NAICS Code 423830-74 - Propane Gas Equipment (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423830-74 Description (8-Digit)

Propane Gas Equipment (Wholesale) involves the distribution of equipment and supplies related to propane gas. This industry is responsible for the wholesale of propane gas tanks, cylinders, valves, regulators, hoses, fittings, and other related equipment. The industry is essential in providing equipment to businesses and individuals who use propane gas for heating, cooking, and other purposes.

Hierarchy Navigation for NAICS Code 423830-74

Tools

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

  • Propane gas tanks
  • Propane gas cylinders
  • Propane gas valves
  • Propane gas regulators
  • Propane gas hoses
  • Propane gas fittings
  • Propane gas gauges
  • Propane gas meters
  • Propane gas burners
  • Propane gas stoves

Industry Examples of Propane Gas Equipment (Wholesale)

Common products and services typical of NAICS Code 423830-74, illustrating the main business activities and contributions to the market.

  • Propane gas distributors
  • Propane gas retailers
  • Propane gas suppliers
  • Propane gas wholesalers
  • Propane gas equipment manufacturers

Certifications, Compliance and Licenses for NAICS Code 423830-74 - Propane Gas Equipment (Wholesale)

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

  • National Propane Gas Association (NPGA) Certified Employee Training Program (CETP): This program provides training and certification for employees in the propane industry. The program covers topics such as propane delivery, installation, and safety. The certification is provided by the NPGA.
  • Department Of Transportation (DOT) Hazardous Materials Training: This training is required for employees who handle hazardous materials, including propane. The training covers topics such as labeling, packaging, and emergency response. The certification is provided by the DOT.
  • Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS) Training: This training is required for employees who work with hazardous chemicals, including propane. The training covers topics such as labeling, safety data sheets, and employee training. The certification is provided by OSHA.
  • National Fire Protection Association (NFPA) 58: Liquefied Petroleum Gas Code: This code provides safety requirements for the storage, handling, and use of propane. Compliance with the code is required by many state and local governments. The code is provided by the NFPA.
  • Environmental Protection Agency (EPA) Underground Storage Tank (UST) Operator Training: This training is required for employees who operate and maintain underground propane storage tanks. The training covers topics such as leak detection, spill prevention, and emergency response. The certification is provided by the EPA.

History

A concise historical narrative of NAICS Code 423830-74 covering global milestones and recent developments within the United States.

  • The propane gas equipment industry has been around for over a century, with the first propane gas-powered engine being developed in 1913. The industry has since grown to include a wide range of equipment, including tanks, cylinders, regulators, and valves. In the United States, the industry has seen significant growth in recent years due to the increasing demand for propane as a clean and efficient energy source. Notable advancements in the industry include the development of new technologies for propane storage and transportation, as well as the introduction of new safety standards and regulations to ensure the safe handling and use of propane gas equipment.

Future Outlook for Propane Gas Equipment (Wholesale)

The anticipated future trajectory of the NAICS 423830-74 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The propane gas equipment (wholesale) industry in the USA is expected to experience steady growth in the coming years. The increasing demand for propane gas equipment in various industries such as construction, agriculture, and transportation is expected to drive the growth of the industry. Additionally, the growing popularity of propane as a clean and efficient fuel source is expected to further boost the demand for propane gas equipment. However, the industry may face challenges such as increasing competition from alternative fuel sources and the volatility of propane prices. Overall, the industry is expected to continue to grow steadily in the coming years.

Industry Innovations for NAICS Code 423830-74

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

  • Propane-Powered Forklifts: Propane-powered forklifts have become increasingly popular in recent years due to their lower emissions and lower fuel costs compared to traditional gasoline-powered forklifts.
  • Propane Autogas Vehicles: Propane autogas vehicles are becoming more popular in the transportation industry due to their lower emissions and lower fuel costs compared to traditional gasoline-powered vehicles.
  • Propane-Powered Generators: Propane-powered generators are becoming more popular in the construction industry due to their lower emissions and lower fuel costs compared to traditional diesel-powered generators.
  • Propane-Powered Irrigation Engines: Propane-powered irrigation engines are becoming more popular in the agriculture industry due to their lower emissions and lower fuel costs compared to traditional diesel-powered engines.
  • Propane-Powered Heating Systems: Propane-powered heating systems are becoming more popular in the residential and commercial building industries due to their lower emissions and lower fuel costs compared to traditional heating systems.

NAICS Code 423830-74 - Propane Gas Equipment (Wholesale)

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