NAICS Code 423710-21 - Rings-Retaining (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423710-21
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NAICS Code 423710-21 Description (8-Digit)

The Rings-Retaining (Wholesale) industry involves the wholesale distribution of retaining rings, which are small, circular fasteners that are used to secure components onto a shaft or in a bore. These rings are commonly used in a variety of industries, including automotive, aerospace, and manufacturing. Companies in this industry typically purchase retaining rings from manufacturers and then sell them to retailers or end-users.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423710 page

Tools

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

  • Retaining ring pliers
  • Snap ring pliers
  • Circlip pliers
  • Retaining ring assortment kits
  • Retaining ring applicators
  • Retaining ring gauges
  • Retaining ring installation tools
  • Retaining ring extractors
  • Retaining ring spreaders
  • Retaining ring hooks

Industry Examples of Rings-Retaining (Wholesale)

Common products and services typical of NAICS Code 423710-21, illustrating the main business activities and contributions to the market.

  • Automotive retaining rings
  • Aerospace retaining rings
  • Manufacturing retaining rings
  • Industrial retaining rings
  • Agricultural retaining rings
  • Marine retaining rings
  • Electrical retaining rings
  • Medical retaining rings
  • Military retaining rings
  • Construction retaining rings

History

A concise historical narrative of NAICS Code 423710-21 covering global milestones and recent developments within the United States.

  • The "Rings-Retaining (Wholesale)" industry has a long history dating back to the early 1900s when the first retaining rings were invented. The first retaining rings were simple wire rings that were used to hold bearings in place. Over time, the design of retaining rings evolved, and they became more complex and specialized. Today, retaining rings are used in a wide range of applications, including automotive, aerospace, and medical devices. In recent years, the industry has seen significant growth due to the increasing demand for retaining rings in the automotive and aerospace industries. In the United States, the industry has been growing steadily since the 1990s, with many new companies entering the market and existing companies expanding their product lines. The industry has also benefited from advances in technology, which have made it possible to produce retaining rings more efficiently and at a lower cost. Overall, the "Rings-Retaining (Wholesale)" industry has a rich history and a bright future ahead.