Lab-grown diamond industry

This report offers some of the most interesting facts relating to the worldwide lab-grown diamond industry. Lab-grown diamonds, also known as synthetic diamonds, man made diamonds, or cultured diamonds, have the same physical properties of natural diamonds because they are created in a lab using technology that replicates the natural diamond growing process. Diamonds have long been recognized for their beauty as a gemstone, but are also used for industrial and investment purposes. Lab-grown diamonds are a relatively new entry to the diamond market, but cost less than natural diamonds and do not have the social and environmental impact that is sometimes associated with natural diamond mining. This report provides an overview of global key figures and prices of lab-grown diamonds as well as a comparison to natural diamonds. It also includes chapters that focus on the environmental impact of lab-grown diamonds and the lab-grown diamond industry in the United States.