Synthetic Industrial Diamond Production Growth Gains Speed in Developing Countries

Today around 88% of the total global output volume of industrial diamond is taken up by synthetic industrial diamond producers. This material has a number of qualities which provide for its wide applications in various industries. Moreover, the improved technologies of the synthetic diamond production make it more cost effective and large-scale in terms of volumes. The low-cost manufacturing in China and Russia is gaining development speed, which is expected to make them the world leaders of the industrial diamond market.

In the emerging economies like China and India, the demand for industrial diamond is forecast to outpace 10% in the coming five years and can reach up to 15%. The Western countries, namely the USA and Canada will witness rather stable demand growth which is projected to rest at approximately 3%.

Comprehensive industrial diamond market analysis and future forecasts are the key feature of the new report “Industrial Diamond Market Review”. The report delves deep into the data and analytical study and offers insights into the global, regional and country markets in the past, at present and in the projected future.

The report provides information on industrial diamond production and consumption, demand and supply, price dynamics and trade activities. It examines major events within the industry and covers key marketers’ profiles. The forecasts included into the report show the future of the industry through 2017 and reveal the projected volumes and prices, opportunities and trends.

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