NAICS Code 423930-12 - Oils-Waste (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Business Phone Number
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Looking for more companies? See NAICS 423930 - Recyclable Material Merchant Wholesalers - 6,774 companies, 18,316 emails.

NAICS Code 423930-12 Description (8-Digit)

Oils-Waste (Wholesale) is a subdivision of the Recyclable Material Merchant Wholesalers industry that involves the wholesale distribution of waste oils. This industry deals with the collection, transportation, and distribution of used oils that are no longer suitable for their original purpose. The oils may come from a variety of sources, including automotive, industrial, and household use. The primary goal of this industry is to recycle and reuse waste oils, reducing the amount of waste that ends up in landfills and protecting the environment.

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 423930 page

Tools

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

  • Oil filter crushers
  • Oil skimmers
  • Oil water separators
  • Oil spill kits
  • Oil absorbent pads
  • Oil transfer pumps
  • Oil storage tanks
  • Oil analysis kits
  • Oil testing equipment
  • Oil recovery systems

Industry Examples of Oils-Waste (Wholesale)

Common products and services typical of NAICS Code 423930-12, illustrating the main business activities and contributions to the market.

  • Waste motor oil
  • Used cooking oil
  • Hydraulic oil
  • Transmission fluid
  • Gear oil
  • Turbine oil
  • Compressor oil
  • Cutting oil
  • Heat transfer oil
  • Transformer oil

History

A concise historical narrative of NAICS Code 423930-12 covering global milestones and recent developments within the United States.

  • The "Oils-Waste (Wholesale)" industry has a long history dating back to the early 20th century when the first oil refineries were established. The industry started to grow rapidly in the 1960s when environmental regulations were introduced, and the need for proper disposal of hazardous waste became a priority. In the 1980s, the industry saw a significant shift towards recycling and reusing waste oils, which led to the development of new technologies and processes. In recent years, the industry has continued to evolve, with a focus on sustainability and reducing the environmental impact of waste oil. In the United States, the industry has seen steady growth over the past decade, driven by increasing demand for recycled oil and the expansion of the renewable energy sector.