Report Code: A07833 | Pages: NA | Mar 2023 | 1389 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Diamond Wire Market
Request Now !Diamond wire is a metal wire or cable impregnated with diamond dust of various sizes to cut through materials. Diamond wires are used for the mass production of sapphire and silicon. This wire significantly increases the productivity in cutting techniques and provides downstream benefits. It is originally an option for cutting composite materials and carbon fibers. Diamond wire undergoes several processes such as electroplating in which the diamond particles attach to steel wire. High abrasive density wire is available and used for some special applications in the market. The composition of the diamond wire is micron-sized particles of diamond beads and grains with a solid core wire.
COVID-19 impact analysis
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
The use of diamond wire in industries for high production of silicon and sapphire boosts the demand for diamond wire. In addition, rapid urbanization is the major driver of the industry, which led to increase in of constructional activities such as the building of residential houses and malls. This, in turn, augmented the demand for diamond wire. Furthermore, developing technologies such as artificial intelligence and IoT devices and research power will become the backbone for the industry. The usage of diamond wire in the market is an eco-friendly process, which significantly contributes toward the growth of the global market. However, the major restraints for the industry are the prices of the diamond wire and their costly equipment for the cutting process. Furthermore, increase in demand and supply gap of diamond wire due to the insufficiency of raw materials hampers the market growth.
Key benefits of the report
Diamond Wire Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | Asahi Diamond, Diamond Puber, SCHMID, A.L.M.T, Tony Tech, READ, Metron, Nakamur Chouckou, Henan Yicheng, Nortiake |
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