SIC Code 5169-20 - Oxygen (Wholesale)

The Oxygen (Wholesale) industry involves the distribution of oxygen gas in bulk quantities to various industries and businesses. Oxygen is a colorless, odorless gas that is essential for many industrial processes, medical treatments, and scientific research. Companies in this industry typically purchase oxygen from manufacturers and then distribute it to customers in various industries, including healthcare, welding, metal fabrication, and chemical production. The Oxygen (Wholesale) industry is highly regulated due to the potential hazards associated with the handling and transportation of compressed gases. Companies in this industry must comply with strict safety standards and regulations to ensure the safe handling and distribution of oxygen. The demand for oxygen is driven by various factors, including the growth of the healthcare industry, the expansion of the manufacturing sector, and the increasing demand for clean energy. As a result, the Oxygen (Wholesale) industry is expected to experience steady growth in the coming years. Companies in this industry typically offer a range of services, including the delivery of oxygen to customer sites, the installation and maintenance of oxygen storage and distribution systems, and the provision of technical support and training to customers. Overall, the Oxygen (Wholesale) industry plays a critical role in supporting a wide range of industries and businesses by providing a reliable source of oxygen gas for various applications.