Disclosure NewswireTMiCrowdNewswire - Feb 12, 2019
Diamond mining industry comprises establishments engaged in the extraction of diamonds from the earth and it also involves additional processes like polishing and cutting. Diamonds are recovered through different stages such as crushingscrubbingcyclonic separation plant recovery and cleaningweighing and packaging.
This report studies the Diamond market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in the global market and splits the Diamond market by product type and applications/end industries.
In late 2015Lucara Diamond Corporation made the transition to a new X-Ray Transmission XRT technology at its Karowe mine in Botswana after a lengthy consultation process with global developers. The technology relies on the diamond’s ability to absorb X-ray radiation. Diamonds absorb less radiation than most of the minerals. Under this technology, a mineral concentrate is passed through sensors that bombard each stone with X-rays and measure the absorption of each stone. XRT technology is quickly becoming the standard in the industry’s new mines begin using it and older mines make a transition to it. For instance, Tomra’s machines were installed at the Renard mine by Stornoway Diamond Corporation and Russian-built versions are being trialed by ALROSA.
The global Diamond market is valued at xx million in 2017 and is expected to reach xx million by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Diamond.
Europe also play important roles in global market, with market size of xx million in 2017 and will be xx million in 2023, with a CAGR of xx%.
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Market Segment by Companies, this report covers
Market Segment by Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Construction & Mining