NAICS Code 332216-21 - Milling Cutters (Manufacturing)
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NAICS Code 332216-21 Description (8-Digit)
Hierarchy Navigation for NAICS Code 332216-21
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Tools
Tools commonly used in the Milling Cutters (Manufacturing) industry for day-to-day tasks and operations.
- End mills
- Face mills
- Slot drills
- Ball nose cutters
- T-slot cutters
- Woodruff cutters
- Dovetail cutters
- Shell mills
- Fly cutters
- Chamfer mills
- Thread mills
- Reamers
- Countersinks
- Counterbores
- Spot drills
- Center drills
- Drill mills
- Keyseat cutters
- Slitting saws
Industry Examples of Milling Cutters (Manufacturing)
Common products and services typical of NAICS Code 332216-21, illustrating the main business activities and contributions to the market.
- Automotive parts manufacturing
- Aerospace parts manufacturing
- Metalworking
- Mold making
- Tool and die making
- Precision machining
- Prototyping
- Fabrication
- Engineering
- Industrial manufacturing
Certifications, Compliance and Licenses for NAICS Code 332216-21 - Milling Cutters (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).
- ANSI B94.19: This certification is specific to milling cutters and ensures that the product meets American National Standards Institute (ANSI) standards.
- NQA-1: This certification is required for companies that manufacture milling cutters for nuclear power plants. It ensures that the company meets the quality assurance requirements set by the Nuclear Regulatory Commission (NRC).
- OSHA 1910.147: This certification is required for companies that manufacture milling cutters and ensures that the company has a lockout/tagout program in place to prevent accidental startup of machinery during maintenance or repair. It is provided by the Occupational Safety and Health Administration (OSHA).
- UL Listing: This certification is required for companies that manufacture milling cutters that are electrically powered and ensures that the product meets safety standards set by Underwriters Laboratories (UL).
History
A concise historical narrative of NAICS Code 332216-21 covering global milestones and recent developments within the United States.
- The milling cutter industry has a long history dating back to the early 19th century when the first milling machine was invented. The first milling cutters were made of high-speed steel and were used to cut metal. In the 20th century, the industry saw significant advancements with the introduction of carbide and diamond-tipped cutters, which increased the efficiency and precision of milling machines. In recent years, the industry has continued to evolve with the development of computer numerical control (CNC) machines, which have revolutionized the manufacturing process by allowing for greater automation and accuracy. In the United States, the industry has seen steady growth over the past decade, driven by increased demand from the aerospace, automotive, and defense industries.
Future Outlook for Milling Cutters (Manufacturing)
The anticipated future trajectory of the NAICS 332216-21 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
According to a report by IBISWorld, the Milling Cutters (Manufacturing) industry in the USA is expected to experience moderate growth in the next five years. The industry is expected to benefit from the growth in the manufacturing sector, which will increase demand for milling cutters. Additionally, the industry is expected to benefit from the increasing demand for high-performance milling cutters, which are used in the aerospace and defense industries. However, the industry is expected to face challenges from the increasing competition from imports and the rising cost of raw materials. Overall, the industry is expected to grow at a moderate pace in the next five years.
Industry Innovations for NAICS Code 332216-21
Recent groundbreaking advancements and milestones in the Milling Cutters (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- In 2019, Sandvik Coromant introduced a new line of milling cutters that are designed to improve productivity and reduce costs for manufacturers. The milling cutters feature a new coating that reduces friction and improves chip evacuation, resulting in faster cutting speeds and longer tool life.
- In 2020, Kennametal introduced a new line of milling cutters that are designed to improve the performance of titanium and other difficult-to-machine materials. The milling cutters feature a new geometry that reduces cutting forces and improves chip evacuation, resulting in faster cutting speeds and longer tool life.
- In 2021, Iscar introduced a new line of milling cutters that are designed to improve the performance of aluminum and other non-ferrous materials. The milling cutters feature a new geometry that reduces cutting forces and improves chip evacuation, resulting in faster cutting speeds and longer tool life.
- In 2021, Seco Tools introduced a new line of milling cutters that are designed to improve the performance of stainless steel and other difficult-to-machine materials. The milling cutters feature a new coating that reduces friction and improves chip evacuation, resulting in faster cutting speeds and longer tool life.
- In 2021, Walter introduced a new line of milling cutters that are designed to improve the performance of cast iron and other ferrous materials. The milling cutters feature a new geometry that reduces cutting forces and improves chip evacuation, resulting in faster cutting speeds and longer tool life.
NAICS Code 332216-21 - Milling Cutters (Manufacturing)
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