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NAICS Code 423510-39 Description (8-Digit)

The Wire (Wholesale) industry involves the wholesale distribution of wire products made from various materials such as steel, copper, aluminum, and other metals. These wire products can be in the form of coils, spools, or straight lengths and are used in a wide range of applications across various industries. Wire (Wholesale) companies typically purchase wire products from manufacturers and then distribute them to retailers, construction companies, electrical contractors, and other end-users.

Hierarchy Navigation for NAICS Code 423510-39

Tools

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

  • Wire cutters
  • Wire strippers
  • Crimping tools
  • Pliers
  • Cable ties
  • Cable cutters
  • Cable pullers
  • Cable lubricants
  • Cable connectors
  • Cable testers

Industry Examples of Wire (Wholesale)

Common products and services typical of NAICS Code 423510-39, illustrating the main business activities and contributions to the market.

  • Steel wire rope
  • Copper wire
  • Aluminum wire
  • Galvanized wire
  • Welding wire
  • Barbed wire
  • Fence wire
  • Mesh wire
  • Spring wire
  • Music wire

Certifications, Compliance and Licenses for NAICS Code 423510-39 - Wire (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).
  • ANSI C119.4: This certification is required for wire connectors used in overhead power lines. It ensures that the connectors meet safety and performance standards set by the American National Standards Institute (ANSI).
  • UL 44: This certification is required for wire and cable used in the US. It ensures that the wire and cable meet safety and performance standards set by Underwriters Laboratories (UL).
  • CSA C22.2 No. 38: This certification is required for wire and cable used in Canada. It ensures that the wire and cable meet safety and performance standards set by the Canadian Standards Association (CSA).
  • Rohs: This certification ensures that the wire and cable do not contain hazardous substances such as lead, mercury, and cadmium. It is required for products sold in the European Union.

History

A concise historical narrative of NAICS Code 423510-39 covering global milestones and recent developments within the United States.

  • The "Wire (Wholesale)" industry has a long history dating back to the 19th century when the first wire mills were established in the United States. The industry has since grown to become a vital part of the global economy, providing essential materials for various sectors such as construction, automotive, and electronics. Notable advancements in the industry include the development of new wire alloys, such as stainless steel and aluminum, which have expanded the range of applications for wire products. In recent years, the industry has also seen significant growth in the production of high-performance wires used in advanced technologies such as aerospace and medical devices. In the United States, the "Wire (Wholesale)" industry has undergone significant changes in recent history. The industry has experienced a shift towards automation and digitalization, with many companies adopting advanced manufacturing technologies to improve efficiency and reduce costs. The industry has also seen a rise in demand for eco-friendly and sustainable wire products, leading to the development of new materials and production methods. Overall, the "Wire (Wholesale)" industry in the United States has remained a vital part of the economy, providing essential materials for various sectors and driving innovation in advanced technologies.

Future Outlook for Wire (Wholesale)

The anticipated future trajectory of the NAICS 423510-39 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Wire (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for wire products in various sectors such as construction, automotive, and electronics. The growth of the construction industry, in particular, is expected to drive the demand for wire products such as fencing, mesh, and rebar. Additionally, the increasing adoption of electric vehicles is expected to drive the demand for wire products used in the manufacturing of batteries and other components. However, the industry may face challenges such as rising raw material costs and increasing competition from imports. Overall, the Wire (Wholesale) industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 423510-39

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

  • Smart Wire: Smart wire is a new innovation in the Wire (Wholesale) industry that allows for real-time monitoring of wire tension and stress. This technology is particularly useful in the construction industry, where it can be used to monitor the structural integrity of buildings and bridges.
  • High-Strength Wire: High-strength wire is a recent innovation in the Wire (Wholesale) industry that allows for the production of wire with greater tensile strength and durability. This type of wire is particularly useful in the automotive and aerospace industries, where it is used in the manufacturing of components such as springs and suspension systems.
  • Coated Wire: Coated wire is a recent innovation in the Wire (Wholesale) industry that allows for the production of wire with improved corrosion resistance and durability. This type of wire is particularly useful in the marine and offshore industries, where it is used in the manufacturing of components such as mooring lines and rigging.
  • Biodegradable Wire: Biodegradable wire is a new innovation in the Wire (Wholesale) industry that allows for the production of wire that is environmentally friendly and can be safely disposed of after use. This type of wire is particularly useful in the agriculture and horticulture industries, where it is used in the manufacturing of components such as trellises and plant supports.
  • High-Temperature Wire: High-temperature wire is a recent innovation in the Wire (Wholesale) industry that allows for the production of wire that can withstand extreme temperatures. This type of wire is particularly useful in the aerospace and defense industries, where it is used in the manufacturing of components such as engine parts and electrical systems.

NAICS Code 423510-39 - Wire (Wholesale)

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