The Global PPS Material Market was valued at USD 1.23 Billion in 2025 and is projected to reach USD 1.63 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period (2025–2034). This growth is being driven by accelerating demand from the automotive and electronics sectors, the shift toward electric vehicles requiring high-temperature components, and the ongoing trend of lightweighting and metal replacement in industrial applications.

As industries push for materials that deliver superior performance under extreme conditions, the focus turns to the leading producers of polyphenylene sulfide (PPS), a high-performance thermoplastic renowned for its thermal stability, chemical resistance, and mechanical strength. In this blog, we profile the Top 10 Companies in the PPS Material Industry—a mix of global chemical giants, specialized compounders, and innovators advancing reinforced PPS grades for automotive, electronics, and aerospace applications.

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🔟 1. Zhejiang NHU Special Materials Co., Ltd.

Headquarters: Zhejiang, China
Key Offering: Glass fiber reinforced PPS, linear PPS resins, mineral-filled compounds

Zhejiang NHU has rapidly emerged as a key player in the Asia-Pacific PPS market, capitalizing on China’s manufacturing boom to supply high-quality PPS for electronics and automotive parts. The company excels in cost-effective production of reinforced compounds that balance performance and price, serving major OEMs in electric vehicle components and connectors.

Innovation Initiatives:

• Expansion of production capacity to meet EV demand
• Development of high-flow PPS for injection molding
• Focus on sustainable formulations with recycled content

Download FREE Sample Report: PPS Material Market – View in Detailed Research Report

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9️⃣ 2. Kolon ENP

Headquarters: Gyeonggi-do, South Korea
Key Offering: PPS compounds for automotive, carbon fiber reinforced PPS

Kolon ENP is a prominent supplier in the Korean market, providing advanced PPS materials tailored for under-the-hood automotive applications and electrical components. Their expertise in fiber-reinforced grades supports the region’s push toward lightweight electric vehicles and high-reliability electronics.

Innovation Initiatives:

• High-strength PPS for EV battery housings
• Collaborations with automotive OEMs for custom compounds

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8️⃣ 3. SK Chemicals

Headquarters: Gyeonggi-do, South Korea
Key Offering: Unfilled PPS, glass/mineral-filled PPS for electronics

SK Chemicals leverages its strong position in South Korea’s chemical sector to deliver PPS resins and compounds optimized for high-temperature electrical insulation and connectors. The company serves the growing 5G and consumer electronics markets with materials that withstand lead-free soldering.

Innovation Initiatives:

• Low-dielectric PPS for high-frequency applications
• Investment in capacity for Asia-Pacific demand
• R&D into bio-based PPS precursors

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7️⃣ 4. Tosoh Corporation

Headquarters: Tokyo, Japan
Key Offering: Linear PPS resins, specialty PPS compounds

Tosoh is a veteran in Japan’s PPS production, offering a broad portfolio of resins used in industrial equipment and aerospace components. Their materials are prized for exceptional chemical resistance in harsh environments like pumps and valves.

Innovation Initiatives:

• Enhanced PPS for corrosion-resistant industrial parts
• Partnerships for metal replacement in machinery
• Targets for recyclable PPS grades

Download FREE Sample Report: PPS Material Market – View in Detailed Research Report

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6️⃣ 5. Polyplastics Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Glass fiber reinforced PPS (DURAFIDE®), high-impact compounds

Polyplastics, a Daicel and Celanese joint venture, specializes in engineering plastics including PPS for demanding automotive and electronics uses. Their DURAFIDE® brand is widely adopted for connectors and sensors requiring dimensional stability at elevated temperatures.

Innovation Initiatives:

• High-impact PPS for structural parts
• Expansion in EV power electronics

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5️⃣ 6. Kureha Corporation

Headquarters: Tokyo, Japan
Key Offering: Cross-linked PPS, specialty resins for harsh environments

Kureha excels in producing PPS with unique cross-linking for superior mechanical properties, targeting aerospace and chemical processing applications. Their materials endure extreme conditions, making them ideal for filtration systems and seals.

Innovation Initiatives:

• Current production supporting 188 kilotons global volume
• Advanced cross-linked grades for aerospace

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4️⃣ 7. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Fortron® PPS, glass/carbon reinforced compounds

Celanese brings North American strength to the PPS arena with its Fortron® line, focused on automotive under-hood parts and electrical housings. The company emphasizes lightweighting solutions that replace metals in high-volume production.

Innovation Initiatives:

• Glass-reinforced PPS production targeting 800M lbs capacity
• Supply chain for EV and electronics

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3️⃣ 8. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: Linear and reinforced PPS resins, custom compounds

DIC Corporation is a global leader in PPS resins, supplying electronics manufacturers with flame-retardant grades perfect for SMT components and high-frequency devices. Their focus on processability drives adoption in miniaturized electronics.

Innovation Initiatives:

• Indigenous R&D for low-CTE PPS
• Collaborations for 5G applications

Download FREE Sample Report: PPS Material Market – View in Detailed Research Report

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2️⃣ 9. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Ryton® PPS, mineral and glass-filled grades

Solvay’s Ryton® PPS is renowned in Europe for automotive and industrial uses, offering unmatched hydrolysis resistance for under-hood components exposed to fluids and heat. The company leads in sustainable processing advancements.

Innovation Initiatives:

• Goal of bio-based PPS by 2030
• Europe’s advanced compounding facilities

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1️⃣ 10. Toray Industries, Inc.

Headquarters: Tokyo, Japan
Key Offering: TOYOLAC® PPS compounds, carbon fiber reinforced PPS

Toray tops the list as the global frontrunner in PPS innovation, dominating with advanced composites for automotive electrification, aerospace, and electronics. Their reinforced PPS enables lighter, stronger parts in EVs and aircraft.

Innovation Initiatives:

• End-to-end solutions for OEMs
• Strategic R&D partnerships globally

Read Full Report: PPS Material Market – View in Detailed Research Report

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🌍 Outlook: The Future of PPS Material Is Smarter and More Sustainable

The PPS material market is evolving dynamically. While traditional linear grades dominate volume at around USD 7,200 per ton, the industry invests heavily in reinforced compounds and sustainable variants, advanced formulations, and expanded capacity to support EV growth and miniaturization.

📈 Key Trends Shaping the Market:

• Rapid capacity expansion in Asia-Pacific, Europe, and North America
• Regulatory mandates for lightweight materials in automotive by 2030
• Digitalization of compounding and supply chain tracking
• OEM-material supplier alliances for EV and electronics innovation

Read Full Report: PPS Material Market – View in Detailed Research Report

The companies listed above are not only supplying high-performance PPS—they’re spearheading the next wave of engineering plastics innovation.