NAICS Code 423860-26 - Tanks-Fiber/Glass/Plastic & Etc (Wholesale)

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60

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NAICS Code 423860-26 Description (8-Digit)

The Tanks-Fiber/Glass/Plastic & Etc (Wholesale) industry involves the wholesale distribution of tanks made from materials such as fiber, glass, plastic, and other similar materials. These tanks are used for a variety of purposes, including storage of liquids and gases, transportation of chemicals and other materials, and as components in industrial processes. Companies in this industry typically purchase tanks from manufacturers and sell them to retailers, industrial companies, and other end-users.

Hierarchy Navigation for NAICS Code 423860-26

Tools

Tools commonly used in the Tanks-Fiber/Glass/Plastic & Etc (Wholesale) industry for day-to-day tasks and operations.

  • Fiberglass cutting tools
  • Plastic welding equipment
  • Resin mixing equipment
  • Spray guns for applying coatings
  • Heat guns for shaping plastic tanks
  • Cutting and drilling tools for plastic and fiberglass
  • Pressure testing equipment
  • Hoists and cranes for moving large tanks
  • Forklifts and pallet jacks for warehouse operations
  • Computer software for inventory management and order processing

Industry Examples of Tanks-Fiber/Glass/Plastic & Etc (Wholesale)

Common products and services typical of NAICS Code 423860-26, illustrating the main business activities and contributions to the market.

  • Chemical storage tanks
  • Water treatment tanks
  • Agricultural tanks
  • Oil and gas tanks
  • Food processing tanks
  • Pharmaceutical tanks
  • Industrial process tanks
  • Septic tanks
  • Rainwater harvesting tanks
  • Aquaculture tanks

Certifications, Compliance and Licenses for NAICS Code 423860-26 - Tanks-Fiber/Glass/Plastic & Etc (Wholesale)

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

  • NSF/ANSI 61: Certification for products that come into contact with drinking water. This certification ensures that the products meet the safety and health standards for drinking water. Provided by NSF International.
  • ASTM D1998: Standard specification for polyethylene tanks suitable for outdoor use. This certification ensures that the tanks meet the safety and quality standards for outdoor use. Provided by ASTM International.
  • UL 142: Standard for steel aboveground tanks for flammable and combustible liquids. This certification ensures that the tanks meet the safety and quality standards for aboveground tanks that store flammable and combustible liquids. Provided by Underwriters Laboratories.
  • DOT 406: Specification for non-refrigerated liquid cargo tanks. This certification ensures that the tanks meet the safety and quality standards for non-refrigerated liquid cargo tanks. Provided by the US Department of Transportation.
  • ISO 9001: Quality management system certification. This certification ensures that the company has a quality management system in place that meets international standards. Provided by the International Organization for Standardization.

History

A concise historical narrative of NAICS Code 423860-26 covering global milestones and recent developments within the United States.

  • The "Tanks-Fiber/Glass/Plastic & Etc (Wholesale)" industry has a long history of providing storage solutions for various industries. The first recorded use of fiberglass tanks dates back to the 1930s when they were used to store chemicals. In the 1950s, plastic tanks were introduced, and they quickly gained popularity due to their lightweight and corrosion-resistant properties. The industry continued to grow in the 1960s and 1970s, with the introduction of new materials such as polyethylene and polypropylene. In recent years, the industry has seen a surge in demand for tanks made from composite materials, which offer superior strength and durability. In the United States, the industry has been growing steadily, with an increasing demand for tanks in various sectors such as agriculture, chemical, and water treatment.

Future Outlook for Tanks-Fiber/Glass/Plastic & Etc (Wholesale)

The anticipated future trajectory of the NAICS 423860-26 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 Tanks-Fiber/Glass/Plastic & Etc (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for storage and transportation of chemicals, water, and other liquids. The growth of the construction industry and the need for water storage tanks in drought-prone areas are also expected to drive the demand for tanks made of fiber, glass, plastic, and other materials. The industry is also expected to benefit from the increasing adoption of renewable energy sources, such as solar and wind power, which require storage tanks for energy storage. However, the industry may face challenges due to the increasing competition from low-cost imports and the volatility of raw material prices. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423860-26

Recent groundbreaking advancements and milestones in the Tanks-Fiber/Glass/Plastic & Etc (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Tanks: Tanks equipped with sensors and monitoring systems that allow real-time monitoring of the tank's contents, temperature, and pressure. This technology helps prevent leaks, spills, and other accidents, and allows for more efficient management of the tank's contents.
  • Lightweight Tanks: Tanks made of lightweight materials, such as fiberglass and plastic, that are easier to transport and install. These tanks are also more durable and resistant to corrosion than traditional metal tanks.
  • Modular Tanks: Tanks that can be easily assembled and disassembled, allowing for more flexible storage solutions. These tanks are ideal for temporary storage needs or for situations where space is limited.
  • Customized Tanks: Tanks that can be customized to meet specific customer requirements, such as size, shape, and material. This allows for more efficient use of space and resources, and ensures that the tank meets the customer's exact needs.
  • Green Tanks: Tanks made of eco-friendly materials, such as recycled plastic or biodegradable materials. These tanks are more sustainable and environmentally friendly than traditional tanks, and are ideal for customers who prioritize sustainability and environmental responsibility.

NAICS Code 423860-26 - Tanks-Fiber/Glass/Plastic & Etc (Wholesale)

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