Why Lab-grown Diamonds Gained Such Popularity?

by ABD Diamonds Pvt. Ltd. Leading Diamond Manufacture & Supplier

The popularity of lab-grown diamonds has certainly been on a rise in the past few years and it is only going to increase. We are all aware of the impact of technology on our life, but mostly the mention revolves around healthcare, online ordering, internet and smart devices to name a few. The lab-grown diamonds have impacted the diamond industry in a positive way. In about the past 10 years, we have got exposed to the harmful effect the traditional diamond industry has on our environment. Technology definitely improved the conventional diamond mining systems; however, young diamond lovers are getting more inclined towards the lab-grown diamonds. Due to their increasing popularity, diamond manufacturers are also manufacturing more lab diamonds than ever before.

Let’s take a look at some of the reasons why lab-grown diamonds are so popular:

1. They are environment friendly

It may really come to you as a shocker that air emissions on a mined diamond of single carat is about 1.5 billion times higher than that of a lab-grown diamond. Lab-grown diamonds are environment friendly and hence they are becoming increasingly popular.

2. Manufacturing is safer for people

Diamond mining has been considered as one of the most dangerous professions across the world. Since, it was not safe for people to work in the diamond mining industry; natural diamond was also called ‘Blood Diamond’. With growing awareness and from an ethical perspective, people and diamond manufacturers slowly moved to lab-grown diamonds which is why the lab-grown diamond industry has bloomed so rapidly in the past few years.

3. Greater purity

Lab-grown diamonds have proven to be purer than mined diamonds, as the former do not contain dirt or any other sort of impurities. Besides, they have a better crystal structure as they are manufactured with high precision under extremely controlled conditions. As a result, they are better, brighter and whiter than their natural counterparts.

4. Comparatively inexpensive

Lab-grown colored diamonds are priced competitively as compared to natural colored diamonds. Natural colored diamonds are way costlier due to their rarity value. Lab-grown diamonds are about 20 to 30 percent less expensive as compared to mined diamonds. Since, lab-grown colored diamonds are pocket-friendly; they are quite popular among diamond buyers.

Synthetic diamond industry is on a roll and according to a study lab-grown diamonds will account for upto 420 million dollars of sales in year 2019. If you have any questions about how lab-grown diamonds are manufactured by diamond manufacturers, feel free to get in touch with us.