Global Refractometer Market has been witnessing a transitional phase in the recent years. Refractometer is an instrument used to measure refractive index of materials. Constant advances in technologies and instant growth in infrastructural advancement have triggered the growth of refractometer market.
Refractometer Market Evolving Technology, Trends, Key Market Segments and Industry Analysis by 2021
Functionally, there are two types of handheld refractometers namely, analog & digital which work on the principle that light passing through a prism has genuine characteristics. Such characteristics are known as BRIX. When light passes through a dry prism, the view remains to be blue in an analog refractometer. On the contrary, a digital refractometer throws an error message. Both the types reveal that light is not being interfered with as it goes through prism.
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Other functions of refractometer comprise determination of sample by comparing refractive index to initial known values. Besides, assessing the genuineness of sample by comparing refractive index to the value for pure substance and recognizing the concentration of a solute in a solution in comparison to solution’s refractive index to a standard curve.
Commercially, refractometers are mainly used for measuring substances in solutions specifically in sugar or salty solutions. Therefore, growing inclination of consumers towards nutritional information among food products leads to developing measures to analyze such information. Hence, with such anticipation and initiatives, the refractometer market is expected to rise at a higher CAGR during the forecast period.
The key driving factors responsible for the growth of refractometer market include rise in technological developments resulting into automatic measures for analyzing refractometry. Additionally, parametric analysis with quality in food & beverage products also enhances market growth during the forecast period. However, proper adjustment concerned with manufacturers as it leads to low adoption among end users which hampers the market growth during the forecast period. Overall, rising interest of investors, favorable funding by government and growing trend of automation are likely to project positive outcomes in upcoming years.
Refractometer market is segmented into portable and benchtop refractometers, based on type. Refractometer market is segmented into gemology, food processing, oil industry, pharmaceuticals, paint, research center, sugar refineries and schools based on end-use. Refractometer market is segmented into traditional handheld refractometers, laboratory refractometers, inline refractometers and digital refractometers. Digital refractometers segment is expected to rise at a higher CAGR during the forecast period.
Refractometer market spans North America, Latin America, Europe, Asia-Pacific, Middle-East & Africa. North America is anticipated to rise at a higher CAGR during the forecast period owing to inclination towards adoption of refractometers to analyze food & beverage industry. The key players in the refractometer market include Anton Paar GmbH, Mettler-Toledo International Inc., Rudolph Research Analytical, Hanna Equipments India Pvt. Ltd., and Xylem Analytics.
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