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

• Cryogenic storage tanks
• Cryogenic transfer pumps
• Cryogenic valves
• Cryogenic hoses
• Cryogenic gauges
• Cryogenic vaporizers
• Cryogenic safety equipment
• Liquid nitrogen dewars
• Liquid oxygen dewars
• Liquid argon dewars

Common products and services typical of NAICS Code 424690-47, illustrating the main business activities and contributions to the market.

• Medical equipment manufacturers
• Industrial gas suppliers
• Chemical manufacturers
• Food and beverage producers
• Aerospace companies
• Research laboratories
• Welding supply companies
• Cryotherapy clinics
• Semiconductor manufacturers
• Environmental testing companies

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 quantities that require placards. The endorsement is issued by the Transportation Security Administration (TSA) and requires a background check and fingerprinting.
• OSHA Hazard Communication Standard (HCS) Training: This training is required for employees who work with hazardous chemicals. The training covers the identification of hazardous chemicals, the labeling of containers, and the use of safety data sheets.
• DOT Hazardous Materials Training: This training is required for employees who handle, package, label, or transport hazardous materials. The training covers the identification of hazardous materials, the proper packaging and labeling of containers, and the emergency response procedures.
• ISO 9001:2015 Quality Management System Certification: This certification is a globally recognized standard for quality management systems. It demonstrates that a company has a systematic approach to quality management and is committed to continuous improvement.
• ISO 14001:2015 Environmental Management System Certification: This certification is a globally recognized standard for environmental management systems. It demonstrates that a company has a systematic approach to environmental management and is committed to reducing its environmental impact.

A concise historical narrative of NAICS Code 424690-47 covering global milestones and recent developments within the United States.

• The "Liquid Air (Wholesale)" industry has a long history dating back to the late 19th century when the first air liquefaction plant was built in France. The process of liquefying air was a significant milestone in the industry as it allowed for the production of large quantities of liquid air, which could be used for various industrial applications. In the early 20th century, the industry saw significant growth due to the increasing demand for liquid air in the steel and chemical industries. During World War II, the industry played a crucial role in the production of oxygen for military use. In recent history, the industry has continued to grow due to the increasing demand for liquid air in the healthcare, food, and beverage industries. In the United States, the industry has seen significant growth in the past decade due to the increasing demand for liquid nitrogen in the food and beverage industry, particularly in the production of frozen foods and beverages.

The anticipated future trajectory of the NAICS 424690-47 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Liquid Air (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for liquid air in various applications such as healthcare, food and beverage, and electronics. The growth of the healthcare industry, in particular, is expected to drive the demand for liquid air as it is used in medical procedures such as cryotherapy and cryosurgery. Additionally, the increasing demand for frozen food products and the growth of the electronics industry are expected to contribute to the growth of the industry. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from substitute products. Overall, the Liquid Air (Wholesale) industry is expected to experience steady growth in the coming years.

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

• Development Of New Applications: Liquid air is being used in new applications such as energy storage and transportation. The development of these new applications is expected to drive the demand for liquid air in the future.
• Expansion Of Production Capacity: Several companies in the industry are expanding their production capacity to meet the growing demand for liquid air. For example, Air Liquide is investing in a new production plant in the USA to increase its liquid air production capacity.
• Technological Advancements: The industry is experiencing technological advancements such as the development of more efficient and cost-effective production processes. These advancements are expected to improve the competitiveness of the industry.
• Strategic Partnerships: Companies in the industry are forming strategic partnerships to expand their market reach and improve their product offerings. For example, Air Products and Chemicals has formed a partnership with N.V. Nederlandse Gasunie to build a new liquid air production facility in the Netherlands.
• Increasing Focus on Sustainability: The industry is increasingly focusing on sustainability and reducing its environmental impact. For example, Air Liquide has launched a program to reduce the carbon footprint of its liquid air production facilities. These sustainability initiatives are expected to improve the industry's reputation and competitiveness.