Market Overview:
The global industrial synthetic diamond market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for synthetic diamonds in various applications such as construction, transportation, electronics, and others. Additionally, the growing demand for diamond-coated tools and equipment is also propelling the growth of the global industrial synthetic diamond market.
Product Definition:
Industrial synthetic diamond is a man-made diamond created for industrial use. It is made by subjecting graphite to extreme pressure and temperature, typically using a device called a "CVD" or chemical vapor deposition machine. CVD machines are used to create thin films of diamond on other materials, such as silicon carbide or metal. Industrial synthetic diamonds are used in various applications where hardness, wear resistance, and thermal conductivity are important properties. Some examples include cutting tools, bearings, drill bits and medical implants.
RVD Diamond Grain:
RVD diamond grain is a type of synthetic or laboratory grown Diamond. It has no industrial application at present but it can be used as an alternative to natural diamonds for industrial applications in the future. RVD diamond grains are produced by high pressure and high temperature (HPHT) processes, which are basically similar to the conventional low-pressure and low-temperature (LPHT) processes used for producing natural diamonds.
MBD Diamond Grain:
MBD (Metal-Bearing Diamond) is a type of synthetic or laboratory grown diamond that has properties similar to naturally occurring ones. MBDs are used in applications such as industrial abrasives, machining tools, and cutting tools. They can also be used as coatings for hard metals such as steel and iron.
Application Insights:
The construction application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. Factors such as low cost, high durability, excellent wear resistance, and high sharpness are expected to increase product adoption in various construction applications including saw blades for wood cutting machines, core materials for drilling machines & augers, points for nail guns & drivers among others.
In terms of revenue, transportation was the second largest segment with a share of 24.3% in 2017 owing to increasing demand from end-use industries including automotive and aerospace components manufacturing sectors worldwide. The industry has witnessed significant growth due to technological advancements coupled with increased efficiency resulting from economies of scale that have driven down production costs significantly over recent years which is anticipated to fuel industry expansion further over the coming years.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 40% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to high product demand from industries including automotive, construction, electronics and others. China is one of the largest consumers of industrial synthetic diamonds globally on account of rapid infrastructure development coupled with rising foreign investments in various sectors such as real estate and automobile production.
The Middle East & Africa market for industrial synthetic diamonds was valued at USD X million in 2017 and is expected to grow at a significant rate during the forecast period due to increasing government spending on infrastructure development projects along with growing oil & gas sector mainly due to increased exploration activities by major companies such as ExxonMobil Corporation; Royal Dutch Shell Plc.; Total SA; Kuwait Petroleum Corp.; Saudi Arabia Oil Co.; etc. This factor is anticipated to drive regional growth during the projected time frame.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for synthetic diamond substrates is expected to drive the growth of the industrial synthetic diamond market.
- Growing demand for abrasives owing to increasing industrialization and urbanization is also projected to fuel the growth of this market in the near future.
- Rising investments in research and development activities for manufacturing better quality diamonds is anticipated to create new opportunities for players operating in this market over the next few years.
- Increasing use of synthetic diamonds in medical applications is another key factor that would propel its demand during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Synthetic Diamond Market Research Report
By Type
RVD Diamond Grain, MBD Diamond Grain, SCD Diamond Grain, SMD Diamond Grain, DMD Diamond Grain
By Application
Construction, Transportation, Electronics, Others
By Companies
De Beers, ALROSA, Applied Diamond, Inc., Industrial Diamond Laboratories, Inc., Morgan Advanced Materials, Scio Diamond Technology Corporation, Element Six, Sandvik Hyperion, ILJIN Diamond, Zhongnan Diamond, HUANGHE WHIRLWIND, Sino-crystal Diamond, JINQU, CR GEMS, HongJing, SF-Diamond, Yalong
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Synthetic Diamond Market Report Segments:
The global Industrial Synthetic Diamond market is segmented on the basis of:
Types
RVD Diamond Grain, MBD Diamond Grain, SCD Diamond Grain, SMD Diamond Grain, DMD Diamond Grain
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
Construction, Transportation, Electronics, Others
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:
- De Beers
- ALROSA
- Applied Diamond, Inc.
- Industrial Diamond Laboratories, Inc.
- Morgan Advanced Materials
- Scio Diamond Technology Corporation
- Element Six
- Sandvik Hyperion
- ILJIN Diamond
- Zhongnan Diamond
- HUANGHE WHIRLWIND
- Sino-crystal Diamond
- JINQU
- CR GEMS
- HongJing
- SF-Diamond
- Yalong
Highlights of The Industrial Synthetic Diamond 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:
- RVD Diamond Grain
- MBD Diamond Grain
- SCD Diamond Grain
- SMD Diamond Grain
- DMD Diamond Grain
- By Application:
- Construction
- Transportation
- Electronics
- Others
- 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 Industrial Synthetic Diamond 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Industrial synthetic diamonds are man-made diamonds that have been created in a laboratory. They are often less expensive than natural diamonds, but they may not be as durable or sparkly.
Some of the major players in the industrial synthetic diamond market are De Beers, ALROSA, Applied Diamond, Inc., Industrial Diamond Laboratories, Inc., Morgan Advanced Materials, Scio Diamond Technology Corporation, Element Six, Sandvik Hyperion, ILJIN Diamond, Zhongnan Diamond, HUANGHE WHIRLWIND, Sino-crystal Diamond, JINQU, CR GEMS, HongJing, SF-Diamond, Yalong.
The industrial synthetic diamond market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Synthetic Diamond Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Synthetic Diamond Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Synthetic Diamond Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Synthetic Diamond Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Synthetic Diamond Market Size & Forecast, 2020-2028
4.5.1 Industrial Synthetic Diamond Market Size and Y-o-Y Growth
4.5.2 Industrial Synthetic Diamond Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 RVD Diamond Grain
5.2.2 MBD Diamond Grain
5.2.3 SCD Diamond Grain
5.2.4 SMD Diamond Grain
5.2.5 DMD Diamond Grain
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Transportation
6.2.3 Electronics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Synthetic Diamond Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Synthetic Diamond Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 RVD Diamond Grain
9.6.2 MBD Diamond Grain
9.6.3 SCD Diamond Grain
9.6.4 SMD Diamond Grain
9.6.5 DMD Diamond Grain
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Transportation
9.10.3 Electronics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 RVD Diamond Grain
10.6.2 MBD Diamond Grain
10.6.3 SCD Diamond Grain
10.6.4 SMD Diamond Grain
10.6.5 DMD Diamond Grain
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Transportation
10.10.3 Electronics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 RVD Diamond Grain
11.6.2 MBD Diamond Grain
11.6.3 SCD Diamond Grain
11.6.4 SMD Diamond Grain
11.6.5 DMD Diamond Grain
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Transportation
11.10.3 Electronics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 RVD Diamond Grain
12.6.2 MBD Diamond Grain
12.6.3 SCD Diamond Grain
12.6.4 SMD Diamond Grain
12.6.5 DMD Diamond Grain
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Transportation
12.10.3 Electronics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 RVD Diamond Grain
13.6.2 MBD Diamond Grain
13.6.3 SCD Diamond Grain
13.6.4 SMD Diamond Grain
13.6.5 DMD Diamond Grain
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Transportation
13.10.3 Electronics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Synthetic Diamond Market: Competitive Dashboard
14.2 Global Industrial Synthetic Diamond Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 De Beers
14.3.2 ALROSA
14.3.3 Applied Diamond, Inc.
14.3.4 Industrial Diamond Laboratories, Inc.
14.3.5 Morgan Advanced Materials
14.3.6 Scio Diamond Technology Corporation
14.3.7 Element Six
14.3.8 Sandvik Hyperion
14.3.9 ILJIN Diamond
14.3.10 Zhongnan Diamond
14.3.11 HUANGHE WHIRLWIND
14.3.12 Sino-crystal Diamond
14.3.13 JINQU
14.3.14 CR GEMS
14.3.15 HongJing
14.3.16 SF-Diamond
14.3.17 Yalong
