NAICS Code 532490-08 - Pipe-Renting

Marketing Level - NAICS 8-Digit

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NAICS CODE 532490-08
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Looking for more companies? See NAICS 532490 - Other Commercial and Industrial Machinery and Equipment Rental and Leasing - 1,303 companies, 8,051 emails.

NAICS Code 532490-08 Description (8-Digit)

Pipe-Renting is a specialized industry within the broader category of Other Commercial and Industrial Machinery and Equipment Rental and Leasing. This industry involves the renting and leasing of various types of pipes and related equipment to businesses and individuals in need of temporary or long-term piping solutions. Pipe-Renting companies typically offer a range of pipes in different sizes, materials, and configurations to meet the specific needs of their clients. These pipes may be used for a variety of purposes, including construction, oil and gas exploration, mining, and agriculture.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 532490 page

Tools

Tools commonly used in the Pipe-Renting industry for day-to-day tasks and operations.

  • Pipe cutters
  • Pipe benders
  • Pipe threaders
  • Pipe wrenches
  • Pipe vises
  • Pipe reamers
  • Pipe flaring tools
  • Pipe inspection cameras
  • Pipe freezing kits
  • Pipe tapping machines

Industry Examples of Pipe-Renting

Common products and services typical of NAICS Code 532490-08, illustrating the main business activities and contributions to the market.

  • Oil and gas drilling companies
  • Construction companies
  • Mining companies
  • Agricultural businesses
  • Municipalities
  • Plumbing contractors
  • HVAC contractors
  • Pipeline maintenance companies
  • Water treatment facilities
  • Chemical processing plants

History

A concise historical narrative of NAICS Code 532490-08 covering global milestones and recent developments within the United States.

  • The Pipe-Renting industry has a long history dating back to the early 20th century when oil and gas exploration began to take off. The industry has since grown to become a vital part of the energy sector, providing essential equipment for drilling and pipeline construction. Notable advancements in the industry include the development of more efficient and durable pipes, as well as the introduction of advanced technologies such as horizontal drilling and hydraulic fracturing. In recent years, the industry has faced challenges due to the decline in oil prices, but it has remained resilient and adaptable, continuing to provide essential services to the energy sector. In the United States, the Pipe-Renting industry has experienced significant growth in recent years, driven by the boom in shale gas and oil production. The industry has also benefited from the increasing demand for natural gas as a cleaner alternative to coal. Notable milestones in the industry include the development of new technologies such as directional drilling and the use of composite materials for pipes. Despite the challenges posed by the COVID-19 pandemic and the decline in oil prices, the industry is expected to continue to grow in the coming years, driven by the increasing demand for energy and the need for infrastructure development.