TECHGuru

  Hazmat Packaging Market Analysis: Surge in the Production of Drums to Outpace IBCs & Flexitanks in the Market During the Forecast Period The global  HAZMAT packaging market  was valued at US$ 8.10 Billion in 2018 and is projected to expand at a CAGR of 5.8%, during the forecast period. HAZMAT packaging refers to the packaging of hazardous materials that are capable of posing risk to health, safety, or property during transportation. HAZMAT packaging has emerged as an efficient way to protect environment from hazardous chemicals. The scope of this report includes primary packaging of hazardous materials and includes packaging of products through drums, flexitanks, industrial bulk containers, etc. The packaging done with corrugated boxes is a part of secondary packaging. HAZMAT packaging is usually meant for the storage and transportation of hazardous substances across the border. Shipping of such materials is not only dangerous but also requires adherence t...