China's Synthetic Diamond is Expected to Expand in Emerging Industry

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According to iAbrasive's latest news, China's synthetic diamond is market is expected to maintain development at a fast speed and witness its golden development period.

Abrasives and Abrasive Products Marketplace

Abrasives and Abrasive Products Marketplace

With the improvement in synthetic diamond technology, diamond tools and synthetic diamond have found their application in new materials, new techniques, and new equipment. Meanwhile, China has unique advantages in the synthetic diamond industry. Therefore, China's synthetic diamond is market is expected to maintain development at a fast speed and witness its golden development period.

Currently, high-end diamond products account for a small proportion in China's synthetic diamond market, thus there is abundant space for the improvement of products added value. According to relevant statistics, the output value of China's superhard materials and superhard products is 1:3 to 1:6. With the expanding of downstream superhard products' market scale, the market prospect for superhard materials turns wider. High-end diamond market demand takes up about 60% to 70% of the entire market. Comparing to the proportion of market demand, there is a 30% gap in high-end diamond products. Since China falls behind in overall technology level and quality standard compared with developed countries, over 90% of high-end products that are used in the electronic industry, the auto industry, the home appliance industry, the NC machining industry, etc. In recent years, the application objects and application fields of synthetic diamond are expanding and there is an increasing market demand.

China's synthetic diamond is expected to further expand in emerging industry. With the improvement of synthetic diamond level, its superior performance is predicted to see a broader application in high and new-tech fields, such as aerospace, instrument, bearings, radar waveguide tubes, optical device, and other precision instrument processing. It can be applied in monocrystalline silicon, polycrystalline silicon cutting, grinding, and high efficiency satellite solar-cell, etc. Synthetic diamond is applicable to large scale integrated circuits, such as computer chips, micro precision cutting, slotting, nano diamond polishing, high purity large monocrystalline diamond polishing, etc. Developed countries attach great importance to synthetic diamond and other superhard materials and products, whose application level represent, to some extent, a nation's scientific and technological level.

Author: Liwei Chu
Copyright: & Diamond Tools Market

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since: 08/2012
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