MarketResearch.biz announced the release of its recently generated research report titled "Global CVD diamond market by product type (polished and blank), technology type (hot filament, microwave plasma and arc spray torch), application, and region—— Global forecast to 2027.” It provides a holistic view of the global CVD diamond market through systematic segmentation covering all aspects of the target market. Cumulative revenue for the first five years (2018-2022) is expected to exceed US$50 billion, and is expected to increase substantially in the latter part of the five-year forecast period.
Introduction: CVD diamonds are synthetic diamonds produced by chemical vapor deposition technology, that is, diamonds are grown from hydrocarbon gas mixtures. CVD diamonds, also known as laboratory-made diamonds, are produced synthetically compared to real or natural diamonds produced through physical processes.
Global CVD diamond market: Dynamics. The key factor predicting the growth of the global CVD diamond market is the increasing number of applications in the electronic field, such as many different electronic devices, in doped or undoped forms. These include field effect transistors (FET) and metal oxide semiconductor (MOS) transistors, negative electron affinity devices used as electron field emitters, nuclear radiation detectors, and ultraviolet solar blind detectors. In addition, CVD diamond is an effective heat sink due to its high thermal conductivity, which also enables semiconductors to be used in electronic devices such as notebook computers, computers, and mobile phones. As a result, the demand for CVD diamonds has increased, which is expected to support market growth.
Advances related to CVD diamond surface connectivity have led to many application-driven work, mainly focused on planar structures such as Schottky contacts and metal semiconductor field effect transistors. Compared with the HPHT method, the pressure required to produce synthetic diamonds is lower, but the manufacturing process of CVD diamonds is still quite complicated.
A recent trend observed in the global CVD diamond market is that consumers have increased preference for polished diamonds or CVD diamonds because they are available in different sizes and colors and are more cost-effective than natural diamonds. Polished diamonds are used as gemstones in jewelry and come in a variety of colors, including red, yellow, purple, blue, pink, green, and colorless. The cost may vary depending on the cut, clarity, color, and carat of the diamond. Polished diamonds are commonly used in rings, necklaces, earrings, bracelets and bracelets, and pendants
Global CVD diamond market: Comprehensive market forecast research report includes a complete forecast of the global CVD diamond market based on factors affecting the market and their impact in the foreseeable future. According to forecasts, during the forecast period, the revenue of the global CVD diamond market is expected to grow at a compound annual growth rate of 8.0%.
Global CVD Diamond Market: The Segmented Snapshot Market Report has been segmented according to product type, technology type, application and region. The product type part includes polished and rough. Technology types include hot wire, microwave plasma and arc spray torches. Application areas include machinery, heat, electrochemistry, gems, etc. The regions covered by the analysis include North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
By product type: Compared with other product types, the rough product type part is expected to account for the highest revenue share, and the compound annual growth rate between 2018 and 2027 is expected to exceed 8%
By technology type: Compared with other technology types, the microwave plasma segment is estimated to have the highest revenue share, with a compound annual growth rate of over 8.1% during the forecast period
By application: Compared with other application fields, the electromechanical field is expected to account for the highest revenue share contribution, and the compound annual growth rate from 2018 to 2027 is expected to exceed 8.2%
By region: The Asia-Pacific market accounted for the highest revenue share of the global CVD diamond market in 2017, and it is expected that the compound annual growth rate from 2018 to 2027 will exceed 8%
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Global CVD Diamond Market: Competitive Analysis The Global CVD Diamond Market Research Report includes profiles of some major companies, such as Scio Diamond Technology Corp., Excellent Diamond Product (EDP) Corp., Diamond Materials GmbH, UniDiamond Superabrasives Anglo American plc (Element Six), Delaware Diamond Knives, Inc., Sumitomo Electric Industries, Ltd., DIDCO, INC., Henan Yellow River Cyclone Co., Ltd., Advanced Diamond Technologies, Inc., sp3 Diamond Technologies, Inc., Hebei Plasma Diamond Technology Co., Ltd., Morgan Advanced Materials Co., Ltd. and Beijing Wodia Diamond Tools Co., Ltd.
The "Global CVD Diamond Market: Global Industry, Scale, Share, Growth, Trends and Forecasts, 2017-2027" report is prepared based on in-depth market analysis and input from industry experts. This report covers the current status and growth prospects of the global CVD diamond market from 2017 to 2028.
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