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NAICS Code 424690-61 Description (8-Digit)

Oxygen (Wholesale) is a subdivision of the Other Chemical and Allied Products Merchant Wholesalers industry. This industry involves the wholesale distribution of oxygen gas in compressed, liquid, or solid form. Oxygen is a colorless, odorless, and tasteless gas that is essential for human respiration and combustion. Oxygen (Wholesale) companies supply oxygen to a variety of industries, including medical, industrial, and scientific applications.

Hierarchy Navigation for NAICS Code 424690-61

Tools

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

  • Oxygen concentrators
  • Oxygen cylinders
  • Oxygen regulators
  • Oxygen analyzers
  • Oxygen masks
  • Oxygen sensors
  • Oxygen flow meters
  • Oxygen compressors
  • Oxygen generators
  • Oxygen tanks

Industry Examples of Oxygen (Wholesale)

Common products and services typical of NAICS Code 424690-61, illustrating the main business activities and contributions to the market.

  • Medical oxygen
  • Welding oxygen
  • Aviation oxygen
  • Aquaculture oxygen
  • Scientific research oxygen
  • Ozone generation oxygen
  • Glass blowing oxygen
  • Food processing oxygen
  • Environmental monitoring oxygen
  • Emergency services oxygen

Certifications, Compliance and Licenses for NAICS Code 424690-61 - Oxygen (Wholesale)

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

  • DOT Hazardous Materials Transportation Certification: This certification is required for any company that transports hazardous materials, including oxygen, in the US. It ensures that the company is aware of the regulations and safety requirements for transporting these materials. The certification is provided by the US Department of Transportation (DOT).
  • Compressed Gas Association (CGA) Certification: This certification is required for any company that handles compressed gases, including oxygen, in the US. It ensures that the company is aware of the proper handling, storage, and transportation of these gases. The certification is provided by the Compressed Gas Association (CGA).
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for any company that handles hazardous materials, including oxygen, in the US. It ensures that the company is aware of the safety requirements and regulations for handling these materials. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • National Fire Protection Association (NFPA) Certification: This certification is required for any company that handles compressed gases, including oxygen, in the US. It ensures that the company is aware of the proper storage, handling, and transportation of these gases. The certification is provided by the National Fire Protection Association (NFPA).
  • Food and Drug Administration (FDA) Certification: This certification is required for any company that handles medical-grade oxygen in the US. It ensures that the company is aware of the regulations and safety requirements for handling medical-grade oxygen. The certification is provided by the Food and Drug Administration (FDA).

History

A concise historical narrative of NAICS Code 424690-61 covering global milestones and recent developments within the United States.

  • The oxygen industry has a long and fascinating history. Oxygen was first discovered in the late 18th century by Joseph Priestley and Carl Wilhelm Scheele, who both independently isolated the gas. In the early 19th century, oxygen was used in medicine to treat respiratory problems, and by the mid-1800s, it was being used in steel production. During World War I, oxygen was used to treat soldiers with gas poisoning, and in the 1920s, it was used in welding and cutting. In the 1950s, oxygen was used in rocket propulsion systems, and in the 1960s, it was used in the production of semiconductors. In recent years, the oxygen industry has continued to grow and evolve, with new applications in the medical, industrial, and aerospace sectors. In the United States, the oxygen industry has a rich history dating back to the early 20th century. During World War I, oxygen was used to treat soldiers with gas poisoning, and in the 1920s, it was used in welding and cutting. In the 1950s, oxygen was used in rocket propulsion systems, and in the 1960s, it was used in the production of semiconductors. In recent years, the oxygen industry has continued to grow and evolve, with new applications in the medical, industrial, and aerospace sectors. Today, the oxygen industry is a vital part of the US economy, providing essential products and services to a wide range of customers.

Future Outlook for Oxygen (Wholesale)

The anticipated future trajectory of the NAICS 424690-61 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 Oxygen (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for oxygen in various industries such as healthcare, welding, and metal fabrication. The COVID-19 pandemic has also increased the demand for oxygen in the healthcare industry, which is expected to continue in the future. The industry is also expected to benefit from the increasing use of oxygen in the production of steel and other metals. However, the industry may face challenges such as increasing competition and regulatory issues in the future.

Industry Innovations for NAICS Code 424690-61

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

  • Oxygen Concentrators: These devices are used to extract oxygen from the air and are becoming increasingly popular in the healthcare industry due to their portability and ease of use.
  • Oxygen Therapy Masks: These masks are used to deliver oxygen to patients with respiratory problems and are becoming more advanced with features such as adjustable flow rates and improved comfort.
  • Oxygen Sensors: These sensors are used to monitor the oxygen levels in various industries such as healthcare, aerospace, and automotive, and are becoming more accurate and reliable.
  • Oxygen Generators: These generators are used to produce oxygen on-site and are becoming more efficient and cost-effective, making them popular in industries such as metal fabrication and mining.
  • Oxygen Storage Systems: These systems are used to store oxygen in various industries and are becoming more advanced with features such as automatic filling and monitoring systems.

NAICS Code 424690-61 - Oxygen (Wholesale)

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