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Near Infrared Absorbing Materials Market by Material (Organic Materials, Inorganic Materials), Function (High Transparency, Absorption, Heat Resistance), Absorption Range (700-1000nm, 1000nm), End Use Industry, Region - Global Forecast to 2028

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    Report

  • 190 Pages
  • July 2023
  • Region: Global
  • Markets and Markets
  • ID: 5863791
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The Near Infrared Absorbing Materials Market is projected to reach USD 453 million by 2028, at a CAGR of 7.9% from USD 308 million in 2023. The increasing use of inorganic materials and different chemicals drives the market. In addition, Near-infrared (NIR) absorbing materials find various applications in the electronic and telecommunication industries, offering unique functionalities and performance advantages. NIR-absorbing materials are used in the fabrication of optical filters and sensors for electronic devices and telecommunications systems.

High Transparency, by function accounts for the second-largest market share in 2022.

High transparency is a crucial function of NIR absorbing materials as it allows for the efficient transmission of NIR light while minimizing unwanted scattering or reflection. This transparency enables the materials to be seamlessly integrated into optical systems, sensors, and devices where precise control of NIR wavelengths is essential. This function is of utmost importance in various applications where precise control and manipulation of NIR light are required. 

1000nm above the IR range is expected to be the fastest growing at CAGR for the Near IR absorbing materials market during the forecast period, in terms of value.

This IR range has unique properties and applications that make it valuable in various fields. In terms of optical characteristics, the 1000nm and above IR range exhibits higher absorption compared to shorter IR wavelengths. This range is often used for sensing and analysis of molecular vibrations, as many chemical compounds have characteristic absorption peaks in this region. The MIR range allows for the identification and characterization of organic and inorganic molecules, making it suitable for application

Based on region, Europe was the second largest market for Near IR absorbing materials in 2022, in terms of value.

Europe is a prominent region in the near-infrared absorbing material market, driven by its advanced technological infrastructure, strong manufacturing base, and focus on sustainability. The region is characterized by a diverse range of end-use industries that extensively utilize near-infrared absorbing materials. The Germany has maximum share of this market and fastest growing country at a CAGR of 8.46% in this market 

In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted.

A breakdown of the profiles of the primary interviewees is as follows:

  • By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
  • By Designation: C-Level - 20%, Director Level - 10%, and Others - 70% 
  • By Region: Asia Pacific - 30%, Europe -30%, North America - 20%, Middle East & Africa - 10%, and South America-10%

The key players in this market Sumitomo Metal Mining Co., Ltd. (Japan), Nanophase Technologies Corporation (US), Heraeus Holding (Germany), Keeling & Walker (UK), Edmund Optics (US), Merck (US), 3M (US), (Japan), Resonac Holdings Corporation (Japan), Advanced nano products co ltd (South Korea), Nippon Shokubai Co., Ltd.(Japan).

Research Coverage

This report segments the market for the near-infrared absorbing material market on the basis of IR range, Material type, function and end use industry, and region. It provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for the near-infrared absorbing material market.

Key benefits of buying this report

This research report is focused on various levels of analysis - industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the near infrared absorbing material market; high-growth regions; and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

  • Analysis of key drivers: Increasing demand for advanced technologies, Energy Efficiency and Sustainability.
  • Market Penetration: Comprehensive information on the near infrared absorbing material market offered by top players in the global near infrared absorbing material market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the near infrared absorbing material market.
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for the near infrared absorbing material market across regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global near infrared absorbing material market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the near infrared absorbing material market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions & Exclusions
1.4 Market Scope
Figure 1 Near-Infrared Absorbing Materials Market Segmentation
1.4.1 Regions Covered
1.4.2 Years Considered
1.5 Currency Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 2 Near-Infrared Absorbing Materials Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Primary Interviews: Top Near-Infrared Absorbing Material Manufacturers
2.1.2.2 Breakdown of Primary Interviews
2.1.2.3 Key Industry Insights
2.2 Base Number Calculation
2.2.1 Approach 1: Supply-Side Analysis
2.2.2 Approach 2: Demand-Side Approach
2.2.2.1 Near-Infrared Absorbing Materials Market: Industry/Country Analysis
2.3 Forecast Number Calculation
2.3.1 Supply Side
2.3.2 Demand Side
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Data Triangulation
Figure 3 Near-Infrared Absorbing Materials Market: Data Triangulation
2.6 Research Assumptions

3 Executive Summary
Figure 4 Electronics & Telecommunications End-Use Industry Accounted for Largest Market Share in 2022
Figure 5 Absorption Function Accounted for Major Market Share in 2022
Figure 6 700 to 1,000 Nm Ir Range Segment Accounted for Larger Share of Near-Infrared Absorbing Materials Market in 2022
Figure 7 Inorganic Materials Accounted for Larger Share of Near-Infrared Absorbing Materials Market
Figure 8 North America to Register Highest Growth in Near-Infrared Absorbing Materials Market

4 Premium Insights
4.1 Attractive Opportunities for Players in Near-Infrared Absorbing Materials Market
Figure 9 Europe to be Second-Largest Market During Forecast Period
4.2 Near-Infrared Absorbing Materials Market, by Infrared Range
Figure 10 Above 1000 Nm Accounted for Significant Share in 2022
4.3 Near-Infrared Absorbing Materials Market, by Material
Figure 11 Organic Materials Accounted for Significant Share in 2022
4.4 Near-Infrared Absorbing Materials Market, by Function
Figure 12 High Transparency Function Accounted for Second-Largest Share in 2022
4.5 Near-Infrared Absorbing Materials Market, by End-Use Industry
Figure 13 Electronics & Telecommunications End-Use Industry Accounted for Largest Share in 2022
4.6 North America: Near-Infrared Absorbing Materials Market: by End-Use Industry and Country
Figure 14 Electronics & Telecommunications End-Use Industry and Us Accounted for Largest Shares in North America
4.7 Near-Infrared Absorbing Materials Market, by Country
Figure 15 Us to Grow at Highest CAGR During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 16 Drivers, Restraints, Opportunities, and Challenges: Near-Infrared Absorbing Materials Market
5.2.1 Drivers
5.2.1.1 Increasing Demand for Advanced Technologies
5.2.1.2 Energy Efficiency and Sustainability
5.2.2 Restraints
5.2.2.1 Integration Challenges
5.2.3 Opportunities
5.2.3.1 Growing Renewable Energy Sector
5.2.3.2 Advancements in Electronics and Optoelectronics
5.2.4 Challenges
5.2.4.1 High Cost of Materials
5.2.4.2 Performance Limitations
5.3 Porter's Five Forces Analysis
Table 1 Near-Infrared Absorbing Materials Market: Porter's Five
Forces Analysis
Figure 17 Near-Infrared Absorbing Materials Market: Porter's Five
Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threats of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

6 Industry Trends
6.1 Recession Impact
6.2 Value Chain Analysis
Figure 18 Value Chain of Near-Infrared Absorbing Materials Market
6.2.1 Raw Materials
6.2.2 Manufacturing
6.2.3 Distributors
6.2.4 End-users
6.3 Macroeconomic Indicators
6.3.1 Gdp Trends and Forecasts for Major Economies
6.4 Market Regulations
6.4.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 3 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 4 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
6.5 Trade Analysis
6.5.1 Import Scenario for Hs Code 900211
Figure 19 Import Scenario for Hs Code 900211, by Key Country, 2019-2022
6.5.2 Export Scenario for Hs Code 900211
Figure 20 Export Scenario for Hs Code 900211, by Key Country, 2019-2022
6.5.3 Import Scenario for Hs Code 900590
Figure 21 Import Scenario for Hs Code 900590, by Key Country, 2019-2022
6.5.4 Export Scenario for Hs Code 900590
Figure 22 Export Scenario for Hs Code 900590, by Key Country, 2019-2022
6.6 Trends/Disruptions Impacting Customer Business
6.6.1 Revenue Shifts and New Revenue Pockets for Players in Near-Infrared Absorbing Materials Market
Figure 23 Revenue Shift: Near-Infrared Absorbing Materials Market
6.7 Ecosystem/Market Map
Table 6 Near-Infrared Absorbing Materials Market: Ecosystem
Figure 24 Near-Infrared Absorbing Materials Market: Ecosystem
6.8 Technology Analysis
Table 7 Advantages of Technology
6.9 Key Stakeholders and Buying Criteria
6.9.1 Key Stakeholders in Buying Process
Figure 25 Influence of Stakeholders on Buying Process for Top Three
End-Use Industries
Table 8 Influence of Institutional Buyers on Buying Process for Top-Three End-Use Industries
6.9.2 Buying Criteria
Figure 26 Key Buying Criteria for Top-Three End-Use Industries
Table 9 Key Buying Criteria for Top-Three End-Use Industries
6.10 Patent Analysis
6.10.1 Introduction
6.10.2 Approach
6.10.3 Document Type
6.10.4 Patent Status
Table 10 Total Number of Patents (2017-2022)
Figure 27 Patents Registered for Near-Infrared Absorbing Material, 2017-2022
Figure 28 Patent Publication Trends for Near-Infrared Absorbing Material, 2017-2022
6.10.5 Legal Status of Patents
Figure 29 Legal Status of Patents Filed for Near-Infrared Absorbing Material
6.10.6 Jurisdiction Analysis
Figure 30 Highest Number of Patents Filed in China
6.10.7 Top Applicants
Figure 31 Hewlett-Packard Development Company, Lp Registered Highest Number of Patents Between 2017 and 2022
Table 11 Patents by Hewlett-Packard Development Company, Lp
Table 12 Patents by Sumitomo Metal Mining Co.
Table 13 Patents by Nippon Kayaku Kk
6.10.8 Top 10 Patent Owners (Us) in Last Five Years
6.11 Key Conferences and Events, 2023-2024

7 Near-Infrared Absorbing Materials Market, by Function
7.1 Introduction
Figure 32 Near-Infrared Absorbing Materials Market, by Function, 2022
Table 14 Near-Infrared Absorbing Materials Market, by Function, 2019-2022 (USD Million)
Table 15 Near-Infrared Absorbing Materials Market, by Function, 2023-2028 (USD Million)
7.2 High Transparency
7.3 Absorption
7.4 Heat Resistance
7.5 Solubility
7.6 Others

8 Near-Infrared Absorbing Materials Market, by Material
8.1 Introduction
Figure 33 Near-Infrared Absorbing Materials Market, by Material, 2022
Table 16 Near-Infrared Absorbing Materials Market, by Material, 2019-2022 (USD Million)
Table 17 Near-Infrared Absorbing Materials Market, by Material, 2023-2028 (USD Million)
8.2 Organic Materials
8.2.1 Dyes
8.2.2 Polymers
8.2.3 Oligomers
8.2.4 Others
8.3 Inorganic Materials
8.3.1 Antimony Tin Oxide
8.3.2 Indium Tin Oxide
8.3.3 Quantum Dots
8.3.4 Doped Tungsten Oxide
8.3.5 Other Inorganic Materials

9 Near-Infrared Absorbing Materials Market, by Infrared Range
9.1 Introduction
Figure 34 Near-Infrared Absorbing Materials Market, by Infrared Range
Table 18 Near-Infrared Absorbing Materials Market, by Infrared Range, 2019-2022 (USD Million)
Table 19 Near-Infrared Absorbing Materials Market, by Infrared Range, 2023-2028 (USD Million)
9.2 700-1,000 Nm
9.3 Above 1,000 Nm

10 Near-Infrared Absorbing Materials Market, by End-Use Industry
10.1 Introduction
Figure 35 Near-Infrared Absorbing Materials Market, by End-Use Industry, 2022
Table 20 Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 21 Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
10.2 Electronics & Telecommunications
10.3 Industrial Sector
10.4 Defense & Security
10.5 Photovoltaics
10.6 Others

11 Near-Infrared Absorbing Materials Market, by Region
11.1 Introduction
Figure 36 North America to be Fastest-Growing Market During Forecast Period
Table 22 Near-Infrared Absorbing Materials Market, by Region, 2019-2022 (USD Million)
Table 23 Near-Infrared Absorbing Materials Market, by Region, 2023-2028 (USD Million)
11.2 North America
11.2.1 Recession Impact
Figure 37 North America: Near-Infrared Absorbing Materials Market Snapshot
Table 24 North America: Near-Infrared Absorbing Materials Market, by Country, 2019-2022 (USD Million)
Table 25 North America: Near-Infrared Absorbing Materials Market, by Country, 2023-2028 (USD Million)
Table 26 North America: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 27 North America: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.2.2 US
11.2.2.1 Demand for Renewable Energy Sources, Particularly Solar Power, to Drive Market
Table 28 US: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 29 US: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.2.3 Canada
11.2.3.1 Government Initiatives and Projects on Advanced Materials to Support Market
Table 30 Canada: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 31 Canada: Near-Infrared Absorbing Materials Market, End-Use Industry, 2023-2028 (USD Million)
11.2.4 Mexico
11.2.4.1 Consumer Demand for Advanced Devices to Boost Market
Table 32 Mexico: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 33 Mexico: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.3 Europe
11.3.1 Recession Impact
Figure 38 Europe: Near-Infrared Absorbing Materials Market Snapshot
Table 34 Europe: Near-Infrared Absorbing Materials Market, by Country, 2019-2022 (USD Million)
Table 35 Europe: Near-Infrared Absorbing Materials Market, by Country, 2023-2028 (USD Million)
Table 36 Europe: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 37 Europe: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.3.2 Germany
11.3.2.1 Increasing Adoption of Solar Power to Bolster Demand for Near-Infrared Absorbing Materials
Table 38 Germany: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 39 Germany: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.3.3 France
11.3.3.1 Increased Focus on Conservation and Sustainability to Drive Market
Table 40 France: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 41 France: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.3.4 Spain
11.3.4.1 Resurgence in Photovoltaic Installations to Drive Market
Table 42 Spain: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 43 Spain: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.3.5 Italy
11.3.5.1 Need for Advanced Healthcare Solutions to Drive Market
Table 44 Italy: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 45 Italy: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.3.6 UK
11.3.6.1 Increasing Investments in Defense Sector to Contribute to Market Growth
Table 46 UK: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 47 UK: Near-Infrared Absorbing Materials Market by End-Use Industry, 2023-2028 (USD Million)
11.3.7 Rest of Europe
Table 48 Rest of Europe: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 49 Rest of Europe: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.4 Asia-Pacific
11.4.1 Recession Impact
Figure 39 Asia-Pacific: Near-Infrared Absorbing Materials Market Snapshot
Table 50 Asia-Pacific: Near-Infrared Absorbing Materials Market, by Country, 2019-2022 (USD Million)
Table 51 Asia-Pacific: Near-Infrared Absorbing Materials Market, by Country, 2023-2028 (USD Million)
Table 52 Asia-Pacific: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 53 Asia-Pacific: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.4.2 China
11.4.2.1 Increasing Need for Electronic Manufacturing of Near-Infrared Absorbing Materials to Drive Market
Table 54 China: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 55 China: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.4.3 India
11.4.3.1 Increasing Focus on Aerospace & Defense Sector to Drive Demand for Near-Infrared Absorbing Materials
Table 56 India: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 57 India: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.4.4 Japan
11.4.4.1 Increasing Awareness of Sustainability Goals to Drive Demand
Table 58 Japan: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 59 Japan: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.4.5 South Korea
11.4.5.1 Highly Advanced Electronics Industry to Drive Market
Table 60 South Korea: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 61 South Korea: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.4.6 Rest of Asia-Pacific
Table 62 Rest of Asia-Pacific: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 63 Rest of Asia-Pacific: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.5 Middle East & Africa
11.5.1 Recession Impact
Figure 40 Middle East & Africa: Near-Infrared Absorbing Materials Market Snapshot
Table 64 Middle East & Africa: Near-Infrared Absorbing Materials Market, by Country, 2019-2022 (USD Million)
Table 65 Middle East & Africa: Near-Infrared Absorbing Materials Market, by Country, 2023-2028 (USD Million)
Table 66 Middle East & Africa: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 67 Middle East & Africa: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.5.2 Saudi Arabia
11.5.2.1 Digital Initiatives to Drive Need for Near-Infrared Absorbing Materials
Table 68 Saudi Arabia: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 69 Saudi Arabia: Near-Infrared Absorbing Materials Market, by End-Use Industry 2023-2028 (USD Million)
11.5.3 South Africa
11.5.3.1 Extensive Photovoltaics Applications to Drive Demand
Table 70 South Africa: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 71 South Africa: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.5.4 Rest of Middle East & Africa
Table 72 Rest of Middle East & Africa: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 73 Rest of Middle East & Africa: Near-Infrared Absorbing Materials Market, by End-Use Industry 2023-2028 (USD Million)
11.6 South America
11.6.1 Recession Impact
Figure 41 South America: Near-Infrared Absorbing Materials Market Snapshot
Table 74 South America: Near-Infrared Absorbing Materials Market, by Country, 2019-2022 (USD Million)
Table 75 South America: Near-Infrared Absorbing Materials Market, by Country, 2023-2028 (USD Million)
Table 76 South America: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 77 South America: Near-Infrared Absorbing Materials Market, by End-Use Industry 2023-2028 (USD Million)
11.6.2 Brazil
11.6.2.1 Expected to Hold Largest Share of Market During Forecast Period
Table 78 Brazil: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 79 Brazil: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.6.3 Argentina
11.6.3.1 Precision Agriculture Practices and Desire for Optimized Crop Management to Drive Market
Table 80 Argentina: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 81 Argentina: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.6.4 Peru
11.6.4.1 Government Initiatives to Promote Mining to Drive Market
Table 82 Peru: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 83 Peru: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)
11.6.5 Rest of South America
Table 84 Rest of South America: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2019-2022 (USD Million)
Table 85 Rest of South America: Near-Infrared Absorbing Materials Market, by End-Use Industry, 2023-2028 (USD Million)

12 Competitive Landscape
12.1 Strategies Adopted by Key Players
Table 86 Strategies Adopted by Key Manufacturers
12.2 Market Share Analysis of Top Five Players, 2022
Figure 42 Market Share Analysis of Top-Five Players in Near-Infrared Absorbing Materials Market, 2022
Figure 43 Market Share Analysis, 2022
Table 87 Near-Infrared Absorbing Materials Market: Intensity of Competitive Rivalry
12.3 Company Revenue Analysis
12.4 Company Evaluation Matrix
12.4.1 Stars
12.4.2 Pervasive Players
12.4.3 Emerging Leaders
12.4.4 Participants
Figure 44 Near-Infrared Absorbing Materials Market (Global) Company Evaluation Matrix, 2022
12.5 Startup/Small and Medium-Sized Enterprises (Smes) Evaluation Matrix
12.5.1 Progressive Companies
12.5.2 Responsive Companies
12.5.3 Dynamic Companies
12.5.4 Starting Blocks
Figure 45 Near-Infrared Absorbing Materials Market: Startup/Sme Evaluation Quadrant, 2022
12.6 Competitive Benchmarking
Table 88 Near-Infrared Absorbing Materials Market: List of Key Startup/Smes
Table 89 Near-Infrared Absorbing Materials Market: Competitive Benchmarking of Key Startups/Smes
12.7 Near-Infrared Absorbing Materials Market: Company Footprint
Table 90 End-Use Industry: Company Footprint
Table 91 Function: Company Footprint
Table 92 Material: Company Footprint
Table 93 Region: Company Footprint
Table 94 Company Footprint
12.8 Competitive Scenario and Trends (2020-2023)
12.8.1 Deals
Table 95 Deals, January 2020-July 2023
12.8.2 Others
Table 96 Others, January 2020-July 2023

13 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Deals, Analyst's View, Right to Win, Strategic Choices, Weakness and Competitive Threats) *
13.1 Key Players
13.1.1 Sumitomo Metal Mining Co. Ltd.
Table 97 Sumitomo Metal Mining Co. Ltd: Company Overview
Figure 46 Sumitomo Metal Mining Co. Ltd: Company Snapshot
Table 98 Sumitomo Metal Mining Co. Ltd: Products/Services/Solutions Offered
Table 99 Sumitomo Metal Mining Co. Ltd: Deals
13.1.2 Nanophase Technologies Corporation
Table 100 Nanophase Technologies Corporation.: Company Overview
Figure 47 Nanophase Technologies Corporation.: Company Snapshot
Table 101 Nanophase Technologies Corporation.: Products/Services/ Solutions Offered
13.1.3 Keeling & Walker Limited
Table 102 Keeling & Walker Limited: Company Overview
Table 103 Keeling & Walker Limited: Products/Services/Solutions Offered
13.1.4 Edmund Optics Inc
Table 104 Edmund Optics Inc: Company Overview
Table 105 Edmund Optics Inc: Products/Services/Solutions Offered
Table 106 Edmund Optics Inc: Product Launches
Table 107 Edmund Optics Inc: Deals
13.1.5 Nippon Shokubai Co., Ltd.
Table 108 Nippon Shokubai Co., Ltd: Company Overview
Figure 48 Nippon Shokubai Co., Ltd: Company Snapshot
Table 109 Nippon Shokubai Co., Ltd: Products/Services/Solutions Offered
Table 110 Nippon Shokubai Co., Ltd: Deals
13.1.6 The Heraeus Group
Table 111 The Heraeus Group: Company Overview
Table 112 The Heraeus Group: Products/Services/Solutions Offered
Table 113 The Heraeus Group: Deals
13.1.7 3M
Table 114 3M: Company Overview
Figure 49 3M: Company Snapshot
Table 115 3M: Products/Services/Solutions Offered
13.1.8 Merck KGaA
Table 116 Merck KGaA: Company Overview
Figure 50 Merck KGaA: Company Snapshot
Table 117 Merck KGaA: Products/Services/Solutions Offered
13.1.9 Advanced Nano Products Co., Ltd.
Table 118 Advanced Nano Products Co., Ltd: Company Overview
Table 119 Advanced Nano Products Co., Ltd: Products/Services/
Solutions Offered
13.1.10 Resonac Holdings Corporation
Table 120 Resonac Holdings Corporation: Company Overview
Figure 51 Resonac Holdings Corporation: Company Snapshot
Table 121 Resonac Holdings Corporation: Products/Services/
Solutions Offered
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Deals, Analyst's View, Right to Win, Strategic Choices, Weakness and Competitive Threats Might Not be Captured in Case of Unlisted Companies.
13.2 Other Players
13.2.1 Yamada Chemical Co., Ltd.
Table 122 Yamada Chemical Co., Ltd: Company Overview
13.2.2 Toyo Visual Solutions Co., Ltd.
Table 123 Toyo Visual Solutions Co., Ltd: Company Overview
13.2.3 American Dye Source, Inc.
Table 124 American Dye Source, Inc: Company Overview
13.2.4 Epolin LLC
Table 125 Epolin LLC: Company Overview
13.2.5 Viavi Solutions Inc.
Table 126 Viavi Solutions Inc: Company Overview
13.2.6 American Elements
Table 127 American Elements: Company Overview
13.2.7 Eksma Optics
Table 128 Eksma Optics: Company Overview
13.2.8 Tokyo Chemical Industry Pvt. Ltd (Tci)
Table 129 Tokyo Chemical Industry Pvt. Ltd (Tci): Company Overview
13.2.9 Ubiquitous Energy, Inc.
Table 130 Ubiquitous Energy, Inc.: Company Overview
13.2.10 Fuji Pigment Co., Ltd
Table 131 Fuji Pigment Co., Ltd: Company Overview
13.2.11 Nanoco Group plc
Table 132 Nanoco Group plc: Company Overview
13.2.12 Inframat Advanced Materials, LLC
Table 133 Inframat Advanced Materials, LLC: Company Overview
13.2.13 Kriya Materials B.V.
Table 134 Kriya Materials B.V.: Company Overview
13.2.14 Few Chemicals GmbH
Table 135 Few Chemicals GmbH: Company Overview
13.2.15 Deltachem (Qingdao) Co. Ltd.
Table 136 Deltachem (Qingdao) Co. Ltd: Company Overview

14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options

Companies Mentioned

  • 3M
  • Advanced Nano Products Co., Ltd.
  • American Dye Source, Inc.
  • American Elements
  • Deltachem (Qingdao) Co. Ltd.
  • Edmund Optics Inc
  • Eksma Optics
  • Epolin LLC
  • Few Chemicals GmbH
  • Fuji Pigment Co., Ltd
  • Inframat Advanced Materials, LLC
  • Keeling & Walker Limited
  • Kriya Materials B.V.
  • Merck KGaA
  • Nanoco Group plc
  • Nanophase Technologies Corporation
  • Nippon Shokubai Co., Ltd.
  • Resonac Holdings Corporation
  • Solutions Offered
  • Sumitomo Metal Mining Co. Ltd.
  • The Heraeus Group
  • Tokyo Chemical Industry Pvt. Ltd (Tci)
  • Toyo Visual Solutions Co., Ltd.
  • Ubiquitous Energy, Inc.
  • Viavi Solutions Inc.
  • Yamada Chemical Co., Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages190
PublishedJuly 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 308 Million
Forecasted Market Value ( USD ) by 2028 $ 453 Million
Compound Annual Growth Rate7.9%
Regions CoveredGlobal
No. of Companies Mentioned26

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About the Near Infrared Absorbing Materials Market

The Near Infrared Absorbing Materials market within the Optoelectronics industry is a rapidly growing sector. It is driven by the increasing demand for optoelectronic devices such as sensors, displays, and lasers. These materials are used to absorb light in the near infrared spectrum, allowing for the development of more efficient optoelectronic devices. Near Infrared Absorbing Materials are also used in a variety of applications, including medical imaging, night vision, and optical communications. The market is highly competitive, with a number of companies offering a range of products. These include BASF, Dow Corning, Merck, and Mitsubishi Chemical. Other companies in the market include Heraeus, Honeywell, and Umicore. Show Less Read more

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