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

• Solvent tanks
• Pumps
• Valves
• Funnels
• Mixers
• Safety equipment (gloves, goggles, respirators)
• Drum handling equipment
• Flow meters
• Filtration equipment
• Distillation equipment

Common products and services typical of NAICS Code 424690-70, illustrating the main business activities and contributions to the market.

• Paint manufacturers
• Pharmaceutical companies
• Adhesive manufacturers
• Cleaning product manufacturers
• Ink manufacturers
• Resin manufacturers
• Chemical distributors
• Coatings manufacturers
• Polymer manufacturers
• Flavor and fragrance manufacturers

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

• Hazardous Materials Endorsement (HME): A certification required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The certification ensures that the driver has passed a background check and is aware of the risks and regulations associated with transporting hazardous materials. More information can be found on the TSA website:
• OSHA Hazard Communication Standard (HCS) Training: A certification required by the Occupational Safety and Health Administration (OSHA) for employees who work with hazardous chemicals. The certification ensures that employees are aware of the hazards associated with the chemicals they work with and know how to handle them safely. More information can be found on the OSHA website:
• EPA Resource Conservation and Recovery Act (RCRA) Training: A certification required by the Environmental Protection Agency (EPA) for employees who handle hazardous waste. The certification ensures that employees are aware of the regulations associated with hazardous waste and know how to handle it safely. More information can be found on the EPA website:
• DOT Hazardous Materials Training: A certification required by the Department of Transportation (DOT) for employees who transport hazardous materials. The certification ensures that employees are aware of the regulations associated with transporting hazardous materials and know how to handle them safely. More information can be found on the DOT website:
• ISO 9001:2015 Quality Management System Certification: A certification that ensures a company's quality management system meets international standards. This certification can help a company improve its processes and increase customer satisfaction. More information can be found on the ISO website:

A concise historical narrative of NAICS Code 424690-70 covering global milestones and recent developments within the United States.

• The Solvents (Wholesale) industry has a long history dating back to the 19th century when the first synthetic solvents were developed. The industry has since grown to become an essential part of the chemical industry, providing solvents for a wide range of applications, including paints, coatings, adhesives, and pharmaceuticals. In the United States, the industry experienced significant growth during the post-World War II period, driven by the expansion of the chemical industry and the increasing demand for solvents. In recent years, the industry has faced challenges due to the increasing regulatory pressure on the use of certain solvents, as well as the growing demand for environmentally friendly alternatives. Despite these challenges, the industry continues to play a vital role in the chemical industry, providing essential solvents for a wide range of applications.

The anticipated future trajectory of the NAICS 424690-70 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 Solvents (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for solvents in various end-use industries such as paints and coatings, adhesives, and pharmaceuticals. The growth of the construction industry is also expected to drive the demand for solvents. However, the industry may face challenges due to the increasing regulations on the use of solvents and the shift towards eco-friendly solvents. Overall, the industry is expected to grow steadily in the coming years.

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

• Development Of Bio-Based Solvents: The industry has witnessed the development of bio-based solvents that are eco-friendly and have low toxicity levels. These solvents are made from renewable sources such as corn, soybeans, and sugarcane and are gaining popularity due to their low environmental impact.
• Solvent Recycling: The industry has adopted solvent recycling techniques that help in reducing the amount of waste generated and also reduce the cost of production. Solvent recycling also helps in reducing the environmental impact of the industry.
• Development Of High-Performance Solvents: The industry has witnessed the development of high-performance solvents that have better properties such as low volatility, high boiling point, and low toxicity. These solvents are used in various end-use industries such as pharmaceuticals, paints and coatings, and adhesives.
• Use Of Nanotechnology: The industry has started using nanotechnology to develop solvents that have better properties such as high stability, low toxicity, and high solubility. Nanotechnology has also helped in reducing the amount of solvent required for a particular application.
• Development Of Solvent Blends: The industry has witnessed the development of solvent blends that have better properties than individual solvents. Solvent blends are used in various end-use industries such as paints and coatings, adhesives, and pharmaceuticals.