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Global Synthetic Diamond Market 2017-2021

Global Synthetic Diamond Market 2017-2021

About Synthetic Diamonds

Diamond is a highly precious material and forms naturally in the mantel of the earth. Synthetic diamonds are artificially manufactured lab-grown diamonds. They possess same chemical and optical properties and crystal structure. Synthetic diamonds are mainly produced by two processes, the high pressure and high temperature (HPHT) method and the chemical vapor deposition (CVD) method.

Technavio’s analysts forecast the global synthetic diamonds market to grow at a CAGR of 7.49% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global synthetic diamonds market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Synthetic Diamonds Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Crystallume
  • Element Six
  • ILJIN Diamond
  • NEW DIAMOND TECHNOLOGY
  • Scio Diamond Technology
Other prominent vendors
  • Applied Diamond
  • D.NEA
  • Hebei Plasma Diamond Technology
  • New Age Diamonds
  • Zhengzhou Sino-Crystal Diamond
Market driver
  • Cost advantage of synthetic diamonds
  • For a full, detailed list, view our report
Market challenge
  • Complicated manufacturing process
  • For a full, detailed list, view our report
Market trend
  • Growing consumption of polished diamonds in jewelry industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Synthetic Diamonds Market 2017-2021

Technavio recognizes the following companies as the key players in the global synthetic diamonds market: Crystallume, Element Six, ILJIN Diamond, NEW DIAMOND TECHNOLOGY, and Scio Diamond Technology.

Other Prominent Vendors in the market are: Applied Diamond, D.NEA, Hebei Plasma Diamond Technology, New Age Diamonds, and Zhengzhou Sino-Crystal Diamond.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing consumption of polished diamonds in jewelry industry. The consumption of polished diamonds is increasing in jewelry applications due to increasing customer's inclination toward diamonds. Diamonds have been used as gemstones in the jewelry industry for centuries.”

According to the report, one driver in the market is cost advantage of synthetic diamonds. The low cost of synthetic diamonds in comparison with natural diamonds is one of the key driving factors for the market. The physical and chemical properties of the synthetic diamonds and mined diamonds are almost same, and one cannot differentiate by touch, sight, or other physical means. Although the price of diamonds mainly depends on their shape, cut, clarity, color, and carat, synthetic diamonds are cheaper than mined diamonds.

Further, the report states that one challenge in the market is complicated manufacturing process. Synthetic diamonds are mainly produced by two manufacturing processes such as the HPHT method and the CVD method. The production of synthetic diamond is complex and time consuming. These processes include multiple steps and have production limitations regarding the size of diamonds. The HPHT method is a three-step process and requires high temperature and high pressure.



Companies Mentioned

Crystallume, Element Six, ILJIN Diamond, NEW DIAMOND TECHNOLOGY, Scio Diamond Technology, Applied Diamond, D.NEA, Hebei Plasma Diamond Technology, New Age Diamonds, and Zhengzhou Sino-Crystal Diamond.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
    • Synthetic diamond manufacturing methods
  • Market landscape
    • Market overview
      • Table Global synthetic diamonds market
    • Market size and forecast
      • Table Global synthetic diamonds market 2016 and 2021 ($ billions)
      • Table Market forecast: Global synthetic diamonds market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global synthetic diamonds market by type
      • Table Global synthetic diamonds market by type 2016
      • Table Global synthetic diamonds market by type 2021
    • Global rough synthetic diamonds market
      • Table Global rough synthetic diamonds market 2016 and 2021 ($ billions)
      • Table Market forecast: Global rough synthetic diamonds market 2016-2021
    • Global polished synthetic diamonds market
      • Table Global polished synthetic diamonds market 2016 and 2021 ($ billions)
      • Table Market forecast: Global polished synthetic diamonds market 2016-2021
  • Geographical segmentation
    • Global synthetic diamonds market by geography
      • Table Global synthetic diamonds market by geography 2016
      • Table Global synthetic diamonds market by geography 2021
    • Synthetic diamonds market in APAC
      • Table Synthetic diamonds market in APAC 2016 and 2021 ($ billions)
      • Table Market forecast: Synthetic diamonds market in APAC 2016-2021
    • Synthetic diamonds market in North America
      • Table Synthetic diamonds market in North America 2016 and 2021 ($ billions)
      • Table Market forecast: Synthetic diamonds market in North America 2016-2021
    • Synthetic diamonds market in Europe
      • Table Synthetic diamonds market in Europe 2016 and 2021 ($ billions)
      • Table Market forecast: Synthetic diamonds market in Europe 2016-2021
    • Synthetic diamonds market in ROW
      • Table Synthetic diamonds market in ROW 2016 and 2021 ($ billions)
      • Table Market forecast: Synthetic diamonds market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Rising demand from emerging applications such as electronics and semiconductors
    • Growing consumption of polished diamonds in jewelry industry
    • Robust R&D initiatives to enhance synthetic diamonds use
  • Vendor landscape
    • Competitive scenario
      • Table Global synthetic diamonds market: Key vendors
    • Other prominent vendors
  • Key vendor analysis
    • Crystallume
    • Element Six
    • ILJIN Diamond
      • Table ILJIN Diamond: Product offerings
    • NEW DIAMOND TECHNOLOGY
    • Scio Diamond Technology
  • Appendix
    • List of abbreviations
  • Explore Technavio

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