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NAICS Code 459510-44 Description (8-Digit)

Valves-Used (Retail) is a subdivision of the Used Merchandise Retailers industry that specializes in the retail of previously owned valves. This industry involves the buying and selling of valves that have been previously used in various applications. Valves are mechanical devices that control the flow of fluids or gases through pipes and other channels. The valves sold in this industry are typically used in industrial applications, such as oil and gas, chemical processing, and power generation.

Hierarchy Navigation for NAICS Code 459510-44

Parent Code (less specific)

Tools

Tools commonly used in the Valves-Used (Retail) industry for day-to-day tasks and operations.

  • Valve wrenches
  • Pipe cutters
  • Flaring tools
  • Pipe threaders
  • Pipe benders
  • Pipe reamers
  • Pipe vises
  • Pipe hangers
  • Pipe clamps
  • Pipe sealants

Industry Examples of Valves-Used (Retail)

Common products and services typical of NAICS Code 459510-44, illustrating the main business activities and contributions to the market.

  • Industrial valves
  • Control valves
  • Gate valves
  • Globe valves
  • Ball valves
  • Butterfly valves
  • Check valves
  • Diaphragm valves
  • Pressure relief valves
  • Solenoid valves

Certifications, Compliance and Licenses for NAICS Code 459510-44 - Valves-Used (Retail)

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

  • National Board Inspection Code (NBIC): The NBIC provides standards for the installation, inspection, and repair of boilers and pressure vessels. This certification is required for those who work with used valves that are part of a larger system that includes boilers or pressure vessels.
  • Occupational Safety and Health Administration (OSHA) Hazard Communication Standard: This standard requires employers to provide information and training to employees about hazardous chemicals in the workplace. Used valves may contain hazardous materials, so employees who work with them must be trained on how to handle them safely.
  • Environmental Protection Agency (EPA) Resource Conservation and Recovery Act (RCRA): The RCRA regulates the management of hazardous waste from cradle to grave. Used valves may contain hazardous materials, so retailers must comply with the RCRA when disposing of them.
  • National Fire Protection Association (NFPA) 58: Liquefied Petroleum Gas Code: This code provides safety requirements for the storage, handling, and use of propane. Used valves may be used in propane systems, so retailers must comply with this code to ensure the safety of their employees and customers.
  • International Organization for Standardization (ISO) 9001:2015: This standard provides requirements for a quality management system. Retailers who want to demonstrate their commitment to quality may seek this certification.

History

A concise historical narrative of NAICS Code 459510-44 covering global milestones and recent developments within the United States.

  • The valves-used (retail) industry has been around for many years, with the first recorded use of valves dating back to ancient Greece. The first modern valve was invented in the 19th century, and since then, the industry has grown significantly. In the United States, the industry has seen a surge in demand in recent years due to the increasing need for sustainable and cost-effective solutions. The industry has also seen advancements in technology, with the development of smart valves that can be remotely controlled and monitored. Overall, the valves-used (retail) industry has a rich history and continues to evolve with the changing needs of consumers.

Future Outlook for Valves-Used (Retail)

The anticipated future trajectory of the NAICS 459510-44 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 Valves-Used (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for used valves in various end-use industries such as oil and gas, chemical, and power generation. The growth of the industry is also attributed to the increasing awareness among consumers about the benefits of using used valves, such as cost savings and reduced environmental impact. Additionally, the rise of e-commerce platforms has made it easier for consumers to purchase used valves online, which is expected to further boost the growth of the industry.

Industry Innovations for NAICS Code 459510-44

Recent groundbreaking advancements and milestones in the Valves-Used (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Online Marketplaces: The rise of online marketplaces such as eBay and Amazon has made it easier for consumers to purchase used valves online, which has increased the accessibility of the industry.
  • Refurbished Valves: Some companies in the industry are now offering refurbished valves, which are valves that have been restored to their original condition. This has increased the quality of the products offered by the industry.
  • Environmental Initiatives: Some companies in the industry are now focusing on environmental initiatives, such as recycling and reducing waste, which has increased the sustainability of the industry.
  • Technological Advancements: The industry is benefiting from technological advancements such as automation and the Internet of Things (IoT), which has increased efficiency and reduced costs.
  • Increased Demand: The industry is experiencing increased demand due to the growing awareness among consumers about the benefits of using used valves, such as cost savings and reduced environmental impact.

NAICS Code 459510-44 - Valves-Used (Retail)

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