NAICS Code 331529-08 - Foundries-Titanium (Manufacturing)

Marketing Level - NAICS 8-Digit

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Business Addresses: 2
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NAICS CODE 331529-08
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NAICS Code 331529-08 Description (8-Digit)

Foundries-Titanium (Manufacturing) is a specialized industry that involves the production of titanium castings through the process of melting and pouring titanium into molds. This industry is a subdivision of Other Nonferrous Metal Foundries (except Die-Casting) (Manufacturing) under NAICS Code 331529. Titanium is a highly durable and lightweight metal that is used in a range of industries, including aerospace, medical, and military.

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 331529 page

Tools

Tools commonly used in the Foundries-Titanium (Manufacturing) industry for day-to-day tasks and operations.

  • Induction furnaces
  • Crucibles
  • Ladles
  • Molds
  • Wax patterns
  • Ceramic shells
  • Sandblasters
  • Grinders
  • Shot blasters
  • Ultrasonic cleaners

Industry Examples of Foundries-Titanium (Manufacturing)

Common products and services typical of NAICS Code 331529-08, illustrating the main business activities and contributions to the market.

  • Aerospace components
  • Medical implants
  • Military equipment
  • Marine hardware
  • Sporting goods
  • Automotive parts
  • Chemical processing equipment
  • Power generation components
  • Oil and gas equipment
  • Architectural features

History

A concise historical narrative of NAICS Code 331529-08 covering global milestones and recent developments within the United States.

  • The "Foundries-Titanium (Manufacturing)" industry has a relatively short history, with the first titanium foundry established in the United States in the 1950s. Since then, the industry has grown significantly, with notable advancements in the 1970s when the first commercial production of titanium castings began. In the 1990s, the industry saw a surge in demand due to the increasing use of titanium in aerospace and defense applications. In recent years, the industry has continued to grow, with advancements in technology and production methods leading to increased efficiency and cost-effectiveness. In the United States, the "Foundries-Titanium (Manufacturing)" industry has seen significant growth in recent years, with a focus on expanding production capabilities and increasing efficiency. In 2019, the industry generated over $1 billion in revenue, with a steady increase in demand from the aerospace and defense sectors. Notable advancements in the industry include the development of new alloys and production methods, as well as increased automation and digitization of production processes. Overall, the industry is poised for continued growth in the coming years, driven by increasing demand for lightweight, high-strength materials in a variety of applications.