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 an increased weather resistance and an anti-ultraviolet property. Moreover, development of nano-scale Lithopone is also anticipated to attract market interest during the forecast period.

Price Dynamics. The Titanium Dioxide price in United States decreased during December 2018 to 2,770 USD per metric ton, which represents a decline of 7% compared to the previous month’s value. On a year-over-year basis, Titanium Dioxide prices in United States remained constant . Meanwhile, in Germany, the average price of Titanium Dioxide amounted to 3,720 USD per metric ton, from 3,460 USD per metric ton one year earlier. On a month-over-month basis, the Titanium Dioxide price in Germany is 11% higher than the price one month before.

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