NAICS Code 424690-11 - Boiler Compounds (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 424690-11 Description (8-Digit)

Boiler compounds (wholesale) is a subdivision of the Other Chemical and Allied Products Merchant Wholesalers industry. This industry involves the wholesale distribution of chemicals and allied products that are specifically designed for use in boilers. These compounds are used to improve the efficiency and performance of boilers by preventing corrosion, scaling, and other forms of damage. Companies in this industry typically purchase these compounds from manufacturers and then sell them to other businesses, such as power plants, industrial facilities, and commercial buildings.

Hierarchy Navigation for NAICS Code 424690-11

Tools

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

  • Boiler water test kits
  • PH meters
  • Conductivity meters
  • Chemical feed pumps
  • Water softeners
  • Reverse osmosis systems
  • Chemical injection quills
  • Chemical storage tanks
  • Chemical feed systems
  • Boiler blowdown systems

Industry Examples of Boiler Compounds (Wholesale)

Common products and services typical of NAICS Code 424690-11, illustrating the main business activities and contributions to the market.

  • Boiler water treatment chemicals
  • Scale inhibitors
  • Corrosion inhibitors
  • Oxygen scavengers
  • Alkalinity builders
  • PH adjusters
  • Antifoaming agents
  • Biocides
  • Dispersants
  • Coagulants

Certifications, Compliance and Licenses for NAICS Code 424690-11 - Boiler Compounds (Wholesale)

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

  • Hazardous Materials Endorsement (HME): Required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The endorsement is added to a commercial driver's license (CDL) and requires a background check and fingerprinting.
  • OSHA Hazard Communication Standard (HCS) Training: Required by the Occupational Safety and Health Administration (OSHA) for employees who work with hazardous chemicals. The training covers the proper handling, storage, and labeling of hazardous chemicals.
  • EPA Risk Management Program (RMP): Required by the Environmental Protection Agency (EPA) for facilities that handle hazardous chemicals above certain thresholds. The program requires facilities to develop a risk management plan that includes emergency response procedures and accident prevention measures.
  • DOT Hazardous Materials Training: Required by the Department of Transportation (DOT) for employees who handle, transport, or offer for transport hazardous materials. The training covers the proper labeling, packaging, and handling of hazardous materials.
  • ISO 9001:2015 Quality Management System (QMS) Certification: A voluntary certification that demonstrates a company's commitment to quality management. The certification requires a company to implement a quality management system that meets certain standards.

History

A concise historical narrative of NAICS Code 424690-11 covering global milestones and recent developments within the United States.

  • The "Boiler Compounds (Wholesale)" industry has a long history dating back to the 19th century when steam engines were widely used in various industries. Boiler compounds were developed to prevent corrosion and scale buildup in boilers, which improved their efficiency and lifespan. In the early 20th century, the industry saw significant growth due to the increasing demand for electricity and the expansion of the manufacturing sector. During World War II, the industry played a crucial role in supporting the war effort by providing boiler compounds for military ships and other equipment. In recent years, the industry has continued to evolve with the development of new and more effective compounds, as well as increased focus on environmental sustainability and safety regulations. In the United States, the "Boiler Compounds (Wholesale)" industry has seen steady growth in recent years due to the increasing demand for energy and the expansion of the manufacturing sector. The industry has also benefited from advancements in technology, which have led to the development of more effective and environmentally friendly compounds. In addition, the industry has faced challenges such as increased competition from foreign manufacturers and the need to comply with stricter safety and environmental regulations. Despite these challenges, the industry is expected to continue to grow in the coming years due to the increasing demand for energy and the expansion of the manufacturing sector.

Future Outlook for Boiler Compounds (Wholesale)

The anticipated future trajectory of the NAICS 424690-11 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 industry "Boiler Compounds (Wholesale)" in the USA is positive. The industry is expected to grow due to the increasing demand for energy-efficient boilers and the rising demand for industrial boilers in various end-use industries such as food processing, chemical, and pharmaceuticals. The increasing focus on reducing carbon emissions and the implementation of stringent regulations by the government is also expected to drive the growth of the industry. The industry is also expected to benefit from the increasing adoption of automation and digitalization in the manufacturing process, which is expected to increase the efficiency of the production process and reduce the overall cost of production.

Industry Innovations for NAICS Code 424690-11

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

  • Development Of Eco-Friendly Boiler Compounds: Manufacturers are focusing on developing eco-friendly boiler compounds that are free from harmful chemicals and have a low carbon footprint. These compounds are gaining popularity among end-users due to their environment-friendly nature and are expected to drive the growth of the industry.
  • Introduction Of Advanced Boiler Compounds: Manufacturers are introducing advanced boiler compounds that are designed to improve the efficiency of boilers and reduce the overall cost of production. These compounds are gaining popularity among end-users due to their ability to improve the performance of boilers and reduce the need for maintenance.
  • Increasing Adoption Of Automation and Digitalization: The increasing adoption of automation and digitalization in the manufacturing process is expected to increase the efficiency of the production process and reduce the overall cost of production. This is expected to drive the growth of the industry.
  • Rising Demand for Energy-Efficient Boilers: The rising demand for energy-efficient boilers is expected to drive the growth of the industry. End-users are increasingly focusing on reducing their energy consumption and carbon footprint, which is expected to increase the demand for energy-efficient boilers and, in turn, drive the growth of the industry.
  • Increasing Demand from End-Use Industries: The increasing demand for industrial boilers in various end-use industries such as food processing, chemical, and pharmaceuticals is expected to drive the growth of the industry. The growth of these industries is expected to increase the demand for boilers and, in turn, drive the growth of the industry.

NAICS Code 424690-11 - Boiler Compounds (Wholesale)

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