Diamond Cutting and Polishing Market Size will exceed USD 26 billion in 2020 and will exhibit USD xx Billion up to 2025 in coming years. The average growth of global market is excepted to XX.XX% CAGR from 2017-2025, as reported in the latest study by Veracious Statistics Research Pvt. Ltd

Diamond Cutting and Polishing Market Insights

Diamond cutting and polishing is technique or method to changing diamond from rough stone in to valuable Gemstone.  Diamond Cutting and Polishing need specialized, knowledge experts, cutting machine handling knowledge such as tool, equipment, and techniques due to hard, difficult and sensitive process. In additional, diamond cutting and polishing industry experts and this market speared only in some of countries such as India, China, Russia, South Africa, Belgium, Israel and the United States. In recent years India become largest share holder for diamond cutting and polishing followed by china like India hold 19-13% share and china hold 17% share.

Global Diamond Cutting and Polishing Market Size & Share by Region (Countries)

Diamond Market: Cutting, Drilling, Grinding, and Polishing

Diamonds are a carbon-based gemstone coveted by innumerable people worldwide. It is very hardest materials in world, which makes them very valuable for industrial uses in addition to their wide use in luxury jewelry. Diamonds are also expensive. Diamonds nothing but carbon based gemstone. Its hardest stone in worldwide that is why diamonds are very valuable stone for industry use and luxury jewelry. Diamond checking process method or techniques call ‘Cs’ that decide price.

Diamond Cutting and Polishing Market Production, Distribution and Reserves

Rough Diamonds Market Size (measured in billion U.S. dollars) From 2017 to 2025. In 2017, it was estimated that global demand over USD 22 billion and will exhibit growth by a CAGR of over 5.9% up to 2020.worldwide production volume of rough gemstone between 2005 to 2017 around 177 million carats in overall market. Experts suggest it will grow significant up to 2025, there is shortfall near about 278 million carats in the worldwide. 

This statistic calculation depicts the global diamond cutting and polishing market distribution in 2017, by countries. 72% of the global market occupation by India and China. Russia is highest stake holder in term of the diamond reserves in worldwide were calculated to around 650 million carats it is largest reserves in world.

Competitive Overview

Some of the key competitors in the diamond cutting and polishing Market Moshe Namdar Diamonds LTD, KGK Group, Kristall Production Corporation, Blue Star Diamonds, Bonas Group and several other small and medium scale players.