Press release
Global Fluoropolymer Coating Market Accelerates with Rising Infrastructure, Industrial, and High-Performance Surface Protection Demand
Polyphenylene Sulfide (PPS) Composites Market SizeThe global market for Polyphenylene Sulfide (PPS) Composites was valued at US$ 2736 million in the year 2024 and is projected to reach a revised size of US$ 4675 million by 2031, growing at a CAGR of 8.1% during the forecast period.
Major Trends
• Increasing demand for corrosion-resistant industrial coatings
• Growth in architectural façade protection solutions
• Rising adoption in electrical insulation applications
• Expansion of non-stick kitchenware coatings globally
• Strong demand from chemical processing industries
• Shift toward high-durability, low-maintenance materials
• Asia-Pacific emerging as manufacturing hub
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The global key manufacturers of Polyphenylene Sulfide (PPS) Composites include Toray, Solvay, DIC, Celanese, Polyplastics, Ensinger, Teijin, RTP Company, and Zhejiang NHU, etc. The global top five players had a share approximately 61% in terms of revenue.
China is the largest market, has a share about 30%, followed by Europe and US & Canada, with share 21% and 20%, separately.
In terms of product type, Glass Fiber Reinforced PPS (PPS-GF) is the largest segment, occupied for a share of 59%, and in terms of application, Automotive has a share about 29 percent.
By Type
• Glass Fiber Reinforced PPS (PPS-GF)
• Carbon Fiber Reinforced PPS (PPS-CF)
By Application
• Automotive
• Aerospace and Defense
• Electrical and Electronic
Key Companies
Toray, Solvay, DIC, Celanese, Polyplastics, Ensinger, Teijin, RTP Company, Zhejiang NHU, Xiamen LFT Composite Plastic
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