6.1.2 Increasing Number of Data Centers and Spendings 1.6.1.3 Thermal Energy Recovery Conversion from Data Centers 1.6.1.4 Water Usage Effectiveness Driving Adoption of Alternate Cooling Solutions 1.6.1.5 Retrofitting to a Free Cooling Data Center 1.6.2 Market Restraints 1.6.2.1 High Investment Costs for Non-Conventional Cooling Systems 1.6.2.2 Technical Challenges to Cooling Systems 1.6.2.2.1 Air and Free Cooling Systems Adaption Complexities 1.6.2.2.2 Reliability Limitations with Immersion Liquid Cooling 1.6.3 Business Opportunities 1.6.3.1 Growing Emphasis for Retrofit Data Center 1.6.3.2 Data Center Infrastructure Management for Power Management 1.6.3.3 Increasing Number of Distributed or Edge Data Centers 1.7 Key Start-Ups in the Europe Data Center Cooling Market 2 Regions 2.1 Regional Summary 2.2 Europe 2.2.1 Key Market Participants in Europe 2.2.2 Business Drivers 2.2.3 Business Challenges 2.2.4 Application 2.2.5 Product 2.2.6 Europe (By Country) 2.2.6.1 Germany 2.2.6.2 France 2.2.6.3 U.K. 2.2.6.4 Italy 2.2.6.5 Netherlands 2.2.6.6 Spain 2.2.6.7 Rest-of-Europe 3 Competitive Benchmarking & Company Profiles 3.1 Next Frontiers 3.2 Geographic Assessment 3.3 Competitive Landscape 3.4 Company Profiles 3.4.1 Schneider Electric 3.4.2 Asetek 3.4.3 Submer 3.4.4 Munters 3.4.5 ALFA LAVAL 3.4.6 Condair Group 3.4.7 Danfoss 3.4.8 Johnson Controls International 3.4.9 STULZ GMBH 3.4.10 DCX Liquid Cooling Systems 3.4.11 Rittal GmbH & Co. KG 3.5 Other Key Market Participants For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Sky News AU
23-05-2025
- Business
- Sky News AU
Korean bus explosion exposes dangerous flaw in Chris Bowen's dream to power Australia's future with 'immature' green hydrogen
In September, the South Korean government decreed that 25 per cent of its metropolitan bus fleet would be powered by hydrogen by the decade's end. Three months later, a hydrogen-fuelled bus exploded, sending debris into the face of a refuelling station attendant in the city of Chungju and injuring two innocent passers-by. This week, Hyundai recalled all 1,269 hydrogen buses operating in the country pending a safety review. The story received little coverage in Australia outside the pay-walled industry publication Hydrogen Insight. Yet it matters. It exposes the harsh truth: no amount of political will can force an immature technology to behave as promised. Green hydrogen is vital to the government's plan for net-zero emissions by 2050. In October, Chris Bowen set a target of producing a million tonnes of green hydrogen by the end of the decade, earmarking $8 billion in subsidies to achieve that goal. That won't happen, no matter how much borrowed money the government might throw at it. In Europe, EU member countries are scaling back their expectations and preparing to renege on their obligation under the European Union's Renewable Energy Directive, which set a target of 42 per cent green hydrogen usage in industry by 2030. In a Facebook post, Norwegian cabinet minister Ola Borten Moe admitted that the technology was "light years away from being justifiable or reasonable". Earlier this month, Europe's largest renewable-energy producer, Statkraft, announced that it would stop investing in new green hydrogen projects. The Norwegian company cited rising technology costs in its latest quarterly report, particularly in hydrogen and offshore wind. Yet Mr Bowen's vision of a clean, green future relies heavily on offshore wind linked to tree hydrogen production. Which begs the question: What does Mr Bowen know that European governments and renewable energy corporations don't? Why would the nascent technology jump to his command any more than it would to a direction from the EU? Last week, Mr Bowen claimed the government had a mandate for its energy policy and that Australia was on track to hit his 2030 target of a 43 per cent reduction in emissions relative to 2005. Labor's campaign director, Paul Erickson, repeated this week that emissions had been reduced under Labor thanks to the introduction of renewable energy. The numbers tell a different story. The Australian National Greenhouse Accounts, the audited balance sheet of the nation's emissions, shows that Australia's emissions have flatlined over the last two years, at around 29 per cent below the 2005 level. It may be a lagging indicator, but it stretches the limits of imagination to see how the lost ground can be recaptured in a mere five years. The scale of Labor's ambition set out in the parameters of the Australian Energy Market Operator's 2022 Integrated System Plan is breathtaking. Achieving Mr Bowen's targets would require retiring 60 per cent of coal generators by 2030, reducing capacity from 23GW to just 9GW. Yet the actual reduction in coal generation over the last three years is marginal at best. The Eraring Power station in NSW, which was supposed to close a year ago, is being kept alive until 2027 with support from the NSW Government. AEMO's real-time electricity production dashboard records that coal has produced 70 per cent of electricity in NSW over the last 12 months, 73 per cent in Queensland, and 64 per cent in Victoria. Yet Mr Bowen insists we're on track for an electricity grid powered by 82 per cent clean energy by 2030. The federal election should have prompted a vigorous debate about the precarious state of Australia's energy market. Yet there was none, thanks to the distraction of the Coalition's strategically flawed nuclear plan and Anthony Albanese's ruthless campaign to mislead the public about the cost. Seldom was Mr Albanese put on the spot and asked to reveal the cost of its weather-dependent energy system or whether it could actually be completed, given the many setbacks it has encountered. Instead, Mr Bowen has given us little more than green energy happy talk, a fantasy of outlandish proportions that insults our intelligence. He is preparing to deliver an even more ambitious target for 2035 despite the lack of credible means of meeting the existing target. The Liberal Party's decision to commit to Zero 2050 meant it was also committed to a promise it did not know how to keep. Peter Dutton deserves credit for breaking the nuclear taboo despite his inability to make a persuasive case for its adoption. It is hard to believe that the party would reverse course and abandon its nuclear commitment, although it must examine closely how it frames its arguments. Instead, it should take the next step by abandoning its net-zero commitment and treating voters like adults rather than pretending that a target that was plucked from the air can actually be met. The climate of international debate is moving quickly as countries acknowledge the economic consequences and technical charges. The modern Liberal Party Sussan Ley pledges to lead should have the courage to get ahead of the pack. If Labor won't face reality, someone must. Nick Cater is a senior fellow at Menzies Research Centre and a regular contributor to Sky News Australia
Yahoo
12-02-2025
- Business
- Yahoo
Global Biobased Propylene Glycol Market Poised for Steady Growth, Projected to Reach USD 7,956.5 Million by 2035
By 2035, biobased propylene glycol (PPG) sales in the USA are expected to reach USD 952 million, growing at 6.0% CAGR. This growth is driven by rising demand for sustainable personal care products, consumer preference for non-toxic ingredients, and USDA certification supporting biobased materials, pushing the industry toward eco-friendly innovation. NEWARK, Del, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Global sales of biobased propylene glycol are rising steadily, with a compound annual growth rate of 4.8% projected from 2024 to 2035. The market value was USD 4,533.0 million in 2023 and is expected to rise to USD 7,956.5 million by 2035. Historically, the industry has recorded a CAGR of 3.6%. For 2025, year-over-year growth is expected at 4.5%, which will bring the market value to USD 4,978.6 million. Sustainability and carbon footprint reduction have progressively gained focus on the biobased propylene glycol market. Since renewable sources, mainly vegetable oils, are used as feedstocks in its production, it provides the environment-friendly route to petroleum-based propylene glycol. Environmentally conscious concerns, increased need for green chemicals, and various government regulations further support bio-based products. And so, due to this new trend of green production processes on the part of the chemical industries, the markets are likely to expand. The bio-based propylene glycol market is witnessing robust growth driven by the increasing demand for sustainable and eco-friendly alternatives to petroleum-based chemicals. Propylene glycol derived from renewable resources such as glycerin and glucose has gained traction due to its lower carbon footprint and reduced dependency on fossil fuels. The market benefits from the rising awareness among industries and consumers about environmental preservation and the adoption of green technologies. Discover key market opportunities – Request your sample report now! Key Growth Factors Driving the Industry Environmental Concerns: Consumers and industries are now opting for greener and renewable alternatives to petroleum-based products. Biobased propylene glycol has a lower carbon footprint, which goes in line with sustainable development goals.. Government Regulations: Most governments across the world are forcing companies to shift towards renewable chemicals through incentives that motivate companies to embrace sustainability in their systems. Some of the key regulations that have been influential in establishing demand include the Green Chemistry Initiative in the United States and the European Union's Renewable Energy Directive. Growing Industrial Applications: With huge applications of this chemical in foods, drugs, cosmetics, as well as other de-ice solutions, massive market drives increase. Increasing requirement for sustainability over these industrial sources propels high demand for a biobased propylene glycol. Consumer Preference: Growing awareness among consumers about the environmental impact of products they utilize in daily life has been forcing industries to use biobased and sustainable alternatives. Applications of Biobased Propylene Glycol Food and Beverages: Biobased propylene glycol will be utilized in food products like ice cream, baked goods, and salad dressings to prevent moisture migration through the process of acting as a humectant, emulsifier, and stabilizer, thus addressing safer and sustainable needs. Pharmaceuticals: It is used as a solvent in pharmaceutical formulations, like oral, topical, and injectable drugs. Its use as a carrier for APIs ensures stability and controlled release. Cosmetics and Personal Care: It is applied in the production of moisturizers, shampoos, and deodorants among other products due to its property of holding moisture and thus enhancing the consistency of the product. Automotive and Industrial Applications: Biobased propylene glycol is utilized for antifreeze and de-icing fluids. The growth in sustainable de-icing fluids demand will increase the demand for biobased propylene glycol in the automotive Takeaways from the Biobased Propylene Glycol Market The global biobased propylene glycol market is projected to grow from USD 4,533 million in 2023 to USD 7,956 million by 2035, with a CAGR of 4.8%. The nontoxic, biodegradable properties of biobased PG have led it to be one of the alternatives for use in the food, cosmetics, and construction industries that are going green. Growing demand for sustainable building materials has fueled the adoption of biobased PG in adhesives and sealants. Biobased PG is transforming the aviation by offering environment-friendly, non-toxic alternative to toxic ethylene glycol-based deicing fluids. Sugarcane, corn, soy, and other renewable feedstocks form the backbone of biobased PG production. Biobased PG also aids in the emergence of an industrially viable, more sustainable, biodegradable plastics industry. Sustainability initiatives and strict regulations are driving industries to adopt eco-friendly, bio-based solutions like biodegradable and non-toxic propylene glycol, reducing reliance on Drivers of the Biobased Propylene Glycol Market Corporate Sustainability Initiatives: Increasingly, firms are embracing sustainability goals, meaning that their utilization of renewable chemicals such as biobased propylene glycol is rising in order to live up to the environmental expectations. Growing Demand in the Food and Beverage Industry: Propylene glycol biobased is being accepted widely as a stabilizer, emulsifier, and humectant in food products, which is increasing the demand. Expansion in the Cosmetics and Personal Care Industry: Demand for natural and sustainable ingredients in skin care, hair care, and beauty products will continue to force the use of biobased propylene glycol. Regulatory Push for Green Chemicals: Stringent environmental regulations are encouraging industries to switch from petroleum-based to renewable chemicals, such as biobased propylene glycol. Cost-effectiveness in Long Term: As production efficiencies improve, the long-term cost savings of using renewable chemicals are becoming more attractive to industries. Rising Demand in Pharmaceuticals: With a growing need for sustainable excipients in pharmaceutical formulations, the role of biobased propylene glycol in the pharmaceutical sector is very prominent. Discover new opportunities and gain transformative insights with our Polymers & Plastics Industry Reports! Challenges Faced by Biobased Propylene Glycol Market Higher Production Costs: Biobased propylene glycol production remains more expensive than its petroleum-based counterpart, which can deter widespread adoption, particularly in cost-sensitive industries. Fluctuating Raw Material Prices: The raw material prices, mainly vegetable oils and corn, have a fluctuation pattern as per the agricultural condition, thereby having an effect on the cost structure and stability of the biobased propylene glycol market. Limited Production Capacity: The production capacity of biobased propylene glycol still lags far behind that of conventional propylene glycol and may impact the supply and scale. Lack of Consumer Awareness: There is still very little awareness of biobased propylene glycol among consumers and businesses despite growing demand for sustainable products, which slows broader market penetration. Technological Challenges: Development is still ongoing, and the perfect technology to support large-scale production of biobased propylene glycol with consistency and lower cost has yet to be perfected. Competition from Petroleum-Based Alternatives: The large-scale use of petroleum-based propylene glycol, along with its established infrastructure and lower cost, continues to be a major challenge to the growth of biobased Landscape of the Biobased Propylene Glycol Market The key players in the bio-based propylene glycol industry are increasing their production to meet demand in such areas as automotive, personal care, and food & beverage. Advanced technologies ensure consistent quality and competitiveness in the sustainable chemicals market. Companies are also engaging in strategic alliances to innovate and expand product offerings, entering pharmaceuticals and coolants for automotive industries. Expansion into other geographic locations allows the companies to venture into new markets and tap into the growth in demand for environmentally friendly products in developing economies. Recent Development in Biobased Propylene Glycol Market March 21, 2024, Dow announced the launch of two new sustainable varieties of propylene glycol (PG) solutions in North America, featuring bio-circular and circular feedstocks. These solutions are suitable for a wide range of applications, allowing customers to offer high-performance products with externally verified sustainability benefits through a mass balance approach. Key Players Cargill, Incorporated Dow Inc. BASF SE ADM (Archer Daniels Midland) LyondellBasell Industries Huntsman Corporation Repsol S.A. SK Global Chemical P&G Chemicals GLOBAL BioChem Technology Group Access the Full Report Biobased Propylene Glycol Market Trends and Projections Now! Key Segments of the Industry By Source In terms of Sources, the industry is divided into Corn-Based, Sugarcane-Based, Soy-Based, and Others. By Application In terms of Application, the industry is divided into Unsaturated Polyester Resins (UPR), Personal Care and Cosmetics, Pharmaceuticals, Food and Beverage, Automotive and Industrial Coolants, Adhesives and Sealants, Deicing Fluids, and Others. Source: Have a Look at the Related Reports of the Chemicals & Materials Domain: The microfiber synthetic leather market size is expected to grow from USD 3.6 billion in 2025 to USD 6.5 billion by 2035, with a 6.1% CAGR. The powder injection molding market value is projected to grow from USD 4.79 billion in 2025 to USD 11.77 billion by 2035, with a 9.4% CAGR. Sales of conductive plastics is expected to grow from USD 4.5 billion in 2025 to USD 10.1 billion by 2035, with an 8.3% CAGR. The polymer emulsion market value is estimated to grow from USD 28.51 billion in 2025 to USD 51.53 billion by 2035, with a 6.1% CAGR. The demand for bio-plasticizers is expected to grow from USD 3.53 billion in 2025 to USD 7.70 billion by 2035, with an 8.1% CAGR. The polypropylene market size is projected to grow from USD 99.28 billion in 2025 to USD 154.17 billion by 2035, with a 4.5% CAGR. The synthetic polyisoprene rubber market value is expected to grow from USD 3.65 billion in 2025 to USD 7.07 billion by 2035, with a 6.8% CAGR. Sales of green and bio-based polyol is projected to grow from USD 11.62 billion in 2025 to USD 35.65 billion by 2035, with an 11.7% CAGR. The chlorinated polyethylene market size is expected to grow from USD 889.3 million in 2024 to USD 1,780.7 million by 2034, with a 7.2% CAGR. The global monofilament market value is projected to grow from USD 2.59 billion in 2024 to USD 4.24 billion by 2034, with a 5.1% CAGR. About Future Market Insights (FMI) Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise. Contact Us: Future Market Insights Corporate, 200 Continental Drive,Suite 401, Newark, Delaware – 19713, USAT: +1-347-918-3531For Sales Enquiries: sales@ Twitter| Blogs | YouTubeSign in to access your portfolio
