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2025 Industrial Diamond Market Insights: Analyzing Size, Share & Growth Potential

22 May, 2025

The Industrial Diamond Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Industrial Diamond Market?

The historical growth trend in the Industrial Diamond market shows a stable increase, with the market size projected to rise from $2.12 billion in 2024 to $2.18 billion in 2025. This growth sees a Compound Annual Growth Rate (CAGR) of 2.8%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Industrial Diamond Industry?

The Industrial Diamond market is projected to reach a size of $2.64 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.9%.

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What are the Key Growth Drivers Fueling the Industrial Diamond Market?

The key drivers in the industrial diamond market are:

• Rising demand for diamonds in the electronics sector
• Advances in additive manufacturing technology
• Expansion of the renewable energy sector
• Increase in medical and healthcare applications

Global Market Segmentation: Identifying Major Industrial Diamond Industry Segments

The industrial diamond market covered in this report is segmented –
1) By Type: Natural, Synthetic
2) By Application: Semiconductor, Aerospace, Aviation Industry, Other Applications
3) By End-User: Construction, Mining Services, Stone Cutting Or Polishing, Machinery Manufacturing, Transportation Systems, Other End Users

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What are the Emerging Trends Shaping the Future of the Industrial Diamond Market?

The key trends in the industrial diamond market are:

• Lab-grown diamond technology is trending in the market.
• high-performance applications of industrial diamonds are emerging.
• The focus on efficiency and precision in diamond processing is a significant trend.
• Technological innovations in diamond processing are shaping the future of the market.

Who Are the Top Competitors & Leading Players in the Industrial Diamond Market?

Major companies in the industrial diamond market are:

• ALROSA PJSC
• Applied DiamondX Inc.
• De Beers Inc.
• Industrial Abrasives Ltd.
• 3M COMPANY
• Toolgal Industrial Diamonds Ltd.
• Scio Diamond Technology Corporation
• Hebei Plasma Diamond Technology Co. Ltd.
• Advanced Diamond Technologies Inc.
• Iljin Diamond Co. Ltd.
• Element Six UK Ltd.
• Sumitomo Electric Industries Ltd.
• Henan Huanghe Whirlwind Co. Ltd.
• Zhongnan Diamond Co. Ltd.
• Zhengzhou Sino-Crystal Diamond Co. Ltd.
• Synthetic Diamond Company List Adamas One Corp.
• New Diamond Technology
• Pure Grown Diamonds
• Swarovski AG
• Sandvik AB
• SainT-Gobain S.A
• Asahi Diamond Industrial Co. Ltd.
• Morgan Technical Ceramics

Regional Dominance: Which Area Leads the Global Template Market?

Asia-Pacific was the largest region in the industrial diamond market share in 2024

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