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global synthetic diamond market size was estimated to be worth USD 14.9 billion in 2016. Also known as cultured, cultivated or artificial diamonds, they are increasingly used for an array of applications other than industrial including abrasives, laser optics, and telecommunication.
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Your CatalystTo a Lucrative Business Synthetic Diamond Market Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research “Global synthetic diamonds market is estimated to be worth USD 28.26 billion by 2024 as a result of its increasing demand for cutting, polishing, and drilling.” The Global Synthetic Diamonds Market is estimated to be worth USD 28.26 billion by 2024 as a result of its increasing demand for cutting, polishing, and drilling. Increasing utilization of these functions for development of infrastructure coupled with the growing spending on the sector is likely to propel market growth over the projected period. Expansion of the electronics and healthcare production base in countries including India and China is expected to provide new opportunities for the development of the market. Presence of manufacturing bases of companies including Samsung, Apple, Sony, Abbott, and GSK in Asia Pacific is expected to drive the demand for synthetic diamonds in various industrial applications. North America synthetic diamond market was valued at USD 3.89 billion in 2016 and is expected to witness above-average growth in light of rebound of the manufacturing sector. However, the presence of a stringent regulatory framework for the mining sector is likely to deter growth. Nonetheless, usage of synthetic diamonds in the existing mining processes is expected to support the market. Asia Pacific is likely to witness the fastest growth at a 9.1% CAGR over the projected period owing to the tremendous untapped potential of the manufacturing sector in the region. Increasing use of synthetic diamonds in various manufacturing processes owing to their relatively low cost and ease of availability. Browse Details of Report @https://www.hexaresearch.com/research-report/synthetic-diamond-market Follow Us:
Your CatalystTo a Lucrative Business Polished synthetic diamond market is anticipated to grow at a CAGR of 8.3% over the projected period on account of their relatively low demand in industrial application. However, the increasing use of these stone in jewelry coupled with the rising consumer awareness regarding fashionable accessories is expected to open new avenues for the growth of the market. Electronics was the largest application segment and is expected to witness growth at a CAGR of 8.7% over the projected period. Increasing demand for consumer electronics including washing machines, refrigerators, HVAC, smartphone, and tablets is expected to drive the market for synthetic stones subsequently. Centaurus Technologies Inc., Applied Diamond Inc., Element Six, New Diamond Technology, and ILJIN are some of the prominent players in the market. These companies are focusing on R&D to develop stones with a higher carat. For instance, using the HPHT process, New Diamond Technology (NDT) unveiled a 10.07 carat blue stone in September 2016. Hexa Research has segmented the global synthetic diamonds market based on operating process, type, application and region: Segmentation by process, 2014 - 2024 (USD Million) • HPHT (High Process High Treatment) • CVD (Chemical Vapor Deposition) Segmentation by type, 2014 - 2024 (USD Million) • Rough • Polished Segmentation by application, 2014 - 2024 (USD Million) • Construction & Mining • Electronics • Jewelry • Healthcare • Others Segmentation by region, 2014 - 2024 (USD Million) • North America • U.S. • Europe • Russia • Asia Pacific • India • China • Rest of the World (RoW) Key players analyzed • Applied Diamond Inc • Centaurus Technologies Inc. Follow Us:
Your CatalystTo a Lucrative Business • Crystallume • Element Six • ILJIN • New Diamond Technology • Pure Grown Diamonds LLC • Scio Diamond Technology Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/advanced- materials-industry Follow Us:
Your CatalystTo a Lucrative Business Table of Content of Synthetic Diamond Market Chapter 1. Market Summary 1.1. Market trends & movement Chapter 2. Synthetic Diamond Market Trends: Drivers & Opportunities 2.1. Introduction 2.2. Key industry trends 2.3. Market drivers 2.4. Market restraints 2.5. Value chain analysis 2.6. Porter's Five Forces analysis 2.7. SWOT Chapter 3. Synthetic Diamond Products Market Trends, By Process 3.1. Global synthetic diamond market movement, by process, 2014 & 2024 3.1.1. HPHT 3.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 3.1.2. CVD 3.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) Chapter 4. Synthetic Diamond Products Market Trends, By Type 4.1. Global synthetic diamond market movement, by type, 2014 & 2024 4.1.1. Rough 4.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 4.1.2. Polished 4.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) Chapter 5. Synthetic Diamond Products Market Trends, By Application 5.1. Global synthetic diamond market movement, by application, 2014 & 2024 5.1.1. Construction & Mining 5.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 5.1.2. Electronics 5.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 5.1.3. Jewelry 5.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 5.1.4. Healthcare 5.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 5.1.5. Others 5.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Billion) Chapter 6. Synthetic Diamond Products Market Trends, By Region 6.1. Global synthetic diamond market movement, by region, 2014 & 2024 6.1.1. North America 6.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 6.1.1.2. Market estimates and forecast, by process, 2014 - 2024 (USD Billion) 6.1.1.3. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) 6.1.1.4. Market estimates and forecast, by application, 2014 - 2024 (USD Billion) 6.1.2. Europe 6.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) Follow Us:
Your CatalystTo a Lucrative Business 6.1.2.2. Market estimates and forecast, by process, 2014 - 2024 (USD Billion) 6.1.2.3. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) 6.1.2.4. Market estimates and forecast, by application, 2014 - 2024 (USD Billion) 6.1.3. Asia Pacific 6.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 6.1.3.2. Market estimates and forecast, by process, 2014 - 2024 (USD Billion) 6.1.3.3. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) 6.1.3.4. Market estimates and forecast, by application, 2014 - 2024 (USD Billion) 6.1.4. Rest of the World 6.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 6.1.4.2. Market estimates and forecast, by process, 2014 - 2024 (USD Billion) 6.1.4.3. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) 6.1.4.4. Market estimates and forecast, by application, 2014 - 2024 (USD Billion) Chapter 7. Key Country Markets 7.1. U.S. 7.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 7.1.2. Market estimates and forecast, by demography, 2014 - 2024 (USD Billion) 7.1.3. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) 7.2. Russia 7.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 7.2.2. Market estimates and forecast, by demography, 2014 - 2024 (USD Billion) 7.2.3. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) 7.3. India 7.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 7.3.2. Market estimates and forecast, by demography, 2014 - 2024 (USD Billion) 7.3.3. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) 7.4. China 7.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion) 7.4.2. Market estimates and forecast, by demography, 2014 - 2024 (USD Billion) 7.4.3. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) Chapter 8. Competitive Landscape 8.1. Competitive landscape analysis, 2014 8.2. Strategic framework 8.3. Potential customer base concentration 8.4. Company market positioning 8.5. Company profiles 8.5.1. Applied Diamond Inc 8.5.1.1. Company Overview 8.5.1.2. Product Benchmarking 8.5.1.3. Financial Performance 8.5.1.4. Recent Initiatives 8.5.2. Centaurus Technologies Inc. 8.5.2.1. Company Overview 8.5.2.2. Product Benchmarking 8.5.2.3. Financial Performance 8.5.2.4. Recent Initiatives Follow Us:
Your CatalystTo a Lucrative Business 8.5.3. Crystallume 8.5.3.1. Company Overview 8.5.3.2. Product Benchmarking 8.5.3.3. Financial Performance 8.5.3.4. Recent Initiatives 8.5.4. Element Six 8.5.4.1. Company Overview 8.5.4.2. Product Benchmarking 8.5.4.3. Financial Performance 8.5.4.4. Recent Initiatives 8.5.5. ILJIN 8.5.5.1. Company Overview 8.5.5.2. Product Benchmarking 8.5.5.3. Financial Performance 8.5.5.4. Recent Initiatives 8.5.6. New Diamond Technology 8.5.6.1. Company Overview 8.5.6.2. Product Benchmarking 8.5.6.3. Financial Performance 8.5.6.4. Recent Initiatives 8.5.7. Pure Grown Diamonds LLC 8.5.7.1. Company Overview 8.5.7.2. Product Benchmarking 8.5.7.3. Financial Performance 8.5.7.4. Recent Initiatives 8.5.8. Scio Diamond Technology 8.5.8.1. Company Overview 8.5.8.2. Product Benchmarking 8.5.8.3. Financial Performance 8.5.8.4. Recent Initiatives 8.5.9. List of other vendors Follow Us:
Your CatalystTo a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Follow Us: