openPR Logo
Press release

CVD Lab-grown Diamonds Market worth $15.9 billion by 2027 | Key players De Beers Group (UK), Sumitomo Electric Industries Ltd. (Japan), Goldiam (India), Adamas One Corp (US).

12-19-2023 03:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

CVD Lab-grown Diamonds Market, CVD Lab-grown Diamonds, Lab-grown Diamonds, Diamonds Market, Diamonds

CVD Lab-grown Diamonds Market, CVD Lab-grown Diamonds, Lab-grown Diamonds, Diamonds Market, Diamonds

According to recent market research the "CVD Lab-grown Diamonds Market by Type (Rough, Polished), Color, Application (Machine & Cutting Tools; Heat Sinks & Exchangers; Optical, Laser, & X-ray; Electronics; Healthcare Instruments; Gemstone), and Region - Global Forecast to 2027", is projected to grow from USD 11.3 billion in 2022 to USD 15.9 billion by 2027, at a CAGR of 7.1% from 2022 to 2027. Major factors driving the growth of the CVD lab-grown diamond include increasing adoption among consumers, and demand from various growing applications such as electronics, machine & cutting tools, and others.

Browse 275 market data Tables and 47 Figures spread through 226 Pages and in-depth TOC on "CVD Lab-grown Diamonds Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/cvd-lab-grown-diamonds-market-11040749.html

The rough segment, by type, in the market accounted for the highest share. Rough diamond has properties such as of thermal conductivity, broadband optical transparency, and hardness which makes it suitable to be used in various industrial applications such as heat sinks, optical solutions, and cutting tools, among others.

The colorless segment, by color, in this market accounted for the highest share. Colorless diamonds are used in heat sinks, exchangers, and jewelry applications. The demand for colorless diamonds is highest in the machine & cutting tools segment. These diamonds have a cost-effective manufacturing process, making them suitable for usage in abrasive industrial applications.

The machine & cutting tools segment, by application, the market accounted for the highest share. As diamond is one of the hardest naturally available materials, it is largely being consumed for manufacturing machine & cutting tools. However, as CVD diamonds have identical properties to mined diamonds, they are swiftly replacing natural diamonds in these application areas. CVD diamond cutting tools are used in machining graphite, carbon fiber, and machining composite materials.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=11040749

North America accounted for the largest share in the CVD lab-grown diamonds market. The market of CVD lab-grown diamonds is driven by the growing demand from consumers in the US, majorly in the jewellery segment. Many consumers in North America region prefers lab-grown diamonds over natural diamond due to their eco-friendly characteristics.
De Beers Group (UK), Sumitomo Electric Industries Ltd. (Japan), Goldiam (India), Adamas One Corp (US), Bhanderi Lab Grown Diamonds LLP (India), Hebei Plasma Diamond Technology Co., Ltd. (China), SP3 Diamond Technologies (US), Delaware Diamond Knives, Inc. (US), EDP Corporation (Japan), Tomei Diamond Corporation (Japan), Heyaru (Belgium), Beijing Worldia Diamond Tools Co., Ltd. (China), Ritani (US), and Shanghai Zhengshi Technology Co., Ltd. (China) are the key players in CVD lab-grown diamond market.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=11040749

De Beers Group is one of the leading diamond firms. The company has manufacturing units in China, Ireland, Germany, South Africa, and the UK. In 2000, the synthetic diamond and tungsten carbide super materials business of De Beers Group was rebranded as Element Six. The Company Produces CVD diamonds for aerospace, electronics, and optical applications. In 2020, the company launched the Diafilm ETC700 CVD diamond heat spreader which is designed to provide electrical conductivity in addition to the diamond's exceptional thermal performance.

SP3 Diamond Technology is a US-based CVD diamond manufacturer. The company produces CVD diamonds for water & wastewater treatment, bio-electrochemical, and electro-synthesis, among other applications. The company also manufactures CVD diamond-coated cutting tools, wears, seals, wafers, and other products. In January 2021, MAPAL signed a agreement with sp3 Diamond Technology for the supply of diamond coatings required for their tools.

Goldiam International Ltd. is an OEM partner and exporter of diamond jewelry. The company offers rough and polished diamonds for jewelry application. The company operates in two segments such as jewelry manufacturing and investment activity. In June 2021, Goldiam International Ltd. acquired an 88% stake in Eco-Friendly Diamonds LLP, a CVD lab-grown diamond manufacturer.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/cvd-lab-grown-diamonds.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/cvd-lab-grown-diamonds-market.asp

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release CVD Lab-grown Diamonds Market worth $15.9 billion by 2027 | Key players De Beers Group (UK), Sumitomo Electric Industries Ltd. (Japan), Goldiam (India), Adamas One Corp (US). here

News-ID: 3332271 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Diamond

Industrial Diamond Market Hits New High | Major Giants Sandvik, Zhongnan Diamond …
HTF MI just released the Global Industrial Diamond Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach. 𝐌𝐚𝐣𝐨𝐫 Giants in Industrial Diamond Market are: De Beers Group, Element Six,
Diamond Wire Rope Market 2023: Companies Revenue Analysis- Diamond WireTec, Asah …
The Diamond Wire Rope market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with
Synthetic Diamond Market Seeking Excellent Growth | New Diamond Technology, Appl …
Advance Market Analytics published a new research publication on "Synthetic Diamond Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Synthetic Diamond market was mainly driven by the increasing R&D spending across the world. Get Free Exclusive PDF Sample Copy of
Jewelry Diamond Market is Booming Worldwide | Zhongnan Diamond, Jinqu Chaoying D …
Latest launched research document on Global Jewelry Diamond Market study of 115 Pages provides detailed analysis with presentable graphs, charts and tables. The Research Study presents a complete assessment of the Market and highlights future trend, growth factors & drivers, leaders opinions, facts, and primary validated market data. The research study provides estimates for Global Jewelry Diamond Forecast till 2026*. How to reach that market place and its associated audience with
Synthetic Diamond Market | Key Players - Include Element Six (E6), Applied Diamo …
As per the current market trends and the promising nature of the Global Synthetic Diamond Market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Market Research Reports Search Engine would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode various
Global Industrial Diamond Sales Market 2017 - Advanced Diamond Solutions, Applie …
The Industrial Diamond Sales market research report distils the most essential aspects of the market and presents them in the form of a comprehensive and cohesive document. The findings of this report have been obtained via a balanced mix of both primary and secondary research. Interviews of C-level executives in the Industrial Diamond Sales market form a chunk of the qualitative analysis contained in this report. Download Sample Report @