Market Overview:
The global diamond wire market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for diamond wire in various applications, such as solar silicon cutting, LED sapphire cutting, and other applications. In terms of type, electroplated diamond wire is expected to hold a major share of the global diamond wire market during the forecast period. This can be attributed to its high wear resistance and superior performance as compared to other types of diamond wires.
Product Definition:
A diamond wire is a tool that is composed of several small diamonds strung together on a metal frame. It is used to cut through materials like stone and concrete.
Electroplated Diamond Wire:
Electroplated diamond wire is a thin, hard, and flexible form of carbon-rich synthetic or natural diamond. It has applications in cutting tools as well as electrical contacts. The product is made by applying electricity to a metal coating which causes the coating to transform into a semi-crystalline structure called an electric coatings layer (ECL). This process can be done manually or with the help of an electroplating machine.
Resin Diamond Wire:
Resin Diamond Wire (R DW) is a type of high-grade carbon fiber made from polymerization of ethylene, propylene and styrene. It has superior properties such as high specific strength, modulus of elasticity and hardness along with low thermal expansion. These properties make it suitable for use in applications where other diamond wires fail or cannot be used.
Application Insights:
The global diamond wire market has been segmented on the basis of application into solar silicon cutting, LED sapphire cutting, and others. The solar silicon cutting application segment accounted for the largest share in 2017 owing to increasing demand from China and Japan for photovoltaic (PV) installations. The growth of this industry is directly related to the deployment of large-scale renewable energy generation systems across these countries.
The LED sapphire Cutting Application Segment is projected to witness significant growth over the forecast period due to rising product adoption in various applications including smartphone displays, laptops & tablets, wearable devices etc. In addition, technological advancements such as high efficiency polycrystalline Silicon Carbide (SEC) substrate coupled with light-emitting diodes are expected fuel industry expansion over the next eight years or so.
Regional Analysis:
Asia Pacific dominated the global diamond wire market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as electronics, solar, automotive, etc. China is one of the major consumers of these wires owing to its flourishing solar industry coupled with growing demand for electronic products.
Europe was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period owing to high investments being made by various governments for research & development activities related to electric vehicles along with other applications pertaining electric motors & generators that consume large amounts of electricity are driving demand for efficient power distribution cables which will drive product adoption across several industries including aerospace & defense and marine applications among others).
Growth Factors:
- Increasing demand for diamond wire in the automotive and aerospace industries due to its superior properties such as hardness, strength and resistance to wear and tear.
- Rising demand from construction and mining sectors owing to the increasing use of diamond wire in drilling, cutting and polishing applications.
- Growing popularity of diamond wire saws among woodworkers, stone masons and other professionals for precision cutting tasks.
- Technological advancements that have led to the development of new applications for diamond wire in areas such as medical implants, electronic components etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Wire Market Research Report
By Type
Electroplated Diamond Wire, Resin Diamond Wire
By Application
Solar Silicon Cutting, LED Sapphire Cutting, Other
By Companies
Asahi Diamond, Nakamura Choukou, Diamond Pauber, SCHMID, Metron, DIAT New Material, Noritake, Nanjing Sanchao, A.L.M.T., Sino-Crystal Diamond, Henan Yicheng, Zhejiang Ruiyi, Tony Tech, READ, ILJIN Diamond, Logomatic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Wire Market Report Segments:
The global Diamond Wire market is segmented on the basis of:
Types
Electroplated Diamond Wire, Resin Diamond Wire
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solar Silicon Cutting, LED Sapphire Cutting, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asahi Diamond
- Nakamura Choukou
- Diamond Pauber
- SCHMID
- Metron
- DIAT New Material
- Noritake
- Nanjing Sanchao
- A.L.M.T.
- Sino-Crystal Diamond
- Henan Yicheng
- Zhejiang Ruiyi
- Tony Tech
- READ
- ILJIN Diamond
- Logomatic
Highlights of The Diamond Wire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electroplated Diamond Wire
- Resin Diamond Wire
- By Application:
- Solar Silicon Cutting
- LED Sapphire Cutting
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diamond Wire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Diamond wire is a type of wire that is made up of small, diamond-shaped pieces. It is used in a variety of applications, including electrical wiring and construction. Diamond wire has the ability to resist corrosion and other damage caused by moisture or other elements.
Some of the key players operating in the diamond wire market are Asahi Diamond, Nakamura Choukou, Diamond Pauber, SCHMID, Metron, DIAT New Material, Noritake, Nanjing Sanchao, A.L.M.T., Sino-Crystal Diamond, Henan Yicheng, Zhejiang Ruiyi, Tony Tech, READ, ILJIN Diamond, Logomatic.
The diamond wire market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diamond Wire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diamond Wire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diamond Wire Market - Supply Chain
4.5. Global Diamond Wire Market Forecast
4.5.1. Diamond Wire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diamond Wire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diamond Wire Market Absolute $ Opportunity
5. Global Diamond Wire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diamond Wire Market Size and Volume Forecast by Type
5.3.1. Electroplated Diamond Wire
5.3.2. Resin Diamond Wire
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diamond Wire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diamond Wire Market Size and Volume Forecast by Application
6.3.1. Solar Silicon Cutting
6.3.2. LED Sapphire Cutting
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diamond Wire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diamond Wire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diamond Wire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diamond Wire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diamond Wire Demand Share Forecast, 2019-2026
9. North America Diamond Wire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diamond Wire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diamond Wire Market Size and Volume Forecast by Application
9.4.1. Solar Silicon Cutting
9.4.2. LED Sapphire Cutting
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diamond Wire Market Size and Volume Forecast by Type
9.7.1. Electroplated Diamond Wire
9.7.2. Resin Diamond Wire
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diamond Wire Demand Share Forecast, 2019-2026
10. Latin America Diamond Wire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diamond Wire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diamond Wire Market Size and Volume Forecast by Application
10.4.1. Solar Silicon Cutting
10.4.2. LED Sapphire Cutting
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diamond Wire Market Size and Volume Forecast by Type
10.7.1. Electroplated Diamond Wire
10.7.2. Resin Diamond Wire
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diamond Wire Demand Share Forecast, 2019-2026
11. Europe Diamond Wire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diamond Wire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diamond Wire Market Size and Volume Forecast by Application
11.4.1. Solar Silicon Cutting
11.4.2. LED Sapphire Cutting
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diamond Wire Market Size and Volume Forecast by Type
11.7.1. Electroplated Diamond Wire
11.7.2. Resin Diamond Wire
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Aalysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diamond Wire Demand Share, 2019-2026
12. Asia Pacific Diamond Wire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diamond Wire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diamond Wire Market Size and Volume Forecast by Application
12.4.1. Solar Silicon Cutting
12.4.2. LED Sapphire Cutting
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diamond Wire Market Size and Volume Forecast by Type
12.7.1. Electroplated Diamond Wire
12.7.2. Resin Diamond Wire
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diamond Wire Demand Share, 2019-2026
13. Middle East & Africa Diamond Wire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diamond Wire Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diamond Wire Market Size and Volume Forecast by Application
13.4.1. Solar Silicon Cutting
13.4.2. LED Sapphire Cutting
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diamond Wire Market Size and Volume Forecast by Type
13.7.1. Electroplated Diamond Wire
13.7.2. Resin Diamond Wire
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diamond Wire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diamond Wire Market: Market Share Analysis
14.2. Diamond Wire Distributors and Customers
14.3. Diamond Wire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Asahi Diamond
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nakamura Choukou
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Diamond Pauber
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SCHMID
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Metron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DIAT New Material
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Noritake
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nanjing Sanchao
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. A.L.M.T.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sino-Crystal Diamond
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Henan Yicheng
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang Ruiyi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tony Tech
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. READ
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ILJIN Diamond
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Logomatic
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
