Global Lithopone Market Growth 2023-2029

Global Lithopone Market Growth 2023-2029

Lithopone is a mixture of inorganic compounds, widely used as a white pigment powder. It is composed of a mixture of barium sulfate and zinc sulfide. These insoluble compounds blend well with organic compounds and confer opacity. Related white pigments include titanium dioxide, zinc oxide ("zinc white"), and zinc sulfide.
LPI (LP Information)' newest research report, the “Lithopone Industry Forecast” looks at past sales and reviews total world Lithopone sales in 2022, providing a comprehensive analysis by region and market sector of projected Lithopone sales for 2023 through 2029. With Lithopone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithopone industry.
This Insight Report provides a comprehensive analysis of the global Lithopone landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lithopone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lithopone market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithopone and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithopone.
The global Lithopone market size is projected to grow from US$ 156.9 million in 2022 to US$ 191.7 million in 2029; it is expected to grow at a CAGR of 191.7 from 2023 to 2029.
Market competition is concentrated. Xiangtan Red Swallow, Paris Horses, Shanghai Yuejiang, etc. are the main players of the industry, totally with above 31% market share.
China is the largest supplier of lithopone, with a production market share nearly 91%. Due to pollution problems, developed countries are no longer produced lithopone.
China is the largest consumption place, with a consumption market share nearly 33%. Following China, Europe is the second largest consumption place with the consumption market share of 20%.
The classification of lithopone includes B301, B311 and others, and the proportion of B301 is about 57%. Lithopone is widely used in paint & coating, plastic and other field. The most proportion of lithopone is paint & coating, and the consumption proportion is about 75%.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithopone market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
B301
B311
Others
Segmentation by application
Paint & Coating
Plastic
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Xiangtan Red Swallow
Paris Horses
Shanghai Yuejiang
Langfang Hengze
Loman Chemical
Hebei Yuhuan
Xiangtan Swallow
Union Titanium
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lithopone market?
What factors are driving Lithopone market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lithopone market opportunities vary by end market size?
How does Lithopone break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.