Market Forecast By Type (Epoxy (EMC), Phenolic, Polyester (SMC/BMC), Melamine, Others (Urea, Silicone, etc.), By End-User (Electronics & Electrical, Automotive, Consumer Appliances, Industrial Equipment, Others (Aerospace, Medical Devices, etc.)), By Resin Type (Epoxy, Silicone, Polyurethane, Others (Acrylate/UV, etc.)), By Application (Transfer/Compression Molding (EMC), Underfills, Liquid Encapsulation, LED/Optical Encapsulation), And Competitive Landscape
Product Code: ETC5738643 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 19 | No. of Tables: 5 | |
Taiwan Molding Compound Market Report thoroughly covers the market By Type, By End-User, By Resin Type, By Application. Taiwan Molding Compound Market Outlook report provides an unbiased and detailed analysis of the ongoing Taiwan Molding Compound Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
In recent years, the Taiwan molding compound market demonstrated robust growth, primarily driven by the escalating demand from the semiconductor, electronics, and automotive sectors. In 2024, the country witnessed an increase in semiconductor exports and a substantial growth in electronic component output. This surge is largely attributed to the rapid advancements in 5G, AI, and electric vehicles (EVs), each contributing significantly to the expansion of the market.
As the demand for cutting-edge electronic devices and systems intensifies, so does the need for high-performance molding compounds, particularly epoxy and phenolic resins, which are critical in semiconductor packaging, printed circuit board (PCB) insulation, and optoelectronics.
According to 6Wresearch, Taiwan Molding Compound Market is projected to grow at a CAGR of 8.9% from 2025 to 2031, supported by continued investments in AI infrastructure, the expansion of the electric vehicle market, and the rise of advanced packaging technologies. Taiwan's robust Electrical & Electronics (E&E) industry, which contributes to the nation’s GDP, remains the primary driver of this growth, with semiconductor packaging and automotive electronics leading the demand for high-performance molding compounds.
The electric vehicle sector, expected to experience growth by 2030, would be a key catalyst for increased demand for advanced molding compounds, particularly those offering high thermal stability and flame retardancy for use in battery systems and electronic components. Simultaneously, Taiwan’s strategic focus on AI infrastructure, including developments in silicon photonics and quantum computing, would further drive the adoption of bulk molding compounds (BMC) and sheet molding compounds (SMC), solidifying Taiwan’s position as a global leader in high-tech manufacturing.
Polyester molding compounds are projected to register the fastest growth rate, supported by rising adoption in automotive, industrial equipment, and renewable energy components, where their lightweight, corrosion-resistant, and dimensionally stable properties align with evolving design and performance requirements.
Epoxy resins dominate Taiwan’s semiconductor packaging encapsulant materials market due to their low cost, high reliability, and compatibility with mainstream packaging formats, making them ideal for high-volume chip production. Their excellent thermal, mechanical, and moisture resistance further reinforces their preference over alternative resins.
Transfer/Compression Molding leads the Taiwan semiconductor packaging encapsulant materials market as it offers high throughput, cost efficiency, and uniform encapsulation quality, making it ideal for mass production. Its reliability in protecting chips from thermal, mechanical, and moisture stress further drives its dominance across mainstream packaging lines.
The automotive segment is expected to witness the fastest growth, driven by the expansion of electric vehicle production, the shift toward lightweight materials, and the rising need for heat-resistant, high-performance components in both domestic manufacturing and export-oriented automotive parts industries.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Taiwan Molding Compound Market Overview |
3.1. Taiwan Molding Compound Market Revenues, 2021 - 2031F |
3.2. Taiwan Molding Compound Market - Industry Life Cycle |
3.3. Taiwan Molding Compound Market - Porter's Five Forces |
4. Taiwan Molding Compound Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Robust Demand from Electrical & Electronics (E&E) Industry |
4.2.2 Advancing Taiwan’s AI Infrastructure |
4.3 Market Restraints |
4.3.1 Volatility in Raw Material Prices |
4.3.2 Fragmented Domestic Market |
5. Taiwan Molding Compound Market Trends |
6. Taiwan Molding Compound Market Overview, By Type |
6.1 Taiwan Molding Compound Market Revenue Share and Revenues, By Type 2024 & 2031F |
6.1.1 Taiwan Molding Compound Market Revenues, By Epoxy (EMC), 2021-2031F |
6.1.2 Taiwan Molding Compound Market Revenues, By Phenolic, 2021-2031F |
6.1.3 Taiwan Molding Compound Market Revenues, By Polyester (SMC/BMC), 2021-2031F |
6.1.4 Taiwan Molding Compound Market Revenues, By Melamine, 2021-2031F |
6.1.5 Taiwan Molding Compound Market Revenues, By Others (Urea, Silicone, etc.), 2021-2031F |
7. Taiwan Molding Compound Market Overview, By End-User |
7.1 Taiwan Molding Compound Market Revenue Share and Revenues, By End-User 2024 & 2031F |
7.1.1 Taiwan Molding Compound Market Revenues, By Electronics & Electrical, 2021-2031F |
7.1.2 Taiwan Molding Compound Market Revenues, By Automotive, 2021-2031F |
7.1.3 Taiwan Molding Compound Market Revenues, By Consumer Appliances, 2021-2031F |
7.1.4 Taiwan Molding Compound Market Revenues, By Industrial Equipment, 2021-2031F |
7.1.5 Taiwan Molding Compound Market Revenues, By Others (Aerospace, medical devices, packaging, etc.), 2021-2031F |
8. Taiwan Semiconductor Packaging Encapsulant Materials Market Overview |
8.1. Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, 2021 - 2031F |
8.2. Taiwan Semiconductor Packaging Encapsulant Materials Market Revenue Share & Revenues, By Resin Type |
8.2.1 Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Epoxy, 2021-2031F |
8.2.2 Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Silicone, 2021-2031F |
8.2.3 Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Polyurethane, 2021-2031F |
8.2.4 Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Others, 2021-2031F |
8.3. Taiwan Semiconductor Packaging Encapsulant Materials Market Revenue Share & Revenues, By Application |
8.3.1 Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Transfer/Compression Molding (EMC), 2021-2031F |
8.3.2 Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Underfills, 2021-2031F |
8.3.3 Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Liquid Encapsulation, 2021-2031F |
8.3.4 Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By LED/Optical Encapsulation, 2021-2031F |
9. Taiwan Molding Compound Market Key Performance Indicators |
9.1 Integrated Circuit (IC) Industry Outlook |
9.2 Industrial Sector Outlook |
10. Taiwan Molding Compound Market Opportunity Assessment |
10.1 Taiwan Molding Compound Market Opportunity Assessment, By Type, 2031F |
10.2 Taiwan Molding Compound Market Opportunity Assessment, By End-User, 2031F |
11. Taiwan Molding Compound Market Competitive Landscape |
11.1 Taiwan Molding Compound Market Top 3 Companies Revenue Ranking, 2024 |
11.2 Taiwan Molding Compound Market Competitive Landscape, By Technical Parameter |
11.3 Taiwan Molding Compound Market Competitive Landscape, By Operating Parameter |
12. Company Profiles |
12.1 Sumitomo Bakelite Co., Ltd. |
12.2 Chang Chun Group |
12.3 Hitachi Chemical Co., Ltd |
12.4 Hexion Inc. |
12.5 Panasonic Taiwan Co., Ltd. (PTW) |
12.6 Kyocera Chemical |
12.7 Shin-Etsu Chemical Co., Ltd. |
12.8 Hysol Huawei Electronics Co., Ltd. |
12.9 BASF SE |
12.10 Nan Ya Plastics Corporation |
13. Key Strategic Recommendations |
14. Disclaimer |
List of figures |
1. Taiwan Molding Compound Market Revenues, 2021-2031F (US$ Million) |
2. Taiwan Electronic Components Output Growth (2023–2024) |
3. Electrical & Electronics (E&E) Sector Share of GDP (%) |
4. Taiwan Semiconductor Export and Growth – 2023–2024 |
5. Taiwan Petroleum Supply. Proportion of Imported vs. Domestic Production |
6. Taiwan Molding Compound Market Revenue Share, By Type, 2024 & 2031F |
7. Taiwan Molding Compound Market Revenue Share, By Application, 2024 & 2031F |
8. Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, 2021-2031F (US$ Million) |
9. Taiwan Semiconductor Packaging Encapsulant Materials Market Revenue Share, By Resin Type, 2024 & 2031F |
10. Taiwan Semiconductor Packaging Encapsulant Materials Market Revenue Share, By Application, 2024 & 2031F |
11. Taiwan IC Industry and Growth, 2021-2025, (US$ Billion) |
12. Taiwan Output Value of Semiconductor Subsectors, 2020-2025, (US$ Billion) |
13. Overall Industrial Production Index and Y-o-Y Growth, Jan–Jun 2025 |
14. Manufacturing Sub-Index and Y-o-Y Growth, Jan–Jun 2025 |
15. Taiwan Molding Compound Market Opportunity Assessment, By Type, 2031F |
16. Taiwan Molding Compound Market Opportunity Assessment, By End-User, 2031F |
17. Taiwan Molding Compound Market Revenue Ranking, By Companies, CY2024 |
18. Taiwan EV share of new vehicle registrations, 2018-2031F (%) |
19. Taiwan BEV Sales Trend, 2022–2030F (Thousand Units) |
List of Tables |
1. Core Elements of Taiwan’s AI Infrastructure Strategy |
2. Taiwan Molding Compound Market Revenues, By Type, 2021 - 2031F (US$ Million) |
3. Taiwan Molding Compound Market Revenues, By End-User, 2021 - 2031F (US$ Million) |
4. Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Resin Type, 2021 - 2031F (US$ Million) |
5. Taiwan Semiconductor Packaging Encapsulant Materials Market Revenues, By Application, 2021 - 2031F (US$ Million) |