Title: Synthetic Diamond Market Size Forecast to Reach $22.1 Billion by 2026
1Synthetic 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.
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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.
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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.
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- Synthetic Diamond Market Industry OutlookÂ
- Hyperion Materials Technologies,
- Element Six UK Ltd,
- Sumitomo Electric Industries, Ltd.,
- Pure Grown Diamonds,
- Applied Diamond Inc,
- Scio Diamond Technology
- Corporation,
- Krystal Grown Diamonds,
- Sandvik AB, Zhengzhou Sino-Crystal Diamond
Co.,Ltd.
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Synthetic Diamond Market - Forecast(2021 -
2026) 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
- Purchase Full Report _at_ https//www.industryarc.com
/Research/Synthetic-Diamond-Market-Research-503052
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Contact (1) 970-236-3677
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