The Eco‑friendly Cooling Fluid for Data Center ecosystem is organized into upstream, midstream, and downstream layers that connect raw‑material sourcing to fluid deployment in data‑center thermal systems. Upstream, suppliers deliver biodegradable base oils, refrigerants, and additives that meet low‑GWP criteria. Midstream, formulators and manufacturers produce certified fluid blends and integrate them into liquid‑cooling or immersion solutions. Downstream, distributors and data‑center operators procure the fluids to satisfy sustainability mandates and efficiency targets. Value accrues through formulation differentiation, performance guarantees, and compliance certifications, while revenue streams stem from product sales, licensing, and service contracts.