The global synthetic diamond market is highly consolidated in which the top three companies, namely SandvikAB, ElementSix, and ILJINCo. Ltd, hold three fourth of the share in the market. A research study by Transparency Market Research finds that forward integration has aided these companies clinch top positions. Their future, however, shall depend on well-thought-out investments in research and development activities to bring down the cost of manufacturing and improve the quality of the product. As per the report, savvy companies in the global synthetic diamond market should consider setting up shop in emerging economies of Asia Pacific for cost benefits and higher returns on investments. Tying up with research institutes to slash research and development costs will also hold the companies in good stead, finds the report. The TMR report predicts the global synthetic diamond market to expand at a CAGR of 7.0% between 2015 and 2023. Rising at this rate, the market wi...
“Knowledge is Power” as we all have known but in today’s time that is not sufficient, the right Solution of knowledge is Intelligence.