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| Report Features | Details |
| Product Name | Diamond |
| Region/Countries Covered |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Request for Real Diamond Prices: https://www.procurementresource.com/resource-center/diamond-price-trends/pricerequest
Diamond can be defined as a solid form of pure carbon element with atoms assembled in a crystal structure named as diamond cubic. Diamond has the highest level of hardness, thermal conductivity and sound velocity and has low adhesion and friction. Due to its properties and physical characteristics, diamond is utilised in important industrial applications, like cutting and polishing various tools. Since the layout of atoms in diamonds is highly rigid, only a few kinds of impurity can degrade it. The optical transparency of diamond extends from far infrared to deep ultraviolet and comparatively has high optical dispersion. Nearly all natural diamonds are aged between 1 billion and 3.5 billion years.
Globally, Russia is the top producer and exporter of diamonds. Botswana owns the second leading position in producing diamonds regarding value and volume. Other leading countries are the Democratic Republic of Congo, Australia, and Canada.
Key Details About the Diamond Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diamond price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The diamond price chart, including India Diamond price, USA Diamond price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Diamond Price Trend:
Although diamonds are most used as gems in jewellery, they have several industrial applications. Because of their hardness, and strong physical characteristics, diamonds are highly efficient at polishing, cutting, and drilling. Several industries, such as automotive, mining, and military, use diamond saws and drills. Minute diamond particles or dust are added to drill bits and saw borders to create these more robust for cutting hard objects. Diamond windows are created from thin diamond membranes that are utilised to cover the opening in lasers, x-ray machines, and vacuum chambers. Diamonds are used for speaker domes to improve the performance of high-end speakers. Other uses of diamonds are in the automotive industry, aerospace and defense, physics, and energy R&D.
Key Players:
- De Beers Group (Anglo American)
- Applied Diamond Inc
- Industrial Diamond Laboratories, Inc
- Lucara Diamond Corp. (Lundin Group of Companies)
- Petra Diamonds Limited
- Gem Diamonds
News and Recent Developments:
- February 2022 – Element Six Ltd and II-VI Inc. began an alliance in February 2022. With this agreement, II-VI licensed Element Six’s intellectual property and essential equipment to produce superior quality single-crystal diamonds to augment its fundamental competency in diamond technology.
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About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
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