Additionally, market demand plays a significant role in determining lithopone pigment prices. Industries such as construction, automotive, and consumer goods have been experiencing fluctuations in demand, influencing the pricing dynamics. In periods of high demand, prices may increase as suppliers adjust to the market trends. Conversely, during downturns or oversupply situations, prices may decrease, providing opportunities for buyers to purchase at more favorable rates.

Titanium dioxide is a naturally-occurring mineral found in the earth’s crust. Because of its white color, opaqueness, and ability to refract light, the ingredient is often used as a pigment, brightener, and opacifier, which is an ingredient that makes a formulation more opaque. Titanium dioxide is also a UV filter and so is an effective active ingredient in sunscreens. It’s often used in cosmetic loose and pressed powders, especially “mineral powder” cosmetics, in addition to other cosmetics, lotions, toothpaste, and soap.