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NAICS Code 212323-02 Description (8-Digit)

Bentonite is a type of clay that is primarily composed of the mineral montmorillonite. It is commonly used in a variety of industries due to its unique properties, including its ability to absorb water and expand in volume. Bentonite is typically found in deposits near volcanic ash and is mined using open-pit methods.

Hierarchy Navigation for NAICS Code 212323-02

Tools

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

  • Excavators
  • Bulldozers
  • Dump trucks
  • Front-end loaders
  • Drilling equipment
  • Blasting equipment
  • Crushing and grinding equipment
  • Conveyors
  • Screening equipment
  • Settling tanks

Industry Examples of Bentonite

Common products and services typical of NAICS Code 212323-02, illustrating the main business activities and contributions to the market.

  • Drilling fluids
  • Foundry sand
  • Iron ore pelletizing
  • Animal feed
  • Environmental remediation
  • Civil engineering
  • Geosynthetic clay liners
  • Papermaking
  • Cosmetics
  • Pharmaceuticals

Certifications, Compliance and Licenses for NAICS Code 212323-02 - Bentonite

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

  • Mine Safety and Health Administration (MSHA) Certification: Required for all miners and contractors working in mines to ensure safe and healthy working conditions. Provided by the US Department of Labor.
  • Occupational Safety and Health Administration (OSHA) Certification: Required for all workers to ensure safe and healthy working conditions. Provided by the US Department of Labor.
  • Environmental Protection Agency (EPA) Permit: Required for all facilities that discharge pollutants into the environment. Provided by the US Environmental Protection Agency.
  • National Industrial Sand Association (NISA) Certification: Provides guidelines for the safe and responsible mining of industrial sand. Provided by the National Industrial Sand Association.
  • International Organization for Standardization (ISO) Certification: Provides guidelines for quality management systems and ensures that products and services meet customer and regulatory requirements. Provided by the International Organization for Standardization.

History

A concise historical narrative of NAICS Code 212323-02 covering global milestones and recent developments within the United States.

  • Bentonite is a type of clay that has been used for centuries for various purposes. The first recorded use of bentonite dates back to ancient Mesopotamia, where it was used to seal irrigation canals. In the 19th century, bentonite was used in the United States to help drillers remove mud and debris from oil wells. During World War II, bentonite was used to purify water for soldiers in the field. In recent years, bentonite has been used in a variety of industries, including construction, agriculture, and cosmetics.

Future Outlook for Bentonite

The anticipated future trajectory of the NAICS 212323-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Bentonite industry in the USA is expected to experience steady growth in the coming years. The increasing demand for bentonite in various industries such as construction, oil and gas, and pharmaceuticals is expected to drive the growth of the industry. The growing awareness about the benefits of bentonite in wastewater treatment and the increasing use of bentonite in the cosmetics industry are also expected to contribute to the growth of the industry. However, the industry may face challenges due to the availability of substitutes and the fluctuating prices of raw materials. Overall, the future outlook for the Bentonite industry in the USA is positive.

Industry Innovations for NAICS Code 212323-02

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

  • Development Of New Bentonite-Based Products: Companies in the Bentonite industry are investing in research and development to create new bentonite-based products. For instance, in 2020, a company launched a new bentonite-based product for use in the cosmetics industry.
  • Use Of Bentonite In Wastewater Treatment: The use of bentonite in wastewater treatment is gaining popularity due to its ability to remove impurities and contaminants from water. In 2019, a company developed a new bentonite-based product for use in wastewater treatment.
  • Increasing Use Of Bentonite In the Pharmaceutical Industry: Bentonite is used in the pharmaceutical industry as an excipient in tablets and capsules. The increasing demand for pharmaceuticals is expected to drive the growth of the Bentonite industry.
  • Growing Demand for Bentonite In the Oil and Gas Industry: Bentonite is used in the oil and gas industry for drilling fluids and cementing. The increasing demand for oil and gas is expected to drive the growth of the Bentonite industry.
  • Use Of Bentonite In Geosynthetic Clay Liners: Bentonite is used in geosynthetic clay liners for landfill liners, mining, and other applications. The increasing demand for geosynthetic clay liners is expected to drive the growth of the Bentonite industry.

NAICS Code 212323-02 - Bentonite

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