Near Infrared Material Absorbing Market Analysis and Overview :
The Near Infra Red Absorbing Material Market is currently valued at USD 263.7 million in 2022, registering a CAGR of 12.02% over the forecast period, 2023-2031.
Near-infrared (NIR) absorbing materials, also known as NIR absorbers refer to substances or compounds that can absorb electromagnetic radiation in the near-infrared region of the electromagnetic spectrum. This region typically spans wavelengths ranging from approximately 700 nanometers (nm) to 2500 nm.
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Near Infra Red Absorbing Material Market Report by 2030

The Near Infra Red Absorbing Material Market is expected to reach USD 263.7 million in 2022, growing at a CAGR of 12.02% Forecast by 2030.