Polyphenylene Sulfide (PPS) Composite Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2031)

The Polyphenylene Sulfide (PPS) Composite Market Report is Segmented by Type (Glass Fiber-Reinforced Composites, Carbon Fiber-Reinforced Composites, and Other Types), Form (Molding Compounds, Films, and More), End-User Industry (Automotive, Aerospace and Defense, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Polyphenylene Sulfide (PPS) Composite Market Size and Share

Polyphenylene Sulfide (PPS) Composite Market Size
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Benchmark Polyphenylene Sulfide (PPS) Composite Against Other Chemicals & Materials Markets

Polyphenylene Sulfide (PPS) Composite Market Analysis by Mordor Intelligence

The Polyphenylene Sulfide (PPS) Composite Market size was valued at USD 2.93 billion in 2025 and is estimated to grow from USD 3.17 billion in 2026 to reach USD 4.67 billion by 2031, at a CAGR of 8.06% during the forecast period (2026-2031). Demand is being shaped by electric vehicle battery systems, compact high-frequency electronics, and hydrogen infrastructure, all of which require materials that can tolerate heat, chemicals, and electrical stress through extended service periods. PPS composites offer continuous-use capability at 200 °C to 240 °C, inherent UL 94 V-0 flame retardancy, and resistance to automotive coolants and battery electrolytes, which makes them relevant where a component cannot be redesigned around a lower-performance polymer. The polyphenylene sulfide (PPS) composite market is becoming more dependent on Asian production and consumption networks, since the Asia-Pacific region represented 62.87% of the value in 2025. Resin producers are expanding capacity and developing specialized grades, while compounders are adapting materials for vehicle, electronics, filtration, and energy applications that require distinct combinations of stiffness, electrical performance, and chemical resistance. This creates a business environment across the value chain for customers and suppliers alike in which material selection is linked to component design, production methods, regulatory compliance, and the ability to keep critical systems operating reliably over their planned service life. Cost pressure, equipment corrosion, and competition from high-temperature polyamides continue to influence material selection in applications with lower thermal requirements, especially where manufacturers weigh process economics against long-term component reliability.

Key Report Takeaways

  • By type, glass fiber-reinforced composites held 58.45% of the polyphenylene sulfide (PPS) composite market share in 2025, while carbon fiber-reinforced composites are projected to advance at an 8.75% CAGR through 2031.
  • By form, molding compounds held 68.03% of the polyphenylene sulfide (PPS) composite market share in 2025, while films are projected to advance at a 9.13% CAGR through 2031.
  • By end-user industry, automotive held 34.72% of the polyphenylene sulfide (PPS) composite market share in 2025, while aerospace and defense are projected to advance at a 9.36% CAGR through 2031.
  • By geography, Asia-Pacific held 62.87% of the polyphenylene sulfide (PPS) composite market share in 2025 and is projected to advance at a 9.21% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Polyphenylene Sulfide (PPS) Composite Market Segment Analysis

By Type:

Glass Fiber-reinforced Composites Gain Demand, While Carbon Fiber-reinforced Composites Accelerate

Glass fiber-reinforced composites held 58.45% of the polyphenylene sulfide (PPS) composite market share in 2025, supported by established processing practices in automotive, electrical, and industrial filtration applications. Glass fiber loading of 30% to 40% enables heat-deflection temperatures close to 260 °C and helps components retain dimensional stability during coolant or chemical exposure. These grades remain a practical choice for high-volume injection-molded parts because established tooling and material specifications reduce the time needed to introduce a qualified component. They are used in cooling systems, electrical connectors, pump bodies, and other components that require heat resistance with manageable material cost. The broad application base supports continued demand for this type across established end uses and gives suppliers a durable base for grade development.

Carbon fiber-reinforced composites are projected to advance at an 8.75% CAGR through 2031, supported by aerospace qualification activity and demand for lightweight electric vehicle battery enclosures. Continuous carbon fiber PPS composites can be welded, thermoformed, and recycled, unlike thermoset carbon-epoxy materials. This processing flexibility supports manufacturers that are seeking to reduce part counts and production waste without giving up the stiffness required for structural or semi-structural components. It also enables applications that require high stiffness with lower component weight, which broadens the role of continuous-fiber formats in the polyphenylene sulfide (PPS) composite market. 

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Polyphenylene Sulfide (PPS) Composite Market Share by Type, 2025
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Polyphenylene Sulfide (PPS) Composite Market Share by Type, 2025

By Form:

Molding Compounds Lead, While Films Support Growth

Molding compounds accounted for 68.03% of the polyphenylene sulfide (PPS) composite market size in 2025, reflecting the scale of injection molding in automotive and electrical manufacturing. Their formulations can vary by glass fiber content from 10% to 65%, mineral filler additions, and flame-retardant packages. This flexibility lets one material platform support multiple parts across a vehicle portfolio, while allowing compounders to tailor a grade to the duty cycle of a specific component. It also reduces the need for procurement teams to qualify unrelated materials under demanding development schedules. Molding compounds remain central to applications that require consistent dimensions, chemical resistance, and efficient production.

Films are projected to advance at a 9.13% CAGR through 2031 as 5G base stations and millimeter-wave radar systems require high-frequency substrates. These applications require low transmission loss and resistance to demanding processing temperatures, which places greater weight on dielectric stability during both manufacturing and use. DIC CORPORATION and Unitika Ltd. announced in October 2024 that their PPS film offered stable dielectric properties from 10 to 1,000 gigahertz, reflow resistance, and sputtering-compatible copper adhesion. Sheets and plates support aerospace and industrial uses that require machined precision. 

By End-User Industry:

Aerospace and Defense Advances While Automotive Anchors Demand

Automotive held 34.72% of the polyphenylene sulfide (PPS) composite market share in 2025. Electric vehicle platforms use PPS composites in thermal-management parts, high-voltage connector bodies, and busbar overmolds. These applications need consistent performance above 150 °C in environments that combine heat, vibration, electrical loading, and chemical exposure. Metal replacement and part consolidation also support PPS use in underhood and battery-system components. The automotive base provides predictable demand for glass fiber-reinforced molding grades and remains an important reference point for suppliers expanding vehicle-specific grades.

Aerospace and defense are projected to advance at a 9.36% CAGR through 2031, driven by the continued qualification of continuous carbon fiber PPS laminates in aircraft structures and defense electronics. PPS composites have been qualified for Airbus A350 fuselage connectors and bracket applications, including continuous carbon fiber PPS systems that connect composite frame structures to fuselage wall panels. Testing of Teijin Carbon America's carbon fiber PPS materials supported Supernal LLC's aircraft structure development in 2025. Electrical and electronics demand is supported by PPS moisture absorption below 0.05%, which helps preserve signal stability in high-humidity 5G base-station settings. Industrial oil and gas applications use PPS for resistance to hydrogen sulfide, crude oil, and downhole chemicals in pump components and valve bodies, where material durability affects maintenance requirements.

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Polyphenylene Sulfide (PPS) Composite Market Share by End-user Industry, 2025
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Polyphenylene Sulfide (PPS) Composite Market Share by End-user Industry, 2025

Geography Analysis

APAC Polyphenylene Sulfide (PPS) Composite Market

Asia-Pacific held 62.87% of the polyphenylene sulfide (PPS) composite market share in 2025 and is projected to advance at a 9.21% CAGR through 2031. China has the largest electric vehicle production base and uses PPS composite thermal barriers, structural brackets, and coolant-system connectors in battery packs. The region combines resin production, compounding capacity, and end-use manufacturing, which shortens supply paths between material qualification and component production. Japan and South Korea remain important sources of high-grade PPS resin through multi-plant systems operated by TORAY INDUSTRIES, INC., DIC CORPORATION, KUREHA CORPORATION, and SK chemicals. This regional production base reinforces Asia-Pacific’s role in the polyphenylene sulfide (PPS) composite market.

China’s expanding capacity is increasing import substitution in mid-grade automotive and industrial composites. NHU PM is targeting a total PPS production of 30,000 metric tons per year through its Phase IV project. Dongtai Qixin began construction of an 80,000-metric-tons-per-year PPS resin project in Huangshan, Anhui Province, in August 2025. The project had a Phase I investment of CNY 1.6 billion (approximately USD 220 million). This capacity expansion is raising competitive pressure on Japanese and Korean producers in downstream applications.

The Americas and EMEA Polyphenylene Sulfide (PPS) Composite Market

North America’s demand is supported by aerospace and defense procurement, automotive thermal management, and industrial filtration. Syensqo expanded its Ryton PPS compounding capability in Augusta, Georgia, in May 2025 at an International Automotive Task Force 16949-certified site. Europe benefits from automotive electrification in Germany and France, and aerospace composites in the United Kingdom and France. South America and the Middle East and Africa are projected to remain modest contributors through 2031, although Saudi Arabia’s energy investment supports demand for refinery and desalination components.

Polyphenylene Sulfide (PPS) Composite Market Growth Rate by Region
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Competitive Landscape

Market Concentration

Polyphenylene Sulfide (PPS) Composite Market Concentration
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The polyphenylene sulfide (PPS) composite market is moderately concentrated, with the top five players including TORAY INDUSTRIES, INC., Solvay, DIC Corporation, Celanese Corporation, and KUREHA CORPORATION. Competition at the resin level centers on capacity, grade breadth, and original equipment manufacturer qualifications, since qualification history can be difficult to reproduce quickly in high-performance applications. At the compounding level, Chinese producers such as NHU PM, SK Chemicals, and independent specialty compounders compete on local supply and application-specific formulations.

Celanese Corporation launched Fortron PPS ECO-R in October 2025 as an International Sustainability and Carbon Certification PLUS-certified recycled-content grade made through a mass-balance approach. The company also introduced a PPS grade for high-pressure electric vehicle cooling tubes at the same event. These moves show how suppliers are using sustainability claims and application-specific grades to support new customer qualifications, rather than relying solely on a broader base resin offering. They also create opportunities for established producers to build on existing vehicle and electronics relationships. Competition remains active as suppliers balance material performance, qualification requirements, and customer cost targets.

Patent activity in bipolar plates, battery separators, and high-frequency substrate resins is creating new competition in the polyphenylene sulfide (PPS) composite market, particularly where a supplier can combine polymer chemistry with the application knowledge needed to meet narrowly specified performance targets. Smaller participants such as Ensinger and RTP Company compete in precision-machined and specialty-compounded grades, where application engineering, low minimum order quantities, rapid technical support, and the ability to modify a formulation for an individual part can matter more than a broad production footprint. IDEMITSU FINE COMPOSITES CO., LTD. and Teijin Limited supply continuous-fiber aerospace thermoplastic composites that differ from commodity injection-molding grades, reflecting the separation between high-volume parts and the smaller group of applications that need advanced reinforcement formats. The polyphenylene sulfide (PPS) composite market, therefore, includes large resin suppliers and smaller businesses focused on narrowly defined technical requirements, with different customer relationships, production models, qualification cycles, and approaches to product development, giving customers a choice between scale-oriented material platforms and specialized suppliers that work closely with component designers during development.

Polyphenylene Sulfide (PPS) Composite Industry Leaders

  1. Celanese Corporation

  2.  TORAY INDUSTRIES, INC.

  3. Solvay

  4. DIC CORPORATION

  5. KUREHA CORPORATION

  6. *Disclaimer: Major Players sorted in no particular order

Polyphenylene Sulfide (PPS) Composite Market Companies Covered in this Report

  • Avient Corporation
  • Celanese Corporation
  • DIC CORPORATION
  • Ensinger
  • IDEMITSU FINE COMPOSITES CO., LTD.
  • KUREHA CORPORATION
  • LG Chem
  • NHU PM
  • RTP Company
  • SABIC
  • SK chemicals
  • Solvay
  • TEIJIN LIMITED
  • TORAY INDUSTRIES, INC.
  • Tosoh Corporation

Recent Industry Developments in Polyphenylene Sulfide (PPS) Composite Market

  • September 2026: Syensqo announced a new compounding line at its Panoli, India site for high-performance aromatic polymers, including Ryton polyphenylene sulfide (PPS), with operations planned for Q1 2028. The investment will double the site’s compounding capacity and strengthen local PPS compound supply for automotive and other high-performance applications.
  • June 2026: TORAY INDUSTRIES, INC. announced plans to establish a 3,000-ton-per-year TORELINA PPS resin compounding facility at its Sri City site in Andhra Pradesh, with operations expected to begin in early 2027. The facility will strengthen localized PPS compound supply for India’s growing automotive and engineering plastics applications.

Table of Contents for Polyphenylene Sulfide (PPS) Composite Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 EV Battery Thermal Management Integration
    • 4.2.2 Miniaturized High-Frequency Electronics
    • 4.2.3 Metal Replacement and Part Consolidation
    • 4.2.4 High-Temperature Filtration Upgrades
    • 4.2.5 Hydrogen Fuel-Cell Balance-of-Plant Adoption
  • 4.3 Market Restraints
    • 4.3.1 High Material and Processing Cost
    • 4.3.2 Competition from High-Temperature Polyamides
    • 4.3.3 Corrosion-Sensitive Processing Equipment
  • 4.4 Value Chain Analysis
  • 4.5 Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry
  • 4.6 Regulatory Landscape
  • 4.7 Technological Outlook

5. Market Size and Growth Forecasts (Value)

  • 5.1 By Type
    • 5.1.1 Glass Fiber-reinforced Composites
    • 5.1.2 Carbon Fiber-reinforced Composites
    • 5.1.3 Other Types
  • 5.2 By Form
    • 5.2.1 Molding Compounds
    • 5.2.2 Films
    • 5.2.3 Sheets and Plates
    • 5.2.4 Other Forms
  • 5.3 By End-user Industry
    • 5.3.1 Automotive
    • 5.3.2 Aerospace and Defense
    • 5.3.3 Industrial (Oil and Gas)
    • 5.3.4 Electrical and Electronics
    • 5.3.5 Other End-user Industries
  • 5.4 By Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 ASEAN Countries
    • 5.4.1.6 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 NORDIC Countries
    • 5.4.3.6 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share (%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global Overview, Market Overview, Core Segments, Financials as available, Strategic Information, Products and Services, and Recent Developments)
    • 6.4.1 Avient Corporation
    • 6.4.2 Celanese Corporation
    • 6.4.3 DIC CORPORATION
    • 6.4.4 Ensinger
    • 6.4.5 IDEMITSU FINE COMPOSITES CO., LTD.
    • 6.4.6 KUREHA CORPORATION
    • 6.4.7 LG Chem
    • 6.4.8 NHU PM
    • 6.4.9 RTP Company
    • 6.4.10 SABIC
    • 6.4.11 SK chemicals
    • 6.4.12 Solvay
    • 6.4.13 TEIJIN LIMITED
    • 6.4.14 TORAY INDUSTRIES, INC.
    • 6.4.15 Tosoh Corporation

7. Market Opportunities and Future Outlook

  • 7.1 White-Space and Unmet-Need Assessment

Global Polyphenylene Sulfide (PPS) Composite Market Report Scope

Polyphenylene sulfide (PPS) composites are high-performance engineering materials that combine PPS resin with reinforcing materials to improve mechanical strength, dimensional stability, thermal resistance, and chemical resistance. They are used where durable and lightweight materials are required to withstand demanding operating conditions.

The Polyphenylene Sulfide (PPS) Composite Market is segmented by type, form, end-user industry, and geography. By type, the market is segmented into glass fiber-reinforced composites, carbon fiber-reinforced composites, and other types. By form, the market is segmented into molding compounds, films, sheets and plates, and other forms. By end-user industry, the market is segmented into automotive, aerospace and defense, industrial (oil and gas), electrical and electronics, and other end-user industries. The report also covers the market size and forecasts for polyphenylene sulfide (PPS) composites across 15 countries. For each segment, the market sizing and forecasts have been done on the basis of value (USD).

Segmentation Overview

By Type
Polyphenylene Sulfide (PPS) Composite Market segmentation breakdown
Glass Fiber-reinforced Composites
Carbon Fiber-reinforced Composites
Other Types
By Form
Polyphenylene Sulfide (PPS) Composite Market segmentation breakdown
Molding Compounds
Films
Sheets and Plates
Other Forms
By End-user Industry
Polyphenylene Sulfide (PPS) Composite Market segmentation breakdown
Automotive
Aerospace and Defense
Industrial (Oil and Gas)
Electrical and Electronics
Other End-user Industries
By Geography
Polyphenylene Sulfide (PPS) Composite Market segmentation breakdown
Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
Polyphenylene Sulfide (PPS) Composite Market segmentation breakdown
By Type Glass Fiber-reinforced Composites
Carbon Fiber-reinforced Composites
Other Types
By Form Molding Compounds
Films
Sheets and Plates
Other Forms
By End-user Industry Automotive
Aerospace and Defense
Industrial (Oil and Gas)
Electrical and Electronics
Other End-user Industries
By Geography Asia-Pacific China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa

Key Questions Answered in the Report

What is the size of the polyphenylene sulfide (PPS) composite market?

The polyphenylene sulfide (PPS) composite market stands at USD 3.17 billion in 2026 and is projected to reach USD 4.67 billion by 2031.

What is driving demand for PPS composites?

Electric vehicle thermal management, lightweight metal replacement, high-frequency electronics, industrial filtration, and hydrogen systems support demand.

Which type held the largest share in 2025?

Glass fiber-reinforced composites held 58.45% of the value in 2025, supported by automotive, electrical, and industrial applications.

Which form is projected to grow fastest through 2031?

Films are projected to advance at a 9.13% CAGR through 2031 because of demand for high-frequency electronic substrates.

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