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 diamond market value in the United States from 2014 to 2025 (in million U.S. dollars)*
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Statista. (December 3, 2019). Industrial diamond market value in the United States from 2014 to 2025 (in million U.S. dollars)* [Graph]. In Statista. Retrieved December 11, 2024, from https://www.statista.com/statistics/1078681/us-industrial-diamond-market-size/
Statista. "Industrial diamond market value in the United States from 2014 to 2025 (in million U.S. dollars)*." Chart. December 3, 2019. Statista. Accessed December 11, 2024. https://www.statista.com/statistics/1078681/us-industrial-diamond-market-size/
Statista. (2019). Industrial diamond market value in the United States from 2014 to 2025 (in million U.S. dollars)*. Statista. Statista Inc.. Accessed: December 11, 2024. https://www.statista.com/statistics/1078681/us-industrial-diamond-market-size/
Statista. "Industrial Diamond Market Value in The United States from 2014 to 2025 (in Million U.S. Dollars)*." Statista, Statista Inc., 3 Dec 2019, https://www.statista.com/statistics/1078681/us-industrial-diamond-market-size/
Statista, Industrial diamond market value in the United States from 2014 to 2025 (in million U.S. dollars)* Statista, https://www.statista.com/statistics/1078681/us-industrial-diamond-market-size/ (last visited December 11, 2024)
Industrial diamond market value in the United States from 2014 to 2025 (in million U.S. dollars)* [Graph], Statista, December 3, 2019. [Online]. Available: https://www.statista.com/statistics/1078681/us-industrial-diamond-market-size/