The report on the Global Synthetic Diamond Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Synthetic diamonds are artificial man-made diamonds, but possess characteristics which are similar to natural diamonds. Synthetic diamonds can be grown in the laboratory or commercially at very less cost. The properties of synthetic diamonds can be modified as per the industries requirements. The cost of synthetic diamond depends upon cut, clarity, color, and carat. Synthetic diamonds are widely used in applications such as mining, construction, electronics, healthcare and jewelry.
The synthetic diamonds are classified according to manufacturing process as HPHT (High Pressure High Temperature) and CVD (Chemical Vapor Deposition). HPHT is the widely used manufacturing process. Synthetic diamonds are divided into polished and rough diamonds based on type. Rough Diamonds are widely used in industrial applications. On the basis of product segment, synthetic diamonds are segmented into bort, grit, dust, powder, and stone segments. Stone form of synthetic diamond is widely used and has the greatest market share. The synthetic diamond are classified according to the end-user as construction and mining, electronics, jewelry, healthcare and others. Jewelry is the fastest growing end-user segment and is expected to grow during the forecast period.
The key drivers for Synthetic Diamond Market are rising demand in various end-user industries, technical advancements and innovation and rising economies across the globe. The growth is electronic market is expected to fuel the market for synthetic diamond. The advancements of new technologies allow customization of synthetic diamonds. These customized diamonds finds it application in biotechnology, quantum computing, high-sensitivity sensors, and laser optics. The key constraints of this market are complex manufacturing methods and the negative mindset towards the synthetic diamonds.
Asia Pacific is the largest market for synthetic diamonds and is expected to continue its dominance during the forecast period. It is due to presence of developing economies and the growth of mining and construction industries.
The Key players in the synthetic diamond market are:
- Applied Diamond Inc.
- Centaurus Technologies Inc.
- Crystallume
- Element Six
- ILJIN
- New Diamond Technology
- Pure Grown Diamonds LLC
- Sandvik AB
- Scio Diamond Technology Corporation
- Tomei Diamond Co. Ltd.
- Washington Diamonds Corporation
SEGMENTATIONS IN REPORT:
Synthetic Diamond By Manufacturing Process
- High Pressure High Temperature (HPHT)
- Chemical Vapor Deposition (CVD)
Synthetic Diamond By Type
Synthetic Diamond By Product
- Bort
- Dust
- Grit
- Powder
- Stone
Synthetic Diamond By End-user
- Construction and Mining
- Electronics
- Jewelry
- Healthcare
- Others
Synthetic Diamond By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East And Africa
The Global Synthetic Diamond Market has been exhibited in detail in the following chapters -
Chapter 1 Synthetic Diamond Market Preface
Chapter 2 Executive Summary
Chapter 3 Synthetic Diamond Industry Analysis
Chapter 4 Synthetic Diamond Market Value Chain Analysis
Chapter 5 Synthetic Diamond Market Analysis By Manufacturing Process
Chapter 6 Synthetic Diamond Market Analysis By Type
Chapter 7 Synthetic Diamond Market Analysis By Product
Chapter 8 Synthetic Diamond Market Analysis By End-User
Chapter 9 Synthetic Diamond Market Analysis By Geography
Chapter 10 Competitive Landscape Of Synthetic Diamond Companies
Chapter 11 Company Profiles Of Synthetic Diamond Industry