Tools commonly used in the Tanks (Manufacturing) industry for day-to-day tasks and operations.

• Welding machines
• Plasma cutters
• Shears
• Press brakes
• Roll forming machines
• Punch presses
• Grinders
• Drills
• Rivet guns
• Hoists

Common products and services typical of NAICS Code 332420-06, illustrating the main business activities and contributions to the market.

• Fuel tanks
• Water tanks
• Chemical tanks
• Oil tanks
• Propane tanks
• Storage tanks
• Pressure tanks
• Process tanks
• Mixing tanks
• Fermentation tanks

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• ASME Boiler and Pressure Vessel Code: This code sets safety standards for the design, fabrication, and inspection of boilers and pressure vessels. It is issued by the American Society of Mechanical Engineers (ASME).
• API 650: This standard covers the minimum requirements for the design, construction, and testing of aboveground, vertical, cylindrical, closedand open-top, welded steel storage tanks in various sizes and capacities. It is issued by the American Petroleum Institute (API).
• UL 142: This standard covers the construction, performance, and marking requirements for steel aboveground tanks for flammable and combustible liquids. It is issued by Underwriters Laboratories (UL).
• NSF/ANSI 61: This standard establishes minimum requirements for the control of potential adverse human health effects from products that contact drinking water. It is issued by NSF International and the American National Standards Institute (ANSI).
• OSHA 29 CFR 1910.119: This standard covers the requirements for the management of highly hazardous chemicals in the workplace. It is issued by the Occupational Safety and Health Administration (OSHA).

A concise historical narrative of NAICS Code 332420-06 covering global milestones and recent developments within the United States.

• The "Tanks (Manufacturing)" industry has a long history dating back to ancient times when people used clay pots to store water and other liquids. The first metal tanks were developed in the 1800s, and the industry grew rapidly during World War I and II when tanks were used extensively in military operations. In the post-war period, the industry continued to grow as tanks were used in various industrial applications, including oil and gas storage, chemical processing, and water treatment. In recent years, the industry has seen significant advancements in technology, including the use of robotics and automation in manufacturing processes, as well as the development of new materials and coatings that improve tank durability and resistance to corrosion. In the United States, the "Tanks (Manufacturing)" industry has a rich history dating back to the early 1900s when tanks were used primarily for military purposes. During World War II, the industry experienced significant growth as tanks were used extensively in the war effort. In the post-war period, the industry continued to grow as tanks were used in various industrial applications, including oil and gas storage, chemical processing, and water treatment. In recent years, the industry has seen significant advancements in technology, including the use of robotics and automation in manufacturing processes, as well as the development of new materials and coatings that improve tank durability and resistance to corrosion.

The anticipated future trajectory of the NAICS 332420-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Tanks (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for tanks in various sectors such as oil and gas, chemical, and water treatment. The growth in the construction industry is also expected to drive the demand for tanks. The industry is also expected to benefit from the increasing focus on renewable energy sources such as solar and wind power, which require storage tanks. However, the industry may face challenges such as rising raw material costs and increasing competition from imports. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Tanks (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

• Smart Tanks: Tanks equipped with sensors and monitoring systems that allow for real-time monitoring of tank levels, temperature, and pressure. This technology helps to prevent leaks and reduce maintenance costs.
• 3D Printing: The use of 3D printing technology in tank manufacturing has led to faster production times and reduced costs. This technology also allows for the creation of complex tank designs that were previously impossible to manufacture.
• Corrosion-Resistant Coatings: The development of new coatings that are resistant to corrosion has led to longer-lasting tanks that require less maintenance. These coatings are especially useful in the chemical and oil and gas industries.
• Modular Tanks: The use of modular tanks has become increasingly popular in recent years. These tanks are made up of smaller, interchangeable parts that can be easily assembled and disassembled. This makes them ideal for use in remote locations or areas with limited access.
• Hybrid Tanks: The development of hybrid tanks that combine different materials such as steel and plastic has led to tanks that are lighter, more durable, and easier to transport. These tanks are especially useful in the water treatment and chemical industries.