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NAICS Code 562991-04 Description (8-Digit)

The Tanks-Rental industry, a subdivision of the NAICS Code 562991, involves the rental of various types of tanks for temporary use. These tanks are typically used for storage, transportation, or containment of liquids, gases, or other materials. The industry caters to a wide range of customers, including construction companies, industrial facilities, agricultural operations, and event organizers.

Hierarchy Navigation for NAICS Code 562991-04

Tools

Tools commonly used in the Tanks-Rental industry for day-to-day tasks and operations.

  • Frac tanks
  • Roll-off containers
  • Vacuum boxes
  • Dewatering boxes
  • Acid tanks
  • Mixing tanks
  • Open-top tanks
  • Closed-top tanks
  • Poly tanks
  • Steel tanks

Industry Examples of Tanks-Rental

Common products and services typical of NAICS Code 562991-04, illustrating the main business activities and contributions to the market.

  • Oil and gas drilling operations
  • Chemical processing plants
  • Wastewater treatment facilities
  • Construction sites
  • Agricultural operations
  • Mining operations
  • Environmental remediation projects
  • Disaster relief efforts
  • Special events
  • Film and television productions

Certifications, Compliance and Licenses for NAICS Code 562991-04 - Tanks-Rental

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

  • National Association Of Wastewater Technicians (NAWT) Certification: This certification is required for professionals who install, maintain, and inspect septic systems. The certification is provided by the National Association of Wastewater Technicians (NAWT).
  • National Environmental Health Association (NEHA) Certification: This certification is required for professionals who work in the environmental health field. The certification is provided by the National Environmental Health Association (NEHA).
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for professionals who work in hazardous environments. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • Commercial Driver's License (CDL): This license is required for professionals who operate commercial vehicles. The license is provided by the Department of Transportation (DOT).
  • Environmental Protection Agency (EPA) Certification: This certification is required for professionals who work with refrigerants. The certification is provided by the Environmental Protection Agency (EPA).

History

A concise historical narrative of NAICS Code 562991-04 covering global milestones and recent developments within the United States.

  • The "Tanks-Rental" industry has been around for decades, with the first rental companies appearing in the mid-20th century. The industry has seen significant growth due to the increasing demand for temporary storage solutions in various sectors, including construction, agriculture, and oil and gas. Notable advancements in the industry include the development of more durable and efficient tanks, as well as the integration of technology to improve tracking and maintenance. In recent years, the industry has also seen a shift towards more sustainable practices, with companies offering eco-friendly tank options and implementing green initiatives. In the United States, the "Tanks-Rental" industry has experienced steady growth in the past decade, with an increasing number of companies entering the market. This growth can be attributed to the rise in construction and infrastructure projects, as well as the growing need for temporary storage solutions in disaster relief efforts. The industry has also seen advancements in technology, with the integration of IoT devices to monitor tank levels and improve maintenance. Additionally, there has been a push towards more sustainable practices, with companies offering eco-friendly tank options and implementing green initiatives to reduce their carbon footprint.

Future Outlook for Tanks-Rental

The anticipated future trajectory of the NAICS 562991-04 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 Tanks-Rental industry in the USA is positive. The industry is expected to grow due to the increasing demand for rental tanks in various sectors such as construction, agriculture, and oil and gas. The growth of the construction industry is expected to drive the demand for rental tanks as they are used for storing water, fuel, and other liquids. The increasing demand for rental tanks in the agriculture sector is due to the need for storing fertilizers, pesticides, and other chemicals. The oil and gas industry is also expected to drive the growth of the Tanks-Rental industry as tanks are used for storing crude oil, natural gas, and other petroleum products. The industry is also expected to benefit from the increasing focus on environmental regulations and the need for proper waste management.

Industry Innovations for NAICS Code 562991-04

Recent groundbreaking advancements and milestones in the Tanks-Rental industry, reflecting notable innovations that have reshaped its landscape.

  • Mobile Tank Monitoring Systems: These systems allow rental tank companies to remotely monitor the level of liquid in their tanks, reducing the need for manual inspections and improving efficiency.
  • Smart Tanks: These tanks are equipped with sensors that can detect leaks, temperature changes, and other issues, allowing for quick detection and resolution of problems.
  • Biodegradable Tanks: These tanks are made from biodegradable materials and can be used for storing liquids that are not harmful to the environment.
  • Tank Cleaning Services: Some rental tank companies now offer tank cleaning services, which can help to extend the life of the tanks and improve their performance.
  • Tank Customization: Rental tank companies are now offering customized tanks that are designed to meet the specific needs of their customers. This can include tanks with specialized fittings, coatings, and other features.

NAICS Code 562991-04 - Tanks-Rental

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