Global Lithopone Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Lithopone 28% and Lithopone 30% - Coated and Uncoated, Lithopone 60%.

By Application;

Paints & Coatings, Plastics, Printing Inks, Paper & Pulps, Rubber, Leather, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn644150824 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Lithopone Market (USD Million), 2021 - 2031

In the year 2024, the Global Lithopone Market was valued at USD 198.52 million. The size of this market is expected to increase to USD 256.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.


Global Lithopone Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 3.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.7 %
Market Size (2024)USD 198.52 Million
Market Size (2031)USD 256.01 Million
Market ConcentrationHigh
Report Pages333
198.52
2024
256.01
2031

Major Players

  • Huntsman Corporation
  • Kronos Worldwide, Inc.
  • Venator Materials PLC
  • Sachtleben Chemie GmbH
  • Shanghai Jinzhao Chemical Co., Ltd.
  • Basf SE
  • The Chemours Company
  • LB Chemicals
  • Triveni Chemicals
  • Zhenjiang Xinxin Chemical Co., Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Lithopone Market

Fragmented - Highly competitive market without dominant players


The Global Lithopone Market is a key segment within the global pigments and chemicals industry, characterized by the use of lithopone as a white pigment. Lithopone, a combination of zinc sulfide and barium sulfate, is valued for its opacity, brightness, and non-toxicity, making it suitable for various applications, including paints, coatings, plastics, and more. Its properties enable it to provide a high-quality finish and durability in diverse industrial uses.

Technological advancements and increasing industrial activity drive the growth of the lithopone market. Innovations in production techniques and the development of new applications contribute to the expanding use of lithopone across different sectors. The market benefits from rising demand in industries such as automotive, construction, and consumer goods, where lithopone's properties are utilized to enhance product performance and appearance.

Environmental considerations and regulatory standards are also shaping the market's trajectory. The emphasis on sustainability and eco-friendly solutions is leading to the development of lithopone products that meet stringent environmental requirements. As industries and consumers increasingly prioritize sustainable practices, the lithopone market is positioned for growth, driven by its ability to offer high-quality, environmentally responsible products that cater to evolving market needs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Lithopone Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing paint demand
        2. Growing construction industry
        3. Rising automotive production
        4. Expanding electronics sector
        5. Demand for coatings
      2. Restraints
        1. High production costs
        2. Environmental regulations impact
        3. Fluctuating raw material
        4. Market competition intensification
        5. Limited color options
      3. Opportunities
        1. Emerging market growth
        2. Innovations in applications
        3. Sustainable product development
        4. Rising consumer awareness
        5. Technological advancements integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Lithopone Market, By Product, 2021 - 2031 (USD Million)
      1. Lithopone 28%
      2. Lithopone 30%
        1. Coated
        2. Uncoated
      3. Lithopone 60%.
    2. Global Lithopone Market, By Application, 2021 - 2031 (USD Million)
      1. Paints & Coatings
      2. Plastics
      3. Printing Inks
      4. Paper & Pulps
      5. Rubber
      6. Leather
      7. Others.
    3. Global Lithopone Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Huntsman Corporation
      2. Kronos Worldwide, Inc.
      3. Venator Materials PLC
      4. Sachtleben Chemie GmbH
      5. Shanghai Jinzhao Chemical Co., Ltd.
      6. Basf SE
      7. The Chemours Company
      8. LB Chemicals
      9. Triveni Chemicals
      10. Zhenjiang Xinxin Chemical Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market