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NAICS Code 424690-15 Description (8-Digit)

Carbon Dioxide (Wholesale) is a subdivision of the Other Chemical and Allied Products Merchant Wholesalers industry. This industry involves the wholesale distribution of carbon dioxide, a colorless, odorless gas that is a byproduct of various industrial processes. Carbon dioxide is used in a wide range of applications, including as a refrigerant, in fire extinguishers, in the production of carbonated beverages, and as a feedstock for the production of chemicals and fuels.

Hierarchy Navigation for NAICS Code 424690-15

Tools

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

  • Carbon dioxide cylinders
  • Carbon dioxide regulators
  • Carbon dioxide tanks
  • Carbon dioxide analyzers
  • Carbon dioxide detectors
  • Carbon dioxide compressors
  • Carbon dioxide scrubbers
  • Carbon dioxide generators
  • Carbon dioxide sensors
  • Carbon dioxide monitors

Industry Examples of Carbon Dioxide (Wholesale)

Common products and services typical of NAICS Code 424690-15, illustrating the main business activities and contributions to the market.

  • Beverage carbonation
  • Dry ice production
  • Fire suppression systems
  • Food processing
  • Greenhouse gas enrichment
  • Medical gas supply
  • Oil and gas extraction
  • Refrigeration and cooling
  • Water treatment
  • Welding and metal fabrication

Certifications, Compliance and Licenses for NAICS Code 424690-15 - Carbon Dioxide (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. The endorsement is issued by the Transportation Security Administration (TSA) after a background check and fingerprinting.
  • DOT Hazardous Materials Registration: This registration is required for businesses that transport hazardous materials in the US. The registration is issued by the US Department of Transportation (DOT) and can be obtained through the DOT's website at
  • OSHA Hazard Communication Standard (HCS) Training: This training is required for employees who work with hazardous chemicals. The training covers the proper handling, storage, and disposal of hazardous chemicals.
  • EPA Clean Air Act Section 608 Certification: This certification is required for technicians who service refrigeration and air conditioning equipment that contains refrigerants. The certification is issued by the Environmental Protection Agency (EPA) and can be obtained through an EPA-approved testing organization.
  • ISO 14001 Environmental Management System Certification: This certification is awarded to businesses that have implemented an environmental management system that meets the requirements of the ISO 14001 standard. The certification is issued by an accredited certification body.

History

A concise historical narrative of NAICS Code 424690-15 covering global milestones and recent developments within the United States.

  • The Carbon Dioxide (Wholesale) industry has a long history dating back to the 1800s when it was first discovered that carbon dioxide could be used in refrigeration. In the early 1900s, the industry began to grow as carbon dioxide was used in the production of dry ice, which was used to transport perishable goods. During World War II, the industry experienced a surge in demand as carbon dioxide was used in the production of synthetic rubber. In recent years, the industry has continued to grow as carbon dioxide is used in a variety of applications, including food and beverage production, medical applications, and oil and gas recovery. In the United States, the industry has seen significant growth in the last decade due to the increased demand for carbon dioxide in the oil and gas industry, where it is used in enhanced oil recovery techniques.

Future Outlook for Carbon Dioxide (Wholesale)

The anticipated future trajectory of the NAICS 424690-15 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 Carbon Dioxide (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for carbon dioxide in various applications such as food and beverage, healthcare, and industrial processes. The growth of the food and beverage industry, in particular, is expected to drive the demand for carbon dioxide as it is used in carbonated drinks and as a preservative. Additionally, the increasing use of carbon dioxide in medical applications such as cryotherapy and as a contrast agent in medical imaging is expected to further boost the demand for the industry. The industry is also expected to benefit from the increasing focus on reducing carbon emissions and the use of carbon dioxide as a refrigerant in place of traditional refrigerants that are harmful to the environment.

Industry Innovations for NAICS Code 424690-15

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

  • Carbon Dioxide Capture and Utilization Technology: This technology captures carbon dioxide emissions from industrial processes and converts them into useful products such as fuels, chemicals, and building materials.
  • Carbon Dioxide-Based Cleaning Products: Carbon dioxide is being used as a cleaning agent in various industries such as electronics, automotive, and aerospace due to its non-toxic and non-flammable nature.
  • Carbon Dioxide-Based Fire Suppression Systems: Carbon dioxide is being used as a fire suppression agent in various industries such as data centers, museums, and archives due to its effectiveness and non-damaging nature.
  • Carbon Dioxide-Based Refrigeration Systems: Carbon dioxide is being used as a refrigerant in various industries such as supermarkets and food processing plants due to its low environmental impact and energy efficiency.
  • Carbon Dioxide-Based Medical Treatments: Carbon dioxide is being used in various medical treatments such as cryotherapy, wound healing, and as a contrast agent in medical imaging due to its non-toxic and non-flammable nature.

NAICS Code 424690-15 - Carbon Dioxide (Wholesale)

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