What do you imagine first when hearing the word \u201cdiamond\u201d? Most likely, you see the boutique\u2019s windows that shine with the dazzling light of exquisite diamond jewelry. Yet, you are unlikely to think immediately about the dentist, or industrial facilities that use the diamonds no less extensively than the beauty industry.The most curious readers know that diamond is among the uniquely solid, durable, and enduring materials. Besides hardness and stiffness, it possesses an incredibly wide range of extraordinary properties. The diamond is known for its excellent capacity in electrical insulation, thermal conductivity and not expanding when being heated, transparency to ultraviolet light, and chemical inertia to almost all acids and bases.\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\tThese properties make the diamond extremely valuable material in a variety of areas from beauty and cosmetology to medicine, engineering, IT sphere and electronics, aviation, road building, and machinery. This list could be continued; moreover, it is expanded from year to year with new fields of application.It is worth mentioning that, similar to the fashion and beauty scenario, synthetic diamonds contributed significantly to the tendency of wide involving diamonds in a variety of industrial processes. Possessing the naturally-identical properties, lab-grown stones provide a wider range for manipulation with size, purity, and structure. Thus, while nature produces single-crystal diamonds, using technology enables men to bring to life polycrystalline stones which consist of several tiny diamond crystals. This feature significantly increases the heating potential and makes synthetic diamonds excellent heat spreaders to use in high-power electronic devices. Polycrystalline stones are also used to fashion more resistant surgical blades that are less blunted and the optical windows for high-powered CO2 lasers. Tiny lab-grown diamonds are the materials for saw blades used in cutting solid substances like marble and asphalt, for making drill bits used in the drilling of oil and gas, and in cosmetics as an exfoliant.Such a wide spectrum of use preconditioned the interest of many jewelry companies to synthetic diamonds as not only a beauty option but as a material for industrial purposes. Madestones is one of them which constantly increases the diamond trade volumes. What is more interesting is entering into the segment of the companies that are traditionally oriented on dealing with natural diamonds only.Thus, DeBeers, a company that used to set the business rules on the jewelry market and defended positions of natural gemstones, has started recently to produce lab-grown diamonds for the industry. It is more than an eloquent fact of enhanced market positions of synthetic diamonds that continue to become more stable and growing.