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

• Grease collection trucks
• Grease storage tanks
• Grease pumps
• Grease filters
• Grease processing equipment
• Biodiesel production equipment
• Laboratory equipment for testing grease quality
• Safety equipment for handling grease
• GPS tracking systems for trucks
• Accounting software for managing inventory and sales

Common products and services typical of NAICS Code 423930-29, illustrating the main business activities and contributions to the market.

• Used cooking oil
• Waste vegetable oil
• Yellow grease
• Brown grease
• Animal fat
• Grease trap waste
• Fryer oil
• Grill grease
• Bacon grease
• Butter and margarine waste

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

• National Renderers Association (NRA) Certification: The NRA certification is required for companies that process and sell rendered animal products, including waste-grease. The certification ensures that the products are safe for use in animal feed and other applications. The NRA provides the certification.
• Environmental Protection Agency (EPA) Hazardous Waste Generator License: Waste-grease is considered a hazardous waste and requires a license from the EPA to transport and dispose of it. The license ensures that the waste is handled and disposed of safely. The EPA provides the license.
• Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS) Training: The HCS training is required for employees who handle hazardous materials, including waste-grease. The training ensures that employees are aware of the hazards associated with the materials and know how to handle them safely. OSHA provides the training.
• Department Of Transportation (DOT) Hazardous Materials Transportation License: Waste-grease is considered a hazardous material and requires a license from the DOT to transport it. The license ensures that the material is transported safely. The DOT provides the license.
• Food and Drug Administration (FDA) Food Safety Modernization Act (FSMA) Preventive Controls for Animal Food: The FSMA Preventive Controls for Animal Food regulation applies to companies that manufacture, process, pack, or hold animal food, including waste-grease. The regulation ensures that the food is safe for animals to consume. The FDA provides the regulation.

A concise historical narrative of NAICS Code 423930-29 covering global milestones and recent developments within the United States.

• The "Waste-Grease (Wholesale)" industry has a long history dating back to the early 1900s when the first rendering plants were established in the United States. These plants were used to process animal by-products, including waste grease, into useful products such as soap, fertilizer, and animal feed. During World War II, the demand for glycerin, a by-product of the rendering process, increased significantly, leading to the expansion of the industry. In the 1960s and 1970s, the industry faced challenges due to environmental concerns and regulations. However, the industry adapted and continued to grow, with the development of new technologies and processes for the collection, processing, and distribution of waste grease. In recent years, the industry has seen a surge in demand for waste grease as a feedstock for the production of biodiesel, leading to increased competition and consolidation in the market. In the United States, the "Waste-Grease (Wholesale)" industry has experienced significant growth in recent years, driven by the increasing demand for biodiesel and other renewable fuels. According to the National Renderers Association, the industry processed over 8 billion pounds of animal fats and used cooking oil in 2019, with a value of over $2 billion. The industry has also faced challenges, including the impact of the COVID-19 pandemic on the restaurant industry, which has reduced the supply of used cooking oil. However, the industry has adapted by expanding into new markets, such as the production of renewable diesel, and investing in new technologies to improve efficiency and reduce costs. Overall, the "Waste-Grease (Wholesale)" industry is poised for continued growth in the coming years, driven by the increasing demand for renewable fuels and the development of new technologies and processes.

The anticipated future trajectory of the NAICS 423930-29 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The waste-grease (wholesale) industry in the USA is expected to experience steady growth in the coming years due to the increasing demand for biodiesel production. The industry is also expected to benefit from the growing awareness of the environmental benefits of recycling waste grease. Additionally, the industry is expected to benefit from the increasing demand for animal feed, which is produced from waste grease. However, the industry may face challenges due to the increasing competition from other industries that produce biodiesel and animal feed. The industry may also face challenges due to the increasing regulations on the disposal of waste grease. Overall, the future outlook for the waste-grease (wholesale) industry in the USA is positive, and the industry is expected to experience steady growth in the coming years.

Recent groundbreaking advancements and milestones in the Waste-Grease (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Development of new technologies for the efficient collection and processing of waste grease.
• Increasing use of waste grease as a feedstock for biodiesel production.
• Growing demand for animal feed produced from waste grease.
• Expansion of the waste-grease (wholesale) industry into new markets and regions.
• Increasing collaboration between waste-grease (wholesale) companies and other industries to develop new products and services.