Synthetic Diamond Market Size, Share, Industry Analysis by 2024

The Global Synthetic Diamond Marketa is valued at US$ 17,032.9 Million in 2016 and is expected to grow up to US$ 27,518.8 Million by 2024 at a CAGR of 6.2% during the forecast period. Synthetic diamonds are made of the same material as natural diamonds which is pure carbon. As synthetic diamonds are synthesized artificially in uniform conditions, they are nearly identical. These are manufactured by High-pressure High-temperature (HPHT) and Chemical Vapour Deposition (CVD) processes.

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