Press release
Global Synthetic Diamonds Market To Grow At A CAGR Of 7.49% During The Period 2017-2021
Diamond is a highly precious material and forms naturally in the mantel of the earth. Synthetic diamonds are artificially manufactured lab-grown diamonds. They possess same chemical and optical properties and crystal structure. Synthetic diamonds are mainly produced by two processes, the high pressure and high temperature (HPHT) method and the chemical vapor deposition (CVD) method.
Technavios analysts forecast the global synthetic diamonds market to grow at a CAGR of 7.49% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global synthetic diamonds market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Synthetic Diamonds Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Crystallume
Element Six
ILJIN Diamond
NEW DIAMOND TECHNOLOGY
Scio Diamond Technology
Other prominent vendors
Applied Diamond
D.NEA
Hebei Plasma Diamond Technology
New Age Diamonds
Zhengzhou Sino-Crystal Diamond
Market driver
Cost advantage of synthetic diamonds
For a full, detailed list, view our report
Market challenge
Complicated manufacturing process
For a full, detailed list, view our report
Market trend
Growing consumption of polished diamonds in jewelry industry
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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