The Global Polycrystalline Diamond Market was valued at USD 860.10 million in 2023 and is projected to reach USD 1837.42 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 8.80% during the forecast period. This expansion is driven by surging demand from oil & gas drilling operations, advanced automotive manufacturing, and precision electronics production where PCD tools enable superior machining performance.
As manufacturing sectors increasingly adopt ultra-hard materials for mission-critical applications, polycrystalline diamond has become indispensable in industrial tooling. This report examines the Top 10 Polycrystalline Diamond Companies – from diamond synthesis pioneers to cutting tool innovators transforming material machining worldwide.
🔟 1. Element Six (E6)
Headquarters: Luxembourg
Key Offering: PCD Blanks, PDC Cutters
As a De Beers Group company, Element Six leads the industrial diamond technology sector. Their high-performance PCD solutions are integral to oilfield drill bits, machining tools, and extreme-wear industrial components.
Technology Leadership:
- Originator of high-pressure, high-temperature (HPHT) diamond synthesis technology
- Strategic collaborations with leading CNC machine manufacturers
- Breakthrough R&D in next-generation PCD composites for harsh environments
Download FREE Sample Report: Global Polycrystalline Diamond Market – View Detailed Research Report
9️⃣ 2. Hyperion Materials & Technologies
Headquarters: Worthington, Ohio, USA
Key Offering: PCD Inserts, PDC Cutters
Formerly Diamond Innovations, Hyperion dominates the superhard materials sector for drilling and precision machining applications. Their PCD product portfolio serves energy, automotive, and aerospace industries globally.
Technology Leadership:
- Industry-leading PCD formulations for specific material groups
- Specialized solutions for electric vehicle component machining
- Custom engineering services for mission-critical applications
8️⃣ 3. ILJIN Diamond
Headquarters: Seoul, South Korea
Key Offering: PCD Blanks, Wire Drawing Dies
ILJIN Diamond is Asia’s foremost industrial diamond innovator, supplying advanced PCD materials to toolmakers worldwide with dominant positions in wire drawing dies and precision cutting applications.
Technology Leadership:
- Cutting-edge PCD grades optimized for wood and composite materials
- Major production capacity expansion across Southeast Asia
- Strategic R&D focus on semiconductor manufacturing tools
7️⃣ 4. ChampionX (US Synthetic)
Headquarters: The Woodlands, Texas, USA
Key Offering: PDC Cutters, Drill Bits
Through its US Synthetic business unit, ChampionX delivers industry-leading PDC cutter technology for oilfield and geothermal drilling applications, with patented solutions that enhance performance in extreme conditions.
Technology Leadership:
- Pioneering thermally stable PDC (TSP) cutter technology
- Proprietary cutter designs optimized for shale formations
- Complete drilling system solutions from cutter to bit
Download FREE Sample Report: Global Polycrystalline Diamond Market – View Detailed Research Report
6️⃣ 5. Huanghe Whirlwind
Headquarters: Zhengzhou, China
Key Offering: PCD Blanks, PCBN Tools
As China’s premier synthetic diamond manufacturer, Huanghe Whirlwind provides cost-competitive PCD materials to domestic and international tool producers, playing a pivotal role in the Asian market.
Technology Leadership:
- Fully integrated production from diamond powder to finished tools
- Aggressive export expansion into emerging markets
- State-supported advanced materials research initiatives
5️⃣ 6. CR GEMS
Headquarters: Guangzhou, China
Key Offering: PCD Inserts, Cutting Tools
CR GEMS specializes in manufacturing and global export of PCD and CVD diamond cutting tools, serving metalworking, wood processing, and advanced composite material industries.
Technology Leadership:
- Custom PCD tool geometries for specific machining challenges
- Cost-optimized solutions for price-sensitive markets
- Rapid prototyping capabilities for custom tool development
4️⃣ 7. SF Diamond
Headquarters: Zhengzhou, China
Key Offering: PCD Blanks, Saw Blades
Among China’s largest synthetic diamond producers, SF Diamond supplies comprehensive PCD product lines for stone cutting, construction, and precision machining applications.
Technology Leadership:
- High-volume PCD blank manufacturing capabilities
- Specialized saw blade technologies for demanding applications
- Growing market penetration across Southeast Asia
3️⃣ 8. Henan Yalong Diamond
Headquarters: Nanyang, China
Key Offering: PDC Cutters, Mining Tools
Yalong Diamond focuses on PCD solutions for mining and heavy construction applications, with specialized formulations optimized for abrasive material processing.
Technology Leadership:
- Mining-specific PCD material formulations
- Strategic OEM partnerships with equipment manufacturers
- Cost-effective solutions for developing markets
2️⃣ 9. New Asia Superhard
Headquarters: Henan, China
Key Offering: PCD Blanks, Wire Drawing Dies
New Asia Superhard specializes in PCD materials for wire drawing and high-precision machining applications, exporting to over 30 countries with stringent quality certifications.
Technology Leadership:
- Advanced wire drawing die manufacturing expertise
- Flexible PCD blank dimensions and specifications
- Certified quality management for European markets
1️⃣ 10. Henan Jingrui New Material
Headquarters: Zhengzhou, China
Key Offering: PCD Inserts, Composite Materials
Jingrui New Material develops engineered PCD solutions for challenging materials, with specialized offerings for aerospace composites and precision engineering applications.
Technology Leadership:
- Advanced PCD formulations for CFRP machining
- Innovative coolant-through tool systems
- Technical collaborations with automotive OEMs
Get Full Report Here: Global Polycrystalline Diamond Market – View Detailed Research Report
🔮 Industry Outlook: The Next Frontier in Cutting Technology
The PCD sector is undergoing rapid transformation, driven by advanced manufacturing requirements and materials science breakthroughs. Emerging trends include ultra-fine diamond grain structures, novel binder systems, and hybrid PCD-CBN composites for specialized industrial applications.
📌 Key Market Growth Drivers:
- Accelerating adoption in electric vehicle battery and motor component manufacturing
- Expanding deepwater and unconventional oil & gas exploration activities
- Growing use of advanced composites in aerospace and defense sectors
- Industry 4.0 automation driving demand for longer-life precision tools
Get Full Report Here: Global Polycrystalline Diamond Market – View Detailed Research Report
The profiled companies demonstrate how polycrystalline diamond technology continues to redefine industrial machining through materials innovation and cutting-edge tooling solutions that push the boundaries of performance.
