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 />
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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 />
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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 />
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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 />
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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 />
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reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking<br />
insight for thousands of decision makers.<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 />
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