A recent research report published by Transparency Market Research projects the global synthetic diamond market to expand at a CAGR of 7.2% during the period between 2019 and 2027. The report, titled “Synthetic Diamond Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 - 2027,” estimates the global Synthetic Diamond to reach US$ 34.3 Bn by 2027, from US$ 18.3 bn in 2018.