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Lithopone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 142 Pages
  • March 2023
  • Region: Global
  • IMARC Group
  • ID: 5743229

Quick Summary:

In the ever-evolving world of industry-grade materials, the global lithopone market is demonstrating accelerating growth due to the compound's versatile applications. Lithopone, a distinct white pigment with a characteristic fine texture, presents a compelling strength in a myriad of applications; from plastics such as polyolefin, polystyrene, to decorating interior wall surfaces. With superior coverage properties than white lead and faster dispersion qualities than traditional pigment-oil pastes, its widespread acceptance in myriad fields is climbing upwards.

Contemporary trends in this market indicate a rising utilization of lithopone due to its low binder requirement, making it a sought-after component in paints. With the plastic processing industry progressively leveraging lithopone for increased UV-tolerance of products, the market bears promising growth potential. The escalating demand for both interior and exterior paints in the residential and industrial sectors propels the market forward, with additional stimuli emerging from the dominant use of white plastic materials worldwide and evolution of plastic forming technology. The report on the global lithopone market offers key insights into these trends, valuable for anyone looking to capitalize on this growing market.

The global lithopone market size reached US$ 168.8 Million in 2022. Looking forward, the publisher expects the market to reach US$ 203.9 Million by 2028, exhibiting a CAGR of 3.2% during 2022-2028.

Lithopone is a white pigment for plastics, such as polyolefin, vinyl resins, acrylonitrile butadiene styrene (ABS) resin, polystyrene, polycarbonate, nylon, and polyoxymethylene (POM). It has a fine texture with the same tinctorial strength as pure zinc oxide and stronger covering properties than white lead. As it can spread more quickly compared to traditional pigment-oil pastes, lithopone finds application in decorating interior wall surfaces. Besides this, it is widely used in the manufacturing of inks, leather, paper, linoleum, and face powders.

Lithopone Market Trends:

Due to its low binder requirement, there is a rise in the usage of lithopone in paints. This, along with its growing utilization in the plastic processing industry to increase the ultraviolet (UV) tolerance of plastic products, represents one of the key factors driving the market. Moreover, the escalating demand for interior and exterior paints in the residential and industrial sectors is propelling the growth of the market. Apart from this, there is an increase in the employment of white plastic materials in consumer products worldwide. This, coupled with the rising development in plastic forming technology, is offering lucrative growth opportunities to industry investors. Furthermore, key market players are extensively investing in research and development (R&D) activities to introduce nanoscale and reinforced lithopone with increased weather resistance. Apart from this, the escalating demand for lithopone to fill tears and holes in leather goods is bolstering the growth of the market. The growing application of lithopone in the pigmentation of natural and synthetic elastomers is projected to strengthen the growth of the market as well as the overall sales and profitability of market players operating in the industry.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global lithopone market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.

Breakup by Product:

  • Lithopone 28%
  • Lithopone 30%
  • Lithopone 60%

Breakup by Application:

  • Paints and Coatings
  • Plastics
  • Printing Inks
  • Paper and Pulps
  • Rubber
  • Leather
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Elements, Anhui Union Titanium Enterprises Co. Ltd., Fengchen Group Co. Ltd, Heera Chemicals, Kremer Pigments Inc., Langfang Pairs Horses Chemical Co. Ltd, Natural Pigments Inc., Shanghai Yuejiang Titanium Chemical Manufacturer Co. Ltd., Titanos Group Limited, VB Technochemicals SA, Venator Materials PLC (Huntsman Corporation), Wuhu Loman Chemical Co. Ltd., Xiangtan Red-Swallow Chemical Co. Ltd. and Zhengzhou Vidar Water Industrial Co. Ltd.

Key Questions Answered in This Report:

  • How has the global lithopone market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global lithopone market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global lithopone market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Lithopone Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Product
6.1 Lithopone 28%
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Lithopone 30%
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Lithopone 60%
6.3.1 Market Trends
6.3.2 Market Forecast

7 Market Breakup by Application
7.1 Paints and Coatings
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Plastics
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Printing Inks
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Paper and Pulps
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Rubber
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Leather
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Others
7.7.1 Market Trends
7.7.2 Market Forecast

8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast

9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 American Elements
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Anhui Union Titanium Enterprises Co. Ltd.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Fengchen Group Co. Ltd
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Heera Chemicals
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Kremer Pigments Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Langfang Pairs Horses Chemical Co. Ltd
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Natural Pigments Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Shanghai Yuejiang Titanium Chemical Manufacturer Co. Ltd.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Titanos Group Limited
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 VB Technochemicals SA
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Venator Materials PLC (Huntsman Corporation)
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 Wuhu Loman Chemical Co. Ltd.
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.13 Xiangtan Red-Swallow Chemical Co. Ltd.
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.14 Zhengzhou Vidar Water Industrial Co. Ltd.
13.3.14.1 Company Overview
13.3.14.2 Product Portfolio

List of Figures
Figure 1: Global: Lithopone Market: Major Drivers and Challenges
Figure 2: Global: Lithopone Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Lithopone Market: Breakup by Product (in %), 2022
Figure 5: Global: Lithopone Market: Breakup by Application (in %), 2022
Figure 6: Global: Lithopone Market: Breakup by Region (in %), 2022
Figure 7: Global: Lithopone (Lithopone 28%) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Lithopone (Lithopone 28%) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Lithopone (Lithopone 30%) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Lithopone (Lithopone 30%) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Lithopone (Lithopone 60%) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Lithopone (Lithopone 60%) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Lithopone (Paints and Coatings) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Lithopone (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Lithopone (Plastics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Lithopone (Plastics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Lithopone (Printing Inks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Lithopone (Printing Inks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Lithopone (Paper and Pulps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Lithopone (Paper and Pulps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Lithopone (Rubber) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Lithopone (Rubber) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Lithopone (Leather) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Lithopone (Leather) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Lithopone (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Lithopone (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: North America: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: North America: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United States: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: United States: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Canada: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Canada: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Asia-Pacific: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Asia-Pacific: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: China: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: China: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Japan: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Japan: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: India: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: India: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: South Korea: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: South Korea: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Australia: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Australia: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Indonesia: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Indonesia: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Others: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Others: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Europe: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Europe: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Germany: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Germany: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: France: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: France: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: United Kingdom: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: United Kingdom: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Italy: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Italy: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Spain: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Spain: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Russia: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Russia: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Others: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Others: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Latin America: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Latin America: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Brazil: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Brazil: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Mexico: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Mexico: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Middle East and Africa: Lithopone Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Middle East and Africa: Lithopone Market: Breakup by Country (in %), 2022
Figure 75: Middle East and Africa: Lithopone Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Global: Lithopone Industry: SWOT Analysis
Figure 77: Global: Lithopone Industry: Value Chain Analysis
Figure 78: Global: Lithopone Industry: Porter's Five Forces Analysis

List of Tables
Table 1: Global: Lithopone Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Lithopone Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Lithopone Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Lithopone Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Lithopone Market: Competitive Structure
Table 6: Global: Lithopone Market: Key Players

Companies Mentioned

  • American Elements
  • Anhui Union Titanium Enterprises Co. Ltd.
  • Fengchen Group Co. Ltd
  • Heera Chemicals
  • Kremer Pigments Inc.
  • Langfang Pairs Horses Chemical Co. Ltd
  • Natural Pigments Inc.
  • Shanghai Yuejiang Titanium Chemical Manufacturer Co. Ltd.
  • Titanos Group Limited
  • VB Technochemicals SA
  • Venator Materials PLC (Huntsman Corporation)
  • Wuhu Loman Chemical Co. Ltd.
  • Xiangtan Red-Swallow Chemical Co. Ltd.
  • Zhengzhou Vidar Water Industrial Co. Ltd.

Methodology

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