NAICS Code 423860-25 - Tanks (Wholesale)
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NAICS Code 423860-25 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423860-25
Parent Code (less specific)
Tools
Tools commonly used in the Tanks (Wholesale) industry for day-to-day tasks and operations.
- Tank gauges
- Tank level indicators
- Tank mixers
- Tank heaters
- Tank pumps
- Tank valves
- Tank fittings
- Tank liners
- Tank coatings
- Tank insulation
Industry Examples of Tanks (Wholesale)
Common products and services typical of NAICS Code 423860-25, illustrating the main business activities and contributions to the market.
- Water tanks
- Fuel tanks
- Chemical tanks
- Propane tanks
- Oil tanks
- Wine tanks
- Grain storage tanks
- Septic tanks
- Sewage tanks
- Fertilizer tanks
Certifications, Compliance and Licenses for NAICS Code 423860-25 - Tanks (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Hazardous Materials Endorsement (HME): A certification required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The certification ensures that the driver has passed a background check and is aware of the risks and regulations associated with transporting hazardous materials. More information can be found on the TSA website:
- Tank Inspection: The Department of Transportation (DOT) requires that tanks used for transporting hazardous materials be inspected and tested regularly to ensure their safety. The inspection must be performed by a qualified inspector and must follow specific guidelines. More information can be found on the DOT website:
- National Institute for Certification In Engineering Technologies (NICET): NICET offers certification for individuals who work in the field of fire protection, including the installation and maintenance of fire protection systems in tanks. The certification ensures that the individual has the necessary knowledge and skills to perform their job safely and effectively. More information can be found on the NICET website:
- Occupational Safety and Health Administration (OSHA) 10-Hour General Industry Certification: This certification provides an overview of workplace safety and health hazards and is required by some employers in the tank wholesale industry. The certification covers topics such as hazard communication, personal protective equipment, and electrical safety. More information can be found on the OSHA website:
- International Maritime Dangerous Goods (IMDG) Code: The IMDG Code is a set of regulations that govern the transportation of dangerous goods by sea. The code includes requirements for the packaging, labeling, and documentation of dangerous goods, including those transported in tanks. More information can be found on the International Maritime Organization website:
History
A concise historical narrative of NAICS Code 423860-25 covering global milestones and recent developments within the United States.
- The "Tanks (Wholesale)" industry has a long history dating back to ancient times when tanks were used for water storage and transportation. In the modern era, the industry has seen significant advancements in technology and materials used for tank manufacturing. For example, the development of fiberglass and plastic tanks in the mid-20th century revolutionized the industry by providing more durable and cost-effective options. In recent years, the industry has also seen a growing demand for specialized tanks for various applications, such as fuel storage, chemical processing, and water treatment. In the United States, the industry has been influenced by various factors such as government regulations, economic conditions, and technological advancements. For example, the introduction of the Clean Air Act in the 1970s led to an increased demand for storage tanks for gasoline and other fuels. Overall, the "Tanks (Wholesale)" industry has a rich history of innovation and adaptation to changing market conditions.
Future Outlook for Tanks (Wholesale)
The anticipated future trajectory of the NAICS 423860-25 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the industry "Tanks (Wholesale)" in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for tanks in various sectors such as oil and gas, chemical, and water treatment. The growth in the construction industry is also expected to drive the demand for tanks. The increasing focus on renewable energy sources such as solar and wind power is also expected to create new opportunities for the industry. However, the industry may face challenges such as increasing competition and regulatory issues related to environmental concerns. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423860-25
Recent groundbreaking advancements and milestones in the Tanks (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Tanks: These tanks are equipped with sensors and software that allow them to monitor and optimize their performance. They can detect leaks, measure the level of liquid, and adjust the temperature and pressure as needed.
- Modular Tanks: These tanks are designed to be easily assembled and disassembled, making them ideal for temporary storage or transportation. They can be customized to meet specific requirements and are available in a variety of sizes and shapes.
- Corrosion-Resistant Tanks: These tanks are made of materials that are resistant to corrosion, such as fiberglass, plastic, or stainless steel. They are ideal for storing corrosive liquids and chemicals.
- Double-Walled Tanks: These tanks have two layers of protection, which reduces the risk of leaks and spills. They are commonly used for storing hazardous materials and are required by law in some industries.
- Tank Monitoring Systems: These systems use sensors and software to monitor the level of liquid in tanks and provide real-time data on tank performance. They can help prevent spills and optimize tank usage.
NAICS Code 423860-25 - Tanks (Wholesale)
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