Growing Industrial Activities to Accelerate Demand for Synthetic Diamonds, Says TMR
The top three players leading the global synthetic diamond market are ElementSix, SandvikAB, and ILJINCo. , Ltd. These companies held a dominant 75.6% in the overall market in 2014. A new research report by Transparency Market Research indicates that forward integration has helped these players maintain their winning positions. However, the future will be dictated by sound investments in research and development activities to lower manufacturing costs and enhancing the product quality.
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