Near Infrared Absorbing Materials Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Date : November 2024

Near Infrared Absorbing Materials Market Size Analysis and Top Companies

The global near infrared absorbing materials market size is estimated to surpass around USD 675.19 million by 2033 from USD 340.02 million in 2024 with a CAGR of 7.92% from 2024 to 2033. The top companies operating in the near infrared absorbing material are Nanophase Technologies Corporation, Heraeus Holding, Keeling & Walker, Edmund Optics, Merck, 3M, Resonac Holdings Corporation, Advanced Nano Products Co. Ltd., Nippon Shokubai Co. Ltd., and Others.

Market Report Coverage

Report Coverage Details
Market Size by 2033 USD 675.19 Million
Market Size in 2023 USD 315.07 Million
Market Size in 2024 USD 340.02 Million
Market Growth Rate from 2024 to 2033 CAGR of 7.92%
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered Material, Range, Function, Application, End-Use, and Regions
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Near Infrared Absorbing Materials Market Companies

Near Infrared Absorbing Material Key Players

  • Nanophase Technologies Corporation
  • Heraeus Holding
  • Keeling & Walker
  • Edmund Optics
  • Merck
  • 3M
  • Resonac Holdings Corporation
  • Advanced Nano Products Co. Ltd.
  • Nippon Shokubai Co. Ltd.

Recent News

  • In October 2024, the research team of Professor Jung-Yong Lee of the School of Electrical Engineering at KAIST and Professor Woojae Kim of the Department of Chemistry at Yonsei University developed a high-efficiency and high-stability organic-inorganic hybrid solar cell production technology that maximizes near-infrared light capture beyond the existing visible light range.
  • In March 2024, Sumitomo Metal Mining developed Solament, a unique material that absorb NIR from sunlight, generating heat within the material itself. 

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