Lab-grown diamonds have gained momentum in the past decade, challenging the monopoly of traditionally mined stones. These stones are crafted through complex technological processes that replicate the processes in which stones form in the earth's crust naturally. Two processes, High Pressure High Temperature (HPHT) and Chemical Vapor Deposition (CVD), enable the development of stones that are chemically, physically, and optically similar to naturally mined stones.
Though synthetically developed, lab-grown stones have similar brilliance, durability, and fire to naturally mined stones. Several factors, such as ethical concerns, environmentally friendly operations, and price, drive demand for them. Consumers have become increasingly concerned with the impact of their purchases and, therefore, perceive lab-grown stones as a go-to for guilt-free luxury.