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Near Infrared Absorbing Materials Market Share

Report ID: GMI6449
Published Date: Aug 2023
Report Format: PDF

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Near Infrared Absorbing Materials Market Share

Some of the major market players operating in the near infrared absorbing materials market are :

BASF SE
Luna Innovations
Nanophase Technologies Corporation
Nanophotonica
SpectraFluidics
Suzhou NanoGrid Technology
Kolzer Srl
Skyray Instrument
PerkinElmer
Hamamatsu Photonics
Bruker Corporation
Ocean Optics
Horiba Scientific
Shimadzu Corporation
BaySpec, Inc.

These players focus on strategic partnerships, new product launch & commercialization for market expansion.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Near infrared absorbing materials industry value was around USD 298 million in 2022 and is estimated to reach USD 621.9 million by the end of 2032.

Heat resistance segment is anticipated to record around 6.8% CAGR from 2023 to 2032. NIR absorbing materials are used for thermal management help dissipate excess heat in electronic devices, preventing overheating and improving device performance.

U.S. near infrared absorbing materials market size was USD 71.8 million in 2022 and will expand at a significant pace from 2023 to 2032, backed by the well-established healthcare sector with a focus on advanced diagnostics.

BASF SE, Luna Innovations, Nanophase Technologies Corporation, Nanophotonica, SpectraFluidics, Suzhou NanoGrid Technology, Kolzer Srl, Skyray Instrument, PerkinElmer, Hamamatsu Photonics, Bruker Corporation, Ocean Optics, Horiba Scientific, Shimadzu Corporation, BaySpec, Inc.among others.