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Diamond Cutting and Polishing Market | Cutting-Edge Technology is Anticipated to Boost the Industry Revenue by 2026 | Top Key Players: Kristall Production Corporation, KGK Group, Moshe Namdar Diamonds LTD, Blue Star Diamonds and Bonas Group

Diamond Cutting and Polishing Market

Diamond Cutting and Polishing Market

Advanced computer programs with three dimensional images are used to cut diamonds efficiently and determine most profitable cuts. With technological advancements, computer-driven machines with robot arms that have the ability to cut 24 diamonds at the same time are available in the market. Over the past few years, lasers have been used for bruiting, and beveling process to provide characteristic sharp-edged shapes to diamonds. Calibrated Diamonds, based in Johannesburg, has introduced an automated laser-cutting system to make more precise cuts and even polish diamonds.

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Diamond Cutting and Polishing Market is gaining traction due to technological advancements and growing disposable income. Diamond cutting, and polishing is the process of converting a rough diamond to a shaped and beautiful gem. Cutting and polishing of a diamond is based on various factors such as shape, facet proportions, and quality of the cut. Diamonds are cut into various shapes such as round, oval, emerald, marquise, and pear among others. The different steps involved in diamond cutting include planning, cleaving, bruiting, polishing and inspecting. The different methods of cutting diamonds include cleaving, sawing, and grinding. Cleaving involves splitting a diamond with a chisel and is a relatively rare method used these days whereas sawing involves use of a circular copper blade embedded with diamond dust particles for cutting of diamonds. Another process used for diamond cutting is grinding, which presses the diamond to be cut against a diamond-dust-covered steel wheel that spins at 3,000 rpms. Sawing is preferred over grinding as it leaves behind saleable pieces of diamonds as compared to grinding, which produces only dust. Most diamonds provide a yield of 40 to 45 percent from rough diamonds during the cutting and polishing process.

The factors driving the growth of Diamond Cutting and Polishing Market include increasing standards of livings, and growing fashion trends. The increasing demand of branded and luxury jewelry, increasing disposable income, and technological advancements further supplement the growth of this market. Expansion of established companies into emerging economies and increase in sales of diamonds through online channels would provide numerous growth opportunities in the market. Leading players are also implementing new technologies such as automated cutting processes and advanced digital mapping and modelling for cutting and polishing of diamonds and optimizing yields.

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Key players in the Diamond Cutting and Polishing Market are: Kristall Production Corporation, KGK Group, Moshe Namdar Diamonds LTD, Blue Star Diamonds, Bonas Group

The leading brands operating in the Diamond Cutting and Polishing Market are adopting sustainable methods for diamond cutting and polishing owing to rising environmental concerns. Various non-profit organizations are collaborating with these players for the promotion of sustainability. In 2007, the Diamond Empowerment Fund was set up to support educational initiatives that develop and empower people in diamond communities around the world.

On the basis of geography, Asia-Pacific is expected to dominate the Diamond Cutting and Polishing Market over the forecast period. This is due to economic growth in countries such as China and India, leading to rising living standards and high disposable income. Expansion of global players into these countries to tap market potential boosts the market growth. Increasing number of diamonds cutting and polishing processes at economic costs in countries such as China, India, and Japan are the major factor anticipated to govern the market during upcoming years.

TOC of Diamond Cutting and Polishing Market:

Chapter 1. Overview and Scope

Chapter 2. Market Summary

Chapter 3 Diamond Cutting and Polishing Market Size and Forecast

Chapter 4. Dynamics and Segmentation

Chapter 5. Detailed Insight on Key Company

Chapter 6. Research Methodology and Reference

Chapter 7. Competitive Landscape

TOC Continued…...!!!

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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

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Polaris Market Research and Consulting
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