The top three players leading the global synthetic diamond market
are ElementSix, SandvikAB, and ILJINCo. , Ltd. These companies
held a dominant 75.6% in the overall market in 2014. A new research
report by Transparency Market Research indicates that forward
integration has helped these players maintain their winning
positions. However, the future will be dictated by sound investments
in research and development activities to lower manufacturing costs
and enhancing the product quality.
“Setting up manufacturing plants in developing regions of Asia
Pacific will also yield higher returns on investments,” states the
author of the research report. Tying up with research institutes to
further bring down the research and development costs will also
benefit the manufacturers of synthetic diamonds in the coming
years.synthetic-diamond-market"
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