Global Lithopone Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 3.1% during forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different r egions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decis ion makers to prepare the outline for short term and long term strategies for companies by r egion.
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Global Lithopone Market Dynamics: Increasing construction activities because of growing urbanization will propel paints and coa tings demand which will further grow lithopone market size. The product because of its utiliz ation in sealing and jointing compounds is widely used in the paints and coatings industry. G rowing paints utilization for decorative purposes will boost industry growth. The product aids to achieve high dry opacity in the pulp. It also helps to increase paper poro sity. Increasing paper bags demand owing to plastic carry bags’ harmful environmental impa ct will propel paper production which will boost the market growth. However, there are sever al ill-effects to extend the exposure of lithopone products. They cause skin and eye irritation if showing for a longer duration. Leather segment is one of the most widely traded commodities across the world. The leathe r industry is mainly driven by the growing consumption of leather for footwear, interior design industries, and furniture. Because of the sufficient availability of raw material along with a hu ge population of cattle, India has emerged as one of the lucrative business destinations for l