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How Lab-Created Diamonds Could Change The Jewelry Industry

author-img By Mashum Mollah 5 Mins Read February 8, 2021 Last Updated on: December 23rd, 2024

lab-created Diamonds

The diamond—consisting of approximately 99.95 percent carbon—is the only jewel composed of one element. One trace element or many can make up the 0.05 percent that remains. While these atoms don’t constitute parts of a diamond’s essential chemical properties, some can affect its color or shape.

An iconic fixture in popular culture for decades, the diamond remains popular, especially as a gift. Diamond jewelry can be fitting when people seek an engagement ring for a fiancé or fiancée or want to give someone a new bracelet for their year anniversary.

A 2020 WeddingWire report revealed that diamonds were the most popular ring feature for married couples in 2019. Eighty-seven percent of engagement rings were diamond rings.

Today, people may consider more affordable, environmentally conscious alternatives to real diamonds that don’t raise ethical concerns: lab-created diamonds.  

Lab diamonds remain comparable in size and quality to natural diamonds but generally cost approximately 30 percent less, increasing their popularity. Below are ways lab diamonds differ from natural diamonds and how they could change the jewelry industry.

Lab-grown Diamonds: What Are They?

Lab-grown Diamonds: What Are They?

Lab diamonds are stones scientists make using robust technology to reproduce the Earth’s natural diamond growth process ecologically and safely. Experts estimate that one carat of natural diamond requires digging up over 200 tons of Earth, which emits approximately 143 pounds of carbon dioxide and more than two thousand ounces of air pollution.

Scientists can create an environment of high temperatures and pressure to encourage lab diamond growth. The stones grow per layer under specific gases, heat, and pressure conditions based on the technology and process utilized. Creating diamonds in the lab takes weeks, whereas it can take billions of years to form naturally.

Expert diamond cutters cut, facet, and polish lab-created diamonds before they get a classification. Gemologists provide independent analysis and grading of lab-created diamonds just as they do with actual diamonds.

The lab’s creation method results in stones like natural ones, enabling diamond companies such as Agape Diamonds to provide beautiful, high-quality Oval, Round, Pear, Emerald, Cushion, or Princess-shaped lab diamonds.

Lab-created Diamonds Can Bolster The Jewelry Industry

Lab-created Diamonds Can Bolster The Jewelry Industry

While experts estimate that the worldwide diamond jewelry market reached approximately $80 billion as of 2019, the industry has also experienced a decline of nearly two percent less than the previous year’s.

Still, lab-created diamonds are an industry development that enjoys steady growth. Industry projections have the lab-created diamond market reaching over five billion dollars by 2023, an estimated 22 percent growth from its value of almost two billion dollars in 2018.

According to experts, lab-created diamonds can reach between five and ten percent of the global diamond supply by 2035.

Advancements in technology that can enhance lab diamond production will likely drive the lab-created diamond market’s growth and take the diamond and jewelry fashion industry by storm. Creating diamonds in the lab is an efficient process that can impress eco-conscious customers looking for an environmentally sound piece of jewelry.

Lab diamonds have established themselves as high-quality, sustainable, reliable stones. The positive response to lab diamonds on the market demonstrates that these gems are strong contenders in the jewelry market and are here to stay. Agape Diamonds reviews, for instance, show customers’ satisfaction with lab diamonds.  

The lab-grown diamonds people purchase from Agape Diamonds are not only gorgeous and high-quality, but they’re also conflict-free. Agape Diamonds is a trusted company that provides customers with a certificate of authenticity for each purchase.  

Customers seeking a new ring can get what they’re looking for from Agape Diamonds, as this Tampa jeweler only sells new jewelry, allowing people to enjoy unique diamond earrings, engagement rings, bracelets, necklaces, pendants, and loose stones.

Why You Should Choose Lab-Grown Diamonds?

Why You Should Choose Lab-Grown Diamonds_

Natural diamonds are in demand more, but their supply is scarce; thus, the price of natural diamonds increases. However, not all of us have the money to purchase natural diamonds, so should we forget about purchasing diamonds? 

No, right. Instead, you should find an alternative way to purchase diamonds. Here is where lab-grown diamonds offer you an alternative to natural diamonds. So, below, we have listed why you should choose lab-grown diamonds. 

Affordability 

Anyone can afford a lab-grown diamond because it’s comparatively inexpensive compared to natural diamonds. You can purchase lab-grown diamond jewelry as it’s easily available in jeweler stores. However, try purchasing your lab-grown diamond from reputable stores when they can provide you with certificates of authenticity. 

Did you know that the cost associated with natural diamonds results from their availability? On the other hand, the lab-grown diamond manufacturing process is quick and less expensive. Therefore, you can easily get lab-grown diamonds at a lower cost. 

Additionally, you get to fulfill your wish of purchasing a diamond, which you couldn’t do if it were a natural diamond. I prefer wearing lab-grown diamonds because of safety reasons. If you lose a natural diamond, the chances of finding it are nil. 

Quality 

Lab-grown diamonds are of the same quality as mined diamonds and are measured in carats. It is hard to distinguish between a natural and lab-grown diamond because of the same molecular structure.  

Additionally, an expert gemologist will find it hard to differentiate these two types of gemstones without thorough testing. 

Ethically Sourced 

You can get the origin story of your lab-grown diamond and certification proving its authenticity.  So, you are guaranteed the information about the lab that created the diamonds and traced them. 

Additionally, you eliminate the ethical implications related to diamond mining where information like where and how the diamond was mined is missing. 

Eco-friendly And Sustainable 

Most lab-grown diamonds are sustainable if they are certified for zero emission. Today’s generation is looking for sustainability even when purchasing jewelry or stones. Thus, lab-grown diamonds are a great option if you are looking for sustainable jewelry.  

However, remember that most labs claim to be eco-friendly and sustainable but aren’t. Therefore, you should ask your jeweler for certification of zero-emission lab diamonds to get the best quality sustainable diamonds. 

Wrapping Up 

Agape Diamonds is transparent about the diamonds they offer, disclosing whether they are natural or lab-grown to customers. 

Whether someone prefers lab-grown diamonds to natural ones or vice versa, buying jewelry from this company guarantees their choice will have abundant brilliance and be a uniquely cut, satisfactory, conflict-free stone.

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Mashum Mollah

Mashum Mollah is an entrepreneur, founder and CEO at Viacon, a digital marketing agency that drive visibility, engagement, and proven results. He blogs at MashumMollah.com.

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