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    The global Synthetic Diamond Market held a notable revenue by end of 2017.Factors such as, low cost of grown diamonds than mined diamonds make them more adoptable and affordable in numerous applications. The demand for synthetic diamond is also strong in industrial application.

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    Market Trends in Global Lab Grown Diamonds Market De Beers Group has planned to open a facility in Oregon with a goal to produce 500,000 synthetic carats a year by the end of 2020. As compared to an average discount of 1 lab grown diamond from January 2018, it has grown from around 30% to 40%.

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    Lab Grown (Synthetic) Diamonds Market : Global Demand

    Market Trends in Global Lab Grown Diamonds Market De Beers Group has planned to open a facility in Oregon with a goal to produce 500,000 synthetic carats a year by the end of 2020. As compared to an average discount of 1 lab grown diamond from January 2018, it has grown from around 30% to 40%.

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