NAICS Code 423840-70 - Valves (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423840-70
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NAICS Code 423840-70 Description (8-Digit)

Valves (Wholesale) is a subdivision of the Industrial Supplies Merchant Wholesalers industry that involves the distribution of valves to various businesses and industries. Valves are mechanical devices that regulate the flow of fluids, gases, and slurries within a system. These devices are essential components in various industries, including oil and gas, chemical, pharmaceutical, water treatment, and many others. Valves (Wholesale) companies purchase valves from manufacturers and distribute them to businesses and industries that require them.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423840 page

Tools

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

  • Valve wrenches
  • Valve seat wrenches
  • Valve stem packing extractors
  • Valve seat grinding tools
  • Valve lapping tools
  • Valve spring compressors
  • Valve core removal tools
  • Valve stem seal pliers
  • Valve stem seal installation tools
  • Valve guide drivers
  • Valve guide reamers
  • Valve guide knurling tools
  • Valve seat cutters
  • Valve seat installation tools
  • Valve seat removal tools
  • Valve stem grinding tools
  • Valve stem refacing tools
  • Valve stem chamfering tools
  • Valve stem end grinding tools

Industry Examples of Valves (Wholesale)

Common products and services typical of NAICS Code 423840-70, illustrating the main business activities and contributions to the market.

  • Oil and gas
  • Chemical
  • Pharmaceutical
  • Water treatment
  • Power generation
  • HVAC
  • Pulp and paper
  • Food and beverage
  • Mining
  • Construction

History

A concise historical narrative of NAICS Code 423840-70 covering global milestones and recent developments within the United States.

  • The valves industry has been around for centuries, with the earliest known valve designs dating back to ancient Greece and Rome. These early valves were simple devices made of wood or stone that were used to control the flow of water in aqueducts and irrigation systems. Over time, valve designs became more sophisticated, with the introduction of metal valves in the 19th century and the development of new materials and manufacturing techniques in the 20th century. Today, valves are used in a wide range of industries, including oil and gas, chemical processing, and power generation. In the United States, the valves industry has a long history of innovation and growth. During the 20th century, the industry experienced significant expansion, driven by the growth of the oil and gas industry and the increasing demand for valves in other industrial applications. In recent years, the industry has faced challenges from increased competition and changing market conditions, but it continues to be an important part of the US economy.