Market Overview:
The global safety data sheet (SDS) market is expected to grow from USD 1.02 billion in 2018 to USD 2.06 billion by 2030, at a CAGR of 9.5% from 2018 to 2030. The growth of the safety data sheet (SDS) market can be attributed to the increasing demand for safe and environment-friendly products across the globe and rising awareness about product safety among consumers. However, lack of standardization across regions may restrain the growth of this market during the forecast period. Based on type, the global safety data sheet (SDS) market is segmented into material safety data sheet (MSDS) management and extended safety data sheet (eSDS) management. The MSDS management segment is expected to hold a larger share of the global Safety Data Sheet Market during the forecast period owing to its widespread use by manufacturers and distributors for product compliance purposes globally. Based on application,the global Safety Data Sheet Market is segmented into manufacturers, distributors, and corporate users segments respectively In terms of value).
 Industry Outlook.svg)
Product Definition:
A safety data sheet (SDS), material safety data sheet (MSDS), or product safety data sheet is an important component of product stewardship, occupational health and safety, and spill-handling procedures. SDSs are documents that list information on the potential hazards (health, fire, reactivity, environmental) of a chemical substance or mixture and how to work safely with the chemical.
Material Safety Data Sheet (MSDS) Management:
Material Safety Data Sheet (MSDS) Management is the process of collecting, organizing, and analyzing safety data related to MSDS sheets. It provides a framework for classifying and managing hazardous materials according to their type or category. Material Safety Data Sheet (MSDS) Management software helps in maintaining the inventory of MSDS sheets which are used by companies for product identification as well as classification.
Extended Safety Data Sheet (eSDS) Management:
Extended safety data sheet (eSDS) management and it's usage in safety data sheet (SDS) market is expected to grow at a rapid pace over the forecast period. The extended safety data sheets are used by organizations that require additional information about the chemical, physical, health or environmental hazards of a product.
Application Insights:
Manufacturers are anticipated to remain the dominant segment over the forecast period. The manufacturers segment accounted for more than 60% of the overall revenue in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to various factors such as extensive usage by manufacturers, extensive distribution channels by manufacturers, and high demand from end-use industries.
The corporate users segment is also likely to have a significant growth rate owing to increasing use of safety data sheets in day-to-day business operations for tracking inventory, handling & storing products safely, and complying with regulatory norms set forth by agencies such as U.S., Canada, China etc. Furthermore, eSDS are used extensively across all verticals including manufacturing/logistics/trading companies along with their suppliers & customers which includes healthcare providers among others which is expected fuel market growth during future years.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., as a leading industrial nation, is expected to remain dominant throughout the forecast period owing to increasing demand for safety data sheets from various end-use industries such as manufacturing, pharmaceuticals, and chemical processing. Moreover, growing awareness regarding personal health and safety along with stringent regulations by OSHA are some factors driving regional growth.
The Asia Pacific region is anticipated to witness significant growth over the forecast period due to rising product demand from end-use industries such as electrical & electronics and automotive in countries like China and India on account of rapid urbanization coupled with strong economic growth that has resulted into increased purchasing power of consumers (i.e., GDP per capita).
Growth Factors:
- Increasing demand for safety data sheets from various end-use industries
- Growing awareness about the benefits of using SDS among businesses and consumers
- Stringent government regulations on chemical safety and product labeling
- Proliferation of online SDS repositories and search engines
- Emergence of cloud-based SDS management platforms
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Data Sheet (SDS) Market Research Report
By Type
Material Safety Data Sheet (MSDS) Management, Extended Safety Data Sheet (eSDS) Management
By Application
Manufacturers, Distributors, Corporate Users
By Companies
SafeTec, Global Safety Management (GSM), HazCommpliance, ERA, SiteHawk, 3E Company, CloudSDS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Safety Data Sheet (SDS) Market Report Segments:
The global Safety Data Sheet (SDS) market is segmented on the basis of:
Types
Material Safety Data Sheet (MSDS) Management, Extended Safety Data Sheet (eSDS) Management
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturers, Distributors, Corporate Users
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SafeTec
- Global Safety Management (GSM)
- HazCommpliance
- ERA
- SiteHawk
- 3E Company
- CloudSDS
 Market Overview.svg)
Highlights of The Safety Data Sheet (SDS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Material Safety Data Sheet (MSDS) Management
- Extended Safety Data Sheet (eSDS) Management
- By Application:
- Manufacturers
- Distributors
- Corporate Users
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Safety Data Sheet (SDS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Safety Data Sheet (SDS) is a document that provides detailed information on the chemical, physical and toxicological properties of a substance. It is used by industry to help ensure safe handling and use of hazardous materials.
Some of the major companies in the safety data sheet (sds) market are SafeTec, Global Safety Management (GSM), HazCommpliance, ERA, SiteHawk, 3E Company, CloudSDS.
The safety data sheet (sds) market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Safety Data Sheet (SDS) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Safety Data Sheet (SDS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Data Sheet (SDS) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Safety Data Sheet (SDS) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Safety Data Sheet (SDS) Market Size & Forecast, 2018-2028
4.5.1 Safety Data Sheet (SDS) Market Size and Y-o-Y Growth
4.5.2 Safety Data Sheet (SDS) Market Absolute $ Opportunity
Chapter 5 Global Safety Data Sheet (SDS) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Safety Data Sheet (SDS) Market Size Forecast by Type
5.2.1 Material Safety Data Sheet (MSDS) Management
5.2.2 Extended Safety Data Sheet (eSDS) Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Safety Data Sheet (SDS) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Safety Data Sheet (SDS) Market Size Forecast by Applications
6.2.1 Manufacturers
6.2.2 Distributors
6.2.3 Corporate Users
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Safety Data Sheet (SDS) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Safety Data Sheet (SDS) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Safety Data Sheet (SDS) Analysis and Forecast
9.1 Introduction
9.2 North America Safety Data Sheet (SDS) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Safety Data Sheet (SDS) Market Size Forecast by Type
9.6.1 Material Safety Data Sheet (MSDS) Management
9.6.2 Extended Safety Data Sheet (eSDS) Management
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Safety Data Sheet (SDS) Market Size Forecast by Applications
9.10.1 Manufacturers
9.10.2 Distributors
9.10.3 Corporate Users
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Safety Data Sheet (SDS) Analysis and Forecast
10.1 Introduction
10.2 Europe Safety Data Sheet (SDS) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Safety Data Sheet (SDS) Market Size Forecast by Type
10.6.1 Material Safety Data Sheet (MSDS) Management
10.6.2 Extended Safety Data Sheet (eSDS) Management
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Safety Data Sheet (SDS) Market Size Forecast by Applications
10.10.1 Manufacturers
10.10.2 Distributors
10.10.3 Corporate Users
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Safety Data Sheet (SDS) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Safety Data Sheet (SDS) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Safety Data Sheet (SDS) Market Size Forecast by Type
11.6.1 Material Safety Data Sheet (MSDS) Management
11.6.2 Extended Safety Data Sheet (eSDS) Management
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Safety Data Sheet (SDS) Market Size Forecast by Applications
11.10.1 Manufacturers
11.10.2 Distributors
11.10.3 Corporate Users
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Safety Data Sheet (SDS) Analysis and Forecast
12.1 Introduction
12.2 Latin America Safety Data Sheet (SDS) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Safety Data Sheet (SDS) Market Size Forecast by Type
12.6.1 Material Safety Data Sheet (MSDS) Management
12.6.2 Extended Safety Data Sheet (eSDS) Management
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Safety Data Sheet (SDS) Market Size Forecast by Applications
12.10.1 Manufacturers
12.10.2 Distributors
12.10.3 Corporate Users
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Safety Data Sheet (SDS) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Safety Data Sheet (SDS) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Safety Data Sheet (SDS) Market Size Forecast by Type
13.6.1 Material Safety Data Sheet (MSDS) Management
13.6.2 Extended Safety Data Sheet (eSDS) Management
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Safety Data Sheet (SDS) Market Size Forecast by Applications
13.10.1 Manufacturers
13.10.2 Distributors
13.10.3 Corporate Users
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Safety Data Sheet (SDS) Market: Competitive Dashboard
14.2 Global Safety Data Sheet (SDS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SafeTec
14.3.2 Global Safety Management (GSM)
14.3.3 HazCommpliance
14.3.4 ERA
14.3.5 SiteHawk
14.3.6 3E Company
14.3.7 CloudSDS
