CVD Lab-Grown Diamonds Global Market Report 2026

CVD lab-grown diamonds, created through the chemical vapor deposition (CVD) method, are synthetic diamonds produced by infusing a diamond seed crystal with natural gas, such as methane, within a vacuum chamber. This process breaks down the gas into carbon atoms, allowing them to accumulate on the crystal and eventually form a diamond. CVD lab-grown diamonds find essential use in applications requiring extreme hardness and high thermal conductivity, especially in cutting-edge technology.

CVD lab-grown diamonds come in two primary typess such as polished and rough. Polished diamonds undergo refinement to achieve a shiny appearance. They are available in various colors, including colorless and other hues, with sizes ranging from 2-4 carats, above 4 carats, and below 2 carats. These diamonds are utilized across diverse industries such as machinery and cutting tools, heat management systems, optical and laser technologies, electronics, medical instruments, gemstone manufacturing, and more.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on raw carbon materials, specialized gases, and diamond seeds have impacted the CVD lab-grown diamonds market by increasing production costs and delaying supply chains, particularly affecting segments like industrial-grade and gem-grade diamonds. Regions such as north america, europe, and asia-pacific are most affected due to import dependencies. Positive impacts include encouraging domestic production, promoting local sourcing of raw materials, and fostering innovation in high-quality, cost-efficient diamond synthesis.

The cvd lab-grown diamonds market research report is one of a series of new reports from The Business Research Company that provides cvd lab-grown diamonds market statistics, including cvd lab-grown diamonds industry global market size, regional shares, competitors with a cvd lab-grown diamonds market share, detailed cvd lab-grown diamonds market segments, market trends and opportunities, and any further data you may need to thrive in the cvd lab-grown diamonds industry. This cvd lab-grown diamonds market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cvd lab-grown diamonds market size has grown strongly in recent years. It will grow from $13.81 billion in 2025 to $15.12 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to adoption of chemical vapor deposition techniques, growth of industrial diamond applications, rising demand for synthetic gemstones, development of high-purity diamonds for cutting and optical tools, early use in thermal management and electronics.

The cvd lab-grown diamonds market size is expected to see strong growth in the next few years. It will grow to $22.03 billion in 2030 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to expansion of jewelry-grade lab-grown diamond production, increasing industrial applications in electronics and laser systems, rising demand in healthcare and optical instruments, growth in colored and fancy-cut lab-grown diamonds, adoption in emerging applications like quantum computing and high-precision tools. Major trends in the forecast period include rising adoption of cvd technology in industrial applications, increasing use of lab-grown diamonds in electronics and heat management, growth in gem-grade lab-grown diamond production, expansion of polished diamonds for jewelry applications, increasing demand for high-purity diamonds in healthcare instruments.

Rising demand for electronics and semiconductors is expected to drive the growth of the CVD lab-grown diamond market in the coming years. Electronics refers to the area of study focused on the movement and control of electrons (electricity) and their behavior and effects in semiconductors, gases, and vacuums. A semiconductor is a material with specific electrical properties that make it suitable as the foundation for computers and other electronic devices. Due to the exceptional properties of CVD diamonds, such as their wide bandgap and the highest electron and hole mobilities at room temperature, single-crystal CVD diamonds are regarded as the ideal semiconductor for high-power electronics. Consequently, the CVD lab-grown diamond market will support the demand for semiconductors and electronics. For example, in February 2025, The Semiconductor Industry Association (SIA), a US-based trade association, reported that global semiconductor sales reached $627.6 billion in 2024, up 19.1% from $526.8 billion in 2023. Therefore, growing demand for electronics and semiconductors is fueling the expansion of the CVD lab-grown diamond market.

Major players in the CVD Lab-Grown diamond market are directing their efforts toward developing innovative products, including colored lab-grown diamonds. Colored lab-grown diamonds are created through laboratory processes and exhibit a range of colors due to trace elements, radiation, or other factors during formation. An illustration of this trend is seen in the activities of Cullen Jewellery, an Australia-based lab-grown diamond manufacturing company. In August 2023, the company introduced its 'Love in Colour' collection, featuring colored lab-grown diamonds with shades reminiscent of a vivid sunset, including pink, yellow, and blue. The company's innovative digital platform enhances the client experience with 3D visuals magnified at 100 times, showcasing the essence of each gemstone. This focus on developing innovative and colored lab-grown diamonds exemplifies the commitment of major companies to drive advancements in the CVD Lab-Grown diamond market.

In April 2025, Charles & Colvard, Limited, a US-based fine-jewelry manufacturing company, formed a partnership with Ethara Capital LLC to enhance its lab-grown diamond offerings and drive market growth. Through this collaboration, Charles & Colvard seeks to strengthen its vertical supply capabilities and scale operations by expanding its Caydia lab-grown diamond product portfolio and increasing presence across both consumer and wholesale channels, promoting product diversification and global market reach. Ethara Capital LLC is a UAE-based investment firm that offers access to large-scale CVD lab-grown diamond supply and associated manufacturing infrastructure.

Major companies operating in the cvd lab-grown diamonds market report are Sumitomo Electric Industries Ltd., EDP Corporation, Element Six, Diamond Foundry Inc., New Diamond Technology, WD Lab Grown Diamonds, ABD Diamonds Pvt Ltd., Bhanderi Lab-grown Diamonds LLP, Hebei Plasma Diamond Technology Co Ltd., SP3 Technologies LLP, Heyaru Engineering Private Limited, Adamas One Corp, Iljin Diamond Co Ltd, Pure Grown Diamonds, Greenlab Diamonds, Sonalika Diamonds, Finegrown Diamond, UniDiamond, IIa Technologies, Scio Diamond Technology Corporation, BetterThanDiamond

North America was the largest region in the CVD lab-grown diamonds market in 2025. The regions covered in the cvd lab-grown diamonds market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the cvd lab-grown diamonds market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The CVD lab-grown diamond market consists of sales of wedding rings diamond, engagement rings diamond, scaling devices, and sensors. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

CVD Lab-Grown Diamonds Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses cvd lab-grown diamonds market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for cvd lab-grown diamonds ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The cvd lab-grown diamonds market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Polished; Rough
• 2) By Color: Colorless; Colored
• 3) By Size: 2-4 Carat; Above 4 Carat; Below 2 Carat
• 4) By Application: Machine And Cutting Tools; Heat Sinks And Exchangers; Optical, Laser And X-Ray; Electronics; Healthcare Instruments; Gemstones; Other Applications
• Subsegments:
• 1) By Polished: Round Cut Diamonds; Princess Cut Diamonds; Emerald Cut Diamonds; Cushion Cut Diamonds; Other Fancy Cuts
• 2) By Rough: Industrial-Grade Rough Diamonds; Gem-Grade Rough Diamonds
• Companies Mentioned: Sumitomo Electric Industries Ltd.; EDP Corporation; Element Six; Diamond Foundry Inc.; New Diamond Technology; WD Lab Grown Diamonds; ABD Diamonds Pvt Ltd.; Bhanderi Lab-grown Diamonds LLP; Hebei Plasma Diamond Technology Co Ltd.; SP3 Technologies LLP; Heyaru Engineering Private Limited; Adamas One Corp; Iljin Diamond Co Ltd; Pure Grown Diamonds; Greenlab Diamonds; Sonalika Diamonds; Finegrown Diamond; UniDiamond; IIa Technologies; Scio Diamond Technology Corporation; BetterThanDiamond
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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