Top Trends in Polarimeter Market Over 2030

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.

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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.