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According to our (Global Info Research) latest study, the global Synthetic Diamond market size was valued at USD 2038 million in 2022 and is forecast to a readjusted size of USD 3469.1 million by 2029 with a CAGR of 7.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of synthetic diamond include Element Six, Zhongnan Diamond, Huanghe Whirlwind, Diamond Foundry , Sino-Crystal Diamond, etc. The top five players hold a share about 73%. China is the largest producer, has a share about 87%, followed by Europe and North America, with share 5% and 4%, respectively. The largest market is Asia-Pacific, with a share about 47%, followed by North America and Europe, with share 30% and 17%, separately.
Synthetic diamond is usually produced by subjecting graphite to very high temperatures and pressures. Synthetic diamond resembles natural diamond in most fundamental properties, retaining the extreme hardness, broad transparency (when pure), high thermal conductivity, and high electrical resistivity for which diamond is highly prized. Because synthesis is an expensive process, large stones of gem quality are rarely made. Instead, most synthetic diamond is produced as grit or small crystals that are used to provide hard coatings for industrial equipment such as grinding wheels, machine tools, wire-drawing dies, quarrying saws, and mining drills. In addition, diamond films can be grown on various materials by subjecting carbon-containing gas to extreme heat, and those layers can be used in cutting tools, windows for optical devices, or substrates for semiconductors.
This report is a detailed and comprehensive analysis for global Synthetic Diamond market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Synthetic Diamond market size and forecasts, in consumption value ($ Million), sales quantity (Million Carats), and average selling prices (US$/K Carats), 2018-2029
Global Synthetic Diamond market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Million Carats), and average selling prices (US$/K Carats), 2018-2029
Global Synthetic Diamond market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Million Carats), and average selling prices (US$/K Carats), 2018-2029
Global Synthetic Diamond market shares of main players, shipments in revenue ($ Million), sales quantity (Million Carats), and ASP (US$/K Carats), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Synthetic Diamond
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Synthetic Diamond market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Element Six, Zhongnan Diamond, Huanghe Whirlwind, Diamond Foundry and Sino-Crystal Diamond, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Synthetic Diamond market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- HPHT
- CVD
Market segment by Application
- Construction Material
- Machining and Cutting Tools
- Diamond
- Others
Major players covered
- Element Six
- Zhongnan Diamond
- Huanghe Whirlwind
- Diamond Foundry
- Sino-Crystal Diamond
- Ningbo Crysdiam Technology
- IIa Technologies
- Henan Liliang Diamond
- ILJIN Diamond
- Sumitomo Electric Industries
- Shanghai Zhengshi Technology
- CR GEMS
- Anhui Hongjing New Materials
- Henan Yalong Superhard Materials
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Synthetic Diamond product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Synthetic Diamond, with price, sales, revenue and global market share of Synthetic Diamond from 2018 to 2023.
Chapter 3, the Synthetic Diamond competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Synthetic Diamond breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Synthetic Diamond market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Synthetic Diamond.
Chapter 14 and 15, to describe Synthetic Diamond sales channel, distributors, customers, research findings and conclusion.