Polyphenylene Sulfide Market is Forecasted to Reach 237.5 kilotons in 2031, Says Stratview Research

The global Polyphenylene Sulfide market size was valued at 172.6 kilotons in 2024 and is projected to reach 237.5 kilotons by 2031, witnessing a market growth CAGR of 4.6% from 2025 to 2031, according to an analysis by Stratview Research.

Stratview Research, a global market research firm, has launched a report on the global Polyphenylene Sulfide market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2024: 172.6 kilotons
Market Size in 2031: 237.5 kilotons
Growth (CAGR): 4.6% during 2025-2031
Leading End-Product-Form Type: Molded/Compounded Products
Leading End-User Type: Automotive
Leading Region: Asia-Pacific
Forecast Period: 2025-2031
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Polyphenylene Sulfide Market:

The global Polyphenylene Sulfide market is segmented based on End-Product Form type, End-User type, and Region.

Based on the End-Product Form type -

- The polyphenylene sulfide market is segmented into molded/compounded products, fibers, coatings, films, and others (filaments and monofilaments).
- PPS compounds and molded products have extensive industrial applications, recognized for their durability and reliability. They demonstrate stronger resistance to creep and stress relaxation than most conventional thermoplastic materials, making them a preferred choice in demanding environments.
- PPS (Polyphenylene Sulfide) film is an unreinforced, impact-modified extrusion grade resin known for its high-performance characteristics. It combines excellent tensile elongation with superior flexibility and ductility, while also delivering outstanding impact strength and resistance to high temperatures, making it suitable for a wide range of demanding applications.

Based on the End-User type -

- The market is segmented into automotive, electronics & electricals, filter media, aerospace & defense, industrial, and others.
- PPS products provide outstanding heat and chemical resistance, delivering long-term durability and reliability for automotive applications. They are widely used across ignition, fuel, drive, control, and cooling systems.
- In the electrical and electronics sector, PPS is extensively used due to its high insulation resistance and stability under harsh conditions. It is commonly applied in connectors, switches, and printed circuit boards (PCBs). Its inherent flame retardancy further enhances safety, making it highly valuable for applications where fire resistance is critical.
- PPS (Polyphenylene Sulfide) is widely used in filter bag media for dust collection applications, particularly where strong resistance to acids and alkalis is essential. Its ability to withstand high temperatures makes it highly effective for fine filtration in harsh operating environments, ensuring reliable and long-lasting performance.

Which region shows the most promising growth forecast and opportunity?

- In terms of region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
- The Asia-Pacific region holds a dominant position in the market, driven by the strong growth of the automotive sector in major economies such as India and China. In addition, the accelerating adoption of electric vehicles, coupled with significant investments across automotive, electrical & electronics, and consumer electronics industries, is fuelling further expansion. Rising demand for lightweight, high-performance materials in both automotive and electronics applications continues to strengthen the region's growth trajectory.
- In North America, the demand for polyphenylene sulfide (PPS) is shaped by the region's emphasis on sustainable manufacturing practices and the growing use of advanced materials to support innovation in automotive and aerospace industries.
- Growth in the Europe region is largely driven by its well-established electronics manufacturing sector, complemented by a strong and technologically advanced automotive industry that continues to support market expansion.

Polyphenylene Sulfide Market Drivers:

Some of the key drivers listed in the report are given below.
- The growth of the polyphenylene sulfide (PPS) market is primarily influenced by several structural drivers. A significant factor is the rising demand for lightweight vehicle components, as manufacturers prioritize fuel efficiency and regulatory compliance with emission standards.
- Additionally, PPS is increasingly being adopted as a substitute for conventional plastics in sectors such as automotive and electronics, owing to its superior performance profile. Furthermore, the market is benefiting from the growing requirement for materials that offer enhanced thermal stability, durability, and reliability in high-performance applications across diverse industries.

Competitive Landscape: Top Companies in the Polyphenylene Sulfide Market:

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the Polyphenylene Sulfide Market:

• Toray Industries
• DIC Corporation
• Solvay S.A.
• Zhejiang Xinhecheng
• Fortron Industries
• Kureha Corporation
• HDC Group
• Befar Group Co., Ltd.
• Chongqing Glion New Material Technology Co., Ltd.
• Changzhi Huojia Industry

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Please write to us at sales@stratviewresearch.com

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Polyphenylene Sulfide market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

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This release was published on openPR.