PUBLISHER: QYResearch | PRODUCT CODE: 1862465
PUBLISHER: QYResearch | PRODUCT CODE: 1862465
The global market for Polyphenylene Sulfide (PPS) was estimated to be worth US$ 1334 million in 2024 and is forecast to a readjusted size of US$ 2121 million by 2031 with a CAGR of 7.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Polyphenylene Sulfide (PPS) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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 aims to provide a comprehensive presentation of the global market for Polyphenylene Sulfide (PPS), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Polyphenylene Sulfide (PPS) by region & country, by Type, and by Application.
The Polyphenylene Sulfide (PPS) market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polyphenylene Sulfide (PPS).
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Polyphenylene Sulfide (PPS) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Polyphenylene Sulfide (PPS) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Polyphenylene Sulfide (PPS) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.