Product Code: ETC5328490 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Taiwan Unsaturated Polyester Resin (UPR) Market deals with the production and application of resins used in industries such as construction, automotive, and marine. UPRs are known for their versatility and are commonly used in fiberglass reinforced plastics (FRP) and coatings. The market in Taiwan is supported by the demand for lightweight and corrosion-resistant materials in infrastructure projects and automotive manufacturing. Government support for industrial growth and infrastructure development directly impacts the consumption of unsaturated polyester resins in various sectors.
The Unsaturated Polyester Resin (UPR) Market in Taiwan is driven by the growing demand for composite materials in various industries, including automotive, construction, and electronics. UPRs are widely used in the manufacturing of fiberglass-reinforced composites due to their excellent mechanical properties and chemical resistance. As the automotive industry increasingly adopts lightweight materials to improve fuel efficiency and reduce emissions, the demand for UPR-based composites is expected to grow. Additionally, the expanding construction sector in Taiwan, which emphasizes durability and aesthetic appeal, further fuels the demand for unsaturated polyester resins. The rise of sustainable construction practices also encourages the use of eco-friendly UPR formulations, contributing to market growth.
The Unsaturated Polyester Resin (UPR) Market in Taiwan faces challenges related to the volatile prices of raw materials, such as styrene and maleic anhydride. The market is highly dependent on petrochemical derivatives, making it vulnerable to fluctuations in oil prices. Another key challenge is the growing environmental concerns over the use of conventional resins, which are not biodegradable and contribute to pollution. This is prompting demand for more sustainable alternatives, increasing R&D costs. Moreover, competition from substitute materials like epoxy and vinyl ester resins further intensifies the challenges for UPR manufacturers.
The Unsaturated Polyester Resin (UPR) market in Taiwan is influenced by government policies promoting sustainable manufacturing practices and the development of green materials. The government has implemented regulations encouraging the use of eco-friendly resins in construction, automotive, and consumer goods industries. Policies also support research and development initiatives aimed at improving the performance and environmental sustainability of UPR products. Financial incentives are available for companies that adopt sustainable practices, thereby fostering growth in the UPR market and aligning with global trends toward sustainability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Taiwan Unsaturated Polyester Resin Market Overview |
3.1 Taiwan Country Macro Economic Indicators |
3.2 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Taiwan Unsaturated Polyester Resin Market - Industry Life Cycle |
3.4 Taiwan Unsaturated Polyester Resin Market - Porter's Five Forces |
3.5 Taiwan Unsaturated Polyester Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Taiwan Unsaturated Polyester Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Taiwan Unsaturated Polyester Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in industries such as automotive and construction |
4.2.2 Growing emphasis on sustainable and eco-friendly products |
4.2.3 Technological advancements leading to improved product performance and applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Stringent environmental regulations impacting manufacturing processes |
4.3.3 Competition from alternative materials like epoxy resins and vinyl ester resins |
5 Taiwan Unsaturated Polyester Resin Market Trends |
6 Taiwan Unsaturated Polyester Resin Market Segmentations |
6.1 Taiwan Unsaturated Polyester Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Orthophthalic, 2021-2031F |
6.1.3 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Isophthalic, 2021-2031F |
6.1.4 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Dicyclopentadiene (DCPD), 2021-2031F |
6.2 Taiwan Unsaturated Polyester Resin Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Marine, 2021-2031F |
6.2.4 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Pipes & Tanks, 2021-2031F |
6.2.5 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.6 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Land Transportation, 2021-2031F |
6.2.7 Taiwan Unsaturated Polyester Resin Market Revenues & Volume, By Wind Energy, 2021-2031F |
7 Taiwan Unsaturated Polyester Resin Market Import-Export Trade Statistics |
7.1 Taiwan Unsaturated Polyester Resin Market Export to Major Countries |
7.2 Taiwan Unsaturated Polyester Resin Market Imports from Major Countries |
8 Taiwan Unsaturated Polyester Resin Market Key Performance Indicators |
8.1 Research and development investment in new product formulations |
8.2 Adoption rate of unsaturated polyester resins in emerging applications |
8.3 Number of partnerships or collaborations with key industry players for market expansion |
9 Taiwan Unsaturated Polyester Resin Market - Opportunity Assessment |
9.1 Taiwan Unsaturated Polyester Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Taiwan Unsaturated Polyester Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Taiwan Unsaturated Polyester Resin Market - Competitive Landscape |
10.1 Taiwan Unsaturated Polyester Resin Market Revenue Share, By Companies, 2024 |
10.2 Taiwan Unsaturated Polyester Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |