Global Synthetic Diamonds Market 2020-2024

Global Synthetic Diamonds Market 2020-2024

Technavio has been monitoring the synthetic diamonds market and it is poised to grow by $ 9.80 bn during 2020-2024, progressing at a CAGR of 8% during the forecast period. Our reports on the synthetic diamonds market provide 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the cost advantage of synthetic diamonds and restrictions on mining activities. In addition, the cost advantage of synthetic diamonds is anticipated to boost the growth of the market as well.

The synthetic diamonds market analysis includes type segment and geographical landscapes.

Technavio's synthetic diamonds market is segmented as below:

By Type

  • Rough synthetic diamonds
  • Polished synthetic diamonds
By Geographical Landscapes
  • APAC
  • North America
  • Europe
  • MEA
  • South America
This study identifies the growing demand for synthetic diamonds from APAC as one of the prime reasons driving the synthetic diamonds market growth during the next few years.

Technavio 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. Our report on the synthetic diamonds market covers the following areas:
  • Synthetic diamonds market sizing
  • Synthetic diamonds market forecast
  • Synthetic diamonds market industry analysis
Technavio's 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 Applied Diamond Inc., Crystallume, Element Six UK Ltd., Henan Huanghe Whirlwind Co. Ltd., ILJIN Diamond Co. Ltd., NEW DIAMOND TECHNOLOGY LLC, Sandvik AB, Scio Diamond Technology Corp., 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 on 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.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Diversified metals and mining
      • Inputs
      • Operations
      • Mine development and extraction
      • Outbound logistics
      • Marketing and sales
  • Market Sizing
    • Market definition
      • Synthetic diamond manufacturing methods
        • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019 - 2024 ($ million), exclusive of COVID- 19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Rough synthetic diamonds - Market size and forecast 2019-2024
      • Table Rough synthetic diamonds - Market size and forecast 2019-2024 ($ million)
      • Table Rough synthetic diamonds - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Rough synthetic diamonds - Year-over-year growth 2019-2024 (%)
    • Polished synthetic diamonds - Market size and forecast 2019-2024
      • Table Polished synthetic diamonds - Market size and forecast 2019-2024 ($ million)
      • Table Polished synthetic diamonds - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Polished synthetic diamonds - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Cost advantage of synthetic diamonds
      • Growing demand for synthetic diamonds from APAC
      • Restrictions on mining activities
      • Versatile properties of synthetic diamonds
    • Market challenges
      • Complicated manufacturing process
      • Protests by natural diamond traders
      • Advances in natural diamond mining process
        • Table Impact of drivers and 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
      • Increase in adoption of omnichannel strategy by jewelry industry
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
    • Competitive scenario
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Applied Diamond Inc.
      • Table Applied Diamond Inc. - Overview
      • Table Applied Diamond Inc. - Product and service
      • Table Applied Diamond Inc. - Key offerings
    • Crystallume
      • Table Crystallume - Overview
      • Table Crystallume - Product and service
      • Table Crystallume - Key offerings
    • Element Six UK Ltd.
      • Table Element Six UK Ltd. - Overview
      • Table Element Six UK Ltd. - Product and service
      • Table Element Six UK Ltd. - Key news
      • Table Element Six UK Ltd. - Key offerings
    • Henan Huanghe Whirlwind Co. Ltd.
      • Table Henan Huanghe Whirlwind Co. Ltd. - Overview
      • Table Henan Huanghe Whirlwind Co. Ltd. - Product and service
      • Table Henan Huanghe Whirlwind Co. Ltd. - Key offerings
    • ILJIN Diamond Co. Ltd.
      • Table ILJIN Diamond Co. Ltd. - Overview
      • Table ILJIN Diamond Co. Ltd. - Product and service
      • Table ILJIN Diamond Co. Ltd. - Key news
      • Table ILJIN Diamond Co. Ltd. - Key offerings
    • NEW DIAMOND TECHNOLOGY LLC
      • Table NEW DIAMOND TECHNOLOGY LLC - Overview
      • Table NEW DIAMOND TECHNOLOGY LLC - Product and service
      • Table NEW DIAMOND TECHNOLOGY LLC - Key offerings
    • Sandvik AB
      • Table Sandvik AB - Overview
      • Table Sandvik AB - Business segments
      • Table Sandvik AB - Key news
      • Table Sandvik AB - Key offerings
      • Table Sandvik AB - Segment focus
    • Scio Diamond Technology Corp.
      • Table Scio Diamond Technology Corp. - Overview
      • Table Scio Diamond Technology Corp. - Product and service
      • Table Scio Diamond Technology Corp. - Key offerings
    • Tomei Diamond Co. Ltd.
      • Table Tomei Diamond Co. Ltd. - Overview
      • Table Tomei Diamond Co. Ltd. - Product and service
      • Table Tomei Diamond Co. Ltd. - Key offerings
    • WD Lab Grown Diamonds
      • Table WD Lab Grown Diamonds - Overview
      • Table WD Lab Grown Diamonds - Product and service
      • Table WD Lab Grown Diamonds - Key news
      • Table WD Lab Grown Diamonds - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objective
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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