According to a market report by Lucintel, the future of the global HPHT diamond market looks promising with opportunities in the machine tool and tool, thermal application, electrochemical application, and gem segment markets. The global HPHT diamond market is expected to grow with a CAGR of 10.3% from 2024 to 2030. The major drivers for this market are significantly growing gemstone and jewellery industry, rising awareness about diamonds as a luxury goods, and advancements in diamond manufacturing technology.
A more than 150-page report to understand trends, opportunity and forecast in HPHT diamond market to 2030 by type (single crystal HPHT diamond and polycrystalline HPHT diamond), application (machine tools and tools, thermal application, electrochemical applications, gem segment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, single crystal HPHT diamond is expected to witness higher growth over the forecast period due to their superior quality and limited availability.
Within the application category, gem segment will remain the largest segment due to rising disposable income and increasing awareness about diamonds.
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In terms of regions, APAC will remain the largest region over the forecast period due to rapid economic growth, increasing consumption of jewellery, and growing acceptance of synthetic diamonds.
Element Six, Suncrest Diamonds, HPHT Diamond, Henan Yuda Crystal, Taidiam are the major suppliers in the HPHT diamond market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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