Synthetic Diamond Market Report – Forecast (2021-2026)

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Synthetic Diamond MarketMarket 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.
• Chemical inertness, anti-adhesion properties, low
  coefficient of friction, thermal conductivity,
  and improved abrasive wear resistance of
  polycrystalline diamond are expected to push up
  demand for synthetic diamond in the forecast
  period.
• 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.
• Moreover, rising demand for super abrasives for
  dressing, cutting, grinding, and drilling
  equipment is also estimated to drive the growth
  of the synthetic diamond market over the
  projected period.

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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 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 (2021 -
2026) Learn More About the
Report _at_ https//www.industryarc.com/Research/Sy
nthetic-Diamond-Market-Research-503052
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  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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