Market Overview

The Global Polyphenylene Sulfide (PPS) Resin Market was valued at USD 1,889.6 million in 2023 and is expected to reach USD 3,934.2 million by 2031 while growing at a CAGR of 9.6% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global polyphenylene sulfide (PPS) resin market growth. Polyphenylene Sulfide (PPS) belongs to the class of aromatic polymers and is a high-performance thermoplastic known for exceptional thermal stability, chemical resistance, and mechanical properties. Its unique set of properties stems from a linear, aromatic backbone structure.

Increasing demand in the automotive and growing electrical and electronics industries propels polyphenylene sulfide (PPS) market growth. However, obstacles such as high manufacturing costs and limited application scope may impede further expansion.

Furthermore, the global polyphenylene sulfide (PPS) resin industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Polyphenylene Sulfide (PPS) Resin Market is segmented among Linear PPS, Cured PPS, and Branched PPS, based on Type. In 2023, Linear PPS accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End-user Industry Analysis

The Global Polyphenylene Sulfide (PPS) Resin Market is segmented among Automotive, Electrical and Electronics, Industrial, Aerospace, and Other End-User Industries, based on End-user Industry. In 2023, Automotive accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Polyphenylene Sulfide (PPS) Resin Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Celanese Corporation, DIC Corporation, Kolon Plastics Inc., Kureha Corporation, NHU Materials Co., Polyplastics Co. Ltd, SABIC, SK Innovation, Solvay, and Toray Industries, Inc.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Polyphenylene Sulfide (PPS) Resin Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Polyphenylene Sulfide (PPS) Resin Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Polyphenylene Sulfide (PPS) Resin Market Segmentation, By Type 

• Global Polyphenylene Sulfide (PPS) Resin Market Share Analysis, By Type 

• Global Polyphenylene Sulfide (PPS) Resin Market Growth Analysis, By Type 

• Global Polyphenylene Sulfide (PPS) Resin Market Trends, By Type 

o Linear PPS

o Cured PPS

o Branched PPS

6. Global Polyphenylene Sulfide (PPS) Resin Market Segmentation, By End-user Industry

• Global Polyphenylene Sulfide (PPS) Resin Market Share Analysis, By End-user Industry

• Global Polyphenylene Sulfide (PPS) Resin Market Growth Analysis, By End-user Industry

• Global Polyphenylene Sulfide (PPS) Resin Market Trends, By End-user Industry

o Automotive

o Electrical and Electronics

o Industrial

o Aerospace

o Other End-User Industries

7. Global Polyphenylene Sulfide (PPS) Resin Market Segmentation, By Region

• Global Polyphenylene Sulfide (PPS) Resin Market Share Analysis, By Region

• Global Polyphenylene Sulfide (PPS) Resin Market Growth Analysis, By Region

• Global Polyphenylene Sulfide (PPS) Resin Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Celanese Corporation*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• DIC Corporation

• Kolon Plastics Inc

• KUREHA CORPORATION

• NHU Materials Co.

• Polyplastics Co. Ltd

• SABIC

• SK Innovation

• Solvay

• TORAY INDUSTRIES, INC

 *Similar analysis will be provided for each company listed above.