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 steady growth is fueled by escalating demand from the automotive and electronics sectors for lightweight, high-temperature resistant, and flame-retardant engineering plastics. As industries worldwide pivot towards electrification and sustainable material solutions, the spotlight is on the key chemical innovators who are expanding PPS production capacities and pioneering advanced composite formulations.

In this blog, we profile the Top 10 Companies in the Polyphenylene Sulfide (PPS) Plastic Industry—a group of global chemical giants and specialized polymer producers driving the next wave of high-performance material applications.

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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 resins is renowned for exceptional heat resistance, chemical stability, and mechanical strength. The company supplies a wide range of unfilled, glass-filled, and mineral-filled PPS grades tailored for automotive, electronics, and industrial applications.

Innovation and Expansion:

• Continuous development of high-flow and low-warpage PPS grades

• Strategic expansion of production capacity to meet global demand

• Focus on sustainable PPS solutions for electric vehicle components

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9️⃣ 2. Solvay S.A.

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

Solvay is a major player in specialty polymers, offering its high-performance PRIMEF® PPS compounds. These materials are engineered for extreme environments, making them ideal for under-the-hood automotive parts, electrical connectors, and aerospace components where thermal and chemical resistance are critical.

Innovation and Expansion:

• Investment in recycling technologies for PPS and other high-performance polymers

• Strong focus on circular economy principles within its product lifecycle

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8️⃣ 3. Celanese Corporation

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

Celanese, through its ownership of the Fortron® PPS brand, is a leading global producer. Fortron® PPS is known for its outstanding balance of properties, including high heat deflection temperature and excellent dimensional stability, serving markets from automotive to consumer appliances.

Innovation and Expansion:

• Ongoing product development for electrification applications (e.g., battery components)

• Global supply chain strength ensuring reliable material availability

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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 Compounds

DIC Corporation produces a comprehensive portfolio of PPS compounds designed for high-performance applications. The company leverages its expertise in polymer science to develop materials that meet stringent requirements for thermal management and durability in harsh conditions.

Innovation and Expansion:

• Development of low chlorine-grade PPS for sensitive electronic applications

• Expansion of its global technical support and compounding facilities

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6️⃣ 5. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: KPS® PPS Resins

Kureha Corporation is a key global supplier of PPS resin, marketed under the KPS® brand. The company has significant captive production of the polymer and offers a variety of grades, including cross-linked and linear types, catering to diverse processing methods and application needs.

Innovation and Expansion:

• Proprietary polymerization technology ensuring high-quality resin production

• Strategic focus on the Asian market, particularly China’s growing electronics sector

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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 PPS market, leveraging its integrated chemical production capabilities. As one of China’s leading producers, NHU offers competitive PPS resins that are increasingly used in domestic automotive, electrical, and filtration industries.

Innovation and Expansion:

• Rapid scaling of PPS production capacity to serve Asian and global markets

• Investment in R&D to improve product quality and application range

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4️⃣ 7. Tosoh Corporation

Headquarters: Tokyo, Japan
Key Offering: TOSOH PPS Resins

Tosoh Corporation is a diversified chemical company and a significant producer of PPS resin. Its products are known for high purity and performance, making them suitable for demanding applications in electronics, automotive, and industrial machinery.

Innovation and Expansion:

• Focus on high-purity grades for semiconductor and electronics packaging

• Commitment to sustainable manufacturing processes

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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 Celanese, is a leading global engineering plastics supplier. Its DURAFIDE® PPS is highly regarded for excellent mechanical properties, chemical resistance, and high-temperature performance.

Innovation and Expansion:

• Extensive application development support for customers worldwide

• Development of specialty grades for emerging e-mobility trends

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 offers a range of PPS compounds under its broader portfolio of thermoplastics. While newer to the PPS space compared to Japanese leaders, SABIC leverages its global scale and strong positions in automotive and electronics to grow its market presence with high-performance material solutions.

Innovation and Expansion:

• Integration of PPS into its broader engineered materials offerings

• Focus on developing sustainable and lightweight material solutions

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1️⃣ 10. Teijin Limited

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

Teijin Limited utilizes its expertise in high-performance fibers and plastics to supply specialized PPS compounds and films. Its materials are used in applications requiring exceptional thermal and electrical properties, such as capacitors, insulators, and specialty composites.

Innovation and Expansion:

• Development of innovative PPS-based film products for electronics

• Exploration of PPS applications in new growth sectors like renewable energy

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

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🌍 Outlook: The Future of PPS is Smarter, Lighter, and More Sustainable

The Polyphenylene Sulfide market is evolving beyond its traditional strongholds. The accelerating trends of vehicle electrification, miniaturization in electronics, and the demand for durable industrial components are creating new, high-value opportunities for PPS manufacturers.

📈 Key Trends Shaping the Market:

• Rising demand for PPS in electric vehicle battery components and motor parts

• Increasing adoption in 5G infrastructure and high-frequency electronic devices

• Development of bio-based or recycled content PPS to meet sustainability goals

• Technological advancements in compounding for enhanced mechanical and thermal properties

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

The companies leading the PPS market are not just supplying a high-performance polymer—they are enabling technological progress across major industries, from cleaner transportation to more advanced electronics.