Global Lithopone Market Research Report 2021

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.
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%.

Market Analysis and Insights: Global Lithopone Market
The global Lithopone market was valued at US$ 156.1 million in 2020 and it is expected to reach US$ 189.4 million by the end of 2027, growing at a CAGR of 2.8% during 2021-2027.

Global Lithopone Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Lithopone Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
B301
B311
Others

Segment by Application
Paint & Coating
Plastic
Others

By Company
Xiangtan Red Swallow
Paris Horses
Shanghai Yuejiang
Langfang Hengze
Loman Chemical
Hebei Yuhuan
Xiangtan Swallow
Union Titanium

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E