According to a market report by Lucintel, the future of the global lithopone market looks promising with opportunities in the paint & coating, plastic, printing ink, paper & pulp, rubber, and leather markets. The global lithopone market is expected to reach an estimated $195.9 million by 2030 from $166.0 billion in 2024, at a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are rise in the employment of white plastic materials, increasing development in plastic forming technology, and growing demand for interior and exterior paints in the residential and industrial sectors.
A more than 150-page report to understand trends, opportunity and forecast in lithopone market to 2030 by product (lithopone 28%, lithopone 30%, and lithopone 60%), application (paints & coatings, plastics, printing inks, paper & pulp, rubber, leather, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product category, lithopone 28% will remain the largest segment over the forecast period due to its widespread application in paints and coatings, paper, rubber, ink, thermosetting plastics, leather, ceramics, and pigment..
Within the application category, paint & coating will remain the largest segment as lithopone helps in providing surface properties like UV resistance and resistance to fungicidal and algae growth.
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In terms of regions, APAC will remain the largest region over the forecast period due to rapid urbanization and the increase in industrial developments, particularly in the construction and automotive industries.
American Elements, Anhui Union Titanium Enterprises, Fengchen Group, Heera Chemicals, Kremer Pigments, Langfang Pairs Horses Chemical, Natural Pigments, Titanos Group, VB Technochemicals, Venator Materials are the major suppliers in the lithopone market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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