Press release
Synthetic Diamonds Market By Top Players - Element Six (E6),Applied Diamond,HEYARU GROUP,Sandvik,ILJIN
This study researches the market size of Synthetic Diamonds in United States, European Union and China, presents the Synthetic Diamonds production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
Synthetic diamonds are lab-grown or laboratory produced diamond, its physical and chemical properties resemble to those of natural diamonds. Synthetic diamonds (lab-grown diamonds) are also known as cultivated or cultured diamonds. These are manufactured in the laboratory by using CVD (chemical vapor deposition) or HPHT (high pressure high temperature) processes. Synthetic diamonds exhibit properties similar to natural diamonds; hence, they are widely utilized in end-user industries that use diamonds. Increase in demand for synthetic diamond in industrial application will boost the synthetic diamond market. Synthetic diamonds are widely utilized in computer chip production, construction, machinery production, mining services (such as drilling for minerals), gem exploration, stone cutting and polishing, surgery, astronomy, experimental physics, and electronics. Synthetic diamonds are also known for their usage in oil & gas drills, as no other material is capable of handling extreme conditions. Synthetic diamond-based products are also being employed in industrial and household water treatment. Polycrystalline CVDs are an essential component in high-performance loudspeakers. Synthetic diamond detectors of ultraviolet light particles are used at high-energy research facilities and are available commercially.
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The versatile properties of synthetic diamonds are the primary growth factors for this market. Synthetic diamonds possess a unique combination thermal, optical, mechanical, electronic, electrochemical, and acoustic properties that provides several economic and performance advantages in industrial applications. They are preferred for their exceptional hardness and low friction coefficient which is advantageous for applications such as high-precision cutting, precision dressing, and cutting tools. Owing to such advantages synthetic diamonds find their significance in applications across various industries including electrical and electronics, which will in turn, fuel the growth of the industrial diamond market.
Asia Pacific held the major share of the global synthetic diamond market in 2016. Growth of the region is primarily ascribed to the development of gem and industrial industry, especially in India, China, and Japan. In terms of value, Asia Pacific was estimated to hold for more than 45% share of the global synthetic diamond market in 2016. Consumers in India primarily focus on gem-quality diamonds for jewelry, while the consumers in China are intensifying studies aimed at utilizing synthetic diamonds in cutting-edge technologies. In Japan, diamond wafer team produces thin but rather wide CVD diamond plates. These plates can become the basis for future electronic devices. Thus, Asia Pacific is projected to be the fastest growing market during the forecast period.
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In 2018, the market size of Synthetic Diamonds is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Synthetic Diamonds.
In United States, European Union and China market, the following companies are covered:
Element Six (E6)
Applied Diamond
HEYARU GROUP
Sandvik
ILJIN
...
Market Segment by Product Type
Polished
Rough
Market Segment by Application
Construction & Mining
Electronics
Jewelry
Healthcare
Key Regions split in this report:
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
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The study objectives are:
To analyze and research the Synthetic Diamonds status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Synthetic Diamonds manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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