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The article said: The downstream of diamond tools includes building materials, machinery, mining, electronics, photovoltaics and other major areas. It is expected that the market penetration in various fields will be stepped and good structure will be developed in turn: applications in the fields of photovoltaics and LEDs will be realized from scratch. Breakthroughs will grow rapidly with the rapid growth of the industry; automotive machinery and other fields will mainly achieve breakthroughs in the Chinese market; traditional areas such as stone materials and building materials will continue to grow steadily. Initially, the global potential market for diamond materials and products has reached hundreds of billions of yuan, and the market for single crystal materials concentrated in China is also over 10 billion yuan, and the demand growth rate will maintain 25% CAGR. In addition, the current global division of labor in the diamond industry chain is China's control of upstream diamond single crystal synthesis, and developed countries have turned to the production of downstream polycrystalline composites and finished products. Different from other low-end manufacturing industries that rely on domestic labor and resource cost advantages to obtain the center of production capacity but with fierce competition and low profit margins, domestic synthetic diamond enterprises rely on independent research and development of six-sided synthetic press technology to win the European and American peers, and have passed the previous period. In the stage of disorderly competition, there are currently three leading companies with oligopoly and enjoy excessive profits. 
Shanghai Securities News: The diamond industry's potential replacement market is huge and high growth
Recently, the Shanghai Securities News pointed out that the diamond manufacturing industry, as one of the few high-end industries in China that relies on technological advantages and concentrates 90% of global production capacity, will be driven by emerging applications such as photovoltaics and LEDs, and will be ushered in the overall promotion of China's industrial upgrading. The peak of development. China's diamond synthesis companies will share this feast as a major player to achieve their own rapid growth.