Global Lithopone Market to cross $235 Mn by 2025 Lithopone Market

Global Lithopone Market to grow at 4.5% CAGR till
2025: Global Market Insights Inc.
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.
Lithopone Market
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