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NAICS Code 424690-01 Description (8-Digit)

Absorbents (Wholesale) is a subdivision of Other Chemical and Allied Products Merchant Wholesalers industry. This industry involves the wholesale distribution of absorbent materials that are used to soak up liquids, oils, and chemicals. These materials are used in a variety of industries such as automotive, industrial, and healthcare. Absorbents (Wholesale) companies typically purchase absorbent materials in bulk from manufacturers and then distribute them to retailers, industrial companies, and other end-users.

Hierarchy Navigation for NAICS Code 424690-01

Tools

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

  • Absorbent pads
  • Absorbent socks
  • Absorbent pillows
  • Absorbent booms
  • Spill kits
  • Drum covers
  • Drip pans
  • Containment berms
  • Oil skimmers
  • Sorbent granules

Industry Examples of Absorbents (Wholesale)

Common products and services typical of NAICS Code 424690-01, illustrating the main business activities and contributions to the market.

  • Oil absorbents
  • Chemical absorbents
  • Universal absorbents
  • Spill control products
  • Absorbent mats
  • Absorbent rolls
  • Absorbent wipers
  • Absorbent pillows
  • Absorbent socks
  • Absorbent booms

Certifications, Compliance and Licenses for NAICS Code 424690-01 - Absorbents (Wholesale)

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

  • Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials in amounts that require placarding. It is issued by the Transportation Security Administration (TSA) and requires a background check and fingerprinting.
  • Hazardous Waste Operations and Emergency Response (HAZWOPER): This certification is required for workers who handle hazardous waste and must be trained in hazardous waste operations and emergency response. It is issued by the Occupational Safety and Health Administration (OSHA).
  • Spill Prevention, Control, and Countermeasure (SPCC): This certification is required for facilities that store, handle, or transport oil or petroleum products. It is issued by the Environmental Protection Agency (EPA) and requires a plan for preventing and responding to oil spills.
  • Resource Conservation and Recovery Act (RCRA): This certification is required for facilities that generate, transport, treat, store, or dispose of hazardous waste. It is issued by the EPA and requires compliance with regulations for the management of hazardous waste.
  • International Maritime Dangerous Goods (IMDG) Code: This certification is required for the transportation of dangerous goods by sea. It is issued by the International Maritime Organization (IMO) and requires compliance with regulations for the safe transport of dangerous goods.

History

A concise historical narrative of NAICS Code 424690-01 covering global milestones and recent developments within the United States.

  • The "Absorbents (Wholesale)" industry has a long history dating back to ancient times when natural materials such as sand, sawdust, and straw were used to absorb liquids. In the 19th century, the use of clay-based absorbents became popular, and in the early 20th century, synthetic absorbents made from materials such as cellulose and polypropylene were introduced. In the United States, the industry saw significant growth during World War II when absorbents were used to clean up oil spills. Since then, the industry has continued to evolve, with advancements in technology leading to the development of more efficient and environmentally friendly absorbents. For example, in recent years, there has been a growing trend towards the use of biodegradable absorbents made from natural materials such as cornstarch and coconut coir.

Future Outlook for Absorbents (Wholesale)

The anticipated future trajectory of the NAICS 424690-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The absorbents (wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for absorbent products in various industries such as healthcare, automotive, and oil and gas. The growing awareness of environmental concerns and the need for sustainable products is also expected to drive the growth of the industry. Additionally, the increasing demand for high-performance absorbents that can absorb large amounts of liquids quickly and efficiently is expected to create new opportunities for the industry. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost imports. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for absorbent products in various end-use industries.

Industry Innovations for NAICS Code 424690-01

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

  • The development of superabsorbent polymers (SAPs) that can absorb large amounts of liquids quickly and efficiently has been a major innovation in the absorbents (wholesale) industry. These SAPs are widely used in various industries such as healthcare, agriculture, and personal care products.
  • The use of nanotechnology in the development of absorbent materials has also been a recent innovation in the industry. Nanotechnology-based absorbents offer several advantages such as high absorbency, selectivity, and reusability.
  • The development of biodegradable and eco-friendly absorbents is another recent innovation in the industry. These absorbents are made from natural materials such as cellulose and starch and can be easily disposed of without harming the environment.
  • The use of absorbent mats and pads in the oil and gas industry has been a recent milestone. These mats and pads are used to absorb oil spills and prevent environmental damage.
  • The development of absorbent products for the automotive industry, such as oil absorbent pads and spill kits, has been another recent innovation in the industry. These products help to prevent oil spills and reduce the environmental impact of the automotive industry.

NAICS Code 424690-01 - Absorbents (Wholesale)

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