Color Palette:

1. Color Name: Midnight Blue
   Hex Code: 
                            
                            #191970
                        
   Palette Description: This deep, dark blue shade represents the background color of the video player. It creates a sense of mystery and elegance, perfect for setting the stage for video content.

2. Color Name: Play Button Green
   Hex Code: 
                            
                            #00FF00
                        
   Palette Description: This vibrant green shade symbolizes the play button in the video player. It represents action and playfulness, inviting users to click and start watching the video.

3. Color Name: Pause Button Red
   Hex Code: 
                            
                            #FF0000
                        
   Palette Description: This bold red shade represents the pause button in the video player. It conveys a sense of urgency and importance, indicating that the video playback has been temporarily stopped.

4. Color Name: Progress Bar Gray
   Hex Code: 
                            
                            #808080
                        
   Palette Description: This neutral gray shade represents the progress bar in the video player. It provides a visual indication of how much of the video has been played, creating a sense of continuity and control.

5. Color Name: Volume Control Yellow
   Hex Code: 
                            
                            #FFFF00
                        
   Palette Description: This bright yellow shade represents the volume control in the video player. It signifies sound and audio control, capturing attention and allowing users to adjust the volume according to their preference.