KEY FINDINGS
The North America synthetic diamonds market is set to emerge with a CAGR of 9.04% over the forecasted period of 2022 to 2030. Some of the main factors ascribed to the regional market's growth are the rising inclination towards jewelry made from synthetic diamonds, such as special occasion and casual jewelry, as well as the rapid growth in the industrial sector, including construction and mining activities.
MARKET INSIGHTS
The North America synthetic diamonds market growth evaluation encompasses the analysis of Canada and the United States. As one of the major manufacturing sectors in Canada, nearly 2,000 companies are engaged in the production of electronics. In this regard, synthetic diamonds are mainly employed as heat sinks in the electronics as well as semiconductor industries on account of their high thermal conductivity. Moreover, Canada's improved network connectivity is a key driver propelling the expansion of the industry.
Man-made diamonds are also employed in Canada's medical avenue for surgical uses and dosimetry detectors for radiotherapy. In addition to various other public programs, including social services and education, provincial governments in the country are responsible for subsidizing healthcare services, as well. Since manufacturing medical devices, supplies, and equipment is a highly diversified and export-focused industry, this sector can greatly benefit from world-class, cutting-edge research undertaken in Canadian universities, hospitals, and research centers. As a result, these factors are anticipated to proliferate the demand for synthetic diamonds, subsequently propelling the market growth in North America during the forecast period.
COMPETITIVE INSIGHTS
The top players operating in the market are WD Lab Grown Diamonds, 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 caters 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
North America 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 Industrial 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. Value Chain Analysis
4.6. Key Buying Criteria
4.6.1. Price
4.6.2. Certification
4.6.3. Brand Name
4.6.4. 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
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: North America Market Snapshot - Synthetic Diamonds
Table 2: Comparative Price Of Natural Vs Synthetic Diamond
Table 3: Difference Between Natural And Synthetic Diamonds
Table 4: North America Synthetic Diamonds Market, By Manufacturing Process, Historical Years, 2018-2021 (In $ Million)
Table 5: North America Synthetic Diamonds Market, By Manufacturing Process, Forecast Years, 2022-2030 (In $ Million)
Table 6: North America Synthetic Diamonds Market, By Color, Historical Years, 2018-2021 (In $ Million)
Table 7: North America Synthetic Diamonds Market, By Color, Forecast Years, 2022-2030 (In $ Million)
Table 8: North America Synthetic Diamonds Market, By Distribution Channel, Historical Years, 2018-2021 (In $ Million)
Table 9: North America Synthetic Diamonds Market, By Distribution Channel, Forecast Years, 2022-2030 (In $ Million)
Table 10: North America Synthetic Diamonds Market, By Application, Historical Years, 2018-2021 (In $ Million)
Table 11: North America Synthetic Diamonds Market, By Application, Forecast Years, 2022-2030 (In $ Million)
Table 12: North America Synthetic Diamonds Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 13: North America Synthetic Diamonds Market, By Country, Forecast Years, 2022-2030 (In $ Million)
Table 14: Leading Players Operating In North America Synthetic Diamonds Market
Table 15: List Of Mergers & Acquisitions
Table 16: List Of Product Launches & Developments
Table 17: 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: North America Synthetic Diamonds Market, Growth Potential, By Product, In 2021
Figure 8: North America Synthetic Diamonds Market, By High Temperature High Pressure (Hpht), 2022-2030 (In $ Million)
Figure 9: North America Synthetic Diamonds Market, By Chemical Vapor Deposition, 2022-2030 (In $ Million)
Figure 10: North America Synthetic Diamonds Market, Growth Potential, By Color, In 2021
Figure 11: North America Synthetic Diamonds Market, By Colored, 2022-2030 (In $ Million)
Figure 12: North America Synthetic Diamonds Market, By Colorless, 2022-2030 (In $ Million)
Figure 13: North America Synthetic Diamonds Market, Growth Potential, By Distribution Channel, In 2021
Figure 14: North America Synthetic Diamonds Market, By Online Channel, 2022-2030 (In $ Million)
Figure 15: North America Synthetic Diamonds Market, By Offline Channel, 2022-2030 (In $ Million)
Figure 16: North America Synthetic Diamonds Market, Growth Potential, By Application, In 2021
Figure 17: North America Synthetic Diamonds Market, By Construction, 2022-2030 (In $ Million)
Figure 18: North America Synthetic Diamonds Market, By Mining, 2022-2030 (In $ Million)
Figure 19: North America Synthetic Diamonds Market, By Oil & Gas, 2022-2030 (In $ Million)
Figure 20: North America Synthetic Diamonds Market, By Electronics, 2022-2030 (In $ Million)
Figure 21: North America Synthetic Diamonds Market, By Healthcare, 2022-2030 (In $ Million)
Figure 22: North America Synthetic Diamonds Market, By Jewelry, 2022-2030 (In $ Million)
Figure 23: North America 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)
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