The globally Harmonized System of Classification and Labelling of Chemicals (GHS) is an internationally agreed-upon system to standardize chemical hazard.
GHS Label Demand Poised to Surge with Manufacturing Sector Accounting for Over Half of Sales: Study fmiblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fmiblog.com Daily Mail and Mail on Sunday newspapers.
Future Market Insights: GHS Labels Manufacturers Reliant on Burgeoning Demand from Manufacturing Industry: FMI
Expansion of chemical industry across United States, China, Japan and South Korea to improve the GHS labels sales through 2021.
DUBAI, UAE / ACCESSWIRE / April 15, 2021 / The global GHS labels market is expected to post higher gains through 2021, as demand from end-user industries manufacturers rises. Rise in export of chemical, fertilizers, and pharmaceuticals across the globe is fuelling the demand for GHS labels. Increased demand from agriculture sector and lucrative opportunities for safe packaging & delivery is advancing the GHS labels market growth.
As per FMI s analysis, the GHS labels market posted modest gains in the historical period, expanding at a valuation of US$ 1.46 Bn in 2020 and is expected to gain momentum by 2030-end to reach a valuation at US$ 2.3 Bn by 2030-end.
Wausau Coated Products, one of the leading manufacturers of pressure-sensitive products, label materials, and coating technologies, has acquired Pennsylvania-based Brandywine Drumlabels.
Brandywine Drumlabels supplies hazard communication labels and software to customers in the chemical, pharmaceutical, and petrochemical markets. Wausau Coated has been a technical and material supplier to Brandywine since the inception of the company.
‘I am excited about the opportunities the acquisition presents to both companies,’ commented Ben Reif, president of Wausau Coated Products. ‘Brandywine has the expertise and knowledge to assist our customers with the implementation of full-color print-on-demand platforms. At the same time, we can use our global footprint and sales and distribution channels to serve Brandywine’s existing and prospective customers better wherever they are in the world.’