Diamond Powder Market

Global Diamond Powder Market By Product Sizes (Less than 500, 501 to 1000, and Above 1000 mesh), By Synthesis (Synthetic, Natural), By Applications (Lapping & Polishing, Sawing, Cutting & Grinding, Electroplating, Drilling, Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)

  • Report ID: MC-2485
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 158
  • Format:
  • Pub. Date: 12-02-2021
  • Share:

Market Outlook:

The global Diamond Powder market was valued at USD 262.7 Million in 2020 and is projected to reach USD 375.4 Million by 2028, expanding at a CAGR of 4.8% during the forecast period. Diamond powder has high internal strength and toughness and is used in a number of applications such as polishing and lapping of tough and hard materials. Diamond powder is used in grinding wheels in aerospace and automotive industries, saw blades for cutting concrete and stone, exploration of oil and gas, and in drill bits for mining.

Diamond Powder Market key takeaways

Diamond powder used for industrial purposes is chosen on the basis of resistibility towards corrosion and heat, thermal conductivity, and strength. Diamond powder is utilized for acquiring precision and high surface finish. Industrial applications of diamond powder include diamond dressing tools and polishing of precious stones such as diamond, zircon, and emerald.

Mesh diamonds are thick diamond crystals and are used in several applications that involve aggressive coarse action. They are available in a wide range of grades that define toughness, shape, and crumbliness of crystals. They are expected to hold a considerable share of the market, as they are ideally used in applications such as fireproofing. It acts as a barrier between the structural supports of commercial or residential buildings and flammable materials, thereby reducing the risk of spread of fire or damage.

Polycrystalline micron diamond powder is a synthesized diamond powder and is widely used in multiple applications for aerospace and electronics. For instance, it is used in manufacturing laser crystals, semiconductor wafers, and HDD components.

Market Dynamics

Increasing Usage of Diamond Powder in Various Industries

Diamond powder showcased its emergence in a large number of industries such as electronic industry, automotive industry, and aerospace industry. Diamond powder is used in skin care products for exfoliation for removal of cellulite and reduction of wrinkles. Diamond particles display spectral identifiers when present in trace amounts. Based on this property, the pharmaceutical industry began R&D process to add diamond powder in less concentrations to drug formulations. The diamond powder market is driven by high usage of diamond powder in drill bits for the mining industry.

Polishing of Diamond Powder on Tools

Development in nano-technology and industrial techniques increased the demand for precision tools. Diamond powder is widely used in fabrication industries for manufacturing tools, precision machinery, and coating developed tools. Increasing demand for polishing and lapping hard metals, abrasives, and dressing tools in production units is anticipated to drive the diamond powder market.

Strict government policies

Governments of various countries focus on the health of employees and people living near manufacturing units of diamond powder. Health complications of people working in diamond powder manufacturing units includes factors such as inhalation of diamond powder, which leads to respiratory irritation. Therefore, governments have amended regulations for safety of workers. Mining of natural diamond and diamond powder results in deforestation. Hence, governments of different countries promote funds and schemes for diamond powder, which is manufactured in laboratories.

Technological Advancements in lab-created diamond powder

Technological innovations help reduce waste levels, improve responsiveness to industrial demands, result into fast turnaround times, and enhance product quality, while streamlining relationships with suppliers and customers. Players are investing in the research and development process, considering raw materials, temperature, and pressure. This is expected to create opportunities for the global diamond powder market.

Segmental Outlook

On the basis of Product Size, the global diamond powder market is segmented into less than 500 Product Size, 501 to 1000 mesh size, and above 1000 mesh size. The less than 500 mesh size segment is considered to grow at a rapid pace, owing to its applications in polishing of hard materials.

Diamond Powder Market by product size

Based on synthesis, the market is bifurcated into synthetic and natural. Furthermore, the synthetic segment is bifurcated into polycrystalline and monocrystalline. The synthetic segment is anticipated to hold a substantial share of the market during the forecast period, owing to its environmental-friendly property.

Diamond Powder Market by size

In terms of applications, the market is classified into lapping and polishing, sawing, cutting and grinding, electroplating, drilling, and others. The drilling segment is expected to hold a considerable share of the market, owing to hard surface applications of drills, such as tiles and stones.

Regional Outlook

On the basis of region, the market is segmented into five major regions namely North America, Europe, Asia Pacific, Latin America and Middle East and Africa.

North America is anticipated to hold a substantial share owing to the emergence of key players. Asia Pacific is considered as the promising region owing to the technological advancements in research and development activities.

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Diamond Powder Market
  • Historical, Current and Projected Market Size in terms of Value.
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Diamond Powder Market Performance

Segments

Key Segments Covered

By Product Size

  • Less than 500
  • 501 to 1000
  • Above 1000 mesh

By Synthesis

  • Synthetic
    • Polycrystalline
    • Monocrystalline
  • Natural

By Applications

  • Lapping & Polishing
  • Sawing, Cutting & Grinding
  • Electroplating
  • Drilling
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • Dev Group.
  • Lapmaster Wolters
  • Engis Corporation
  • HENAN HOLD DIAMOND TECH COMPANY
  • Element Six UK Ltd
  • ASAHI DIAMOND INDUSTRIAL AUSTRALIA PTY LIMITED
  • Hyperion Materials & Technologies
  • ILJIN DIAMOND CO., LTD.
  • Shannon Abrasives
  • Zhecheng Hongxiang Superhard Material Co., Ltd
  • Tomei Diamond Co. Ltd.

Competitive Landscape

  • Top players in the market include ILJIN DIAMOND CO., LTD., Element Six UK Ltd, Hyperion Materials & Technologies, Zhecheng Hongxiang Superhard Material Co., Ltd, Engis Corporation, Dev Group. These companies are considered as key manufacturers of diamond powder based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Diamond Powder market.
Diamond Powder Market by key players
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Diamond Powder Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Diamond Powder Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Diamond Powder Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Diamond Powder Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Diamond Powder Market Size & Forecast, 2018-2028
      4.5.1 Diamond Powder Market Size and Y-o-Y Growth
      4.5.2 Diamond Powder Market Absolute $ Opportunity
   4.6 Nano Powder: Industry Overview
   4.7 Manufacturing Process of Diamond Powder
Chapter 5 Global Diamond Powder Market Analysis and Forecast Product Sizes
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities Product Sizes
      5.1.2 Basis Point Share (BPS) Analysis Product Sizes
      5.1.3 Absolute $ Opportunity Assessment Product Sizes
   5.2 Diamond Powder Market Size Forecast Product Sizes
      5.2.1 Less than 500 Mesh
      5.2.2 501 to 1000 Mesh
      5.2.3 Above 1000 Mesh
   5.3 Market Attractiveness Analysis Product Sizes
Chapter 6 Global Diamond Powder Market Analysis and Forecast Synthesis/Process
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities Synthesis/Process
      6.1.2 Basis Point Share (BPS) Analysis Synthesis/Process
      6.1.3 Absolute $ Opportunity Assessment Synthesis/Process
   6.2 Diamond Powder Market Size Forecast Synthesis/Process
      6.2.1 Synthetic
         6.2.1.1 Polycrystalline
         6.2.1.2 Monocrystalline
      6.2.2 Natural
   6.3 Market Attractiveness Analysis Synthesis/Process
Chapter 7 Global Diamond Powder Market Analysis and Forecast Applications
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities Applications
      7.1.2 Basis Point Share (BPS) Analysis Applications
      7.1.3 Absolute $ Opportunity Assessment Applications
   7.2 Diamond Powder Market Size Forecast Applications
      7.2.1 Lapping & Polishing
      7.2.2 Sawing Cutting & Grinding
      7.2.3 Electroplating
      7.2.4 Drilling
      7.2.5 Others
   7.3 Market Attractiveness Analysis Applications
Chapter 8 Global Diamond Powder Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Diamond Powder Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Diamond Powder Analysis and Forecast
   10.1 Introduction
   10.2 North America Diamond Powder Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Diamond Powder Market Size Forecast Product Sizes
      10.6.1 Less than 500 Mesh
      10.6.2 501 to 1000 Mesh
      10.6.3 Above 1000 Mesh
   10.7 Basis Point Share (BPS) Analysis Product Sizes
   10.8 Absolute $ Opportunity Assessment Product Sizes
   10.9 Market Attractiveness Analysis Product Sizes
   10.10 North America Diamond Powder Market Size Forecast Synthesis/Process
      10.10.1 Synthetic
         10.10.1.1 Polycrystalline
         10.10.1.2 Monocrystalline
      10.10.2 Natural
   10.11 Basis Point Share (BPS) Analysis Synthesis/Process
   10.12 Absolute $ Opportunity Assessment Synthesis/Process
   10.13 Market Attractiveness Analysis Synthesis/Process
   10.14 North America Diamond Powder Market Size Forecast Applications
      10.14.1 Lapping & Polishing
      10.14.2 Sawing Cutting & Grinding
      10.14.3 Electroplating
      10.14.4 Drilling
      10.14.5 Others
   10.15 Basis Point Share (BPS) Analysis Applications
   10.16 Absolute $ Opportunity Assessment Applications
   10.17 Market Attractiveness Analysis Applications
Chapter 11 Europe Diamond Powder Analysis and Forecast
   11.1 Introduction
   11.2 Europe Diamond Powder Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Diamond Powder Market Size Forecast Product Sizes
      11.6.1 Less than 500 Mesh
      11.6.2 501 to 1000 Mesh
      11.6.3 Above 1000 Mesh
   11.7 Basis Point Share (BPS) Analysis Product Sizes
   11.8 Absolute $ Opportunity Assessment Product Sizes
   11.9 Market Attractiveness Analysis Product Sizes
   11.10 Europe Diamond Powder Market Size Forecast Synthesis/Process
      11.10.1 Synthetic
         11.10.1.1 Polycrystalline
         11.10.1.2 Monocrystalline
      11.10.2 Natural
   11.11 Basis Point Share (BPS) Analysis Synthesis/Process
   11.12 Absolute $ Opportunity Assessment Synthesis/Process
   11.13 Market Attractiveness Analysis Synthesis/Process
   11.14 Europe Diamond Powder Market Size Forecast Applications
      11.14.1 Lapping & Polishing
      11.14.2 Sawing Cutting & Grinding
      11.14.3 Electroplating
      11.14.4 Drilling
      11.14.5 Others
   11.15 Basis Point Share (BPS) Analysis Applications
   11.16 Absolute $ Opportunity Assessment Applications
   11.17 Market Attractiveness Analysis Applications
Chapter 12 Asia Pacific Diamond Powder Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Diamond Powder Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Diamond Powder Market Size Forecast Product Sizes
      12.6.1 Less than 500 Mesh
      12.6.2 501 to 1000 Mesh
      12.6.3 Above 1000 Mesh
   12.7 Basis Point Share (BPS) Analysis Product Sizes
   12.8 Absolute $ Opportunity Assessment Product Sizes
   12.9 Market Attractiveness Analysis Product Sizes
   12.10 Asia Pacific Diamond Powder Market Size Forecast Synthesis/Process
      12.10.1 Synthetic
         12.10.1.1 Polycrystalline
         12.10.1.2 Monocrystalline
      12.10.2 Natural
   12.11 Basis Point Share (BPS) Analysis Synthesis/Process
   12.12 Absolute $ Opportunity Assessment Synthesis/Process
   12.13 Market Attractiveness Analysis Synthesis/Process
   12.14 Asia Pacific Diamond Powder Market Size Forecast Applications
      12.14.1 Lapping & Polishing
      12.14.2 Sawing Cutting & Grinding
      12.14.3 Electroplating
      12.14.4 Drilling
      12.14.5 Others
   12.15 Basis Point Share (BPS) Analysis Applications
   12.16 Absolute $ Opportunity Assessment Applications
   12.17 Market Attractiveness Analysis Applications
Chapter 13 Latin America Diamond Powder Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Diamond Powder Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Diamond Powder Market Size Forecast Product Sizes
      13.6.1 Less than 500 Mesh
      13.6.2 501 to 1000 Mesh
      13.6.3 Above 1000 Mesh
   13.7 Basis Point Share (BPS) Analysis Product Sizes
   13.8 Absolute $ Opportunity Assessment Product Sizes
   13.9 Market Attractiveness Analysis Product Sizes
   13.10 Latin America Diamond Powder Market Size Forecast Synthesis/Process
      13.10.1 Synthetic
         13.10.1.1 Polycrystalline
         13.10.1.2 Monocrystalline
      13.10.2 Natural
   13.11 Basis Point Share (BPS) Analysis Synthesis/Process
   13.12 Absolute $ Opportunity Assessment Synthesis/Process
   13.13 Market Attractiveness Analysis Synthesis/Process
   13.14 Latin America Diamond Powder Market Size Forecast Applications
      13.14.1 Lapping & Polishing
      13.14.2 Sawing Cutting & Grinding
      13.14.3 Electroplating
      13.14.4 Drilling
      13.14.5 Others
   13.15 Basis Point Share (BPS) Analysis Applications
   13.16 Absolute $ Opportunity Assessment Applications
   13.17 Market Attractiveness Analysis Applications
Chapter 14 Middle East & Africa (MEA) Diamond Powder Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Diamond Powder Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Diamond Powder Market Size Forecast Product Sizes
      14.6.1 Less than 500 Mesh
      14.6.2 501 to 1000 Mesh
      14.6.3 Above 1000 Mesh
   14.7 Basis Point Share (BPS) Analysis Product Sizes
   14.8 Absolute $ Opportunity Assessment Product Sizes
   14.9 Market Attractiveness Analysis Product Sizes
   14.10 Middle East & Africa (MEA) Diamond Powder Market Size Forecast Synthesis/Process
      14.10.1 Synthetic
         14.10.1.1 Polycrystalline
         14.10.1.2 Monocrystalline
      14.10.2 Natural
   14.11 Basis Point Share (BPS) Analysis Synthesis/Process
   14.12 Absolute $ Opportunity Assessment Synthesis/Process
   14.13 Market Attractiveness Analysis Synthesis/Process
   14.14 Middle East & Africa (MEA) Diamond Powder Market Size Forecast Applications
      14.14.1 Lapping & Polishing
      14.14.2 Sawing Cutting & Grinding
      14.14.3 Electroplating
      14.14.4 Drilling
      14.14.5 Others
   14.15 Basis Point Share (BPS) Analysis Applications
   14.16 Absolute $ Opportunity Assessment Applications
   14.17 Market Attractiveness Analysis Applications

Chapter 15 Competition Landscape
   15.1 Diamond Powder Market: Competitive Dashboard
   15.2 Global Diamond Powder Market: Market Share Analysis, 2020
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Dev Group.
      15.3.2 Lapmaster Wolters
      15.3.3 Engis Corporation
      15.3.4 HENAN HOLD DIAMOND TECH COMPANY
      15.3.5 Element Six UK Ltd
      15.3.6 ASAHI DIAMOND INDUSTRIAL AUSTRALIA PTY LIMITED
      15.3.7 Hyperion Materials & Technologies
      15.3.8 ILJIN DIAMOND CO., LTD.
      15.3.9 Shannon Abrasives
      15.3.10 Zhecheng Hongxiang Superhard Material Co., Ltd
      15.3.11 Tomei Diamond Co. Ltd.

Key Segments Covered

By Product Size

  • Less than 500
  • 501 to 1000
  • Above 1000 mesh

By Synthesis

  • Synthetic
    • Polycrystalline
    • Monocrystalline
  • Natural

By Applications

  • Lapping & Polishing
  • Sawing, Cutting & Grinding
  • Electroplating
  • Drilling
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

  • Dev Group.
  • Lapmaster Wolters
  • Engis Corporation
  • HENAN HOLD DIAMOND TECH COMPANY
  • Element Six UK Ltd
  • ASAHI DIAMOND INDUSTRIAL AUSTRALIA PTY LIMITED
  • Hyperion Materials & Technologies
  • ILJIN DIAMOND CO., LTD.
  • Shannon Abrasives
  • Zhecheng Hongxiang Superhard Material Co., Ltd
  • Tomei Diamond Co. Ltd.
  • Top players in the market include ILJIN DIAMOND CO., LTD., Element Six UK Ltd, Hyperion Materials & Technologies, Zhecheng Hongxiang Superhard Material Co., Ltd, Engis Corporation, Dev Group. These companies are considered as key manufacturers of diamond powder based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Diamond Powder market.
Diamond Powder Market by key players

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request

According to this Growth Market Reports report, the Diamond Powder market is likely to register a CAGR of 4.8% during forecast period 2020-2028, with an anticipated valuation of USD 375.4 million by the end of the 2028.

In addition to market size (in US$ Million), Company Market Share (in % for base year 2020), pricing analysis, production process outlook, and regulatory landscape.

Increasing Usage of Diamond Powder in Various Industries, Polishing of Diamond Powder on Tools, Increasing Usage of Abrasives, Increasing Demand for Synthetic Diamond Powder fuels demand are the factors expected to drive the market growth during forecast period.

Electronics industry, automotive industry, aerospace, pharmaceutical industry, cosmetics, and others are the major end-user of the Diamond Powder.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The market is expected to slight decrease in growth between 2019 and 2020 owing to the COVID 19 pandemic on the Diamond Powder market.

The base year considered for the global Diamond Powder market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018, and 2019 are the historic years, and the forecast is provided from 2021 to 2028.

Factors such as Diamond Industry, Abrasive Market, GDP, Political Scenario, and Mining Industry are analyzed in the final report.

Major manufacturers include, Dev Group., Lapmaster Wolters, Engis Corporation, HENAN HOLD DIAMOND TECH COMPANY, Element Six UK Ltd, ASAHI DIAMOND INDUSTRIAL AUSTRALIA PTY LIMITED, Hyperion Materials & Technologies, ILJIN DIAMOND CO., LTD., Shannon Abrasives, Zhecheng Hongxiang Superhard Material Co., Ltd, Tomei Diamond Co. Ltd. and others.