U.S. industrial diamond market value 2014-2025
The market value of industrial diamonds in the United States is forecast to amount to 238.1 billion U.S. dollars in 2025.
Industrial diamonds are diamonds that are valued for their extreme level of hardness, but which either have many flaws or irregular shapes and therefore, are not aesthetically valuable. For this reason, they are used for industrial purposes. Overall, industrial diamonds have a low value as gems, but are important in the mining and metalworking industries. They are used for cutting materials as well as polishing other materials including diamonds. They are also sometimes used for drill bits, saws, and as an abrasive.
Industrial diamonds are diamonds that are valued for their extreme level of hardness, but which either have many flaws or irregular shapes and therefore, are not aesthetically valuable. For this reason, they are used for industrial purposes. Overall, industrial diamonds have a low value as gems, but are important in the mining and metalworking industries. They are used for cutting materials as well as polishing other materials including diamonds. They are also sometimes used for drill bits, saws, and as an abrasive.
