Synthetic Diamond Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
163 Page Report
Growing Industrial Activities to Accelerate Demand for
Synthetic Diamonds, says TMR
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Synthetic Diamond Market
Synthetic Diamond Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023
The top three players leading the global synthetic diamond market are ElementSix, SandvikAB, and ILJINCo. ,
Ltd. These companies held a dominant 75.6% in the overall market in 2014. A new research report by
Transparency Market Research indicates that forward integration has helped these players maintain their
winning positions. However, the future will be dictated by sound investments in research and development
activities to lower manufacturing costs and enhancing the product quality.
“Setting up manufacturing plants in developing regions of Asia Pacific will also yield higher returns on
investments,” states the author of the research report. Tying up with research institutes to further bring down
the research and development costs will also benefit the manufacturers of synthetic diamonds in the coming
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Cost Advantage Across Applications Gives Fillip to Synthetic Diamond Sales
Synthetic diamonds find an indispensable usage in myriad industrial applications such construction, computer
chip production, oil and gas exploration, mining activities, stone cutting and polishing, and in surgeries. Thus,
the definite rise in these activities has led to an upsurge in the demand for the synthetic diamond market. The
ability of synthetic...