NAICS Code 332216-11 - Diamond Tools (Manufacturing)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 332216-11 Description (8-Digit)

Diamond Tools Manufacturing involves the production of cutting and grinding tools that are made with diamond grains. These tools are used in various industries such as construction, mining, and manufacturing. Diamond tools are known for their durability and precision, making them a popular choice for professionals who require high-quality tools for their work.

Hierarchy Navigation for NAICS Code 332216-11

Tools

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

  • Diamond saw blades
  • Diamond drill bits
  • Diamond grinding wheels
  • Diamond wire saws
  • Diamond polishing pads
  • Diamond core bits
  • Diamond cup wheels
  • Diamond router bits
  • Diamond hand pads
  • Diamond files

Industry Examples of Diamond Tools (Manufacturing)

Common products and services typical of NAICS Code 332216-11, illustrating the main business activities and contributions to the market.

  • Construction equipment manufacturers
  • Mining equipment manufacturers
  • Stone cutting and polishing companies
  • Aerospace manufacturing companies
  • Automotive manufacturing companies
  • Electronics manufacturing companies
  • Glass manufacturing companies
  • Jewelry manufacturing companies
  • Oil and gas drilling companies
  • Semiconductor manufacturing companies

Certifications, Compliance and Licenses for NAICS Code 332216-11 - Diamond Tools (Manufacturing)

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

  • ISO 9001: 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).
  • OSHA 30-Hour General Industry Training: This training program provides workers with information on how to identify, prevent, and respond to workplace hazards. It is provided by the Occupational Safety and Health Administration (OSHA).
  • ANSI B7.1: This standard provides safety requirements for the use, care, and protection of abrasive wheels. It is provided by the American National Standards Institute (ANSI).
  • UL Certification: This certification ensures that the product has been tested and meets safety standards set by Underwriters Laboratories (UL).
  • EPA Lead Renovation, Repair and Painting (RRP) Program: This program ensures that workers are trained in lead-safe work practices when working in homes and child-occupied facilities built before 1978. It is provided by the Environmental Protection Agency (EPA).

History

A concise historical narrative of NAICS Code 332216-11 covering global milestones and recent developments within the United States.

  • The history of the Diamond Tools (Manufacturing) industry dates back to the 1950s when synthetic diamonds were first produced. The first diamond tools were used for cutting and polishing gemstones. In the 1960s, the use of diamond tools expanded to the construction industry, where they were used for cutting concrete and asphalt. In the 1970s, the development of new manufacturing techniques led to the production of diamond tools that were more durable and efficient. In recent years, the industry has seen significant growth due to the increasing demand for diamond tools in the automotive, aerospace, and electronics industries. In the United States, the Diamond Tools (Manufacturing) industry has a relatively short history. The industry began to develop in the 1980s when diamond tools were first used in the construction industry. In the 1990s, the industry expanded to include the production of diamond tools for the automotive and aerospace industries. In recent years, the industry has seen steady growth due to the increasing demand for diamond tools in the electronics industry. The United States is one of the largest producers of diamond tools in the world, with many of the leading manufacturers located in the country.

Future Outlook for Diamond Tools (Manufacturing)

The anticipated future trajectory of the NAICS 332216-11 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Diamond Tools (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for diamond tools in various applications such as construction, automotive, and aerospace. The growth in the construction industry, especially in developing countries, is expected to drive the demand for diamond tools. Additionally, the increasing demand for electric vehicles is expected to drive the demand for diamond tools used in the manufacturing of electric vehicle components. The industry is also expected to benefit from the increasing adoption of automation and robotics in the manufacturing process, which will improve efficiency and reduce costs.

Industry Innovations for NAICS Code 332216-11

Recent groundbreaking advancements and milestones in the Diamond Tools (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Development Of Diamond Tools with Longer Lifespan: Manufacturers are developing diamond tools with longer lifespan, which reduces the need for frequent replacements and improves efficiency.
  • Use Of Nanotechnology In Diamond Tool Manufacturing: Nanotechnology is being used to improve the performance of diamond tools by enhancing their strength and durability.
  • Development Of Diamond Tools for Specific Applications: Manufacturers are developing diamond tools for specific applications such as cutting and drilling in the aerospace and automotive industries.
  • Use Of 3D Printing In Diamond Tool Manufacturing: 3D printing is being used to manufacture diamond tools with complex geometries, which were previously difficult to produce.
  • Development Of Diamond Tools with Improved Safety Features: Manufacturers are developing diamond tools with improved safety features such as dust collection systems and noise reduction technology.

NAICS Code 332216-11 - Diamond Tools (Manufacturing)

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