Immersion Cooling Fluids Compared: Hydrocarbons, Esters and Fluorinated Fluids

Six fluid families are used for immersion cooling. This comparison shows where each one is strong and where it needs attention.

Updated 9 November 2026 · Published by IsoTec

The fluid families

  • Mineral oils – refined petroleum oils, the oldest dielectric coolants.
  • PAO (polyalphaolefins) – synthetic hydrocarbons with narrow molecular distribution.
  • GTL fluids – synthetic hydrocarbons made from natural gas (gas-to-liquids).
  • Synthetic esters – mostly polyol esters, made from polyols and fatty acids.
  • Natural esters – refined vegetable oils (triglycerides), for example from rapeseed, soybean or sunflower.
  • Fluorinated fluids – fluorocarbons, hydrofluoroethers and fluoroketones; mostly used in two-phase systems.

Comparison table

PropertyMineral oilPAO / GTLSynthetic esterNatural esterFluorinated
Relative permittivityabout 2.2about 2.1about 3about 3mostly about 1.8–2; some grades higher
Flash / fire pointModerateRises with viscosityHigh; K-class grades above 300 °C fire pointVery highUsually non-flammable
Moisture toleranceLowLowHighHighLow water solubility
Oxidation stabilityModerateHighVery highLower – needs antioxidants and limited air contactVery high
Heat transferGoodGood; very low viscosity grades availableGood; higher thermal conductivity and specific heatGood; higher thermal conductivity, higher viscositySingle-phase moderate; two-phase very high
Material compatibilityGood, some elastomers swellGood, some elastomers swellMore polar – test plastics, elastomers, TIMsMore polar – test plastics, elastomers, TIMsGood; extraction of plasticisers possible
Fluorinated / PFASNoNoNoNoMostly yes
Fluid costLowModerateModerate to higherModerateHigh

Values are typical for each family; individual products differ. The data sheet of the specific fluid is decisive.

Mineral oils

Mineral oils are inexpensive and well known from transformers. The OCP Immersion Requirements, however, state that mineral oils should be avoided and that synthetic oils, synthetic esters or processed natural esters should be used. Typical concerns are variable composition, sulphur content and lower flash points at low viscosity.

Synthetic hydrocarbons (PAO and GTL)

PAO and GTL fluids are pure, stable and available in very low viscosities, which helps heat transfer and pumping. Their low permittivity is an advantage for high-speed signals. The trade-off: for hydrocarbons, a lower viscosity usually means a lower flash point, and their low water solubility means that free water can form quickly if moisture enters.

Synthetic esters

Synthetic polyol esters reach high flash and fire points, are very resistant to oxidation and dissolve much more water than hydrocarbons without losing dielectric strength. They typically have a higher thermal conductivity and specific heat than hydrocarbons of comparable viscosity. Their polarity requires compatibility testing of plastics, elastomers and thermal interface materials, and the fluid must be kept dry to prevent hydrolysis. Synthetic esters are well suited to tanks with air contact.

Natural esters

Natural esters are made from refined vegetable oils. They have very high fire points and high moisture tolerance. Because their fatty acids are partly unsaturated, they oxidise faster in contact with air and have a higher viscosity and pour point. In immersion tanks they need tight lids or inert gas, suitable antioxidants and regular monitoring. See natural vs synthetic esters.

Fluorinated fluids

Fluorinated fluids are non-flammable, and most grades have a low permittivity. They enable two-phase cooling, but they are expensive and most of them are PFAS. 3M announced its exit from PFAS production by the end of 2025, and the EU is preparing a broad PFAS restriction. See PFAS and immersion cooling.

How to choose

  1. Define the tank type (open, covered, sealed) and the operating temperatures.
  2. Set minimum fire safety values (OCP: flash point ≥ 150 °C; insurer and local requirements).
  3. Check viscosity against pump and flow design.
  4. Test compatibility with your server components.
  5. Check signal integrity if high-speed interfaces are immersed.
  6. Plan monitoring and fluid care.

The complete process: how to qualify an immersion cooling fluid.

Frequently asked questions

Which immersion cooling fluid has the best heat transfer?

Among single-phase fluids, esters typically have a higher thermal conductivity and specific heat than hydrocarbons of comparable viscosity. Low viscosity also improves heat transfer, which favours light hydrocarbons. The combination of both decides.

Why do esters have a higher permittivity?

Ester groups are polar. This raises the relative permittivity to about 3, compared with about 2 for hydrocarbons.

Can different immersion fluids be mixed?

Not without testing. Mixing changes flash point, viscosity and compatibility, and the warranty of fluid or hardware may be affected.

Comparing fluids for your tank?

Send us your requirements – we compare ester options and test them with your components. IsoTec products are supplied to customers outside Germany.