Report Description
A recent market intelligence report that is published by Data Insights
Partner on the global synthetic diamond market makes an offering of in-depth
analysis of segments and sub-segments in the regional and international market.
The research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global synthetic diamond market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global synthetic diamond market is offered. In accordance
with the report, the global synthetic diamond market is projected to expand
with CAGR of X.XX% over the period of forecast.
Market Insight, Drivers,
Restraints & Opportunity of the Market:
Diamonds produced through controlled
and man-made artificial process in a lab is known as ‘synthetic diamond’. A lot
of industries such as jewellery, mining, electronic, healthcare, construction
etc use synthetic diamonds due to its chemical and physical properties.
Synthetic diamonds or ‘artificial diamonds’ or ‘cultured diamonds’ have high
thermal conductivity, high resistance to thermal shock, chemical inertness,
high electrical resistivity, electric insulation, hardness and high-quality
mechanical properties due to which it is widely used in application of
electronic devices. Synthetic diamonds are also widely used in production of semiconductors,
which is further used for electronic devices like mobiles, laptop &
computers, coffee makers to cars, and emerging technologies like Internet of
Things (IOT), artificial intelligence & virtual reality. The increasing
demand of semiconductors, due to increased demand of these above technologies,
further increases the need for synthetic diamonds.
Synthetic diamond is also known
for its longevity, transparency and extreme hardness, due to which it is used
in abrasives which is used for grinding wheels, cutting and polishing tools and
in heat sinks. Grinding wheels are used for manufacturing Computer Numerical
Control machines, which is further used in various industries likes Oil &
Gas, automotive, electronics, construction etc. as it reduces the demand for
skilled labour. Electronic applications
like high power switches at power stations, transistors and diodes also used
synthetic diamond. Synthetic or lab grown diamond market is expected to
flourish at a significant CAGR of XX.XX%.
Due to rapid growth of manufacturing electronic goods in countries like
China, Japan & India, Synthetic diamond market is dominated by Asia Pacific
region followed by North America and Europe.
Segment Covered:
This market intelligence report on the global synthetic diamond market encompasses
market segments based on number of industries, application and country.
In terms of number of
industries, the global synthetic diamond market is segregated into:
·
Electronic
·
Construction
·
Mining
·
Healthcare
·
Jewelry
By application
process also classify into, the global synthetic diamond market:
·
Super abrasive for
manufacturing grinding wheels
·
Electronic devices
·
Chips used in electronic
devices
By country/region,
the global synthetic diamond market has been divided into:
·
North America (USA, Mexico, Canada,
Rest of North America)
·
Europe (Italy, Russia, UK,
France, Germany, Spain, Rest of Europe)
·
Asia – Pacific (China, Southeast
Asia, Japan, India, Indonesia, Australia and Rest of India)
·
Middle East & Africa(GCC
Countries and South Africa)
·
Latin America (Brazil,
Argentina, Others)
Profiling of Market
Players:
This business intelligence report offers profiling of reputed companies
that are operating in the market. Companies such as:
·
Element Six
·
Sumitomo Electric Industries
·
Scio Diamond Technology
Corporation
·
New Diamond Technology
·
AOTC
·
Applied Diamonds LLC
·
D.NEA
·
Pure Grown Diamonds
·
Tomei Diamonds Co.
·
ILJIN Diamonds and many more.
Other players have been profiled into detail so as to offer a glimpse of
the market leaders. Moreover, parameters such as synthetic diamond related
investment & spending and developments by major players of the market are
tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and
forecasts of demand is offered by this business intelligence report.
Furthermore, the report offers a vivid picture of the factors that are steering
and restraining the growth of this market across all geographical segments. In
addition to that, Growth Matrix analysis is also provided in the report so as
to share insight of the investment areas that new or existing market players
can take into consideration. Various analytical tools such as DRO analysis,
Porter's five forces analysis has been used in this report to present a clear
picture of the market. The study focuses on the present market trends and
provides market forecast from the year 2019-2027. Emerging trends that would
shape the market demand in the years to come have been highlighted in this
report. A competitive analysis in each of the geographical segments gives an
insight into market share of the global players.
Salient Features:
Ø This study offers comprehensive
yet detailed analysis of the synthetic diamond market, size of the market (US$
Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast:
2019 – 2027, taking into account 2018 as the base year
Ø It explains upcoming revenue
opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø This market intelligence report
also offers pivotal insights about various market opportunities, restraints,
drivers, launch of new products, competitive market strategies of leading
market players, emerging market trends, and regional outlook
Ø Profiling of key market players
in the world, synthetic diamond market is done by taking into account various
parameters such as company strategies, distribution strategies, product portfolio,
financial performance, key developments, geographical presence, and company
overview
Ø Leading market players covered
this report comprise names such as Element Six, Sumitomo Electric Industries,
Scio Diamond Technology Corporation, New Diamond Technology, AOTC, Applied
Diamonds LLC, D.Nea, Pure Grown Diamonds, Tomei Diamond Co., ILJIN Diamonds and
many more.
Ø The data of this report would
allow management authorities and marketers of companies alike to take informed
decision when it comes to launch of products, government initiatives, marketing
tactics and expansion, and technical up gradation
Ø The world market for synthetic diamond
caters to the needs of various stakeholders pertaining to this industry, namely
suppliers, manufacturers, investors, and distributors for synthetic diamond
market. The research also caters to the rising needs of consulting and research
firms, financial analysts, and new market entrants
Ø Research methodologies that have
been adopted for the purpose of this study have been clearly elaborated so as
to facilitate better understanding of the reports
Ø Reports have been made based on
the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case
studies have been taken into consideration before coming to a conclusion
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