Global Near Infrared Absorbing Dye Market Growth 2025-2031

Global Near Infrared Absorbing Dye Market Growth 2025-2031

The global Near Infrared Absorbing Dye market size is predicted to grow from US$ 62.3 million in 2025 to US$ 140 million in 2031; it is expected to grow at a CAGR of 14.4% from 2025 to 2031.

Near-Infrared (NIR) Absorbing Dyes are specialized dyes designed to absorb light in the near-infrared region of the electromagnetic spectrum, typically ranging from 700 nm to 2500 nm. These dyes are used across various industries due to their ability to selectively interact with NIR wavelengths without affecting the visible spectrum, making them ideal for advanced optical, medical, and industrial applications.

The properties of NIR Absorbing Dyes:

Selective Absorption: High absorbance in the NIR range while remaining transparent or minimally colored in the visible spectrum.

Photostability: Resists photodegradation under continuous light exposure, ensuring long-term functionality.

Thermal Stability: Can withstand high temperatures, especially in industrial processes.

Solubility: Customizable to be soluble in different mediums such as water, organic solvents, or polymers.

Chemical Compatibility: Easily incorporated into inks, coatings, plastics, and medical devices.

NIR absorbing dyes play an essential role in modern technology and science. They are pivotal for innovation across industries such as healthcare, renewable energy, and security.

The industry is concentration, the key manufactures include Epolin, LuminoChem, Moleculum, H.W. Sands Corp., QCR Solutions, Yamamoto Chamicals, etc. Epolin is the leader in this market. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. The top 3 companies hold a share about 50%. North America is the largest market with a share about 58%, followed by Asia-Pacific and Europe. In terms of product, 700-1000nm product is the largest segment with a share about 78%. And in terms of applications, the largest application is laser protective with a share about 47%.

With the progress of science and technology, as well as the global economy and the rapid development of industrial technology, more and more new technology by the attention of the various aspects, including the near infrared absorption dyes because of its wide application is known by the public and approved, as it flows into the market and put into use, the near infrared absorption dyes development very quickly.

LP Information, Inc. (LPI) ' newest research report, the “Near Infrared Absorbing Dye Industry Forecast” looks at past sales and reviews total world Near Infrared Absorbing Dye sales in 2024, providing a comprehensive analysis by region and market sector of projected Near Infrared Absorbing Dye sales for 2025 through 2031. With Near Infrared Absorbing Dye 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 Dye industry.

This Insight Report provides a comprehensive analysis of the global Near Infrared Absorbing Dye 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 Dye 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 Dye market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Near Infrared Absorbing Dye 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 Near Infrared Absorbing Dye.

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

Segmentation by Type:
700-1000nm
Above 1000nm

Segmentation by Application:
Laser Protective
Filter Material
Infrared Photography
Ink and Coating
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.
Epolin
LuminoChem
Moleculum
H.W. Sands Corp.
QCR Solutions
Yamamoto Chamicals
Adam Gates & Company
American Dye Source
Crysta-Lyn
Fabricolor
Exciton (Luxottica)
Yamada Chemical
Qingdao Topwell
FEW Chemicals
NIPPON SHOKUBAI

Key Questions Addressed in this Report

What is the 10-year outlook for the global Near Infrared Absorbing Dye market?

What factors are driving Near Infrared Absorbing Dye market growth, globally and by region?

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

How do Near Infrared Absorbing Dye market opportunities vary by end market size?

How does Near Infrared Absorbing Dye break out by Type, by Application?

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