CVD Lab-Grown Diamonds Market Size, Share, Trends, Industry Analysis Report: By Type (Rough and Polished), Color, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Description

List of Tables

The CVD lab-grown diamonds market size is expected to reach USD 25.58 billion by 2034, according to a new study by Polaris Market Research. The report "CVD Lab-Grown Diamonds Market Share, Size, Trends, Industry Analysis Report: By Type (Rough and Polished), Color, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

CVD lab-grown diamonds are high-purity synthetic diamonds created through a controlled chemical vapor deposition process, offering a sustainable and customizable alternative to mined diamonds. One of the CVD lab-grown diamonds market trends is the rising demand for personalized and bespoke jewelry, as consumers seek unique, ethically sourced diamonds that align with their preferences. Advancements in CVD technology allow for precise customization in terms of size, shape, and quality, catering to the growing demand for individuality in luxury products. Additionally, increasing consumer awareness regarding the ethical and environmental benefits of lab-grown diamonds is driving the CVD lab-grown diamonds market growth, positioning them as a preferred choice in both fine jewelry and industrial applications.

Another key trend propelling the CVD lab-grown diamonds market demand is the integration of artificial intelligence (AI) and automation in the diamond synthesis and grading process. AI-driven innovations improve production efficiency, enabling the creation of high-quality diamonds with minimal variations, thus improving consistency and scalability. Automated grading technologies further support market growth by ensuring accurate quality assessment and streamlining certification processes. These advancements contribute to cost reductions as technology continues to evolve, making CVD diamonds more accessible to a broader consumer base. The convergence of AI and automation with CVD production is expected to redefine industry standards, further strengthening market expansion.

CVD Lab-Grown Diamonds Market Report Highlights

In terms of color, the colorless segment led the CVD lab-grown diamonds market share in 2024, driven by its high demand in both the jewelry and industrial sectors.
Based on type, the rough segment is anticipated to experience the fastest growth during the forecast period, fueled by its growing use in industrial applications and jewelry manufacturing processes.
North America accounted for the largest share of the CVD lab-grown diamonds market revenue in 2024, supported by strong consumer demand, technological advancements, and a well-established jewelry industry.
The Asia Pacific market is expected to witness the fastest growth during the forecast period, driven by increasing industrial applications and rising consumer demand for sustainable diamond alternatives.
A few global key market players include ABD Diamonds; Anjali Diamonds Pvt Ltd; BHANDERI LAB GROWN DIAMONDS; De Beers plc; Delaware Diamond Knives, Inc.; Hebei Plasma Diamond Technology Co., Ltd.; IIa Technologies; Ritani; Shanghai Zhengshi Technology; SP3 Technologies LLP; and VIBRANIUM LAB.

Polaris Market Research has segmented the CVD lab-grown diamonds market report on the basis of type, color, application, and region:

By Type Outlook (Revenue, USD Billion, 2020-2034)

Rough
Polished

By Color Outlook (Revenue, USD Billion, 2020-2034)

Colored
Colorless

By Application Outlook (Revenue, USD Billion, 2020-2034)

Machine and Cutting tools
Heat Sinks & Exchangers
Optical, Laser and X-ray
Electronics
Healthcare Instruments
Gemstone
Others

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Vietnam
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa

Product Code: PM3247

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global CVD Lab-Grown Diamonds Market Insights

4.1. CVD Lab-Grown Diamonds Market - Market Snapshot
4.2. CVD Lab-Grown Diamonds Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Changing Consumer Preferences
  - 4.2.1.2. Expanding Industrial Applications
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Perception and Acceptance Challenges
- 4.2.3. Public opinion and privacy legal precedents
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. CVD Lab-Grown Diamonds Market Trends
4.6. Value Chain Analysis

5. Global CVD Lab-Grown Diamonds Market, by Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
5.3. Rough
- 5.3.1. Global CVD Lab-Grown Diamonds Market, by Rough, by Region, 2020-2034 (USD Billion)
5.4. Polished
- 5.4.1. Global CVD Lab-Grown Diamonds Market, by Polished, by Region, 2020-2034 (USD Billion)

6. Global CVD Lab-Grown Diamonds Market, by Color

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
6.3. Colored
- 6.3.1. Global CVD Lab-Grown Diamonds Market, by Colored, by Region, 2020-2034 (USD Billion)
6.4. Colorless
- 6.4.1. Global CVD Lab-Grown Diamonds Market, by Methyl CVD Lab-Grown Diamonds, by Region, 2020-2034 (USD Billion)

7. Global CVD Lab-Grown Diamonds Market, by Application

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
7.3. Machine and Cutting tools
- 7.3.1. Global CVD Lab-Grown Diamonds Market, by Machine and Cutting tools, by Region, 2020-2034 (USD Billion)
7.4. Heat Sinks & Exchangers
- 7.4.1. Global CVD Lab-Grown Diamonds Market, by Heat Sinks & Exchangers, by Region, 2020-2034 (USD Billion)
7.5. Optical, Laser and X-ray
- 7.5.1. Global CVD Lab-Grown Diamonds Market, by Optical, Laser and X-ray, by Region, 2020-2034 (USD Billion)
7.6. Electronics
- 7.6.1. Global CVD Lab-Grown Diamonds Market, by Electronic, by Region, 2020-2034 (USD Billion)

8. Global CVD Lab-Grown Diamonds Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. CVD Lab-Grown Diamonds Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. CVD Lab-Grown Diamonds Market - North America
- 8.3.1. North America: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
- 8.3.2. North America: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
- 8.3.3. North America: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.3.4. CVD Lab-Grown Diamonds Market - US
  - 8.3.4.1. US: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.3.4.2. US: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.3.4.3. US: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.3.5. CVD Lab-Grown Diamonds Market - Canada
  - 8.3.5.1. Canada: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
8.4. CVD Lab-Grown Diamonds Market - Europe
- 8.4.1. Europe: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
- 8.4.2. Europe: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
- 8.4.3. Europe: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.4.4. CVD Lab-Grown Diamonds Market - UK
  - 8.4.4.1. UK: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.4.5. CVD Lab-Grown Diamonds Market - France
  - 8.4.5.1. France: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.4.5.2. France: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.4.5.3. France: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.4.6. CVD Lab-Grown Diamonds Market - Germany
  - 8.4.6.1. Germany: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.4.7. CVD Lab-Grown Diamonds Market - Italy
  - 8.4.7.1. Italy: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.4.8. CVD Lab-Grown Diamonds Market - Spain
  - 8.4.8.1. Spain: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.4.9. CVD Lab-Grown Diamonds Market - Netherlands
  - 8.4.9.1. Netherlands: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.4.10. CVD Lab-Grown Diamonds Market - Russia
  - 8.4.10.1. Russia: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.4.11. CVD Lab-Grown Diamonds Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
8.5. CVD Lab-Grown Diamonds Market - Asia Pacific
- 8.5.1. Asia Pacific: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.5.4. CVD Lab-Grown Diamonds Market - China
  - 8.5.4.1. China: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.5.4.2. China: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.5.4.3. China: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.5.5. CVD Lab-Grown Diamonds Market - India
  - 8.5.5.1. India: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.5.5.2. India: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.5.5.3. India: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.5.6. CVD Lab-Grown Diamonds Market - Malaysia
  - 8.5.6.1. Malaysia: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.5.7. CVD Lab-Grown Diamonds Market - Japan
  - 8.5.7.1. Japan: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.5.8. CVD Lab-Grown Diamonds Market - Indonesia
  - 8.5.8.1. Indonesia: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.5.9. CVD Lab-Grown Diamonds Market - South Korea
  - 8.5.9.1. South Korea: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.5.10. CVD Lab-Grown Diamonds Market - Australia
  - 8.5.10.1. Australia: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.5.11. CVD Lab-Grown Diamonds Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
8.6. CVD Lab-Grown Diamonds Market - Middle East & Africa
- 8.6.1. Middle East & Africa: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.6.4. CVD Lab-Grown Diamonds Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.6.5. CVD Lab-Grown Diamonds Market - UAE
  - 8.6.5.1. UAE: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.6.6. CVD Lab-Grown Diamonds Market - Israel
  - 8.6.6.1. Israel: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.6.7. CVD Lab-Grown Diamonds Market - South Africa
  - 8.6.7.1. South Africa: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.6.8. CVD Lab-Grown Diamonds Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
8.7. CVD Lab-Grown Diamonds Market - Latin America
- 8.7.1. Latin America: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
- 8.7.2. Latin America: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
- 8.7.3. Latin America: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.7.4. CVD Lab-Grown Diamonds Market - Mexico
  - 8.7.4.1. Mexico: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.7.5. CVD Lab-Grown Diamonds Market - Brazil
  - 8.7.5.1. Brazil: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.7.6. CVD Lab-Grown Diamonds Market - Argentina
  - 8.7.6.1. Argentina: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)
- 8.7.7. CVD Lab-Grown Diamonds Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: CVD Lab-Grown Diamonds Market, by Type, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: CVD Lab-Grown Diamonds Market, by Color, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: CVD Lab-Grown Diamonds Market, by Application, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Boston Engineering
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Festo
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Hydromea
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Liquid Robotics, Inc.,
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. EvoLogics GmbH.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. General Dynamics Mission Systems, Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Swiss Federal Institute of Technology in Zurich
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Teledyne Marine Technologies Incorporated.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. PLIANT ENERGY SYSTEMS
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Blue Robotics Inc
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development