瓦齐尔顾问公司：2025年实验室培育钻石（LGD）的崛起研究报告：聚焦印度市场（英文版）

LGD supply has surged over 10x in six years, fueled by technological advancements, lower entry barriers, and declining reactor costs Prior to 2020, LGD producers saw high margins with low costs ($150 per carat) and high wholesale prices ($3,000 per carat), driving heavy investment in reactors and technology. Margins have shrunk as costs fell below $100/carat and wholesale prices dropped to ~$200/carat