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, growing at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period (2024–2030). This robust growth is fueled by the material’s exceptional properties, including high thermal stability, chemical resistance, and inherent flame retardancy, which are critical for demanding applications in the automotive, electronics, and aerospace sectors.
As industries worldwide push for lighter, stronger, and more durable components, PPS has emerged as a superior engineering thermoplastic. 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 who are at the forefront of material innovation and supply.
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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 largest producer of PPS resins worldwide. Its TORELINA® brand offers a wide range of unfilled, glass-filled, and mineral-filled PPS compounds renowned for their high performance in electrical, automotive, and industrial applications.
Innovation & Market Focus:
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Leading global production capacity for PPS
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Strong R&D focus on high-flow and low-warpage grades for precision parts
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Major supplier to the automotive industry for under-the-hood components
9️⃣ 2. Solvay S.A.
Headquarters: Brussels, Belgium
Key Offering: Primef® PPS Polymers
Solvay is a key European player in high-performance polymers, offering its Primef® PPS range. The company’s products are critical in applications requiring resistance to harsh chemicals and high temperatures, serving sectors like oil & gas, automotive, and water treatment.
Innovation & Market Focus:
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Development of high-purity PPS grades for demanding industrial applications
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Strategic focus on sustainability and circular economy principles
8️⃣ 3. Celanese Corporation
Headquarters: Irving, Texas, USA
Key Offering: Fortron® PPS
Celanese, through its Fortron® PPS business, is a major global supplier. Fortron® PPS is known for its excellent mechanical properties, dimensional stability, and broad chemical resistance, making it a preferred material for automotive, electrical, and industrial components.
Innovation & Market Focus:
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Strong focus on applications in powertrain systems and emission control
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Continuous product development to meet evolving automotive electrification needs
7️⃣ 4. DIC Corporation
Headquarters: Tokyo, Japan
Key Offering: DIC PPS Compounds
DIC Corporation is a significant producer of PPS compounds, offering a diverse portfolio tailored for electronics, automotive, and appliance markets. The company leverages its expertise in polymer science to develop customized solutions.
Innovation & Market Focus:
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Specialization in compounds for surface-mount technology (SMT) in electronics
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Expansion of production capacities to meet growing Asian market demand
6️⃣ 5. Kureha Corporation
Headquarters: Tokyo, Japan
Key Offering: KPS® PPS Resins
Kureha Corporation is a pioneer in PPS production and a key global supplier. Its KPS® PPS resins are known for high heat resistance, excellent mechanical strength, and superior electrical properties, serving a wide array of high-temperature applications.
Innovation & Market Focus:
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Vertically integrated production from raw materials to polymer
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Focus on lithium-ion battery components and other growth applications
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Global Polyphenylene Sulfide (PPS) Plastic Market – View in Detailed Research Report
5️⃣ 6. Zhejiang NHU Company Ltd.
Headquarters: Shaoxing, Zhejiang, China
Key Offering: NHU PPS Resins
Zhejiang NHU is a leading Chinese producer of PPS and has rapidly expanded its global footprint. The company offers a competitive range of PPS resins and compounds, playing a crucial role in the supply chain for cost-sensitive applications.
Innovation & Market Focus:
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Significant production scale and cost leadership
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Catering to the booming electronics and automotive markets in Asia
4️⃣ 7. Tosoh Corporation
Headquarters: Tokyo, Japan
Key Offering: TOSOH PPS Resins
Tosoh Corporation is another major Japanese chemical company with a strong position in the PPS market. Its products are used in demanding environments where chemical resistance and thermal stability are paramount.
Innovation & Market Focus:
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Expertise in producing high-performance engineering plastics
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Strategic focus on the Asian market and specialized industrial applications
3️⃣ 8. Polyplastics Co., Ltd.
Headquarters: Tokyo, Japan
Key Offering: TORELINA® PPS (via partnership with Toray), Fortron® PPS (via partnership with Celanese)
Polyplastics is a leading global engineering plastics supplier with a significant presence in the PPS market through its strategic alliances. The company specializes in compounding and distributing high-quality PPS grades globally.
Innovation & Market Focus:
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World-class compounding technology and application development
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Strong technical support and customer service network
2️⃣ 9. SABIC
Headquarters: Riyadh, Saudi Arabia
Key Offering: SABIC® PPS Compounds
SABIC, a global chemical industry leader, offers a portfolio of PPS compounds under its engineering thermoplastics business. The company focuses on providing solutions for the automotive, electrical, and consumer goods sectors.
Innovation & Market Focus:
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Leveraging global scale and supply chain reliability
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Commitment to developing sustainable and innovative material solutions
1️⃣ 10. Teijin Limited
Headquarters: Tokyo, Japan
Key Offering: PPS Resins and Compounds
Teijin Limited is a diversified chemical company with a growing presence in high-performance polymers, including PPS. The company focuses on developing advanced material solutions for a sustainable society.
Innovation & Market Focus:
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Integration of PPS into broader portfolio of advanced composites and fibers
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Focus on lightweighting and electrification trends in transportation
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Global Polyphenylene Sulfide (PPS) Plastic Market – View in Detailed Research Report
🌍 Outlook: The Future of PPS is Defined by Electrification and Sustainability
The Polyphenylene Sulfide market is poised for sustained growth, driven by the relentless demand for materials that can perform under extreme conditions. The transition to electric vehicles, the expansion of 5G infrastructure, and the need for more efficient industrial processes are key accelerants.
📈 Key Trends Shaping the Market:
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Rising demand from the Electric Vehicle (EV) sector for battery components, sensors, and connectors
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Increased use in electronics for miniaturized components requiring high heat resistance
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Development of recycled PPS and bio-based routes to enhance sustainability credentials
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Geographic market expansion, with significant capacity additions in China and other Asian countries
Get Full Report Here:
Global Polyphenylene Sulfide (PPS) Plastic Market – View in Detailed Research Report
The companies listed above are not only supplying a critical engineering polymer—they are enabling technological advancements across industries by providing the material foundation for innovation.
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