Global Synthetic Diamond Market, By Type (Polished, Rough), By Product (Bort, Dust, Stone, Grit, Pow

Published Date: | Report Code : MT1958307

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Growing demand from end-use industry applications in developing regions and promotion of application specific grades by companies is expected to drive the synthetic diamond market during the forecast period. This market has witnessed number of key developments in terms of application specific grade developments and strategic investments in emerging regions by companies to strengthen their market position in the global market. Some of the other key factors governing the market dynamics include regulatory scenario, exchange rates, environmental constraints, and so on. All these factors are expected to have a significant impact on the dynamics of synthetic diamond market during the forecast period.

A synthetic diamond is manufactured by a controlled process in a laboratory or a research center, as opposed to a natural diamond made by geological processes. The physical and chemical properties of a synthetic diamond are very similar to those of a natural diamond. These are also called as cultivated diamonds or cultured diamonds.

Segment Analysis:

Based on the type, it is bifurcated as polished and rough. The polished ones are used in applications such as jewelry, electronics, and health care while the rough diamonds are used in oil & gas, mining, etc.

On the basis of the product, it is divided into bort, dust, stone, grit, powder.

By the process, it is segmented as HPHT (High Pressure High Temperature) and CVD (Chemical Vapor Deposition). HPHT is widely used as it has a lower manufacturing cost in comparison to its alternative

Based on the applications, it is used in jewelry, heat sinks/exchangers, high-end electronics, machinery & cutting tools, lasers & x-rays, surgical machinery, and others.

Key Factors Impacting Market Growth:

  • Growing demand from end-use industries

  • Increasing emphasis regarding the gem quality

Regional Analysis:

The regional outlook section for synthetic diamond market provides the region-wise market projections along with related market dynamics. In addition, this section provides further information about segments in the market on regional basis and country-wise outlook. Major regions considered in this report include North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. North America and Western Europe have been traditional markets with sizeable demand for advanced materials from end-use industries. North America and Western Europe with an established industrial sector having substantial contribution towards respective economies are estimated to dominate overall demand by region. Some of the major industries in this regionincludes automotive, heavy engineering, building & construction, aerospace & defense, mining, and so on. This industries are expected to register steady growth in North America and Western Europe region during the forecast period.

Asia Pacific region is estimated to register highest CAGRwith strong industrial and infrastructural growth. Some of the major economies, in the region include China, India, South Korea, Japan, Australia, and so on. In addition, favourable conditions for production activities in addition to the growing market demand has attracted global companies to make strategic investments in this region. Middle East and Eastern Europe with countries including UAE, Russia, Saudi Arabia, Turkey, and Qatar are expected to be potential markets with growth of industrial sector in the region. Rest of the World consisting of South America and Africa are estimated to be emerging regions for synthetic diamond market during the forecast period.

Companies Covered: Applied Diamond Inc., Element Six (E6), HEYARU GROUP, Sandvik AB, Zhengzhou Sino-Crystal Diamond Co.Ltd., and Henan Huanghe Whirlwind….

Market Segmentation:

By Type:

  • Polished

  • Rough

By Product:

  • Bort

  • Dust

  • Stone

  • Grit

  • Powder

By Process:

  • HPHT

  • CVD

By Application:

  • Jewelry

  • Heat Sinks/Exchangers

  • High-end Electronics

  • Machinery & Cutting Tools

  • Lasers & X-rays

  • Surgical Machinery

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Product

    • By Process

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Product

    • By Process

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Product

    • By Process

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Product

    • By Process

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Product

    • By Process

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Product

    • By Process

    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global synthetic diamond market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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