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Synthetic Diamond Market


Synthetic Diamond Market size is forecast to reach $22.1 billion by 2026, after growing at a CAGR of 5.2% during 2021-2026. – PowerPoint PPT presentation

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Title: Synthetic Diamond Market

Synthetic Diamond Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast 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
  • 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 - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast 2021 2026Learn More About
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