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NAICS Code 423710-24 Description (8-Digit)

The Screws (Wholesale) industry involves the distribution of screws in large quantities to retailers, construction companies, and other businesses that require screws for their operations. Screws are small metal fasteners that are used to join two or more objects together. This industry is an essential part of the hardware merchant wholesaling sector, which is responsible for the distribution of various hardware products.

Hierarchy Navigation for NAICS Code 423710-24

Parent Code (less specific)

Tools

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

  • Screwdrivers
  • Power drills
  • Pliers
  • Wrenches
  • Hammers
  • Taps and dies
  • Hex keys
  • Nut drivers
  • Countersink bits
  • Torque wrenches

Industry Examples of Screws (Wholesale)

Common products and services typical of NAICS Code 423710-24, illustrating the main business activities and contributions to the market.

  • Wood screws
  • Sheet metal screws
  • Machine screws
  • Lag screws
  • Concrete screws
  • Drywall screws
  • Deck screws
  • Self-tapping screws
  • Socket head cap screws
  • Set screws

Certifications, Compliance and Licenses for NAICS Code 423710-24 - Screws (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 B18.6.1: This certification ensures that the screws meet the American National Standards Institute (ANSI) standards for dimensions, material, and performance.
  • ASTM F593: This certification ensures that the screws meet the ASTM International standards for stainless steel bolts, screws, and studs.
  • UL Listed: This certification ensures that the screws meet the safety standards set by Underwriters Laboratories (UL).
  • Rohs Compliance: This certification ensures that the screws are free from hazardous substances such as lead, mercury, and cadmium, as required by the Restriction of Hazardous Substances Directive.

History

A concise historical narrative of NAICS Code 423710-24 covering global milestones and recent developments within the United States.

  • The history of the screws industry dates back to the 15th century when screws were first used in presses and wine presses. The first screw-cutting lathe was invented in 1483 by Leonardo da Vinci. In the 18th century, the Industrial Revolution brought about the mass production of screws, which were used in various machines and tools. The screws industry continued to grow and evolve, with advancements in technology leading to the development of new types of screws, such as self-tapping screws and machine screws. In recent years, the screws industry has seen a shift towards more sustainable and eco-friendly products, with companies developing screws made from recycled materials and using renewable energy sources in their production processes. In the United States, the screws industry has a long history, with the first screw factory established in Rhode Island in the early 19th century. The industry continued to grow throughout the 20th century, with the development of new materials and manufacturing processes leading to the production of more efficient and durable screws. In recent years, the screws industry in the US has seen a rise in demand for specialized screws, such as those used in the aerospace and automotive industries. Additionally, the industry has seen a shift towards more environmentally friendly products, with companies developing screws made from recycled materials and using renewable energy sources in their production processes.

Future Outlook for Screws (Wholesale)

The anticipated future trajectory of the NAICS 423710-24 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The screws (wholesale) industry in the USA is expected to experience steady growth in the coming years. The industry is projected to benefit from the growth of the construction industry, which is a major consumer of screws. The increasing demand for screws from the automotive and aerospace industries is also expected to drive growth in the industry. Additionally, the increasing adoption of automation in the manufacturing process is expected to increase efficiency and reduce costs for wholesalers. However, the industry may face challenges such as rising raw material costs and increasing competition from imports. Overall, the screws (wholesale) industry is expected to experience moderate growth in the coming years.

Industry Innovations for NAICS Code 423710-24

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

  • Smart Screws: These screws are equipped with sensors that can detect changes in temperature, pressure, and other environmental factors. They are used in a variety of applications, including aerospace, automotive, and construction.
  • Biodegradable Screws: These screws are made from biodegradable materials and are used in applications where environmental sustainability is a concern.
  • Self-Tapping Screws: These screws have a sharp tip that allows them to create their own threads as they are screwed into a material. They are commonly used in the construction industry.
  • Tamper-Resistant Screws: These screws are designed to prevent unauthorized removal and are commonly used in applications such as security systems and public infrastructure.
  • Coated Screws: These screws are coated with materials such as zinc or chrome to improve their resistance to corrosion and wear. They are commonly used in outdoor applications.

NAICS Code 423710-24 - Screws (Wholesale)

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