Global Lithopone Market Expected to Witness a Sustainable Growth over 2023
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.
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Global Lithopone Market: Forecast by Type / Application / Region
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
Over the next five years, LPI(LP Information) projects that Lithopone will register a 2.7% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 140 million in 2017.
Global Lithopone Market: Key Players
Xiangtan Red Swallow
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United States Lithopone Market Research Report 2018
Europe Lithopone Market Research Report 2018
North America Lithopone Market Research Report 2018
Asia-Pacific Lithopone Market Research Report 2018
China Lithopone Market Research Report 2018
EMEA Lithopone Market Research Report 2018
Global Lithopone Market Research Report 2018
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