Global Diamond Mining Industry Report 2015-2019 - Key Vendors are ALROSA, De Beers, Dominion Diamond, Gem Diamonds, Lucara Diamond, Petra Diamonds, Rio Tinto & Stornoway Diamond

Jan 18, 2016, 08:10 ET from Research and Markets

DUBLIN, Jan. 18, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/h6p3l7/diamond_mining) has announced the addition of the "Diamond Mining Industry 2015-2019" report to their offering.

The diamond mining industry to grow at a CAGR of around 5% during the forecast period

The increased demand from emerging markets such as China and India for diamond jewelry is driving the growth of this industry

The environmental issues arising due to diamond mining is expected to pose challenges for the growth of the market during the forecast period. Diamond mining uses a variety of mining methods, some of which include the evacuation of large amounts of soil from the earth, causing land unsettlement. The mining activities also lead to the removal of other minerals and huge carbon footprints. As a result, new regulations are being set up to ensure evacuation, stockpiling and return of other minerals to allow the region to come back to its natural state.

Industrial applications dominated the market during 2014 with a market share of 70%. This research report predicts this segment to reach a market volume of 105 karats by the end of 2019. Small pieces of diamonds are fixed in a saw blade or a grinding wheel for cutting, drilling, or grinding. Powdered diamond is made into a paste and used for polishing.

Africa accounted for 53% of the market share during 2014 and is predicted to retain its leadership until the end of 2019 with a growth rate of 6%. The growth of the diamond industry in this region is due to a large number of mines present in this region. South Africa is the market leader in this region contributing nearly 53% of the revenue.

The diamond mining market is highly competitive due to the presence of numerous players. The industry has been witnessing consolidation with the smaller entities being acquired by major vendors. Most of the vendors invest heavily in R&D to succeed in this intensely competitive market.

The leading vendors in the market are

  • ALROSA
  • De Beers
  • Dominion Diamond
  • Gem Diamonds
  • Lucara Diamond
  • Petra Diamonds
  • Rio Tinto
  • Stornoway Diamond

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by applications

Part 07: Geographical segmentation

Part 08: Key leading countries

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

Part 14: Vendor landscape

Part 15: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/h6p3l7/diamond_mining

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



RELATED LINKS

http://www.researchandmarkets.com
http://www.researchandmarkets.com