The global monocrystalline diamond market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2030. Here’s what you need to know about the market:
Market Size:
- The global monocrystalline diamond market is expected to grow from USD 1.02 billion in 2022 to USD 2.48 billion by 2030.
- The global natural single crystal diamond market size is estimated to be valued at USD 21.40 Bn in 2021 and is expected to exhibit a CAGR of 6.18% between 2022 and 2030.
Market Growth:
- The global monocrystalline diamond powder market growth is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030.
- The rising preference for synthetic single crystal diamond over natural single crystal diamond will fuel the market expansion during the forecast timeline.
- Increasing disposable incomes and industrialization are expected to drive the synthetic diamond market growth in the coming years.
The global monocrystalline diamond market is expected to grow significantly between 2022 and 2030. The market growth is anticipated to rise at a considerable rate during the forecast period, with the rising preference for synthetic single crystal diamond over natural single crystal diamond fueling the market expansion. Increasing disposable incomes and industrialization are also expected to drive the synthetic diamond market growth in the coming years