Press release
Synthetic Diamonds Market is Estimated to Reach USD 24.32 billion by 2030: Cognitive Market Research
Synthetic Diamonds Market is Estimated to Reach USD 24.32 billion by 2030: Cognitive Market Research
- Synthetic diamond is a man-made diamond material that is produced in a laboratory setting. It is made from a carbon base, typically graphite, that is subjected to high heat and pressure, mimicking the conditions that create natural diamonds. Synthetic diamonds have the same physical and chemical properties as natural diamonds and are often used in jewellery, industrial applications, and scientific research
Summary:
• Global Synthetic Diamonds market was USD 13.89 billion in 2023 and is projected to grow to USD 24.32 billion by 2030 at a CAGR of 7.6%.
• Asia Pacific holds the major share and North America is anticipated to grow at the fastest CAGR during the forecast period.
To know more The Synthetic Diamond Market statistics click here: https://www.cognitivemarketresearch.com/synthetic-diamonds-market-report
Market Dynamics:
- The growing electronic industry globally is driving the growth of the synthetic diamonds market. Synthetic diamonds are used in high-power switches, high-frequency field-effect transistors, and light-emitting diodes (LEDs). Additionally, synthetic diamonds have applications in telecommunication, manufacturing machines and computer chips, mining, medical procedures, space science, and other industries that are driving the growth of the market. Furthermore, increasing industrialization, combined with rising personal disposable income, will have a positive impact on the synthetic diamond market's growth rate.
Market Segmentation:
- Type:
• Polished
• Rough
- Diamond Type
• RVD diamond grain
• MBD diamond grain
• SCD diamond grain
• SMD diamond grain
• DMD diamond grain
- RVD diamond grain:
RVD (Resin Bonded Diamond) is a type of diamond grain commonly used for industrial grinding and polishing applications. The diamond grain can adhere to various tool shapes such as grinding wheels and saw blades.
- MBD diamond grain:
MBD diamond particles are consistently dispersed in a metal bond matrix, which is typically made of iron, nickel, or cobalt. The metal bond provides strength and durability to the grain. This allows it to maintain its shape and cutting performance under high-stress and high-heat conditions.
- SCD diamond grain:
Single crystal diamond (SCD) is used as a cutting tool and wear-resistant tool because of its highest hardness in all materials. It is also called a monocrystalline diamond that has no grain boundaries. Single crystal diamond made up of homoepitaxial growth.
- Manufacturing Process:
• High-Pressure High Temperature
• Chemical Vapor Deposition
- Competitive Analysis for 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).
Get free sample pages of latest published Synthetic Diamond Market Report: https://www.cognitivemarketresearch.com/synthetic-diamonds-market-report
Regional Analysis:
- Asia-Pacific dominates the synthetic diamond market owing to the increasing demand for synthetic diamonds in this region and growing advancement in gems and industrial sectors are driving the growth of synthetic diamonds in this region. North America anticipated growing at a significant rate during the forecast period.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Synthetic Diamonds Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Synthetic Diamonds Market Segmentation
1.5.1 Synthetic Diamonds Market Regional Fragmentation
1.5.1 Synthetic Diamonds Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Synthetic Diamonds Market
• 3.1 Global Synthetic Diamonds Market Size 2018 - 2030, (USD Million)
• 3.2 Global Synthetic Diamonds Market Statistics 2022: Snapshot
Chapter 4 Global Synthetic Diamonds Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Synthetic Diamonds Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Synthetic Diamonds Market by Diamond Type Segmentation Analysis (2018-2030)
Chapter 10 Global Synthetic Diamonds Market by Manufacturing Process Segmentation Analysis (2018-2030)
Chapter 11 Global Synthetic Diamonds Market Regional Analysis
Chapter 12 North America Synthetic Diamonds Market Outlook (2018 - 2030)
Chapter 13 Europe Synthetic Diamonds Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Synthetic Diamonds Market Outlook (2018 - 2030)
Chapter 15 Latin America Synthetic Diamonds Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Synthetic Diamonds Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Synthetic Diamond Market TOC click here: https://www.cognitivemarketresearch.com/synthetic-diamonds-market-report#table_of_contents
Related Report:
• Lab Grown Synthetic Diamonds Market- https://www.cognitivemarketresearch.com/lab-grown-synthetic-diamonds-market-report
• Industrial Synthetic Diamond Market- https://www.cognitivemarketresearch.com/industrial-synthetic-diamond-market-report
• Jewelry Synthetic Diamonds Market- https://www.cognitivemarketresearch.com/jewelry-synthetic-diamonds-market-report
• Chemical Vapour Deposition Synthetic Diamond Market- https://www.cognitivemarketresearch.com/chemical-vapour-deposition-synthetic-diamond-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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