Lithopone Market in leather application is to grow at 2% CAGR till 2025

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Global Lithopone Market to cross 235 Mn by 2025
Global Market Insights Inc.
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Industry Overview

• Lithopone Market to surpass USD 235 million by
  2025 driven by growing paints coatings
  industry in the region will boost product demand
  from the Asia Pacific region. Growing
  construction activities owing to increasing
  urbanization will propel paints and coatings
  demand which will further increase lithopone
  market size. The product owing to its utilization
  in sealing and jointing compounds is widely used
  in the paints and coatings industry. Increasing
  paints utilization for decorative purposes will
  boost industry growth.
• Global lithopone market size from paper pulp
  application is anticipated to exceed USD 25
  million by 2025. The product helps to achieve
  high dry opacity in the pulp. It also helps to
  improve paper porosity. Increasing paper bags
  demand due to plastic carry bags harmful
  environmental impact will propel paper production
  which will boost the market growth.
• The product owing to its strong reducing power
  and chemically inert nature is utilized in
  linoleum flooring, printing ink, paint
  coatings, paper pulp, leather, rubber, and
  plastics industries. Increasing industrial
  activities to meet the growing demand of consumer
  goods will fortify product demand.

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• Lithopone 30 market size is expected to witness
  significant gains at 3.0 by 2025. It comprises
  of 30 zinc sulphide and 70 barium sulphate. It
  is available in coated and uncoated forms. The
  product owing to polymerization brightener
  effects enhancing property is used in plastics
  and polymer industry. Growing plastics demand for
  manufacturing electronic goods including remotes,
  laptops, and televisions will foster product
  demand hence, increasing lithopone market growth.
  
• Titanium dioxide is utilized as a substitute due
  to its durable nature and high refractive index.
  The product is widely used in paints coating
  industry. Lithopone may cause eye and skin
  irritation in human beings. These factors may
  hamper market profitability and market price
  trends.
• UK lithopone market size from paints coatings
  application is anticipated to exceed USD 4.5
  million by the end of 2025. B3011 owing to its
  utilization in putties is used in paint and
  coatings industry. Putties helps to smoothen the
  wall surface before painting. Increasing
  infrastructural projects and commercial
  construction will foster paints demand hence,
  amplifying the market size.

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U.S. Lithopone 28 Market Size, By Application,
2018 2025, (Kilo Tons)

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Industry Coverage

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• Global lithopone market size from leather
  application is anticipated to witness significant
  gains over 2.0 by 2025. B311 functions as filler
  in leather sector. Rising living standards and
  presence of several premium leather brands
  including Gucci and Versace will stimulate
  product demand.
• China market size from rubber application is
  anticipated to surpass USD 3.0 million by 2025.
  The product provides resistance against ageing
  and light in rubber products. Increasing demand
  of rubber from automotive industry for tires,
  brakes, car interiors and flooring will
  positively impact rubber production which may in
  turn increase market growth.
• Lithopone market is fragmented with key industry
  participants including Kremer Pigments, American
  Elements, VB Technochemicals, Langfang Pairs
  Horses Chemical Co., Ltd., DowDuPont, Inc. and
  Titanos. Manufacturers are making heavy
  investments in RD, and product innovation in
  order to cater increasing market growth.

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