NAICS Code 423610-40 - Insulation Materials-Electric (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423610-40 Description (8-Digit)

The Insulation Materials-Electric (Wholesale) industry involves the distribution of materials used to insulate electrical equipment and wiring. These materials are designed to protect against electrical shock, prevent the leakage of current, and maintain the integrity of electrical systems. The industry includes a wide range of products, such as insulating tapes, sleeves, varnishes, resins, and coatings. These materials are used in a variety of applications, including power generation, transmission, and distribution, as well as in the manufacturing of electrical equipment and appliances.

Hierarchy Navigation for NAICS Code 423610-40

Tools

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

  • Insulating tapes
  • Insulating sleeves
  • Insulating varnishes
  • Insulating resins
  • Insulating coatings
  • Insulating foams
  • Insulating fabrics
  • Insulating papers
  • Insulating films
  • Insulating boards

Industry Examples of Insulation Materials-Electric (Wholesale)

Common products and services typical of NAICS Code 423610-40, illustrating the main business activities and contributions to the market.

  • Electrical transformers insulation
  • Electrical wiring insulation
  • Electrical equipment insulation
  • Electrical appliance insulation
  • Electrical motor insulation
  • Electrical generator insulation
  • Electrical switchgear insulation
  • Electrical capacitor insulation
  • Electrical cable insulation
  • Electrical connector insulation

Certifications, Compliance and Licenses for NAICS Code 423610-40 - Insulation Materials-Electric (Wholesale)

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

  • UL Listed: UL is a global independent safety science company that provides safety-related certification, validation, testing, inspection, auditing, advising, and training services. UL Listed certification ensures that the insulation materials-electric products meet the safety standards set by UL.
  • CSA Certification: CSA Group is a global organization that provides testing, inspection, and certification services for products in various industries. CSA Certification ensures that the insulation materials-electric products meet the safety standards set by CSA.
  • NEMA Certification: The National Electrical Manufacturers Association (NEMA) is a US-based organization that represents manufacturers of electrical equipment and medical imaging technologies. NEMA Certification ensures that the insulation materials-electric products meet the safety standards set by NEMA.
  • ISO 9001:2015 Certification: ISO 9001:2015 is an international standard that sets out the requirements for a quality management system. Insulation materials-electric wholesalers can obtain this certification to demonstrate their ability to consistently provide products and services that meet customer and regulatory requirements.
  • OSHA Compliance: The Occupational Safety and Health Administration (OSHA) is a US-based federal agency that sets and enforces safety and health standards in the workplace. Insulation materials-electric wholesalers must comply with OSHA regulations to ensure the safety of their employees and customers.

History

A concise historical narrative of NAICS Code 423610-40 covering global milestones and recent developments within the United States.

  • The "Insulation Materials-Electric (Wholesale)" industry has a long history dating back to the early 20th century when electrical power distribution systems were first being developed. The industry has been driven by the need to insulate electrical equipment and wiring to prevent electrical shocks and fires. In the United States, the industry has seen significant growth since the 1950s, driven by the expansion of the electrical power grid and the increasing use of electrical equipment in homes and businesses. In recent years, the industry has been impacted by the growing demand for renewable energy sources and the need to improve energy efficiency in buildings. Notable advancements in the industry include the development of new insulation materials such as fiberglass and the use of advanced manufacturing techniques to produce more efficient and cost-effective products.

Future Outlook for Insulation Materials-Electric (Wholesale)

The anticipated future trajectory of the NAICS 423610-40 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The insulation materials-electric (wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for energy-efficient products and the growing construction industry. The industry is also expected to benefit from the increasing adoption of electric vehicles and renewable energy sources. However, the industry may face challenges due to the volatility of raw material prices and the increasing competition from low-cost imports. Overall, the industry is expected to experience moderate growth in the coming years.

Industry Innovations for NAICS Code 423610-40

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

  • Insulation Materials with Improved Fire Resistance: Manufacturers are developing insulation materials that are more resistant to fire, which is becoming increasingly important due to the growing safety concerns in the construction industry.
  • Insulation Materials with Improved Thermal Performance: Manufacturers are developing insulation materials that offer better thermal performance, which is becoming increasingly important due to the growing demand for energy-efficient products.
  • Insulation Materials Made from Recycled Materials: Manufacturers are developing insulation materials made from recycled materials, which is becoming increasingly important due to the growing demand for sustainable products.
  • Insulation Materials with Improved Acoustic Performance: Manufacturers are developing insulation materials that offer better acoustic performance, which is becoming increasingly important due to the growing demand for soundproofing products.
  • Insulation Materials with Improved Moisture Resistance: Manufacturers are developing insulation materials that are more resistant to moisture, which is becoming increasingly important due to the growing demand for products that can withstand harsh weather conditions.

NAICS Code 423610-40 - Insulation Materials-Electric (Wholesale)

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