Synthetic diamond - a wide range of superhard materials. Diamond is a high-end synthetic material with excellent physical properties and high hardness and thermal conductivity. The artificial synthesis methods are diverse, and the static high temperature and high pressure method is the main method for industrial production of synthetic diamond. Synthetic diamonds are used in the fields of mechanics, thermals, optics and electricity, and the most demanding is for machining materials. The status quo of the world's synthetic diamond industry: China's synthetic diamond production ranks first in the world, accounting for 90% of global production. China's synthetic diamond industry has developed rapidly, replacing the United States as the largest producer of synthetic diamond. The main reason for this phenomenon is that the six-face press equipment and process with independent intellectual property rights in China have gradually matured, bringing obvious cost advantages. Although the production of foreign synthetic diamond manufacturing enterprises is lower than that of Chinese enterprises, the quality of their products is relatively higher, the advantages of high-end products are obvious, and there is a brand effect. Foreign synthetic diamond manufacturing enterprises monopolize the high-end market. The status quo of China's synthetic diamond industry: China's synthetic diamond has an annual output of nearly 10 billion carats, with a compound annual growth rate of 21.45%. China's synthetic diamond exports have increased by more than 14 times in the past decade, and the United States is the largest export market for synthetic diamonds in China. Although China's synthetic diamond exports are huge, the unit price has been at a lower international level. China's synthetic diamond industry has formed an oligopoly competition pattern in which the three companies, Zhongnan Diamond, Yellow River Cyclone and Yu Diamond, occupy more than 80% of the market. The synthetic diamond industry is a key support industry for the development of the “12th Five-Year Plan†new materials industry. Downstream demand analysis: The global diamond tool market is over $20 billion. The unit price of synthetic diamond products is decreasing, but the overall scale of the industry is still growing at a high speed. The main industries for the downstream application of synthetic diamonds are manufacturing, construction and exploration and mining. The annual compound growth rates of fixed assets investment in manufacturing, construction and mining are 32%, 20% and 30% respectively. The fixed asset investment of the downstream industry will continue to maintain good growth, which brings a strong guarantee for the rapid development of the synthetic diamond industry. Analysis of profitability of synthetic diamond: Raw material cost accounts for a large proportion of synthetic diamond cost, reaching about 64%. Metal powder, hammer hammer consumption and graphite powder are the main factors affecting the cost of synthetic diamond. Synthetic diamonds rely on technological innovation to maintain high gross profit margins in the downward trend of prices. Industry development prospects: The breakthrough in the application of photovoltaic industry will bring a huge market. The potential new market for photovoltaic diamond wire is close to 4 billion per year; the replacement of traditional materials brings huge room for growth, and the scale of synthetic diamond market is close to that of silicon carbide abrasive replacement. The growth of 1 billion yuan.
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