NAICS Code 424910-25 - Phosphates (Wholesale)Marketing Level - NAICS 8-Digit
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NAICS Code 424910-25 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424910-25
Parent Code (less specific)
Tools commonly used in the Phosphates (Wholesale) industry for day-to-day tasks and operations.
- Phosphate analyzers
- PH meters
- Titration equipment
- Bagging machines
Industry Examples of Phosphates (Wholesale)
Common products and services typical of NAICS Code 424910-25, illustrating the main business activities and contributions to the market.
- Fertilizer production
- Animal feed production
- Food additive production
- Water treatment
- Metal finishing
- Detergent production
- Pharmaceutical manufacturing
- Chemical manufacturing
- Oil and gas production
Certifications, Compliance and Licenses for NAICS Code 424910-25 - Phosphates (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Hazardous Materials Transportation License: This license is required for companies that transport hazardous materials, including phosphates, in the US. It is issued by the Federal Motor Carrier Safety Administration (FMCSA) and ensures that the company complies with all safety regulations related to the transportation of hazardous materials.
- Environmental Protection Agency (EPA) Certification: Companies that handle, store, or transport phosphates must comply with EPA regulations. The EPA offers certification programs for various activities related to environmental protection, such as hazardous waste management, spill prevention, and emergency response.
- Occupational Safety and Health Administration (OSHA) Certification: Companies that handle, store, or transport phosphates must comply with OSHA regulations related to workplace safety. OSHA offers certification programs for various activities related to workplace safety, such as hazardous materials handling, emergency response, and personal protective equipment.
- National Association Of Chemical Distributors (NACD) Responsible Distribution Certification: This certification program is designed for companies that distribute chemicals, including phosphates, in the US. It ensures that the company complies with all safety, health, and environmental regulations related to the distribution of chemicals.
- International Organization for Standardization (ISO) 9001 Certification: This certification program is designed for companies that want to demonstrate their commitment to quality management. It ensures that the company has a quality management system in place that meets international standards.
A concise historical narrative of NAICS Code 424910-25 covering global milestones and recent developments within the United States.
- The "Phosphates (Wholesale)" industry has a long history dating back to the 19th century when the first large-scale mining of phosphate rock began in the United States. The industry grew rapidly in the early 20th century, driven by the increasing demand for fertilizers in agriculture. During World War II, the industry experienced a significant boost as the government needed large quantities of phosphates for the production of munitions. In the post-war period, the industry continued to expand, driven by the growing demand for fertilizers in developing countries. In recent years, the industry has faced challenges due to the declining demand for fertilizers in some regions, as well as increased competition from alternative sources of nutrients. In the United States, the "Phosphates (Wholesale)" industry has a more recent history, with significant growth occurring in the mid-20th century. The industry benefited from the post-war economic boom and the increasing demand for fertilizers in agriculture. In the 1970s, the industry faced challenges due to the oil crisis, which led to a decline in demand for fertilizers. However, the industry recovered in the 1980s and 1990s, driven by the growing demand for fertilizers in developing countries. In recent years, the industry has faced challenges due to the declining demand for fertilizers in some regions, as well as increased competition from alternative sources of nutrients.
Future Outlook for Phosphates (Wholesale)
The anticipated future trajectory of the NAICS 424910-25 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
Growth Prediction: StableThe future outlook for the Phosphates (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for fertilizers in the agriculture sector. The growing population and the need for food security are driving the demand for fertilizers, which in turn is driving the demand for phosphates. Additionally, the increasing use of biofuels is also expected to drive the demand for phosphates as they are used in the production of biofuels. However, the industry may face challenges due to the increasing environmental concerns and regulations related to the use of fertilizers. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 424910-25
Recent groundbreaking advancements and milestones in the Phosphates (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- The use of nanotechnology in the production of phosphates is a recent innovation in the industry. Nanotechnology is being used to improve the efficiency of fertilizers and reduce their environmental impact.
- The development of slow-release fertilizers is another recent innovation in the industry. These fertilizers release nutrients slowly over time, reducing the need for frequent applications and minimizing the risk of nutrient runoff.
- The use of precision agriculture techniques is also driving innovation in the industry. Precision agriculture uses data and technology to optimize crop yields and reduce the use of fertilizers and other inputs.
- The development of phosphate recycling technologies is another recent innovation in the industry. These technologies allow for the recovery of phosphates from waste streams, reducing the need for new phosphate mining and reducing the environmental impact of the industry.
- The increasing use of organic and sustainable fertilizers is also driving innovation in the industry. These fertilizers are made from natural materials and are less harmful to the environment than traditional fertilizers.
NAICS Code 424910-25 - Phosphates (Wholesale)
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