The paints & coatings segment contributed the largest in the global Lithopone market share. It is added to paint as a white pigment to enhance its surface properties such as UV resistance and resistance to fungicidal and algae growth. 

I don't see the scientific evidence in the literature that would cause people any concern, said Kaminski.

Prices increased somewhat in the Asian market during the third quarter of 2021. After a steady recovery since mid-June, its price in India fell slightly in August, pushed down by lower import prices. Titanium dioxide prices continued to rise in the Chinese domestic market, with FOB Wuhu talks for Rutile grade TiO2 settling at 3125 USD/MT for the week ending September 24th.

Faber argued there hasn't been enough change in these federal regulations in the decades following the FDA's approval of titanium dioxide – especially as others increasingly point to potential health consequences.