The Global Polyphenylene Sulfide Resins Market was valued at US$ 877.8 million in 2023 and is projected to reach US$ 1087 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period (2024–2030). This growth is being driven by increasing demand from the automotive and electrical & electronics sectors, the material’s exceptional high-temperature resistance, chemical stability, and the ongoing miniaturization and performance enhancement of electronic components.

As industries worldwide push the boundaries of efficiency and durability, the spotlight is on the key material suppliers who are driving innovation in high-performance polymers. In this blog, we profile the Top 10 Companies in the Polyphenylene Sulfide Resins Industry—a group of chemical giants and specialty material producers shaping the future of advanced engineering plastics.

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🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: TORELINA® PPS Resins (Reinforced and Unreinforced Grades)

Toray is the undisputed global leader in the PPS resin market, commanding a significant revenue share. Its TORELINA® brand is renowned for its superior heat resistance, mechanical strength, and exceptional electrical properties, making it a preferred choice for demanding applications in automotive, electronics, and industrial sectors worldwide.

Innovation and Capacity:

• Global production footprint with major facilities in Japan and South Korea

• Continuous R&D focused on high-flow, low-warpage, and laser-markable PPS grades

• Strategic focus on expanding applications in electric vehicle components

Download FREE Sample Report: Polyphenylene Sulfide Resins Market – View in Detailed Research Report

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9️⃣ 2. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: PRIMEF® PPS Compounds

Solvay is a leading global supplier of high-performance PPS compounds, serving a diverse range of industries. The company’s PRIMEF® portfolio includes glass-filled, mineral-filled, and carbon-fiber reinforced grades tailored for extreme thermal and chemical environments, particularly in automotive under-the-hood and electrical system applications.

Innovation and Capacity:

• Strong focus on sustainability with initiatives for recyclable and bio-based material solutions

• Technical partnership approach with OEMs for application-specific compound development

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8️⃣ 3. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: DIC PPS Resins

DIC Corporation is a major player in the PPS market, offering a comprehensive range of resins and compounds. The company leverages its strong position in the broader chemical industry to provide integrated material solutions, with PPS being a key component in its engineered plastics portfolio for automotive, electrical, and industrial applications.

Innovation and Capacity:

• Investments in production efficiency and capacity expansion in Asia

• Development of high-purity PPS grades for sensitive electronic and medical applications

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7️⃣ 4. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Fortron® PPS

Celanese, through its Fortron® PPS brand, is a prominent global supplier, especially strong in the Americas and European markets. The company’s PPS offerings are known for their excellent balance of properties, including high heat deflection temperatures and flame retardancy, making them ideal for connectors, relays, and pumps.

Innovation and Capacity:

• Proprietary polymerization technology ensuring consistent high quality

• Focus on developing PPS compounds for harsh chemical processing environments

Download FREE Sample Report: Polyphenylene Sulfide Resins Market – View in Detailed Research Report

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6️⃣ 5. SK chemicals

Headquarters: Seongnam, South Korea
Key Offering: SKYPEL® PPS Resins

SK chemicals is a key South Korean producer with a growing influence in the global PPS market. Its SKYPEL® products are recognized for their high quality and are increasingly used in automotive, electronics, and appliance industries, supported by the company’s strong regional supply chain and technical service.

Innovation and Capacity:

• Active investment in scaling up production capacity to meet rising demand

• Strategic focus on the rapidly growing Asian market, particularly China

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5️⃣ 6. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: KPS PPS Resins and Compounds

Kureha is a longstanding and respected manufacturer of PPS resin, with a history of innovation in the field. The company produces a wide array of linear and cross-linked PPS grades, catering to specific requirements for dimensional stability, chemical resistance, and high-temperature performance.

Innovation and Capacity:

• Vertically integrated production from raw materials to finished compounds

• Specialization in high-performance grades for friction, wear, and specialty filter applications

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4️⃣ 7. Zhejiang NHU Special Materials Co., Ltd.

Headquarters: Shaoxing, Zhejiang, China
Key Offering: NHU PPS Resins

Zhejiang NHU is a leading Chinese producer that has significantly expanded its PPS capacity, making it a major force in the global market. The company offers cost-competitive PPS resins that are increasingly being adopted in domestic and international markets for a wide range of applications.

Innovation and Capacity:

• One of the largest PPS production bases in the world

• Focus on securing a strong supply chain for raw materials to ensure market stability

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3️⃣ 8. Tosoh Corporation

Headquarters: Tokyo, Japan
Key Offering: TOSOH PPS Resins

Tosoh Corporation is a significant Japanese chemical company with a well-established PPS business. Its product range includes various injection molding and extrusion grades, known for their excellent thermal and mechanical properties, serving the automotive, electrical, and industrial sectors.

Innovation and Capacity:

• Leverages its expertise in chlor-alkali and petrochemical operations for integrated production

• Continuous development of new grades to meet evolving industry standards and regulations

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2️⃣ 9. Lion Idemitsu Composites Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: PPS Compounds (formerly under Toyobo)

Lion Idemitsu Composites, formed from the integration of businesses from Idemitsu Kosan and former Toyobo operations, is a key supplier of engineering plastics, including PPS compounds. The company provides specialized materials that meet stringent requirements for heat resistance and dimensional precision.

Innovation and Capacity:

• Combines material science expertise from two major Japanese corporations

• Strong application development support for automotive and electronic customers

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1️⃣ 10. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: SABIC® PPS Compounds

SABIC is a global chemical giant that offers PPS compounds as part of its extensive portfolio of engineered thermoplastics. While not a primary resin producer, SABIC’s strength lies in its global reach, technical service capabilities, and ability to supply compounded PPS materials to a vast customer base across multiple industries.

Innovation and Capacity:

• Focus on developing sustainable and lightweight material solutions

• Leverages global manufacturing and distribution network to serve international clients

Get Full Report Here: Polyphenylene Sulfide Resins Market – View in Detailed Research Report

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🌍 Outlook: The Future of PPS Resins is Driven by Electrification and Sustainability

The Polyphenylene Sulfide Resins market is undergoing a significant transformation. While traditional applications in automotive and electronics continue to drive demand, the industry is increasingly focused on new opportunities presented by the global shift towards electrification and circular economy principles.

📈 Key Trends Shaping the Market:

• Rising demand for PPS in electric vehicle components, including battery modules, connectors, and thermal management systems

• Increasing miniaturization of electronic devices requiring high-performance, heat-resistant polymers

• Growing focus on developing recyclable PPS compounds and exploring bio-based routes for monomer synthesis

• Expansion of production capacity, particularly in China, influencing global supply dynamics and pricing

Get Full Report Here: Polyphenylene Sulfide Resins Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they’re enabling the technological advancements that define modern industry.