NAICS Code 423860-27 - Tanks-Used (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423860-27
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NAICS Code 423860-27 Description (8-Digit)

The Tanks-Used (Wholesale) industry involves the wholesale distribution of used tanks for various purposes. These tanks may have been previously used for storing liquids, gases, or other materials. The industry includes tanks made of various materials such as steel, plastic, and fiberglass. Companies in this industry may also provide related services such as tank cleaning, repair, and maintenance.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423860 page

Tools

Tools commonly used in the Tanks-Used (Wholesale) industry for day-to-day tasks and operations.

  • Tank cleaning equipment
  • Welding equipment
  • Cutting tools (e.g. plasma cutters)
  • Pressure testing equipment
  • Hoists and cranes
  • Hand tools (e.g. wrenches, hammers)
  • Sandblasting equipment
  • Paint sprayers
  • Inspection cameras
  • Forklifts

Industry Examples of Tanks-Used (Wholesale)

Common products and services typical of NAICS Code 423860-27, illustrating the main business activities and contributions to the market.

  • Used oil tanks
  • Chemical storage tanks
  • Water storage tanks
  • Fuel storage tanks
  • Propane tanks
  • Industrial gas tanks
  • Wine fermentation tanks
  • Milk storage tanks
  • Brewery tanks
  • Fertilizer storage tanks

History

A concise historical narrative of NAICS Code 423860-27 covering global milestones and recent developments within the United States.

  • The "Tanks-Used (Wholesale)" industry has a long history dating back to the early 20th century when the first tanks were used in World War I. After the war, many tanks were decommissioned and sold to private companies, which marked the beginning of the used tank market. During World War II, tanks played a crucial role in the war effort, and after the war, many tanks were again decommissioned and sold to private companies. In recent history, the industry has seen notable advancements in technology, such as the development of remote-controlled tanks and the use of tanks in the oil and gas industry for storage and transportation purposes. In the United States, the "Tanks-Used (Wholesale)" industry has seen significant growth in recent years due to the increasing demand for tanks in various industries, such as oil and gas, agriculture, and construction. The industry has also seen advancements in technology, such as the use of drones for tank inspections and the development of new materials for tank construction. In addition, the industry has been impacted by various regulations, such as the Environmental Protection Agency's regulations on underground storage tanks. Overall, the industry has a rich history and continues to evolve with new technologies and regulations.