New Report Indicates Market for Diamond and Diamond-Like and CBN Films and Coating products to be Worth $1.7 billion in 2015

According to a new technical market research report, Diamond and Diamond-Like and CBN Films and Coating Products (AVM025G) from BCC Research, the global market value of diamond and diamond-like and CBN films and coating products is an estimated $904.5 million in 2010, but is expected to increase to more than $1.7 billion in 2015, for a 5-year compound annual growth rate (CAGR) of 14.1%.

Diamonds have long held a special place in the hearts and minds of both scientists and the public at large. Diamonds are the hardest material known and have the highest thermal conductivity among all known materials. Combined with these important properties, diamonds have very low thermal expansion and high electrical resistance.
Because of their hardness, diamonds are far more effective and efficient than other competing materials used for abrasive, cutting, shaping, or finishing tools. The very high thermal conductivity of diamonds makes them ideal for spreading and conducting heat out of compact, high-power, high-speed electronic packages.

A low-pressure technique to produce diamonds, using chemical vapor deposition (CVD), drew worldwide attention in the mid-1980s. There has been an explosion of interest in CVD diamond, diamond-like, and cubic boron nitride (CBN) films and coatings. These films are expected to be used in a variety of applications, from cutting tools to wear-resistant parts and from electronics to optical applications. One advantage of CVD diamond technology over high-pressure technology is low cost and its ability to coat any shape.
This report has been prepared with the following objectives:

  • To provide a technological overview of the various diamond, diamond-like, and CBN thin films and coated products, their production technologies, and status of the current and emerging technologies
  • To identify and describe existing and new applications for the products
  • To identify the technological and business issues related to the development and commercial production of the products
  • To determine the current size and future growth of the U.S. and worldwide markets for the products
  • To analyze domestic and foreign competition among companies within diamond, diamond-like, and CBN films and their product market segments
  • To identify and profile U.S. and foreign producers and those entities involved in the development of these products
  • To conduct a patent analysis to evaluate the international competition in the issuance of patents between countries and companies.

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