NAICS Code 423840-57 - Seals-Oil/Grease & Etc Wholesale

Marketing Level - NAICS 8-Digit

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Total Companies

11

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NAICS Code 423840-57 Description (8-Digit)

The Seals-Oil/Grease & Etc Wholesale industry is a subdivision of the Industrial Supplies Merchant Wholesalers industry. This industry involves the wholesale distribution of seals, gaskets, and other related products used in the sealing of machinery and equipment. These products are used to prevent leaks and contamination of fluids such as oil and grease. The Seals-Oil/Grease & Etc Wholesale industry serves a wide range of customers, including manufacturers, repair shops, and maintenance departments across various industries.

Hierarchy Navigation for NAICS Code 423840-57

Tools

Tools commonly used in the Seals-Oil/Grease & Etc Wholesale industry for day-to-day tasks and operations.

  • O-ring installation tools
  • Seal pullers
  • Gasket cutters
  • Bearing packers
  • Grease guns
  • Oil filter wrenches
  • Torque wrenches
  • Dial indicators
  • Pressure gauges
  • Thread gauges
  • Sealant applicators
  • Hose cutters
  • Hose crimpers
  • Pipe cutters
  • Pipe threaders
  • Pipe benders
  • Flaring tools
  • Compression tools
  • Retaining ring pliers
  • Snap ring pliers

Industry Examples of Seals-Oil/Grease & Etc Wholesale

Common products and services typical of NAICS Code 423840-57, illustrating the main business activities and contributions to the market.

  • Automotive repair shops
  • Aerospace manufacturers
  • Construction equipment manufacturers
  • Oil and gas refineries
  • Power generation plants
  • Food and beverage processing plants
  • Pharmaceutical manufacturers
  • Chemical processing plants
  • Mining equipment manufacturers
  • Marine equipment manufacturers

Certifications, Compliance and Licenses for NAICS Code 423840-57 - Seals-Oil/Grease & Etc 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).
  • ISO 14001: Environmental management system certification that ensures the company meets environmental regulations and reduces its environmental impact. Provided by the International Organization for Standardization (ISO).
  • OSHA 30-Hour General Industry Training: Certification that provides workers with an overview of safety and health hazards in the workplace and how to prevent them. Provided by the Occupational Safety and Health Administration (OSHA).
  • Hazardous Materials Transportation Training: Certification that provides workers with the knowledge and skills to safely transport hazardous materials. Provided by the Pipeline and Hazardous Materials Safety Administration (PHMSA).
  • National Association Of Chemical Distributors (NACD) Responsible Distribution: Certification that ensures the company meets environmental, health, safety, and security standards in the chemical distribution industry. Provided by the National Association of Chemical Distributors (NACD).

History

A concise historical narrative of NAICS Code 423840-57 covering global milestones and recent developments within the United States.

  • The "Seals-Oil/Grease & Etc Wholesale" industry has a long history dating back to the early 20th century when the first oil seals were invented. These seals were used to prevent oil leakage in engines and other machinery. In the 1930s, the first hydraulic seals were developed, which were used in hydraulic systems to prevent fluid leakage. The industry continued to grow and expand in the following decades, with the development of new types of seals and the expansion of the applications for seals in various industries. In recent history, the industry has seen significant growth due to the increasing demand for seals in the automotive, aerospace, and manufacturing industries. The industry has also been impacted by advancements in technology, such as the development of new materials and manufacturing processes, which have improved the quality and durability of seals. In the United States, the "Seals-Oil/Grease & Etc Wholesale" industry has experienced steady growth over the past few decades. The industry has been driven by the increasing demand for seals in various industries, including automotive, aerospace, and manufacturing. The industry has also been impacted by advancements in technology, such as the development of new materials and manufacturing processes, which have improved the quality and durability of seals. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which has disrupted supply chains and caused a decline in demand for some types of seals. However, the industry is expected to recover in the coming years as the global economy recovers and demand for seals increases.

Future Outlook for Seals-Oil/Grease & Etc Wholesale

The anticipated future trajectory of the NAICS 423840-57 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 Seals-Oil/Grease & Etc Wholesale industry in the USA is positive. The industry is expected to grow due to the increasing demand for industrial seals and gaskets in various end-use industries such as automotive, aerospace, and construction. The growth of the manufacturing sector in the country is also expected to drive the demand for seals and gaskets. Additionally, the increasing focus on energy-efficient and sustainable products is expected to create new opportunities for the industry. However, the industry may face challenges such as the availability of low-cost substitutes and the impact of the COVID-19 pandemic on the supply chain and demand. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423840-57

Recent groundbreaking advancements and milestones in the Seals-Oil/Grease & Etc Wholesale industry, reflecting notable innovations that have reshaped its landscape.

  • The development of advanced sealing materials such as fluoroelastomers and perfluoroelastomers that offer superior chemical resistance and high-temperature performance.
  • The introduction of smart seals that can monitor and adjust their performance in real-time, improving efficiency and reducing maintenance costs.
  • The adoption of 3D printing technology for the production of seals and gaskets, enabling faster prototyping and customization.
  • The use of nanotechnology to enhance the performance of seals and gaskets, such as improving wear resistance and reducing friction.
  • The development of eco-friendly sealing solutions that use biodegradable materials and reduce waste.

NAICS Code 423840-57 - Seals-Oil/Grease & Etc Wholesale

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