Albany, NY -- (SBWIRE) -- 06/12/2017 -- Diamond is a highly precious material and forms naturally in the mantel of the earth. Synthetic diamonds are artificially manufactured lab-grown diamonds. They possess same chemical and optical properties and crystal structure. Synthetic diamonds are mainly produced by two processes, the high pressure and high temperature (HPHT) method and the chemical vapor deposition (CVD) method.

The global synthetic diamonds market to grow at a CAGR of 7.49% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global synthetic diamonds market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

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Technavio's report, Global Synthetic Diamonds Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Crystallume
- Element Six
- ILJIN Diamond
- NEW DIAMOND TECHNOLOGY
- Scio Diamond Technology

Other prominent vendors
- Applied Diamond
- D.NEA
- Hebei Plasma Diamond Technology
- New Age Diamonds
- Zhengzhou Sino-Crystal Diamond

Market driver
- Cost advantage of synthetic diamonds
- For a full, detailed list, view our report

Market challenge
- Complicated manufacturing process
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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