Allied Market Research

2024

Polarimeter Market

Polarimeter Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type and, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

SE : Electronic Systems and Devices

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Author's: | Sonia Mutreja
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A polarimeter is a device that measures the angle of rotation by which .the beam of polarized light is distracted. Depending on design of the instrument, the second filter is rotated till the light stops falling on the sensor/detector.

The rotation angle and direction of rotation provide one effective technique for determining optically active compound features. Polarimetry provides information on the compound's concentration and molecular structure. It may also include details about the solvent used. Optical activity of the compound is also influenced by wavelength of the light beam, temperature, and length of the optical path. Compounds with longer optical path exhibit greater angle of rotation. These variables can be used to regulate sensitivity of the instrument.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Advance research for development of new drug products, identification of new chemical entities, and the latest food and beverages testing methods are boosting the polarimeter market growth. A chemical compound can be toxic or non-toxic, depending on its type of isomer, which can be identified by using polarimeter. Thus, need for testing the toxicity of a compound is driving the market growth. However, technical limitations associated with the polarimeter are a major restraint for the global market growth. Furthermore, increasing adoption of polarimeter in chemical industries are creating new opportunities for the market.

The Global Polarimeter Market Trends are as Follows:

New Product Launches to Flourish the Market

The launch of new products that contain improved capabilities have been launched by leading market players. They have taken necessary steps to improve accuracy of devices and overall functionality as well.

Surge in Usage in Industrial Applications

Rising trend of analyzing credibility quo of agricultural antibiotic and microbial agro-pharmaceuticals is gaining considerable momentum, propelling the demand for automated polarimeter in agricultural applications. One of the major trends prevailing in the polarimeter market landscape is the demand for single, dual, and multiple wavelength derivatives. Manufacturers in the polarimeters are vying to introduce devices capable of functioning in highly sensitive ultra-violet environment. Manufacturers of automatic polarimeter are focusing on integrating large color touch screen display with innovative software interfaces to boost the end-user convenience, in line with the trend of introducing noble product.

COVID-19 Scenario Analysis: 

  • The global lockdown implemented in response to the COVID-19 outbreak has resulted in a financial collapse that has affected Polarimeter market size.
  • The outbreak of COVID-19 has announced the lockdown in countries which has restricted the import and exports of material and required electrical components.
  • Many manufacturers have facilities in China and rely on the country to supply components, and have therefore faced delays due to the coronavirus pandemic.
  • As government of different provinces have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Polarimeter market opportunity globally.
  • The emergence of COVID-19 has decelerated the market growth; however, due to uplifting lockdowns the market is slowly gaining traction. 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global polarimeter industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the polarimeter market share.
  • The current market is quantitatively analyzed to highlight the polarimeter market growth scenario.
  • The current Polarimeter market forecast is quantitatively analysed to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global polarimeter market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the Polarimeter Market Research Report:

  • Who are the leading market players active in polarimeter market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?

Polarimeter Market Report Highlights

Aspects Details
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By Type
  • Manual Polarimeter
  • Semi-Automatic Polarimeter
  • Automatic Digital Polarimeter
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By Application
  • Chemical Industry
  • Pharmaceutical Industry
  • Food & Beverage Industries
  • Research Institutes & Universities
  • Others
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Key Market Players

Hanon Instrument, Bellingham+ Stanley, PerkinElmer, Anton Paar, Hinds Instruments, Kruss Optronic, Polaris Sensor Technologies, Rudolph, Agr International, Vernier

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Polarimeter Market

Global Opportunity Analysis and Industry Forecast, 2023-2032