Global Near Infrared Absorbing Material Market Growth 2026-2032
Description
The global Near Infrared Absorbing Material market size is predicted to grow from US$ 323 million in 2025 to US$ 565 million in 2032; it is expected to grow at a CAGR of 8.3% from 2026 to 2032.
In 2025, global Near-Infrared Absorbing Material reached approximately 1,015 tons, with an average global market price of around 325.6 USD/kg.
Near Infrared Absorbing Material refers to a class of functional materials that can efficiently absorb electromagnetic waves in the near-infrared spectral region (typically 780–2500 nm) while maintaining selective transmittance or reflectance in other spectral ranges (such as visible light). Composed of organic compounds (e.g., cyanine, phthalocyanine), inorganic substances (e.g., metal oxides, carbon-based materials, quantum dots), or organic-inorganic composites, these materials achieve near-infrared absorption through mechanisms like molecular electron transition, band gap absorption, or surface plasmon resonance, serving as core materials in optical regulation, thermal management, and photoelectric conversion fields.
Demand for Near Infrared Absorbing Material is mainly driven by the rapid development of emerging high-tech industries such as autonomous driving (LiDAR systems), smart windows, photovoltaics, and biomedical imaging, as well as the growing demand for energy-saving thermal insulation materials in construction and automotive sectors. Business opportunities lie in the R&D of high-absorption-efficiency, low-cost and environmentally friendly materials, the expansion of customized solutions for specific application scenarios (e.g., narrow-band/broadband absorption requirements), the advancement of durable and weather-resistant formulations, and the increasing market penetration in emerging regions with developing high-tech and green building industries.
LP Information, Inc. (LPI) ' newest research report, the “Near Infrared Absorbing Material Industry Forecast” looks at past sales and reviews total world Near Infrared Absorbing Material sales in 2025, providing a comprehensive analysis by region and market sector of projected Near Infrared Absorbing Material sales for 2026 through 2032. With Near Infrared Absorbing Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Near Infrared Absorbing Material industry.
This Insight Report provides a comprehensive analysis of the global Near Infrared Absorbing Material 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 Near Infrared Absorbing Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Near Infrared Absorbing Material market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Near Infrared Absorbing Material and breaks down the forecast by Material Composition, 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 Near Infrared Absorbing Material.
This report presents a comprehensive overview, market shares, and growth opportunities of Near Infrared Absorbing Material market by product type, application, key manufacturers and key regions and countries.
Segmentation by Material Composition:
Organic Type
Inorganic Type
Composite Type
Segmentation by Absorption Wavelength Range:
Short-Wave NIR Type
Mid-Wave NIR Type
Broadband NIR Type
Segmentation by Product Form:
Film/Coating Type
Powder Type
Bulk/Sheet Type
Segmentation by Application:
Optoelectronic & Semiconductor
Biomedical & Pharmaceutical
New Energy
Automotive
Others
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.
Nippon Shokubai
Yamada Chemical
Keeling & Walker
Sumitomo Metal Mining
GYC GROUP
Nanophase Technologies(Solésence)
Epolin
BASF
Sun Chemical Colors & Effects
Textilchemie Dr. Petry
LuminoChem
Changzhou Xiaqing Chemical
Delta Chem
The Three Brothers Chemicals
Key Questions Addressed in this Report
What is the 10-year outlook for the global Near Infrared Absorbing Material market?
What factors are driving Near Infrared Absorbing Material market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Near Infrared Absorbing Material market opportunities vary by end market size?
How does Near Infrared Absorbing Material break out by Material Composition, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2025, global Near-Infrared Absorbing Material reached approximately 1,015 tons, with an average global market price of around 325.6 USD/kg.
Near Infrared Absorbing Material refers to a class of functional materials that can efficiently absorb electromagnetic waves in the near-infrared spectral region (typically 780–2500 nm) while maintaining selective transmittance or reflectance in other spectral ranges (such as visible light). Composed of organic compounds (e.g., cyanine, phthalocyanine), inorganic substances (e.g., metal oxides, carbon-based materials, quantum dots), or organic-inorganic composites, these materials achieve near-infrared absorption through mechanisms like molecular electron transition, band gap absorption, or surface plasmon resonance, serving as core materials in optical regulation, thermal management, and photoelectric conversion fields.
Demand for Near Infrared Absorbing Material is mainly driven by the rapid development of emerging high-tech industries such as autonomous driving (LiDAR systems), smart windows, photovoltaics, and biomedical imaging, as well as the growing demand for energy-saving thermal insulation materials in construction and automotive sectors. Business opportunities lie in the R&D of high-absorption-efficiency, low-cost and environmentally friendly materials, the expansion of customized solutions for specific application scenarios (e.g., narrow-band/broadband absorption requirements), the advancement of durable and weather-resistant formulations, and the increasing market penetration in emerging regions with developing high-tech and green building industries.
LP Information, Inc. (LPI) ' newest research report, the “Near Infrared Absorbing Material Industry Forecast” looks at past sales and reviews total world Near Infrared Absorbing Material sales in 2025, providing a comprehensive analysis by region and market sector of projected Near Infrared Absorbing Material sales for 2026 through 2032. With Near Infrared Absorbing Material sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Near Infrared Absorbing Material industry.
This Insight Report provides a comprehensive analysis of the global Near Infrared Absorbing Material 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 Near Infrared Absorbing Material portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Near Infrared Absorbing Material market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Near Infrared Absorbing Material and breaks down the forecast by Material Composition, 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 Near Infrared Absorbing Material.
This report presents a comprehensive overview, market shares, and growth opportunities of Near Infrared Absorbing Material market by product type, application, key manufacturers and key regions and countries.
Segmentation by Material Composition:
Organic Type
Inorganic Type
Composite Type
Segmentation by Absorption Wavelength Range:
Short-Wave NIR Type
Mid-Wave NIR Type
Broadband NIR Type
Segmentation by Product Form:
Film/Coating Type
Powder Type
Bulk/Sheet Type
Segmentation by Application:
Optoelectronic & Semiconductor
Biomedical & Pharmaceutical
New Energy
Automotive
Others
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.
Nippon Shokubai
Yamada Chemical
Keeling & Walker
Sumitomo Metal Mining
GYC GROUP
Nanophase Technologies(Solésence)
Epolin
BASF
Sun Chemical Colors & Effects
Textilchemie Dr. Petry
LuminoChem
Changzhou Xiaqing Chemical
Delta Chem
The Three Brothers Chemicals
Key Questions Addressed in this Report
What is the 10-year outlook for the global Near Infrared Absorbing Material market?
What factors are driving Near Infrared Absorbing Material market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Near Infrared Absorbing Material market opportunities vary by end market size?
How does Near Infrared Absorbing Material break out by Material Composition, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
115 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Near Infrared Absorbing Material by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Near Infrared Absorbing Material by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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