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

• Steam traps
• Valves (e.g. ball valves, gate valves, globe valves)
• Regulators
• Gauges (e.g. pressure gauges, temperature gauges)
• Strainers
• Condensate pumps
• Expansion joints
• Insulation
• Pipe fittings (e.g. elbows, tees, couplings)
• Steam traps testing equipment

Common products and services typical of NAICS Code 423720-34, illustrating the main business activities and contributions to the market.

• Steam boilers
• Heat exchangers
• Turbines
• Sterilizers
• Dryers
• Distillation equipment
• Food processing equipment
• HVAC systems
• Power plants
• Refineries

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

• ASME Boiler and Pressure Vessel Code: This code is a set of safety standards for the design, fabrication, and inspection of boilers and pressure vessels. It is required for manufacturers of steam specialties to ensure that their products meet safety standards. The American Society of Mechanical Engineers (ASME) provides this certification.
• National Board Inspection Code (NBIC): This code provides guidelines for the installation, inspection, and repair of boilers and pressure vessels. It is required for manufacturers of steam specialties to ensure that their products meet safety standards. The National Board of Boiler and Pressure Vessel Inspectors provides this certification.
• Occupational Safety and Health Administration (OSHA) 10-Hour General Industry Training: This training provides an overview of common workplace hazards and safety procedures. It is required for employees of steam specialties wholesalers to ensure that they are aware of safety procedures and can identify potential hazards. The Occupational Safety and Health Administration provides this training.
• Hazardous Materials Transportation Training: This training provides guidelines for the safe transportation of hazardous materials. It is required for employees of steam specialties wholesalers who handle hazardous materials. The Department of Transportation provides this training.
• National Institute for Certification In Engineering Technologies (NICET): This certification provides recognition for individuals who have demonstrated proficiency in engineering technology. It is not required for steam specialties wholesalers, but it can be beneficial for employees who want to advance their careers. The National Institute for Certification in Engineering Technologies provides this certification.

A concise historical narrative of NAICS Code 423720-34 covering global milestones and recent developments within the United States.

• The "Steam Specialties (Wholesale)" industry has a long history dating back to the 19th century when steam power was widely used in manufacturing and transportation. The industry emerged as a result of the need for specialized equipment and supplies to manage steam systems. In the early 1900s, the industry saw significant growth due to the expansion of the railroad industry and the increasing use of steam-powered machinery in factories. The industry continued to grow throughout the 20th century, with advancements in technology leading to the development of more efficient and reliable steam systems. In recent years, the industry has seen a shift towards more sustainable and energy-efficient systems, with a focus on reducing emissions and improving efficiency. In the United States, the "Steam Specialties (Wholesale)" industry has a more recent history, with significant growth occurring in the mid-20th century. The post-World War II economic boom led to increased demand for steam-powered machinery, and the industry grew rapidly to meet this demand. In the 1970s and 1980s, the industry saw a decline due to the increasing popularity of alternative energy sources and the development of more efficient steam systems. However, in recent years, the industry has experienced a resurgence due to the growing demand for sustainable and energy-efficient systems. The industry has also seen significant advancements in technology, with the development of new materials and more efficient systems driving growth.

The anticipated future trajectory of the NAICS 423720-34 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 Steam Specialties (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for steam specialties in various end-use industries such as food and beverage, pharmaceuticals, and chemicals. The growth in these industries is expected to drive the demand for steam specialties, which are used in various applications such as heating, sterilization, and cleaning. Additionally, the increasing focus on energy-efficient steam systems is expected to drive the demand for advanced steam specialties. The industry is also expected to benefit from the increasing adoption of automation and digitalization in the manufacturing sector, which is expected to drive the demand for advanced steam specialties. Overall, the industry is expected to grow at a steady pace in the coming years.

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

• Smart Steam Traps: Smart steam traps are a recent innovation in the Steam Specialties (Wholesale) industry. These steam traps are equipped with sensors and wireless communication technology that allows them to monitor and report steam trap performance in real-time. This helps in reducing energy consumption and improving the efficiency of steam systems.
• Advanced Control Valves: Advanced control valves are another recent innovation in the Steam Specialties (Wholesale) industry. These valves are equipped with advanced sensors and control systems that allow for precise control of steam flow and pressure. This helps in improving the efficiency of steam systems and reducing energy consumption.
• Energy-Efficient Steam Systems: Energy-efficient steam systems are becoming increasingly popular in the Steam Specialties (Wholesale) industry. These systems are designed to reduce energy consumption and improve the efficiency of steam systems. They use advanced steam specialties such as smart steam traps and advanced control valves to achieve this.
• Digitalization Of Steam Systems: The digitalization of steam systems is another recent innovation in the Steam Specialties (Wholesale) industry. This involves the use of advanced sensors, control systems, and data analytics to optimize steam system performance and reduce energy consumption. This trend is expected to continue in the coming years, driving the demand for advanced steam specialties.
• Eco-Friendly Steam Specialties: Eco-friendly steam specialties are becoming increasingly popular in the Steam Specialties (Wholesale) industry. These specialties are designed to reduce the environmental impact of steam systems by using renewable energy sources and reducing emissions. They are expected to become more popular in the coming years as companies focus on sustainability and reducing their carbon footprint.