Smart Innovators: Product And Chemical Compliance Solutions
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Executive Summary
Regulation governing the use of restricted chemicals, particularly per- and polyfluoroalkyl substances (PFAS), is rapidly expanding. To manage the complexities of supplier data demands, stay up to date with regulatory change, and maintain market access, firms are increasingly leveraging commercial product and chemical compliance software. This report provides buyers of software for product and chemical compliance with a high-level benchmark of the capabilities of 19 software solutions. It covers solutions for organizations that manufacture end-products, chemical manufacturers, firms selling chemicals, and firms responsible for the storage and transportation of restricted substances. Heads of product, compliance experts and product stewards should use this report to compare the relative capabilities of vendors across core functionality areas and their ability to support compliance with prominent regulatory frameworks. The report provides an in-depth analysis of key areas of differentiation and innovation within the product and chemical compliance software market.
Table of contents
Digital solutions allow firms to avoid costly product non-compliance and appeal to ESG-conscious stakeholdersThe shockwaves of PFAS regulation on the product compliance reporting landscape
Current status of the product and chemical compliance software market
Evaluated firms and selection criteria
Vendors from different backgrounds offer product and chemical compliance solutions
Core capabilities essential to software providers
Innovative solutions enable proactive compliance management and embed circularity and green chemistry principles
Innovative features for organizations with demanding product compliance requirements
Innovative features for chemical manufacturers or logistics organizations responsible for handling chemicals
Table of figures
Figure 1. Overview of the product stewardship landscapeFigure 2. Adoption of software for product and chemical compliance in 2024
Figure 3. Change in spend across product and chemical compliance in 2024
Figure 4. Product and chemical compliance requirements breakdown by firm type
Figure 5. Product and chemical compliance software: key functionality
Figure 6. Product and chemical compliance software providers capabilities assessment
Organisations mentioned
3E, 3M, Arena, Assent, Aviva Investors, Benchmark Gensuite, Bloomberg Law, Chemical Safety, Chemical Watch (by Enhesa), Chemicals Abstract Service (CAS), Chemrade, Chemwatch, Clever Compliance, Compliance & Risks, Cority, Dove, EcoMundo, EcoOnline, Enablon (Wolters Kluwer), European Chemical Agency (ECHA), Financial Times, GreenSoft Technology, HSI, International Electrotechnical Commission (IEC), IPC, iPoint-systems, Lipton, Mattel, National Fire Protection Association (NFPA), Praedicat, Product Comply, PTC, Quentic, SAP, Silicon Expert, Source Intelligence, Sphera, Storebrand Asset Management, The Home Depot, Toxnot, UL Solutions, Unilever, US Department of Transportation (DOT), US Environmental Protection Agency (EPA), Veeva Systems, VelocityEHS, Yordas GroupAbout the authors
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