Lithopone Market Analysis

Lithopone Market Analysis

Lithopone 28% market size may exceed USD 120 million in the estimated timeframe. It has 28% zinc content in form of zinc sulphide. B301 owing to strong reducing influence is extensively utilized in several industries including rubber and paper. Initiatives for global literacy has increased schools count, hence fostering paper demand which may enhance the market size.
 

Lithopone 60% market size may witness strong gains up to 2.5% by the end of 2025. It has 60% zinc content as zinc sulphide. The product due to resistance improving properties against light is utilized in rubber industry. Rising industrial rubber demand owing to increasing manufacturing activities will foster lithopone demand in rubber industry thus, propelling the market growth.
 

Lithopone market size from paints & coatings application is predicted to surpass USD 80 million by 2025. Paints and coatings owing to their corrosion and rust prevention properties are widely utilized in automotive applications. B301 helps to increase the coating’s lifespan while reducing film cracking which may stimulate lithopone industry size.
 

Plastics application may witness strong gains over 3.0% by 2025.  The product helps to increase extruder yields and decrease processing costs for manufacturing plastics. Rising plastics demand owing to its diverse applications in packaging and automotive sectors will boost industry growth.
 

Printing inks application is expected to surpass USD 30 million in the estimated timeframe. The product is an opaque pigment and functions as an extender in inks. It helps to increase ink’s volume without impacting its viscosity. Rising printing ink industry owing to increased consumption of packaging and graphics inks will boost lithopone demand as an extender.
 

Asia Pacific led by South Korea, Australia, India, and Japan lithopone market may witness strong gains over 3.0% by 2025. The product helps to improve colour retention thus, has applications in paints & coatings industry. Increasing investments in paint and coating industry for new product developments will boost the market growth.
 

North America driven by Mexico, Canada, and U.S. lithopone industry size is expected to surpass USD 55 million in the estimated timeframe. The product functions as a filler in paper & pulp industry. The product owing to optical properties improving nature is used for manufacturing paper. Rising paper demand owing to increasing packaging paper utilization will foster product demand.
 

Brazil market may witness substantial growth in the forecasted timeframe owing to rising leather industry growth. The product functions as a filler in leather industry. Brazil is one of the largest leather producers. Rising leather demand for manufacturing luxurious garments and boots will foster leather production which will boost the market size.