Taiwan Plastic Tenders

The Taiwanese plastic and rubber market is a dynamic and growing sector, boasting a projected value of US$7.04 billion in 2023 and a compound annual growth rate (CAGR) of 2.38% until 2028. This growth is fueled by factors like strong export demand, robust innovation, and a focus on sustainable practices.

Government procurement plays a significant role in the Taiwan plastic and rubber market, with total government purchases exceeding US$1 billion in 2021. This massive spending makes the government a key driver of growth and innovation in the industry.

The government's procurement needs are vast and diverse, encompassing a wide range of plastic and rubber products and services, including:
Construction materials: pipes, tubes, sheets, and other materials for infrastructure projects.
Medical supplies: syringes, catheters, and other essential medical equipment.
Automotive components: tires, hoses, and other parts for vehicles.
Packaging materials: films, bags, and containers for various industries.
Electronics components: housings, connectors, and other parts for electronic devices.
Procurement Authorities: Guiding the Process

Several key government agencies oversee the procurement process for plastic and rubber goods, including:
Central Government Tenders: Responsible for large-scale procurements across various ministries.
Local Government Tenders: Handle purchases for local government agencies and projects.
Public Construction Commission: Oversees procurement for construction-related projects.

The top winners of Taiwan's plastic and rubber government contracts are major players in the domestic industry, including:
Formosa Plastics Group: The largest plastics producer in Taiwan.
Far Eastone Corporation: A leading producer of rubber and rubber products.
Chi Mei Corporation: A major manufacturer of PVC and other plastic materials.

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