Data Bridge Market Research analyses that the synthetic diamond market was valued at USD 14.08Â billion in 2021 and is expected to reach USD 25.24 billion by 2029, registering a CAGR of 7.57 % during the forecast period of 2022 to 2029.
Key Pointers Covered in Synthetic Diamond Market Industry Trends and Forecast to 2029
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Regulatory Framework and Changes
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
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Benefits of Considering this Report:
- This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
- A complete picture of the competitive scenario of Synthetic Diamond Market is depicted by this report.
- The report consists of a vast amount of data about the recent product and technological developments in the markets.
- The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.
Synthetic Diamond Market Scope and Market Size
The global synthetic diamond market is segmented on the basis of products, types, manufacturing process and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Bort
- Dust
- Grit
- Powder
- Stone
Type
- Polished
- Rough
Manufacturing Process
- High Pressure
- High Temperature
- Chemical Vapour Deposition
Application
- Gem
- Heat Sinks/Exchangers
- High-end Electronics
- Laser and X-ray
- Machine and Cutting Tools
- Surgical Machinery
- Water Treatment
- Quantum Computing
- Optical, Sensors and Scanning
- Medical
- Electricals
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 Some of the key questions answered in this report:
- How has the Synthetic Diamond Market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the procedure?
- What is the breakup of the market based on the injury location?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Synthetic Diamond Market and who are the key players?
- What is the degree of competition in the industry?
Market Analysis and Insights: Synthetic Diamond Market
- When it comes to synthetic diamonds, most of the jewellers would be able to source the diamonds directly from the laboratories. This process generally works the same, such as, if customer would like to design an engagement ring then they will ask for a synthetic diamond to be placed in the middle of the band. Â Due to their physical and chemical properties , such as widest optical transparency window, wide band gap, chemical inertness, electric insulation, hardness, exceptional thermal conductivity, high electrical carrier mobility, high resistance to thermal shock, Â and excellent mechanical properties, have made it extensively useful option for application in electronic devices.
- Synthetic diamond is also known as a man-made diamond which has created in a lab. Synthetic diamond is also defined as a laboratory grown diamond due to same optical and physical properties as a natural diamond. This diamond is often defined as a complete copy of a natural diamond since the same procedures and methods which were used to recreate the synthetic diamond. It contains the same crystal lattice structure as a natural diamond.
- Increase the use of synthetic diamonds in the electronics industry due to their ability to act as a heat sink. This diamond prevents the silicon and other semiconductor products from overheating due to this it has become a critical heat-enabling technology. The consistently growing demand for cellular phones is boosting the demand for semiconductors which is are expected to drive the demand for synthetic diamonds market.
Synthetic Diamond Market Country Level Analysis
- S., Canada and Mexico in [North America]
- Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]
- China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, [Rest of Asia-Pacific (APAC)]
- Saudi Arabia, U.A.E, South Africa, Egypt, Israel, [Rest of Middle East and Africa (MEA)]
- Brazil, Argentina and [Rest of South America]
Synthetic Diamond Market Share Analysis
The synthetic diamond market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to synthetic diamond market.
Key player Synthetic Diamond Market
- Element Six UK Ltd. (UK)
- Scio Diamond Technology Corporation (US)
- Applied Diamond Inc (US)
- HEYARU (India)
- Sandvik Group (Sweden)
- ILJIN DIAMOND CO., LTD. (South Korea)
- Henan Huanghe Whirlwind CO.,Ltd. (China)
- Zhengzhou Sino-Crystal Diamond Co.,Ltd. (China)
- Industrial Abrasives Ltd (UK)
- Swarovski (Austria)
- Soham Industrial Diamonds (India)
- Eco Star Diamond (India)
- Krystal Grown Diamonds (India)
- HeNan LiLiang Diamond Co., Ltd (China)
- New Diamond Technology (Russia)
- FOREVER COMPANIES (US)
- Hyperion Materials & Technologies (US)
- Scio Diamond Technology Corporation (US)
- NOVA DIAMONDS PTY LTD (Australia)
- Charles & Colvard (US)
 MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Synthetic Diamond Market Share by Product & Procedure type
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