NAICS Code 423840-10 - Carbide Metals & Products (Wholesale)

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NAICS Code 423840-10 Description (8-Digit)

Carbide Metals & Products (Wholesale) is a subdivision of the Industrial Supplies Merchant Wholesalers industry that specializes in the distribution of carbide metals and related products. Carbide metals are a type of metal alloy that are known for their high strength, durability, and resistance to wear and tear. This industry involves the wholesale distribution of carbide metals and products made from carbide metals, such as cutting tools, drill bits, saw blades, and grinding wheels.

Hierarchy Navigation for NAICS Code 423840-10

Tools

Tools commonly used in the Carbide Metals & Products (Wholesale) industry for day-to-day tasks and operations.

  • Carbide end mills
  • Carbide inserts
  • Carbide burrs
  • Carbide tipped saw blades
  • Carbide tipped drill bits
  • Carbide tipped router bits
  • Carbide tipped milling cutters
  • Carbide tipped reamers
  • Carbide tipped countersinks
  • Carbide tipped tool bits

Industry Examples of Carbide Metals & Products (Wholesale)

Common products and services typical of NAICS Code 423840-10, illustrating the main business activities and contributions to the market.

  • Carbide cutting tools
  • Carbide drill bits
  • Carbide saw blades
  • Carbide end mills
  • Carbide inserts
  • Carbide milling cutters
  • Carbide reamers
  • Carbide tool bits
  • Carbide burrs
  • Carbide router bits

Certifications, Compliance and Licenses for NAICS Code 423840-10 - Carbide Metals & Products (Wholesale)

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

  • ISO 9001: Quality management system certification that ensures the company meets customer and regulatory requirements. Provided by the International Organization for Standardization (ISO).
  • ANSI B11.19: Safety requirements for grinding machines. Provided by the American National Standards Institute (ANSI).
  • OSHA 29 CFR 1910.1200: Hazard Communication Standard that requires chemical manufacturers and distributors to provide information about the hazards of their products. Provided by the Occupational Safety and Health Administration (OSHA).
  • EPA 40 CFR Part 82: Regulations for the phase-out of ozone-depleting substances. Provided by the Environmental Protection Agency (EPA).
  • DOT Hazardous Materials Regulations: Regulations for the safe transportation of hazardous materials. Provided by the Department of Transportation (DOT).

History

A concise historical narrative of NAICS Code 423840-10 covering global milestones and recent developments within the United States.

  • The Carbide Metals & Products (Wholesale) industry has a long history dating back to the early 20th century when tungsten carbide was first discovered. The industry grew rapidly during World War II when carbide was used to make armor-piercing shells and other military equipment. After the war, the industry continued to grow as carbide became widely used in the manufacturing of cutting tools, dies, and molds. In recent years, the industry has seen significant advancements in the development of new carbide materials and products, as well as the expansion of its applications in industries such as aerospace, automotive, and medical. In the United States, the Carbide Metals & Products (Wholesale) industry has a more recent history, with significant growth occurring in the 1980s and 1990s. This growth was driven by the increasing demand for carbide products in the manufacturing sector, particularly in the automotive and aerospace industries. In recent years, the industry has faced challenges due to the decline in the manufacturing sector and the increasing competition from low-cost imports. However, the industry has continued to innovate and develop new products to meet the changing needs of its customers.

Future Outlook for Carbide Metals & Products (Wholesale)

The anticipated future trajectory of the NAICS 423840-10 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 Carbide Metals & Products (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for carbide metals and products in various end-use industries such as automotive, aerospace, and defense. The growth of the manufacturing sector in the country is also expected to drive the demand for carbide metals and products. Additionally, the increasing focus on research and development activities to improve the properties of carbide metals and products is expected to create new growth opportunities for the industry. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost manufacturers in other countries. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423840-10

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

  • Kennametal's Beyond BLAST™ Technology: This technology is designed to improve the performance of carbide cutting tools by reducing the temperature and wear during machining operations, resulting in longer tool life and improved productivity.
  • Sandvik Coromant's Corodrill® 860 with Silent Tools™: This innovative drilling solution is designed to reduce noise and vibration during drilling operations, resulting in improved operator safety and productivity.
  • Osg's EXOCARB® AERO UVX-LH: This high-performance carbide end mill is designed for machining aerospace components and features a unique flute design that reduces cutting forces and improves chip evacuation, resulting in improved surface finish and longer tool life.
  • Iscar's SUMOCHAM™: This innovative drilling solution features a unique drill head design that reduces cutting forces and improves chip evacuation, resulting in improved productivity and longer tool life.
  • Seco Tools' Duratomic® Technology: This innovative coating technology is designed to improve the performance of carbide cutting tools by reducing friction and wear during machining operations, resulting in longer tool life and improved productivity.

NAICS Code 423840-10 - Carbide Metals & Products (Wholesale)

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