What is Lithopone Market?
Lithopone is a white pigment powder containing of a mixture of inorganic compounds, barium sulfate & zinc sulfide. It is used in interior paints & in some enamels. It is extensively used for white paint. The increasing adoption of lithopone is attributed to cheap production costs coupled with greater coverage. The Lithopone came in many variety which vary in percent of zinc sulfide, such as B301, B311, as well as others. It is produced by precipitation through filtering, heating & quenching works. Lithopone is also used as a substitute to titanium dioxide as it is comparatively much cheaper. It is also used as a base for lake pigment & used as an inert pigment for ink, paint, & cosmetics as well as in a large variety of applications in plastic industry. It is used as a filler in leather, paper, and linoleum.
The market study is being classified by Type (B301, B311 and Others), by Application (Paints & Coatings, Plastic, Rubber, Pulp & Paper and Others) and major geographies with country level break-up.
Venator Materials PLC. (United Kingdom), E. I. du Pont de Nemours and Company (United States), Shanghai Yuejiang Titanium Chemical Manufacturer Co., Ltd. (China), Xiangtan Swallow Chemical Co., Ltd (China), Loman Chemical Co., Ltd (China), Anhui Union Titanium Enterprise Co., Ltd (China), Qingdao Edil Chemical,.Co. Ltd (China), Sakshi Dyes & Chemicals (India), Zaozhuang Weicheng Chemical Technology Co., ltd (China) and Langfang Pairs Horses Chemical Co, Ltd (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Triveni chemicals (India) and A. B. Enterprises (India).
The brands of lithopone of the normal class that of chemical manufacture, are marketed under such names as Ponolith, Beckton White, Jersey Lily White, Oleum White, as well as Zinc Sulphide White. Research Analyst at AMA predicts that Chinese, Indian, United Kingdom, and United States Vendors will contribute to the maximum growth of Global Lithopone market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Lithopone market by Type, Application and Region.
On the basis of geography, the market of Lithopone has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Use of Lithopone into Emulsion Paints
- Increasing Demand from End Use Industries
Restraints
- Availability of Alternatives Such as Titanium Dioxide as a Main Raw Material in the Production of Emulsion Paints
Opportunities
- Untapped Opportunities from Emerging Markets
- Growing Pants and Coatings Industry in Emerging Markets
As per United States FDA (Food and Drug Administration), use of color additive, Lithopone is no longer authorized for COSMETIC use. Lithopone use is not authorized in products that are for use in the area of the eye. These restrictive regulations are likely to impact the growth of global Lithopone market over the near future.
Key Target Audience
Lithopone Manufacturers, Raw Materials Suppliers, Government and Research Organizations, Industry Associations, End Users and Others