World industrial diamond consumption will continue to grow. Constant dollar prices for synthetic diamond products, including CVD diamond films, will decline due to more cost effective production technologies and high competition between low-cost producers in China and Russia.
Today industrial diamond is produced in 31 countries. Total industrial diamond output worldwide is estimated to be around 645 million carats. Congo (Kinshasa) is the leading producing country, followed by Australia and Russia. These 3 countries produce more than 73% of the world’s natural industrial diamond.
Diamond is best known as a gemstone, but some of its unique properties make it ideal for industrial and research applications as well. Diamond that does not meet gem-quality standards for clarity, color, shape, or size is used as an industrial-grade diamond.
Both synthetic and natural diamonds have industrial uses. Synthetic industrial diamond is superior to its natural diamond counterpart because its properties can be tailored to specific applications, moreover it can be produced in large quantities. Thus, synthetic diamond amounts 88% of the industrial diamond used in the world.
For more information on Industrial Diamond and Industrial Diamond Market Review 2009 , please visit:
http://mcgroup.co.uk/researches/I/025/Industrial%20Diamond%20Market%20Review.html
The report focuses on the study of the global industrial diamond markets and provides region analysis on industrial diamond production. It features major industrial diamond producers, prices, supply and demand conditions, international trade, etc. The report was worked out with respect to the current economic situation.
Industrial Diamond Market Review 2009 is a part of Minerals Reports Package recently completed by Merchant Research and Consulting. For more details on the Package visit:
http://mcgroup.co.uk/reportpackages/2009/01/30/Minerals%20Reports%20Package%202009.html
Merchant Research and Consulting, Ltd. is a leading market researcher with specialization in chemistry market. The company offers a range of ready-made reports as well as its specialists can prepare custom-tailored researches on a specific market and product. The Company product portfolio includes more than 10000 ready-made works on various chemicals. Besides its chemistry reports Merchant Research & Consulting Ltd. database includes a variety of researches on other markets.
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