Industrial Diamond Market — Global Industry Analysis and Forecast, 2013 — 2019

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Date Submitted: 06/27/2014 04:53 AM

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Transparency Market Research Reports included a detailed market survey and analysis trends on “Industrial Diamond Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure. Industrial diamond, one of the strongest materials available, is a diamond used for varied industrial purposes such as cutting tool. Over 80% of the global diamond consumption comprises of these industrial diamond. Industrial diamond possesses several characteristics such as high strength, wear resistance, thermal conductivity and corrosion resistance. Industrial diamond is mainly employed in the production of abrasives, medical and electronics among others. Abrasives dominate the global demand for industrial diamond and the trend is expected to continue in the near future.

Browse Full Report with TOC: http://www.transparencymarketresearch.com/industrial-diamond-market.html

Industrial diamond can be mined from its natural reserves and can also be produced synthetically. Synthetic diamonds can be modified as per the end user industries and can be produced in the desired quantity unlike natural diamonds. On account of this factor, synthetic diamond dominates the global demand for industrial diamonds and the trend is expected to continue in the near future. Exploitation of human rights during mining of natural diamond mainly in the under developed nations has led to several human rights and political issues in the industry. The issues related to natural diamonds are also among the major factors fuelling demand for synthetic diamonds.

Boart, ballas and black diamond are among the dominant naturally mined industrial diamonds. Nanodiamond is expected to be the fastest growing segment of synthetic diamonds during the forecast period. Nanodiamond is mainly employed in the production of abrasives and polishes. Other applications of nanodiamond include lubricants, polymers and biosensors among several...