NAICS Code 424690-42 - Gasoline Additive-Distributors (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

15

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NAICS Code 424690-42 Description (8-Digit)

Gasoline Additive-Distributors (Wholesale) are companies that specialize in the distribution of gasoline additives to other businesses. Gasoline additives are chemical compounds that are added to gasoline to improve its performance, increase its octane rating, and reduce emissions. Gasoline Additive-Distributors (Wholesale) purchase these additives from manufacturers and then distribute them to gas stations, refineries, and other businesses that sell gasoline. These companies play an important role in the gasoline industry by ensuring that gasoline meets the necessary standards for performance and environmental impact.

Hierarchy Navigation for NAICS Code 424690-42

Tools

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

  • Gasoline additive pumps
  • Chemical storage tanks
  • Chemical transfer hoses
  • Chemical measuring equipment
  • Chemical safety equipment
  • Chemical spill containment equipment
  • Chemical labeling equipment
  • Chemical transportation vehicles
  • Chemical handling gloves
  • Chemical goggles

Industry Examples of Gasoline Additive-Distributors (Wholesale)

Common products and services typical of NAICS Code 424690-42, illustrating the main business activities and contributions to the market.

  • Gas stations
  • Refineries
  • Fuel distributors
  • Chemical manufacturers
  • Petrochemical companies
  • Fuel additive manufacturers
  • Chemical wholesalers
  • Fuel testing laboratories
  • Environmental testing laboratories
  • Automotive manufacturers

Certifications, Compliance and Licenses for NAICS Code 424690-42 - Gasoline Additive-Distributors (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]
  • Environmental Protection Agency (EPA) Certification: This certification is required for individuals who handle refrigerants. The EPA requires certification to ensure that refrigerants are handled and disposed of properly. [2]
  • Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS) Training: This training is required for employees who work with hazardous chemicals. The HCS requires employers to provide information and training to employees about the hazardous chemicals they work with and how to protect themselves. [3]
  • National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for individuals who work with respirators. NIOSH certifies respirators to ensure that they meet certain standards for safety and effectiveness. [4]
  • Department Of Transportation (DOT) Hazardous Materials Training: This training is required for employees who handle, transport, or offer for transport hazardous materials. The DOT requires training to ensure that hazardous materials are handled and transported safely. [5]

History

A concise historical narrative of NAICS Code 424690-42 covering global milestones and recent developments within the United States.

  • Gasoline Additive-Distributors (Wholesale) industry has been around for several decades. The industry has seen significant growth due to the increasing demand for gasoline additives. In the early days, the industry was dominated by a few large players, but over time, the market has become more fragmented, with many small and medium-sized players entering the market. In recent years, the industry has seen a shift towards more environmentally friendly additives, with many companies investing in research and development to create new and innovative products. In the United States, the industry has been impacted by various factors such as changes in government regulations, fluctuations in oil prices, and the increasing demand for fuel-efficient vehicles. Despite these challenges, the industry has continued to grow, and it is expected to remain an important part of the fuel industry for years to come.

Future Outlook for Gasoline Additive-Distributors (Wholesale)

The anticipated future trajectory of the NAICS 424690-42 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 Gasoline Additive-Distributors (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for gasoline additives in the country. The growth of the automotive industry and the increasing number of vehicles on the road are the major drivers of this demand. Additionally, the increasing focus on reducing emissions and improving fuel efficiency is expected to drive the demand for gasoline additives. The industry is also expected to benefit from the increasing popularity of electric vehicles, as gasoline additives are used in the production of electric vehicle batteries. Overall, the Gasoline Additive-Distributors (Wholesale) industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 424690-42

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

  • The development of new gasoline additive formulations that improve fuel efficiency and reduce emissions.
  • The introduction of new gasoline additive products that are specifically designed for electric vehicles.
  • The adoption of new technologies that improve the production and distribution of gasoline additives.
  • The expansion of the industry's distribution network to reach new markets and customers.
  • The implementation of new marketing strategies to increase awareness and demand for gasoline additives.

NAICS Code 424690-42 - Gasoline Additive-Distributors (Wholesale)

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