The Global Polyphenylene Sulfide (PPS) Plastic Market was valued at US$ 723.1 Million in 2023 and is projected to reach US$ 944.7 Million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period (2024-2030). This robust growth trajectory is primarily fueled by escalating demand from the automotive and electronics sectors, where PPS is prized for its exceptional thermal stability, chemical resistance, and flame-retardant properties.

As industries worldwide push the boundaries of efficiency and miniaturization, the demand for high-performance engineering plastics has never been greater. Polyphenylene Sulfide stands out as a material of choice for challenging applications. In this blog, we profile the leading forces—the Top 10 Companies in the Polyphenylene Sulfide (PPS) Plastic Industry—that are innovating, scaling production, and driving the adoption of this critical polymer.

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Global Polyphenylene Sulfide (PPS) Plastic Market – View in Detailed Research Report

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🔟 1. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: TORELINA® PPS Resins and Compounds

Toray Industries is a global leader in advanced materials and the premier producer of Polyphenylene Sulfide. Its TORELINA® brand is synonymous with high quality and reliability, serving demanding applications across automotive, electrical/electronic, and industrial sectors worldwide. The company’s extensive R&D focuses on developing new grades with enhanced properties.

Innovation Focus:

• Development of high-flow and low-warpage PPS grades for intricate components

• Expansion of production capacity to meet growing global demand

• Strong focus on sustainability and circular economy principles in material design

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9️⃣ 2. Solvay S.A.

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

Solvay is a key global player in specialty polymers, with its PRIMEF® PPS portfolio offering superior performance in high-temperature and corrosive environments. The company’s technical expertise allows it to provide tailored solutions for critical applications in aerospace, automotive, and electronics.

Innovation Focus:

• Advanced compounds for metal replacement to reduce weight and cost

• Strategic investments in recycling technologies for high-performance polymers

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8️⃣ 3. Celanese Corporation

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

Celanese is a leading global producer of PPS through its FORTRON® brand. Known for its high purity and excellent mechanical properties, FORTRON® PPS is extensively used in automotive under-the-hood applications, electrical components, and industrial equipment. The company operates a significant PPS polymerization facility in the United States.

Innovation Focus:

• Focus on expanding application reach in electric vehicle (EV) components

• Continuous improvement of manufacturing processes for enhanced efficiency and sustainability

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Global Polyphenylene Sulfide (PPS) Plastic Market – View in Detailed Research Report

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7️⃣ 4. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: DIC PPS Resins

DIC Corporation is a major diversified chemical company and a significant producer of PPS resins. With a strong presence in Asia and global markets, DIC supplies high-quality PPS for a wide array of applications, leveraging its integrated supply chain from raw materials to compounded products.

Innovation Focus:

• Development of specialty PPS grades for niche, high-value applications

• Strengthening global production and supply network capabilities

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6️⃣ 5. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: KUREHA PPS Resins

Kureha Corporation is a longstanding and respected manufacturer of PPS, with a history of innovation in polymer science. The company produces a comprehensive range of PPS polymers and compounds, catering to stringent requirements in the electronics and automotive industries.

Innovation Focus:

• Investment in capacity expansion to secure a leading market position

• R&D focused on enhancing the thermal and mechanical properties of its PPS grades

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5️⃣ 6. Zhejiang NHU Company Ltd.

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

Zhejiang NHU has emerged as a major force in the global PPS market, particularly as a leading producer in China. The company has significantly expanded its PPS production capacity, making it a key supplier for both domestic and international markets, often competing on cost and volume.

Innovation Focus:

• Rapid scaling of production to capture market share

• Focus on process optimization and cost reduction

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4️⃣ 7. Tosoh Corporation

Headquarters: Tokyo, Japan
Key Offering: TOSOH PPS Resins

Tosoh Corporation, a leading Japanese chemical company, produces high-performance TOSOH PPS resins. The company leverages its strong chemical manufacturing base to deliver consistent quality PPS for demanding applications in electrical, automotive, and industrial sectors.

Innovation Focus:

• Development of high-purity PPS for sensitive electronic applications

• Commitment to sustainable manufacturing practices

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3️⃣ 8. Polyplastics Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: DURAFIDE® PPS

Polyplastics Co., Ltd., a joint venture between Daicel Corporation and Ticona (Celanese), is a global engineering plastics leader. Its DURAFIDE® PPS is renowned for its high heat resistance, chemical resistance, and excellent mechanical strength, serving a global customer base.

Innovation Focus:

• Extensive product portfolio with glass-filled, mineral-filled, and compounded grades

• Strong technical support and application development for customers

Download FREE Sample Report:
Global Polyphenylene Sulfide (PPS) Plastic Market – View in Detailed Research Report

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2️⃣ 9. SABIC

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

SABIC, a global powerhouse in chemicals, offers a range of high-performance thermoplastics, including PPS compounds. While newer to the PPS space compared to Japanese specialists, SABIC leverages its vast global reach, manufacturing scale, and focus on innovation to serve growing market demands.

Innovation Focus:

• Integration of PPS into its broader portfolio of engineering plastics

• Focus on developing sustainable and recyclable material solutions

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1️⃣ 10. Teijin Limited

Headquarters: Tokyo, Japan
Key Offering: Teijin PPS Films and Compounds

Teijin Limited is a diversified technology-driven company with a strong presence in high-performance fibers and plastics. Teijin produces specialty PPS films and compounds, often focusing on high-value applications where its unique material properties provide a competitive advantage.

Innovation Focus:

• Development of advanced PPS films for electronics and capacitors

• Exploring new composite materials combining PPS with other high-performance polymers

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Global Polyphenylene Sulfide (PPS) Plastic Market – View in Detailed Research Report

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🌍 Outlook: The Future of PPS in a High-Tech World

The Polyphenylene Sulfide market is poised for sustained growth, underpinned by irreversible megatrends like vehicle electrification, 5G infrastructure rollout, and the miniaturization of electronics. While established applications continue to drive volume, emerging uses in electric vehicles (battery components, motor parts) and renewable energy systems represent significant new growth frontiers.

📈 Key Trends Shaping the Market:

• Accelerated adoption in Electric Vehicle (EV) platforms for components requiring thermal and chemical resistance

• Increasing demand for miniaturized, high-heat resistant components in 5G telecommunications and consumer electronics

• Geographic expansion of production capacity, particularly in China, altering global supply dynamics

• Growing emphasis on sustainable production processes and recycling technologies for high-performance plastics

Get Full Report Here:
Global Polyphenylene Sulfide (PPS) Plastic Market – View in Detailed Research Report

The companies profiled above are not just supplying a material; they are providing the foundational components that enable technological advancement across multiple industries, ensuring reliability and performance in the most demanding environments.