A significant rise in the market growth can be attributed to the growing automotive industry that extensively relies on industrial diamonds for machining abrasive alloys and cast iron. They are also required for grinding, drilling, and polishing hard materials like stones. This, along with the increasing construction activities, is influencing the market growth. As various governments focus on infrastructure development, such as water supply, transportation, energy networks, and telecommunication, increasing urbanisation is supporting the rise of the construction industry.
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