According to our (Global Info Research) latest study, the global Polyphenylene Sulfide (PPS) market size was valued at US$ 1458 million in 2025 and is forecast to a readjusted size of US$ 2298 million by 2032 with a CAGR of 6.8% during review period.
Polyphenylene Sulfide (PPS) is a high-performance engineering thermoplastic characterized by its excellent thermal stability, chemical resistance, dimensional stability, and inherent flame retardancy. PPS can withstand continuous service temperatures of up to 200–240°C without significant degradation, making it ideal for demanding applications in automotive, aerospace, electronics, and chemical processing industries. It has low moisture absorption, excellent electrical insulation properties, and resistance to solvents, fuels, and acids. PPS is available in different forms, including compounds reinforced with glass fibers or minerals, which enhance its mechanical strength and toughness. Due to its balance of properties, PPS is commonly used in applications such as automotive under-the-hood components, pump parts, electrical connectors, coatings, and filtration systems.
Global production of polyphenylene sulfide (PPS) exceeded 180,000 tons in 2024, with an average factory price of approximately $7,700 per ton.
The North American market for PPS is driven primarily by the automotive and aerospace sectors, where lightweight and heat-resistant materials are essential for fuel efficiency and performance. The United States has significant demand from both the automotive OEMs and electrical/electronics manufacturers. Additionally, regulatory standards for flame retardancy and durability in electronics and transport drive further PPS adoption. North America also benefits from the presence of key PPS manufacturers and compounders, ensuring a stable supply chain.
Europe has a mature PPS market, supported by its strong automotive and electronics industries, as well as stringent environmental regulations. German automakers are major consumers, using PPS for lightweight components that can replace metal parts while maintaining strength and heat resistance. The European Union’s sustainability goals and push for high-performance materials in renewable energy (such as wind and solar systems) also contribute to PPS demand. Aerospace applications in France and Germany further strengthen the regional market outlook.
The Asia-Pacific region is the largest and fastest-growing PPS market, fueled by the booming automotive, electronics, and industrial manufacturing sectors. China, Japan, and South Korea dominate consumption due to their expansive electronics and automotive supply chains. Japan has historically been a leader in PPS production, with major chemical companies providing both raw material and compounded forms. China is rapidly expanding capacity, driven by rising domestic demand and export-oriented industries. The growing penetration of electric vehicles (EVs) and miniaturized electronic components provides substantial opportunities for PPS growth.
In Latin America, demand for PPS is relatively modest but steadily increasing, with Brazil leading consumption in automotive and industrial applications. The Middle East & Africa region is still in the early stages of adoption, with growth largely tied to industrial projects, electrical infrastructure development, and oil & gas equipment. These regions represent emerging markets where PPS adoption is expected to expand as industrialization and advanced manufacturing gain momentum.
This report is a detailed and comprehensive analysis for global Polyphenylene Sulfide (PPS) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Polyphenylene Sulfide (PPS) market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Polyphenylene Sulfide (PPS) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Polyphenylene Sulfide (PPS) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Polyphenylene Sulfide (PPS) market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Polyphenylene Sulfide (PPS)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Polyphenylene Sulfide (PPS) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toray, Solvay, DIC, Celanese, Kureha, Tosoh, HDC Polyall, Zhejiang NHU, Chongqing Glion New Material, Zhuhai Changxian New Material, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Polyphenylene Sulfide (PPS) market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Injection Grade PPS
Fiber Grade PPS
Coating Grade PPS
Others
Market segment by Application
Electronics & Electrical
PPS Fiber
Automobile Industry
Military & Aerospace
Others
Major players covered
Toray
Solvay
DIC
Celanese
Kureha
Tosoh
HDC Polyall
Zhejiang NHU
Chongqing Glion New Material
Zhuhai Changxian New Material
Letian Plastics
Tongling Ruijia
Shandong Binhua
Sichuan Zhongkexingye
Nei Monggol Panxun Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Polyphenylene Sulfide (PPS) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Polyphenylene Sulfide (PPS), with price, sales quantity, revenue, and global market share of Polyphenylene Sulfide (PPS) from 2021 to 2026.
Chapter 3, the Polyphenylene Sulfide (PPS) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polyphenylene Sulfide (PPS) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Polyphenylene Sulfide (PPS) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Polyphenylene Sulfide (PPS).
Chapter 14 and 15, to describe Polyphenylene Sulfide (PPS) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Polyphenylene Sulfide (PPS). Industry analysis & Market Report on Polyphenylene Sulfide (PPS) is a syndicated market report, published as Global Polyphenylene Sulfide (PPS) Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Polyphenylene Sulfide (PPS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.