Synthetic Diamond Market Size Forecast to Reach $22.1 Billion by 2026

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Synthetic Diamond Market - Forecast 2021 - 2026
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• Synthetic Diamond Market size is forecast to
  reach 22.1 billion by 2026, after growing at a
  CAGR of 5.2 during 2021-2026. 
• Globally, the increasing demand for synthetic
  diamond as the most common material for optical
  windows in high-power CO2 lasers and gyrotrons,
  due to its unusual combination of thermal and
  chemical stability, low thermal expansion, and
  high optical clarity over a wide spectral range,
  has raised the growth of the market.

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• Key Takeaways
• The Asia Pacific region dominated the synthetic
  diamond market due to the growing demand from
  packaging and automotive transportation
  industries, in countries such as India, Japan,
  China, and South Korea.
• Chemical inertness, anti-adhesion properties, low
  coefficient of friction, thermal conductivity,
  and improved abrasive wear resistance of
  polycrystalline diamond are expected to push up
  demand for synthetic diamond in the forecast
  period.

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By Distribution Channel- Segment
Analysis Polished diamond held the largest share
in the synthetic diamond market in 2020. Polished
diamonds are diamonds that undergo processing and
has no relation to the size, shape, or other
characteristics. After the diamond has been cut
and faceted, it is typically polished to bring
out the shine and smooth finish. If not done
correctly, polish will detract from the diamond's
radiance. Rising use of polished diamond in
jewelry, optics, medical, and for various
industrial applications, has raised the demand
for polished diamonds.
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• Synthetic Diamond Market Industry Outlook 
• Hyperion Materials Technologies
• Element Six UK Ltd
• Sumitomo Electric Industries, Ltd.
• Pure Grown Diamonds
• Applied Diamond Inc
• Scio Diamond Technology Corporation

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Synthetic Diamond Market - Forecast 2021 -
2026 Learn More About the Report _at_
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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