The rapid development of China's synthetic diamond industry has become an important application country and exporter in the world.

With the maturity of synthetic diamond technology and the rapid development of China's economy, China has accumulated and improved diamond tool manufacturing technology and has strong manufacturing capabilities. Due to the huge advantages of Chinese enterprises in labor costs, coupled with the late catch-up situation in technology research and development, Chinese enterprises have obvious advantages in product cost performance. With the rapid growth of market demand, diamond tool companies all over the world have launched, and a number of advantageous enterprises with international competitive strength have emerged. China has become an important diamond tool producer in the world, an application country and an exporting country, with an annual output value of more than 10 billion yuan.
1. The application of synthetic diamond in emerging industries is expected to further expand. With the continuous improvement of synthetic diamond grade, its excellent performance is expected to be more widely used in high-tech fields, such as aerospace instrument bearings, radar waveguides, optical Processing of precision instruments such as devices and high-energy pyrotechnics; it can be used for cutting, grinding, satellite solar panels and other high-efficiency precision processing of single crystal silicon and polycrystalline silicon 0.1-0.2mm thick sheets; it can be used for large-scale integrated circuits such as computer chips. Fine precision cutting, slotting, backside thinning, nano-diamond polishing, etc. High-purity large single crystal diamond can also be used to produce high-strength optical windows for dynamic compression testing, window openings for certain devices in very environmental environments, and research on nuclear fusion. Energy components and so on. The developed countries in the world all regard superhard materials and products including synthetic diamonds as the development focus. The research and application level of superhard materials and products represent the level of scientific and technological development of a country to some extent.
2, China's synthetic diamond market, the proportion of high-grade diamonds is relatively low, the added value of the space is large. At present, the domestic superhard materials and products output value is between 1:3 and 1:6, with the market scale of downstream superhard materials products. Growing, the market prospects for superhard materials are very broad. The market demand for high-grade diamonds accounts for about 60% to 70% of the total market. According to the current domestic technical level of diamond products, the proportion of high-grade diamonds is low, only 25% to 30%, and 60%. In contrast to market demand, the gap is 30% to 35%. Since the overall technology and quality level of China's diamond products lag behind developed countries, more than 90% of the high-end products used in electronics, automobiles, home appliances, CNC machining and other industries rely on imports. Therefore, China has a lot of room for price development in the field of high-grade superhard materials. In recent years, the application objects and application fields of synthetic diamonds have been expanding, and the market demand is more vigorous, showing a trend of sustained and rapid growth. 3. The demand for diamonds will increase in the future, and the price will rise steadily. In the next few years, the market demand for synthetic diamonds in China can still maintain an average annual compound growth of more than 15%. According to the statistics of the Henan Ball Mill Association, the domestic synthetic diamond production and sales from 2001 to 2009 The volume has increased from 1.6 billion carats to 5.4 billion carats, with an average annual compound growth of 16.4%. In the next few years, the market demand for synthetic diamonds in China can still maintain an average annual growth rate of more than 10%. It is expected that the domestic market demand in 2012 will reach 7 billion carats. With the technological advancement of domestic synthetic diamond industry and the improvement of product quality, China's synthetic diamond products are gradually recognized by international customers. According to the statistics of industry associations, the number of synthetic diamond exports in China increased from 153 million carats to 1.35 billion carats from 2001 to 2008. The compound annual growth rate is 37%. With the production capacity and price advantage of China's synthetic diamond industry, China's exports of synthetic diamond and its products will continue to maintain a rapid growth trend. In short, with the continuous development of synthetic diamond technology, diamond tools, synthetic diamonds are gradually applied in new materials, new processes, new equipment and China's own advantages in the synthetic diamond industry, there is reason to believe that China's synthetic diamond market will certainly welcome in the next few years. In the golden period of development, we will maintain a high-speed development trend.  

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