lithopone b301 28% factory

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The surge in demand for interior and exterior paints and use of plastic across various end-use industries drive the global Lithopone market. Lithopone white pigment is used in paints and coating systems that find applications in residential and industrial landscapes. Hence, as the construction & building sector flourishes, the demand for building and architectural materials such as paints and coatings will increase. This trend is conducive for the Lithopone market growth. In addition, white plastic materials are increasingly being used in consumer products. Developments in plastic forming technology is anticipated to indirectly boost plastic production, thus, increasing the demand for white pigments during the forecast period.

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TiO2 is also known for its high refractive index, which means that it has the ability to bend and reflect light effectively. This property makes TiO2 an ideal pigment for enhancing the color and print quality of paper products. By using TiO2 in the paper manufacturing process, paper suppliers can achieve vibrant colors and sharp images that stand out on the page. This is particularly important for printed materials such as magazines, brochures, and packaging, where visual appeal is a key factor in attracting consumers.

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By September, demand in the construction sector had significantly increased; however, resurgent cases of virus hindered the anticipated recovery in demand. However, due to a severe fall in market fundamentals in some end-use areas, its prices had significantly faded by quarter-end. Delays in a number of commercial projects, followed by a poor recovery in the downstream automotive market, were identified as primary causes of the protracted recovery curve.

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