Tools commonly used in the Lubricating Equipment (Wholesale) industry for day-to-day tasks and operations.

• Grease guns
• Oil pumps
• Lubrication fittings
• Lubrication systems
• Oil filters
• Oil dispensers
• Oil meters
• Oil control valves
• Oil reservoirs
• Oil analysis kits
• Oil sampling pumps
• Oil transfer pumps
• Oil storage tanks
• Oil drain pans
• Oil filter wrenches
• Oil filter crushers
• Oil filter cutters
• Oil filter pliers
• Oil filter sockets

Common products and services typical of NAICS Code 423120-17, illustrating the main business activities and contributions to the market.

• Lubrication equipment for manufacturing plants
• Lubrication equipment for construction machinery
• Lubrication equipment for mining machinery
• Lubrication equipment for agricultural machinery
• Lubrication equipment for transportation vehicles
• Lubrication equipment for marine vessels
• Lubrication equipment for aviation machinery
• Lubrication equipment for power generation machinery
• Lubrication equipment for oil and gas machinery
• Lubrication equipment for food processing machinery

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

• ISO 9001: Quality management system certification that ensures the company meets customer and regulatory requirements. Provided by the International Organization for Standardization (ISO).
• OSHA 30-Hour General Industry Training: Certification that provides workers with an overview of safety and health hazards in the workplace. Provided by the Occupational Safety and Health Administration (OSHA).
• EPA Spill Prevention, Control, and Countermeasure (SPCC) Plan: Certification that ensures the company has a plan in place to prevent oil spills and minimize their impact on the environment. Provided by the Environmental Protection Agency (EPA).
• DOT Hazardous Materials Transportation Training: Certification that ensures the company is trained in the safe transportation of hazardous materials. Provided by the Department of Transportation (DOT).
• UL Certification: Certification that ensures the company's products meet safety and performance standards. Provided by Underwriters Laboratories (UL).

A concise historical narrative of NAICS Code 423120-17 covering global milestones and recent developments within the United States.

• The lubricating equipment industry has a long history dating back to the early 1900s when the first oil pumps were invented. In the 1920s, the industry saw significant growth with the introduction of the first automatic lubrication systems. The industry continued to evolve with the development of new lubricants and the introduction of more advanced lubrication systems. In recent years, the industry has seen a shift towards more environmentally friendly lubricants and systems, as well as an increased focus on automation and digitalization. In the United States, the lubricating equipment industry has a rich history dating back to the early 1900s. The industry saw significant growth in the 1920s with the introduction of the first automatic lubrication systems. In the post-World War II era, the industry continued to grow with the development of new lubricants and the introduction of more advanced lubrication systems. In recent years, the industry has seen a shift towards more environmentally friendly lubricants and systems, as well as an increased focus on automation and digitalization.

The anticipated future trajectory of the NAICS 423120-17 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The lubricating equipment wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for lubricants in various industries such as automotive, manufacturing, and construction. The industry is also expected to benefit from the growing trend of using synthetic lubricants, which offer better performance and durability. Additionally, the increasing focus on sustainability and environmental regulations is expected to drive the demand for eco-friendly lubricants, which will create new opportunities for the industry. However, the industry may face challenges such as the volatility of crude oil prices, which can affect the prices of lubricants, and the increasing competition from low-cost imports. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for lubricants in various industries and the growing trend of using synthetic and eco-friendly lubricants.

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

• The development of smart lubrication systems that use sensors and data analytics to optimize lubrication processes and reduce maintenance costs.
• The introduction of biodegradable lubricants that are environmentally friendly and offer better performance than traditional lubricants.
• The use of nanotechnology in lubricants, which improves their performance and durability and reduces friction and wear.
• The development of lubricants that can withstand extreme temperatures and pressures, which are used in industries such as aerospace and defense.
• The introduction of lubricants that are specifically designed for electric vehicles, which have different lubrication requirements than traditional vehicles.