NAICS Code 326299-08 - Latex Products (Manufacturing)
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NAICS Code 326299-08 Description (8-Digit)
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Tools
Tools commonly used in the Latex Products (Manufacturing) industry for day-to-day tasks and operations.
- Latex dipping machines
- Vulcanizing machines
- Latex foam machines
- Latex mixing tanks
- Latex coagulation tanks
- Latex centrifuges
- Latex drying ovens
- Latex cutting machines
- Latex washing machines
- Latex testing equipment
Industry Examples of Latex Products (Manufacturing)
Common products and services typical of NAICS Code 326299-08, illustrating the main business activities and contributions to the market.
- Latex gloves
- Balloons
- Rubber bands
- Latex mattresses
- Latex pillows
- Latex foam cushions
- Latex clothing
- Latex prosthetics
- Latex tubing
- Latex condoms
Certifications, Compliance and Licenses for NAICS Code 326299-08 - Latex Products (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001: Quality management system certification that ensures the company meets customer and regulatory requirements. Provided by the International Organization for Standardization (ISO).
- ISO 14001: Environmental management system certification that ensures the company meets environmental regulations and reduces its environmental impact. Provided by the International Organization for Standardization (ISO).
- OSHA 29 CFR 1910.1200: Hazard Communication Standard certification that ensures the company properly labels and communicates hazardous chemicals in the workplace. Provided by the Occupational Safety and Health Administration (OSHA).
- FDA 21 CFR 177.2600: Food and Drug Administration (FDA) certification that ensures the company's latex products are safe for use in food contact applications.
- ASTM D1076: Standard specification for rubber—concentrated, ammoniated, natural latex. Provided by the American Society for Testing and Materials (ASTM).
History
A concise historical narrative of NAICS Code 326299-08 covering global milestones and recent developments within the United States.
- The Latex Products Manufacturing industry has a long history dating back to the early 1800s when the first rubber factory was established in the United States. The industry has since grown and evolved, with notable advancements such as the invention of latex gloves in the 1890s and the development of synthetic latex in the 1930s. In recent years, the industry has faced challenges such as increased competition from synthetic materials and fluctuations in the price of natural rubber. However, it has also seen growth in demand for latex products in various sectors such as healthcare, automotive, and construction. In the United States, the industry has experienced significant growth in the past decade, driven by increasing demand for latex products in the healthcare sector. The COVID-19 pandemic has further accelerated this growth, with a surge in demand for latex gloves and other personal protective equipment. The industry has also seen advancements in technology, such as the development of biodegradable latex products and the use of automation in manufacturing processes. Overall, the Latex Products Manufacturing industry has a rich history and continues to evolve in response to changing market demands and technological advancements.
Future Outlook for Latex Products (Manufacturing)
The anticipated future trajectory of the NAICS 326299-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Latex Products (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for latex products in various sectors such as healthcare, automotive, and construction. The growing awareness about the benefits of latex products, such as their durability, flexibility, and resistance to heat and chemicals, is also expected to drive the growth of the industry. Additionally, the increasing use of latex products in the production of medical gloves, condoms, and other medical devices is expected to boost the demand for latex products. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from synthetic rubber products. Overall, the Latex Products (Manufacturing) industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 326299-08
Recent groundbreaking advancements and milestones in the Latex Products (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Development Of Biodegradable Latex Products: The industry has been focusing on developing biodegradable latex products to reduce the environmental impact of latex waste. Biodegradable latex products such as gloves, condoms, and balloons are made from natural latex and can decompose naturally without causing harm to the environment.
- Use Of Latex In 3D Printing: The industry has been exploring the use of latex in 3D printing to create complex and flexible structures. Latex has unique properties such as elasticity and flexibility, which make it an ideal material for 3D printing applications.
- Development Of Latex Foam: The industry has been developing latex foam, which is used in various applications such as mattresses, pillows, and cushions. Latex foam is known for its durability, comfort, and support, and is an eco-friendly alternative to synthetic foam.
- Use Of Latex In Automotive Industry: Latex is being increasingly used in the automotive industry for the production of various components such as seals, gaskets, and hoses. Latex products are preferred over synthetic rubber products due to their superior performance in terms of durability, flexibility, and resistance to heat and chemicals.
- Development Of Latex-Based Adhesives: The industry has been developing latex-based adhesives, which are used in various applications such as woodworking, paper and packaging, and construction. Latex-based adhesives are eco-friendly and offer superior bonding strength compared to synthetic adhesives.
NAICS Code 326299-08 - Latex Products (Manufacturing)
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