Plastic Regulatory Market, By Type of Regulation (Environmental Regulations, Packaging Regulations, Chemical Regulations, Recycling and Waste Management Regulations, Product Safety and Quality Regulations), By Application (Food Packaging Regulations, Medical Device Regulations, Automotive Regulations, Construction Regulations, Electronics Regulations, Consumer Goods Regulations, By Regulatory Agency (Environmental Protection Agency (EPA), Food and Drug Administration (FDA), European Chemicals Agency (ECHA), Ministry of Environment and Climate Change (MOECC), National Health Commission (NHC), Others, By Type of Plastic (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Polyethylene Terephthalate (PET), Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
As governments around the world increasingly recognize the environmental, social, and health impacts of single-use plastic waste, they are regulating its production and disposal. The result is an ever-changing landscape of regulations for plastic manufacturers to navigate. These new rules are aimed at preventing and reducing the impact of certain plastic products on the environment, particularly in the marine environment, and on human health. They are also promoting the transition to a circular economy with innovative and sustainable business models, products and materials. In addition, they are helping to improve the management, recycling, and final disposal of such products.
Market Dynamics:
A growing number of regulations and legislations focused on plastics is expected to propel growth of the global plastic regulatory market over the forecast period. There are increasing global movements to curb single-use plastics shape legislation and regulations throughout the value chain. These movements are creating pressure for companies to adopt sustainable initiatives that reduce plastic-waste output. This in turn is also expected to support the market growth in the near future.
However, the speed at which these laws are advancing may increase risks and liabilities or limit market access for companies that are not aligned with these regulatory targets. This in turn is expected to hinder growth of the global plastic regulatory market during the forecast period.
Key features of the study:
This report provides in-depth analysis of the global plastic regulatory market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global plastic regulatory market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include U.S. Environmental Protection Agency (EPA), European Chemicals Agency (ECHA), Food and Drug Administration (FDA), Ministry of Environment, Forest and Climate Change (India), National Health Commission (China), Canadian Food Inspection Agency (CFIA), National Institute for Health and Welfare (THL) (Finland), Federal Institute for Risk Assessment (BfR) (Germany), National Institute of Food and Drug Safety Evaluation (KFDA) (South Korea), Ministry of Ecology and Environment (China), Environment Agency (United Kingdom), Ministry of Health, Labor and Welfare (Japan), Australian Government Department of Agriculture, Water and the Environment, Health Canada, and Ministry of Health (Brazil)
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global plastic regulatory market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global plastic regulatory market
Detailed Segmentation:
Global Plastic Regulatory Market, By Type of Regulation:
Environmental Regulations
Packaging Regulations
Chemical Regulations
Recycling and Waste Management Regulations
Product Safety and Quality Regulations
Global Plastic Regulatory Market, By Application
Food Packaging Regulations
Medical Device Regulations
Automotive Regulations
Construction Regulations
Electronics Regulations
Consumer Goods Regulations
Global Plastic Regulatory Market, By Regulatory Agency:
Environmental Protection Agency (EPA)
Food and Drug Administration (FDA)
European Chemicals Agency (ECHA)
Ministry of Environment and Climate Change (MOECC)
National Health Commission (NHC)
Others
Global Plastic Regulatory Market, By Type of Plastic:
Polyethylene (PE)
Polypropylene (PP)
Polyvinyl Chloride (PVC)
Polystyrene (PS)
Polyethylene Terephthalate (PET)
Others
Global Plastic Regulatory Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profile:
U.S. Environmental Protection Agency (EPA)
European Chemicals Agency (ECHA)
Food and Drug Administration (FDA)
Ministry of Environment, Forest and Climate Change (India)
National Health Commission (China)
Canadian Food Inspection Agency (CFIA)
National Institute for Health and Welfare (THL) (Finland)
Federal Institute for Risk Assessment (BfR) (Germany)
National Institute of Food and Drug Safety Evaluation (KFDA) (South Korea)
Ministry of Ecology and Environment (China)
Environment Agency (United Kingdom)
Ministry of Health, Labour and Welfare (Japan)
Australian Government Department of Agriculture, Water and the Environment
Health Canada
Ministry of Health (Brazil)