Sustainability and Ethical Factors Driving the Synthetic Diamond Market (2024-2031)
The global synthetic diamond market was valued at USD 19.50 billion in 2023 and is projected to reach USD 28.66 billion by 2031. This growth represents a compound annual growth rate (CAGR) of 5.01% from 2024 to 2031. The increasing demand for synthetic diamonds across various sectors, including electronics, construction, and jewelry, is driving this upward trend, highlighting the market's...
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