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NAICS Code 423510-37 Description (8-Digit)

Tube Fittings (Wholesale) is a subdivision of the Metal Service Centers and Other Metal Merchant Wholesalers industry. This industry involves the wholesale distribution of tube fittings, which are components used to connect and disconnect tubes in a fluid or gas system. Tube fittings are used in a variety of industries, including oil and gas, chemical processing, and manufacturing. Companies in this industry typically purchase tube fittings from manufacturers and sell them to other businesses, such as distributors, contractors, and end-users.

Hierarchy Navigation for NAICS Code 423510-37

Tools

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

  • Tube benders
  • Flaring tools
  • Deburring tools
  • Tube cutters
  • Swaging tools
  • Tube end facers
  • Tube reamers
  • Tube expanders
  • Tube fitting wrenches
  • Tube fitting installation gauges

Industry Examples of Tube Fittings (Wholesale)

Common products and services typical of NAICS Code 423510-37, illustrating the main business activities and contributions to the market.

  • Hydraulic tube fittings
  • Pneumatic tube fittings
  • Instrumentation tube fittings
  • Compression tube fittings
  • Push-to-connect tube fittings
  • Quick-connect tube fittings
  • High-pressure tube fittings
  • Stainless steel tube fittings
  • Brass tube fittings
  • Plastic tube fittings

Certifications, Compliance and Licenses for NAICS Code 423510-37 - Tube Fittings (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).
  • AS9100: This certification is specific to the aerospace industry and ensures that the company has a quality management system in place that meets industry-specific standards. It is provided by the International Aerospace Quality Group (IAQG).
  • NQA-1: This certification is specific to the nuclear industry and ensures that the company has a quality management system in place that meets industry-specific standards. It is provided by the American Society of Mechanical Engineers (ASME).
  • API Spec Q1: This certification is specific to the oil and gas industry and ensures that the company has a quality management system in place that meets industry-specific standards. It is provided by the American Petroleum Institute (API).
  • UL Certification: This certification ensures that the company's products meet safety standards set by Underwriters Laboratories (UL).

History

A concise historical narrative of NAICS Code 423510-37 covering global milestones and recent developments within the United States.

  • The Tube Fittings (Wholesale) industry has a long history dating back to the early 20th century when the first tube fittings were developed. The industry has since grown and evolved, with notable advancements such as the development of new materials, improved manufacturing processes, and the introduction of new products. In the United States, the industry has seen significant growth in recent years due to the increasing demand for tube fittings in various applications, including oil and gas, chemical processing, and power generation. For example, in 2019, the US tube fittings market was valued at $4.2 billion, and it is expected to grow at a CAGR of 4.5% from 2020 to 2027. This growth is attributed to the increasing demand for tube fittings in various end-use industries, coupled with the growing trend of automation and digitization in the manufacturing sector.

Future Outlook for Tube Fittings (Wholesale)

The anticipated future trajectory of the NAICS 423510-37 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 Tube Fittings (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for tube fittings in various end-use industries such as oil and gas, chemical, and petrochemical. The growth of the construction industry is also expected to drive the demand for tube fittings. Additionally, the increasing adoption of automation in the manufacturing process is expected to boost the demand for tube fittings. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost imports. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423510-37

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

  • Parker Hannifin Corporation introduced a new range of tube fittings that are designed to provide leak-free connections in high-pressure applications. The fittings are made of high-quality materials and are suitable for use in various industries such as oil and gas, chemical, and petrochemical.
  • Swagelok Company launched a new range of tube fittings that are designed to provide reliable and leak-free connections in harsh environments. The fittings are made of corrosion-resistant materials and are suitable for use in various industries such as oil and gas, chemical, and petrochemical.
  • Brennan Industries introduced a new range of tube fittings that are designed to provide easy installation and reliable performance. The fittings are made of high-quality materials and are suitable for use in various industries such as oil and gas, chemical, and petrochemical.
  • DK-Lok USA introduced a new range of tube fittings that are designed to provide leak-free connections in high-pressure applications. The fittings are made of high-quality materials and are suitable for use in various industries such as oil and gas, chemical, and petrochemical.
  • Ham-Let Group introduced a new range of tube fittings that are designed to provide reliable and leak-free connections in harsh environments. The fittings are made of corrosion-resistant materials and are suitable for use in various industries such as oil and gas, chemical, and petrochemical.

NAICS Code 423510-37 - Tube Fittings (Wholesale)

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