Lab Grown (Synthetic) Diamonds Industry Market, Size, Forecast 2022

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Global Lab Grown (Synthetic) Diamonds Market to
Grow on the Back of Surge in Trade of Diamonds
Worldwide Market to Grow with a CAGR of 8.74
During 2021-2028 Kenneth Research has released
a report titled Lab Grown (Synthetic) Diamonds
Market Global Demand Analysis Opportunity
Outlook 2028 which also includes some of the
prominent market analyzing parameters such as
industry growth drivers, restraints, supply and
demand risk, along with the impact of COVID-19
and a detailed discussion on the latest trends
and future opportunities that are associated with
the growth of the market. In other statistics
by the International Trade Center (ITC), the
value of imports of diamonds worldwide grew from
USD 117264482 Thousand in the year 2015 to USD
130562696 Thousand in the year 2018. Get Sample
Reports Here - https//www.kennethresearch.com/sa
mple-request-10352278 The statistics portray
the growing demand for diamond around the globe,
backed by the rise in awareness for the numerous
benefits associated with the use of synthetic
diamonds, and for the low price of these diamonds
over c5onventional diamonds. Moreover, these
diamonds can be produced
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sustainably, which is also projected to drive the
growth of the global lab grown (synthetic)
diamonds market. The global lab grown (synthetic)
diamonds market is anticipated to grow with a
CAGR of 8.74 over the forecast period, i.e.,
2021 2028. The market is estimated to garner a
revenue of USD 32743.34 Million in the year 2028,
up from a revenue of USD 19145.33 Million in the
year 2019. The market is segmented by
application into jewelry, electronics, optics,
construction, satellite, data storage,
semi-conductors, and others. By the end of 2028,
the construction segment is projected to display
the largest revenue of USD 9756.67 Million by
the end of 2028, up from a revenue of USD 6403.25
Million. By region, the global lab grown
(synthetic) diamonds market is segmented into
five major regions including North America,
Europe, Asia Pacific, Latin America and Middle
East Africa. By the end of 2028, the market in
the Asia Pacific is anticipated to drive the
largest market revenue of USD 24603.35 Million,
up from a revenue of USD 14904.64 Million in the
year 2019. The research is global in nature and
covers detailed analysis on the market in North
America (U.S., Canada), Europe (U.K., Germany,
France, Italy, Spain, Hungary, Belgium,
Netherlands Luxembourg, NORDIC Finland,
Sweden, Norway, Denmark, Poland, Turkey, Russia,
Rest of Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel,
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GCC Saudi Arabia, UAE, Bahrain, Kuwait, Qatar,
Oman, North Africa, South Africa, Rest of
Middle East and Africa). In addition, analysis
comprising market size, Y-O-Y growth
opportunity analysis, market players
competitive study, investment opportunities,
demand for future outlook etc. has also been
covered and displayed in the research
report. However, the complex manufacturing
process of lab grown diamonds is one of the
major factors predicted to hinder the market
growth. This report also provides the existing
competitive scenario of some of the key players
of the global lab grown (synthetic) diamonds
market, which includes company profiling of
Element Six UK Ltd. (De Beers Group), Sumitomo
Electric Industries, Ltd., Swarovski AG, NEW
DIAMOND TECHNOLOGY LLC, Pure Grown Diamonds,
Sarine Group of Companies, Applied Diamond Inc.,
Iljin Diamond Co., Ltd., D.NEA, APPSILON
ENTERPRISE, Eco Lab Diamonds, Nova Diamonds Pty
Ltd., Parker Diamonds, Rio Tinto, De Beers
Group, Charles Colvard, Ltd., Blue Nile Inc.,
and others. The profiling enfolds key
information of the companies which comprises of
business overview, products and services, key
financials and recent news and developments.
Conclusively, the report titled Lab Grown
(Synthetic) Diamonds Market Global Demand
Analysis Opportunity Outlook 2028, analyses
the overall global lab grown (synthetic) diamonds
industry to help new entrants to understand the
details of the market. In addition to that, this
report also guides existing players looking for
expansion
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and major investors looking for investment in the
global lab grown (synthetic) diamonds market in
the near future. Get Sample Reports Here -
https//www.kennethresearch.com/sample-request-103
52278 Kenneth Research is a leading service
provider for strategic market research and
consulting. We aim to provide unbiased,
unparalleled market insights and industry
analysis to help industries, conglomerates and
executives to take wise decisions for their
future marketing strategy, expansion and
investment, etc. We believe every business can
expand to its new horizon, provided a right
guidance at a right time is available through
strategic minds. Our out of box thinking helps
our clients to take wise decision so as to avoid
future uncertainties.
Contact for more Info AJ Daniel Email
sales_at_kennethresearch.com U.S. Phone [phone]
0609