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According to the research report published by Market IntelliX, the global market for Synthetic Diamond should grow from US$ 1849.6 million in 2022 to US$ 2927 million by 2029, with a CAGR of 6.9% for the period of 2023-2029.
Global key players of synthetic diamond include Element Six, Zhongnan Diamond, Huanghe Whirlwind, Diamond Foundry, Sino-Crystal Diamond, etc., mainly located in North America, Europe, China, Southeast Asia, Japan, and South Korea. The top five manufacturers occupy more than 70% of the market share, with the largest producer being Element Six, accounting for 26%. North America is the largest market with about 47% market share, followed by Asia Pacific with 36%. In terms of product type, HPHT synthetic diamond is the largest segment with a share of about 59%. Also in terms of downstream, diamond is the largest downstream segment with a 35% share.
Synthetic diamond is usually produced by subjecting graphite to very high temperatures and pressures. Synthetic diamond resembles natural diamond in most fundamental properties, retaining the extreme hardness, broad transparency (when pure), high thermal conductivity, and high electrical resistivity for which diamond is highly prized. Because synthesis is an expensive process, large stones of gem quality are rarely made. Instead, most synthetic diamond is produced as grit or small crystals that are used to provide hard coatings for industrial equipment such as grinding wheels, machine tools, wire-drawing dies, quarrying saws, and mining drills. In addition, diamond films can be grown on various materials by subjecting carbon-containing gas to extreme heat, and those layers can be used in cutting tools, windows for optical devices, or substrates for semiconductors.
This report aims to provide a comprehensive study of the global market for Synthetic Diamond. Report Highlights:
(1) Global Synthetic Diamond market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global Synthetic Diamond market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China Synthetic Diamond market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global Synthetic Diamond segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Synthetic Diamond segment by type and by application and regional segment by type and by application.
(6) Global major production regions of Synthetic Diamond, capacity, production and trends.
(7) Synthetic Diamond industry supply chain, upstream, midstream and downstream analysis.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by type, covers
HPHT
CVD
Market segment by application, can be divided into
Construction Material
Machining and Cutting Tools
Diamond
Others
Market segment by players, this report covers
Element Six
Zhongnan Diamond
Huanghe Whirlwind
Diamond Foundry
Sino-Crystal Diamond
Ningbo Crysdiam Technology
IIa Technologies
Henan Liliang Diamond
ILJIN Diamond
Sumitomo Electric Industries
Shanghai Zhengshi Technology
CR GEMS
Anhui Hongjing New Materials
Henan Yalong Superhard Materials
- 1.1 Research Objective
- 1.2 Scope of the Study
- 1.3 Definition
- 1.4 Assumptions & Limitations
Chapter 2: Executive Summary
- 2.1 Market Snapshot
Chapter 3: Market Dynamics Analysis and Trends
- 3.1 Market Dynamics
- 3.1.1 Market Growth Drivers
- 3.1.2 Market Restraints
- 3.1.3 Available Market Opportunities
- 3.1.4 Influencing Trends
Chapter 4: Market Factor Analysis
- 4.1 Porter’s Five Forces Analysis
- 4.2 Bargaining power of suppliers
- 4.3 Bargaining power of buyers
- 4.4 Threat of substitute
- 4.5 Threat of new entrants
- 4.6 Porter's Five Forces Analysis
- 4.7 Value Chain Analysis
- 4.8 Market Impact Analysis
- 4.9 Regional Impact
- 4.10 Pricing Analysis
- 4.11 Import-Export Analysis
Chapter 5: Competitive Landscape
- 5.1 Company Market Share/Positioning Analysis
- 5.2 Key Strategies Adopted by Players
- 5.3 Vendor Landscape
- 5.3.1 List of Suppliers
- 5.3.2 List of Buyers
Chapter 6: Analyst Viewpoint and Conclusion
- 6.1 Recommendations and Concluding Analysis
- 6.2 Potential Market Strategies
Chapter 7: RESEARCH METHODOLOGY
- 7.1 Overview
- 7.2 Data Mining
- 7.3 Secondary Research
- 7.4 Primary Research
- 7.4.1 Primary Interviews and Information Gathering Process
- 7.4.2 Breakdown of Primary Respondents
- 7.5 Forecasting Model
- 7.6 Market Size Estimation
- 7.6.1 Bottom-Up Approach
- 7.6.2 Top-Down Approach
- 7.7 Data Triangulation
- 7.8 Validation
Table 1. Synthetic Diamond Market Size & CAGR: China VS Global, 2018-2029, US$ Million
Table 2. Synthetic Diamond Market Restraints
Table 3. Synthetic Diamond Market Trends
Table 4. Synthetic Diamond Industry Policy
Table 5. Global Synthetic Diamond Revenue by Company, 2018-2023, US$ million
Table 6. Global Synthetic Diamond Revenue Market Share by Company, 2018-2023
Table 7. Global Synthetic Diamond Sales Volume by Company, 2018-2023, (Million Carats)
Table 8. Global Synthetic Diamond Sales Volume Market Share by Company, 2018-2023
Table 9. Global Synthetic Diamond Price by Company, 2018-2023, (US$/K Carats)
Table 10. Global Synthetic Diamond Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 11. Global Synthetic Diamond Mergers & Acquisitions, Expansion Plans
Table 12. Global Synthetic Diamond Manufacturers Product Type
Table 13. China Synthetic Diamond Revenue by Company, 2018-2023, US$ million
Table 14. China Synthetic Diamond Revenue Market Share by Company, 2018-2023
Table 15. China Synthetic Diamond Sales Volume by Company, 2018-2023, (Million Carats)
Table 16. China Synthetic Diamond Sales Volume Market Share by Company, 2018-2023
Table 17. China Market, Synthetic Diamond Production, Sales, Import and Export, 2018-2029, (Million Carats)
Table 18. China Synthetic Diamond Import & Export Trends
Table 19. Main Sources of China Synthetic Diamond Import
Table 20. Export Destination of China Synthetic Diamond
Table 21. Global Headquarters and Manufacturing Base of Synthetic Diamond Manufacturers
Table 22. Global Major Manufacturers, Synthetic Diamond Capacity Expansion and Future Plans
Table 23. Global Synthetic Diamond Production & Forecast by Region, 2018 VS 2022 VS 2029, (Million Carats)
Table 24. Global Synthetic Diamond Production by Region, 2018-2023, (Million Carats)
Table 25. Global Synthetic Diamond Production Forecast by Region, 2023-2029, (Million Carats)
Table 26. Global Key Players of Synthetic Diamond Upstream (Raw Materials)
Table 27. Global Synthetic Diamond Typical Customers
Table 28. Synthetic Diamond Typical Distributors
Table 29. By Type, Global Synthetic Diamond Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 30. By Application, Global Synthetic Diamond Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 31. By Region, Global Synthetic Diamond Market Size, 2018 VS 2022 VS 2029, US$ Million
Table 32. By Region, Global Synthetic Diamond Revenue, 2018-2029, US$ Million
Table 33. By Region, Global Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Table 34. By Country, Global Synthetic Diamond Revenue & CAGR,2018 VS 2022 VS 2029, US$ Million
Table 35. By Country, Global Synthetic Diamond Revenue, 2018-2029, US$ Million
Table 36. By Country, Global Synthetic Diamond Revenue Market Share, 2018-2029
Table 37. By Country, Global Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Table 38. By Country, Global Synthetic Diamond Sales Volume Market Share, 2018-2029
Table 39. Element Six Company Information, Head Office, Market Area and Industry Position
Table 40. Element Six Synthetic Diamond Models, Specifications and Application
Table 41. Element Six Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 42. Element Six Company Profile and Main Business
Table 43. Element Six Recent Developments
Table 44. Zhongnan Diamond Company Information, Head Office, Market Area and Industry Position
Table 45. Zhongnan Diamond Synthetic Diamond Models, Specifications and Application
Table 46. Zhongnan Diamond Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 47. Zhongnan Diamond Company Profile and Main Business
Table 48. Zhongnan Diamond Recent Developments
Table 49. Huanghe Whirlwind Company Information, Head Office, Market Area and Industry Position
Table 50. Huanghe Whirlwind Synthetic Diamond Models, Specifications and Application
Table 51. Huanghe Whirlwind Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 52. Huanghe Whirlwind Company Profile and Main Business
Table 53. Huanghe Whirlwind Recent Developments
Table 54. Diamond Foundry Company Information, Head Office, Market Area and Industry Position
Table 55. Diamond Foundry Synthetic Diamond Models, Specifications and Application
Table 56. Diamond Foundry Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 57. Diamond Foundry Company Profile and Main Business
Table 58. Diamond Foundry Recent Developments
Table 59. Sino-Crystal Diamond Company Information, Head Office, Market Area and Industry Position
Table 60. Sino-Crystal Diamond Synthetic Diamond Models, Specifications and Application
Table 61. Sino-Crystal Diamond Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 62. Sino-Crystal Diamond Company Profile and Main Business
Table 63. Sino-Crystal Diamond Recent Developments
Table 64. Ningbo Crysdiam Technology Company Information, Head Office, Market Area and Industry Position
Table 65. Ningbo Crysdiam Technology Synthetic Diamond Models, Specifications and Application
Table 66. Ningbo Crysdiam Technology Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 67. Ningbo Crysdiam Technology Company Profile and Main Business
Table 68. Ningbo Crysdiam Technology Recent Developments
Table 69. IIa Technologies Company Information, Head Office, Market Area and Industry Position
Table 70. IIa Technologies Synthetic Diamond Models, Specifications and Application
Table 71. IIa Technologies Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 72. IIa Technologies Company Profile and Main Business
Table 73. IIa Technologies Recent Developments
Table 74. Henan Liliang Diamond Company Information, Head Office, Market Area and Industry Position
Table 75. Henan Liliang Diamond Synthetic Diamond Models, Specifications and Application
Table 76. Henan Liliang Diamond Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 77. Henan Liliang Diamond Company Profile and Main Business
Table 78. Henan Liliang Diamond Recent Developments
Table 79. ILJIN Diamond Company Information, Head Office, Market Area and Industry Position
Table 80. ILJIN Diamond Synthetic Diamond Models, Specifications and Application
Table 81. ILJIN Diamond Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 82. ILJIN Diamond Company Profile and Main Business
Table 83. ILJIN Diamond Recent Developments
Table 84. Sumitomo Electric Industries Company Information, Head Office, Market Area and Industry Position
Table 85. Sumitomo Electric Industries Synthetic Diamond Models, Specifications and Application
Table 86. Sumitomo Electric Industries Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 87. Sumitomo Electric Industries Company Profile and Main Business
Table 88. Sumitomo Electric Industries Recent Developments
Table 89. Shanghai Zhengshi Technology Company Information, Head Office, Market Area and Industry Position
Table 90. Shanghai Zhengshi Technology Synthetic Diamond Models, Specifications and Application
Table 91. Shanghai Zhengshi Technology Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 92. Shanghai Zhengshi Technology Company Profile and Main Business
Table 93. Shanghai Zhengshi Technology Recent Developments
Table 94. CR GEMS Company Information, Head Office, Market Area and Industry Position
Table 95. CR GEMS Synthetic Diamond Models, Specifications and Application
Table 96. CR GEMS Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 97. CR GEMS Company Profile and Main Business
Table 98. CR GEMS Recent Developments
Table 99. Anhui Hongjing New Materials Company Information, Head Office, Market Area and Industry Position
Table 100. Anhui Hongjing New Materials Synthetic Diamond Models, Specifications and Application
Table 101. Anhui Hongjing New Materials Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 102. Anhui Hongjing New Materials Company Profile and Main Business
Table 103. Anhui Hongjing New Materials Recent Developments
Table 104. Henan Yalong Superhard Materials Company Information, Head Office, Market Area and Industry Position
Table 105. Henan Yalong Superhard Materials Synthetic Diamond Models, Specifications and Application
Table 106. Henan Yalong Superhard Materials Synthetic Diamond Sales Volume (Million Carats), Revenue (US$ Million), Price (US$/K Carats) and Gross Margin, 2018-2023
Table 107. Henan Yalong Superhard Materials Company Profile and Main Business
Table 108. Henan Yalong Superhard Materials Recent Developments
List of Figure
Figure 1. Synthetic Diamond Picture
Figure 2. By Revenue, Global Synthetic Diamond Market Size and Forecast, 2018-2029, US$ Million
Figure 3. By Sales Volume, Global Synthetic Diamond Market Size and Forecast, 2018-2029, (Million Carats)
Figure 4. Global Synthetic Diamond Price Trend, 2018-2029, (US$/K Carats)
Figure 5. By Revenue, China Synthetic Diamond Market Size and Forecast, 2018-2029, US$ million
Figure 6. By Sales Volume, China Synthetic Diamond Market Size and Forecast, 2018-2029, (Million Carats)
Figure 7. China Synthetic Diamond Price Trend, 2018-2029 (US$/K Carats)
Figure 8. By Revenue, China Synthetic Diamond Share of Global Market, 2018-2029
Figure 9. By Sales Volume, China Synthetic Diamond Share of Global Market, 2018-2029
Figure 10. Global Synthetic Diamond Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 11. Global Synthetic Diamond Market Share by Company, (Tier 1, Tier 2 and Tier 3), 2022
Figure 12. China Synthetic Diamond Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 13. China Synthetic Diamond Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 14. China Synthetic Diamond Revenue, Domestic VS Import Products, Proportion of China Local Players and Foreign Players, 2018-2023
Figure 15. Chinese Local Players, Proportion of Synthetic Diamond Domestic VS Export, 2022
Figure 16. Global Synthetic Diamond Capacity, Production and Capacity Utilization, 2018-2029
Figure 17. Global Synthetic Diamond Capacity Market Share by Region, 2022 VS 2029
Figure 18. Global Synthetic Diamond Production Market Share & Forecast by Region, 2018-2029
Figure 19. Synthetic Diamond Industry Chain
Figure 20. Synthetic Diamond Procurement Model
Figure 21. Synthetic Diamond Sales Model
Figure 22. Synthetic Diamond Sales Channels, Direct Sales and Distribution
Figure 23. HPHT
Figure 24. CVD
Figure 25. By Type, Global Synthetic Diamond Revenue, 2018-2029, US$ Million
Figure 26. By Type, Global Synthetic Diamond Revenue Market Share, 2018-2029
Figure 27. By Type, Global Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 28. By Type, Global Synthetic Diamond Sales Volume Market Share, 2018-2029
Figure 29. By Type, Global Synthetic Diamond Price, 2018-2029, (US$/K Carats)
Figure 30. Construction Material
Figure 31. Machining and Cutting Tools
Figure 32. Diamond
Figure 33. Others
Figure 34. By Application, Global Synthetic Diamond Revenue, 2018-2029, US$ Million
Figure 35. By Application, Global Synthetic Diamond Revenue Market Share, 2018-2029
Figure 36. By Application, Global Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 37. By Application, Global Synthetic Diamond Sales Volume Market Share, 2018-2029
Figure 38. By Application, Global Synthetic Diamond Price, 2018-2029, (US$/K Carats)
Figure 39. By Region, Global Synthetic Diamond Revenue Market Share, 2018-2029
Figure 40. By Region, Global Synthetic Diamond Sales Volume Market Share, 2018-2029
Figure 41. North America Synthetic Diamond Revenue & Forecasts, 2018-2029, US$ Million
Figure 42. By Country, North America Synthetic Diamond Revenue Market Share, 2022
Figure 43. Europe Synthetic Diamond Revenue & Forecasts, 2018-2029, US$ Million
Figure 44. By Country, Europe Synthetic Diamond Revenue Market Share, 2022
Figure 45. Asia Pacific Synthetic Diamond Revenue & Forecasts, 2018-2029, US$ Million
Figure 46. By Country/Region, Asia Pacific Synthetic Diamond Revenue Market Share, 2022
Figure 47. South America Synthetic Diamond Revenue & Forecasts, 2018-2029, US$ Million
Figure 48. By Country, South America Synthetic Diamond Revenue Market Share, 2022
Figure 49. Middle East & Africa Synthetic Diamond Revenue & Forecasts, 2018-2029, US$ Million
Figure 50. U.S. Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 51. By Company, U.S. Synthetic Diamond Market Share, 2022
Figure 52. By Type, U.S. Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 53. By Application, U.S. Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 54. Europe Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 55. By Company, Europe Synthetic Diamond Market Share, 2022
Figure 56. By Type, Europe Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 57. By Application, Europe Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 58. China Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 59. By Company, China Synthetic Diamond Market Share, 2022
Figure 60. By Type, China Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 61. By Application, China Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 62. Japan Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 63. By Company, Japan Synthetic Diamond Market Share, 2022
Figure 64. By Type, Japan Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 65. By Application, Japan Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 66. South Korea Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 67. By Company, South Korea Synthetic Diamond Market Share, 2022
Figure 68. By Type, South Korea Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 69. By Application, South Korea Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 70. Southeast Asia Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 71. By Company, Southeast Asia Synthetic Diamond Market Share, 2022
Figure 72. By Type, Southeast Asia Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 73. By Application, Southeast Asia Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 74. India Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 75. By Company, India Synthetic Diamond Market Share, 2022
Figure 76. By Type, India Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 77. By Application, India Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 78. Middle East & Asia Synthetic Diamond Sales Volume, 2018-2029, (Million Carats)
Figure 79. By Company, Middle East & Asia Synthetic Diamond Market Share, 2022
Figure 80. By Type, Middle East & Asia Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 81. By Application, Middle East & Asia Synthetic Diamond Sales Volume Market Share, 2022 VS 2029
Figure 82. Research Methodology
Figure 83. Breakdown of Primary Interviews
Figure 84. Bottom-up Approaches
Figure 85. Top-down Approaches
Research Methodology:
Global Synthetic Diamond Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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Total Market |
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