NAICS Code 424690-78 - Storage Chemical-Hazardous Mtrls Equip (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 424690-78 Description (8-Digit)

The Storage Chemical-Hazardous Mtrls Equip (Wholesale) industry involves the wholesale distribution of equipment used for the storage and handling of hazardous materials, such as chemicals, flammable liquids, and gases. This industry is responsible for providing businesses with the necessary equipment to safely store and transport hazardous materials, ensuring compliance with safety regulations and minimizing the risk of accidents.

Hierarchy Navigation for NAICS Code 424690-78

Tools

Tools commonly used in the Storage Chemical-Hazardous Mtrls Equip (Wholesale) industry for day-to-day tasks and operations.

  • Hazardous material storage cabinets
  • Drum handling equipment
  • Spill containment pallets
  • Safety cans and containers
  • Gas cylinder storage cabinets
  • Chemical storage tanks
  • Drum pumps and dispensing equipment
  • Personal protective equipment (PPE)
  • Safety showers and eyewash stations
  • Fire extinguishers

Industry Examples of Storage Chemical-Hazardous Mtrls Equip (Wholesale)

Common products and services typical of NAICS Code 424690-78, illustrating the main business activities and contributions to the market.

  • Flammable liquid storage equipment
  • Chemical storage cabinets
  • Hazardous waste storage containers
  • Gas cylinder storage racks
  • Spill containment berms
  • Drum funnels and covers
  • Safety cabinets for corrosive materials
  • Emergency response equipment
  • Chemical spill kits
  • PPE storage lockers

Certifications, Compliance and Licenses for NAICS Code 424690-78 - Storage Chemical-Hazardous Mtrls Equip (Wholesale)

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.
  • Hazardous Waste Operations and Emergency Response (HAZWOPER): A certification required by the Occupational Safety and Health Administration (OSHA) for workers who handle hazardous materials. The certification ensures that the worker is trained in the proper handling, storage, and disposal of hazardous materials and is prepared to respond to emergencies.
  • Environmental Protection Agency (EPA) Hazardous Waste Generator: A certification required by the EPA for facilities that generate hazardous waste. The certification ensures that the facility is properly managing and disposing of hazardous waste in compliance with EPA regulations.
  • National Fire Protection Association (NFPA) 30: Flammable and Combustible Liquids Code: A set of standards developed by the NFPA for the safe storage, handling, and use of flammable and combustible liquids. Compliance with these standards is required by many local and state regulations.
  • Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS): A set of regulations developed by OSHA to ensure that workers are informed about the hazardous chemicals they work with and how to handle them safely. Compliance with these regulations is required for all employers who have hazardous chemicals in their workplace.

History

A concise historical narrative of NAICS Code 424690-78 covering global milestones and recent developments within the United States.

  • The "Storage Chemical-Hazardous Mtrls Equip (Wholesale)" industry has a long history dating back to the early 20th century when the need for safe storage of hazardous materials became apparent. The industry has since then undergone significant changes, with the introduction of new technologies and regulations. In the United States, the industry saw a significant boost in the 1970s with the introduction of the Occupational Safety and Health Act (OSHA), which mandated the safe handling and storage of hazardous materials. Since then, the industry has continued to grow, with new advancements in technology and safety regulations. For example, the introduction of Radio Frequency Identification (RFID) technology has made it easier to track and monitor hazardous materials, while the implementation of the Globally Harmonized System of Classification and Labelling of Chemicals (GHS) has standardized the labeling of hazardous materials worldwide.

Future Outlook for Storage Chemical-Hazardous Mtrls Equip (Wholesale)

The anticipated future trajectory of the NAICS 424690-78 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 industry "Storage Chemical-Hazardous Mtrls Equip (Wholesale)" in the USA is positive. The industry is expected to grow due to the increasing demand for hazardous material storage equipment from various industries such as oil and gas, chemical, and pharmaceuticals. The growth of the chemical industry in the USA is also expected to drive the demand for hazardous material storage equipment. The increasing focus on safety regulations and environmental concerns is also expected to boost the demand for hazardous material storage equipment. The industry is expected to face challenges such as increasing competition and the availability of low-cost alternatives. However, the increasing demand for hazardous material storage equipment is expected to drive the growth of the industry in the USA.

Industry Innovations for NAICS Code 424690-78

Recent groundbreaking advancements and milestones in the Storage Chemical-Hazardous Mtrls Equip (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Hazardous Material Storage Cabinets: These cabinets are equipped with sensors that detect the presence of hazardous materials and alert the user in case of any leaks or spills. They also come with features such as automatic locking and unlocking, remote monitoring, and real-time data tracking.
  • Modular Hazardous Material Storage Buildings: These buildings are designed to provide a safe and secure storage solution for hazardous materials. They are customizable and can be easily expanded or relocated as per the requirements of the user.
  • Hazardous Material Storage Containers with Spill Containment Systems: These containers are designed to prevent spills and leaks of hazardous materials. They come with built-in spill containment systems that can contain any spills or leaks and prevent them from spreading.
  • Hazardous Material Storage Racks: These racks are designed to provide a safe and organized storage solution for hazardous materials. They come with features such as adjustable shelves, locking mechanisms, and spill containment systems.
  • Hazardous Material Storage Drums with Venting Systems: These drums are designed to store hazardous materials safely. They come with venting systems that allow for the safe release of pressure buildup inside the drum.

NAICS Code 424690-78 - Storage Chemical-Hazardous Mtrls Equip (Wholesale)

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