Global Synthetic Diamonds Market 2024-2028

Global Synthetic Diamonds Market 2024-2028


Synthetic Diamonds Market 2024-2028

The synthetic diamonds market is forecasted to grow by USD 7730.8 mn during 2023-2028, accelerating at a CAGR of 7.1% during the forecast period. The report on the synthetic diamonds market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost advantage of synthetic diamonds, growing demand for synthetic diamonds from apac, and versatile properties of synthetic diamonds.

Technavio's synthetic diamonds market is segmented as below:

By Type
  • Rough synthetic diamonds
  • Polished synthetic diamonds
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the rising demand from emerging applications such as electronics and semiconductors as one of the prime reasons driving the synthetic diamonds market growth during the next few years. Also, growing consumption of polished diamonds in jewelry industry and robust research and development initiatives to enhance synthetic diamond use will lead to sizable demand in the market.

The report on the synthetic diamonds market covers the following areas:
  • Synthetic Diamonds Market sizing
  • Synthetic Diamonds Market forecast
  • Synthetic Diamonds Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading synthetic diamonds market vendors that include Aphrodiamante GmbH, Applied Diamond Inc., Crystallume Corp., D.NEA Diamonds, Diamond Foundry Inc., Electronic Commodities Exchange LP, Element Six UK Ltd., Hebei Plasma Diamond Technology Co. Ltd., Henan Huanghe Whirlwind Co. Ltd., Heyaru Engineering NV, IIa Technologies Pte. Ltd., ILJIN Diamond Co. Ltd., New Age Diamonds, NEW DIAMOND TECHNOLOGY LLC, Pure Grown Diamonds, Sandvik AB, Tomei Diamond Co. Ltd., and WD Lab Grown Diamonds. Also, the synthetic diamonds market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Synthetic Diamonds Market 2018 - 2022
Historic Market Size - Data Table on Global Synthetic Diamonds Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Rough synthetic diamonds - Market size and forecast 2023-2028
Chart on Rough synthetic diamonds - Market size and forecast 2023-2028 ($ million)
Data Table on Rough synthetic diamonds - Market size and forecast 2023-2028 ($ million)
Chart on Rough synthetic diamonds - Year-over-year growth 2023-2028 (%)
Data Table on Rough synthetic diamonds - Year-over-year growth 2023-2028 (%)
6.4 Polished synthetic diamonds - Market size and forecast 2023-2028
Chart on Polished synthetic diamonds - Market size and forecast 2023-2028 ($ million)
Data Table on Polished synthetic diamonds - Market size and forecast 2023-2028 ($ million)
Chart on Polished synthetic diamonds - Year-over-year growth 2023-2028 (%)
Data Table on Polished synthetic diamonds - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.9 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.10 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
8.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.12 United Arab Emirates - Market size and forecast 2023-2028
Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Applied Diamond Inc.
Applied Diamond Inc. - Overview
Applied Diamond Inc. - Product / Service
Applied Diamond Inc. - Key offerings
11.4 Crystallume Corp.
Crystallume Corp. - Overview
Crystallume Corp. - Product / Service
Crystallume Corp. - Key offerings
11.5 Electronic Commodities Exchange LP
Electronic Commodities Exchange LP - Overview
Electronic Commodities Exchange LP - Product / Service
Electronic Commodities Exchange LP - Key offerings
11.6 Element Six UK Ltd.
Element Six UK Ltd. - Overview
Element Six UK Ltd. - Product / Service
Element Six UK Ltd. - Key offerings
11.7 Henan Huanghe Whirlwind Co. Ltd.
Henan Huanghe Whirlwind Co. Ltd. - Overview
Henan Huanghe Whirlwind Co. Ltd. - Product / Service
Henan Huanghe Whirlwind Co. Ltd. - Key offerings
11.8 ILJIN Diamond Co. Ltd.
ILJIN Diamond Co. Ltd. - Overview
ILJIN Diamond Co. Ltd. - Product / Service
ILJIN Diamond Co. Ltd. - Key offerings
11.9 NEW DIAMOND TECHNOLOGY LLC
NEW DIAMOND TECHNOLOGY LLC - Overview
NEW DIAMOND TECHNOLOGY LLC - Product / Service
NEW DIAMOND TECHNOLOGY LLC - Key offerings
11.10 Sandvik AB
Sandvik AB - Overview
Sandvik AB - Business segments
Sandvik AB - Key news
Sandvik AB - Key offerings
Sandvik AB - Segment focus
11.11 Tomei Diamond Co. Ltd.
Tomei Diamond Co. Ltd. - Overview
Tomei Diamond Co. Ltd. - Product / Service
Tomei Diamond Co. Ltd. - Key offerings
11.12 WD Lab Grown Diamonds
WD Lab Grown Diamonds - Overview
WD Lab Grown Diamonds - Product / Service
WD Lab Grown Diamonds - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Synthetic Diamonds Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Type
Exhibits33: Data Table on Comparison by Type
Exhibits34: Chart on Rough synthetic diamonds - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Rough synthetic diamonds - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Rough synthetic diamonds - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Rough synthetic diamonds - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Polished synthetic diamonds - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Polished synthetic diamonds - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Polished synthetic diamonds - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Polished synthetic diamonds - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by Type ($ million)
Exhibits43: Data Table on Market opportunity by Type ($ million)
Exhibits44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits45: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits47: Chart on Geographic comparison
Exhibits48: Data Table on Geographic comparison
Exhibits49: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibits89: Market opportunity By Geographical Landscape ($ million)
Exhibits90: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits91: Impact of drivers and challenges in 2023 and 2028
Exhibits92: Overview on criticality of inputs and factors of differentiation
Exhibits93: Overview on factors of disruption
Exhibits94: Impact of key risks on business
Exhibits95: Companies covered
Exhibits96: Matrix on companies position and classification
Exhibits97: Applied Diamond Inc. - Overview
Exhibits98: Applied Diamond Inc. - Product / Service
Exhibits99: Applied Diamond Inc. - Key offerings
Exhibits100: Crystallume Corp. - Overview
Exhibits101: Crystallume Corp. - Product / Service
Exhibits102: Crystallume Corp. - Key offerings
Exhibits103: Electronic Commodities Exchange LP - Overview
Exhibits104: Electronic Commodities Exchange LP - Product / Service
Exhibits105: Electronic Commodities Exchange LP - Key offerings
Exhibits106: Element Six UK Ltd. - Overview
Exhibits107: Element Six UK Ltd. - Product / Service
Exhibits108: Element Six UK Ltd. - Key offerings
Exhibits109: Henan Huanghe Whirlwind Co. Ltd. - Overview
Exhibits110: Henan Huanghe Whirlwind Co. Ltd. - Product / Service
Exhibits111: Henan Huanghe Whirlwind Co. Ltd. - Key offerings
Exhibits112: ILJIN Diamond Co. Ltd. - Overview
Exhibits113: ILJIN Diamond Co. Ltd. - Product / Service
Exhibits114: ILJIN Diamond Co. Ltd. - Key offerings
Exhibits115: NEW DIAMOND TECHNOLOGY LLC - Overview
Exhibits116: NEW DIAMOND TECHNOLOGY LLC - Product / Service
Exhibits117: NEW DIAMOND TECHNOLOGY LLC - Key offerings
Exhibits118: Sandvik AB - Overview
Exhibits119: Sandvik AB - Business segments
Exhibits120: Sandvik AB - Key news
Exhibits121: Sandvik AB - Key offerings
Exhibits122: Sandvik AB - Segment focus
Exhibits123: Tomei Diamond Co. Ltd. - Overview
Exhibits124: Tomei Diamond Co. Ltd. - Product / Service
Exhibits125: Tomei Diamond Co. Ltd. - Key offerings
Exhibits126: WD Lab Grown Diamonds - Overview
Exhibits127: WD Lab Grown Diamonds - Product / Service
Exhibits128: WD Lab Grown Diamonds - Key offerings
Exhibits129: Inclusions checklist
Exhibits130: Exclusions checklist
Exhibits131: Currency conversion rates for US$
Exhibits132: Research methodology
Exhibits133: Information sources
Exhibits134: Data validation
Exhibits135: Validation techniques employed for market sizing
Exhibits136: Data synthesis
Exhibits137: 360 degree market analysis
Exhibits138: List of abbreviations

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