Polyphenylene Sulfide (PPS) Resins Market: Global Size, Share, Trends, Growth and Forecast, 2023-2032

Polyphenylene Sulfide (PPS) Resins Market Overview 

Polyphenylene Sulfide (PPS) is a high-performance thermoplastic resin that is characterized by its high temperature resistance, excellent chemical resistance, and good dimensional stability. It is made by the polymerization of p-phenylene sulfide and is used in a wide range of applications including automotive, aerospace, electronics, and industrial manufacturing.

The global Polyphenylene Sulfide (PPS) Resins Market is driven by the increasing demand for high-performance materials in various industries. The growing automotive and aerospace industries, as well as the demand for electronic components with high thermal and chemical resistance, are key factors driving the demand for PPS resins.

The PPS resins market is highly competitive, with key players including DIC Corporation, Toray Industries, Inc., Solvay S.A., and Celanese Corporation. The market is also characterized by several regional players in different parts of the world.

Overall, the PPS resins market is expected to continue to grow in the coming years, driven by the increasing demand for high-performance materials in various industries. The development of new PPS resin grades with improved properties such as increased strength, stiffness, and flame retardancy is also expected to contribute to market growth.

KD Market Insights added a title on “Polyphenylene Sulfide (PPS) Resins Market - 2022-2032” to its collection of industry research reports that offers extensive and highly detailed current and future market trends in the global and regional/market. The report includes market size, Y-O-Y growth analysis and structure of the overall industry based on a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise.

The market research report demonstrates market dynamics which includes growth drivers, restraining factors and opportunities and trends spearheading current nature and future status of this market. Our general approach is to target several individuals with specific questions that we believed would satisfy our research objective. Further, to speed up the data collection process, we employed an online survey, delivered via email. The research team analyzed the results to identify potential opportunities and risks for the market.

In addition, the report offers recent industry activities and value chain analysis for the Polyphenylene Sulfide (PPS) Resins Market. Moreover, Porter’s Five Forces analysis demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in Polyphenylene Sulfide (PPS) Resins Market. Along with figures and tables, a market attractiveness and BPS analysis has been provided for every segment in the report.

Global Polyphenylene Sulfide (PPS) Resins Market Size & Forecast

Global Polyphenylene Sulfide (PPS) Resins market witnessed a market value of USD 1.7 billion in 2022 and is estimated to reach USD 2.8 billion in 2032, registering a compound annual growth rate (CAGR) of 5.1% between 2023 and 2032. The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the geographies are fragmented into the country and regional groupings:

- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Global Polyphenylene Sulfide (PPS) Resins Market Segmentation

The research offers a comprehensive analysis of global Polyphenylene Sulfide (PPS) Resins market with respect to following sub-markets:

Based on Application:

- Electrical & Electronics
- Automotive
- Aerospace & Defense
- Industrial
- Filters & Filter bags
- Coatings
- Others

Global Polyphenylene Sulfide (PPS) Resins Market: Competitive Landscape

The report also highlights the competitive landscape of the global Polyphenylene Sulfide (PPS) Resins market, market share and positioning of all the major players in the industry. The competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as company overview, financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, Application development, research & development and other market activities).

The report includes profiles of leading companies in the global Polyphenylene Sulfide (PPS) Resins market. Some of the key players profiled include:

- Solvay SA
- Toray Industries
- Kureha Corporation
- Fortron Industries LLC
- DIC Corporation
- Initz Co. Ltd.
- Tosoh Corporation
- Zhejiang NHU Special Materials Co. Ltd.
- Chengdu Letian Plastics Co. Ltd.
- Lion Idemitsu Composites
- Other Major & Niche Key Players

Timeline Considered for Analysis:

- 2022 – Base Year
- 2023 – Estimated Year
- 2023 to 2032 – Forecasted Year

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Polyphenylene Sulfide (PPS) Resins Industry Report:

- What is the overall market size in 2022 ? What will be the market growth during the forecast period i.e. 2023-2032?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Drivers & Issues in Global Polyphenylene Sulfide (PPS) Resins Market
3. Global Polyphenylene Sulfide (PPS) Resins Market Trends
4. Opportunities in Global Polyphenylene Sulfide (PPS) Resins Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Polyphenylene Sulfide (PPS) Resins Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

9. Global Polyphenylene Sulfide (PPS) Resins Market Segmentation Analysis, By Application
9.1. Introduction
9.2. Market Attractiveness, By Application
9.3. BPS Analysis, By Application
9.4. Electrical & Electronics Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.5. Automotive Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.6. Aerospace & Defense Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.7. Industrial Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.8. Filters & Filter bags Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.9. Coatings Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
9.10. Others Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

10. Geographical Analysis
10.1. Introduction
10.2. North America Polyphenylene Sulfide (PPS) Resins Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.1. By Application
10.2.2. By Country
10.2.2.1. Market Attractiveness, By Light Type
10.2.2.2. BPS Analysis, By Light Type
10.2.2.3. U.S. Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.2.2.4. Canada Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

10.3. Europe Polyphenylene Sulfide (PPS) Resins Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.1. By Application
10.3.2. By Country
10.3.2.1. Market Attractiveness, By Country
10.3.2.2. BPS Analysis, By Country
10.3.2.3. Germany Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.4. United Kingdom Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.5. France Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.6. Italy Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.7. Spain Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.8. Russia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.3.2.9. Rest of Europe Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

10.4. Asia Pacific Polyphenylene Sulfide (PPS) Resins Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.1. By Application
10.4.2. By Country
10.4.2.1. Market Attractiveness, By Country
10.4.2.2. BPS Analysis, By Country
10.4.2.3. China Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.4. India Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.5. Japan Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.6. South Korea Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.7. Indonesia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.8. Taiwan Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.9. Australia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.10. New Zealand Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.4.2.11. Rest of Asia Pacific Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

10.5. Latin America Polyphenylene Sulfide (PPS) Resins Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.1. By Application
10.5.2. By Country
10.5.2.1. Market Attractiveness, By Country
10.5.2.2. BPS Analysis, By Country
10.5.2.3. Brazil Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.2.4. Mexico Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5.2.5. Rest of Latin America Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

10.6. Middle East & Africa Polyphenylene Sulfide (PPS) Resins Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.1. By Application
10.6.2. By Geography
10.6.2.1. Market Attractiveness, By Geography
10.6.2.2. BPS Analysis, By Geography
10.6.2.3. GCC Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.2.4. North Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.2.5. South Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6.2.6. Rest of Middle East & Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2019-2025

11. Competitive Landscape
11.1. Market Share of Key Players
11.2. Market Positioning of Major Players in Global Polyphenylene Sulfide (PPS) Resins Market
11.3. Company Profiles
11.3.1. Solvay SA
11.3.1.1. Product Offered
11.3.1.2. Business Strategy
11.3.1.3. Financials
11.3.1.4. SWOT Analysis
11.3.1.5. Market Share Analysis
11.3.1.6. Key Achievements & Developments
11.3.2. Toray Industries
11.3.3. Kureha Corporation
11.3.4. Fortron Industries LLC
11.3.5. DIC Corporation
11.3.6. Initz Co. Ltd.
11.3.7. Tosoh Corporation
11.3.8. Zhejiang NHU Special Materials Co. Ltd.
11.3.9. Chengdu Letian Plastics Co. Ltd.
11.3.10. Lion Idemitsu Composites
11.3.11. Other Major & Niche Key Players