NAICS Code 332722-02 - Bolts Nuts Screws Rivets/Washers (Manufacturing)

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NAICS Code 332722-02 Description (8-Digit)

The Bolts Nuts Screws Rivets/Washers (Manufacturing) industry involves the production of a wide range of fasteners such as bolts, nuts, screws, rivets, and washers. These fasteners are used in a variety of applications across different industries such as construction, automotive, aerospace, and electronics. The industry is characterized by the use of various materials such as steel, aluminum, brass, and titanium, among others, to produce fasteners of different sizes and shapes.

Hierarchy Navigation for NAICS Code 332722-02

Tools

Tools commonly used in the Bolts Nuts Screws Rivets/Washers (Manufacturing) industry for day-to-day tasks and operations.

  • Bolt cutters
  • Die grinder
  • Drill press
  • Hex key wrenches
  • Impact wrench
  • Lathe
  • Milling machine
  • Screwdriver set
  • Tap and die set
  • Torque wrench

Industry Examples of Bolts Nuts Screws Rivets/Washers (Manufacturing)

Common products and services typical of NAICS Code 332722-02, illustrating the main business activities and contributions to the market.

  • Automotive fasteners
  • Construction fasteners
  • Aerospace fasteners
  • Electronics fasteners
  • Marine fasteners
  • Railway fasteners
  • Agricultural fasteners
  • Mining fasteners
  • Oil and gas fasteners
  • Power generation fasteners

Certifications, Compliance and Licenses for NAICS Code 332722-02 - Bolts Nuts Screws Rivets/Washers (Manufacturing)

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

  • ISO 9001:2015: 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).
  • AS9100: This certification is specific to the aerospace industry and ensures that the company has a quality management system in place that meets aerospace industry standards. It is provided by the International Aerospace Quality Group (IAQG).
  • ASTM F606: This specification covers the testing requirements for bolts, screws, studs, and other externally threaded fasteners. It is provided by ASTM International.
  • MIL-DTL-18240: This specification covers the requirements for bolts, screws, studs, and nuts made from a corrosion-resistant steel of the type identified under the Unified Numbering System as UNS S30400, S30403, S31600, or S31603. It is provided by the US Department of Defense.
  • Rohs: This regulation restricts the use of certain hazardous substances in electrical and electronic equipment. It is provided by the European Union but is also applicable to companies exporting to the EU.

History

A concise historical narrative of NAICS Code 332722-02 covering global milestones and recent developments within the United States.

  • The manufacturing of bolts, nuts, screws, rivets, and washers has been around for centuries, with the earliest known examples dating back to ancient Greece and Rome. However, it wasn't until the Industrial Revolution that the industry began to take shape as we know it today. In the late 18th and early 19th centuries, the development of new manufacturing techniques and machinery allowed for mass production of these fasteners, which were in high demand for use in everything from machinery to construction. In the United States, the industry saw significant growth during World War II, as the demand for fasteners skyrocketed due to the war effort. Since then, the industry has continued to evolve, with advancements in materials, production methods, and automation leading to increased efficiency and productivity. In recent history, the industry has faced challenges such as increased competition from foreign manufacturers and fluctuations in demand due to economic conditions. However, it has also seen growth in certain sectors, such as the automotive and aerospace industries, which require high-quality fasteners for their products. The industry has also adapted to changing environmental regulations, with many manufacturers implementing sustainable practices in their production processes. Overall, the bolts, nuts, screws, rivets, and washers manufacturing industry has a rich history of innovation and adaptation, and continues to play a vital role in many sectors of the economy.

Future Outlook for Bolts Nuts Screws Rivets/Washers (Manufacturing)

The anticipated future trajectory of the NAICS 332722-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Bolts Nuts Screws Rivets/Washers (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for these products in various sectors such as construction, automotive, and aerospace. The growth in the construction industry, especially in the residential sector, is expected to drive the demand for fasteners. Additionally, the increasing demand for lightweight and high-strength fasteners in the automotive and aerospace industries is expected to boost the growth of the industry. The industry is also expected to benefit from the increasing adoption of automation and digitalization in the manufacturing process, which is expected to improve efficiency and reduce costs.

Industry Innovations for NAICS Code 332722-02

Recent groundbreaking advancements and milestones in the Bolts Nuts Screws Rivets/Washers (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • The Development Of Self-Locking Nuts That Can Withstand High Temperatures and Pressures: These nuts are designed to prevent loosening due to vibration and are ideal for use in aerospace and defense applications.
  • The Use Of 3D Printing Technology to Manufacture Fasteners: This technology allows for the production of complex geometries and customized fasteners, which can improve performance and reduce costs.
  • The Development Of Corrosion-Resistant Coatings for Fasteners: These coatings can improve the durability and lifespan of fasteners, especially in harsh environments.
  • The Use Of RFID Technology to Track and Manage Inventory: This technology can improve supply chain efficiency and reduce costs by providing real-time information on inventory levels and locations.
  • The Development Of Fasteners Made from Lightweight Materials Such As Titanium and Aluminum: These fasteners are ideal for use in the aerospace industry, where weight reduction is critical for improving fuel efficiency and performance.

NAICS Code 332722-02 - Bolts Nuts Screws Rivets/Washers (Manufacturing)

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