Lithopone Market Is Expected to 170 Million Usd by the End of 2025

Lithopone Market assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.

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Los Angeles, CA -- (SBWire) -- 04/18/2019 --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

The global Lithopone market was 140 million US$ in 2018 and is expected to 170 million US$ by the end of 2025, growing at a CAGR of 2.8% between 2019 and 2025.

This report studies the Lithopone market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lithopone in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Xiangtan Red Swallow

Paris Horses

Shanghai Yuejiang

Langfang Hengze

Loman Chemical

Hebei Yuhuan

Xiangtan Swallow

Union Titanium

By the product type, the market is primarily split into

B301

B311

Others

By the end users/application, this report covers the following segments

Paint & Coating

Plastic

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