Global Info Research announces the release of the report “Global Synthetic Diamond Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029” . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the 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. In addition, the report provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
According to our (Global Info Research) latest study, the global Synthetic Diamond market size was valued at USD 1903.1 million in 2022 and is forecast to a readjusted size of USD 2973.8 million by 2029 with a CAGR of 6.6% during review period.
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.
Global key players of synthetic diamond include Element Six, Zhongnan Diamond, Huanghe Whirlwind, Diamond Foundry, Sino-Crystal Diamond, etc., mainly located in North America, Europe, China, Southeast Asia, Japan, and South Korea. The top five manufacturers occupy more than 70% of the market share, with the largest producer being Element Six, accounting for 26%. North America is the largest market with about 47% market share, followed by Asia Pacific with 36%. In terms of product type, HPHT synthetic diamond is the largest segment with a share of about 59%. Also in terms of downstream, diamond is the largest downstream segment with a 35% share.
The Global Info Research report includes an overview of the development of the Synthetic Diamond industry chain, the market status of Construction Material (HPHT, CVD), Machining and Cutting Tools (HPHT, CVD), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Synthetic Diamond.
Regionally, the report analyzes the Synthetic Diamond markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Synthetic Diamond market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
Global Synthetic Diamond market size and forecasts, in consumption value), sales quantity, and average selling prices, 2018-2029
Global Synthetic Diamond market size and forecasts by region and country, in consumption value, sales quantity, and average selling prices, 2018-2029
Global Synthetic Diamond market size and forecasts, by Type and by Application, in consumption value, sales quantity, and average selling prices, 2018-2029
Global Synthetic Diamond market shares of main players, shipments in revenue, sales quantity, and ASP, 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.
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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
The Main Contents of the Report, 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.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the Synthetic Diamond market covers the following areas:
ü Synthetic Diamond market sizing
ü Synthetic Diamond market forecast
ü Synthetic Diamond market industry analysis
ü Analyze the needs of the global Synthetic Diamondbusiness market
ü Answer the market level of global Synthetic Diamond
ü Statistics the annual growth of the global Synthetic Diamondproduction market
ü The main producers of the global Synthetic Diamondproduction market
ü Describe the growth factor that promotes market demand
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