Industry: Chemical & Material
Published Date: 2026-03-31
Pages: 92 Pages
Report ld: 5549984
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Near Infrared Absorbing Material Market Size(US$)

CAGR 2026-2032
8.0%
Market Size,2032
USD 568
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Near Infrared Absorbing Material market size was US$ 330 million in 2025 and is forecast to reach a readjusted size of US$ 568 million by 2032 with a CAGR of 8.0% during the forecast period 2026-2032.
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.
The global Near Infrared Absorbing Material market is strategically segmented by company, region (country), by Material Composition, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Material Composition, and by Application for 2021-2032.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, segment-level executive summary (by Material Composition, by Application) and market evolution across the short, mid and long term
Chapter 2: Quantitative analysis of Near Infrared Absorbing Material sales and revenue at global, regional, and country levels, highlighting market size and growth potential by region
Chapter 3: Competitive landscape of Near Infrared Absorbing Material manufacturers (sales, revenue, pricing, market share, industry rankings, and M&A / expansion plans)
Chapter 4: by Material Composition-based segmentation analysis (sales, revenue, pricing, and growth potential) to identify blue-ocean product segments
Chapter 5: by Application-based segmentation analysis (sales, revenue, pricing, and growth potential) to uncover high-value downstream markets
Chapter 6: Regional breakdown by company, customer, by Material Composition and by Application (sales, revenue, and pricing for each segment)
Chapter 7: Key manufacturer profiles –company overview, Near Infrared Absorbing Material product descriptions and specifications, revenue, gross margins, and recent developments
Chapter 8: Industry chain analysis – upstream raw materials, manufacturing links, and downstream application sectors
Chapter 9: Sales channels and distributor analysis – routes to market and key customer interfaces
Chapter 10: Market dynamics – trends, drivers, restraints, risks for manufacturers, and the impact of relevant industry policies
Chapter 11: Key findings, main takeaways, and overall conclusions of the report.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Near Infrared Absorbing Material value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Near Infrared Absorbing Material Product Scope
1.2 Near Infrared Absorbing Material by Material Composition
1.2.1 Global Near Infrared Absorbing Material Sales by Material Composition (2021, 2025 & 2032)
1.2.2 Organic Type
1.2.3 Inorganic Type
1.2.4 Composite Type
1.3 Near Infrared Absorbing Material by Application
1.3.1 Global Near Infrared Absorbing Material Sales Comparison by Application (2021, 2025 & 2032)
1.3.2 Optoelectronic & Semiconductor
1.3.3 Biomedical & Pharmaceutical
1.3.4 New Energy
1.3.5 Automotive
1.3.6 Others
1.4 Global Near Infrared Absorbing Material Market Estimates and Forecasts (2021-2032)
1.4.1 Global Near Infrared Absorbing Material Market Size (Value) and Growth Rate (2021-2032)
1.4.2 Global Near Infrared Absorbing Material Market Size (Volume) and Growth Rate (2021-2032)
1.4.3 Global Near Infrared Absorbing Material Price Trends (2021-2032)
1.5 Assumptions and Limitations
2 Market Size and Prospects by Region
2.1 Global Near Infrared Absorbing Material Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global Near Infrared Absorbing Material Historical Market Scenario by Region (2021-2026)
2.2.1 Global Near Infrared Absorbing Material Sales Market Share by Region (2021-2026)
2.2.2 Global Near Infrared Absorbing Material Revenue Market Share by Region (2021-2026)
2.3 Global Near Infrared Absorbing Material Market Estimates and Forecasts by Region (2027-2032)
2.3.1 Global Near Infrared Absorbing Material Sales Estimates and Forecasts by Region (2027-2032)
2.3.2 Global Near Infrared Absorbing Material Revenue Forecast by Region (2027-2032)
2.4 Major Regions and Emerging Market Analysis
2.4.1 North America Near Infrared Absorbing Material Market Size and Prospects (2021-2032)
2.4.2 Europe Near Infrared Absorbing Material Market Size and Prospects (2021-2032)
2.4.3 China Near Infrared Absorbing Material Market Size and Prospects (2021-2032)
2.4.4 Japan Near Infrared Absorbing Material Market Size and Prospects (2021-2032)
3 Global Market Size by Material Composition
3.1 Global Near Infrared Absorbing Material Historical Market Review by Material Composition (2021-2026)
3.1.1 Global Near Infrared Absorbing Material Sales by Material Composition (2021-2026)
3.1.2 Global Near Infrared Absorbing Material Revenue by Material Composition (2021-2026)
3.1.3 Global Near Infrared Absorbing Material Average Price by Material Composition (2021-2026)
3.2 Global Near Infrared Absorbing Material Market Estimates and Forecasts by Material Composition (2027-2032)
3.2.1 Global Near Infrared Absorbing Material Sales Forecast by Material Composition (2027-2032)
3.2.2 Global Near Infrared Absorbing Material Revenue Forecast by Material Composition (2027-2032)
3.2.3 Global Near Infrared Absorbing Material Price Forecast by Material Composition (2027-2032)
3.3 Representative Players for Different Types of Near Infrared Absorbing Material
4 Global Market Size by Application
4.1 Global Near Infrared Absorbing Material Historical Market Review by Application (2021-2026)
4.1.1 Global Near Infrared Absorbing Material Sales by Application (2021-2026)
4.1.2 Global Near Infrared Absorbing Material Revenue by Application (2021-2026)
4.1.3 Global Near Infrared Absorbing Material Average Price by Application (2021-2026)
4.2 Global Near Infrared Absorbing Material Market Estimates and Forecasts by Application (2027-2032)
4.2.1 Global Near Infrared Absorbing Material Sales Forecast by Application (2027-2032)
4.2.2 Global Near Infrared Absorbing Material Revenue Forecast by Application (2027-2032)
4.2.3 Global Near Infrared Absorbing Material Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in Near Infrared Absorbing Material Applications
5 Competition Landscape by Players
5.1 Global Near Infrared Absorbing Material Sales by Player (2021-2026)
5.2 Global Top Near Infrared Absorbing Material Players by Revenue (2021-2026)
5.3 Global Near Infrared Absorbing Material Market Share by Company Type (Tier 1, Tier 2, and Tier 3), based on Near Infrared Absorbing Material revenue as of 2025
5.4 Global Near Infrared Absorbing Material Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of Near Infrared Absorbing Material, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Near Infrared Absorbing Material, Product Type & Application
5.7 Global Key Manufacturers of Near Infrared Absorbing Material, Date of Entry into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Regional Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Near Infrared Absorbing Material Sales by Company
6.1.1.1 North America Near Infrared Absorbing Material Sales by Company (2021-2026)
6.1.1.2 North America Near Infrared Absorbing Material Revenue by Company (2021-2026)
6.1.2 North America Near Infrared Absorbing Material Sales Breakdown by Material Composition (2021-2026)
6.1.3 North America Near Infrared Absorbing Material Sales Breakdown by Application (2021-2026)
6.1.4 North America Near Infrared Absorbing Material Major Customers
6.1.5 North America Market Trends and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Near Infrared Absorbing Material Sales by Company
6.2.1.1 Europe Near Infrared Absorbing Material Sales by Company (2021-2026)
6.2.1.2 Europe Near Infrared Absorbing Material Revenue by Company (2021-2026)
6.2.2 Europe Near Infrared Absorbing Material Sales Breakdown by Material Composition (2021-2026)
6.2.3 Europe Near Infrared Absorbing Material Sales Breakdown by Application (2021-2026)
6.2.4 Europe Near Infrared Absorbing Material Major Customers
6.2.5 Europe Market Trends and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Near Infrared Absorbing Material Sales by Company
6.3.1.1 China Near Infrared Absorbing Material Sales by Company (2021-2026)
6.3.1.2 China Near Infrared Absorbing Material Revenue by Company (2021-2026)
6.3.2 China Near Infrared Absorbing Material Sales Breakdown by Material Composition (2021-2026)
6.3.3 China Near Infrared Absorbing Material Sales Breakdown by Application (2021-2026)
6.3.4 China Near Infrared Absorbing Material Major Customers
6.3.5 China Market Trends and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Near Infrared Absorbing Material Sales by Company
6.4.1.1 Japan Near Infrared Absorbing Material Sales by Company (2021-2026)
6.4.1.2 Japan Near Infrared Absorbing Material Revenue by Company (2021-2026)
6.4.2 Japan Near Infrared Absorbing Material Sales Breakdown by Material Composition (2021-2026)
6.4.3 Japan Near Infrared Absorbing Material Sales Breakdown by Application (2021-2026)
6.4.4 Japan Near Infrared Absorbing Material Major Customers
6.4.5 Japan Market Trends and Opportunities
7 Company Profiles and Key Figures
7.1 Nippon Shokubai
7.1.1 Nippon Shokubai Company Information
7.1.2 Nippon Shokubai Business Overview
7.1.3 Nippon Shokubai Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.1.4 Nippon Shokubai Near Infrared Absorbing Material Products Offered
7.1.5 Nippon Shokubai Recent Development
7.2 Yamada Chemical
7.2.1 Yamada Chemical Company Information
7.2.2 Yamada Chemical Business Overview
7.2.3 Yamada Chemical Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.2.4 Yamada Chemical Near Infrared Absorbing Material Products Offered
7.2.5 Yamada Chemical Recent Development
7.3 Keeling & Walker
7.3.1 Keeling & Walker Company Information
7.3.2 Keeling & Walker Business Overview
7.3.3 Keeling & Walker Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.3.4 Keeling & Walker Near Infrared Absorbing Material Products Offered
7.3.5 Keeling & Walker Recent Development
7.4 Sumitomo Metal Mining
7.4.1 Sumitomo Metal Mining Company Information
7.4.2 Sumitomo Metal Mining Business Overview
7.4.3 Sumitomo Metal Mining Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.4.4 Sumitomo Metal Mining Near Infrared Absorbing Material Products Offered
7.4.5 Sumitomo Metal Mining Recent Development
7.5 GYC GROUP
7.5.1 GYC GROUP Company Information
7.5.2 GYC GROUP Business Overview
7.5.3 GYC GROUP Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.5.4 GYC GROUP Near Infrared Absorbing Material Products Offered
7.5.5 GYC GROUP Recent Development
7.6 Nanophase Technologies(Solésence)
7.6.1 Nanophase Technologies(Solésence) Company Information
7.6.2 Nanophase Technologies(Solésence) Business Overview
7.6.3 Nanophase Technologies(Solésence) Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.6.4 Nanophase Technologies(Solésence) Near Infrared Absorbing Material Products Offered
7.6.5 Nanophase Technologies(Solésence) Recent Development
7.7 Epolin
7.7.1 Epolin Company Information
7.7.2 Epolin Business Overview
7.7.3 Epolin Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.7.4 Epolin Near Infrared Absorbing Material Products Offered
7.7.5 Epolin Recent Development
7.8 BASF
7.8.1 BASF Company Information
7.8.2 BASF Business Overview
7.8.3 BASF Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.8.4 BASF Near Infrared Absorbing Material Products Offered
7.8.5 BASF Recent Development
7.9 Sun Chemical Colors & Effects
7.9.1 Sun Chemical Colors & Effects Company Information
7.9.2 Sun Chemical Colors & Effects Business Overview
7.9.3 Sun Chemical Colors & Effects Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.9.4 Sun Chemical Colors & Effects Near Infrared Absorbing Material Products Offered
7.9.5 Sun Chemical Colors & Effects Recent Development
7.10 Textilchemie Dr. Petry
7.10.1 Textilchemie Dr. Petry Company Information
7.10.2 Textilchemie Dr. Petry Business Overview
7.10.3 Textilchemie Dr. Petry Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.10.4 Textilchemie Dr. Petry Near Infrared Absorbing Material Products Offered
7.10.5 Textilchemie Dr. Petry Recent Development
7.11 LuminoChem
7.11.1 LuminoChem Company Information
7.11.2 LuminoChem Business Overview
7.11.3 LuminoChem Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.11.4 LuminoChem Near Infrared Absorbing Material Products Offered
7.11.5 LuminoChem Recent Development
7.12 Changzhou Xiaqing Chemical
7.12.1 Changzhou Xiaqing Chemical Company Information
7.12.2 Changzhou Xiaqing Chemical Business Overview
7.12.3 Changzhou Xiaqing Chemical Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.12.4 Changzhou Xiaqing Chemical Near Infrared Absorbing Material Products Offered
7.12.5 Changzhou Xiaqing Chemical Recent Development
7.13 Delta Chem
7.13.1 Delta Chem Company Information
7.13.2 Delta Chem Business Overview
7.13.3 Delta Chem Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.13.4 Delta Chem Near Infrared Absorbing Material Products Offered
7.13.5 Delta Chem Recent Development
7.14 The Three Brothers Chemicals
7.14.1 The Three Brothers Chemicals Company Information
7.14.2 The Three Brothers Chemicals Business Overview
7.14.3 The Three Brothers Chemicals Near Infrared Absorbing Material Sales, Revenue and Gross Margin (2021-2026)
7.14.4 The Three Brothers Chemicals Near Infrared Absorbing Material Products Offered
7.14.5 The Three Brothers Chemicals Recent Development
8 Near Infrared Absorbing Material Manufacturing Cost Analysis
8.1 Near Infrared Absorbing Material Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Near Infrared Absorbing Material
8.4 Near Infrared Absorbing Material Industrial Chain Analysis
9 Marketing Channels, Distributors and Customers
9.1 Marketing Channels
9.2 Near Infrared Absorbing Material Distributors List
9.3 Near Infrared Absorbing Material Customers
10 Near Infrared Absorbing Material Market Dynamics
10.1 Near Infrared Absorbing Material Industry Trends
10.2 Near Infrared Absorbing Material Market Drivers
10.3 Near Infrared Absorbing Material Market Challenges
10.4 Near Infrared Absorbing Material Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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