The Global Polyphenylene Sulfide (PPS) Plastic Market was valued at USD 723.1 Million in 2023 and is projected to reach USD 944.7 Million by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period (2024–2030). This sustained growth is fueled by escalating demand from the automotive and electronics sectors for lightweight, heat-resistant, and chemically inert materials that enhance performance and efficiency.

As industries worldwide pivot towards electrification, miniaturization, and higher operating temperatures, the demand for advanced engineering plastics is accelerating. PPS, renowned for its exceptional thermal stability, flame retardancy, and mechanical strength, stands at the forefront of this materials revolution. In this blog, we profile the Top 10 Companies in the Polyphenylene Sulfide (PPS) Plastic Industry—a group of chemical giants and specialty polymer producers shaping the future of high-performance components.

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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 & Compounds

Toray Industries is a global leader in advanced materials, and its TORELINA® brand of PPS is among the most recognized in the industry. The company offers a comprehensive portfolio of unfilled, glass-filled, and mineral-filled PPS compounds tailored for demanding applications in automotive, electronics, and industrial sectors.

Innovation & Market Focus:

• Extensive R&D in high-flow and high-purity PPS grades for precision molding

• Strategic expansions to meet growing demand, particularly in the Asian market

• Strong focus on sustainability through product lifecycle management

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9️⃣ 2. Solvay S.A.

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

Solvay is a major force in specialty polymers, with its PRIMEF® PPS compounds known for superior performance in harsh environments. The company serves a global clientele, providing solutions that meet stringent regulatory and performance standards across aerospace, automotive, and electrical markets.

Innovation & Market Focus:

• Development of advanced composites integrating PPS for lightweighting

• Commitment to circular economy principles and sustainable product offerings

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8️⃣ 3. Celanese Corporation

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

Celanese, through its engineered materials division, is a leading producer of FORTRON® PPS. This high-performance polymer is valued for its exceptional balance of chemical resistance, thermal stability, and mechanical properties, making it ideal for under-the-hood automotive parts and electrical components.

Innovation & Market Focus:

• Focus on high-growth applications in electric vehicle (EV) powertrains and battery systems

• Continuous improvement of processing characteristics for manufacturing efficiency

Download FREE Sample Report:
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 key global supplier of PPS resins and compounds, with a strong production base in Asia. The company’s products are widely used in electronic components, automotive sensors, and household appliances due to their reliability and high-temperature endurance.

Innovation & Market Focus:

• Investment in capacity expansion to solidify its position in the global supply chain

• Development of custom-compounded solutions for specific customer applications

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6️⃣ 5. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: KURARAY PPS Resins

Kureha Corporation is a pioneer in PPS production and holds significant intellectual property related to the polymer’s synthesis. The company offers a range of linear and cross-linked PPS grades known for their high purity and excellent electrical properties.

Innovation & Market Focus:

• Expertise in the production of high-quality PPS base polymer

• Strategic focus on the high-growth electronics and semiconductor industries

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5️⃣ 6. Zhejiang NHU Company Ltd.

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

Zhejiang NHU has emerged as a major Chinese producer of PPS, leveraging its vertical integration in chemical manufacturing. The company plays a crucial role in supplying the domestic Asian market and is increasingly competing on a global scale, offering cost-effective PPS solutions.

Innovation & Market Focus:

• Rapid scaling of production capacity to meet regional demand

• Focus on expanding its application development capabilities

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4️⃣ 7. Tosoh Corporation

Headquarters: Tokyo, Japan
Key Offering: TOSOH PPS Resins

Tosoh Corporation is a diversified chemical company with a strong presence in specialty materials, including PPS. Its products are used in a variety of applications that require resistance to heat, chemicals, and creep, such as fluid handling components and electrical connectors.

Innovation & Market Focus:

• Leveraging its chemical synthesis expertise for polymer innovation

• Strategic partnerships with compounders and end-users

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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 leading global engineering plastics supplier. Its DURAFIDE® PPS is renowned for its high heat resistance, dimensional stability, and excellent electrical insulation properties.

Innovation & Market Focus:

• Strong application development support for automotive and electronics customers

• Global production network ensuring reliable supply

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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’s extensive thermoplastics portfolio includes innovative PPS compounds designed to replace metals and other plastics in challenging environments. The company’s global reach and technical expertise make it a key partner for industries seeking material solutions for electrification and lightweighting.

Innovation & Market Focus:

• Development of PPS grades for 5G infrastructure and advanced electronics

• Commitment to sustainability with a focus on recyclable and lightweight material solutions

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1️⃣ 10. Teijin Limited

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

Teijin Limited leverages its expertise in high-performance fibres and films to produce specialized PPS products, including high-grade PPS films used in capacitors and insulation. The company focuses on niche, high-value applications where its material science leadership provides a competitive edge.

Innovation & Market Focus:

• Specialization in high-performance PPS films for the electronics industry

• Integration of PPS into multi-material solutions and composites

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

The Polyphenylene Sulfide market is strategically positioned for long-term growth, propelled by mega-trends that demand its unique property set. As the world advances towards an electrified and more efficient future, PPS is becoming an increasingly critical material.

📈 Key Trends Shaping the Market:

• Electric Vehicle (EV) Revolution: PPS is essential for components in EV battery packs, electric motors, and power electronics due to its high dielectric strength and thermal stability.

• 5G and Electronics Miniaturization: The rollout of 5G technology and the trend towards smaller, more powerful electronic devices drive demand for PPS in connectors, sockets, and housings.

• Lightweighting in Aerospace & Automotive: Replacing metal parts with PPS composites reduces weight, improving fuel efficiency and reducing emissions.

• Circular Economy Initiatives: Growing focus on recyclability and sustainable production processes within the high-performance plastics industry.

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

The companies profiled above are not merely suppliers; they are innovation catalysts, enabling technological progress across global industries by providing the advanced materials necessary for a smarter, more efficient, and sustainable world.