NAICS Code 423310-09 - Composite Materials (Wholesale)

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NAICS Code 423310-09 Description (8-Digit)

Composite Materials (Wholesale) is a subdivision of the Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers industry that involves the distribution of composite materials to various businesses. Composite materials are materials made from two or more constituent materials with significantly different physical or chemical properties that, when combined, produce a material with characteristics different from the individual components. These materials are used in a wide range of industries, including aerospace, automotive, construction, marine, and sports equipment.

Hierarchy Navigation for NAICS Code 423310-09

Tools

Tools commonly used in the Composite Materials (Wholesale) industry for day-to-day tasks and operations.

  • Composite material cutters
  • Composite material saws
  • Composite material drills
  • Composite material sanders
  • Composite material routers
  • Composite material shears
  • Composite material scissors
  • Composite material hot knives
  • Composite material heat guns
  • Composite material mixers
  • Composite material rollers
  • Composite material brushes
  • Composite material sprayers
  • Composite material molds
  • Composite material vacuum pumps
  • Composite material adhesives
  • Composite material tapes
  • Composite material fillers
  • Composite material sealants

Industry Examples of Composite Materials (Wholesale)

Common products and services typical of NAICS Code 423310-09, illustrating the main business activities and contributions to the market.

  • Aerospace components
  • Automotive parts
  • Boat hulls
  • Bridge decks
  • Building facades
  • Circuit boards
  • Golf club shafts
  • Medical implants
  • Sports equipment
  • Wind turbine blades

Certifications, Compliance and Licenses for NAICS Code 423310-09 - Composite Materials (Wholesale)

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).
  • ASTM International Certification: This certification ensures that the composite materials meet the standards set by ASTM International, a globally recognized organization that develops and publishes technical standards for materials, products, systems, and services.
  • UL Certification: This certification ensures that the composite materials meet the safety standards set by Underwriters Laboratories (UL), a global safety certification company.
  • CE Marking: This certification is required for composite materials that are sold in the European Union. It ensures that the materials meet the health, safety, and environmental protection standards set by the EU.
  • Rohs Compliance: This certification ensures that the composite materials do not contain any hazardous substances that are restricted by the Restriction of Hazardous Substances (RoHS) Directive. This directive restricts the use of certain hazardous materials in electrical and electronic equipment.

History

A concise historical narrative of NAICS Code 423310-09 covering global milestones and recent developments within the United States.

  • Composite materials have been used for centuries, with the ancient Egyptians using straw and mud to create bricks. However, the modern composite materials industry began in the 1930s with the development of fiberglass by Owens Corning. This material was used in a variety of applications, including boats, aircraft, and automotive parts. In the 1960s, carbon fiber was developed, which was even stronger and lighter than fiberglass. This material was used in high-performance applications, such as Formula One racing cars and aerospace components. In recent years, there has been a growing interest in using composite materials in construction, as they are lightweight, durable, and can be molded into complex shapes. In the United States, the composite materials industry has seen steady growth in recent years, driven by demand from the aerospace, automotive, and construction industries. For example, the use of composite materials in wind turbines has increased significantly, as they are lightweight and can withstand harsh weather conditions. Additionally, the development of new composite materials, such as graphene, has opened up new possibilities for the industry. Overall, the composite materials industry has a rich history of innovation and continues to be an important part of many industries today.

Future Outlook for Composite Materials (Wholesale)

The anticipated future trajectory of the NAICS 423310-09 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 Composite Materials (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for composite materials in various end-use industries such as aerospace, automotive, construction, and wind energy. The growing trend of lightweight and fuel-efficient vehicles is also expected to drive the demand for composite materials. Additionally, the increasing focus on renewable energy sources is expected to boost the demand for composite materials in the wind energy sector. However, the industry may face challenges such as the high cost of raw materials and the lack of standardization in the manufacturing process. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423310-09

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

  • Carbon Fiber Composites: Carbon fiber composites are increasingly being used in the aerospace and automotive industries due to their high strength-to-weight ratio and durability.
  • Biodegradable Composites: Biodegradable composites are gaining popularity due to their eco-friendliness and sustainability. They are being used in various applications such as packaging, construction, and automotive.
  • 3D Printing Of Composites: 3D printing technology is being used to manufacture complex composite parts with high precision and accuracy. This technology is being used in various industries such as aerospace, automotive, and healthcare.
  • Nanocomposites: Nanocomposites are being developed by incorporating nanoparticles into the composite matrix. These composites have unique properties such as high strength, stiffness, and thermal stability.
  • Recycling Of Composites: Recycling of composite materials is gaining importance due to the increasing environmental concerns. Various recycling technologies are being developed to recycle composite materials and reduce their environmental impact.

NAICS Code 423310-09 - Composite Materials (Wholesale)

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