The global lithopone market is expected to grow at a CAGR of over 4% and reach a valuation of more than US$ 250 million by the end of the forecast period (2019-2027). The inorganic pigment industry has undergone significant advancements over the past decade.

New application areas, such as plastics, building & construction, and paints & coatings, have opened up new growth opportunities for the lithopone market. While demand remains moderate in Western economies, the Asia-Pacific (APAC) region is anticipated to experience above-average growth.

Lithopone's high mechanical performance and ease of extrusion are driving its consumption in plastic and glass-reinforced plastic manufacturing. Innovations and technical advancements have led to increased use of additives, further boosting lithopone's application across various sectors.

These developments are expected to positively impact market growth by expanding lithopone's use in new applications in the near future.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=4481

Key Takeaways of Lithopone Market

Rubber is the most important application of lithopone. Rubber compounding remains significant area for lithopone consumption and the segment is expected to grow at a CAGR of over 5%, says Fact.MR
According to the Fact.MR study, high mechanical performance in plastic amps up the demand of lithopone in plastic manufacturing and the plastic segment will experience growth of over 4% in the foreseeable future
Demand has remained stagnant in western countries, while market has shown an increase in Asia-Pacific countries such as China, India, South Korea, Taiwan and others Asia-Pacific is anticipated to experience significant growth of over 5% in the long term forecast period.
China has taken a leading position with more than one third share in lithopone market and has become the major global supplier. The rapid development in China’s chemical manufacturing as well as increased demand for functional additives in domestic plastic production has propelled the Chinese lithopone market
Market is considerably fragmented in nature with the majority of players based in China
“Increasing demand for advanced solution in plastic and rubber industries have soared consumption of pigments and additives to enhance the overall performance of lithopone market in long term forecast period.” says the Fact.MR analyst

Read More: https://www.factmr.com/report/4481/lithopone-market

Innovative and Sustainable Solutions to Drive Growth

To enhance their global market presence, companies should prioritize strategic partnerships and investments in new product development. This approach is crucial for expanding lithopone usage across emerging applications, meeting the rising demand in various sectors. Key players in the global lithopone market include VB Technochemicals SA, Kremer Pigments, Zhengzhou Chemicals, and others.

Explore In-Depth Insights on the Lithopone Market

Fact.MR provides a comprehensive analysis of the global lithopone market, featuring historical demand data (2013-2018) and forecasts for 2019-2027. The study offers valuable insights into market dynamics based on product types (Lithopone 28%, Lithopone 30%, Lithopone 60%) and applications (Paints & Coatings, Plastics, Printing Inks, Rubber, Leather, and Others) across various regions.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=4481

Global Lithopone Market: In-Depth Assessment on Key Segments

The global lithopone market is segmented on the basis of product, application and region.

By Product :
Lithopone 28%
Lithopone 30%
Lithopone 60%
By Application :
Paints & Coatings
Plastics
Printing Inks
Paper & Pulp
Rubber
Leather
Linoleum Flooring
By Region :
North America
Latin America
Europe
APAC
MEA
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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