The safety data sheet for Magnaseal Plus identifies it as a valve lubricant/sealant that is not classified as hazardous under various regulations in the EU, US, and Canada. The product includes several components like oleic acid methyl ester and graphite, with specified concentrations, all deemed non-hazardous according to applicable safety standards. Proper handling and storage precautions are recommended, and in case of accidental exposure, first aid measures are included.