Global Artificial Diamond Market Growth 2023-2029

Global Artificial Diamond Market Growth 2023-2029

Single crystal diamond is one type of synthetic diamond which is also known as an artificial diamond, cultured diamond, or cultivated diamond. Single crystal diamond is also widely known as HPHT diamond or CVD diamond after the two common production methods (referring to the high-pressure high-temperature and chemical vapor deposition crystal formation methods, respectively). It is wide used in cutting tools, wheel dressing, specialty knives, burnishing tools, wear parts and other wide range of high technology application such as optical, electronic and certain mechanical applications.

LPI (LP Information)' newest research report, the “Artificial Diamond Industry Forecast” looks at past sales and reviews total world Artificial Diamond sales in 2022, providing a comprehensive analysis by region and market sector of projected Artificial Diamond sales for 2023 through 2029. With Artificial Diamond sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Artificial Diamond industry.

This Insight Report provides a comprehensive analysis of the global Artificial Diamond landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Artificial Diamond portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Artificial Diamond market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Artificial Diamond and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Artificial Diamond.

The global Artificial Diamond market size is projected to grow from US$ 1390.1 million in 2022 to US$ 1759.4 million in 2029; it is expected to grow at a CAGR of 1759.4 from 2023 to 2029.

China is the largest manufacture region with about 85% market share. Other Asian countries are followers.

The main manufacturers are Element Six, Sumitomo Electric, ILJIN Diamond, Zhongnan Diamond, Huanghe Whirlwind, Zhengzhou Sino-Crystal, CR GEMS Diamond etc. Zhongnan Diamond is the largest manufacturer with about 23% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Diamond market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
RVD Diamond Grain
MBD Diamond Grain
SCD Diamond Grain
SMD Diamond Grain
DMD Diamond Grain

Segmentation by application
Ceramic Material
Machining And Cutting Tools
Electronic Materials
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
De Beers
Sandvik Hyperion
ILJIN Diamond
Zhongnan Diamond
HUANGHE WHIRLWIND
Sino-crystal Diamond
CR GEMS
SF Diamond
Henan Yalong Diamond
Logan Oil Tools
Grant Prideco

Key Questions Addressed in this Report

What is the 10-year outlook for the global Artificial Diamond market?

What factors are driving Artificial Diamond market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Artificial Diamond market opportunities vary by end market size?

How does Artificial Diamond break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.