Press release
Global Diamond Coatings Industry Analysis By Geography
Diamonds are one of the hardest materials that man has known due to which it is far more effective and efficient than other materials which are used for abrasive, cutting, shaping, or finishing tools and have the highest thermal conductivity among all known materials. Diamonds also have very low thermal expansion and high electrical resistance. Their very high thermal conductivity makes them ideal for spreading and conducting heat out of compact, high-power, high-speed electronic packages. Some of the major benefits include high thermal conductivity, low coefficient of friction, maximum surface hardness, and exceptional wear properties. In terms of application, diamond coatings offer an excellent solution for a wide range of surface performance issues.
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Asia Pacific is projected to have the highest CAGR over the forecast period due to its growing end-use industries, increasing domestic demand and income levels. Owing to the availability of cheap labor and economical and accessible raw materials, there are significant foreign investments, which are also driving the market growth in the region. Local manufacturers in APAC are successfully providing similar diamond coated tools and equipment at lower costs.
Some of the key players profiled in the Diamond Coatings Market include Advanced Diamond Technologies, Inc, Anglo American Plc, Blue Wave Semiconductors, Crystallume, D-Coat GmbH, Diamond Product Solutions, Element Six, JCS Technologies, John Crane, NeoCoat SA, OC Oerlikon Management AG, SP3 Diamond Technologies, Surface Technology Inc, and United Protective Technologies LLC.
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