Global NIR Absorbing Materials Market Growth 2025-2031

The global NIR Absorbing Materials market size is predicted to grow from US$ 1781 million in 2025 to US$ 2785 million in 2031; it is expected to grow at a CAGR of 7.7% from 2025 to 2031.

Near-Infrared (NIR) absorbing materials are specialized compounds designed to absorb and manipulate near-infrared light (wavelengths ~700-2500 nm). These materials are widely used in optical filters, solar control films, laser protection, biomedical imaging, security printing, and thermal management applications. They enhance energy efficiency, improve security, and enable advanced sensing technologies.

United States market for NIR Absorbing Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for NIR Absorbing Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for NIR Absorbing Materials is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key NIR Absorbing Materials players cover Nanophase Technologies Corporation, Gentex Corporation, Epolin (ChromaScape), American Elements, VIAVI Solutions Inc., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “NIR Absorbing Materials Industry Forecast” looks at past sales and reviews total world NIR Absorbing Materials sales in 2024, providing a comprehensive analysis by region and market sector of projected NIR Absorbing Materials sales for 2025 through 2031. With NIR Absorbing Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NIR Absorbing Materials industry.

This Insight Report provides a comprehensive analysis of the global NIR Absorbing Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NIR Absorbing Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NIR Absorbing Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NIR Absorbing Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NIR Absorbing Materials.

This report presents a comprehensive overview, market shares, and growth opportunities of NIR Absorbing Materials market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Organic NIR Absorbers
Inorganic NIR Absorbers
Hybrid NIR Absorbers

Segmentation by Application:
Consumer Electronics
Medical
Aerospace
Energy
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nanophase Technologies Corporation
Gentex Corporation
Epolin (ChromaScape)
American Elements
VIAVI Solutions Inc.
Merck KGaA (Epolight Series)
Toyo Ink SC Holdings Co., Ltd.
Mitsui Chemicals, Inc.
Haydale Graphene Industries Plc
Sigma-Aldrich (Part of Merck Group)

Key Questions Addressed in this Report

What is the 10-year outlook for the global NIR Absorbing Materials market?

What factors are driving NIR Absorbing Materials market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do NIR Absorbing Materials market opportunities vary by end market size?

How does NIR Absorbing Materials break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.