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The “Global Lab Grown (Synthetic) Diamonds Market Outlook 2019-2028” report has been added to ResearchAndMarkets.com’s offering.
The global lab grown (synthetic) diamonds market is anticipated to grow with a CAGR of 8.74% over the forecast period, ie, 2021 – 2028.
Factors such as the growing use of diamonds in various end-use industries for different purposes, followed by the numerous beneficial properties associated with these synthetic diamonds, are projected to drive the market growth. Moreover, factors such as the growing trade of diamonds worldwide, and the fact that synthetic diamonds can be produced more sustainably, are expected to accelerate the market growth in the coming years. The global lab grown (synthetic) diamonds market is estimated to garner a revenue of about USD 32740 Million in the year 2028, up from a revenue of close to USD 19145 Million in the year 2019.
The global lab grown (synthetic) diamonds market is segmented by numerous segments, which include segmentation by product, manufacturing process, application, and by region. By application, the market is segmented into jewelry, electronics, optics, construction, satellite, data . ..
Full story available on Benzinga.com
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