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NAICS Code 333514-10 Description (8-Digit)

Molds manufacturing is a specialized industry that involves the production of molds, which are used to create a variety of products. Molds are typically made from metal, plastic, or other materials and are used to shape and form products such as automotive parts, toys, and household appliances. The molds themselves are highly precise and require a great deal of skill and expertise to produce. Molds manufacturing is a critical part of the manufacturing process for many industries, as it allows for the efficient and cost-effective production of high-quality products.

Hierarchy Navigation for NAICS Code 333514-10

Tools

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

  • CNC machines
  • EDM machines
  • Injection molding machines
  • Lathe machines
  • Milling machines
  • Surface grinders
  • Wire EDM machines
  • Laser cutting machines
  • 3D printers
  • Mold polishing tools

Industry Examples of Molds (Manufacturing)

Common products and services typical of NAICS Code 333514-10, illustrating the main business activities and contributions to the market.

  • Automotive parts
  • Toys
  • Household appliances
  • Medical devices
  • Electronics
  • Packaging
  • Construction materials
  • Aerospace components
  • Sporting goods
  • Furniture

Certifications, Compliance and Licenses for NAICS Code 333514-10 - Molds (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).
  • ISO 13485: This certification is specific to the medical device industry and 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 international standards. It is provided by the International Aerospace Quality Group (IAQG).
  • 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 333514-10 covering global milestones and recent developments within the United States.

  • The manufacturing of molds has been around for centuries, with the earliest known molds dating back to ancient Egypt. These molds were used to create pottery and other objects. In the 19th century, the development of rubber and plastic materials led to the creation of new types of molds. The first injection molding machine was patented in 1872 by John Wesley Hyatt, and this technology revolutionized the industry. In the United States, the molds manufacturing industry has seen significant growth since the mid-20th century, with advancements in technology and materials leading to increased efficiency and precision. Notable advancements in recent history include the use of computer-aided design (CAD) and computer-aided manufacturing (CAM) software, as well as the development of 3D printing technology for mold making.

Future Outlook for Molds (Manufacturing)

The anticipated future trajectory of the NAICS 333514-10 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 Molds (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for plastic products in various sectors such as automotive, construction, and packaging. The growing trend of lightweight and fuel-efficient vehicles is also expected to drive the demand for plastic components, which will further boost the industry's growth. Additionally, the increasing adoption of 3D printing technology in the manufacturing process is expected to revolutionize the industry by reducing the production time and costs. However, the industry may face challenges such as the shortage of skilled labor and the increasing competition from low-cost countries. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 333514-10

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

  • Smart Molds: These molds are equipped with sensors and software that can monitor and optimize the molding process, resulting in higher efficiency and quality.
  • 3D Printed Molds: The use of 3D printing technology in mold making has reduced the production time and costs significantly, making it a popular choice for small-scale production.
  • Multi-Material Molding: This technology allows the production of complex parts with different materials in a single molding process, reducing the need for assembly and improving the part's performance.
  • Micro Injection Molding: This technology enables the production of small and precise parts with high accuracy and repeatability, making it suitable for medical and electronic applications.
  • Hot Runner Systems: These systems eliminate the need for runners in the molding process, reducing material waste and improving the part's quality.

NAICS Code 333514-10 - Molds (Manufacturing)

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