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Lithopone Market by Application (Paints and Coatings, Plastics, Printing Inks, Paper and Pulps, Rubber, Leather, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A10663
Pages: 195
Mar 2021 | 515 Views
 
Author(s) : Ashwin Ponnappan, Pratik Mandon , Eswara Prasad
Tables: 58
Charts: 45
 

COVID-19

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Lithopone Market Outlook - 2020–2027

The global Lithopone market size was valued at $169.8 million in 2019, and is projected to reach $218.6 million by 2027, growing at a CAGR of 3.3% from 2020 to 2027.

The pandemic led to delays in numerous construction projects globally, wherein Lithopone is used in road-marking paints. Hence, delays in road construction hit the demand for white pigments such as Lithopone..

Lithopone is an inorganic white pigment, obtained from co-precipitation of Zinc sulfide (ZnS) and Barium sulfate (BaSO4). As a white pigment, it acts as a cost-effective alternative for TiO2. Some of the properties of Lithopone include high brightness and performance under UV exposure. Lithopone requires less wetting agent to achieve optimum wetting of its surface. It is commercially graded on the basis of amount of ZnS. Its grades include 28%, 30%, and 60% ZnS. As a comparatively inexpensive white pigment, Lithopone is presently used in various paint formulations, road marking paints, jointing compounds, and putties.

Lithopone-Market-2020-2027

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Due to its low binder requirement, lithopone provides paints with good flow and application properties. In the plastic processing industry, it is added to plastics to increase the plastic product’s UV tolerance, thus increasing its outdoor life. In the leather industry, it is one of the sulfide-based white pigments. It is also used in the production of linoleum floorings. 

Developments in the paints & coatings industry and increase in plastic products are some of the major drivers of the global Lithopone market. It is used in paints and coating systems such as emulsion paints, as a partial replacement for Titanium Dioxide (TiO2) without loss of quality. The demand for white pigments in the plastic processing industry is projected to grow during the forecast period. Lithopone is added to plastic resin systems to enhance UV protection of the final plastic products that includes outdoor plastics and automotive plastics. It is used as a white pigment for plastics such as polyolefin, vinyl resin, ABS resin, polystyrene, polycarbonate, nylon, and polyoxymethylene (POM). It ensures that UV rays do not penetrate and damage the product and its appearance.  

The major restraint to the global Lithopone market is the availability of numerous white pigment substitutes. It can be replaced by other inorganic white pigments such as Titanium Dioxide (TiO2) and Sachtolith. Among these substitutes, the introduction of TiO2 has reduced the commercial importance of Lithopone white pigment. Compared to other white pigments, TiO2 has high brightness and refractive index, which results in lower pigment loading. 

Developing new Lithopone formulations, one that enhances the properties of the existing Lithopone is anticipated to boost the demand for Lithopone white pigment during the forecast period. Reinforced Lithopone is one such development, wherein a copolymer is added to the polymerization reaction to yield Lithopone with increased weather resistance. Moreover, development of nano-scale Lithopone is anticipated to attract market interest during the forecast period. 

The Lithopone market is segmented into application, and region. The major applications studied in the global Lithopone market report include paints & coatings, plastics, printing inks, paper & pulps, rubber, leather, linoleum, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. 

The global Lithopone market is highly consolidated and a major bulk of Lithopone is produced in China. Some of the major Lithopone producers include Anhui Union Titanium Enterprise Co. Ltd., Fengchen Group Co. Ltd., Henan Premtec Enterprise Corporation, Langfang Pairs Horses Chemical Co. Ltd., Natural Pigments Inc., Noah Technologies Corporation, Titanos Group, VB Technochemicals SA, Venator Materials PLC, and ZhengZhou Sino Chemical Products Co. Ltd.

The global Lithopone market report provides in-depth competitive analysis as well as profiles of these major players.

Lithopone market, by region 

Asia-Pacific accounted for the largest revenue share in 2019. China and India are the key markets in the region that have a growing paint and plastics industry, owing to rise in urbanization and industrial developments such as in automotive and construction domains. 

Lithopone Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific is the fastest growing segment

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Lithopone market, by Application

The paints & coatings segment contributed the largest in the global Lithopone market share. It is added to paint as a white pigment to enhance its surface properties such as UV resistance and resistance to fungicidal and algae growth. 

Lithopone Market
By Application

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Paints and Coatings segment is the fastest growing segment

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Key benefits for stakeholders

  • Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • It outlines the current Lithopone market trends and future estimations from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, & opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Key Market Segments

By Application

  • Paints & Coatings
  • Plastics
  • Printing Inks
  • Paper & Pulps
  • Rubber
  • Leather
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key players in the global Lithopone market are:

  • Anhui Union Titanium Enterprise Co. Ltd.
  • Fengchen Group Co. Ltd.
  • Henan Premtec Enterprise Corporation
  • Langfang Pairs Horses Chemical Co. Ltd.
  • Natural Pigments Inc.
  • Noah Technologies Corporation
  • Titanos Group
  • VB Technochemicals SA
  • Venator Materials PLC
  • ZhengZhou Sino Chemical Products Co. Ltd.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key Market Segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Porter's five forces analysis

3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Use of Lithopone in the paints & coatings industry:
3.3.1.2.Growing use of Lithopone in the plastics processing industry
3.3.1.3.Increasing end-uses of rubber products:

3.3.2.Restraint

3.3.2.1.Availability of alternative inorganic white pigments, mainly Titanium Dioxide (TiO2) pigments

3.3.3.Opportunities

3.3.3.1.New product development

3.4.Value chain analysis
3.5.Impact of key regulation
3.6.Impact of COVID-19 on the global Lithopone market
3.7.Patent analysis, 2015–2021

CHAPTER 4:LITHOPONE MARKET, BY APPLICATION

4.1.Overview

4.1.1.Market size and forecast

4.2.Paints & Coatings

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region

4.3.Plastics

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region

4.4.Printing Inks

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region

4.5.Paper and Pulps

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region

4.6.Rubber

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region

4.7.Leather

4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast, by region

4.8.Others

4.8.1.Key market trends, growth factors, and opportunities
4.8.2.Market size and forecast, by region

CHAPTER 5:LITHOPONE MARKET, BY REGION

5.1.Overview

5.1.1.Market size and forecast

5.2.North America

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by application
5.2.3.Market share analysis, by country
5.2.4.U.S.

5.2.4.1.Market size and forecast, by application

5.2.5.Canada

5.2.5.1.Market size and forecast, by application

5.2.6.Mexico

5.2.6.1.Market size and forecast, by application

5.3.Europe

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by application
5.3.3.Market share analysis, by country
5.3.4.Germany

5.3.4.1.Market size and forecast, by application

5.3.5.France

5.3.5.1.Market size and forecast, by application

5.3.6.UK

5.3.6.1.Market size and forecast, by application

5.3.7.Spain

5.3.7.1.Market size and forecast, by application

5.3.8.Italy

5.3.8.1.Market size and forecast, by application

5.3.9.Rest of Europe

5.3.9.1.Market size and forecast, by application

5.4.Asia-Pacific

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by application
5.4.3.Market share analysis, by country
5.4.4.China

5.4.4.1.Market size and forecast, by application

5.4.5.Japan

5.4.5.1.Market size and forecast, by application

5.4.6.India

5.4.6.1.Market size and forecast, by application

5.4.7.South Korea

5.4.7.1.Market size and forecast, by application

5.4.8.Rest of Asia-Pacific

5.4.8.1.Market size and forecast, by application

5.5.LAMEA

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by application
5.5.3.Market share analysis, by country
5.5.4.Brazil

5.5.4.1.Market size and forecast, by application

5.5.5.Saudi Arabia

5.5.5.1.Market size and forecast, by application

5.5.6.South Africa

5.5.6.1.Market size and forecast, by application

5.5.7.Rest of LAMEA

5.5.7.1.Market size and forecast, by application

CHAPTER 6:COMPETITIVE LANDSCAPE

6.1.Introduction

6.1.1.Market player positioning, 2019

6.2.Product mapping of top 10 players
6.3.Competitive heatmap

CHAPTER 7:COMPANY PROFILES

7.1.ANHUI UNION TITANIUM ENTERPRISE CO. LTD.

7.1.1.Company overview
7.1.2.Company snapshot
7.1.3.Product portfolio

7.2.FENGCHEN GROUP CO. LTD.

7.2.1.Company overview
7.2.2.Company snapshot
7.2.3.Product portfolio

7.3.HENAN PREMTEC ENTERPRISE CORPORATION

7.3.1.Company overview
7.3.2.Company snapshot
7.3.3.Product portfolio

7.4.LANGFANG PAIRS HORSES CHEMICAL CO. LTD.

7.4.1.Company overview
7.4.2.Company snapshot
7.4.3.Product portfolio

7.5.NATURAL PIGMENTS INC.

7.5.1.Company overview
7.5.2.Company snapshot
7.5.3.Product portfolio

7.6.NOAH TECHNOLOGIES CORPORATION

7.6.1.Company overview
7.6.2.Company snapshot
7.6.3.Product portfolio

7.7.TITANOS GROUP

7.7.1.Company overview
7.7.2.Company snapshot
7.7.3.Product portfolio

7.8.VB TECHNOCHEMICALS SA

7.8.1.Company overview
7.8.2.Company snapshot
7.8.3.Operating business segments
7.8.4.Product portfolio

7.9.VENATOR MATERIALS PLC

7.9.1.Company overview
7.9.2.Company snapshot
7.9.3.Operating business segments
7.9.4.Product portfolio
7.9.5.Business performance

7.10.ZHENGZHOU SINO CHEMICAL PRODUCTS CO. LTD.

7.10.1.Company overview
7.10.2.Company snapshot
7.10.3.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL LITHOPONE MARKET, BY APPLICATIONS, 2019–2027 ($MILLION)
TABLE 02.LITHOPONE MARKET FOR PAINTS & COATINGS, BY REGION, 2019–2027 ($MILLION)
TABLE 03.LITHOPONE MARKET FOR PLASTICS, BY REGION, 2019–2027 ($MILLION)
TABLE 04.LITHOPONE MARKET FOR PRINTING INKS, BY REGION, 2019–2027 ($MILLION)
TABLE 05.LITHOPONE MARKET FOR PAPER AND PULPS, BY REGION, 2019–2027 ($MILLION)
TABLE 06.LITHOPONE MARKET FOR RUBBER, BY REGION, 2019–2027 ($MILLION)
TABLE 07.LITHOPONE MARKET FOR LEATHER, BY REGION, 2019–2027 ($MILLION)
TABLE 08.LITHOPONE MARKET FOR OTHER APPLICATIONS, BY REGION, 2019–2027 ($MILLION)
TABLE 09.GLOBAL LITHOPONE MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 10.NORTH AMERICA LITHOPONE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 11.NORTH AMERICA LITHOPONE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 12.U.S. LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 13.CANADA LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 14.MEXICO LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 15.EUROPE LITHOPONE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 16.EUROPE LITHOPONE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 17.GERMANY LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 18.FRANCE LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 19.UK LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 20.SPAIN LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 21.ITALY LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 22.REST OF EUROPE LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 23.ASIA-PACIFIC LITHOPONE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 24.ASIA-PACIFIC LITHOPONE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 25.CHINA LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 26.JAPAN LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 27.INDIA LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 28.SOUTH KOREA LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 29.LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 30.LAMEA LITHOPONE MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 31.LAMEA LITHOPONE MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 32.BRAZIL LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 33.SAUDI ARABIA LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 34.SOUTH AFRICA LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 35.REST OF LAMEA LITHOPONE MARKET, BY APPLICATION, 2019–2027 (MILLION)
TABLE 36.ANHUI UNION: COMPANY SNAPSHOT
TABLE 37.ANHUI UNION: PRODUCT PORTFOLIO
TABLE 38.FENGCHEN: COMPANY SNAPSHOT
TABLE 39.FENGCHEN: PRODUCT PORTFOLIO
TABLE 40.HENAN PREMTEC: COMPANY SNAPSHOT
TABLE 41.HENAN PREMTEC: PRODUCT PORTFOLIO
TABLE 42.LANGFANG PAIRS HORSES: COMPANY SNAPSHOT
TABLE 43.LANGFANG PAIRS HORSES: PRODUCT PORTFOLIO
TABLE 44.NATURAL PIGMENTS: COMPANY SNAPSHOT
TABLE 45.NATURAL PIGMENTS: PRODUCT PORTFOLIO
TABLE 46.NOAH TECH: COMPANY SNAPSHOT
TABLE 47.NOAH TECH: PRODUCT PORTFOLIO
TABLE 48.TITANOS: COMPANY SNAPSHOT
TABLE 49.TITANOS: PRODUCT PORTFOLIO
TABLE 50.VB TECHNOCHEMICALS: COMPANY SNAPSHOT
TABLE 51.VB TECHNOCHEMICALS: OPERATING SEGMENTS
TABLE 52.VB TECHNOCHEMICALS: PRODUCT PORTFOLIO
TABLE 53.VENATOR: COMPANY SNAPSHOT
TABLE 54.VENATOR: OPERATING SEGMENTS
TABLE 55.VENATOR: PRODUCT PORTFOLIO
TABLE 56.VENATOR: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 57.ZHENGZHOU SINO CHEMICAL: COMPANY SNAPSHOT
TABLE 58.ZHENGZHOU SINO CHEMICAL: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.BARGAINING POWER OF SUPPLIERS
FIGURE 06.THREAT OF NEW ENTRANTS
FIGURE 07.THREAT OF SUBSTITUTES
FIGURE 08.INTENSITY OF RIVALRY
FIGURE 09.BARGAINING POWER OF BUYERS
FIGURE 10.LITHOPONE MARKET DYNAMICS
FIGURE 11.VALUE CHAIN ANALYSIS
FIGURE 12.PATENT ANALYSIS, BY COUNTRY, 2015-2021
FIGURE 13.PATENT ANALYSIS, BY APPLICANT, 2015-2021
FIGURE 14.PATENT ANALYSIS, BY YEAR, 2015-2021
FIGURE 15.GLOBAL LITHOPONE MARKET, BY APPLICATIONS, 2019–2027 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF LITHOPONE MARKET FOR PAINTS & COATINGS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF LITHOPONE MARKET FOR PLASTICS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF LITHOPONE MARKET FOR PRINTING INKS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF LITHOPONE MARKET FOR PAPER AND PULPS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF LITHOPONE MARKET FOR RUBBER, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF LITHOPONE MARKET FOR LEATHER, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF LITHOPONE MARKET FOR PAINTS & COATINGS, BY COUNTRY, 2019 & 2027 ($MILLION)
FIGURE 23.U.S. LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 24.CANADA LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 25.MEXICO LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 26.GERMANY LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 27.FRANCE LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 28.UK LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 29.SPAIN LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 30.ITALY LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 31.REST OF EUROPE LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 32.CHINA LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 33.JAPAN LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 34.INDIA LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 35.SOUTH KOREA LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 36.REST OF ASIA-PACIFIC LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 37.BRAZIL LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 38.SAUDI ARABIA LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 39.SOUTH AFRICA LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 40.REST OF LAMEA LITHOPONE MARKET REVENUE, 2019–2027($MILLION)
FIGURE 41.MARKET PLAYER POSITIONING, 2019
FIGURE 42.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 43.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 44.VENATOR: REVENUE, 2017–2019 ($MILLION)
FIGURE 45.VENATOR: REVENUE SHARE BY SEGMENT, 2019 (%)

 
 

Lithopone is one of the many white pigments currently available in the pigments market. Currently, the demand for Lithopone is driven by use of white pigments in the paint and plastic industry. Titanium Dioxide (TiO2) has replaced Lithopone in many applications. Such a trend poses a huge threat to the global Lithopone market. However, compared to Titanium Dioxide (TiO2), Lithopone is cheaper and has low bonder requirement. It has a significantly lower specific surface area than titanium dioxide and therefore, requires less wetting agent to achieve optimum wetting of its surface.

Presently, the demand for Lithopone is driven by the paints & coatings and plastic processing segments. In addition, Lithopone is also used in printing inks, rubber products, cometic ingredients, and leather dying. 
The COVID-19 pandemic has negatively affected the key sectors such as building & construction, automotive, and plastic industries. This is expected to disrupt the global Lithopone market during the forecast period.  

The global Lithopone market is segmented on the basis of application and region. On the basis of application, the paint & coatings segment held the largest Lithopone market share in 2019. It is also projected to grow at the fastest CAGR of 4.20%. 

 
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FREQUENTLY ASKED QUESTIONS?
Our Report Looks Like This
 

A. Factors such as rising infrastructural developments and housing industry as well as production of plastics, rubber, and leather products are some of the factors boosting the Lithopone market growth

A. The global lithopone market is projected to reach $218.6 million by 2027, registering a CAGR of 3.3% from 2020 to 2027

A. Anhui Union Titanium Enterprise Co. Ltd., Fengchen Group Co. Ltd., Henan Premtec Enterprise Corporation, Langfang Pairs Horses Chemical Co. Ltd., Natural Pigments Inc., Noah Technologies Corporation, Titanos Group, VB Technochemicals SA, Venator Materials PLC, and ZhengZhou Sino Chemical Products Co. Ltd. are some of the major players operating in the Lithopone market

A. The paints & coatings industry is projected to grow the demand for Lithopone during the forecast period

A. The Lithopone market report covers the applications of Lithopone

A. Growing use of paints and plastic products in various domains are the main drivers of the Lithopone market

A. The printing inks and leather applications are projected to drive the adoption of Lithopone

A. The COVID-19 pandemic slowed down the pace of construction of residential and industrial spaces in major economies, thus, decreasing the demand for paint pigments such as Lithopone

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