Polyphenylene Sulfide (PPS) Market Set to Soar: Rising Demand in Automotive & Electronics Drives Robust Global Growth 2025 | Top key players - DIC Corporation, Toray Industries, Inc., Celanese Corporation.

The Global Polyphenylene Sulfide (PPS) Market reached US$ 2.6 billion in 2022 and is expected to reach US$ 5.3 billion by 2031, growing with a CAGR of 9.6% during the forecast period 2024-2031.

The Polyphenylene Sulfide (PPS) Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.

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The Polyphenylene Sulfide (PPS) Market covers the production, distribution, and application of PPS, a high-performance, heat-resistant engineering thermoplastic. Known for its excellent chemical resistance, dimensional stability, and flame retardancy, PPS is widely used in automotive, electrical and electronics, industrial, and coating industries. The market tracks demand trends, technological advancements, and regional consumption patterns influencing its global growth.

Prominent Industry players in the Polyphenylene Sulfide (PPS) Market

The prominent players in Polyphenylene Sulfide (PPS) market research report are: DIC Corporation, Toray Industries, Inc., Celanese Corporation, Solvay SA, Kureha Corporation, Lotte Chemical Corporation, Mitsubishi, Chemical Group, Tosoh Corporation, Zhejiang NHU Special Materials Co., Ltd. and Polyplastics Co., Ltd.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

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Industry News:

✅ October 04, 2023 - Solvay introduced two new Ryton polyphenylene sulfide (PPS) grades - Ryton Supreme HV and Ryton Supreme HF. Specifically engineered for the automotive electrification market, these new PPS grades help reduce charging times and extend driving ranges, supporting the industry's shift toward electric vehicles.

✅ January 23, 2021 - Kureha Corporation expanded production at its Iwaki Factory in Japan by adding a new PPS manufacturing facility. The expansion increased the plant's annual capacity from 10,700 tons to 15,700 tons, meeting rising demand in the global PPS market.

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Market Segments

By Type: Linear Polyphenylene Sulfide, Curved Polyphenylene Sulfide, Branched Polyphenylene Sulfide.

By Form: Compounds, Fibers, Filaments, Films, Coatings, Others.

By Grade: Glass-Reinforced Grades, Glass-Fiber/Particulate-Mineral-Filled Grades, Carbon-Fiber-Reinforced Grades, Lubricated Fiber-Filled Grades.

By Application: Insulation, Packaging, Plugs and Switches, Relays, Medical Devices, Filter Bags, Others.

By End-User: Automotive, Electrical and Electronics, Industrial, Aerospace, Healthcare, Coatings, Others.

The Polyphenylene Sulfide (PPS) industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.

Regions Covered:

The global Polyphenylene Sulfide (PPS) Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

FAQs:

✒ What is driving the growth of the Polyphenylene Sulfide (PPS) Market?
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