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

• Plastic shredders
• Granulators
• Balers
• Compactors
• Conveyors
• Sorting machines
• Magnetic separators
• Density separators
• Air classifiers
• Pelletizers
• Extruders
• Injection molding machines
• Blow molding machines
• Thermoforming machines
• Drying equipment
• Weighing scales
• Forklifts
• Pallet jacks
• Hand trucks

Common products and services typical of NAICS Code 423930-14, illustrating the main business activities and contributions to the market.

• Plastic bottles
• Plastic bags
• Plastic containers
• Plastic packaging
• Plastic toys
• Plastic furniture
• Plastic pipes
• Plastic film
• Plastic automotive parts
• Plastic construction materials
• Plastic household items
• Plastic electronic components
• Plastic medical devices
• Plastic sports equipment
• Plastic garden tools
• Plastic office supplies
• Plastic kitchenware
• Plastic pet products
• Plastic stationery
• Plastic building insulation

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

• ISO 14001: Environmental Management System (EMS) certification that ensures the company is managing its environmental impact effectively and efficiently. The certification is provided by the International Organization for Standardization (ISO).
• OSHA Hazard Communication Standard (HCS) certification that ensures the company is providing information and training to employees about hazardous chemicals in the workplace. The certification is provided by the Occupational Safety and Health Administration (OSHA).
• EPA Resource Conservation and Recovery Act (RCRA) certification that ensures the company is properly managing hazardous waste. The certification is provided by the Environmental Protection Agency (EPA).
• National Association for Information Destruction (NAID) certification that ensures the company is properly destroying confidential information. The certification is provided by the National Association for Information Destruction (NAID).
• Responsible Recycling (R2) certification that ensures the company is properly managing electronic waste. The certification is provided by Sustainable Electronics Recycling International (SERI).

A concise historical narrative of NAICS Code 423930-14 covering global milestones and recent developments within the United States.

• The Plastics-Scrap (Wholesale) industry has a long history dating back to the early 1900s when the first synthetic plastic, Bakelite, was invented. The industry grew rapidly during World War II when the demand for plastic products increased. In the 1960s, the industry experienced a significant shift towards recycling and reusing plastic materials. The first recycling plant for plastics was established in the 1970s, and since then, the industry has continued to grow. In recent years, the industry has faced challenges due to the increasing awareness of environmental issues and the need for sustainable practices. In the United States, the industry has seen a rise in demand for recycled plastic materials due to the implementation of regulations and policies aimed at reducing plastic waste. For example, in 2018, China banned the import of plastic waste, which led to an increase in demand for recycled plastic materials in the United States.

The anticipated future trajectory of the NAICS 423930-14 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Plastics-Scrap (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for recycled plastics in various industries such as automotive, construction, and packaging. The growing awareness of environmental issues and the need for sustainable practices is also driving the demand for recycled plastics. Additionally, the development of new technologies for recycling and processing plastics is expected to increase efficiency and reduce costs, making recycled plastics more competitive with virgin plastics. However, the industry may face challenges such as fluctuations in the price of raw materials and competition from other materials such as bioplastics. Overall, the Plastics-Scrap (Wholesale) industry is expected to continue to grow in the coming years.

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

• Recycling Of Mixed Plastics: Innovations in the recycling of mixed plastics have made it possible to recycle a wider range of plastic products, including those that were previously difficult to recycle. This has increased the supply of recycled plastics and reduced the amount of plastic waste that ends up in landfills.
• Chemical Recycling: Chemical recycling is a new technology that can break down plastics into their constituent molecules, which can then be used to make new plastics. This technology has the potential to increase the efficiency of plastic recycling and reduce the amount of plastic waste.
• Use Of Recycled Plastics In 3D Printing: The use of recycled plastics in 3D printing has the potential to reduce the cost of 3D printing and make it more sustainable. This innovation has the potential to increase the demand for recycled plastics in the future.
• Development Of New Applications for Recycled Plastics: The development of new applications for recycled plastics, such as in the construction industry, has the potential to increase the demand for recycled plastics and create new markets for the Plastics-Scrap (Wholesale) industry.
• Collaboration Between Industry Players: Collaboration between industry players, such as plastics manufacturers and recyclers, can help to increase the efficiency of plastic recycling and reduce costs. This innovation has the potential to increase the competitiveness of recycled plastics and make them more attractive to buyers.