The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

the increasing population in developing countries such as China and India owing to rising disposable income, increased demand, and availability of credit are expected to drive innovation in diamond manufacturing, thus driving the market during the forecast period.

The global diamond market is expected to grow from $2.43 billion in 2022 to $2.55 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%. The diamond market size is expected to grow from $3.41 billion in 2027 at a CAGR of 7.5%.

Get A Free Sample On The Global Diamond Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6818&type=smp

Global Diamond Market Segments Include:

• By Type:Jewelry Making, and Industrial Applications
• By Mining Type:Underground Mining, Surface Mining
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Africa is the largest region in the global diamond market in 2021.

Major Market Players in the diamond market include Rockwell Diamonds, Anglo American Plc, Gem Diamonds, Petra Diamonds, and Lucara.

Companies engaged in the diamond industry are using X-Ray Transmission (XRT) technology, to increase efficiency in their operations in the global diamond market. Under this technology, a mineral concentrate is passed through sensors that bombard each stone with X-rays and measure the absorption of each stone. XRT technology is quickly becoming the standard in the industry, as new mines begin using it and older mines make a transition to it.

The Diamond Global Market Report 2023  provides a diamond market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The diamond market forecast analyzes diamond market size, diamond market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Diamond refers to the process of mining diamonds of different carats. Art, science, engineering, and a lot of labour go into making a diamond. Pipe mining, alluvial mining, and marine mining are the three forms of mining utilised to mine diamonds.

Explore Similar Reports From The Business Research Company:

Mining Drill Bits Global Market Report 2023

Specialized Freight Trucking Global Market Report 2023

Rail Freight Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/ 
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company 
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model 

Found this article helpful? Share it on: