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NAICS Code 423840-55 Description (8-Digit)

The Rubber Products (Wholesale) industry involves the distribution of rubber products to various businesses and industries. These products can range from rubber sheets, mats, and flooring to rubber hoses, belts, and gaskets. The industry serves a wide range of customers, including manufacturers, construction companies, and automotive repair shops. The products are typically purchased in bulk and then resold to end-users.

Hierarchy Navigation for NAICS Code 423840-55

Tools

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

  • Rubber cutting machines
  • Vulcanizing machines
  • Rubber extruders
  • Rubber mixing mills
  • Rubber injection molding machines
  • Rubber calenders
  • Rubber testing equipment
  • Rubber compression molding machines
  • Rubber grinding machines
  • Rubber slitting machines

Industry Examples of Rubber Products (Wholesale)

Common products and services typical of NAICS Code 423840-55, illustrating the main business activities and contributions to the market.

  • Rubber flooring
  • Rubber hoses
  • Rubber belts
  • Rubber gaskets
  • Rubber seals
  • Rubber sheets
  • Rubber mats
  • Rubber roofing
  • Rubber adhesives
  • Rubber rollers

Certifications, Compliance and Licenses for NAICS Code 423840-55 - Rubber Products (Wholesale)

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

  • ASTM International: ASTM International is a globally recognized organization that develops and publishes technical standards for a wide range of materials, products, systems, and services. The ASTM International certification is relevant for the rubber products industry as it provides a set of standards for the testing and evaluation of rubber products. ASTM International offers various certifications for rubber products, including ASTM D2000, ASTM D2240, and ASTM D412.
  • International Organization for Standardization (ISO): ISO is an independent, non-governmental international organization that develops and publishes standards for various industries. The ISO 9001 certification is relevant for the rubber products industry as it provides a set of standards for quality management systems. The certification ensures that the company has a quality management system in place that meets customer and regulatory requirements.
  • Occupational Safety and Health Administration (OSHA): OSHA is a federal agency that sets and enforces safety and health standards in the workplace. The OSHA certification is relevant for the rubber products industry as it ensures that the company complies with OSHA regulations and provides a safe working environment for employees.
  • National Fire Protection Association (NFPA): NFPA is a global nonprofit organization that develops and publishes codes and standards for fire prevention and protection. The NFPA 70E certification is relevant for the rubber products industry as it provides a set of standards for electrical safety in the workplace. The certification ensures that the company has a safe electrical work environment and reduces the risk of electrical accidents.
  • United States Environmental Protection Agency (EPA): The EPA is a federal agency that sets and enforces environmental regulations. The EPA certification is relevant for the rubber products industry as it ensures that the company complies with environmental regulations and reduces the impact of its operations on the environment. The certification includes various programs, such as the Energy Star program and the WaterSense program.

History

A concise historical narrative of NAICS Code 423840-55 covering global milestones and recent developments within the United States.

  • The rubber industry has a long and fascinating history, dating back to the early 19th century when natural rubber was first discovered in South America. The industry grew rapidly in the late 1800s and early 1900s, with the development of synthetic rubber in the 1930s and 1940s leading to even greater expansion. In the United States, the rubber industry played a crucial role in the country's economic growth during the 20th century, with companies like Goodyear, Firestone, and Michelin becoming household names. In recent years, the industry has faced challenges due to increased competition from low-cost producers in Asia, as well as concerns over environmental sustainability and worker safety.

Future Outlook for Rubber Products (Wholesale)

The anticipated future trajectory of the NAICS 423840-55 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 Rubber Products (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for rubber products in various sectors such as automotive, construction, and healthcare. The growth of the construction industry is expected to drive the demand for rubber products such as seals, gaskets, and hoses. The increasing demand for electric vehicles is also expected to drive the demand for rubber products such as tires and belts. The industry is also expected to benefit from the increasing focus on sustainability and the use of eco-friendly materials in the manufacturing of rubber products.

Industry Innovations for NAICS Code 423840-55

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

  • Rubber Flooring: Rubber flooring is a recent innovation in the Rubber Products (Wholesale) industry. It is a durable and slip-resistant flooring option that is used in various sectors such as healthcare, education, and sports. Rubber flooring is made from recycled rubber and is eco-friendly.
  • Rubber Mulch: Rubber mulch is another recent innovation in the Rubber Products (Wholesale) industry. It is a sustainable alternative to traditional mulch and is made from recycled rubber. Rubber mulch is used in landscaping and gardening and is known for its durability and low maintenance.
  • Rubber Roofing: Rubber roofing is a popular innovation in the construction industry. It is a durable and eco-friendly roofing option that is made from recycled rubber. Rubber roofing is known for its energy efficiency and is used in various sectors such as residential, commercial, and industrial.
  • Rubber Seals: Rubber seals are a recent innovation in the Rubber Products (Wholesale) industry. They are used in various sectors such as automotive, aerospace, and construction. Rubber seals are known for their durability and resistance to extreme temperatures and pressure.
  • Rubber Hoses: Rubber hoses are a recent innovation in the Rubber Products (Wholesale) industry. They are used in various sectors such as automotive, construction, and healthcare. Rubber hoses are known for their durability and resistance to chemicals and extreme temperatures.

NAICS Code 423840-55 - Rubber Products (Wholesale)

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