Wednesday, May 31, 2017

Synthetic diamonds are also divided into faceted and raw

A report prepared by the consulting firm Mordor Intelligence, based in Hyderabad, India, said that the amount of synthetic diamonds of the world market in 2016 reached $ 16.83 billion and it is expected that by 2021 it will grow to $ 23.8 billion. At the same time the aggregate rate annual growth in the years 2016-2021 amount to 7.14%. "Synthetic diamond market driven to their low cost compared to conventional diamond. Another driving force is increasing demand for synthetic diamonds in various end use, since they can be modified in accordance with the requirements of the end user sectors. The main deterrent or a lack of synthetic diamond market is a complex production process ", - the report says.
There are two basic types of synthetic diamonds due to various production technologies - diamonds, obtained using high temperature and high pressure (HPHT), and diamonds produced by chemical vapor deposition (CVD). According to the report type synthetic diamonds are also divided into faceted and raw, while the product segments are classified into dust, sand, stone, bead and powder. From the viewpoint of use by end users, synthetic diamonds are divided into stones that can be used in jewelery, electronics, construction, mining industry and health care.
The report mentions some of the largest companies in the synthetic diamond market, including the Element Six, Scio Diamond Technology Corporation, AOTC, Applied Diamond Inc., D.NEA, ILJIN Diamond and Washington Diamonds Corporations.

1 comment:

Pearl Necklace said...

Sunland Minerals, a joint venture between Botswana Diamonds and ALROSA, received a new license for geological exploration under the number PL260 / 2015 from the official Gaborone.
The new license covers a plot of 25 square meters. Km in the area of ​​Orapa (Orapa) and is valid for three years, representatives of Botswana Diamonds said in a statement sent to Rough & Polished.
The company also noted that the PL260 / 2015 license also covers the territory that is a priority for the joint venture.
The license area contains three previously discovered kimberlite bodies - AK21, AK22 and AK23.
"As the geologists of the joint venture are exploring the territory, we immediately started evaluating the block to determine new anomalies and drilling targets," the company said in a statement.
"Current kimberlites are also considered in this work to ensure that they require further evaluation." Sunland recently announced the completion of a three-well drilling program on the PL 210 licensed block, also located in Orapa,
two of which crossed the anomaly.