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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.

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One of the key findings of the report is the increasing demand for titanium dioxide in the paints and coatings industry. With the growth of the construction sector, there is a rising need for high-quality paints and coatings, which is driving the demand for titanium dioxide as a key ingredient. Key manufacturers in the market are focusing on developing innovative products to cater to the specific requirements of their customers in the paints and coatings industry.

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