NAICS Code 424690-19 - Chemical Plant Equipment ment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 424690-19 Description (8-Digit)

Chemical Plant Equipment and Supplies (Wholesale) is a subdivision of Other Chemical and Allied Products Merchant Wholesalers. This industry involves the wholesale distribution of equipment and supplies used in chemical plants. Companies in this industry supply a range of products such as tanks, pumps, valves, pipes, and fittings to chemical plants. The equipment and supplies are used in various processes such as mixing, separating, and storing chemicals.

Hierarchy Navigation for NAICS Code 424690-19

Tools

Tools commonly used in the Chemical Plant Equipment ment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Chemical pumps
  • Chemical tanks
  • Valves
  • Pipes
  • Fittings
  • Mixers
  • Separators
  • Heat exchangers
  • Reactors
  • Filters
  • Pressure vessels
  • Gauges
  • Flow meters
  • Level sensors
  • Safety equipment
  • Hoses
  • Gaskets
  • Seals
  • Bearings
  • Motors

Industry Examples of Chemical Plant Equipment ment & Supplies (Wholesale)

Common products and services typical of NAICS Code 424690-19, illustrating the main business activities and contributions to the market.

  • Chemical tanks and equipment
  • Industrial pumps and valves
  • Mixing and blending equipment
  • Filtration equipment
  • Heat exchangers and reactors
  • Pressure vessels and piping
  • Safety equipment and supplies
  • Instrumentation and control systems
  • Storage and handling equipment
  • Water treatment equipment

Certifications, Compliance and Licenses for NAICS Code 424690-19 - Chemical Plant Equipment ment & Supplies (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. [1]
  • 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 labeling of hazardous chemicals. The training is provided by the Occupational Safety and Health Administration (OSHA). [2]
  • EPA Risk Management Program (RMP): This program is required for facilities that handle certain hazardous chemicals above a certain threshold. The program requires facilities to develop a risk management plan that includes emergency response procedures, hazard assessment, and prevention measures. The program is administered by the Environmental Protection Agency (EPA). [3]
  • DOT Hazardous Materials Training: This training is required for employees who handle, package, or transport hazardous materials. The training covers the proper labeling, packaging, and handling of hazardous materials. The training is provided by the Department of Transportation (DOT). [4]
  • ISO 9001:2015 Quality Management System (QMS) Certification: This certification is a quality management system that ensures a company's products and services meet customer and regulatory requirements. The certification is issued by the International Organization for Standardization (ISO). [5]

History

A concise historical narrative of NAICS Code 424690-19 covering global milestones and recent developments within the United States.

  • The Chemical Plant Equipment and Supplies (Wholesale) industry has a long history dating back to the early 20th century when the chemical industry began to grow rapidly. The industry has been instrumental in providing the necessary equipment and supplies to chemical plants to ensure smooth operations. In the early days, the industry was dominated by a few large players who had a monopoly on the market. However, with the growth of the chemical industry, the industry has become more competitive, and there are now many players in the market. In recent years, the industry has seen significant advancements in technology, with the development of new and more efficient equipment and supplies. For example, the use of automation and robotics has made the production process more efficient and reduced the need for manual labor. In the United States, the industry has been growing steadily, with an increasing demand for chemical products and the need for more advanced equipment and supplies to meet this demand.

Future Outlook for Chemical Plant Equipment ment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 424690-19 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 Chemical Plant Equipment and Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for chemical products in various sectors such as agriculture, healthcare, and manufacturing. The industry is also expected to benefit from the growing trend of outsourcing chemical production to specialized companies. Additionally, the increasing focus on environmental sustainability is expected to drive the demand for eco-friendly chemical products, which will create new opportunities for the industry. However, the industry may face challenges such as increasing competition from low-cost imports and the need to comply with stringent environmental regulations.

Industry Innovations for NAICS Code 424690-19

Recent groundbreaking advancements and milestones in the Chemical Plant Equipment ment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Automation Of Chemical Plant Equipment: The industry has witnessed a significant increase in the use of automation technology in chemical plant equipment. This has led to increased efficiency, reduced labor costs, and improved safety in chemical production.
  • Development Of Eco-Friendly Chemical Products: The industry has seen a rise in the development of eco-friendly chemical products, which are in high demand due to the increasing focus on environmental sustainability.
  • Use Of Predictive Maintenance Technology: The industry has adopted predictive maintenance technology, which uses data analytics to predict equipment failures and schedule maintenance before a breakdown occurs. This has led to reduced downtime and increased productivity.
  • Integration Of Iot Technology: The industry has integrated IoT technology in chemical plant equipment, which has enabled real-time monitoring of equipment performance and improved supply chain management.
  • Adoption Of 3D Printing Technology: The industry has started to adopt 3D printing technology to produce spare parts for chemical plant equipment, which has reduced lead times and costs associated with traditional manufacturing methods.

NAICS Code 424690-19 - Chemical Plant Equipment ment & Supplies (Wholesale)

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