Asia-Pacific Synthetic Diamonds Market 2022-2028

The growing electronics market is anticipated to surge the demand for the studied market

MARKET OUTLOOK

As per the report by the publisher, the synthetic diamonds market in the Asia-Pacific is estimated to rise at a CAGR of 8.34% during the forecast period 2022-2028. The countries considered in the market in this region include Japan, India, China, ASEAN Countries, South Korea, Australia & New Zealand, and the Rest of Asia-Pacific.

Japan's mineral industry comprises a small coal and metals mining sector, a large industrial minerals mining sector, and a large mineral processing sector of ferrous and nonferrous metals and industrial minerals. The country is not completely reliant on foreign exports to satisfy its mineral needs, resulting in the growth of the mining industry. The growing mining sector is driving the demand for better excavation tools and equipment, driving the synthetic diamonds market.

In India, the growing electronics industry is driving the demand for synthetic diamonds due to their use as a heat sink in various products. The India Brand Equity Foundation predicts that the demand for semiconductor goods will reach $400 billion by FY 2025, making the country world's fifth-largest consumer electronics and appliances industry. Furthermore, technological transitions such as the deployment of 4G/LTE networks and the IoT are driving the adoption of electronic products. Initiatives such as Digital India and smart city projects have increased the country's demand for IoT. According to the India Electronics & Semiconductor Association, the country's semiconductor component market will be worth $32.35 billion by 2025. Thus, the aforementioned factors are anticipated to drive the demand for synthetic diamonds in the country.

COMPETITIVE OUTLOOK

Applied Diamond Inc, Labgems, Element Six, New Diamond Technology LLC, Engis Corporation, Henan Liliang Diamond Co Ltd, and Henan Huanghe Whirlwind Co Ltd are the key players in the synthetic diamonds market.

1. Asia-Pacific Synthetic Diamonds Market- Summary

2. Industry Outlook

2.1. Impact of Covid-19 on the Synthetic Diamonds Market
2.2. Key Insights
2.2.1. Rising Industrial Demand for Synthetic Diamonds
2.2.2. Usage of Synthetic Diamonds in Medical Equipment
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Key Buying Impact Analysis
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Industry Components
2.8. Key Market Strategies
2.8.1. Product Launches
2.8.2. Collaborations
2.8.3. Acquisitions
2.9. Market Drivers
2.9.1. Rising Demand and Less Production Time
2.9.2. Cheaper Alternative to Earth-Mined Diamonds
2.10. Market Challenges
2.10.1. High Cost of Processing Synthetic Diamonds
2.10.2. Dwindling Resale Value of Synthetic Diamonds
2.11. Market Opportunities
2.11.1. Emerging Use in Next-Gen Quantum Sensing Systems
2.11.2. Application of Synthetic Diamonds in the Defense Sector

3. Asia-Pacific Synthetic Diamonds Market Outlook - by Coloration

3.1. Colored
3.2. Colorless

4. Asia-Pacific Synthetic Diamonds Market Outlook - by Manufacturing Method

4.1. High Pressure-High Temperature (Hpht)
4.2. Chemical Vapor Deposition (Cvd)

5. Asia-Pacific Synthetic Diamonds Market Outlook - by Industry Vertical

5.1. Construction
5.2. Mining
5.3. Oil & Gas
5.4. Electronics
5.5. Healthcare
5.6. Jewelry
5.7. Other Industry Verticals

6. Asia-Pacific Synthetic Diamonds Market Outlook - by Sales Channel

6.1. Online Sales Channels
6.2. Offline Sales Channels

7. Asia-Pacific Synthetic Diamonds Market - Country Outlook

7.1. China
7.2. Japan
7.3. India
7.4. South Korea
7.5. Asean Countries
7.6. Australia & New Zealand
7.7. Rest of Asia-Pacific

8. Competitive Landscape

8.1. Applied Diamond Inc
8.2. Iljin Diamond Co Ltd
8.3. Labgems
8.4. Brilliant Earth LLC
8.5. Element Six
8.6. Asahi Diamond Industrial Co Ltd
8.7. New Diamond Technology LLC
8.8. Zhengzhou Sino-Crystal Diamond Co Ltd
8.9. Engis Corporation
8.10. Heyaru Engineering Nv
8.11. Henan Liliang Diamond Co Ltd
8.12. Wd Lab Grown Diamonds
8.13. Soham Industrial Diamonds
8.14. Sumitomo Electric Industries Ltd
8.15. Henan Huanghe Whirlwind Co Ltd

9. Research Methodology & Scope

9.1. Research Scope & Deliverables
9.2. Sources of Data
9.3. Research Methodology

List of Tables

Table 1: Asia-Pacific Synthetic Diamonds Market, by Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List of Product Launches
Table 4: List of Collaborations
Table 5: List of Acquisitions
Table 6: Difference Between Natural and Synthetic Diamonds
Table 7: Asia-Pacific Synthetic Diamonds Market, by Country Outlook, 2022-2028 (In $ Million)
Table 8: Asia-Pacific Synthetic Diamonds Market, by Coloration, 2022-2028 (In $ Million)
Table 9: Asia-Pacific Synthetic Diamonds Market, by Manufacturing Method, 2022-2028 (In $ Million)
Table 10: Asia-Pacific Synthetic Diamonds Market, by Industry Vertical, 2022-2028 (In $ Million)
Table 11: Asia-Pacific Synthetic Diamonds Market, by Sales Channels, 2022-2028 (In $ Million)

List of Figures

Figure 1: Key Buying Impact Analysis
Figure 2: Market Attractiveness Index
Figure 3: Industry Components
Figure 4: Asia-Pacific Synthetic Diamonds Market, by Coloration, 2021 & 2028 (In %)
Figure 5: Asia-Pacific Synthetic Diamonds Market, by Colored, 2022-2028 (In $ Million)
Figure 6: Asia-Pacific Synthetic Diamonds Market, by Colorless, 2022-2028 (In $ Million)
Figure 7: Asia-Pacific Synthetic Diamonds Market, by Manufacturing Method, 2021 & 2028 (In %)
Figure 8: Asia-Pacific Synthetic Diamonds Market, by High Pressure-High Temperature (Hpht), 2022-2028 (In $ Million)
Figure 9: Asia-Pacific Synthetic Diamonds Market, by Chemical Vapor Deposition (Cvd), 2022-2028 (In $ Million)
Figure 10: Asia-Pacific Synthetic Diamonds Market, by Industry Vertical, 2021 & 2028 (In %)
Figure 11: Asia-Pacific Synthetic Diamonds Market, by Construction, 2022-2028 (In $ Million)
Figure 12: Asia-Pacific Synthetic Diamonds Market, by Mining, 2022-2028 (In $ Million)
Figure 13: Asia-Pacific Synthetic Diamonds Market, by Oil & Gas, 2022-2028 (In $ Million)
Figure 14: Asia-Pacific Synthetic Diamonds Market, by Electronics, 2022-2028 (In $ Million)
Figure 15: Asia-Pacific Synthetic Diamonds Market, by Healthcare, 2022-2028 (In $ Million)
Figure 16: Asia-Pacific Synthetic Diamonds Market, by Jewelry, 2022-2028 (In $ Million)
Figure 17: Asia-Pacific Synthetic Diamonds Market, by Other Industry Verticals, 2022-2028 (In $ Million)
Figure 18: Asia-Pacific Synthetic Diamonds Market, by Sales Channel, 2021 & 2028 (In %)
Figure 19: Asia-Pacific Synthetic Diamonds Market, by Online Sales Channels, 2022-2028 (In $ Million)
Figure 20: Asia-Pacific Synthetic Diamonds Market, by Offline Sales Channes, 2022-2028 (In $ Million)
Figure 21: Asia-Pacific Synthetic Diamonds Market, Country Outlook, 2021 & 2028 (In %)
Figure 22: China Synthetic Diamonds Market 2022-2028 (In $ Million)
Figure 23: Japan Synthetic Diamonds Market 2022-2028 (In $ Million)
Figure 24: India Synthetic Diamonds Market 2022-2028 (In $ Million)
Figure 25: South Korea Synthetic Diamonds Market 2022-2028 (In $ Million)
Figure 26: Asean Countries Synthetic Diamonds Market 2022-2028 (In $ Million)
Figure 27: Australia & New Zealand Synthetic Diamonds Market 2022-2028 (In $ Million)
Figure 28: Rest of Asia-Pacific Synthetic Diamonds Market 2022-2028 (In $ Million)