The Asian market was favorable to the rising price trends of titanium dioxide in the first quarters of 2023. The prices inclined gradually with some slight fluctuations. The positive outlook of the market was a direct effect of removing covid restrictions, upscaling industrial production, and high speed of market recovery.

This white pigment composed of barium sulfate and zinc sulfide, is influenced by several market drivers and trends. One significant driver is the expanding demand for lithopone in the paint and coating industry, owing to its excellent hiding power and (ultraviolet) UV resistance. The construction sector also propels the market growth of this compound, as it is widely used in architectural coatings for its durability and weather resistance. Additionally, the rising popularity of lithopone in the plastic and rubber industries, driven by its ability to enhance product opacity and stability, contributes to market expansion. Trends in this compound market include a growing emphasis on eco-friendly alternatives, stimulating research and development of sustainable production processes. Furthermore, the increasing focus on product quality and performance, along with advancements in nanotechnology applications, presents new opportunities for lithopone market players. Overall, the evolving landscape of industries utilizing this compound underscores its dynamic market, driven by both traditional applications and emerging trends.

Lithopone, white powder, relative density: 4.136 ~ 4.39 g / mL, insoluble in water. It is a mixture of zinc sulfide and barium sulfate. Inorganic white pigment, widely used in plastics such as polyolefin, vinyl resin, ABS resin, polystyrene, polycarbonate, nylon and polyoxymethylene, and white pigments of paints and inks. It is less effective in polyurethane and amino resins and less suitable in fluoroplastics. It is also used for coloring of rubber products, paper, varnish, tarpaulin, leather, watercolor paint, paper, enamel, and the like. Used as a binder in the production of electric beads.