Title: Synthetic Diamond Market - Forecast 2021 - 2026
1Synthetic Diamond Market - Forecast(2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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- Synthetic Diamond Market size is forecast to
reach 22.1 billion by 2026, after growing at a
CAGR of 5.2 during 2021-2026. Globally, the
increasing demand for synthetic diamond as the
most common material for optical windows in
high-power CO2 lasers and gyrotrons, due to its
unusual combination of thermal and chemical
stability, low thermal expansion, and high
optical clarity over a wide spectral range, has
raised the growth of the market. - Also, UV (ultraviolet) light or high-energy
particle detectors made of synthetic diamonds are
increasingly being used in high-energy testing
facilities and are commercially available.
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Key Takeaways
- The Asia Pacific region dominated the synthetic
diamond market due to the growing demand from
packaging and automotive transportation
industries, in countries such as India, Japan,
China, and South Korea. - Synthetic diamonds have become a vital
heat-enabling technology that prevents silicon
and other semiconductor materials from
overheating, thus this has raised the demand for
synthetic diamond from the electronics industry
and is anticipated to have a positive impact on
the growth of the market in the short term.
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- By Distribution Channel- Segment Analysis
- Polished diamond held the largest share in the
synthetic diamond market in 2020. Polished
diamonds are diamonds that undergo processing and
has no relation to the size, shape, or other
characteristics. After the diamond has been cut
and faceted, it is typically polished to bring
out the shine and smooth finish. If not done
correctly, polish will detract from the diamond's
radiance. Rising use of polished diamond in
jewelry, optics, medical, and for various
industrial applications, has raised the demand
for polished diamonds. Thus, growing demand for
polished diamond is estimated to drive the growth
of the synthetic diamond market.
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- Synthetic Diamond Market
- Industry Outlook
- Hyperion Materials Technologies
- Element Six UK Ltd
- Sumitomo Electric Industries, Ltd.
- Pure Grown Diamonds
- Applied Diamond Inc
- Scio Diamond Technology Corporation
- Krystal Grown Diamonds, Inc
- Sandvik AB, Zhengzhou Sino-Crystal Diamond
Co.,Ltd. - New Diamond Technology
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Synthetic Diamond Market - Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Synthetic-Di
amond-Market-Research-503052
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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