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Synthetic Diamond Market 2020-2024 | Insights by Types, Applications, Market Drivers, Industry Segmentation and Forecast Analysis

Synthetic

The Key purpose of “Synthetic Diamond Market” report is to deliver key market trends, the scope of report, competitive landscape and industry overview with key players. Synthetic Diamond market report is designed by a detailed investigation process to collect all the necessary data. Further, the report studies the revenue generated from the market analysis and opportunity analysis to estimate the market size.

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Synthetic Diamond Market Covers Key Players:

  • AOTC LLC
  • Applied Diamond Inc.
  • Element Six
  • ILJIN Diamond
  • New Diamond Technology LLC
  • Pure Grown Diamonds
  • Scio Diamond Technology Corporation
  • Sumitomo Electric Industries
  • Swarovski Group

    Market Overview:

  • The synthetic diamond market is expected to grow at a CAGR of 7.85% during the forecast period of 2019-2024. One of the major factors driving the market studied are increasing demand from the electronics industry as synthetic diamonds have become a critical heat-enabling technology which prevents silicon and other semiconductor materials from overheating.
  • – Synthetic diamonds are also widely used in superabrasive tools, such as grinding wheels, cutting tools, drilling and dressing tools, among others for manufacturing products in the automotive, medical, aerospace, and electronics industries. Hence increasing demand for superabrasives is also likely to boost the demand for synthetic diamonds.
  • – Asia-Pacific dominated the synthetic diamond market across the globe owing to the rapid growth of electronics manufacturing in countries like China, India, and Japan.<

    The Synthetic Diamond Market Report Includes:

    • The Synthetic Diamond market report covers the present status and future prospects.
    • The report analyses market trends, size, and forecast in different geographically.
    • The report provides market competition overview among the Top companies.
    • The report provides a complete analysis of the current and emerging market trends and opportunities.

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    Scope of the Report:

  • This report studies the global Synthetic Diamond market size, industry status and forecast, competition landscape and growth opportunity.

    Key Market Trends:

    Growing Demand from the Electronics Industry

    – The usage of synthetic diamond in the electronics industry has been increasing, due to their ability to act as a heat sink. Synthetic diamond prevents silicon and other semiconductor materials from overheating and thus, have become a critical heat-enabling technology.
    – According to the Semiconductor Industry Association (SIA), the global semiconductor industry had sales of around USD 437.6 billion in 2018, reaching the industry’s highest-ever annual sales.
    – The demand is expected to further increase during the forecast period, as semiconductors have become more embedded in the ever-increasing product number – from cars to coffee makers – and nascent technologies, such as artificial intelligence, virtual reality, and the internet of things.
    – Synthetic diamond is unmatched in its ability to diffuse heat. When used as a semiconductor, synthetic diamond is used to manufacture smaller and more powerful electronics, thereby increasing its usage in radio frequency (RFs) and power device types.
    – This increasing usage of semiconductors by various end-users is expected to boost the demand for the synthetic diamond from the electronics industry, during the forecast period.

    Asia-Pacific Region to Dominate the Market

    Asia-Pacific region dominated the global market share in 2018. Owing to the high manufacturing activities by the numerous end-user industries in the country, synthetic diamonds have a huge market in China. The electronic manufacturers in China are developing attempts for intelligent manufacturing and upgrading to high-end manufacturing. Apart from China, ASEAN Countries is the largester exporter of electronics, which is equivalent to about 25% of the region’s total exports in goods. According to the ASEAN Secretariat, the bulk of the world’s consumer electronics comes from the ASEAN region. Moreover, over 80% of the world’s hard drives are produced in ASEAN countries. Hence, owing to these factors, Asia-Pacific is likely to dominate the global market during the forecast period.

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    Important Questions Answered in The Synthetic Diamond Market Report:

    • What is the main factor that takes this market to the next level?
    • What will the market demand and what will be growth?
    • What are the latest opportunities for the Synthetic Diamond Market in the future?
    • What are the strengths of the main players?
    • What is the key to the Synthetic Diamond Market?

    Detailed TOC of Synthetic Diamond Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand from the Electronics Industry
    4.1.2 Increasing Demand for Superabrasives
    4.1.3 Others
    4.2 Restraints
    4.2.1 Lack of Branding and Marketing
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Polished
    5.1.1.1 Jewelry
    5.1.1.2 Electronics
    5.1.1.3 Healthcare
    5.1.1.4 Other Polished Types
    5.1.2 Rough
    5.1.2.1 Construction
    5.1.2.2 Mining
    5.1.2.3 Oil & Gas
    5.1.2.4 Other Rough Types
    5.2 Manufacturing Process
    5.2.1 High-pressure High-temperature (HPHT)
    5.2.2 Chemical Vapor Deposition (CVD)
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 ASEAN Countries
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Rest of the North America
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 France
    5.3.3.3 United Kingdom
    5.3.3.4 Italy
    5.3.3.5 Spain
    5.3.3.6 Rest of the Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 GCC Countries
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 AOTC LLC
    6.4.2 Applied Diamond Inc.
    6.4.3 Element Six
    6.4.4 ILJIN Diamond
    6.4.5 New Diamond Technology LLC
    6.4.6 Pure Grown Diamonds
    6.4.7 Scio Diamond Technology Corporation
    6.4.8 Sumitomo Electric Industries
    6.4.9 Swarovski Group

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Production of Thin but Wide CVD Diamond Plates in Japan

     

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