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Stock impact report

Global Near Infrared Absorbing Material Market is set to expand at an 8.4% CAGR by 2034 | Future Market Insights, Inc. [Yahoo! Finance]

LightPath Technologies, Inc. - Class A (LPTH) 
Last lightpath technologies, inc. - class a earnings: 2/6 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: lightpath.com/investor
Company Research Source: Yahoo! Finance
These materials play a crucial role in formulation monitoring, quality control, and drug analysis procedures, thereby driving advancements in pharmaceutical research and development. Their widespread utilization underscores their significance in ensuring product efficacy and safety, while also streamlining processes essential for maintaining regulatory standards and innovation within the industry. NEWARK, Del, March 25, 2024 (GLOBE NEWSWIRE) -- The near infrared (NIR) absorbing material market is predicted to be valued at US$ 340 million by 2024. The market valuation is estimated to be US$ 764 million by 2034, projected at a CAGR of 8.4%. An important motivator is the growth in need for NIR absorbing materials in several industries, such as the food and beverage, pharmaceutical, agricultural, and automotive sectors. The nondestructive analytical method of NIR spectroscopy, utilized for material identification, process monitoring, and quality control, makes substantial use of these Show less Read more
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