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NAICS Code 423520-04 Description (8-Digit)

Copper (Wholesale) is a subdivision of the NAICS Code 423520 that involves the wholesale distribution of copper and copper alloy products. This industry includes companies that purchase copper and copper alloy products from manufacturers and sell them to various industries such as construction, electrical, and plumbing. Copper (Wholesale) companies may also provide value-added services such as cutting, shaping, and processing copper products to meet customer specifications.

Hierarchy Navigation for NAICS Code 423520-04

Tools

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

  • Copper tubing cutters
  • Pipe benders
  • Flaring tools
  • Soldering equipment
  • Wire strippers
  • Crimping tools
  • Hydraulic presses
  • Metal shears
  • Tube expanders
  • Deburring tools

Industry Examples of Copper (Wholesale)

Common products and services typical of NAICS Code 423520-04, illustrating the main business activities and contributions to the market.

  • Copper pipes
  • Copper wire
  • Copper fittings
  • Copper sheets
  • Copper coils
  • Copper rods
  • Copper bars
  • Copper plates
  • Copper tubes
  • Copper alloys

Certifications, Compliance and Licenses for NAICS Code 423520-04 - Copper (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Copper Development Association (CDA) Certification: The CDA provides certification for copper products that meet industry standards for quality and safety. This certification is important for wholesalers to ensure that they are providing their customers with high-quality copper products.
  • Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for wholesalers to ensure that their workplace is safe and free from hazards. This certification is important for the safety of employees and customers.
  • Environmental Protection Agency (EPA) Certification: The EPA requires certification for wholesalers who handle hazardous materials, including copper. This certification ensures that wholesalers are following proper procedures for handling and disposing of hazardous materials.
  • National Fire Protection Association (NFPA) Certification: The NFPA provides certification for wholesalers who handle flammable materials, including copper. This certification ensures that wholesalers are following proper procedures for handling and storing flammable materials.
  • International Organization for Standardization (ISO) Certification: The ISO provides certification for wholesalers who meet international standards for quality management. This certification is important for wholesalers who export copper products to other countries.

History

A concise historical narrative of NAICS Code 423520-04 covering global milestones and recent developments within the United States.

  • The "Copper (Wholesale)" industry has a long and rich history worldwide. Copper has been used for thousands of years, with evidence of copper mining dating back to ancient Egypt and Cyprus. In the 1800s, copper became a crucial component in the development of telegraph and electrical power systems, leading to a surge in demand for the metal. The United States became a major producer of copper in the late 1800s, with the development of large-scale mining operations in states such as Arizona and Montana. In recent history, the industry has faced challenges such as fluctuating demand and prices, as well as increased competition from other materials such as aluminum and plastic. In the United States, the "Copper (Wholesale)" industry has seen significant growth in recent years due to the increasing demand for copper in various industries such as construction, electronics, and transportation. The industry has also benefited from advancements in technology, which have made copper more efficient and cost-effective to produce. However, the industry has faced challenges such as supply chain disruptions and trade tensions, which have impacted the availability and cost of copper. Overall, the "Copper (Wholesale)" industry has a rich history and continues to play a crucial role in various industries worldwide.

Future Outlook for Copper (Wholesale)

The anticipated future trajectory of the NAICS 423520-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The copper (wholesale) industry in the USA is expected to experience steady growth in the coming years. The increasing demand for copper in various industries such as construction, electronics, and automotive is expected to drive the growth of the industry. Additionally, the growing adoption of renewable energy sources such as wind and solar power is expected to increase the demand for copper, as it is a key component in the production of solar panels and wind turbines. However, the industry may face challenges due to the volatility of copper prices in the global market and the increasing competition from substitute materials. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for copper in various industries.

Industry Innovations for NAICS Code 423520-04

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

  • Copper Nanowires: Copper nanowires are a recent innovation in the copper (wholesale) industry. They are used in various applications such as touch screens, solar cells, and flexible displays. Copper nanowires are highly conductive and flexible, making them an ideal material for these applications.
  • Copper Foam: Copper foam is a lightweight and highly conductive material that is used in various applications such as heat sinks, electromagnetic shielding, and sound absorption. Copper foam is an innovative material that has the potential to replace traditional materials such as aluminum and steel in various applications.
  • Copper Alloys: Copper alloys are a recent innovation in the copper (wholesale) industry. They are used in various applications such as marine engineering, aerospace, and electronics. Copper alloys have superior properties such as high strength, corrosion resistance, and thermal conductivity, making them an ideal material for these applications.
  • Copper Recycling: Copper recycling is an important innovation in the copper (wholesale) industry. It is a sustainable practice that helps to reduce the environmental impact of copper mining and production. Copper recycling also helps to conserve natural resources and reduce energy consumption.
  • Copper Coatings: Copper coatings are a recent innovation in the copper (wholesale) industry. They are used in various applications such as antimicrobial coatings, corrosion protection, and heat exchangers. Copper coatings have superior properties such as high thermal conductivity, corrosion resistance, and antimicrobial properties, making them an ideal material for these applications.

NAICS Code 423520-04 - Copper (Wholesale)

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