The global Lithopone market was valued at 14.5 Million USD in 2021 and will grow with a CAGR of 2.83% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.The classification of lithopone includes B301, B311 and others, and the proportion of B301 in 2016 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% in 2016. China is the largest supplier of lithopone, with a production market share nearly 91% in 2016. Due to pollution problems, developed countries are no longer produced lithopone. China is the largest consumption place, with a consumption market share nearly 33% in 2016. Following China, Europe is the second largest consumption place with the consumption market share of 20%. Market competition is concentrated. Xiangtan Red Swallow, Paris Horses, Shanghai Yuejiang, etc. are the main players of the industry

By Market Verdors:

Xiangtan Red Swallow

Paris Horses

Shanghai Yuejiang

Langfang Hengze

Loman Chemical

Hebei Yuhuan

Xiangtan Swallow

Union Titanium

By Types:

B301

B311

By Applications:

Paint & Coating

Plastic

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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