When it comes to synthetic diamonds, most of the jewellers would be able to source the diamonds directly from the laboratories. This process generally works the same, such as, if customer would like to design an engagement ring then they will ask for a synthetic diamond to be placed in the middle of the band. Due to their physical and chemical properties , such as widest optical transparency window, wide band gap, chemical inertness, electric insulation, hardness, exceptional thermal conductivity, high electrical carrier mobility, high resistance to thermal shock, and excellent mechanical properties, have made it extensively useful option for application in electronic devices.
Frequently Asked Questions
The market is segmented based on Segmentation, By Product (Bort, Dust, Grit, Powder, Stone), Type (Polished, Rough), Manufacturing Process (High Pressure, High Temperature, Chemical Vapour Deposition), Application (Gem, Heat Sinks/Exchangers, High-end Electronics, Laser and X-ray, Machine and Cutting Tools, Surgical Machinery, Water Treatment, Quantum Computing, Optical, Sensors and Scanning, Medical, Electricals) – Industry Trends and Forecast to 2032
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The Global Synthetic Diamond Market size was valued at USD 17.53 USD Billion in 2024.
The Global Synthetic Diamond Market is projected to grow at a CAGR of 7.57% during the forecast period of 2025 to 2032.
The major players operating in the market include Element Six, Scio Diamond Technology, Applied Diamond , HEYARU, Sandvik Group, ILJIN DIAMOND CO., Henan Huanghe Whirlwind CO., Zhengzhou Sino Crystal Diamond Co., Industrial Abrasives Ltd, Swarovski, Soham Industrial Diamonds, Eco Star Diamond, Krystal Grown Diamonds, HeNan LiLiang Diamond Co., New Diamond Technology, FOREVER COMPANIES, Hyperion Materials & Technologies, NOVA DIAMONDS PTY LTD, Charles & Colvard.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
