CVD Lab-grown Diamonds Market

CVD Lab-grown Diamonds Market worth $15.9 billion by 2027

The report "CVD Lab-grown Diamonds Market by Type (Rough, Polished), Color, Application (Machine & Cutting Tools; Heat Sinks & Exchangers; Optical, Laser, & X-ray; Electronics; Healthcare Instruments; Gemstone), and Region - Global Forecast to 2027", is projected to grow from USD 11.3 billion in 2022 to USD 15.9 billion by 2027, at a CAGR of 7.1% from 2022 to 2027. Major factors driving the growth of the CVD lab-grown diamond include increasing adoption among consumers, and demand from various growing applications such as electronics, machine & cutting tools, and others.

Browse 275 market data Tables and 47 Figures spread through 226 Pages and in-depth TOC on "CVD Lab-grown Diamonds Market by Type (Rough, Polished), Color, Application (Machine & Cutting Tools; Heat Sinks & Exchangers; Optical, Laser, & X-ray; Electronics; Healthcare Instruments; Gemstone), and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/cvd-lab-grown-diamonds-market-11040749.html

By type, the rough segment accounted for the highest share of CVD lab-grown diamond market during 2022 to 2027.

The rough segment, by type, in the market accounted for the highest share. Rough diamond has properties such as of thermal conductivity, broadband optical transparency, and hardness which makes it suitable to be used in various industrial applications such as heat sinks, optical solutions, and cutting tools, among others.

By color, the colorless segment accounted for the highest share of the CVD lab-grown diamond market from 2022 to 2027.

The colorless segment, by color, in this market accounted for the highest share. Colorless diamonds are used in heat sinks, exchangers, and jewelry applications. The demand for colorless diamonds is highest in the machine & cutting tools segment. These diamonds have a cost-effective manufacturing process, making them suitable for usage in abrasive industrial applications.

By application, the machine & cutting tools segment accounted for the highest share of the CVD lab-grown diamond market from 2022 to 2027.

The machine & cutting tools segment, by application, the market accounted for the highest share. As diamond is one of the hardest naturally available materials, it is largely being consumed for manufacturing machine & cutting tools. However, as CVD diamonds have identical properties to mined diamonds, they are swiftly replacing natural diamonds in these application areas. CVD diamond cutting tools are used in machining graphite, carbon fiber, and machining composite materials.

North America is the largest region in the CVD lab-grown diamond market.

North America accounted for the largest share in the CVD lab-grown diamonds market. The market of CVD lab-grown diamonds is driven by the growing demand from consumers in the US, majorly in the jewelry segment. Many consumers in North America region prefers lab-grown diamonds over natural diamond due to their eco-friendly characteristics.

De Beers Group (UK), Sumitomo Electric Industries Ltd. (Japan), Goldiam (India), Adamas One Corp (US), Bhanderi Lab Grown Diamonds LLP (India), Hebei Plasma Diamond Technology Co., Ltd. (China), SP3 Diamond Technologies (US), Delaware Diamond Knives, Inc. (US), EDP Corporation (Japan), Tomei Diamond Corporation (Japan), Heyaru (Belgium), Beijing Worldia Diamond Tools Co., Ltd. (China), Ritani (US), and Shanghai Zhengshi Technology Co., Ltd.  (China) are the key players in CVD lab-grown diamond market.

Don’t miss out on business opportunities in CVD Lab-grown Diamonds Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

CVD Lab-grown Diamonds Market Size,  Share & Growth Report
Report Code
CH 8544
PR Published ON
2/15/2023
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the CVD Lab-grown Diamonds Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home