Nanodiamonds Market Outlook Trends, Perceiving Growth Factors, Opportunities Forecast Flourishing Globally by 2025

Adroit Market Research
Global Nanodiamonds Market Size
2017
By Application (Finish Polishing, Electroplating, Oil
Compounds, and Others), By Region and Forecast
2018 to 2025
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Nanodiamonds Market Size and Forecast 2018-2025
• Global nanodiamonds market share applications as well as focusses on is its demand in key geographies. The report also covers the
detailed analysis of the global production volume of nanodiamonds as well as company profiles of key manufacturers.
• The global nanodiamonds market size is projected to surpass USD 140 million by 2025, driven by its enhanced demand in the
biomedical industry.
• Nanodiamonds witness a wide range of applications in tribology, drug delivery, bioimaging, tissue engineering applications as well
as a filler material in composites.
• Upcoming applications of nanodiamonds in electronic & polymer industry, chemical industry, primarily for styrene production is
expected to offer lucrative opportunities for market growth in coming years.
• In addition, ongoing trends such as change-transfer catalyst, laser-initiating explosives, sintering compacts, plasma-sprayed metaldiamond coatings, precursors for CVD, and hydrogen power engineering is expected to propel the growth over the next decade.
• The report covers the current scenario and the assessment of economic prospects of the global nanodiamonds market trends
based on ongoing developments.
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Nanodiamonds Market Size and Forecast 2018-2025
• The global nanodiamonds market size is also impacted by the presence of a limited number of manufacturers, of with
majority are small-scale players.
• The growth of the electronics, automotive, and healthcare industries in the region are expected to result in substantial
domestic demand.
• On the other hand, Asia Pacific currently is the largest producer and consumer of nanodiamonds. China, Japan, and India
are to exhibit the fastest growth on account of a large consumer base in these countries.
• Besides China, India and Japan have also established themselves as key manufacturers within Asia Pacific despite their
relatively minute shares.
• Lubricants, coatings, and abrasives are some of the popular uses of nanodiamonds. Presence of large manufacturing
sector in Eastern Europe has resulted in the setup of numerous nanodiamond vendors in the region.
• Europe nanodiamonds market was valued at USD 3.1 million in 2017 and is projected to grow steadily throughout the
forecast period, 2018 to 2025.
• Nanodiamonds were first synthesized in the Soviet Union. Since then, nanodiamonds have gained commercial popularity
in the last decade, opening opportunities within various industrial processes.
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Key segments of the Nanodiamonds market
• Application Overview, 2015-2025 (Kilos, USD Million)
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•
•
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Finish polishing
Electroplating
Oil compounds
Others
• Regional Overview, 2015-2025 (USD million)
• North America
• Europe
• Asia Pacific
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Nanodiamonds (NDs), is also known as detonation diamonds (DND). These are small particles of diamonds that have a particle diameter of 4-6 nanometers. These contain diamond core, sp2carbon layer, amorphous carbon layer and functional group of oxygen. As every component will have its own interaction and exhibit totally unique properties from various other diamonds. The global nonodiamonds market is growing due to reduced cost and large volumes of production of nanodiamonds. It is growing to large demand across various industries like coating, electronics and biomedical sectors. Growing application sectors is likely to be the main focus area for the market share.