NAICS Code 423830-28 - Gas Plant Equipment (Wholesale)
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NAICS Code 423830-28 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423830-28
Parent Code (less specific)
Tools
Tools commonly used in the Gas Plant Equipment (Wholesale) industry for day-to-day tasks and operations.
- Compressors
- Pumps
- Valves
- Separators
- Heat exchangers
- Dehydrators
- Filters
- Regulators
- Turbines
- Flow meters
- Pressure gauges
- Control systems
- Gas analyzers
- Scrubbers
- Absorbers
- Condensers
- Chillers
- Boilers
- Burners
Industry Examples of Gas Plant Equipment (Wholesale)
Common products and services typical of NAICS Code 423830-28, illustrating the main business activities and contributions to the market.
- Gas compressors
- Gas pumps
- Gas valves
- Gas separators
- Gas dehydrators
- Gas filters
- Gas regulators
- Gas turbines
- Gas flow meters
- Gas pressure gauges
- Gas control systems
- Gas analyzers
- Gas scrubbers
- Gas absorbers
- Gas condensers
- Gas chillers
- Gas boilers
- Gas burners
Certifications, Compliance and Licenses for NAICS Code 423830-28 - Gas Plant Equipment (Wholesale)
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 provided by the American Society of Mechanical Engineers (ASME).
- API Spec Q1: This specification outlines the requirements for a quality management system for organizations that manufacture products for the petroleum and natural gas industry. It is provided by the American Petroleum Institute (API).
- OSHA Hazard Communication Standard: This standard requires employers to provide information to their employees about the hazardous chemicals they work with. It is provided by the Occupational Safety and Health Administration (OSHA).
- DOT Hazardous Materials Regulations: These regulations govern the transportation of hazardous materials in the United States. They are provided by the Department of Transportation (DOT).
- NFPA 58: This standard provides safety requirements for the storage, handling, and use of liquefied petroleum gas (LPG). It is provided by the National Fire Protection Association (NFPA).
History
A concise historical narrative of NAICS Code 423830-28 covering global milestones and recent developments within the United States.
- The Gas Plant Equipment (Wholesale) industry has a long history dating back to the early 20th century when the demand for natural gas increased. The industry has since grown to become a vital part of the energy sector, providing equipment and services to gas processing plants, refineries, and other energy-related businesses. In recent years, the industry has seen significant advancements in technology, including the development of more efficient and environmentally friendly equipment. In the United States, the industry has experienced steady growth over the past decade, driven by the increasing demand for natural gas and the expansion of the energy sector. Notable advancements in the US include the development of new gas processing technologies, such as shale gas extraction, which has led to increased production and demand for gas plant equipment.
Future Outlook for Gas Plant Equipment (Wholesale)
The anticipated future trajectory of the NAICS 423830-28 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Gas Plant Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for natural gas and the expansion of the natural gas industry. The industry is also expected to benefit from the growing demand for liquefied natural gas (LNG) and the increasing use of natural gas as a fuel for transportation. The industry is also expected to benefit from the increasing demand for natural gas in the industrial sector, particularly in the chemical and petrochemical industries. However, the industry may face challenges due to the increasing competition from foreign suppliers and the volatility of natural gas prices. Overall, the Gas Plant Equipment (Wholesale) industry is expected to grow in the coming years due to the increasing demand for natural gas and the expansion of the natural gas industry in the USA.
Industry Innovations for NAICS Code 423830-28
Recent groundbreaking advancements and milestones in the Gas Plant Equipment (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- The development of new technologies for natural gas processing, such as the use of membrane technology for natural gas purification and the use of nanotechnology for natural gas separation.
- The increasing use of automation and robotics in the natural gas industry, which has led to increased efficiency and reduced costs.
- The development of new natural gas storage technologies, such as the use of underground salt caverns and depleted oil and gas reservoirs for natural gas storage.
- The increasing use of natural gas as a fuel for transportation, which has led to the development of new natural gas vehicles and the construction of new natural gas refueling stations.
- The development of new natural gas pipelines and infrastructure, which has led to increased access to natural gas and the expansion of the natural gas industry in the USA.
NAICS Code 423830-28 - Gas Plant Equipment (Wholesale)
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