The market for synthetic diamonds was estimated at USD 21.40 billion in 2021, and from 2022 to 2030, it is expected to increase at a CAGR of 6.18%. The expansion of the synthetic diamond market is anticipated to be fueled by rising disposable incomes and industrialization in the next years. As the fashion business expands, the market is anticipated to benefit from the lucrative prospects that will result. Over the future years, increased demand for super-abrasives will also fuel market expansion. The introduction of thin CVD diamond plates would further boost the market.
Synthetic Diamond are more valuable than those produced in a lab. However, unless you're spending a lot of money on a huge, high-color white diamond or a rare fancy coloured diamond, such a blue diamond, a natural diamond is usually less expensive.
Read More @ http://dailynewsmotion.weebly.com/blog/synthetic-diamonds-offer-hard-coatings-for-industrial-devices
