Industrial diamonds are unevenly shaped and have poor color, but they are essential in the current metalworking and mining sectors.
Increased demand for high-strength abrasives for a variety of industrial applications, as well as rising disposable income and general regional economic expansion, are the primary growth drivers of the Industrial Diamond Market globally. However, safety concerns about the transport and export of industrial diamonds, as well as competitive replacement materials in terms of cost-effectiveness, are the primary barriers to the market's expansion.
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