Africa diamond mining market accounts for the largest share in the global diamond mining market.
The diamond mining market consists of sales of diamonds by entities (organizations, sole traders and partnerships) that mine diamonds of different carats. Industrial diamonds are mostly used in cutting, grinding, drilling, and polishing procedures.
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Diamond Mining Market Size
The diamond mining market is expected to reach a value of nearly $577 billion by 2022, significantly growing at a growth rate of around 5% during the forecast period. The growth in the diamond mining market is due to increasing population in developing countries such as China and India owing to the rise in disposable income, increased demand and availability of credit. However, the market for diamond mining is expected to face certain restraints from several factors such as interest rate increases, workforce issues, and safety.
Companies engaged in the diamond mining industry are using latest technologies like 3D printing to increase efficiency in their operations in the global diamond mining market.
With an increase in disposable income, improved earning capacity, emerging markets growth, the scope and potential for the global diamond mining market is expected to significantly rise in the forecast period.
Major players in the global diamond mining market include Rockwell Diamonds, Anglo American Plc, Gem Diamonds, Petra Diamonds, and Lucara.
Rockwell is engaged in the business of operating and developing alluvial diamond deposits. The company had an interest in producing and exploration alluvial diamond properties in southern Africa. The company also evaluates consolidation opportunities that have the potential to expand its mineral resources and production profile and provide accretive value to the company. Rockwell Diamonds has its headquarters in Vancouver, Canada. Rockwell has set a strategic goal to become a growth-oriented mid-tier diamond production company. Rockwell’s focus is on diamond value management by optimizing recovery and driving down unit costs, in order to provide shareholders with the potential for growth and added value.
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Few Major Points from Table of Contents:
6. Diamond Mining Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Diamond Mining Market Trends And Strategies
8. Diamond Mining Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Diamond Mining Market Regional Analysis
9.1. Global Diamond Mining Market, 2018, By Region, Value ($ Billion)
9.2. Global Diamond Mining Market, 2014 – 2022, Historic And Forecast, By Region
9.3. Global Diamond Mining Market, Growth And Market Share Comparison, By Region
10. Diamond Mining Market Segmentation
10.1. Global Diamond Mining Market, Segmentation By Type, 2014 – 2022, Value ($ Billion)
10.1.1. Jewelry Making
10.1.2. Industrial Applications
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