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Synthetic Diamond Market

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Transparency <strong>Market</strong><br />

Research<br />

<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong> - Global Industry Analysis,<br />

Size, Share, Growth, Trends and Forecast 2015 - 2023<br />

Published Date<br />

07-Nov-2015<br />

288 Page Report<br />

Buy Now<br />

Request Sample<br />

Press Release<br />

Growing Industrial Activities to Accelerate Demand for <strong>Synthetic</strong><br />

<strong>Diamond</strong>s, says TMR<br />

Transparency <strong>Market</strong> Research<br />

State Tower,<br />

90, State Street, Suite 700.<br />

Albany, NY 12207<br />

United States<br />

www.transparencymarketresearch.com<br />

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<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong><br />

REPORT DESCRIPTION<br />

<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth, Trends and<br />

Forecast 2015 - 2023<br />

The top three players leading the global synthetic diamond market are ElementSix, SandvikAB, and<br />

ILJINCo. , Ltd. These companies held a dominant 75.6% in the overall market in 2014. A new research report<br />

by Transparency <strong>Market</strong> Research indicates that forward integration has helped these players maintain their<br />

winning positions. However, the future will be dictated by sound investments in research and development<br />

activities to lower manufacturing costs and enhancing the product quality.<br />

“Setting up manufacturing plants in developing regions of Asia Pacific will also yield higher returns on<br />

investments,” states the author of the research report. Tying up with research institutes to further bring down<br />

the research and development costs will also benefit the manufacturers of synthetic diamonds in the coming<br />

years.synthetic-diamond-market"<br />

Download the exclusive Report sample<br />

here:http://www.transparencymarketresearch.com/sample/sample.php?<br />

flag=S&rep_id=5657<br />

Cost Advantage Across Applications Gives Fillip to <strong>Synthetic</strong> <strong>Diamond</strong> Sales<br />

<strong>Synthetic</strong> diamonds find an indispensable usage in myriad industrial applications such construction, computer<br />

chip production, oil and gas exploration, mining activities, stone cutting and polishing, and in surgeries. Thus,<br />

the definite rise in these activities has led to an upsurge in the demand for the synthetic diamond market. The<br />

ability of synthetic diamonds to remain unscathed in extreme conditions makes them a preferred choice<br />

amongst the aforementioned industries. Therefore they are used in high-energy research facilities and for<br />

highly abrasive tasks such as cutting and polishing.<br />

The low cost of synthetic diamonds by a fair margin as compared to natural diamonds also increases their<br />

utility in a wide range of activities. Furthermore, availability of synthetic diamonds in a wide spectrum of colors<br />

Transparency <strong>Market</strong> Research<br />

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<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong><br />

is making jewelry not only affordable but aesthetic as well. Currently, synthetic diamonds make a 1%<br />

contribution to the global diamond jewelry market. “The ongoing research and development in improving the<br />

synthetic diamond technology is expected to increase the usage of synthetic diamonds in jewelry making in the<br />

coming years,” reports the lead author of this research report.<br />

Browse the Full “<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong> - Global Industry Analysis, Size, Share, Growth,<br />

Trends and Forecast 2015 – 2023" Report<br />

at :http://www.transparencymarketresearch.com/synthetic-diamond-market.html<br />

Qualities of synthetic diamonds such as high mechanical strength, high thermal conductivity, low toxicity, and<br />

strong chemical inertness make them an integral component of various electronic products and<br />

semiconductors. Therefore, upbeat trends in both of these industries in the near future is going to have positive<br />

reflection on the synthetic diamonds market as well.<br />

Time-consuming Manufacturing Process Hinders <strong>Market</strong> Growth<br />

The complicated procedure of manufacturing large-sized synthetic diamonds is a major restraint for the overall<br />

market. Attaining a sizeable product with the desired cut, color, and clarity remains a big challenge for the<br />

manufacturers operating in this industry. Furthermore, the time-consuming nature of creating synthetic<br />

diamonds still remains a huge hurdle for this industry.<br />

Rising Industrialization Becomes the Driving Factor for Asia Pacific <strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong><br />

The market drivers in the global synthetic diamonds market are expected to drive the overall market to a<br />

valuation of US$28.83 bn by 2023 from US$15.73 bn in 2014, as the market is estimated to expand at a CAGR<br />

of 7.0% from 2015 to 2023. Asia Pacific will lead the global market with a volume share of 55.8% by 2023 due<br />

to a phenomenal growth in construction activities. The construction and mining industry will be the leading enduse<br />

segment as it is expected to represent 62.3% of the market by 2023 in terms of volume.<br />

Transparency <strong>Market</strong> Research<br />

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<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong><br />

This review is based on Transparency <strong>Market</strong> Research’s report, titled “<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong> - Global<br />

Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.”<br />

Key Takeaways:<br />

Global synthetic diamond market to expand at a CAGR of 7.0% between 2015 and 2023<br />

Asia Pacific to account for 55.8% of global market by volume due to increasing construction activities<br />

<strong>Synthetic</strong> diamonds constitute only 1% of the diamond jewelry market; industrial applications to maintain lead.<br />

The report segments the global synthetic diamond market as follows:<br />

<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong>: Manufacturing Process Analysis<br />

High Pressure High Temperature (HPHT)<br />

Chemical Vapor Deposition (CVD)<br />

<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong>: Type Analysis<br />

Polished<br />

Rough<br />

<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong>: Product Segment Analysis<br />

Bort<br />

Dust<br />

Grit<br />

Powder<br />

Stone<br />

<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong>: End-user Analysis<br />

Construction and Mining<br />

Electronics<br />

Jewelry<br />

Healthcare<br />

Others<br />

Transparency <strong>Market</strong> Research<br />

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<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong><br />

<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong>: Regional Analysis<br />

North America<br />

U.S.<br />

Rest of North America<br />

Europe<br />

France<br />

U.K.<br />

Spain<br />

Germany<br />

Italy<br />

Rest of Europe<br />

Asia Pacific<br />

China<br />

Japan<br />

ASEAN<br />

Rest of Asia Pacific<br />

Latin America<br />

Brazil<br />

Rest of Latin America<br />

Middle East & Africa (MEA)<br />

GCC<br />

South Africa<br />

Rest of MEA<br />

Browse All Chemical <strong>Market</strong> Research Reports:<br />

http://www.transparencymarketresearch.com/energy-market-reports-3.html<br />

About Us<br />

Transparency <strong>Market</strong> Research is a market intelligence company providing global business information<br />

reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking<br />

insight for thousands of decision makers.<br />

Transparency <strong>Market</strong> Research<br />

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<strong>Synthetic</strong> <strong>Diamond</strong> <strong>Market</strong><br />

We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use<br />

proprietary data sources and various tools and techniques to gather, and analyze information. Our<br />

business offerings represent the latest and the most reliable information indispensable for businesses to<br />

sustain a competitive edge.<br />

Contact<br />

Transparency <strong>Market</strong> Research<br />

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Suite 700,<br />

Albany<br />

NY - 12207<br />

United States<br />

Tel: +1-518-618-1030<br />

USA - Canada Toll Free 866-552-3453<br />

Email: sales@transparencymarketresearch.com<br />

Website: http://www.transparencymarketresearch.com/<br />

Browse The <strong>Market</strong> Research Blog :<br />

http://cmfeglobalreports.blogspot.in/<br />

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