Global Synthetic Diamond Grit Market Size is expected to reach USD 4.4 Billion by 2035 from USD 1.63 Billion in 2024, with a CAGR of around 9.42% between 2024 and 2035. High demand from construction and stone processing industries is the primary factor driving the Synthetic Diamond Grit Market around the globe. Global Synthetic Diamond Grit Market Report is a comprehensive market study offering deep insights into the regional and global aspects of the industry. The Synthetic Diamond Grit report also provides valuable information on key driving and restraining factors, along with future trends on each and every segment mentioned in the report that impact the overall market direction. In addition to this, it enables stakeholders to formulate effective strategies for sustainable growth by prioritizing a detailed competitive landscape, including market share and business analyses.
Key Takeaways:
- Asia-Pacific holds major market share of around 48.3% in the global Synthetic Diamond Grit market, valued at USD 0.8 Billion in 2024.
- China accounts for 72.5% of the Asia-Pacific Synthetic Diamond Grit market, valued at USD 0.6 Billion in 2024.
- Highest Share holds major market share of around 59.7% in the Type segment of the global Synthetic Diamond Grit market, valued at USD 1.0 Billion in 2024.
- Highest Share holds major market share of around 52.4% in the Grit Size segment of the global Synthetic Diamond Grit market, valued at USD 0.9 Billion in 2024.
- Highest Share holds major market share of around 38.6% in the Application segment of the global Synthetic Diamond Grit market, valued at USD 0.6 Billion in 2024.
The global Synthetic Diamond Grit market report goes beyond its standard market analysis to include a detailed analysis of global events such as the Russia-Ukraine war and its potential impact on the industry. This holistic approach represents the report's commitment to offering a detailed knowledge of market dynamics shaped by both industry-specific and broader geopolitical variables. In a nutshell, the Global Synthetic Diamond Grit Market Report is a significant tool for industry players, investors, and policymakers to traverse the complexities of the Synthetic Diamond Grit market. By providing a forward-looking perspective on market trends and acknowledging the interconnection of global events, the study ensures that stakeholders are prepared and well-informed to make strategic investments and decisions in an ever-changing business landscape.
The report provides the complete study of the Global Synthetic Diamond Grit Market considering the approaches used by major market players. It provides revenue and market share of leading players operating in the global market space. There are some specific strategies used to safeguard their space in market and enduring the growth of business that are also covered in the report. The report is also covering the details on market acquisitions, mergers and significant trends are influencing the growth of the market in the coming years.
Synthetic Diamond Grit Market Report Scope
| Report Attribute | Details |
|---|
| Market Size Value in 2024 | USD 1.63 Billion |
| Revenue Forecast in 2035 | USD 4.4 Billion |
| Growth Rate | CAGR of 9.42% from 2025 to 2035 |
| Historic Period | 2021 - 2024 |
| Forecasted Period | 2025 - 2035 |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Regions Covered | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Countries Covered | U.S.; Canada; Mexico, UK; Germany; France; Spain; Italy; Russia; China; Japan; India; South Korea; Australia; Southeast Asia; Brazil; Argentina; Saudi Arabia; UAE; South Africa |
| Key companies profiled | Element Six; ILJIN Diamond Co., Ltd.; Zhongnan Diamond Co., Ltd.; Zhengzhou Sino-Crystal Diamond Co., Ltd.; Huanghe Whirlwind Co., Ltd.; JSC Kristall Production Corporation; Sandvik AB; Henan Yalong Superhard Materials Co., Ltd.; CR GEMS Co., Ltd.; Applied Diamond Inc.; Scio Diamond Technology Corporation; New Diamond Technology LLC; Hebei Plasma Diamond Technology Co., Ltd.; Sumitomo Electric Industries, Ltd.; Diamond Abrasives Corporation |
| Customization | Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
The Global Synthetic Diamond Grit Market report is segmented as follows:
By Type,
- Polycrystalline Diamond (PCD) Grit
- Monocrystalline Diamond Grit
By Grit Size,
By Application,
- Abrasives & Grinding
- Machining & Cutting Tools
- Drilling & Mining
- Stone Processing
- Others
By Region,
- North America
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East and Africa
Key Market Players,
- Element Six
- ILJIN Diamond Co., Ltd.
- Zhongnan Diamond Co., Ltd.
- Zhengzhou Sino-Crystal Diamond Co., Ltd.
- Huanghe Whirlwind Co., Ltd.
- JSC Kristall Production Corporation
- Sandvik AB
- Henan Yalong Superhard Materials Co., Ltd.
- CR GEMS Co., Ltd.
- Applied Diamond Inc.
- Scio Diamond Technology Corporation
- New Diamond Technology LLC
- Hebei Plasma Diamond Technology Co., Ltd.
- Sumitomo Electric Industries, Ltd.
- Diamond Abrasives Corporation
Frequently Asked Questions
The Global Synthetic Diamond Grit Market Size is expected to reach USD 4.4 Billion by 2035 from USD 1.63 Billion in 2024.
The Global Synthetic Diamond Grit Market is expected to grow at a compounded annual growth rate of 9.42% between 2024 and 2035.
Asia-Pacific holds the largest market share of 48.3% in the global Synthetic Diamond Grit market.
Key players analyzed in the global Synthetic Diamond Grit market are Element Six; ILJIN Diamond Co., Ltd.; Zhongnan Diamond Co., Ltd.; Zhengzhou Sino-Crystal Diamond Co., Ltd.; Huanghe Whirlwind Co., Ltd.; JSC Kristall Production Corporation; Sandvik AB; Henan Yalong Superhard Materials Co., Ltd.; CR GEMS Co., Ltd.; Applied Diamond Inc.; Scio Diamond Technology Corporation; New Diamond Technology LLC; Hebei Plasma Diamond Technology Co., Ltd.; Sumitomo Electric Industries, Ltd.; Diamond Abrasives Corporation.
Research Objectives
- Proliferation and maturation of trade in the global Synthetic Diamond Grit.
- The market share of the global Synthetic Diamond Grit, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Synthetic Diamond Grit.
- Feasibility study, new market insights, company profiles, investment return, market size of the global Synthetic Diamond Grit.
Chapter 1 Synthetic Diamond Grit Market Executive Summary
- 1.1 Synthetic Diamond Grit Market Research Scope
- 1.2 Synthetic Diamond Grit Market Estimates and Forecast (2021-2035)
- 1.2.1 Global Synthetic Diamond Grit Market Value and Growth Rate (2021-2035)
- 1.2.2 Global Synthetic Diamond Grit Market Price Trend (2021-2035)
- 1.3 Global Synthetic Diamond Grit Market Value Comparison, by Type (2021-2035)
- 1.3.1 Polycrystalline Diamond (PCD) Grit
- 1.3.2 Monocrystalline Diamond Grit
- 1.4 Global Synthetic Diamond Grit Market Value Comparison, by Grit Size (2021-2035)
- 1.4.1 Fine
- 1.4.2 Coarse
- 1.4.3 Others
- 1.5 Global Synthetic Diamond Grit Market Value Comparison, by Application (2021-2035)
- 1.5.1 Abrasives & Grinding
- 1.5.2 Machining & Cutting Tools
- 1.5.3 Drilling & Mining
- 1.5.4 Stone Processing
- 1.5.5 Others
Chapter 2 Research Methodology
- 2.1 Introduction
- 2.2 Data Capture Sources
- 2.2.1 Primary Sources
- 2.2.2 Secondary Sources
- 2.3 Market Size Estimation
- 2.4 Market Forecast
- 2.5 Assumptions and Limitations
Chapter 3 Market Dynamics
- 3.1 Market Trends
- 3.2 Opportunities and Drivers
- 3.3 Challenges
- 3.4 Market Restraints
- 3.5 Porter's Five Forces Analysis
Chapter 4 Supply Chain Analysis and Marketing Channels
- 4.1 Synthetic Diamond Grit Supply Chain Analysis
- 4.2 Marketing Channels
- 4.3 Synthetic Diamond Grit Suppliers List
- 4.4 Synthetic Diamond Grit Distributors List
- 4.5 Synthetic Diamond Grit Customers
Chapter 5 COVID-19 & Russia–Ukraine War Impact Analysis
- 5.1 COVID-19 Impact Analysis on Synthetic Diamond Grit Market
- 5.2 Russia-Ukraine War Impact Analysis on Synthetic Diamond Grit Market
Chapter 6 Synthetic Diamond Grit Market Estimate and Forecast by Region
- 6.1 Global Synthetic Diamond Grit Market Value by Region: 2021 VS 2023 VS 2035
- 6.2 Global Synthetic Diamond Grit Market Scenario by Region (2021-2023)
- 6.2.1 Global Synthetic Diamond Grit Market Value Share by Region (2021-2023)
- 6.3 Global Synthetic Diamond Grit Market Forecast by Region (2024-2035)
- 6.3.1 Global Synthetic Diamond Grit Market Value Forecast by Region (2024-2035)
- 6.4 Geographic Market Analysis: Market Facts and Figures
Chapter 7 Global Synthetic Diamond Grit Competition Landscape by Players
- 7.1 Global Top Synthetic Diamond Grit Players by Value (2021-2023)
- 7.2 Synthetic Diamond Grit Headquarters and Sales Region by Company
- 7.3 Company Recent Developments, Mergers & Acquisitions, and Expansion Plans
Chapter 8 Global Synthetic Diamond Grit Market, by Type
- 8.1 Global Synthetic Diamond Grit Market Value, by Type (2021-2035)
- 8.1.1 Polycrystalline Diamond (PCD) Grit
- 8.1.2 Monocrystalline Diamond Grit
Chapter 9 Global Synthetic Diamond Grit Market, by Grit Size
- 9.1 Global Synthetic Diamond Grit Market Value, by Grit Size (2021-2035)
- 9.1.1 Fine
- 9.1.2 Coarse
- 9.1.3 Others
Chapter 10 Global Synthetic Diamond Grit Market, by Application
- 10.1 Global Synthetic Diamond Grit Market Value, by Application (2021-2035)
- 10.1.1 Abrasives & Grinding
- 10.1.2 Machining & Cutting Tools
- 10.1.3 Drilling & Mining
- 10.1.4 Stone Processing
- 10.1.5 Others
Chapter 11 North America Synthetic Diamond Grit Market
- 11.1 Overview
- 11.2 North America Synthetic Diamond Grit Market Value, by Country (2021-2035)
- 11.2.1 U.S.
- 11.2.2 Canada
- 11.2.3 Mexico
- 11.3 North America Synthetic Diamond Grit Market Value, by Type (2021-2035)
- 11.3.1 Polycrystalline Diamond (PCD) Grit
- 11.3.2 Monocrystalline Diamond Grit
- 11.4 North America Synthetic Diamond Grit Market Value, by Grit Size (2021-2035)
- 11.4.1 Fine
- 11.4.2 Coarse
- 11.4.3 Others
- 11.5 North America Synthetic Diamond Grit Market Value, by Application (2021-2035)
- 11.5.1 Abrasives & Grinding
- 11.5.2 Machining & Cutting Tools
- 11.5.3 Drilling & Mining
- 11.5.4 Stone Processing
- 11.5.5 Others
Chapter 12 Europe Synthetic Diamond Grit Market
- 12.1 Overview
- 12.2 Europe Synthetic Diamond Grit Market Value, by Country (2021-2035)
- 12.2.1 UK
- 12.2.2 Germany
- 12.2.3 France
- 12.2.4 Spain
- 12.2.5 Italy
- 12.2.6 Russia
- 12.2.7 Rest of Europe
- 12.3 Europe Synthetic Diamond Grit Market Value, by Type (2021-2035)
- 12.3.1 Polycrystalline Diamond (PCD) Grit
- 12.3.2 Monocrystalline Diamond Grit
- 12.4 Europe Synthetic Diamond Grit Market Value, by Grit Size (2021-2035)
- 12.4.1 Fine
- 12.4.2 Coarse
- 12.4.3 Others
- 12.5 Europe Synthetic Diamond Grit Market Value, by Application (2021-2035)
- 12.5.1 Abrasives & Grinding
- 12.5.2 Machining & Cutting Tools
- 12.5.3 Drilling & Mining
- 12.5.4 Stone Processing
- 12.5.5 Others
Chapter 13 Asia Pacific Synthetic Diamond Grit Market
- 13.1 Overview
- 13.2 Asia Pacific Synthetic Diamond Grit Market Value, by Country (2021-2035)
- 13.2.1 China
- 13.2.2 Japan
- 13.2.3 India
- 13.2.4 South Korea
- 13.2.5 Australia
- 13.2.6 Southeast Asia
- 13.2.7 Rest of Asia Pacific
- 13.3 Asia Pacific Synthetic Diamond Grit Market Value, by Type (2021-2035)
- 13.3.1 Polycrystalline Diamond (PCD) Grit
- 13.3.2 Monocrystalline Diamond Grit
- 13.4 Asia Pacific Synthetic Diamond Grit Market Value, by Grit Size (2021-2035)
- 13.4.1 Fine
- 13.4.2 Coarse
- 13.4.3 Others
- 13.5 Asia Pacific Synthetic Diamond Grit Market Value, by Application (2021-2035)
- 13.5.1 Abrasives & Grinding
- 13.5.2 Machining & Cutting Tools
- 13.5.3 Drilling & Mining
- 13.5.4 Stone Processing
- 13.5.5 Others
Chapter 14 Latin America Synthetic Diamond Grit Market
- 14.1 Overview
- 14.2 Latin America Synthetic Diamond Grit Market Value, by Country (2021-2035)
- 14.2.1 Brazil
- 14.2.2 Argentina
- 14.2.3 Rest of Latin America
- 14.3 Latin America Synthetic Diamond Grit Market Value, by Type (2021-2035)
- 14.3.1 Polycrystalline Diamond (PCD) Grit
- 14.3.2 Monocrystalline Diamond Grit
- 14.4 Latin America Synthetic Diamond Grit Market Value, by Grit Size (2021-2035)
- 14.4.1 Fine
- 14.4.2 Coarse
- 14.4.3 Others
- 14.5 Latin America Synthetic Diamond Grit Market Value, by Application (2021-2035)
- 14.5.1 Abrasives & Grinding
- 14.5.2 Machining & Cutting Tools
- 14.5.3 Drilling & Mining
- 14.5.4 Stone Processing
- 14.5.5 Others
Chapter 15 Middle East & Africa Synthetic Diamond Grit Market
- 15.1 Overview
- 15.2 Middle East & Africa Synthetic Diamond Grit Market Value, by Country (2021-2035)
- 15.2.1 Saudi Arabia
- 15.2.2 UAE
- 15.2.3 South Africa
- 15.2.4 Rest of Middle East and Africa
- 15.3 Middle East & Africa Synthetic Diamond Grit Market Value, by Type (2021-2035)
- 15.3.1 Polycrystalline Diamond (PCD) Grit
- 15.3.2 Monocrystalline Diamond Grit
- 15.4 Middle East & Africa Synthetic Diamond Grit Market Value, by Grit Size (2021-2035)
- 15.4.1 Fine
- 15.4.2 Coarse
- 15.4.3 Others
- 15.5 Middle East & Africa Synthetic Diamond Grit Market Value, by Application (2021-2035)
- 15.5.1 Abrasives & Grinding
- 15.5.2 Machining & Cutting Tools
- 15.5.3 Drilling & Mining
- 15.5.4 Stone Processing
- 15.5.5 Others
Chapter 16 Company Profiles and Market Share Analysis: (Business Overview, Market Share Analysis, Products/Services Offered, Recent Developments)
- 16.1 Element Six
- 16.2 ILJIN Diamond Co., Ltd.
- 16.3 Zhongnan Diamond Co., Ltd.
- 16.4 Zhengzhou Sino-Crystal Diamond Co., Ltd.
- 16.5 Huanghe Whirlwind Co., Ltd.
- 16.6 JSC Kristall Production Corporation
- 16.7 Sandvik AB
- 16.8 Henan Yalong Superhard Materials Co., Ltd.
- 16.9 CR GEMS Co., Ltd.
- 16.10 Applied Diamond Inc.
- 16.11 Scio Diamond Technology Corporation
- 16.12 New Diamond Technology LLC
- 16.13 Hebei Plasma Diamond Technology Co., Ltd.
- 16.14 Sumitomo Electric Industries, Ltd.
- 16.15 Diamond Abrasives Corporation
