Synthetic Diamond Market Overview, Growth Rate and Forecast, 2014 to 2024

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Synthetic Diamond Market Share, Size, Analysis,
Regional Outlook, Growth, Trends and Forecasts
to 2024 Hexa Research
The global synthetic diamonds market size to
reach USD 28.26 billion by 2024
The global Synthetic Diamonds Market is estimated
to be worth USD 28.26 billion by 2024 as a result
of its increasing demand for cutting, polishing,
and drilling. Increasing utilization of these
functions for development of infrastructure
coupled with the growing spending on the sector
is likely to propel market growth over the
projected period.
Expansion of the electronics and healthcare
production base in countries including India and
China is expected to provide new opportunities
for the development of the market. Presence of
manufacturing bases of companies including
Samsung, Apple, Sony, Abbott, and GSK in Asia
Pacific is expected to drive the demand for
synthetic diamonds in various industrial
applications.
North America synthetic diamond market was valued
at USD 3.89 billion in 2016 and is expected to
witness above-average growth in light of rebound
of the manufacturing sector. However, the
presence of a stringent regulatory framework for
the mining sector is likely to deter growth.
Nonetheless, usage of synthetic diamonds in the
existing mining processes is expected to support
the market.
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Asia Pacific is likely to witness the fastest
growth at a 9.1 CAGR over the projected period
owing to the tremendous untapped potential of the
manufacturing sector in the region. Increasing
use of synthetic diamonds in various
manufacturing processes owing to their relatively
low cost and ease of availability. Polished
synthetic diamond market is anticipated to grow
at a CAGR of 8.3 over the projected period
on account of their relatively low demand in
industrial application. However, the increasing
use of these stone in jewelry coupled with the
rising consumer awareness regarding fashionable
accessories is expected to open new avenues for
the growth of the market.
Electronics was the largest application segment
and is expected to witness growth at a CAGR of
8.7 over the projected period. Increasing demand
for consumer electronics including washing
machines, refrigerators, HVAC, smartphone, and
tablets is expected to drive the market for
synthetic stones subsequently.
Centaurus Technologies Inc., Applied Diamond
Inc., Element Six, New Diamond Technology, and
ILJIN are some of the prominent players in the
market. These companies are focusing on RD to
develop stones with a higher carat. For instance,
using the HPHT process, New Diamond Technology
(NDT) unveiled a 10.07 carat blue stone in
September 2016.
Hexa Research has segmented the global synthetic
diamonds market based on operating process,
type, application and region
Segmentation by process, 2014 - 2024 (USD
Million) HPHT (High Process High Treatment)
CVD (Chemical Vapor Deposition)
Segmentation by type, 2014 - 2024 (USD Million)
Rough
Polished
Segmentation by application, 2014 - 2024 (USD
Million)
Construction Mining Electronics Jewelry
Healthcare Others
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Segmentation by region, 2014 - 2024 (USD Million)
North America U.S.
Europe
Russia
Asia Pacific India
China
Rest of the World (RoW)
Key players analyzed Applied Diamond Inc
Centaurus Technologies Inc. Crystallume
Element Six
ILJIN
New Diamond Technology Pure Grown Diamonds
LLC Scio Diamond Technology
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Table of Content of Synthetic Diamond Market
Chapter 1. Market Summary
1.1. Market trends movement
Chapter 2. Synthetic Diamond Market Trends
Drivers Opportunities 2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis 2.7. SWOT
Chapter 3. Synthetic Diamond Products Market
Trends, By Process 3.1. Global synthetic diamond
market movement, by process, 2014 2024 3.1.1.
HPHT
3.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 3.1.2. CVD
3.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Billion)
Chapter 4. Synthetic Diamond Products Market
Trends, By Type 4.1. Global synthetic diamond
market movement, by type, 2014 2024 4.1.1. Rough
4.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 4.1.2. Polished
4.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Billion)
Chapter 5. Synthetic Diamond Products Market
Trends, By Application 5.1. Global synthetic
diamond market movement, by application, 2014
2024 5.1.1. Construction Mining
5.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 5.1.2. Electronics
5.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 5.1.3. Jewelry
5.1.3.1. Market estimates and forecast, 2014 -
2024 (USD Billion)
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5.1.4. Healthcare
5.1.4.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 5.1.5. Others
5.1.5.1. Market estimates and forecast, 2014 -
2024 (USD Billion)
Chapter 6. Synthetic Diamond Products Market
Trends, By Region 6.1. Global synthetic diamond
market movement, by region, 2014 2024 6.1.1.
North America
6.1.1.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 6.1.1.2. Market estimates and
forecast, by process, 2014 - 2024 (USD
Billion) 6.1.1.3. Market estimates and forecast,
by type, 2014 - 2024 (USD Billion) 6.1.1.4.
Market estimates and forecast, by application,
2014 - 2024 (USD Billion) 6.1.2. Europe
6.1.2.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 6.1.2.2. Market estimates and
forecast, by process, 2014 - 2024 (USD
Billion) 6.1.2.3. Market estimates and forecast,
by type, 2014 - 2024 (USD Billion) 6.1.2.4.
Market estimates and forecast, by application,
2014 - 2024 (USD Billion) 6.1.3. Asia Pacific
6.1.3.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 6.1.3.2. Market estimates and
forecast, by process, 2014 - 2024 (USD
Billion) 6.1.3.3. Market estimates and forecast,
by type, 2014 - 2024 (USD Billion) 6.1.3.4.
Market estimates and forecast, by application,
2014 - 2024 (USD Billion) 6.1.4. Rest of the World
6.1.4.1. Market estimates and forecast, 2014 -
2024 (USD Billion) 6.1.4.2. Market estimates and
forecast, by process, 2014 - 2024 (USD
Billion) 6.1.4.3. Market estimates and forecast,
by type, 2014 - 2024 (USD Billion) 6.1.4.4.
Market estimates and forecast, by application,
2014 - 2024 (USD Billion)
Chapter 7. Key Country Markets
7.1. U.S.
7.1.1. Market estimates and forecast, 2014 - 2024
(USD Billion) 7.1.2. Market estimates and
forecast, by demography, 2014 - 2024 (USD
Billion) 7.1.3. Market estimates and forecast, by
type, 2014 - 2024 (USD Billion) 7.2. Russia
7.2.1. Market estimates and forecast, 2014 - 2024
(USD Billion) 7.2.2. Market estimates and
forecast, by demography, 2014 - 2024 (USD Billion)
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7.2.3. Market estimates and forecast, by type,
2014 - 2024 (USD Billion) 7.3. India
7.3.1. Market estimates and forecast, 2014 - 2024
(USD Billion) 7.3.2. Market estimates and
forecast, by demography, 2014 - 2024 (USD
Billion) 7.3.3. Market estimates and forecast, by
type, 2014 - 2024 (USD Billion) 7.4. China
7.4.1. Market estimates and forecast, 2014 - 2024
(USD Billion) 7.4.2. Market estimates and
forecast, by demography, 2014 - 2024 (USD
Billion) 7.4.3. Market estimates and forecast, by
type, 2014 - 2024 (USD Billion)
Chapter 8. Competitive Landscape 8.1. Competitive
landscape analysis, 2014 8.2. Strategic framework
8.3. Potential customer base concentration 8.4.
Company market positioning 8.5. Company profiles
8.5.1. Applied Diamond Inc 8.5.1.1. Company
Overview 8.5.1.2. Product Benchmarking 8.5.1.3.
Financial Performance 8.5.1.4. Recent Initiatives
8.5.2. Centaurus Technologies Inc. 8.5.2.1.
Company Overview 8.5.2.2. Product
Benchmarking 8.5.2.3. Financial
Performance 8.5.2.4. Recent Initiatives
8.5.3. Crystallume
8.5.3.1. Company Overview 8.5.3.2. Product
Benchmarking 8.5.3.3. Financial
Performance 8.5.3.4. Recent Initiatives
8.5.4. Element Six
8.5.4.1. Company Overview 8.5.4.2. Product
Benchmarking 8.5.4.3. Financial
Performance 8.5.4.4. Recent Initiatives
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8.5.5. ILJIN
8.5.5.1. Company Overview 8.5.5.2. Product
Benchmarking 8.5.5.3. Financial
Performance 8.5.5.4. Recent Initiatives
8.5.6. New Diamond Technology 8.5.6.1. Company
Overview 8.5.6.2. Product Benchmarking 8.5.6.3.
Financial Performance 8.5.6.4. Recent Initiatives
8.5.7. Pure Grown Diamonds LLC 8.5.7.1. Company
Overview 8.5.7.2. Product Benchmarking 8.5.7.3.
Financial Performance 8.5.7.4. Recent Initiatives
8.5.8. Scio Diamond Technology 8.5.8.1. Company
Overview 8.5.8.2. Product Benchmarking 8.5.8.3.
Financial Performance 8.5.8.4. Recent Initiatives
8.5.9. List of other vendors
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