NAICS Code 423840-75 - Barrels & Drums Equipment ment & Supplies (Wholesale)

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NAICS Code 423840-75 Description (8-Digit)

The Barrels & Drums Equipment and Supplies (Wholesale) industry involves the wholesale distribution of equipment and supplies related to barrels and drums. This includes the sale of new and used barrels and drums, as well as the equipment and supplies needed to maintain and repair them. The industry serves a variety of customers, including manufacturers, distributors, and retailers across various sectors such as food and beverage, chemical, and pharmaceutical.

Hierarchy Navigation for NAICS Code 423840-75

Tools

Tools commonly used in the Barrels & Drums Equipment ment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Barrel and drum pumps
  • Barrel and drum wrenches
  • Barrel and drum heaters
  • Barrel and drum deheaders
  • Barrel and drum mixers
  • Barrel and drum dollies
  • Barrel and drum faucets
  • Barrel and drum liners
  • Barrel and drum gauges
  • Barrel and drum racks

Industry Examples of Barrels & Drums Equipment ment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423840-75, illustrating the main business activities and contributions to the market.

  • Steel drums
  • Plastic drums
  • Fiber drums
  • Drum closures
  • Drum liners
  • Drum pumps
  • Drum wrenches
  • Drum heaters
  • Drum mixers
  • Drum dollies

Certifications, Compliance and Licenses for NAICS Code 423840-75 - Barrels & Drums Equipment ment & Supplies (Wholesale)

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

  • Hazardous Materials Transportation Certification: This certification is required for businesses that transport hazardous materials in the US. It is issued by the US Department of Transportation and ensures that the business is compliant with all regulations related to the transportation of hazardous materials.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for businesses that deal with hazardous materials and ensures that the business is compliant with all OSHA regulations related to the handling and storage of hazardous materials.
  • Environmental Protection Agency (EPA) Certification: This certification is required for businesses that handle hazardous waste and ensures that the business is compliant with all EPA regulations related to the handling and disposal of hazardous waste.
  • National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for businesses that deal with respiratory protection equipment and ensures that the business is compliant with all NIOSH regulations related to the use and maintenance of respiratory protection equipment.
  • International Organization for Standardization (ISO) 9001 Certification: This certification is not specific to the US but is widely recognized and required for businesses that want to demonstrate their commitment to quality management. It ensures that the business has implemented a quality management system that meets international standards.

History

A concise historical narrative of NAICS Code 423840-75 covering global milestones and recent developments within the United States.

  • The "Barrels & Drums Equipment ment & Supplies (Wholesale)" industry has a long history dating back to the early days of human civilization. The first barrels were made of wood and were used to store and transport goods such as wine, oil, and water. The use of barrels and drums continued to evolve over time, and by the 19th century, metal barrels became more common. In the United States, the industry experienced significant growth during World War II when the demand for barrels and drums increased due to the need for storage and transportation of goods. In recent years, the industry has continued to evolve with the introduction of new materials and technologies, such as plastic and composite materials, which have improved the durability and functionality of barrels and drums.

Future Outlook for Barrels & Drums Equipment ment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423840-75 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 Barrels & Drums Equipment ment & Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for barrels and drums in various sectors such as food and beverage, pharmaceuticals, and chemicals. The growth of the e-commerce industry is also expected to boost the demand for barrels and drums as they are used for packaging and shipping. The industry is also expected to benefit from the increasing focus on sustainability and the use of eco-friendly packaging materials. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from alternative packaging materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423840-75

Recent groundbreaking advancements and milestones in the Barrels & Drums Equipment ment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Barrels and Drums: These are barrels and drums that are equipped with sensors and other technologies that allow for real-time monitoring of the contents, temperature, and other parameters. This technology can help prevent spoilage and contamination of the contents, and also improve supply chain efficiency.
  • Biodegradable Barrels and Drums: These are barrels and drums that are made from biodegradable materials such as plant-based plastics. They are eco-friendly and can help reduce the environmental impact of the packaging industry.
  • Lightweight Barrels and Drums: These are barrels and drums that are made from lightweight materials such as aluminum or composite materials. They are easier to handle and transport, and can also help reduce shipping costs.
  • Customized Barrels and Drums: These are barrels and drums that are designed and manufactured according to the specific needs of the customer. They can be customized in terms of size, shape, material, and other parameters.
  • Automated Barrel and Drum Filling Systems: These are systems that automate the process of filling barrels and drums with liquids or powders. They can help improve efficiency, reduce waste, and ensure accuracy.

NAICS Code 423840-75 - Barrels & Drums Equipment ment & Supplies (Wholesale)

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