NAICS Code 423840-05 - Belting & Belting Supplies (Wholesale)

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NAICS Code 423840-05 Description (8-Digit)

Belting & Belting Supplies (Wholesale) is a subdivision of the Industrial Supplies Merchant Wholesalers industry that specializes in the distribution of belts and related supplies to businesses and organizations. This industry involves the wholesale of a wide range of belts, including conveyor belts, transmission belts, V-belts, timing belts, and flat belts, among others. Belting & Belting Supplies (Wholesale) companies typically purchase belts and related supplies from manufacturers and then distribute them to retailers, other wholesalers, and end-users.

Hierarchy Navigation for NAICS Code 423840-05

Tools

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

  • Belt cutters
  • Belt slitters
  • Belt skivers
  • Belt welders
  • Belt fasteners
  • Belt lacing tools
  • Belt measuring tools
  • Belt tensioning tools
  • Belt tracking tools
  • Belt cleaning tools
  • Belt repair kits
  • Belt splicing tools
  • Belt alignment tools
  • Belt clamps
  • Belt brushes
  • Belt dressers
  • Belt punchers
  • Belt scrapers
  • Belt stretchers
  • Belt vulcanizers

Industry Examples of Belting & Belting Supplies (Wholesale)

Common products and services typical of NAICS Code 423840-05, illustrating the main business activities and contributions to the market.

  • Conveyor belts
  • Transmission belts
  • V-belts
  • Timing belts
  • Flat belts
  • Round belts
  • Ribbed belts
  • Power transmission belts
  • Drive belts
  • Fan belts
  • Serpentine belts
  • Automotive belts
  • Agricultural belts
  • Food-grade belts
  • Heavy-duty belts
  • Lightweight belts
  • High-temperature belts
  • Chemical-resistant belts
  • Oil-resistant belts
  • Abrasion-resistant belts

Certifications, Compliance and Licenses for NAICS Code 423840-05 - Belting & Belting Supplies (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/ISEA 107-2015: This certification is for high-visibility safety apparel and headwear. It is provided by the American National Standards Institute (ANSI) and the International Safety Equipment Association (ISEA).
  • UL Listed: This certification is for products that have been tested and meet safety standards set by Underwriters Laboratories (UL).
  • OSHA Compliance: Compliance with the Occupational Safety and Health Administration (OSHA) regulations is required for all businesses in the US.
  • DOT Compliance: Compliance with the Department of Transportation (DOT) regulations is required for businesses that transport goods in the US.

History

A concise historical narrative of NAICS Code 423840-05 covering global milestones and recent developments within the United States.

  • The belting and belting supplies industry has a long history dating back to the early 19th century when leather belts were used to power machinery in factories. The industry saw significant advancements in the 20th century with the introduction of synthetic materials such as nylon and polyester, which provided greater durability and strength. In recent years, the industry has continued to evolve with the development of new materials such as Kevlar and carbon fiber, which offer even greater strength and resistance to wear and tear. In the United States, the industry has seen steady growth over the past few decades, driven by increased demand from a variety of sectors including manufacturing, construction, and transportation.

Future Outlook for Belting & Belting Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423840-05 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 Belting & Belting Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for conveyor belts in various industries such as mining, food processing, and automotive. The growth of the e-commerce industry is also expected to drive the demand for conveyor belts and other belting supplies. Additionally, the increasing focus on automation in various industries is expected to boost the demand for belting supplies. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost imports. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423840-05

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

  • The development of lightweight conveyor belts that are more durable and energy-efficient.
  • The use of smart conveyor belts that can monitor their own performance and detect potential issues before they cause downtime.
  • The introduction of modular conveyor belts that can be easily customized and reconfigured to meet changing production needs.
  • The use of 3D printing technology to produce custom-made conveyor belts and other belting supplies.
  • The development of anti-microbial conveyor belts that can help prevent the spread of bacteria and other harmful microorganisms.

NAICS Code 423840-05 - Belting & Belting Supplies (Wholesale)

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