Diamonds - Industrial: Market Size & Forecast 2026

The global industrial diamonds market is valued at approximately USD 2.4 billion in 2025 (base year), measured in finished equivalent and inclusive of natural industrial diamond grit and powder alongside synthetic diamond products across HPHT and CVD production routes. The market operates under a structurally tight supply balance: natural industrial diamond bort availability has declined from the 2005-2006 peak of more than 175 million carats per year to approximately 121 million carats, constraining non-gem channels and compressing inventory buffers across the distribution chain. Published industry data points to a 4.2% CAGR through 2032, reaching approximately USD 3.2 billion by the forecast year [Claight estimate: consensus range 4.4% to 6.4% across seven tracked sources; 4.2% central case derived from segment-weighted build using construction 30%, mining 25%, manufacturing 20%, autom

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