NAICS Code 332112-01 - Nonferrous Forgings (Manufacturing)
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NAICS Code 332112-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 332112-01
Parent Code (less specific)
Tools
Tools commonly used in the Nonferrous Forgings (Manufacturing) industry for day-to-day tasks and operations.
- Forging hammers
- Forging presses
- Die blocks
- Tongs
- Chisels
- Punches
- Swages
- Flatters
- Fullers
- Hardy tools
- Mandrels
- Anvils
- Forge furnaces
- Quench tanks
- Heat treating ovens
- Shot blasting machines
- Grinding machines
- Inspection equipment
- CNC machines
Industry Examples of Nonferrous Forgings (Manufacturing)
Common products and services typical of NAICS Code 332112-01, illustrating the main business activities and contributions to the market.
- Aerospace components
- Automotive parts
- Construction hardware
- Marine fittings
- Medical equipment
- Oil and gas components
- Power generation equipment
- Railway components
- Sporting goods
- Tools and hardware
Certifications, Compliance and Licenses for NAICS Code 332112-01 - Nonferrous Forgings (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001:2015 Quality Management System: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
- AS9100D Aerospace Quality Management System: This certification is specific to the aerospace industry and ensures that the company has a quality management system in place that meets industry-specific requirements. It is provided by the International Aerospace Quality Group (IAQG).
- NADCAP Nondestructive Testing: This certification is specific to the aerospace industry and ensures that the company has the necessary nondestructive testing capabilities to meet industry-specific requirements. It is provided by the Performance Review Institute (PRI).
- ITAR Registration: This registration is required for companies that manufacture defense articles or provide defense services. It is provided by the US Department of State.
- Rohs Compliance: This compliance ensures that the company's products do not contain restricted hazardous substances. It is required for companies that sell products in the European Union.
History
A concise historical narrative of NAICS Code 332112-01 covering global milestones and recent developments within the United States.
- The Nonferrous Forgings (Manufacturing) industry has a long history dating back to ancient times when copper and bronze were used to create tools and weapons. The industry has since evolved with the introduction of new materials and technologies. In the United States, the industry experienced significant growth during World War II due to the high demand for nonferrous forgings in the defense industry. In recent years, the industry has faced challenges due to increased competition from foreign manufacturers and the rise of substitute products such as plastics and composites. However, the industry has also seen advancements in technology, such as the use of computer-aided design and simulation software, which have improved the efficiency and precision of the forging process.
Future Outlook for Nonferrous Forgings (Manufacturing)
The anticipated future trajectory of the NAICS 332112-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The Nonferrous Forgings (Manufacturing) industry in the USA is expected to experience steady growth in the coming years. The industry is projected to benefit from the increasing demand for lightweight and fuel-efficient vehicles, which require nonferrous forgings for their production. Additionally, the growing demand for renewable energy sources is expected to drive the demand for nonferrous forgings used in wind turbines and solar panels. However, the industry may face challenges due to the increasing competition from foreign manufacturers and the volatility of metal prices. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for nonferrous forgings in various end-use industries.
Industry Innovations for NAICS Code 332112-01
Recent groundbreaking advancements and milestones in the Nonferrous Forgings (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Development Of New Forging Techniques: The industry has witnessed the development of new forging techniques that allow for the production of complex shapes and designs. These techniques have enabled manufacturers to produce forgings with improved strength and durability, which are in high demand in various end-use industries.
- Use Of Advanced Materials: The industry has also seen the use of advanced materials such as titanium and aluminum alloys, which offer superior strength and durability compared to traditional materials. These materials are increasingly being used in the production of forgings for aerospace and defense applications.
- Adoption Of Automation: The industry has started to adopt automation in its production processes, which has led to increased efficiency and reduced labor costs. Automation has also enabled manufacturers to produce forgings with greater precision and accuracy.
- Expansion Of Production Capacity: Many manufacturers in the industry have expanded their production capacity to meet the growing demand for nonferrous forgings. This expansion has enabled them to cater to a wider range of customers and increase their market share.
- Focus on Sustainability: The industry has started to focus on sustainability by adopting eco-friendly production processes and using recycled materials. This has helped manufacturers to reduce their carbon footprint and meet the growing demand for sustainable products.
NAICS Code 332112-01 - Nonferrous Forgings (Manufacturing)
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