NAICS Code 423320-03 - Asphalt Products (Wholesale)

Marketing Level - NAICS 8-Digit

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  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
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Looking for more companies? See NAICS 423320 - Brick, Stone, and Related Construction Material Merchant Wholesalers - 6,434 companies, 16,859 emails.

NAICS Code 423320-03 Description (8-Digit)

Asphalt Products (Wholesale) is a subdivision of the Brick, Stone, and Related Construction Material Merchant Wholesalers industry. This industry involves the wholesale distribution of asphalt and related products to businesses and contractors involved in the construction and maintenance of roads, highways, and other paved surfaces. Asphalt products can include asphalt cement, asphalt emulsions, cutback asphalt, and asphalt paving mixtures. Companies in this industry may also offer related services such as asphalt testing, consulting, and equipment rental.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423320 page

Tools

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

  • Asphalt paver
  • Asphalt roller
  • Asphalt distributor
  • Asphalt tanker
  • Asphalt milling machine
  • Asphalt plant
  • Asphalt storage tank
  • Asphalt testing equipment
  • Asphalt saw
  • Asphalt rake
  • Asphalt sealcoating machine
  • Asphalt crack filler
  • Asphalt infrared heater
  • Asphalt melting kettle
  • Asphalt sprayer
  • Asphalt patching machine
  • Asphalt core drill
  • Asphalt compactor
  • Asphalt edger

Industry Examples of Asphalt Products (Wholesale)

Common products and services typical of NAICS Code 423320-03, illustrating the main business activities and contributions to the market.

  • Asphalt paving mixtures
  • Asphalt emulsions
  • Asphalt cement
  • Asphalt sealers
  • Asphalt crack fillers
  • Asphalt patching materials
  • Asphalt roofing materials
  • Asphalt additives
  • Asphalt testing equipment
  • Asphalt equipment rental

History

A concise historical narrative of NAICS Code 423320-03 covering global milestones and recent developments within the United States.

  • The Asphalt Products (Wholesale) industry has a long history dating back to the early 1800s when natural asphalt was first discovered in Trinidad. The first modern asphalt plant was built in 1870 in Pennsylvania, and by the early 1900s, asphalt had become the preferred material for road construction in the United States. In the 1920s, the development of the automobile industry led to a surge in demand for asphalt, and the industry continued to grow throughout the 20th century. In recent years, the industry has faced challenges due to the increasing popularity of alternative materials such as concrete and the rising cost of crude oil, which is a key component of asphalt. However, the industry has adapted by developing new technologies and products, such as warm-mix asphalt, which reduces the amount of energy required to produce asphalt and lowers greenhouse gas emissions. In the United States, the Asphalt Products (Wholesale) industry has experienced significant growth in recent years due to increased government spending on infrastructure projects and the growing demand for sustainable and environmentally friendly materials. In 2018, the industry generated over $10 billion in revenue and employed over 30,000 people. The industry has also benefited from advances in technology, such as the development of new additives and binders that improve the performance and durability of asphalt. However, the industry faces challenges such as the increasing cost of raw materials and the need to comply with environmental regulations. Despite these challenges, the industry is expected to continue to grow in the coming years due to the ongoing need for infrastructure improvements and the increasing demand for sustainable and eco-friendly materials.