Polyphenylene Sulfide (PPS) Resins Market

By Type;

Linear PPS, Cured PPS and Branched PPS

By End-User Industry;

Automotive, Electrical & Electronics, Industrial, Aerospace and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn324286411 Published Date: September, 2025 Updated Date: November, 2025

Polyphenylene Sulfide (PPS) Resins Market Overview

Polyphenylene Sulfide (PPS) Resin Market (USD Million)

Polyphenylene Sulfide (PPS) Resin Market was valued at USD 2,071.62 million in the year 2024. The size of this market is expected to increase to USD 3,261.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.7%.


Polyphenylene Sulfide (PPS) Resins Market

*Market size in USD million

CAGR 6.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.7 %
Market Size (2024)USD 2,071.62 Million
Market Size (2031)USD 3,261.83 Million
Market ConcentrationMedium
Report Pages321
2,071.62
2024
3,261.83
2031

Major Players

  • DIC Corporation
  • Solvay
  • Celanese Corporation
  • NHU Materials Co
  • TORAY INDUSTRIES INC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polyphenylene Sulfide (PPS) Resins Market

Fragmented - Highly competitive market without dominant players


The Polyphenylene Sulfide (PPS) Resins Market is gaining momentum due to its unique combination of thermal endurance, chemical resistance, and mechanical reliability. These attributes position PPS resins as a preferred material in automotive, electronics, and aerospace industries. Currently, PPS accounts for nearly 40% of high-performance resin demand, reinforcing its dominance in critical applications.

Automotive Industry Utilization
The automotive sector contributes significantly to PPS resin adoption, representing close to 38% of total usage. PPS resins are utilized in engine components, fuel systems, and electrical housings, supporting efforts toward lightweighting and improved fuel efficiency. Their integration in next-generation vehicles underscores their role in shaping modern automotive engineering.

Electronics Sector Growth
In the electronics and electrical industry, PPS resins hold nearly 33% of market share. Known for flame retardancy, dielectric performance, and dimensional accuracy, they are crucial in connectors, switches, and circuit parts. Rising demand for compact and efficient devices further boosts their relevance in this fast-evolving sector.

Innovation in PPS Resin Development
Research and development initiatives are introducing new PPS resin formulations designed for greater durability, enhanced heat resistance, and structural improvements. Approximately 28% of emerging PPS innovations emphasize on boosting performance efficiency and enabling usage in high-demand industrial applications, contributing to long-term value creation.

Positive Market Outlook
The future of PPS resins appears promising with strong integration into sustainable technologies, energy-conscious systems, and advanced industrial designs. Close to 47% of new polymer-based innovations now include PPS resins, underlining their crucial role in market expansion and industrial advancement.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By End-User Industry
    3. Market Snapshot, By Region
  4. Polyphenylene Sulfide (PPS) Resin Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. High Temperature Resistance
        2. Increasing Demand in Automotive Industry
        3. Growth in Electrical and Electronics Sectors
      2. Restraints
        1. High Cost of PPS Resin
        2. Limited Recycling Options
        3. Competition from Substitute Materials
      3. Opportunities
        1. Advancements in Additive Manufacturing
        2. Expansion in Asia-Pacific Markets
        3. Innovations in PPS Composites
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Polyphenylene Sulfide (PPS) Resins Market, By Type, 2021 - 2031 (USD Million)
      1. Linear PPS
      2. Cured PPS
      3. Branched PPS
    2. Polyphenylene Sulfide (PPS) Resins Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Electrical & Electronics
      3. Industrial
      4. Aerospace
      5. Others
    3. Polyphenylene Sulfide (PPS) Resin Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DIC Corporation
      2. Solvay
      3. Celanese Corporation
      4. NHU Materials Co.
      5. Toray Industries, Inc.
      6. Kureha Corporation
      7. Prochase Enterprise Co., Ltd.
      8. CS Hyde Company
      9. Poly Fluoro Ltd.
      10. China Lumena New Materials Corp.
      11. RTP Company
      12. APSX LLC
      13. Vaisala Oyj
      14. Teijin Limited
      15. HDC Polyall
  7. Analyst Views
  8. Future Outlook of the Market