NAICS Code 423510-10 - Die Castings (Wholesale)
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NAICS Code 423510-10 Description (8-Digit)
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Parent Code (less specific)
Tools
Tools commonly used in the Die Castings (Wholesale) industry for day-to-day tasks and operations.
- Die casting machines
- Molds
- Melting furnaces
- Ladles
- Crucibles
- Die lubricants
- Cooling systems
- Trimming presses
- Shot blasting machines
- Ultrasonic cleaning equipment
Industry Examples of Die Castings (Wholesale)
Common products and services typical of NAICS Code 423510-10, illustrating the main business activities and contributions to the market.
- Automotive parts
- Electronic components
- Lighting fixtures
- Plumbing fixtures
- Toys and games
- Hand tools
- Sporting goods
- Medical equipment
- Aerospace components
- Consumer electronics
Certifications, Compliance and Licenses for NAICS Code 423510-10 - Die Castings (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001: Quality management system certification that ensures the company meets customer and regulatory requirements. Provided by the International Organization for Standardization (ISO).
- NADCA Certification: Certification provided by the North American Die Casting Association (NADCA) that ensures the company meets industry standards for die casting.
- Rohs Compliance: Certification that ensures the company's products comply with the Restriction of Hazardous Substances Directive, which restricts the use of certain hazardous materials in electrical and electronic equipment. Provided by the European Union.
- REACH Compliance: Certification that ensures the company's products comply with the Registration, Evaluation, Authorization, and Restriction of Chemicals regulation, which regulates the use of chemicals in the European Union. Provided by the European Chemicals Agency.
- Conflict Minerals Compliance: Certification that ensures the company's products do not contain minerals that finance armed conflict in the Democratic Republic of Congo or adjoining countries. Provided by the Responsible Minerals Initiative.
History
A concise historical narrative of NAICS Code 423510-10 covering global milestones and recent developments within the United States.
- Die casting is a manufacturing process that has been around for over 150 years. The first die-casting machine was invented in 1838 by Elisha K. Root and Philo D. Hall, and it was used to produce printing type. In the early 1900s, die casting was used to produce parts for the automotive industry, and it quickly became a popular method for producing complex metal parts. During World War II, die casting was used to produce parts for military equipment, and after the war, it was used to produce consumer goods such as toys, appliances, and electronics. In recent years, die casting has become more efficient and cost-effective, thanks to advances in technology and materials. In the United States, the die casting industry has a long history of innovation and growth. In the 1950s and 1960s, the industry experienced a boom as demand for consumer goods increased. During this time, die casting companies developed new alloys and techniques to produce parts more quickly and efficiently. In the 1970s and 1980s, the industry faced challenges as foreign competition increased, but it adapted by focusing on high-quality, specialized products. Today, the die casting industry in the United States is a vital part of the manufacturing sector, producing parts for a wide range of industries, including automotive, aerospace, and electronics.
Future Outlook for Die Castings (Wholesale)
The anticipated future trajectory of the NAICS 423510-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Die Castings (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for die castings in various end-use industries such as automotive, aerospace, and electronics. The growth of the automotive industry, in particular, is expected to drive the demand for die castings as they are widely used in the production of automotive parts. Additionally, the increasing adoption of lightweight materials in the aerospace industry is expected to boost the demand for die castings. However, the industry may face challenges such as rising raw material costs and increasing competition from low-cost imports. Overall, the industry is expected to grow at a steady pace in the coming years.
Industry Innovations for NAICS Code 423510-10
Recent groundbreaking advancements and milestones in the Die Castings (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Introduction Of 3D Printing Technology In Die Casting: This innovation has revolutionized the die casting industry by enabling the production of complex and intricate parts that were previously difficult to manufacture. 3D printing technology has also reduced the lead time and cost of producing die castings.
- Use Of Aluminum Alloys In Die Casting: The use of aluminum alloys in die casting has increased in recent years due to their lightweight, high strength, and corrosion-resistant properties. This has led to the development of new applications for die castings in the automotive and aerospace industries.
- Development Of New Die Casting Machines: The development of new die casting machines with advanced features such as real-time monitoring and control systems has improved the efficiency and quality of die casting production.
- Adoption Of Industry 4.0 Technologies: The adoption of Industry 4.0 technologies such as automation, artificial intelligence, and the Internet of Things (IoT) has improved the productivity and efficiency of die casting operations.
- Use Of Sustainable Materials In Die Casting: The use of sustainable materials such as recycled aluminum and magnesium alloys in die casting has gained popularity in recent years due to their environmental benefits. This has led to the development of new applications for die castings in the green energy and transportation sectors.
NAICS Code 423510-10 - Die Castings (Wholesale)
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