KEY FINDINGS
The global synthetic diamonds market is forecasted to register a CAGR of 8.89% in terms of revenue during the estimated years 2022 to 2030. The market growth is facilitated by the increasing industrial demand for synthetic diamonds, affordable alternatives for natural diamonds, and less production time.
MARKET INSIGHTS
Lab-grown diamonds typically referred to as lab-created diamonds or man-made diamonds, are grown in highly controlled laboratory settings by virtue of cutting-edge technological procedures. These procedures replicate the environmental conditions under which diamonds are organically developed beneath the crust of the Earth. Moreover, synthetic diamonds constitute real carbon atoms arranged in a diamond crystal form.
Synthetic diamonds are priced up to 40% under natural diamonds, graded as per the four Cs, namely, carat weight, cut, color, and clarity, similar to their organic counterpart. The prices of synthetic diamonds are expected to drop further as the supply chain is relatively shorter and the process is renewable. Furthermore, the manufacturing of synthetic diamonds is on the rise as production becomes faster and less expensive. Since the affordability and manufacturing of synthetic diamonds are surging, the aforementioned factors are expected to be key drivers fueling the global synthetic diamond market growth.
REGIONAL INSIGHTS
The global synthetic diamonds market growth evaluation comprises the assessment of the Asia-Pacific, North America, Europe, and the Rest of World. North America is set to be the leading region during the forecast years. The market's growth is propelled by the booming automobile and aerospace sector, the ever-growing demand for electronics, and a rising inclination towards jewelry made from synthetic diamonds, including casual as well as special occasion jewelry.
COMPETITIVE INSIGHTS
In terms of production, the global synthetic diamonds market is fragmented, with major key players holding significant control over the supply. This has resulted in intense competition, in addition to competitive pricing.
Some of the top players operating in the market are Engis Corporation, Asahi Diamond Industrial Co Ltd, Brilliant Earth LLC, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Global Synthetic Diamonds Market Forecast 2022-2030
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Affordable Alternative For Natural Diamonds
3.1.2. Growing Need And Less Production Time
3.1.3. Increasing Demand For Synthetic Diamonds
3.2. Key Restraints
3.2.1. Declining Value Of Synthetic Diamonds
3.2.2. Expensive And Extensive Set-Up For Synthetic Diamond Production
4. Key Analytics
4.1. Impact Of Covid-19 On Synthetic Diamonds Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
4.7. Key Buying Criteria
4.7.1. Price
4.7.2. Certification
4.7.3. Brand Name
4.7.4. Application
5. Market By Manufacturing Process
5.1. High Pressure High Temperature (Hpht)
5.2. Chemical Vapor Deposition (Cvd)
6. Market By Color
6.1. Colored
6.2. Colorless
7. Market By Distribution Channel
7.1. Online Channel
7.2. Offline Channel
8. Market By Application
8.1. Construction
8.2. Mining
8.3. Oil & Gas
8.4. Electronics
8.5. Healthcare
8.6. Jewelry
8.7. Other Applications
9. Geographical Analysis
9.1. North America
9.1.1. Market Size & Estimates
9.1.2. Key Growth Enablers
9.1.3. Key Challenges
9.1.4. Key Players
9.1.5. Country Analysis
9.1.5.1. United States
9.1.5.2. Canada
9.2. Europe
9.2.1. Market Size & Estimates
9.2.2. Key Growth Enablers
9.2.3. Key Challenges
9.2.4. Key Players
9.2.5. Country Analysis
9.2.5.1. United Kingdom
9.2.5.2. Germany
9.2.5.3. France
9.2.5.4. Italy
9.2.5.5. Spain
9.2.5.6. Belgium
9.2.5.7. Rest Of Europe
9.3. Asia-Pacific
9.3.1. Market Size & Estimates
9.3.2. Key Growth Enablers
9.3.3. Key Challenges
9.3.4. Key Players
9.3.5. Country Analysis
9.3.5.1. China
9.3.5.2. Japan
9.3.5.3. India
9.3.5.4. South Korea
9.3.5.5. Indonesia
9.3.5.6. Thailand
9.3.5.7. Australia & New Zealand
9.3.5.8. Rest Of Asia-Pacific
9.4. Rest Of World
9.4.1. Market Size & Estimates
9.4.2. Key Growth Enablers
9.4.3. Key Challenges
9.4.4. Key Players
9.4.5. Regional Analysis
9.4.5.1. Latin America
9.4.5.2. Middle East & Africa
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Mergers & Acquisitions
10.1.2. Product Launches & Developments
10.1.3. Partnerships & Agreements
10.2. Company Profiles
10.2.1. Applied Diamond Inc
10.2.2. Asahi Diamond Industrial Co Ltd
10.2.3. Brilliant Earth Llc
10.2.4. Element Six
10.2.5. Engis Corporation
10.2.6. Henan Huanghe Whirlwind Co Ltd
10.2.7. Henan Liliang Diamond Co Ltd
10.2.8. Heyaru Engineering Nv
10.2.9. Iljin Diamond Co Ltd
10.2.10. Labgems
10.2.11. New Diamond Technology Llc
10.2.12. Soham Industrial Diamonds
10.2.13. Sumitomo Electric Industries Ltd
10.2.14. Wd Lab Grown Diamonds
10.2.15. Zhengzhou Sino-Crystal Diamond Co Ltd
List Of Tables
Table 1: Market Snapshot - Synthetic Diamonds
Table 2: Comparative Price Of Natural Vs Synthetic Diamond
Table 3: Difference Between Natural And Synthetic Diamonds
Table 4: Global Synthetic Diamonds Market, By Manufacturing Process, Historical Years, 2018-2021 (In $ Million)
Table 5: Global Synthetic Diamonds Market, By Manufacturing Process, Forecast Years, 2022-2030 (In $ Million)
Table 6: Global High Pressure High Temperature (Hpht) Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 7: Global High Pressure High Temperature (Hpht) Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 8: Global Chemical Vapor Deposition (Cvd) Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 9: Global Chemical Vapor Deposition (Cvd) Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 10: Global Synthetic Diamonds Market, By Color, Historical Years, 2018-2021 (In $ Million)
Table 11: Global Synthetic Diamonds Market, By Color, Forecast Years, 2022-2030 (In $ Million)
Table 12: Global Colored Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 13: Global Colored Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 14: Global Colorless Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 15: Global Colorless Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 16: Global Synthetic Diamonds Market, By Distribution Channel, Historical Years, 2018-2021 (In $ Million)
Table 17: Global Synthetic Diamonds Market, By Distribution Channel, Forecast Years, 2022-2030 (In $ Million)
Table 18: Global Online Channel Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 19: Global Online Channel Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 20: Global Offline Channel Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 21: Global Offline Channel Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 22: Global Synthetic Diamonds Market, By Application, Historical Years, 2018-2021 (In $ Million)
Table 23: Global Synthetic Diamonds Market, By Application, Forecast Years, 2022-2030 (In $ Million)
Table 24: Global Construction Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 25: Global Construction Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 26: Global Mining Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 27: Global Mining Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 28: Global Oil & Gas Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 29: Global Oil & Gas Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 30: Global Electronics Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 31: Global Electronics Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 32: Global Healthcare Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 33: Global Healthcare Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 34: Global Jewelry Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 35: Global Jewelry Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 36: Global Other Applications Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 37: Global Other Applications Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 38: Global Synthetic Diamonds Market, By Geography, Historical Years, 2018-2021 (In $ Million)
Table 39: Global Synthetic Diamonds Market, By Geography, Forecast Years, 2022-2030 (In $ Million)
Table 40: North America Synthetic Diamonds Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 41: North America Synthetic Diamonds Market, By Country, Forecast Years, 2022-2030 (In $ Million)
Table 42: Leading Players Operating In North America Synthetic Diamonds Market
Table 43: Europe Synthetic Diamonds Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 44: Europe Synthetic Diamonds Market, By Country, Forecast Years, 2022-2030 (In $ Million)
Table 45: Leading Players Operating In Europe Synthetic Diamonds Market
Table 46: Asia-Pacific Synthetic Diamonds Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 47: Asia-Pacific Synthetic Diamonds Market, By Country, Forecast Years, 2022-2030 (In $ Million)
Table 48: Leading Players Operating In The Asia-Pacific Synthetic Diamonds Market
Table 49: Rest Of World Synthetic Diamonds Market, By Region, Historical Years, 2018-2021 (In $ Million)
Table 50: Rest Of World Synthetic Diamonds Market, By Region, Forecast Years, 2022-2030 (In $ Million)
Table 51: Leading Players Operating In Rest Of World Synthetic Diamonds Market
Table 52: List Of Mergers & Acquisitions
Table 53: List Of Product Launches & Developments
Table 54: List Of Partnerships & Agreements
List Of Figures
Figure 1: Key Market Trends
Figure 2: Porter's Five Forces Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Value Chain Analysis
Figure 6: Key Buying Criteria
Figure 7: Global Synthetic Diamonds Market, Growth Potential, By Product, In 2021
Figure 8: Global Synthetic Diamonds Market, By High Temperature High Pressure (Hpht), 2022-2030 (In $ Million)
Figure 9: Global Synthetic Diamonds Market, By Chemical Vapor Deposition, 2022-2030 (In $ Million)
Figure 10: Global Synthetic Diamonds Market, Growth Potential, By Color, In 2021
Figure 11: Global Synthetic Diamonds Market, By Colored, 2022-2030 (In $ Million)
Figure 12: Global Synthetic Diamonds Market, By Colorless, 2022-2030 (In $ Million)
Figure 13: Global Synthetic Diamonds Market, Growth Potential, By Distribution Channel, In 2021
Figure 14: Global Synthetic Diamonds Market, By Online Channel, 2022-2030 (In $ Million)
Figure 15: Global Synthetic Diamonds Market, By Offline Channel, 2022-2030 (In $ Million)
Figure 16: Global Synthetic Diamonds Market, Growth Potential, By Application, In 2021
Figure 17: Global Synthetic Diamonds Market, By Construction, 2022-2030 (In $ Million)
Figure 18: Global Synthetic Diamonds Market, By Mining, 2022-2030 (In $ Million)
Figure 19: Global Synthetic Diamonds Market, By Oil & Gas, 2022-2030 (In $ Million)
Figure 20: Global Synthetic Diamonds Market, By Electronics, 2022-2030 (In $ Million)
Figure 21: Global Synthetic Diamonds Market, By Healthcare, 2022-2030 (In $ Million)
Figure 22: Global Synthetic Diamonds Market, By Jewelry, 2022-2030 (In $ Million)
Figure 23: Global Synthetic Diamonds Market, By Other Applications, 2022-2030 (In $ Million)
Figure 24: North America Synthetic Diamonds Market, Country Outlook, 2021 & 2030 (In %)
Figure 25: United States Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 26: Canada Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 27: Europe Synthetic Diamonds Market, Country Outlook, 2021 & 2030 (In %)
Figure 28: United Kingdom Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 29: Germany Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 30: France Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 31: Italy Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 32: Spain Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 33: Belgium Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 34: Rest Of Europe Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 35: Asia-Pacific Synthetic Diamonds Market, Country Outlook, 2021 & 2030 (In %)
Figure 36: China Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 37: Japan Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 38: India Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 39: South Korea Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 40: Indonesia Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 41: Thailand Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 42: Australia & New Zealand Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 43: Rest Of Asia-Pacific Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 44: Rest Of World Synthetic Diamonds Market, Regional Outlook, 2021 & 2030 (In %)
Figure 45: Latin America Synthetic Diamonds Market, 2022-2030 (In $ Million)
Figure 46: Middle East & Africa Synthetic Diamonds Market, 2022-2030 (In $ Million)
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