Market Analysis
The Global Diamond Coatings Market is expected to reach USD 3.18 billion by 2025, from USD 1.93 billion in 2017 growing at a CAGR of 8.01% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Diamonds are one of the hardest materials that man has come to know ever. It is much more viable and proficient than other materials which are utilized for grating, cutting, moulding, or completing apparatuses and have the most noteworthy warm conductivity among every known material. Diamonds have low thermal expansion and high electrical resistance. Their very high thermal conductivity makes them ideal for spreading and conducting heat out of compact, high-power, high-speed electronic packages. A low-pressure procedure to make diamond stones utilize the chemical vapor deposition (CVD) has expanded the enthusiasm for CVD diamond films and coatings. These films have different applications like cutting tools to wear resistance parts. Low cost and the ability of CVD diamond to coat any shape is one of its advantages over high-pressure innovation. Diamond producers staged a strong recovery in 2017, posting 20% revenue increase. The top producer’s 2017’s average operating profit rose about 3.5%. According to the industry executives, margins for rough-diamond trading ranged from -2% to 4%; for cutting and polishing, 0% to 9%; and for polished-diamond trading, 1% to 6% by 2017.
Market Drivers
• Increasing demand for diamond coated medical devices and equipment
• Enhanced life of cutting tools and equipment
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Market Restraint:
• High capital investment
• Requirement of qualified workforce for operation
Market Competitive Analysis
The global diamond coatings market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acetaldehyde market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors
• Oerlikon Balzers
• D-Coat GmbH
• Neocoat SA
• Crystallume Corporation
• Element Six
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Research Methodology
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
By Technology
• CVD
• PVD
By Substrate
• Metal
• Ceramics
• Composites
• Others
By End-use Industry
• Electronic
• Mechanical
• Industrial
• Medical
• Automotive
• Others
By Geography
• North America
• Europe
• The Asia Pacific
• South America
• Middle East and Africa
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