He had previously beaten Trump in the Xi’an Grand Prix and the Northern Ireland Open finals in 2024.
Wilson was playing in his first Players Championship final, while Trump was aiming for his third title in this event, having last won in 2019-20.
Trump set the record for the most ranking titles in a season that term, with six wins.
Wilson has two ranking tournaments remaining this campaign to equal that record – the Tour Championship in Manchester, starting on 31 March, before he attempts to defend his world title in Sheffield, beginning on 19 April.
Former world champion Trump has won three events himself this term, two of them ranking titles, and has earned the most prize money in a single campaign.
The pair will be among the favourites for the 2025 World Championship, alongside Masters champion Shaun Murphy and four-time winner Mark Selby.
Seven-time winner Ronnie O’Sullivan is not scheduled to play again until the World Championship after withdrawing from several events for medical reasons meant he did not qualify for the Players Championship or Tour Championship.