NAICS Code 333991-05 - Tools-Carbide-Coating (Manufacturing)

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NAICS Code 333991-05 Description (8-Digit)

Tools-Carbide-Coating (Manufacturing) is a subdivision of the NAICS Code 333991 that involves the production of power-driven hand tools with carbide coating. This industry is responsible for manufacturing a variety of cutting tools that are used in various applications such as metalworking, woodworking, and construction. The carbide coating on these tools provides a high level of durability and resistance to wear and tear, making them ideal for heavy-duty applications.

Hierarchy Navigation for NAICS Code 333991-05

Tools

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

  • Carbide drills
  • Carbide end mills
  • Carbide reamers
  • Carbide inserts
  • Carbide saw blades
  • Carbide burrs
  • Carbide taps
  • Carbide countersinks
  • Carbide routers
  • Carbide tool bits

Industry Examples of Tools-Carbide-Coating (Manufacturing)

Common products and services typical of NAICS Code 333991-05, illustrating the main business activities and contributions to the market.

  • Metalworking
  • Woodworking
  • Construction
  • Automotive
  • Aerospace
  • Defense
  • Medical
  • Oil and gas
  • Mining
  • Electronics

Certifications, Compliance and Licenses for NAICS Code 333991-05 - Tools-Carbide-Coating (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).
  • ISO 14001:2015 Environmental Management System: This certification ensures that the company has an environmental management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • OSHA 29 CFR 1910.1200 Hazard Communication Standard: This standard requires that employers provide information to their employees about the hazardous chemicals they work with. It is provided by the Occupational Safety and Health Administration (OSHA).
  • EPA 40 CFR Part 63 Subpart XXXXXX National Emission Standards for Hazardous Air Pollutants: This regulation sets emission standards for hazardous air pollutants from specific source categories. It is provided by the Environmental Protection Agency (EPA).
  • NADCAP Coatings: This certification ensures that the company's coatings meet industry standards. It is provided by the Performance Review Institute (PRI).

History

A concise historical narrative of NAICS Code 333991-05 covering global milestones and recent developments within the United States.

  • The "Tools-Carbide-Coating (Manufacturing)" industry has a long history dating back to the early 20th century when carbide coatings were first developed. The first carbide coatings were used in the manufacturing of cutting tools, and the industry grew rapidly as the demand for these tools increased. In the 1950s, the development of new carbide materials led to the expansion of the industry into other areas, such as wear-resistant coatings for industrial equipment. In recent years, the industry has continued to grow as new technologies have been developed, such as diamond-like carbon coatings and other advanced materials. In the United States, the industry has seen significant growth in the last decade, driven by increased demand for high-performance cutting tools and other industrial equipment.

Future Outlook for Tools-Carbide-Coating (Manufacturing)

The anticipated future trajectory of the NAICS 333991-05 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 Tools-Carbide-Coating (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for carbide-coated tools in various end-use industries such as automotive, aerospace, and construction. The growth of the construction industry, especially in emerging economies, is expected to drive the demand for carbide-coated tools. Additionally, the increasing adoption of electric vehicles is expected to create new opportunities for the industry as carbide-coated tools are used in the manufacturing of electric vehicle components. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost manufacturers in emerging economies. Overall, the industry is expected to grow at a steady pace in the coming years.

Industry Innovations for NAICS Code 333991-05

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

  • Sandvik Coromant launched a new range of carbide inserts for turning applications in 2020. The new range offers improved performance and longer tool life, making it ideal for use in the automotive and aerospace industries.
  • Kennametal introduced a new line of carbide drills in 2019 that offer higher drilling speeds and longer tool life. The new drills are designed for use in the aerospace and defense industries.
  • OSG Corporation launched a new line of carbide end mills in 2018 that offer improved performance and longer tool life. The new end mills are designed for use in the automotive and aerospace industries.
  • Iscar Metals introduced a new line of carbide milling cutters in 2017 that offer improved performance and longer tool life. The new cutters are designed for use in the automotive and aerospace industries.
  • Mitsubishi Materials Corporation developed a new carbide cutting tool material in 2016 that offers improved wear resistance and toughness. The new material is ideal for use in the automotive and aerospace industries.

NAICS Code 333991-05 - Tools-Carbide-Coating (Manufacturing)

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