NAICS Code 423840-84 - Tools-Carbide (Wholesale)
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NAICS Code 423840-84 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423840-84
Parent Code (less specific)
Tools
Tools commonly used in the Tools-Carbide (Wholesale) industry for day-to-day tasks and operations.
- Carbide end mills
- Carbide drills
- Carbide inserts
- Carbide reamers
- Carbide burrs
- Carbide saw blades
- Carbide router bits
- Carbide grinding wheels
- Carbide tool bits
- Carbide tipped blades
Industry Examples of Tools-Carbide (Wholesale)
Common products and services typical of NAICS Code 423840-84, illustrating the main business activities and contributions to the market.
- Machine shops
- Metalworking facilities
- Construction companies
- Automotive repair shops
- Aerospace manufacturers
- Oil and gas drilling companies
- Mining operations
- Woodworking shops
- Plastic injection molding companies
- Medical device manufacturers
Certifications, Compliance and Licenses for NAICS Code 423840-84 - Tools-Carbide (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ANSI B94.41: This certification is required for carbide cutting tools and carbide tool blanks. It is a standard that specifies the dimensions, tolerances, and designations for carbide cutting tools and carbide tool blanks. ANSI B94.41 is provided by the American National Standards Institute (ANSI).
- ISO 9001: This certification is required for quality management systems. It is a standard that specifies requirements for a quality management system. ISO 9001 is provided by the International Organization for Standardization (ISO).
- ISO 14001: This certification is required for environmental management systems. It is a standard that specifies requirements for an environmental management system. ISO 14001 is provided by the International Organization for Standardization (ISO).
- OSHA 29 CFR 1910.1200: This certification is required for hazard communication. It is a standard that specifies requirements for the labeling and communication of hazardous chemicals. OSHA 29 CFR 1910.1200 is provided by the Occupational Safety and Health Administration (OSHA).
- EPA 40 CFR Part 82: This certification is required for the handling of refrigerants. It is a standard that specifies requirements for the handling of ozone-depleting substances. EPA 40 CFR Part 82 is provided by the Environmental Protection Agency (EPA).
History
A concise historical narrative of NAICS Code 423840-84 covering global milestones and recent developments within the United States.
- The "Tools-Carbide (Wholesale)" industry has a long history dating back to the early 20th century when tungsten carbide was first discovered. The industry has since grown to become a vital part of the manufacturing sector worldwide. In the United States, the industry has seen significant growth since the 1950s, with the development of new technologies and the increasing demand for high-performance cutting tools. In recent years, the industry has continued to evolve, with the introduction of new materials and the adoption of advanced manufacturing techniques. For example, the use of computer-aided design and manufacturing (CAD/CAM) has revolutionized the industry, allowing for the production of more complex and precise cutting tools. Overall, the "Tools-Carbide (Wholesale)" industry has a rich history of innovation and technological advancement, and it continues to play a critical role in the manufacturing sector worldwide.
Future Outlook for Tools-Carbide (Wholesale)
The anticipated future trajectory of the NAICS 423840-84 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Tools-Carbide (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for carbide tools in various end-use industries such as automotive, aerospace, and construction. The growth of the construction industry in the USA is expected to drive the demand for carbide tools as they are widely used in drilling, cutting, and shaping of hard materials such as concrete and metal. Additionally, the increasing adoption of electric vehicles is expected to drive the demand for carbide tools in the automotive industry as they are used in the manufacturing of electric vehicle components. The industry is also expected to benefit from the increasing focus on automation and Industry 4.0, which is expected to drive the demand for high-precision carbide tools. However, the industry may face challenges such as the volatility of raw material prices and the increasing competition from low-cost manufacturers in emerging economies.
Industry Innovations for NAICS Code 423840-84
Recent groundbreaking advancements and milestones in the Tools-Carbide (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Kennametal's Beyond Evolution: Kennametal's Beyond Evolution is a new line of solid carbide end mills that are designed to provide high performance and longer tool life. The end mills are designed with a unique geometry that reduces cutting forces and improves chip evacuation, resulting in higher metal removal rates and longer tool life.
- Sandvik Coromant's Primeturning: Sandvik Coromant's PrimeTurning is a new turning method that allows for turning in all directions, resulting in faster and more efficient machining. The method uses a new type of carbide insert that is designed to provide higher metal removal rates and longer tool life.
- Iscar's Sumocham: Iscar's SumoCham is a new line of carbide drills that are designed to provide high performance and longer tool life. The drills are designed with a unique geometry that reduces cutting forces and improves chip evacuation, resulting in higher metal removal rates and longer tool life.
- Mitsubishi Materials' Miracle Coating: Mitsubishi Materials' Miracle Coating is a new coating technology that is designed to provide higher wear resistance and longer tool life for carbide tools. The coating is applied using a unique process that results in a uniform and dense coating, which provides excellent adhesion and wear resistance.
- Osg's Exopro-XPF: OSG's ExoPro-XPF is a new line of carbide end mills that are designed to provide high performance and longer tool life. The end mills are designed with a unique geometry that reduces cutting forces and improves chip evacuation, resulting in higher metal removal rates and longer tool life.
NAICS Code 423840-84 - Tools-Carbide (Wholesale)
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