Industrial Diamond Market
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Transparency <strong>Market</strong> Research<br />
<strong>Industrial</strong> <strong>Diamond</strong> <strong>Market</strong> - Global<br />
Industry Analysis, Size, Share, Growth,<br />
Trends And Forecast, 2013 – 2019<br />
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REPORT DESCRIPTION<br />
<strong>Industrial</strong> <strong>Diamond</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends And<br />
Forecast, 2013 – 2019<br />
<strong>Industrial</strong> diamond, one of the strongest materials available, is a<br />
diamond used for varied industrial purposes such as cutting tool.<br />
Over 80% of the global diamond consumption comprises of these<br />
industrial diamond. <strong>Industrial</strong> diamond possesses several<br />
characteristics such as high strength, wear resistance, thermal<br />
conductivity and corrosion resistance. <strong>Industrial</strong> diamond is mainly<br />
employed in the production of abrasives, medical and electronics<br />
among others. Abrasives dominate the global demand for industrial<br />
diamond and the trend is expected to continue in the near future.<br />
Browse The <strong>Market</strong> Research Report of <strong>Industrial</strong> <strong>Diamond</strong><br />
<strong>Market</strong> :<br />
http://www.transparencymarketresearch.com/industrial-diamond-market.html<br />
<strong>Industrial</strong> diamond can be mined from its natural reserves and can also be produced synthetically. Synthetic<br />
diamonds can be modified as per the end user industries and can be produced in the desired quantity unlike natural<br />
diamonds. On account of this factor, synthetic diamond dominates the global demand for industrial diamonds and<br />
the trend is expected to continue in the near future. Exploitation of human rights during mining of natural diamond<br />
mainly in the under developed nations has led to several human rights and political issues in the industry. The issues<br />
related to natural diamonds are also among the major factors fuelling demand for synthetic diamonds.<br />
Boart, ballas and black diamond are among the dominant naturally mined industrial diamonds. Nanodiamond is<br />
expected to be the fastest growing segment of synthetic diamonds during the forecast period. Nanodiamond is<br />
mainly employed in the production of abrasives and polishes. Other applications of nanodiamond include lubricants,<br />
polymers and biosensors among several others. With increasing research and development activities application<br />
scope of nanodiamond is increasing and the diamond is gaining acceptance in medical applications including<br />
chemotherapy, anti viral & anti bacterial applications and gene therapy among several others. Medical applications<br />
are expected to drive demand for nanodiamond in the near future.
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Increasing demand for high strength abrasives for several purposes including cutting, grinding, polishing, others has<br />
been among the major drivers for industrial diamond market growth. Major end user industries for industrial<br />
diamond include electronics and automobiles. Hence, increasing disposable income and overall economic growth of<br />
a region are among major factors driving demand for industrial diamond in a region. Research and development<br />
activities to lower production cost and increase the application scope of industrial diamonds is expected to offer<br />
huge growth opportunity for market growth.<br />
Asia Pacific region dominates the global consumption and production of industrial diamonds. China alone accounts<br />
for over 70% of the global production of industrial diamond. Increasing industrial investments and high GDP growth<br />
rate in the emerging economies of India and China is expected to drive market growth in the region. Asia Pacific is<br />
expected to be the fastest growing region for industrial diamond market growth during the forecast period. North<br />
America is the second largest market for industrial diamonds. Demand for industrial diamond in North America and<br />
Europe is expected to be driven by growing demand for nanodiamond. Brazil is among the leading sources for<br />
natural industrial diamonds. Increasing industrial investment in Latin America is expected to drive market growth in<br />
the RoW region.<br />
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Some of the major players in the industrial diamond market include Advanced <strong>Diamond</strong> Solutions, Inc., Applied<br />
<strong>Diamond</strong> Inc, <strong>Diamond</strong> Technologies Inc, <strong>Industrial</strong> Abrasives Limited, Morgan Technical Ceramics Diamonex,<br />
Novatek, Scio <strong>Diamond</strong> Technology Corporation, Sumitomo Electric, Hebei Plasma diamond and Worldwide <strong>Diamond</strong><br />
Manufacturers Pvt. Ltd. among others.<br />
This market research report analyzes the following geographies:<br />
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North America<br />
Asia Pacific<br />
Europe<br />
Rest of the World
This report gives you access to decisive data such as:<br />
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<strong>Market</strong> growth drivers<br />
Factors limiting market growth<br />
Current market trends<br />
<strong>Market</strong> structure<br />
<strong>Market</strong> projections for the coming years<br />
Key highlights of this report<br />
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An analysis of strategies of major competitors<br />
An array of graphics and SWOT analysis of major industry segments<br />
Detailed analyses of industry trends<br />
A well-defined technological growth map with an impact-analysis<br />
Offers a clear understanding of the competitive landscape and key product segments<br />
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