Plastic Regulatory Market 2023 - 2030: Global Plastic Regulatory Market to Witness Growth Due to Increasing Regulations on Single-Use Plastic Waste

17 August 2023

The "Plastic Regulatory Market, By Type of Regulation, By Application, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.

Governments worldwide are acknowledging the environmental, social, and health impacts of single-use plastic waste and are enacting regulations to curb its production and disposal. The global plastic regulatory market is experiencing dynamic changes as these new rules aim to prevent and reduce the impact of certain plastic products on the environment, especially in marine ecosystems, and on human health.

These regulations also promote the adoption of innovative and sustainable business models, products, and materials, and improve the management, recycling, and final disposal of plastic products.

Market Dynamics

The global plastic regulatory market is expected to witness significant growth over the forecast period, driven by a surge in regulations and legislation focused on plastics. Increasing global movements to limit single-use plastics are shaping legislation and regulations throughout the value chain. As a result, companies are facing pressure to adopt sustainable initiatives that reduce plastic-waste output, supporting market growth in the near future.

However, the rapid pace of regulatory advancements may pose risks and liabilities or limit market access for companies that are not aligned with these targets, hindering the growth of the global plastic regulatory market during the forecast period.

Key Features of the Study

  • The report provides an in-depth analysis of the global plastic regulatory market, including market size (in US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), with 2022 as the base year.
  • It offers insights into potential revenue opportunities across different segments and presents attractive investment proposition matrices for this market.
  • The study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
  • Stakeholders including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts can make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics using insights from this report.
  • The global plastic regulatory market report caters to various stakeholders in this industry and offers ease in decision-making through various strategy matrices used in analyzing the market.

Detailed Segmentation

The global plastic regulatory market is segmented based on the type of regulation, application, regulatory agency, type of plastic, and region.

Type of Regulation

  • Environmental Regulations
  • Packaging Regulations
  • Chemical Regulations
  • Recycling and Waste Management Regulations
  • Product Safety and Quality Regulations

Application

  • Food Packaging Regulations
  • Medical Device Regulations
  • Automotive Regulations
  • Construction Regulations
  • Electronics Regulations
  • Consumer Goods Regulations

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

Type of Plastic

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Polyethylene Terephthalate (PET)
  • Others

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)

For more information about this report visit https://www.researchandmarkets.com/r/slohnb

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Source: businesswire.com