LATIN AMERICA SYNTHETIC DIAMONDS MARKET 2022-2028

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The blooming mining and construction industries are anticipated to surge the market growth

SKU: TR-279-2022 Category: Tag:

Description

MARKET OUTLOOK

As per CRI’s report, the market for synthetic diamonds in Latin America is anticipated to surge at a CAGR of 7.68% throughout the forecasting period 2022-2028. The countries analyzed in this market include Brazil and Rest of Latin America.
In June 2020, Chile’s Construction Chamber (CChC) proposed a $22 billion investment plan called the Employment and Reactivation Plan to revitalize the country’s economy and create 6,00,000 jobs. One of the goals of the plan was to prioritize spending on infrastructure, housing, and alleviating the country’s water crisis. According to the International Trade Administration (ITA), public and private investment in infrastructure construction will increase in the coming years, reaching around $60 billion by 2027. The growing construction industry will demand more tools for cutting, grinding, tunneling etc., thereby driving the demand of the studied market.
The Argentine mining industry has been experiencing rapid growth fueled by the Macri administration’s pro-mining policies. The elimination of a 5% export tax on metals, the implementation of a value-added tax refund policy, and the lifting of the ban on companies sending profits overseas are some of the major steps taken by the government to drive the growth of the mining industry in the country. Synthetic diamonds are used in quarrying saws and mining drills. Therefore, the growing mining industry is anticipated to surge the development of the synthetic diamonds market. Chile and Argentina are studied under Rest of Latin America.

COMPETITIVE OUTLOOK

The prominent players in the synthetic diamonds market include Iljin Diamond Co Ltd, Element Six, Zhengzhou Sino-Crystal Diamond Co Ltd, Henan Liliang Diamond Co Ltd, Sumitomo Electric Industries Ltd, Applied Diamond Inc, and New Diamond Technology LLC.

TABLE OF CONTENTS

1. LATIN AMERICA SYNTHETIC DIAMONDS MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON THE SYNTHETIC DIAMONDS MARKET
2.2. KEY INSIGHTS
2.2.1. RISING INDUSTRIAL DEMAND FOR SYNTHETIC DIAMONDS
2.2.2. USAGE OF SYNTHETIC DIAMONDS IN MEDICAL EQUIPMENT
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. KEY BUYING IMPACT ANALYSIS
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. INDUSTRY COMPONENTS
2.8. KEY MARKET STRATEGIES
2.8.1. PRODUCT LAUNCHES
2.8.2. COLLABORATIONS
2.8.3. ACQUISITIONS
2.9. MARKET DRIVERS
2.9.1. RISING DEMAND AND LESS PRODUCTION TIME
2.9.2. CHEAPER ALTERNATIVE TO EARTH-MINED DIAMONDS
2.10. MARKET CHALLENGES
2.10.1. HIGH COST OF PROCESSING SYNTHETIC DIAMONDS
2.10.2. DWINDLING RESALE VALUE OF SYNTHETIC DIAMONDS
2.11. MARKET OPPORTUNITIES
2.11.1. EMERGING USE IN NEXT-GEN QUANTUM SENSING SYSTEMS
2.11.2. APPLICATION OF SYNTHETIC DIAMONDS IN THE DEFENSE SECTOR
3. LATIN AMERICA SYNTHETIC DIAMONDS MARKET OUTLOOK – BY COLORATION
3.1. COLORED
3.2. COLORLESS
4. LATIN AMERICA SYNTHETIC DIAMONDS MARKET OUTLOOK – BY MANUFACTURING METHOD
4.1. HIGH PRESSURE-HIGH TEMPERATURE (HPHT)
4.2. CHEMICAL VAPOR DEPOSITION (CVD)
5. LATIN AMERICA SYNTHETIC DIAMONDS MARKET OUTLOOK – BY INDUSTRY VERTICAL
5.1. CONSTRUCTION
5.2. MINING
5.3. OIL & GAS
5.4. ELECTRONICS
5.5. HEALTHCARE
5.6. JEWELRY
5.7. OTHER INDUSTRY VERTICALS
6. LATIN AMERICA SYNTHETIC DIAMONDS MARKET OUTLOOK – BY SALES CHANNEL
6.1. ONLINE SALES CHANNELS
6.2. OFFLINE SALES CHANNELS
7. LATIN AMERICA SYNTHETIC DIAMONDS MARKET – COUNTRY OUTLOOK
7.1. BRAZIL
7.2. REST OF LATIN AMERICA
8. COMPETITIVE LANDSCAPE
8.1. APPLIED DIAMOND INC
8.2. ILJIN DIAMOND CO LTD
8.3. LABGEMS
8.4. BRILLIANT EARTH LLC
8.5. ELEMENT SIX
8.6. ASAHI DIAMOND INDUSTRIAL CO LTD
8.7. NEW DIAMOND TECHNOLOGY LLC
8.8. ZHENGZHOU SINO-CRYSTAL DIAMOND CO LTD
8.9. ENGIS CORPORATION
8.10. HEYARU ENGINEERING NV
8.11. HENAN LILIANG DIAMOND CO LTD
8.12. WD LAB GROWN DIAMONDS
8.13. SOHAM INDUSTRIAL DIAMONDS
8.14. SUMITOMO ELECTRIC INDUSTRIES LTD
8.15. HENAN HUANGHE WHIRLWIND CO LTD
9. RESEARCH METHODOLOGY & SCOPE
9.1. RESEARCH SCOPE & DELIVERABLES
9.2. SOURCES OF DATA
9.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LIST OF PRODUCT LAUNCHES
TABLE 4: LIST OF COLLABORATIONS
TABLE 5: LIST OF ACQUISITIONS
TABLE 6: DIFFERENCE BETWEEN NATURAL AND SYNTHETIC DIAMONDS
TABLE 7: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY COLORATION, 2022-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY MANUFACTURING METHOD, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY INDUSTRY VERTICAL, 2022-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY SALES CHANNEL, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY BUYING IMPACT ANALYSIS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY COLORATION, 2021 & 2028 (IN %)
FIGURE 5: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY COLORED, 2022-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY COLORLESS, 2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY MANUFACTURING METHOD, 2021 & 2028 (IN %)
FIGURE 8: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY HIGH PRESSURE-HIGH TEMPERATURE (HPHT), 2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY CHEMICAL VAPOR DEPOSITION (CVD), 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY INDUSTRY VERTICAL, 2021 & 2028 (IN %)
FIGURE 11: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY CONSTRUCTION, 2022-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY MINING, 2022-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY OIL & GAS, 2022-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY ELECTRONICS, 2022-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY JEWELRY, 2022-2028 (IN $ MILLION)
FIGURE 17: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY OTHER INDUSTRY VERTICALS, 2022-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY SALES CHANNEL, 2021 & 2028 (IN %)
FIGURE 19: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY ONLINE SALES CHANNELS, 2022-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, BY OFFLINE SALES CHANNELS, 2022-2028 (IN $ MILLION)
FIGURE 21: LATIN AMERICA SYNTHETIC DIAMONDS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 22: BRAZIL SYNTHETIC DIAMONDS MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: REST OF LATIN AMERICA SYNTHETIC DIAMONDS MARKET 2022-2028 (IN $ MILLION)

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Companies Mentioned

1. APPLIED DIAMOND INC
2. ILJIN DIAMOND CO LTD
3. LABGEMS
4. BRILLIANT EARTH LLC
5. ELEMENT SIX
6. ASAHI DIAMOND INDUSTRIAL CO LTD
7. NEW DIAMOND TECHNOLOGY LLC
8. ZHENGZHOU SINO-CRYSTAL DIAMOND CO LTD
9. ENGIS CORPORATION
10. HEYARU ENGINEERING NV
11. HENAN LILIANG DIAMOND CO LTD
12. WD LAB GROWN DIAMONDS
13. SOHAM INDUSTRIAL DIAMONDS
14. SUMITOMO ELECTRIC INDUSTRIES LTD
15. HENAN HUANGHE WHIRLWIND CO LTD

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