Press release
Polyphenylene Sulfide (PPS) Market Research Report 2025 | Global Key Player - Tosoh Corp., DIC Corp., Toray Industries Inc., Kureha Corp., Solvay SA, China Lumena New Materials Corp., Among Others.
Polyphenylene Sulfide
Various reinforcing materials such as glass fibers help in reinforcing polyphenylene sulfide to enhance its thermal and mechanical properties. PPS is generally applied in injection molding processes and can even be turned into films and coatings. These versatile properties make PPS a preferred choice for diverse applications across various industries.
Polyphenylene Sulfide Market Taxonomy:
On the basis of application, the global market is classified into:
Automotive
Electrical & electronics
Industrial
Filter bags
Aerospace
Coatings
Other applications (sterilizable medical, dental, and laboratory equipment, hair dryer grills, and components)
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Key players focusing on organic growth strategies to ensure sustainable growth in the polyphenylene sulfide market
Various leading companies in the global polyphenylene sulfide market have been launching new products with more advanced features to increase the application area and in turn enhance market presence of the players. For instance, DIC introduced impact modified PPS, an elastomer-modified PPS, which possessed features such as elongation, improved strength, excellent performance even under high temperature and humidity, and low flash level.
The company added a new PPS compounding unit to the facility, which helps in replacement of thermo sets and metals in certain applications like aerospace, automotive and electronics. The PPS market is expected to witness increasing competition over the near future with emergence of various local players focusing on capitalizing on lucrative growth opportunities on offer in the market.
Polyphenylene Sulfide Market Outlook – Increased consumption of PPS in high-temperature applications driving market growth
Owing to its properties such as superior performance, PPS finds wide application in high-temperature processes. This factor is projected to notably drive the market growth over the forecast period. Besides, the recyclable nature of PPS, along with its ability to increase fuel economy and cut emission levels, is expected to further increase its demand, globally.
Asia-Pacific market for polyphenylene sulfide is expected to witness the fastest growth, during 2016-2024. This growth can be owed to increased demand from emerging markets in the region, including India and China
The key players operating in the global polyphenylene sulfide market are Tosoh Corp., DIC Corp., Toray Industries Inc., Kureha Corp., Solvay SA, China Lumena New Materials Corp., Lion Idemitsu Composites Co. Ltd., FORTRAN Industries LLC, Initz Co. Ltd. and Zhejiang NHU Special Materials, among others.
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