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Global Industrial Diamond Market Size, Share, Forecast: By Type: Natural Industrial Diamond, Synthetic Industrial Diamond; By Application: Construction, Transportation, Electronics, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Global Industrial Diamond Market Outlook
The global industrial diamond market attained a value of USD 2.13 billion in 2023. The industry is further expected to grow in the forecast period of 2024-2032 at a CAGR of 3.1% to reach USD 2.79 billion by 2032 due to speedy development in construction and automotive industries.
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Market Segmentation
With diamond having the highest thermal conductivity, it is used for industrial purposes in drilling, cutting, and polishing. The industrial diamond demonstrates numerous properties such as clean operation and fast material removal rates. They can be either natural or synthetic in types. Industrial diamonds can endure extreme pressure and give seamless finishing after cutting, thus, they are used in transportation, construction, and electronics sectors, among others.
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The EMR report covers the regional markets for the product like the North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
Market Analysis
The global industrial diamond industry is being driven by the high demand for abrasives for purposes of grinding, polishing, and cutting. The development in infrastructure and the increasing production of automobiles are further fuelling the growth of the industry. The availability of cheaper substitutes might hinder the growth of the industry, however, research for reducing the production cost and increasing the scope of its application is generating growth opportunities for the global industrial diamond market.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global industrial diamond market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Applied Diamond Inc.
- Element Six (UK) Ltd.
- De Beers Group
- ILJIN DIAMOND CO., LTD
- PJSC Alrosa
- Adamas One Corporation (Scio Diamond Technology Corporation)
- Industrial Diamond Laboratories, Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Industrial Diamond Market Analysis
8.1 Key Industry Highlights
8.2 Global Industrial Diamond Historical Market (2018-2023)
8.3 Global Industrial Diamond Market Forecast (2024-2032)
8.4 Global Industrial Diamond Market by Type
8.4.1 Natural Industrial Diamond
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Synthetic Industrial Diamond
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Industrial Diamond Market by Application
8.5.1 Construction
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Transportation
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Electronics
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Industrial Diamond Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Industrial Diamond Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Industrial Diamond Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Industrial Diamond Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Industrial Diamond Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Industrial Diamond Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Applied Diamond Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Element Six (UK) Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 PJSC Alrosa
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 ILJIN DIAMOND CO., LTD
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Adamas One Corporation (Scio Diamond Technology Corporation)
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 De Beers plc
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Industrial Diamond Laboratories, Inc.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Industrial Diamond Market: Key Industry Highlights, 2018 and 2032
2. Global Industrial Diamond Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Industrial Diamond Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Industrial Diamond Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Industrial Diamond Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Industrial Diamond Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Industrial Diamond Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Industrial Diamond Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Industrial Diamond Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Industrial Diamond Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Industrial Diamond Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Industrial Diamond Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Industrial Diamond Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Industrial Diamond Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Industrial Diamond Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Industrial Diamond Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Industrial Diamond Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Industrial Diamond Market Structure
Key Questions Answered in the Report
The global industrial diamond market attained a value of nearly USD 2.13 billion in 2023.
The market is projected to grow at a CAGR of 3.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2.79 billion by 2032.
The major drivers of the market include rising population and the development in infrastructure and the increasing production of automobiles.
The rising industrial activities in emerging economies, particularly China and India, is expected to be a key trend guiding the growth of the industry.
The types of industrial diamond available are natural industrial diamond and synthetic industrial diamond.
Industrial diamond finds applications as construction, transportation, and electronics, amongst others.
The key players in this market include Applied Diamond Inc., Element Six (UK) Ltd., De Beers Group, PJSC Alrosa, ILJIN DIAMOND CO., LTD, Adamas One Corporation (Scio Diamond Technology Corporation), and Industrial Diamond Laboratories, Inc., among others.
Analyst Review
The global industrial diamond market attained a value of USD 2.13 billion in 2023, driven by the speedy development in construction and automotive industries. Aided by rising industrial activities in emerging economies, particularly China and India, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.1%. The market is projected to reach USD 2.79 billion by 2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on the type, the industrial diamond market can be segmented into natural industrial diamond and synthetic industrial diamond. By application, the industry can be divided into construction, transportation, and electronics, amongst others. The key players in the above industry include Applied Diamond Inc., Element Six (UK) Ltd., De Beers Group, PJSC Alrosa, ILJIN DIAMOND CO., LTD, Adamas One Corporation (Scio Diamond Technology Corporation), Industrial Diamond Laboratories, Inc., Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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